XML 96 R83.htm IDEA: XBRL DOCUMENT v3.19.1
Earnings Per Share and Stock Plans (Narrative) (Details) - USD ($)
12 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized $ 2,051,000      
Voting common stock: shares issued 23,391,101 23,045,479    
Common Stock, Value, Issued $ 234,000 $ 230,000    
Sale of Stock, Price Per Share     $ 22.00  
Common shares not included in the computation of diluted loss per share because they were antidilutive 128,000 340,000    
Proceeds from issuance of common stock $ 4,152,000 $ 6,332,000 $ 50,439,000  
Dividend distribution declared per preferred share purchase right $ 1,405,000      
Quarterly dividend rate per share $ 0.06      
Annual dividend rate per share $ 0.24      
Stock-based compensation $ 6,198,000 $ 5,586,000 $ 5,914,000  
Stock Repurchase Program, Authorized Amount 20      
Payments for Repurchase of Common Stock $ 0      
ESOP Debt Guarantee        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number 342,921      
Weighted- average Exercise Price per share $ 20.71      
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number 834,777 922,450 1,063,894 718,801
Weighted-average Exercise Price $ 23.52 $ 21.04 $ 19.10 $ 20.13
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term 7 years 14 days 7 years 6 months 21 days 6 years 11 months 23 days 6 years 7 months 20 days
Performance Shares        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value $ 22.40 $ 24.94 $ 27.12  
Common shares not included in the computation of diluted loss per share because they were antidilutive 153,000 127,000    
Period options generally become exercisable 3 years      
Shares of restricted stock that vested during the period     25,148  
Grant date fair value of shares that vested     $ 26.79  
Weighted average fair value grant price $ 23.11 $ 19.42 18.92 $ 26.15
Long Term Incentive Plans [Member]        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value $ 25.18 $ 17.99 $ 22.81  
Shares of restricted stock that vested during the period 211,932 157,448 162,502  
Grant date fair value of shares that vested $ 22.66 $ 20.39 $ 19.93  
Weighted average fair value grant price $ 30.22 $ 22.62 $ 19.32 $ 20.26
Long Term Incentive Plan        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Total number of shares of common stock which may be granted under the plan 2,000,000      
Long Term Incentive Plan | ESOP Debt Guarantee        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Shares available for future grants 526,213      
Number of options at the money 706,752      
Closing stock price $ 34.35      
Total intrinsic value of stock options exercised 3,577,000 $ 5,851,000 $ 252,000  
Fair value of shares that vested (price per share) 7.36 $ 7.42 $ 8.56  
Unrecognized compensation cost related to non-vested stock options $ 2,727,000      
Weighted average period of recognition for unrecognized compensation cost 2 years 6 months 12 days      
Weighted-average fair value of options $ 13.56 $ 7.66 $ 5.59  
Long Term Incentive Plan | ESOP Debt Guarantee | ESOP Debt Guarantee        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Number of options at the money 341,420      
Long Term Incentive Plan | ESOP Debt Guarantee | Minimum        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Share Based Compensation Percent Of Shares Available To Exercise At Year One $ 0.25      
Exercise period from the date options were granted 1 year      
Weighted-average Exercise Price $ 13.27      
Long Term Incentive Plan | ESOP Debt Guarantee | Maximum        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Share Based Compensation Percent Of Shares Available To Exercise At Year One $ 1      
Exercise period from the date options were granted 10 years      
Weighted-average Exercise Price $ 38.70      
Long Term Incentive Plan | Restricted Stock        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Weighted average period of recognition for unrecognized compensation cost 2 years 7 months      
Total unrecognized compensation cost related to unvested restricted stock units $ 4,564,000      
Fair value of restricted stock units that vested during the period 4,802,000 $ 3,210,000    
Long Term Incentive Plan | Directors Stock Plan        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Stock based compensation expense $ 430,000 $ 430,000 $ 430,000  
Shares of stock granted under the LTIP to non-executive directors 10,031 16,667 27,960  
Weighted average fair value grant price $ 41.88 $ 25.80 $ 15.74  
Long Term Incentive Plan | Cost of Goods Sold, Selling, and General and Administrative        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Stock based compensation expense $ 6,198,000 $ 5,586,000 $ 5,914,000  
Stock Incentive Plan of Magnetek [Member] | ESOP Debt Guarantee        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Shares available for future grants 164,461      
Non Qualified Stock Option Plan | ESOP Debt Guarantee        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Period options generally become exercisable 4 years      
Shareholders Right Plan | Directors Stock Plan        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Vesting percentage 20.00%      
STAHL [Member]        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Voting common stock: shares issued     2,273,000  
Common Stock, Value, Issued     $ 50,000,000  
$30.01 to 40.00 [Member] | ESOP Debt Guarantee        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number 1,501      
Weighted- average Exercise Price per share $ 38.70      
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number 128,025      
Weighted-average Exercise Price $ 38.70      
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term 9 years 14 days