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Goodwill and Intangible Assets (Tables)
9 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets [Abstract]  
Changes in Carrying Amount of Goodwill
The following table presents a roll forward of the carrying value of goodwill from March 31, 2023 to December 31, 2023.

   
Climate
Solutions
   
Performance
Technologies
   
Total
 
Goodwill, March 31, 2023
 
$
105.7
   
$
59.9
   
$
165.6
 
Acquisition (disposition) (a)
   
1.0
     
(0.7
)
   
0.3
 
Effect of exchange rate changes
   
0.7
   
0.1
   
0.8
Goodwill, December 31, 2023
 
$
107.4
   
$
59.3
   
$
166.7
 



(a) During the second quarter of fiscal 2024, the Company recorded $1.0 million of goodwill in connection with its acquisition of Napps. In addition, the Company wrote-off $0.7 million of goodwill in connection with the sale of two coatings facilities. See Note 2 for additional information.
Intangible Assets
Intangible assets consisted of the following:

 
December 31, 2023
   
March 31, 2023
 
    Gross           Net     Gross           Net  
    Carrying     Accumulated
    Intangible
    Carrying
    Accumulated
    Intangible
 
   
Value
   
Amortization
   
Assets
   
Value
   
Amortization
   
Assets
 
Customer relationships
 
$
63.3
   
$
(26.4
)
 
$
36.9
   
$
60.3
   
$
(23.4
)
 
$
36.9
 
Trade names
   
50.3
     
(17.8
)
   
32.5
     
50.1
     
(15.9
)
   
34.2
 
Acquired technology
   
23.2
     
(14.2
)
   
9.0
     
22.6
     
(12.6
)
   
10.0
 
Total intangible assets
 
$
136.8
   
$
(58.4
)
 
$
78.4
   
$
133.0
   
$
(51.9
)
 
$
81.1