Acquisitions (Tables)

4 Months Ended

12 Months Ended

Mar. 31, 2022

Mar. 31, 2022

Mar. 31, 2022

Business Acquisition [Line Items]

Schedule of Business Acquisitions, by Acquisition

The preliminary assignment of purchase consideration to the assets acquired and liabilities assumed is as follows (in thousands):        

Cash	$	907
Working Capital	1,709
Property, plant, and equipment, net	3,072
Intangible assets	21,350
Other assets	1,382
Other liabilities	(1,905)
Goodwill	41,216
Total	$	67,731

The assignment of purchase consideration to the assets acquired and liabilities assumed is as follows (in thousands):

Cash	$	8,058
Working Capital	20,218
Property, plant, and equipment, net	26,104
Intangible assets	190,000
Other assets	658
Other liabilities	(896)
Finance lease liabilities	(14,582)
Deferred and other taxes, net	(35,689)
Goodwill	287,141
Total	$	481,012

Business Acquisition, Pro Forma Information

The pro forma amounts may not be indicative of the results that actually would have been achieved had the acquisition of Dorner occurred as of April 1, 2020 and are not necessarily indicative of future results of the combined companies (in thousands):

	March 31,
	2022		2021
Net sales	$	906,555	$	762,955
Net income (loss)	$	29,660	$	(9,743)