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Earnings Per Share
 6 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share (in thousands):
 Three Months Ended
Six Months Ended
 September 30, 2025September 30, 2024September 30, 2025September 30, 2024
Numerator for basic and diluted earnings per share:
Net income (loss)$4,595 $(15,043)$2,697 $(6,414)
Denominators: 
Weighted-average common stock outstanding – denominator for basic EPS28,726 28,869 28,692 28,852 
Effect of dilutive employee stock options and other share-based awards148 — 149 — 
Adjusted weighted-average common stock outstanding and assumed conversions – denominator for diluted EPS28,874 28,869 28,841 28,852 

Stock options with respect to 1,621,000 and 1,569,000 common shares for the three and six months ended September 30, 2025, respectively were not included in the computation of diluted income per share because they were antidilutive. Stock options, restricted stock units, and performance shares with respect to 1,790,000 common shares for the three and six months ended September 30, 2024 were not included in the computation of diluted income per share because they were antidilutive as a result of the Company's net loss. Further, contingently issuable common shares of 381,000 for the three and six months ended September 30, 2025 were excluded because a performance condition had not yet been met.

The Company grants share based compensation to eligible participants under the Columbus McKinnon Corporation Second Amended and Restated 2016 Long Term Incentive Plan ("2016 LTIP"). The total number of shares of common stock with respect to which awards may be granted under the 2016 LTIP were increased by 2,500,000 as a result of the June 2019 amendment and restatement. In July of fiscal 2025, the 2016 LTIP was amended and restated a second time, which increased the total number of shares of common stock that may be granted under the 2016 LTIP by an additional 2,800,000 shares.

During the first six months of fiscal 2026, there were no shares of stock issued upon the exercise of stock options that were issued under the Company’s 2016 LTIP. During the fiscal year ended March 31, 2025, 128,000 shares of restricted stock units vested and were issued.

On October 20, 2025, the Company's Board of Directors declared a dividend of $0.07 per common share. The dividend will be paid on November 17, 2025 to shareholders of record on November 7, 2025. The dividend payment is expected to be approximately $2,015,000.

Refer to the Company’s consolidated financial statements included in the 2025 Form 10-K for further information on its earnings per share and stock plans.