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Income Taxes (Tables)

12 Months Ended

Mar. 31, 2025

Income Tax Disclosure [Abstract]

Schedule Of Components of Income Tax Expense

Income taxes for the fiscal years ended March 31, 2025, 2024, and 2023 consisted of the following: 

			Fiscal Year Ended March 31,
			2025						2024						2023
Current
United States			$	7,038					$	5,107					$	9,967
State and local			713						696						1,134
Foreign			32,112						30,711						8,289
			39,863						36,514						19,390
Deferred
United States			(2,631)						(824)						(4,727)
State and local			(22)						(138)						613
Foreign			3,736						(4,443)						(3,543)
			1,083						(5,405)						(7,657)
Total			$	40,946					$	31,109					$	11,733

Foreign taxes include any applicable U.S. tax expense on the earnings of foreign subsidiaries.

Schedule Of Effective Income Tax Rate Reconciliation

A reconciliation of the U.S. federal statutory tax rate to the Company’s effective income tax rate is as follows:

			Fiscal Year Ended March 31,
			2025						2024						2023
U.S. federal statutory tax rate			21.0		%				21.0		%				21.0		%
State income taxes, net of federal benefit			0.4						0.3						1.0
Foreign earnings taxed at rates other than the U.S. federal statutory tax rate			(3.7)						(5.2)						(1.5)
Foreign dividend withholding taxes			6.7						2.9						2.6
Brazil tax ruling			—						—						(17.1)
Changes in uncertain tax positions			—						(0.2)						(0.1)
Other			2.2						0.2						2.4
Effective income tax rate			26.6		%				19.0		%				8.3		%

Schedule Of U.S. And Foreign Components Of Income Before Income Taxes And Other Items

The U.S. and foreign components of income before income taxes were as follows:

			Fiscal Year Ended March 31,
			2025						2024						2023
United States			$	5,529					$	22,517					$	27,942
Foreign			148,686						141,563						114,027
Total			$	154,215					$	164,080					$	141,969

Schedule Of Deferred Tax Assets and Liabilities

Significant components of deferred tax liabilities and assets were as follows:  

			March 31,
			2025						2024
Liabilities
Foreign withholding taxes			$	20,989					$	15,350
Property, plant and equipment			14,730						10,604
Undistributed earnings			3,362						3,145
Operating lease right-of-use assets			8,238						8,119
Goodwill and other intangible assets			30,834						32,232
Interest rate swap			1,013						3,036
All other			1,680						1,168
Total deferred tax liabilities			$	80,846					$	73,654
Assets
Employee benefit plans			$	12,624					$	15,938
Reserves and accruals			6,325						6,973
Deferred income			3,989						5,827
Operating lease right-of-use liabilities			7,496						7,407
Currency translation losses of foreign subsidiaries			2,156						2,156
Local currency exchange losses of foreign subsidiaries			4,466						2,075
Interest expense limitation carryforward			6,369						1,434
Foreign tax credit carryforward			8,795						8,196
Capital loss carryforwards			4,097						4,143
All other			13,470						8,563
Total deferred tax assets			69,787						62,712
Valuation allowance			(14,492)						(13,016)
Net deferred tax assets			$	55,295					$	49,696

Schedule Of Combined Income Tax Expense (Benefit) Allocable To Continuing Operations, Other Comprehensive Income, And Adjustments To Shareholders' Equity

The combined income tax expense (benefit) allocable to continuing operations and other comprehensive income was as follows:

			Fiscal Year Ended March 31,
			2025						2024						2023
Continuing operations			$	40,946					$	31,109					$	11,733
Other comprehensive loss			(531)						(1,056)						3,551
Total			$	40,415					$	30,053					$	15,284

Reconciliation Of The Gross Liability For Uncertain Tax Positions

A reconciliation of the beginning and ending balance of the gross liability for uncertain tax positions is as follows:

			Fiscal Year Ended March 31,
			2025						2024						2023
Liability for uncertain tax positions, beginning of year			$	1,070					$	1,415					$	2,024
Additions:
Related to tax positions for the current year			71						65						1,198
Related to tax positions for prior years			—						—						—
Reductions:
Due to lapses of statutes of limitations			(56)						(56)						(75)
Due to tax settlements			—						(311)						(1,661)
Effect of currency rate changes			(79)						(43)						(71)
Liability for uncertain tax positions, end of year			$	1,006					$	1,070					$	1,415

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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