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Revenue & Receivables (Tables) | 9 Months Ended
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Dec. 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 the nine months ended December 31, 2024 and December 31, 2023 (in thousands):
Customer advances (contract liabilities) | December 31, 2024 | December 31, 2023
March 31, beginning balance | $ | 16,588 |  | $ | 27,003 |
Additional customer advances received | 30,905 |  | 69,188 |
Revenue recognized from customer advances included in beginning of period | (16,588) |  | (27,003) |
Other revenue recognized from customer advances | (14,989) |  | (47,055) |
Customer advances recorded from acquisitions | — |  | 3,866 |
Other (1) | (411) |  | 284 |
December 31, ending balance | $ | 15,505 |  | $ | 26,283 |
(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 three and nine months ended December 31, 2024 and December 31, 2023 (in thousands):
| Three Months Ended | Nine Months Ended
Net Sales by Product Grouping | December 31, 2024 |  | December 31, 2023 | December 31, 2024 |  | December 31, 2023
Industrial Products | $ | 77,608 |  |  | $ | 83,033 |  | $ | 242,777 |  |  | $ | 253,925 |
Crane Solutions | 98,856 |  |  | 103,775 |  | 299,057 |  |  | 303,746 |
Engineered Products | 20,648 |  |  | 22,710 |  | 62,221 |  |  | 70,895 |
Precision Conveyor Products | 36,998 |  |  | 44,588 |  | 111,967 |  |  | 119,379 |
All other | 28 |  |  | 37 |  | 116 |  |  | 91 |
Total | $ | 234,138 |  |  | $ | 254,143 |  | $ | 716,138 |  |  | $ | 748,036 |
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 as of December 31, 2024 and December 31, 2023 that is deducted from accounts receivable to present the net amount expected to be collected (in thousands):
Allowance for doubtful accounts | December 31, 2024 | December 31, 2023
March 31, beginning balance | $ | 3,827 |  | $ | 3,620 |
Bad debt expense | 3,020 |  | 2,727 |
Less uncollectible accounts written off, net of recoveries | (1,883) |  | (2,490) |
Allowance recorded from acquisitions | — |  | 64 |
Other (1) | (134) |  | 34 |
December 31, ending balance | $ | 4,830 |  | $ | 3,955 |
(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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