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Debt (Tables) | 12 Months Ended
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Mar. 31, 2022
Debt Disclosure [Abstract] |
Schedule of Debt | Consolidated long-term debt of the Company consisted of the following:
|  | March 31,
|  | 2022 |  | 2021
Term loan |  | 502,560 |  |  | 254,900 |
Unamortized deferred financing costs, net |  | (5,425) |  |  | (5,946) |
Total debt |  | 497,135 |  |  | 248,954 |
Less: current portion |  | 40,000 |  |  | 4,450 |
Total debt, less current portion |  | $ | 457,135 |  |  | $ | 244,504 |
Schedule of Maturities of Long-term Debt | The principal payments obligated to be made as of March 31, 2022 on the Term Loan B facility are as follows:
2023 | $ | 5,260 |
2024 | 5,260
2025 | 5,260
2026 | 5,260
Thereafter | 481,520
| $ | 502,560 |
In connection with Dorner acquisition, the Company recorded a finance lease for a manufacturing facility in Hartland, WI under a 23 year lease agreement, which terminates in 2035. The outstanding balance on the finance lease obligation is $14,084,000 as of March 31, 2022 of which $544,000 has been recorded within the Current portion of long term debt and the remaining balance recorded within Term loan and finance lease obligations on the Company's Condensed Consolidated Balance Sheet. See Note 18, Leases, for further details.

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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