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Segment Information (Tables)
 3 Months Ended
Jun. 30, 2025
Segment Information [Abstract]  
Financial Information Relating to Segments
Financial information relating to the Company’s segments is as follows:
 
 Three Months Ended  
 June 30, 
  2025   2024 
        
Net sales to external customers for Hard Parts reportable segment
$174,889,000  $158,187,000 
Intersegment sales for Hard Parts reportable segment
 258,000   32,000 
Total net sales for Hard Parts reportable segment
 175,147,000   158,219,000 
        
Reconciliation of net sales
       
Other net sales (1)
 13,475,000   11,700,000 
Elimination of intersegment net sales
 (258,000)   (32,000) 
Total consolidated net sales
$188,364,000  $169,887,000 
        
Less (2):
       
Material, labor, and overhead expenses
 113,895,000   109,217,000 
Logistic expenses (3)
 30,665,000   22,778,000 
Revaluation of cores on customers' shelves
 1,026,000   394,000 
Foreign exchange impact of lease liabilities and forward contracts
 (8,348,000)   11,078,000 
Other segment items (4)
 19,477,000   21,211,000 
Total operating income (loss) for Hard Parts reportable segment
$18,432,000  $(6,459,000) 
        
Reconciliation of profit (loss)
       
Other operating income (loss) (1)
 1,633,000   (6,000) 
Elimination of intersegment operating income
 4,000   9,000 
Interest expense, net
 (12,812,000)   (14,387,000) 
Change in fair value of compound net derivative liability
 (1,790,000)   2,580,000 
Total consolidated income (loss) before income tax expense (benefit)
$5,467,000  $(18,263,000) 
        
Reconciliations of other significant items and assets:
       
        
Depreciation and amortization
       
Depreciation and amortization for Hard Parts reportable segment (5)
$2,232,000  $2,525,000 
Other depreciation and amortization (1)
 217,000   204,000 
Total consolidated depreciation and amortization
$2,449,000  $2,729,000 
        
Capital Expenditures
       
Captial expenditures for Hard Parts reportable segment
$394,000  $253,000 
Other capital expenditures (1)
 413,000   237,000 
Total consolidated capital expenditures
$807,000  $490,000 
        
        
Assets
 June 30, 2025   March 31, 2025 
Total assets for Hard Parts reportable segment
$981,161,000  $967,178,000 
Other assets (1)
 60,688,000   58,355,000 
Elimination of intersegment assets
 (68,499,000)   (67,897,000) 
Total consolidated assets
$973,350,000  $957,636,000 
 
(1)
Net sales, operating income (loss), depreciation and amortization, capital expenditures, and assets from segments below the quantitative threshold are attributable to the Company’s Test Solutions and Diagnostic Equipment and the Heavy Duty operating segments. Neither of these two operating segments has ever met any of the quantitative thresholds for determining reportable segments.
(2)
The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM for the Company’s Hard Parts reportable segment. Intersegment expenses are included within the amounts shown.
(3)
Logistic expenses include freight, tariffs, and customs duties.
(4)
Other segment items include general and administrative expenses, sales and marketing expenses, and research and development expenses.
(5)
Depreciation and amortization for the Company’s Hard Parts reportable segment are included within material, labor, and overhead expenses and other segment items.