Segment and Geographic Information (Tables)

12 Months Ended

Mar. 31, 2016

Segment and Geographic Information [Abstract]

Net sales, gross profit, operating income and total assets by segment

The following is a summary of net sales, gross profit, and operating income by segment:

	Years ended March 31,
Net sales:	2016			2015			2014
Americas	$	585.5		$	666.9		$	688.3
Europe		524.1			578.2			584.4
Asia		79.0			81.2			71.5
Building HVAC		181.4			186.3			146.5
Segment total		1,370.0			1,512.6			1,490.7
Corporate and eliminations		(17.5	)		(16.2	)		(13.1	)
Net sales	$	1,352.5		$	1,496.4		$	1,477.6

	Years ended March 31,
	2016						2015					2014
Gross profit:	$'s			% of sales			$'s		% of sales			$'s		% of sales
Americas	$	100.1			17.1	%	$	109.1		16.3	%	$	114.3		16.6	%
Europe		68.1			13.0	%		68.7		11.9	%		70.8		12.1	%
Asia		12.2			15.5	%		11.5		14.2	%		8.9		12.5	%
Building HVAC		54.2			29.9	%		55.9		30.0	%		43.4		29.6	%
Segment total		234.6			17.1	%		245.2		16.2	%		237.4		15.9	%
Corporate and eliminations (a)		(11.1	)		-			1.3		-			0.8		-
Gross profit	$	223.5			16.5	%	$	246.5		16.5	%	$	238.2		16.1	%

	Years ended March 31,
Operating income:	2016			2015			2014
Americas	$	36.2		$	33.4		$	49.6
Europe		13.3			25.7			9.6
Asia		0.8			0.3			(3.3	)
Building HVAC		13.9			19.1			9.4
Segment total		64.2			78.5			65.3
Corporate and eliminations (a)		(71.7	)		(25.8	)		(28.1	)
Operating (loss) income	$	(7.5	)	$	52.7		$	37.2

(a) During fiscal 2016, the Company recorded pension settlement losses of $42.1 million at Corporate, within SG&A expenses ($33.3 million) and cost of sales ($8.8 million).  See Note 17 for additional information.

The following is a summary of total assets by segment:

	March 31,
	2016		2015
Americas	$	267.2	$	277.7
Europe		301.9		282.7
Asia		104.0		92.2
Building HVAC (a)		99.0		131.3
Corporate and eliminations		148.8		147.0
Total assets	$	920.9	$	930.9

(a) As of March 31, 2015, total assets within the Building HVAC segment included $48.0 million of insurance-related assets for the rebuild of the facility damaged by the Airedale fire.  See Note 2 for additional information.

Summary of capital expenditures and depreciation and amortization expense by segment

The following is a summary of capital expenditures and depreciation and amortization expense by segment:

	Years ended March 31,
Capital expenditures:	2016		2015		2014
Americas	$	26.7	$	30.2	$	24.6
Europe		24.8		21.5		22.9
Asia		6.2		3.8		4.6
Building HVAC		5.1		2.8		1.0
Total capital expenditures	$	62.8	$	58.3	$	53.1

	Years ended March 31,
Depreciation and amortization expense:	2016		2015		2014
Americas	$	22.1	$	21.3	$	22.6
Europe		18.0		19.8		26.6
Asia		6.5		7.2		6.7
Building HVAC		3.6		3.3		2.2
Total depreciation and amortization expense	$	50.2	$	51.6	$	58.1

Summary of net sales and long-lived assets by geographical area

The following is a summary of net sales by geographical area, based upon the location of the selling unit:

	Years ended March 31,
	2016		2015		2014
United States	$	627.6	$	669.3	$	645.7
Germany		155.3		193.8		229.5
Hungary		145.9		161.0		150.3
Austria		113.1		118.7		109.8
Other		310.6		353.6		342.3
Net sales	$	1,352.5	$	1,496.4	$	1,477.6

Summary of property, plant and equipment by geographical area

The following is a summary of property, plant and equipment by geographical area:

	March 31,
	2016		2015
United States	$	92.5	$	92.7
Austria		44.2		41.5
China		33.6		31.8
Germany		32.1		47.2
Hungary		31.4		28.9
Other		104.8		80.0
Total property, plant and equipment	$	338.6	$	322.1

Summary of net sales by end market

The following is a summary of net sales by end market:

	Years ended March 31,
	2016		2015		2014
Commercial vehicle	$	459.8	$	512.5	$	477.0
Automotive		396.8		401.8		395.6
Off-highway		206.2		274.6		320.8
Building HVAC		181.4		186.3		146.5
Other		108.3		121.2		137.7
Net sales	$	1,352.5	$	1,496.4	$	1,477.6