XML 84 R58.htm IDEA: XBRL DOCUMENT v3.25.1
Acquisitions & Disposals - Narrative (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended 22 Months Ended
Feb. 10, 2025
USD ($)
$ / shares
Jun. 01, 2023
USD ($)
May 31, 2023
USD ($)
Feb. 28, 2025
USD ($)
employee
country
Mar. 31, 2025
USD ($)
factory
Mar. 31, 2025
USD ($)
Mar. 31, 2024
USD ($)
Mar. 31, 2023
USD ($)
Mar. 31, 2025
USD ($)
Business Acquisition [Line Items]                  
Payments to acquire businesses, net of cash acquired           $ 0 $ 108,145 $ 1,616  
Payment to former owners of montratec (see Note 3)           6,711 0 0  
Total debt         $ 458,708 458,708 517,299   $ 458,708
Goodwill         $ 710,807 710,807 710,334 644,629 710,807
Impairment of operating lease           3,911 0 $ 0  
Number of factories relocated | factory         1        
Charlotte Manufacturing Operations                  
Business Acquisition [Line Items]                  
Fixed asset impairment           3,567      
Impairment of operating lease           3,268      
Severance costs           1,093      
Charlotte Manufacturing Operations | Cost of Sales [Member]                  
Business Acquisition [Line Items]                  
Restructuring costs and asset impairment charges           7,855      
Charlotte Manufacturing Operations | Selling and Marketing Expense [Member]                  
Business Acquisition [Line Items]                  
Restructuring costs and asset impairment charges           22      
Charlotte Manufacturing Operations | General and Administrative Expense                  
Business Acquisition [Line Items]                  
Restructuring costs and asset impairment charges           51      
Precision Conveyance                  
Business Acquisition [Line Items]                  
Fixed asset impairment           2,115      
Impairment of operating lease           643      
Severance costs           1,069      
Restructuring reserve         $ 544 544     544
Precision Conveyance | Cost of Sales [Member]                  
Business Acquisition [Line Items]                  
Restructuring costs and asset impairment charges           3,534      
Precision Conveyance | Selling and Marketing Expense [Member]                  
Business Acquisition [Line Items]                  
Restructuring costs and asset impairment charges           213      
Precision Conveyance | General and Administrative Expense                  
Business Acquisition [Line Items]                  
Restructuring costs and asset impairment charges           624      
Line of Credit | Revolving Credit Facility                  
Business Acquisition [Line Items]                  
Debt instrument, face amount $ 500,000                
Clayton, Dubliner & Rice | Columbus McKinnon                  
Business Acquisition [Line Items]                  
Ownership interest percent 43.00%                
Kito Crosby                  
Business Acquisition [Line Items]                  
Number of employees | employee       4,000          
Number of countries entity operates | country       50          
Revenues             1,100,000    
Amended and Restated Revolving Credit                  
Business Acquisition [Line Items]                  
Proceeds from (repayments of) debt     $ 117,000           120,000
Term Loan B                  
Business Acquisition [Line Items]                  
Debt instrument, increase (decrease), other, net   $ 75,000              
AR Securitization                  
Business Acquisition [Line Items]                  
Total debt     45,000   $ 25,000 25,000 45,000   $ 25,000
JP Morgan Debt Agreement | Loans Payable                  
Business Acquisition [Line Items]                  
Debt instrument, face amount $ 3,050,000                
Perpetual Convertible Voting Preferred Equity Instrument | Convertible Debt                  
Business Acquisition [Line Items]                  
Debt instrument, face amount $ 800,000                
Stated interest rate percentage 7.00%                
Debt instrument, conversion price (in dollars per share) | $ / shares $ 37.68                
Montratec                  
Business Acquisition [Line Items]                  
Payments to acquire businesses, net of cash acquired     115,721            
Cash acquired from acquisition     7,576            
Working capital settlement     540            
Contingent liability     6,680            
Acquisition costs, period cost             $ 3,211    
Goodwill     $ 66,566            
Estimated useful life     14 years            
Business acquisition, goodwill, expected tax deductible amount     $ 7,531            
Montratec | Customer relationships                  
Business Acquisition [Line Items]                  
Finite-lived intangible assets acquired     33,470            
Montratec | Trademark                  
Business Acquisition [Line Items]                  
Finite-lived intangible assets acquired     2,915            
Montratec | Patents                  
Business Acquisition [Line Items]                  
Finite-lived intangible assets acquired     $ 16,196            
Kito Crosby                  
Business Acquisition [Line Items]                  
Expected price of acquisition       $ 2,700,000          
Business combination, acquisition related costs           $ 10,310