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Pay vs Performance Disclosure
12 Months Ended
Mar. 31, 2023
USD ($)
Mar. 31, 2022
USD ($)
Mar. 31, 2021
USD ($)
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]
PAY VERSUS PERFORMANCE
Compensation Actually Paid Table
The following table sets forth information
concerning
the compensation of our NEOs for each of the
fiscal
years ended March 31, 2023, 2022, and 2021, and our financial performance for each such fiscal year:

Year
 
SCT Total
for First
CEO
(1)
 
SCT Total
for
Second
CEO
(1)
 
CAP for
First
CEO
(1)
 
CAP for
Second
CEO
(1)
 
Avg. SCT
Total for
Other
NEOs
(1)
 
Avg. CAP
to Other
NEOs
(1)
  
Value of Initial Fixed
$100
 
Net
Income
 
  Adjusted  
EBIT
(3)
  
TSR
 
Peer
Group
TSR
(2)
(a)
 
(b)
 
(b)
 
(c)
 
(c)
 
(d)
 
(e)
  
(f)
 
(g)
 
(h)
 
(i)
2023
    $ 4,988,499       $       $ 3,561,113       $       $ 1,641,908       $ 1,449,565        $ 151.72       $ 155.40       $ 48,429       $ 105,869  
2022
    $ 4,075,929       $       $ 2,573,200       $       $ 1,351,197       $ 798,978        $ 171.66       $ 147.62       $ 29,660       $ 95,589  
2021
    $ 5,572,610       $ 397,800       $ 9,019,389       $ 423,480       $ 1,169,073       $ 2,654,058        $ 212.53       $ 159.26       $ 9,106       $ 48,854  
(1)
Amounts represent compensation actually paid to our CEO and the average compensation actually paid to our remaining NEOs for the relevant fiscal year, as determined under SEC rules (and described below), which includes the individuals indicated in the table below for each fiscal year:

Year
  
First CEO
 
  
Second CEO
  
Other NEOs
2023
     Mr. Wilson      N/A    Messrs. Brant, Korman, Rustowicz, and Schadeberg
2022
     Mr. Wilson      N/A    Messrs. Brant, Korman, Rustowicz, and Wozniak
2021
     Mr. Wilson      Mr. Fleming    Messrs. Korman, McCormick, Rustowicz, and Wozniak
(2)
For the relevant fiscal year, represents the cumulative TSR (the “Peer Group TSR”) of the Dow Jones U.S. Diversified Industrials Index.
(3)
Adjusted EBIT is a
non-GAAP
measure. Adjusted EBIT is defined in the FY23 Financial Metrics section.
Compensation actually paid to our NEOs represents the “Total” compensation reported in the Summary Compensation Table for the applicable fiscal year, as adjusted as follows:
First Chief Executive Officer
 

Year
 
Summary
Compensation
Table
Total
 
Minus:
Change
in
Present
Value of
Pension
 
Plus:
Pension
Service
Costs
Attributable
to the
Applicable
Year
 
Minus:
Grant Date
Fair Value
of Equity
Awards
Granted
During
Applicable
Year
 
Plus: Year-
End Fair
Value of
Equity
Awards
Granted
During
Applicable
Year
 
Plus:
Value of
Awards
Granted
and
Vested in
Applicable
Year
 
Plus:
Change in
Fair Value
as of Year-
End of Any
Prior-Year
Awards that
Remain
Unvested as
of Year-End
 
Plus:
Change in
Fair Value
as of
Vesting
Date of
Any Prior-
Year
Awards
that Vested
During
Applicable
Year
 
 Compensation 
Actually Paid
2023
    $ 4,988,499       $       $       $ 2,816,047       $ 3,501,035       $       $ (1,616,943 )     $ (495,431 )     $ 3,561,113  
2022
    $ 4,075,929       $       $       $ 2,362,446       $ 1,840,059       $       $ (993,714 )     $ 13,371       $ 2,573,200  
2021
    $ 5,572,610       $       $       $ 3,543,080       $ 6,414,349       $ 575,510       $       $       $ 9,019,389  
Second Chief Executive Officer

 
Year
 
Summary
Compensation
Table
Total
 
Minus:
Change
in
Present
Value
of
Pension
 
Plus:
Pension
Service
Costs
Attributable
to the
Applicable
Year
 
Minus:
Grant Date
Fair Value
of Equity
Awards
Granted
During
Applicable
Year
 
Plus: Year-
End Fair
Value of
Equity
Awards
Granted
During
Applicable
Year
 
Plus: Value
of Awards
Granted
and Vested
in
Applicable
Year
 
Plus:
Change in
Fair Value
as of Year-
End of
Any Prior-
Year
Awards
that
Remain
Unvested
as of Year-
End
 
Plus:
Change in
Fair Value
as of
Vesting
Date of Any
Prior-Year
Awards
that Vested
During
Applicable
Year
 
 Compensation 
Actually Paid
2023
    $       $       $       $       $       $       $       $       $  
2022
    $       $       $       $       $       $       $       $       $  
2021
    $ 397,800       $       $       $ 254,079       $ 75,660       $ 204,099       $       $       $ 423,480  
Average of Other Named Executive Officers


Year
 
Summary
Compensation
Table
Total
 
Minus:
Change
in
Present
Value of
Pension
 
Plus:
Pension
Service
Costs
Attributable
to the
Applicable
Year
 
Minus:
Grant Date
Fair Value
of Equity
Awards
Granted
During
Applicable
Year
 
Plus: Year-
End Fair
Value of
Equity
Awards
Granted
During
Applicable
Year
 
Plus:
Value of
Awards
Granted
and
Vested in
Applicable
Year
 
Plus:
Change in
Fair Value
as of
Year-End
of Any
Prior-Year
Awards
that
Remain
Unvested
as of
Year-End
 
Plus:
Change in
Fair Value
as of
Vesting
Date of Any
Prior-Year
Awards
that Vested
During
Applicable
Year
 
 Compensation 
Actually Paid
2023
    $ 1,641,908       $       $       $ 814,420       $ 701,707       $       $ 33,962       $ (113,592 )     $ 1,449,565  
2022
    $ 1,351,197       $       $       $ 668,073       $ 520,369       $       $ (404,240 )     $ (275 )     $ 798,978  
2021
    $ 1,169,073       $ 2,962       $       $ 467,863       $ 1,137,057       $       $ 785,776       $ 30,014       $ 2,654,058  
   
Company Selected Measure Name Adjusted EBIT    
Named Executive Officers, Footnote [Text Block]
Year
  
First CEO
 
  
Second CEO
  
Other NEOs
2023
     Mr. Wilson      N/A    Messrs. Brant, Korman, Rustowicz, and Schadeberg
2022
     Mr. Wilson      N/A    Messrs. Brant, Korman, Rustowicz, and Wozniak
2021
     Mr. Wilson      Mr. Fleming    Messrs. Korman, McCormick, Rustowicz, and Wozniak
   
Peer Group Issuers, Footnote [Text Block] For the relevant fiscal year, represents the cumulative TSR (the “Peer Group TSR”) of the Dow Jones U.S. Diversified Industrials Index.    
Adjustment To PEO Compensation, Footnote [Text Block]
First Chief Executive Officer
 

Year
 
Summary
Compensation
Table
Total
 
Minus:
Change
in
Present
Value of
Pension
 
Plus:
Pension
Service
Costs
Attributable
to the
Applicable
Year
 
Minus:
Grant Date
Fair Value
of Equity
Awards
Granted
During
Applicable
Year
 
Plus: Year-
End Fair
Value of
Equity
Awards
Granted
During
Applicable
Year
 
Plus:
Value of
Awards
Granted
and
Vested in
Applicable
Year
 
Plus:
Change in
Fair Value
as of Year-
End of Any
Prior-Year
Awards that
Remain
Unvested as
of Year-End
 
Plus:
Change in
Fair Value
as of
Vesting
Date of
Any Prior-
Year
Awards
that Vested
During
Applicable
Year
 
 Compensation 
Actually Paid
2023
    $ 4,988,499       $       $       $ 2,816,047       $ 3,501,035       $       $ (1,616,943 )     $ (495,431 )     $ 3,561,113  
2022
    $ 4,075,929       $       $       $ 2,362,446       $ 1,840,059       $       $ (993,714 )     $ 13,371       $ 2,573,200  
2021
    $ 5,572,610       $       $       $ 3,543,080       $ 6,414,349       $ 575,510       $       $       $ 9,019,389  
Second Chief Executive Officer

 
Year
 
Summary
Compensation
Table
Total
 
Minus:
Change
in
Present
Value
of
Pension
 
Plus:
Pension
Service
Costs
Attributable
to the
Applicable
Year
 
Minus:
Grant Date
Fair Value
of Equity
Awards
Granted
During
Applicable
Year
 
Plus: Year-
End Fair
Value of
Equity
Awards
Granted
During
Applicable
Year
 
Plus: Value
of Awards
Granted
and Vested
in
Applicable
Year
 
Plus:
Change in
Fair Value
as of Year-
End of
Any Prior-
Year
Awards
that
Remain
Unvested
as of Year-
End
 
Plus:
Change in
Fair Value
as of
Vesting
Date of Any
Prior-Year
Awards
that Vested
During
Applicable
Year
 
 Compensation 
Actually Paid
2023
    $       $       $       $       $       $       $       $       $  
2022
    $       $       $       $       $       $       $       $       $  
2021
    $ 397,800       $       $       $ 254,079       $ 75,660       $ 204,099       $       $       $ 423,480  
   
Non-PEO NEO Average Total Compensation Amount $ 1,641,908 $ 1,351,197 $ 1,169,073
Non-PEO NEO Average Compensation Actually Paid Amount $ 1,449,565 798,978 2,654,058
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
Average of Other Named Executive Officers


Year
 
Summary
Compensation
Table
Total
 
Minus:
Change
in
Present
Value of
Pension
 
Plus:
Pension
Service
Costs
Attributable
to the
Applicable
Year
 
Minus:
Grant Date
Fair Value
of Equity
Awards
Granted
During
Applicable
Year
 
Plus: Year-
End Fair
Value of
Equity
Awards
Granted
During
Applicable
Year
 
Plus:
Value of
Awards
Granted
and
Vested in
Applicable
Year
 
Plus:
Change in
Fair Value
as of
Year-End
of Any
Prior-Year
Awards
that
Remain
Unvested
as of
Year-End
 
Plus:
Change in
Fair Value
as of
Vesting
Date of Any
Prior-Year
Awards
that Vested
During
Applicable
Year
 
 Compensation 
Actually Paid
2023
    $ 1,641,908       $       $       $ 814,420       $ 701,707       $       $ 33,962       $ (113,592 )     $ 1,449,565  
2022
    $ 1,351,197       $       $       $ 668,073       $ 520,369       $       $ (404,240 )     $ (275 )     $ 798,978  
2021
    $ 1,169,073       $ 2,962       $       $ 467,863       $ 1,137,057       $       $ 785,776       $ 30,014       $ 2,654,058  
   
Compensation Actually Paid vs. Total Shareholder Return [Text Block] Compensation Actually Paid versus Total Shareholder Return
 
 
LOGO
   
Compensation Actually Paid vs. Net Income [Text Block] Compensation Actually Paid versus Net Income
 
 
LOGO
   
Compensation Actually Paid vs. Company Selected Measure [Text Block] Compensation Actually Paid versus Adjusted EBIT
 
 
LOGO
   
Tabular List [Table Text Block]
Pay Versus Performance Tabular List
We believe the following performance measures represent the most
important
financial performance measures used by us to link compensation actually paid to our NEOs for the fiscal year ended March 31, 2023:
 
 
Adjusted EBIT
 
 
Adjusted Free Cash Flow
 
 
Adjusted ROIC
   
Total Shareholder Return Amount $ 151.72 171.66 212.53
Peer Group Total Shareholder Return Amount 155.4 147.62 159.26
Net Income (Loss) $ 48,429 $ 29,660 $ 9,106
Company Selected Measure Amount 105,869 95,589 48,854
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Adjusted EBIT    
Non-GAAP Measure Description [Text Block] Adjusted EBIT is a
non-GAAP
measure. Adjusted EBIT is defined in the FY23 Financial Metrics section.
   
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Adjusted Free Cash Flow    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name Adjusted ROIC    
Wilson [Member]      
Pay vs Performance Disclosure [Table]      
PEO Total Compensation Amount $ 4,988,499 $ 4,075,929 $ 5,572,610
PEO Actually Paid Compensation Amount $ 3,561,113 2,573,200 9,019,389
PEO Name Mr. Wilson    
Fleming [Member]      
Pay vs Performance Disclosure [Table]      
PEO Total Compensation Amount     397,800
PEO Actually Paid Compensation Amount     423,480
PEO Name Mr. Fleming    
PEO [Member] | Wilson [Member] | Grant Date Fair Value of Equity Awards Granted During Applicable Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 2,816,047 2,362,446 3,543,080
PEO [Member] | Wilson [Member] | Year End Fair Value of Equity Awards Granted During Applicable Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 3,501,035 1,840,059 6,414,349
PEO [Member] | Wilson [Member] | Value of Awards Granted and Vested in Applicable Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount     575,510
PEO [Member] | Wilson [Member] | Change in Fair Value as of Year End of Any Prior Year Awards that Remain Unvested as of Year End [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,616,943) (993,714)  
PEO [Member] | Wilson [Member] | Change in Fair Value as of Vesting Date of Any Prior Year Awards that Vested During Applicable Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (495,431) 13,371  
PEO [Member] | Fleming [Member] | Grant Date Fair Value of Equity Awards Granted During Applicable Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount     254,079
PEO [Member] | Fleming [Member] | Year End Fair Value of Equity Awards Granted During Applicable Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount     75,660
PEO [Member] | Fleming [Member] | Value of Awards Granted and Vested in Applicable Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount     204,099
Non-PEO NEO [Member] | Change in Present Value of Pension [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount     2,962
Non-PEO NEO [Member] | Grant Date Fair Value of Equity Awards Granted During Applicable Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 814,420 668,073 467,863
Non-PEO NEO [Member] | Year End Fair Value of Equity Awards Granted During Applicable Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 701,707 520,369 1,137,057
Non-PEO NEO [Member] | Change in Fair Value as of Year End of Any Prior Year Awards that Remain Unvested as of Year End [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 33,962 (404,240) 785,776
Non-PEO NEO [Member] | Change in Fair Value as of Vesting Date of Any Prior Year Awards that Vested During Applicable Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (113,592) $ (275) $ 30,014