XML 206 R47.htm IDEA: XBRL DOCUMENT v3.21.1

Business Segment Information (Tables)

12 Months Ended

Mar. 31, 2021

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Financial information relating to the Company’s operations by geographic area is as follows:

						Year Ended March 31,
						2021						2020						2019
Net sales:
United States						$	348,986					$	450,242					$	485,969
Germany						164,380						175,492						196,055
Europe, Middle East, and Africa (Excluding Germany)						90,415						121,600						127,453
Canada						15,443						21,984						22,206
Asia Pacific						13,829						14,193						17,749
Latin America						16,589						25,651						26,850
Total						$	649,642					$	809,162					$	876,282

Note: Net sales to external customers are attributed to geographic areas based upon the location from which the product was shipped from the Company to the customer.

						Year Ended March 31,
						2021						2020						2019
Total assets:
United States						$	540,184					$	518,914					$	496,580
Germany						435,638						438,210						429,859
Europe, Middle East, and Africa (Excluding Germany)						125,262						86,638						85,680
Canada						8,647						9,979						8,688
Asia Pacific						19,326						20,314						22,129
Latin America						21,375						19,217						18,635
Total						$	1,150,432					$	1,093,272					$	1,061,571

						Year Ended March 31,
						2021						2020						2019
Long-lived assets:
United States						$	269,061					$	272,816					$	282,456
Germany						336,606						327,420						342,150
Europe, Middle East, and Africa						8,359						9,561						10,163
Canada						1,395						1,192						1,319
Asia Pacific						2,235						4,928						5,781
Latin America						1,635						1,197						1,190
Total						$	619,291					$	617,114					$	643,059

Note: Long-lived assets include net property, plant, and equipment, goodwill, and other intangibles, net.

Sales by major product group are as follows:						Year Ended March 31,
						2021						2020						2019
Hoists						$	394,682					$	492,126					$	518,806
Chain and rigging tools						47,557						68,666						89,215
Industrial cranes						37,025						44,149						59,085
Actuators and rotary unions						75,458						77,957						77,719
Digital power control and delivery systems						74,943						100,658						98,187
Elevator application drive systems						19,977						25,606						25,548
Other						—						—						7,722
Total						$	649,642					$	809,162					$	876,282

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration