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Business Segment Information (Tables)
12 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Financial information relating to the Company’s operations by geographic area is as follows:
 Year Ended March 31,
 202220212020
Net sales:   
United States$548,620 $348,986 $450,242 
Germany188,134 164,380 175,492 
Europe, Middle East, and Africa (Excluding Germany)108,678 90,415 121,600 
Canada16,719 15,443 21,984 
Asia Pacific17,680 13,829 14,193 
Latin America26,724 16,589 25,651 
Total$906,555 $649,642 $809,162 

Note: Net sales to external customers are attributed to geographic areas based upon the location from which the product was shipped from the Company to the customer.
 Year Ended March 31,
 202220212020
Total assets:   
United States$1,105,956 $540,184 $518,914 
Germany422,671 435,638 438,210 
Europe, Middle East, and Africa (Excluding Germany)85,678 125,262 86,638 
Canada15,651 8,647 9,979 
Asia Pacific18,575 19,326 20,314 
Latin America37,176 21,375 19,217 
Total$1,685,707 $1,150,432 $1,093,272 

 Year Ended March 31,
 202220212020
Long-lived assets:   
United States$811,276 $269,061 $272,816 
Germany312,288 336,606 327,420 
Europe, Middle East, and Africa (Excluding Germany)7,416 8,359 9,561 
Canada1,446 1,395 1,192 
Asia Pacific2,574 2,235 4,928 
Latin America2,563 1,635 1,197 
Total$1,137,563 $619,291 $617,114 

Note: Long-lived assets include net property, plant, and equipment, goodwill, and other intangibles, net.

Sales by major product group are as follows:Year Ended March 31,
 202220212020
Hoists$432,524 $394,682 $492,126 
High Precision Conveyors144,587 — — 
Chain and rigging tools83,461 47,557 68,666 
Industrial cranes43,482 37,025 44,149 
Actuators and rotary unions84,999 75,458 77,957 
Digital power control and delivery systems98,445 74,943 100,658 
Elevator application drive systems19,057 19,977 25,606 
Total$906,555 $649,642 $809,162