Business Segment Information

12 Months Ended

Mar. 31, 2018

Segment Reporting [Abstract]

Business Segment Reporting

Business Segment Information

ASC Topic 280, “Segment Reporting,” establishes the standards for reporting information about operating segments in financial statements. The Company has one operating and reportable segment for both internal and external reporting purposes.

Financial information relating to the Company’s operations by geographic area is as follows:

	Year Ended March 31,
	2018		2017		2016
Net sales:
United States	$	455,483	$	408,911	$	382,923
Europe	316,694		169,074		151,702
Canada	20,672		19,718		20,750
Asia Pacific	19,082		13,857		14,310
Latin America	27,488		25,563		27,418
Total	$	839,419	$	637,123	$	597,103

Note: Net sales to external customers are attributed to geographic areas based upon the location from which the product was shipped from the Company to the customer.

	Year Ended March 31,
	2018		2017		2016
Total assets:
United States	$	477,712	$	474,440	$	519,168
Europe	613,842		581,981		199,385
Canada	7,469		9,825		9,665
Asia Pacific	23,630		23,260		21,481
Latin America	19,793		24,337		23,152
Total	$	1,142,446	$	1,113,843	$	772,851

	Year Ended March 31,
	2018		2017		2016
Long-lived assets:
United States	$	293,576	$	301,715	$	308,504
Europe	421,183		377,285		78,831
Canada	1,172		1,156		1,129
Asia Pacific	6,847		6,853		7,683
Latin America	1,499		1,501		1,488
Total	$	724,277	$	688,510	$	397,635

Note: Long-lived assets include net property, plant, and equipment, goodwill, and other intangibles, net.

Sales by major product group are as follows:	Year Ended March 31,
	2018		2017		2016
Hoists	$	532,925	$	357,447	$	351,965
Chain and rigging tools	79,884		71,832		75,432
Industrial cranes	35,071		29,151		30,526
Actuators and rotary unions	71,525		67,468		63,923
Digital power control and delivery systems	84,565		78,660		50,361
Elevator application drive systems	24,423		21,998		14,554
Other	11,026		10,567		10,342
Total	$	839,419	$	637,123	$	597,103