v3.25.4
SEGMENTS
 9 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
SEGMENTS SEGMENTS
As discussed in Note 20 to our consolidated financial statements in our Annual Report, we conduct our operations through three reportable segments:
•Contractor Solutions
•Specialized Reliability Solutions
•Engineered Building Solutions

The Eliminations and Other segment information below is included to reconcile segment data to the consolidated financial statements and includes general expenses that are applicable to the consolidated group and are, therefore, not allocated to the other reportable segments. All expenses reported within the Eliminations and Other segment are not included in our chief operating decision maker's ("CODM") evaluation of the operating performance of the other reportable segments.

The following is a summary of the financial information of our reporting segments reconciled to the amounts reported in the consolidated financial statements (in thousands).

Three Months Ended December 31, 2025:
(in thousands)Contractor SolutionsSpecialized Reliability SolutionsEngineered Building SolutionsSubtotal - Reportable SegmentsEliminations and OtherTotal
Revenues, net to external customers$166,293 $38,247 $28,452 $232,992 $— $232,992 
Intersegment revenue1,706 36 — 1,742 (1,742)— 
Cost of revenues99,750 24,621 17,920 142,291 (1,742)140,549 
Selling, general, and administrative expenses51,459 9,144 7,170 67,773 7,332 75,105 
Operating income16,790 4,518 3,362 24,670 (7,332)17,338 
Depreciation & amortization17,167 1,416 483 19,066 (9)19,057 
Capital expenditures3,666 2,332 148 6,146 — 6,146 

Three Months Ended December 31, 2024:
(in thousands)Contractor SolutionsSpecialized Reliability SolutionsEngineered Building SolutionsSubtotal - Reportable SegmentsEliminations and OtherTotal
Revenues, net to external customers$130,292 $34,536 $28,821 $193,649 $— $193,649 
Intersegment revenue1,859 30 — 1,889 (1,889)— 
Cost of revenues75,442 22,047 17,943 115,432 (1,889)113,543 
Selling, general, and administrative expenses29,953 7,281 7,233 44,467 6,044 50,511 
Operating income26,756 5,238 3,645 35,639 (6,044)29,595 
Depreciation & amortization9,179 1,366 420 10,965 48 11,013 
Capital expenditures2,623 277 241 3,141 7 3,148 
Nine Months Ended December 31, 2025
(in thousands)Contractor SolutionsSpecialized Reliability SolutionsEngineered Building SolutionsSubtotal - Reportable SegmentsEliminations and OtherTotal
Revenues, net to external customers$567,546 $113,787 $92,256 $773,589 $— $773,589 
Intersegment revenue5,661 109 5 5,775 (5,775)— 
Cost of revenues320,639 74,088 57,567 452,294 (5,775)446,519 
Selling, general, and administrative expenses129,645 24,955 22,502 177,102 20,974 198,076 
Operating income122,923 14,853 12,192 149,968 (20,974)128,994 
Depreciation & amortization41,262 4,100 1,339 46,701 86 46,787 
Capital expenditures8,142 3,463 525 12,130 — 12,130 

Nine Months Ended December 31, 2024
(in thousands)Contractor SolutionsSpecialized Reliability SolutionsEngineered Building SolutionsSubtotal - Reportable SegmentsEliminations and OtherTotal
Revenues, net to external customers$445,594 $109,772 $92,386 $647,752 $— $647,752 
Intersegment revenue5,809 121 — 5,930 (5,930)— 
Cost of revenues239,244 68,111 54,899 362,254 (5,930)356,324 
Selling, general, and administrative expenses89,265 23,574 22,036 134,875 20,349 155,224 
Operating income122,894 18,208 15,451 156,553 (20,349)136,204 
Depreciation & amortization25,164 4,198 1,399 30,761 135 30,896 
Capital expenditures9,269 1,438 922 11,629 106 11,735 

TOTAL ASSETS
(in thousands)Contractor SolutionsSpecialized Reliability SolutionsEngineered Building SolutionsSubtotal - Reportable SegmentsEliminations and OtherTotal
December 31, 2025$2,005,562 $171,743 $82,283 $2,259,588 $25,944 $2,285,532 
March 31, 2025941,087 145,663 81,347 1,168,097 210,968 1,379,065