v3.25.4

Revenue Recognition (Tables) | 9 Months Ended
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Dec. 31, 2025
Revenue from Contract with Customer [Abstract] |
Revenue Disaggregated by Product Line and Geographic Area | The following table presents the Company’s revenue disaggregated by product line and geographic area:
|  | Three Months Ended |  |  | Nine Months Ended |
|  | December 31, |  |  | December 31, |
Market |  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Defense |  | $ | 35,283 |  |  | $ | 27,023 |  |  | $ | 105,568 |  |  | $ | 87,014 |
Energy & Process |  |  | 18,287 |  |  |  | 16,193 |  |  |  | 62,139 |  |  |  | 52,353 |
Space |  |  | 3,131 |  |  |  | 3,821 |  |  |  | 10,508 |  |  |  | 11,184 |
Net sales |  | $ | 56,701 |  |  | $ | 47,037 |  |  | $ | 178,215 |  |  | $ | 150,551 |
Geographic Region |  |  |  |  |  |  |  |  |  |  |  |
Asia |  | $ | 3,425 |  |  | $ | 2,275 |  |  | $ | 11,160 |  |  | $ | 11,851 |
Canada |  |  | 2,744 |  |  |  | 2,441 |  |  |  | 9,871 |  |  |  | 5,102 |
Middle East |  |  | 1,402 |  |  |  | 1,551 |  |  |  | 4,518 |  |  |  | 3,328 |
South America |  |  | 141 |  |  |  | 495 |  |  |  | 592 |  |  |  | 864 |
U.S. |  |  | 48,112 |  |  |  | 39,675 |  |  |  | 149,532 |  |  |  | 126,065 |
All other |  |  | 877 |  |  |  | 600 |  |  |  | 2,542 |  |  |  | 3,341 |
Net sales |  | $ | 56,701 |  |  | $ | 47,037 |  |  | $ | 178,215 |  |  | $ | 150,551 |
The following table presents the Company's revenue percentages disaggregated by revenue recognized over time or upon shipment:
|  | Three Months Ended |  |  | Nine Months Ended |
|  | December 31, |  |  | December 31, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Revenue recognized over time |  |  | 79 | % |  |  | 75 | % |  |  | 81 | % |  |  | 79 | %
Revenue recognized at shipment |  |  | 21 | % |  |  | 25 | % |  |  | 19 | % |  |  | 21 | %
Schedule of Net Contract Assets (Liabilities) | Net contract assets (liabilities) consisted of the following:
|  | December 31, 2025 |  |  | March 31, 2025 |  |  | Change |  |  |  | Change due to revenue recognized |  |  | Change due to invoicing customers/ additional deposits |
Unbilled revenue - contract assets |  | $ | 57,823 |  |  | $ | 38,494 |  |  | $ | 19,329 |  |  |  | $ | 93,028 |  |  | $ | (73,699 | )
Customer deposits - contract liabilities |  |  | (111,984 | ) |  |  | (84,062 | ) |  |  | (27,922 | ) |  |  |  | 58,165 |  |  |  | (86,087 | )
Net contract (liabilities) assets |  | $ | (54,161 | ) |  | $ | (45,568 | ) |  | $ | (8,593 | ) |  |  |  |  |  |  |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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