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Revenue Recognition (Tables)
6 Months Ended
Sep. 30, 2022
Revenue Recognition [Abstract]  
Disaggregation of Revenue
The table below presents revenue for each of the Company’s operating segments.  Each segment’s revenue is disaggregated by product group, by geographic location and based upon the timing of revenue recognition.  The disaggregated revenue information presented in the table below for fiscal 2022 has been recast to be comparable with the fiscal 2023 presentation.

   
Three months ended September 30, 2022
   
Three months ended September 30, 2021
 

 
Climate
Solutions
   
Performance
Technologies
   
Segment
Total
   
Climate
Solutions
   
Performance
Technologies
   
Segment
Total
 
Product groups:
                                   
Heat transfer
 
$
134.9
   
$
-
   
$
134.9
   
$
119.2
   
$
-
   
$
119.2
 
HVAC & refrigeration
    89.6       -       89.6       80.5       -       80.5  
Data center cooling
   
31.3
     
-
     
31.3
     
17.3
     
-
     
17.3
 
Air-cooled
   
-
     
169.3
     
169.3
     
-
     
136.2
     
136.2
 
Liquid-cooled
   
-
     
119.0
     
119.0
     
-
     
97.1
     
97.1
 
Advanced solutions
   
-
     
34.7
     
34.7
     
-
     
28.6
     
28.6
 
Inter-segment sales
   
0.1
     
7.0
     
7.1
     
0.2
     
8.9
     
9.1
 
Net sales
 
$
255.9
   
$
330.0
   
$
585.9
   
$
217.2
   
$
270.8
   
$
488.0
 
                                                 
Geographic location:
                                               
Americas
 
$
156.3
   
$
182.8
   
$
339.1
   
$
117.9
   
$
144.5
   
$
262.4
 
Europe
   
90.9
     
91.3
     
182.2
     
89.8
     
80.3
     
170.1
 
Asia
   
8.7
     
55.9
     
64.6
     
9.5
     
46.0
     
55.5
 
Net sales
 
$
255.9
   
$
330.0
   
$
585.9
   
$
217.2
   
$
270.8
   
$
488.0
 
                                                 
Timing of revenue recognition:
                                               
Products transferred at a point in time
 
$
243.0
   
$
309.8
   
$
552.8
   
$
213.9
   
$
250.5
   
$
464.4
 
Products transferred over time
   
12.9
     
20.2
     
33.1
     
3.3
     
20.3
     
23.6
 
Net sales
 
$
255.9
   
$
330.0
   
$
585.9
   
$
217.2
   
$
270.8
   
$
488.0
 

   
Six months ended September 30, 2022
   
Six months ended September 30, 2021
 

 
Climate
Solutions
   
Performance
Technologies
   
Segment
Total
   
Climate
Solutions
   
Performance
Technologies
   
Segment
Total
 
Product groups:
                                   
Heat transfer
 
$
275.4
   
$
-
   
$
275.4
   
$
236.9
   
$
-
   
$
236.9
 
HVAC & refrigeration
   
167.8
     
-
     
167.8
     
151.1
     
-
     
151.1
 
Data center cooling
   
56.8
     
-
     
56.8
     
35.5
     
-
     
35.5
 
Air-cooled
   
-
     
322.3
     
322.3
     
-
     
277.7
     
277.7
 
Liquid-cooled
   
-
     
229.9
     
229.9
     
-
     
215.8
     
215.8
 
Advanced solutions
   
-
     
67.6
     
67.6
     
-
     
56.5
     
56.5
 
Inter-segment sales
   
0.3
     
14.5
     
14.8
     
0.2
     
17.9
     
18.1
 
Net sales
 
$
500.3
   
$
634.3
   
$
1,134.6
   
$
423.7
   
$
567.9
   
$
991.6
 
                                                 
Geographic location:
                                               
Americas
 
$
295.7
   
$
347.1
   
$
642.8
   
$
221.9
   
$
282.8
   
$
504.7
 
Europe
   
189.9
     
187.4
     
377.3
     
185.8
     
184.7
     
370.5
 
Asia
   
14.7
     
99.8
     
114.5
     
16.0
     
100.4
     
116.4
 
Net sales
 
$
500.3
   
$
634.3
   
$
1,134.6
   
$
423.7
   
$
567.9
   
$
991.6
 
                                                 
Timing of revenue recognition:
                                               
Products transferred at a point in time
 
$
473.8
   
$
591.6
   
$
1,065.4
   
$
417.3
   
$
528.1
   
$
945.4
 
Products transferred over time
   
26.5
     
42.7
     
69.2
     
6.4
     
39.8
     
46.2
 
Net sales
 
$
500.3
   
$
634.3
   
$
1,134.6
   
$
423.7
   
$
567.9
   
$
991.6
 
Contract Assets and Contract Liabilities from Contracts with Customers
Contract assets and contract liabilities from contracts with customers were as follows:

 
September 30, 2022
   
March 31, 2022
 
Contract assets
 
$
25.1
   
$
26.8
 
Contract liabilities
   
14.6
     
11.8