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Debt (Tables)
 12 Months Ended
Mar. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Debt
Consolidated long-term debt of the Company consisted of the following:
 March 31,
 20232022
Term loan462,560 502,560 
Unamortized deferred financing costs, net(4,508)(5,425)
Total debt458,052 497,135 
Less: current portion40,000 40,000 
Total debt, less current portion$418,052 $457,135 
Schedule of Maturities of Long-term Debt
The principal payments obligated to be made as of March 31, 2023 on the Term Loan B facility are as follows:

2024$5,260 
2025$5,260 
2026$5,260 
2027$5,260 
Thereafter441,520
 $462,560 

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 $13,541,000 as of March 31, 2023 of which $604,000 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 Consolidated Balance Sheet. See Note 18, Leases, for further details.