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Revenue & Receivables (Tables) | 12 Months Ended
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Mar. 31, 2024
Revenue from Contract with Customer [Abstract] |
Schedule of Balance and Related Activity for Customer Advances | The following table illustrates the balance and related activity for customer advances in fiscal 2024 and 2023 (in thousands):
Customer advances (contract liabilities)
| March 31,
| 2024 |  | 2023
Beginning balance | $ | 27,003 |  |  | $ | 22,453 |
Additional customer advances received | 68,040 |  |  | 67,721 |
Revenue recognized from customer advances included in the beginning balance | (27,003) |  |  | (22,453) |
Other revenue recognized from customer advances | (55,311) |  |  | (40,444) |
Customer advances recorded from acquisition | 3,866 |  |  | — |
Other (1) | (7) |  |  | (274) |
Ending balance | $ | 16,588 |  |  | $ | 27,003 |
(1) Other includes the impact of foreign currency translation
Schedule of Disaggregation of Revenue | The following table illustrates the disaggregation of revenue by product grouping for the years ending March 31, 2024, 2023 and 2022 (in thousands):
| Year Ended March 31,
Net Sales by Product Grouping | 2024 | 2023 | 2022 |  |
Industrial Products | $ | 344,190 |  | $ | 330,295 |  | $ | 334,866 |  |  |
Crane Solutions | 412,076 |  | 366,277 |  | 339,400 |  |  |
Precision Conveyors Products | 163,463 |  | 149,586 |  | 144,587 |  |  |
Engineered Products | 93,728 |  | 89,963 |  | 87,604 |  |  |
All other | 83 |  | 119 |  | 98 |  |  |
Total | $ | 1,013,540 |  | $ | 936,240 |  | $ | 906,555 |  |  |
Schedule of Balance and Related Activity for Allowance for Doubtful Accounts | 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 year ending March 31, 2024 and March 31, 2023 (in thousands):
|  | March 31,
Allowance for doubtful accounts |  | 2024 |  | 2023
April 1, beginning balance |  | $ | 3,620 |  |  | $ | 5,717 |
Bad debt expense |  | 1,225 |  |  | 1,055 |
Less uncollectible accounts written off, net of recoveries |  | (1,079) |  |  | (3,056) |
Allowance recorded from acquisition |  | 64 |  |  | — |
Other (1) |  | (3) |  |  | (96) |
March 31, ending balance |  | $ | 3,827 |  |  | $ | 3,620 |
(1) Other includes the impact of foreign currency translation

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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 -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-13 + Details
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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 + 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 -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
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