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Revenue Recognition (Tables)
9 Months Ended
Dec. 31, 2022
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 nine months ended December 31, 2022 and December 31, 2021 (in thousands):

Allowance for doubtful accountsDecember 31, 2022December 31, 2021
March 31, beginning balance$5,717 $5,686 
Bad debt expense726 961 
Less uncollectible accounts written off, net of recoveries(996)(1,520)
Allowance recorded from acquisitions— 227 
Other (1)(134)85 
December 31, ending balance$5,313 $5,439 
(1) Other includes the impact of foreign currency translation
Disaggregation of Revenue
The following table illustrates the disaggregation of revenue by product grouping for the three and nine months ended December 31, 2022 and December 31, 2021 (in thousands):

Three Months EndedNine Months Ended
Net Sales by Product GroupingDecember 31, 2022December 31, 2021December 31, 2022December 31, 2021
Industrial Products$77,423 $77,754 $240,366 $241,595 
Crane Solutions97,541 81,213 266,959 244,791 
Engineered Products21,535 20,693 61,309 62,618 
Precision Conveyor Products33,837 36,382 113,646 104,100 
All other34 46 117 83 
Total$230,370 $216,088 $682,397 $653,187 
Contract with Customer, Contract Asset, Contract Liability, and Receivable
The following table illustrates the balance and related activity for customer advances in the nine months ended December 31, 2022 and December 31, 2021 (in thousands):

Customer advances (contract liabilities)December 31, 2022December 31, 2021
March 31, beginning balance$22,453 $15,373 
Additional customer advances received56,902 26,807 
Revenue recognized from customer advances included in beginning of period(22,453)(15,373)
Other revenue recognized from customer advances(34,302)(13,087)
Customer advances recorded from acquisitions— 14,750 
Other (1)(418)(354)
December 31, ending balance$22,182 $28,116 
        
    (1) Other includes the impact of foreign currency translation