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Revenue Recognition (Tables)

12 Months Ended

Mar. 31, 2021

Revenue from Contract with Customer [Abstract]

Accounts Receivable, Allowance for Credit Loss

The following table illustrates the balance and related activity for the allowance for doubtful accounts that is deducted from accounts receivable to present the net amount expected to be collected in the twelve months ending March 31, 2021 (in thousands):

Allowance for doubtful accounts			March 31, 2021
April 1, beginning balance			$	5,056
Bad debt expense			2,411
Less uncollectible accounts written off, net of recoveries			(1,973)
Other (1)			192
March 31, ending balance			$	5,686

(1) Other includes the impact of foreign currency translation

Contract with Customer, Asset and Liability [Table Text Block]

The following table illustrates the balance and related activity for customer advances in fiscal 2021 and 2020 (in thousands):

Customer advances (contract liabilities)
			March 31,
			2021						2020
Beginning balance			$	10,796					$	11,501
Additional customer advances received			35,815						36,058
Revenue recognized from customer advances included in the beginning balance			(10,796)						(11,501)
Other revenue recognized from customer advances			(21,177)						(25,037)
Other (1)			735						(225)
Ending balance			$	15,373					$	10,796

    (1) Other includes the impact of foreign currency translation

Disaggregation of Revenue [Table Text Block]

The following table illustrates the disaggregation of revenue by product grouping for the year ending March 31, 2021 (in thousands):

			Twelve Months Ended			Twelve Months Ended
Net Sales by Product Grouping			March 31, 2021			March 31, 2020
Industrial Products			$	271,414		$	353,155
Crane Solutions			298,135			371,974
Engineered Products			79,989			83,977
All other			104			56
Total			$	649,642		$	809,162

X

- Definition

Tabular disclosure of allowance for credit loss on accounts receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447

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X

- 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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130551-203045

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X

- 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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130545-203045

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- References

No definition available.

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