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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2017
Income Statement [Abstract]      
Net sales $ 2,050.9 $ 1,851.6 $ 1,712.5
Cost of sales 1,266.1 1,145.1 1,086.1
Gross profit 784.8 706.5 626.4
Selling, general and administrative expenses 433.1 393.8 356.1
Restructuring and other similar charges 12.1 14.1 26.1
Amortization of intangible assets 34.0 32.2 41.0
Income from operations 305.6 266.4 203.2
Non-operating (expense) income:      
Interest expense, net (69.9) (75.1) (88.3)
Gain (loss) on the extinguishment of debt 4.3 (11.9) (7.8)
Other (expense) income, net (1.2) 7.7 0.2
Income from continuing operations before income taxes 238.8 187.1 107.3
(Provision) benefit for income taxes (53.4) 19.5 (15.6)
Equity method investment income 3.6 0.0 0.0
Net income from continuing operations 189.0 206.6 91.7
Loss from discontinued operations, net of tax (154.7) (130.6) (17.6)
Net income (loss) 34.3 76.0 74.1
Non-controlling interest income 0.0 0.1 0.0
Net income (loss) attributable to Rexnord 34.3 75.9 74.1
Dividends on preferred stock (23.2) (23.2) (7.3)
Net income (loss) attributable to Rexnord common stockholders $ 11.1 $ 52.7 $ 66.8
Basic net income (loss) per share attributable to Rexnord common stockholders:      
Continuing operations (in dollars per share) $ 1.58 $ 1.76 $ 0.82
Discontinued operations (in dollars per share) (1.48) (1.26) (0.17)
Net income (in dollars per share) 0.11 0.51 0.65
Diluted net income (loss) per share attributable to Rexnord common stockholders:      
Continuing operations (in dollars per share) 1.53 1.69 0.81
Discontinued operations (in dollars per share) (1.25) (1.07) (0.17)
Net income (in dollars per share) $ 0.28 $ 0.62 $ 0.64
Weighted-average number of common shares outstanding (in thousands):      
Basic (in shares) 104,640 103,889 102,753
Effect of dilutive stock options (in shares) 18,689 18,095 2,031
Diluted (in shares) 123,329 121,984 104,784