Goodwill and Intangible Assets (Tables)

3 Months Ended

Jun. 30, 2017

Goodwill and Intangible Assets [Abstract]

Changes in the carrying amount of goodwill

Changes in the carrying amount of goodwill were as follows:

	Asia		Building HVAC		CIS		Total
Goodwill, March 31, 2017	$	0.5	$	13.7	$	150.9	$	165.1
Acquisition (a)		-		-		1.3		1.3
Effect of exchange rate changes		-		0.4		2.6		3.0
Goodwill, June 30, 2017	$	0.5	$	14.1	$	154.8	$	169.4

(a) During the first quarter of fiscal 2018, the Company recorded a $1.3 million increase to goodwill as a result of measurement period adjustments made in connection with purchase accounting for the acquisition of Luvata HTS.  See Note 2 for additional information.

Schedule of intangible assets

Intangible assets consisted of the following:

	June 30, 2017							March 31, 2017
	Gross Carrying Value		Accumulated Amortization			Net Intangible Assets		Gross Carrying Value		Accumulated Amortization			Net Intangible Assets
Customer relationships	$	62.3	$	(2.8	)	$	59.5	$	60.5	$	(1.7	)	$	58.8
Trade names		59.4		(8.1	)		51.3		58.4		(7.2	)		51.2
Acquired technology		27.8		(3.6	)		24.2		27.0		(2.9	)		24.1
Total intangible assets	$	149.5	$	(14.5	)	$	135.0	$	145.9	$	(11.8	)	$	134.1

Estimated future amortization expense

Estimated future amortization expense is as follows:

Fiscal Year	Estimated Amortization Expense
Remainder of 2018	$	7.2
2019		9.5
2020		9.4
2021		8.8
2022		7.6
2023 & Beyond		92.5