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Revenue Recognition (Tables)
6 Months Ended
Sep. 30, 2023
Revenue Recognition [Abstract]  
Disaggregation of Revenue The disaggregated revenue information presented in the tables below for fiscal 2023 has been recast to be comparable with the fiscal 2024 presentation.


   
Three months ended September 30, 2023
   
Three months ended September 30, 2022
 

 
Climate
Solutions
   
Performance
Technologies
   
Segment
Total
   
Climate
Solutions
   
Performance
Technologies
   
Segment
Total
 
Product groups:
                                   
Heat transfer
 
$
105.8
   
$
-
   
$
105.8
   
$
126.3
   
$
-
   
$
126.3
 
HVAC & refrigeration
    91.2       -       91.2       93.2       -       93.2  
Data center cooling
   
78.8
     
-
     
78.8
     
36.3
     
-
     
36.3
 
Air-cooled
   
-
     
173.3
     
173.3
     
-
     
169.3
     
169.3
 
Liquid-cooled
   
-
     
126.4
     
126.4
     
-
     
119.0
     
119.0
 
Advanced solutions
   
-
     
45.0
     
45.0
     
-
     
34.7
     
34.7
 
Inter-segment sales
   
-
     
7.0
     
7.0
     
0.1
     
7.0
     
7.1
 
Net sales
 
$
275.8
   
$
351.7
   
$
627.5
   
$
255.9
   
$
330.0
   
$
585.9
 
                                                 
Geographic location:
                                               
Americas
 
$
163.2
   
$
189.9
   
$
353.1
   
$
156.3
   
$
182.8
   
$
339.1
 
Europe
   
106.6
     
112.9
     
219.5
     
90.9
     
91.3
     
182.2
 
Asia
   
6.0
     
48.9
     
54.9
     
8.7
     
55.9
     
64.6
 
Net sales
 
$
275.8
   
$
351.7
   
$
627.5
   
$
255.9
   
$
330.0
   
$
585.9
 
                                                 
Timing of revenue recognition:
                                               
Products transferred at a point in time
 
$
271.1
   
$
335.2
   
$
606.3
   
$
243.0
   
$
309.8
   
$
552.8
 
Products transferred over time
   
4.7
     
16.5
     
21.2
     
12.9
     
20.2
     
33.1
 
Net sales
 
$
275.8
   
$
351.7
   
$
627.5
   
$
255.9
   
$
330.0
   
$
585.9
 

   
Six months ended September 30, 2023
   
Six months ended September 30, 2022
 

 
Climate
Solutions
   
Performance
Technologies
   
Segment
Total
   
Climate
Solutions
   
Performance
Technologies
   
Segment
Total
 
Product groups:
                                   
Heat transfer
 
$
231.7
   
$
-
   
$
231.7
   
$
261.0
   
$
-
   
$
261.0
 
HVAC & refrigeration
   
168.9
     
-
     
168.9
     
172.2
     
-
     
172.2
 
Data center cooling
   
147.0
     
-
     
147.0
     
66.8
     
-
     
66.8
 
Air-cooled
   
-
     
346.0
     
346.0
     
-
     
322.3
     
322.3
 
Liquid-cooled
   
-
     
261.1
     
261.1
     
-
     
229.9
     
229.9
 
Advanced solutions
   
-
     
88.2
     
88.2
     
-
     
67.6
     
67.6
 
Inter-segment sales
   
-
     
15.3
     
15.3
     
0.3
     
14.5
     
14.8
 
Net sales
 
$
547.6
   
$
710.6
   
$
1,258.2
   
$
500.3
   
$
634.3
   
$
1,134.6
 
                                                 
Geographic location:
                                               
Americas
 
$
304.8
   
$
374.9
   
$
679.7
   
$
295.7
   
$
347.1
   
$
642.8
 
Europe
   
230.3
     
236.4
     
466.7
     
189.9
     
187.4
     
377.3
 
Asia
   
12.5
     
99.3
     
111.8
     
14.7
     
99.8
     
114.5
 
Net sales
 
$
547.6
   
$
710.6
   
$
1,258.2
   
$
500.3
   
$
634.3
   
$
1,134.6
 
                                                 
Timing of revenue recognition:
                                               
Products transferred at a point in time
 
$
528.8
   
$
676.6
   
$
1,205.4
   
$
473.8
   
$
591.6
   
$
1,065.4
 
Products transferred over time
   
18.8
     
34.0
     
52.8
     
26.5
     
42.7
     
69.2
 
Net sales
 
$
547.6
   
$
710.6
   
$
1,258.2
   
$
500.3
   
$
634.3
   
$
1,134.6
 
Contract Assets and Contract Liabilities from Contracts with Customers
Contract assets and contract liabilities from contracts with customers were as follows:


 
September 30, 2023
   
March 31, 2023
 
Contract assets
 
$
18.2
   
$
19.3
 
Contract liabilities
   
52.5
     
21.5