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Revenue Recognition (Tables) | 3 Months Ended
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Jun. 30, 2021
Revenue from Contract with Customer [Abstract] |
Deposit Liabilities Disclosures [Text Block] |
Customer advances (contract liabilities) | June 30, 2021 | June 30, 2020
March 31, beginning balance | $ | 15,373 |  | $ | 10,796 |
Additional customer advances received | 13,690 |  | 9,873 |
Revenue recognized from customer advances | (18,504) |  | (7,775) |
Customer advances recorded from Dorner acquisition | 4,144 |  | — |
Other (1) | 185 |  | 329 |
June 30, ending balance | $ | 14,888 |  | $ | 13,223 |
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 three months ended June 30, 2021 (in thousands):
Allowance for doubtful accounts | June 30, 2021 | June 30, 2020
March 31, beginning balance | $ | 5,686 |  | $ | 5,056 |
Bad debt expense | 213 |  | 1,559 |
Less uncollectible accounts written off, net of recoveries | (472) |  | (225) |
Allowance recorded from Dorner acquisition | 152 |  | — |
Other (1) | 173 |  | 40 |
June 30, ending balance | $ | 5,752 |  | $ | 6,430 |
Disaggregation of Revenue | The following table illustrates the disaggregation of revenue by product grouping for the three months ended June 30, 2021 and June 30, 2020 (in thousands):
| Three Months Ended |
Net Sales by Product Grouping | June 30, 2021 |  | June 30, 2020 |
Industrial Products | $ | 79,611 |  |  | $ | 53,717 |  |
Crane Solutions | 79,667 |  |  | 68,988 |  |
Engineered Products | 19,993 |  |  | 16,327 |  |
Precision Conveyor Products | 34,179 |  |  | — |  |
All other | 14 |  |  | 38 |  |
Total | $ | 213,464 |  |  | $ | 139,070 |  |

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- 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 + Details
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- Definition The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 405 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=116652737&loc=d3e64164-112818 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.12) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 + 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 -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 + Details
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