Segments (Tables)

6 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Schedule of Selected Financial Information for Each Reportable Segment and Reconciliation of EBITDAP to Operating Income

Selected financial information for each reportable segment is as follows:

	Three Months Ended September 30, 2020
	Total			Corporate & Eliminations			Systems & Support			Aerospace Structures
Net sales to external customers	$	481,815		$	—		$	253,637		$	228,178
Intersegment sales (eliminated in consolidation)		—			(1,134	)		534			600
Segment profit and reconciliation to consolidated income before income taxes:
Adjusted EBITDAP		31,208			—			34,169			(2,961	)
Reconciliation of segment profit to income (loss) before income taxes
Depreciation and amortization		(22,098	)		(807	)		(8,121	)		(13,170	)
Interest expense and other, net		(52,506	)
Corporate expenses		(15,483	)
Share-based compensation expense		(2,621	)
Loss on sale of assets and businesses		(747	)
Amortization of acquired contract liabilities		17,163
Non-service defined benefit income		12,427
Income before income taxes		(32,657	)
Total capital expenditures	$	5,081		$	232		$	3,228		$	1,621
Total assets	$	2,533,425		$	537,236		$	1,410,292		$	585,897

	Three Months Ended September 30, 2019 (1)
	Total			Corporate & Eliminations			Systems & Support			Aerospace Structures
Net sales to external customers	$	772,110		$	—		$	351,409		$	420,701
Intersegment sales (eliminated in consolidation)		—			(3,441	)		1,563			1,878
Segment profit and reconciliation to consolidated income before income taxes:
Adjusted EBITDAP		78,246			—			60,795			17,451
Reconciliation of segment profit to income (loss) before income taxes
Depreciation and amortization		(30,219	)		(852	)		(8,082	)		(21,285	)
Interest expense and other, net		(35,400	)
Corporate expenses		(14,436	)
Share-based compensation expense		(2,864	)
Gain on sale of assets and businesses		7,965
Amortization of acquired contract liabilities		22,616
Non-service defined benefit income		27,824
Union represented employee incentives		(5,671	)
Legal judgment gain, net		5,400
Income before income taxes		53,461
Total capital expenditures	$	8,905		$	331		$	4,542		$	4,032

	Six Months Ended September 30, 2020
	Total			Corporate & Eliminations			Systems & Support			Aerospace Structures
Net sales to external customers	$	976,892		$	—		$	491,652		$	485,240
Intersegment sales (eliminated in consolidation)		—			(3,821	)		2,406			1,415
Segment profit and reconciliation to consolidated income before income taxes:
Adjusted EBITDAP		69,660			—			64,237			5,423
Reconciliation of segment profit to income (loss) before income taxes
Depreciation and amortization		(50,700	)		(1,663	)		(16,477	)		(32,560	)
Interest expense and other, net		(87,463	)
Corporate expenses		(33,544	)
Share-based compensation expense		(5,407	)
Loss on sale of assets and businesses		(747	)
Amortization of acquired contract liabilities		28,150
Non-service defined benefit income		24,843
Impairment of long-lived assets		(252,382	)
Income before income taxes		(307,590	)
Total capital expenditures	$	12,804		$	643		$	9,511		$	2,650

	Six Months Ended September 30, 2019 (1)
	Total			Corporate & Eliminations			Systems & Support			Aerospace Structures
Net sales to external customers	$	1,502,341		$	—		$	664,176		$	838,165
Intersegment sales (eliminated in consolidation)		—			(5,993	)		2,401			3,592
Segment profit and reconciliation to consolidated income before income taxes:
Adjusted EBITDAP		160,854			—			104,876			55,978
Reconciliation of segment profit to income (loss) before income taxes
Depreciation and amortization		(74,269	)		(1,686	)		(16,239	)		(56,344	)
Interest expense and other, net		(62,891	)
Corporate expenses		(28,861	)
Share-based compensation expense		(5,290	)
Loss on sale of assets and businesses		4,829
Amortization of acquired contract liabilities		39,556
Non-service defined benefit income		41,226
Union represented employee incentives		(5,671	)
Legal judgment gain, net		5,400
Income before income taxes		74,883
Total capital expenditures	$	16,995		$	564		$	8,426		$	8,005

As adjusted; refer to Note 1.