Business Combinations Business Combinations (Tables)

12 Months Ended

Mar. 31, 2020

Business Combinations [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The initial allocation of the purchase price was based on preliminary valuations and assumptions and is subject to change within the 12-month measurement period following the date of acquisition. The following table summarizes the preliminary purchase price allocation of the assets acquired and liabilities assumed on January 1, 2020.

Assets
Cash and cash equivalents	$	1,298
Accounts receivable	7,707
Inventory	23,793
Other current assets	310
Property, plant and equipment	23,400
Intangibles:
Customer relationships	9,500
Developed technology	4,800
Trade names	3,300
Noncompetition agreements	1,000
Goodwill	28,863
Total assets acquired	103,971
Liabilities
Current liabilities	8,262
Deferred income taxes	9,004
Total liabilities assumed	17,266
Total assets acquired and liabilities assumed	$	86,705