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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2018
Income Statement [Abstract]      
Net sales $ 2,068.3 $ 2,050.9 $ 1,851.6
Cost of sales 1,250.3 1,266.1 1,145.1
Gross profit 818.0 784.8 706.5
Selling, general and administrative expenses 432.8 433.1 393.8
Restructuring and other similar charges 15.5 12.1 14.1
Amortization of intangible assets 35.4 34.0 32.2
Income from operations 334.3 305.6 266.4
Non-operating (expense) income:      
Interest expense, net (58.6) (69.9) (75.1)
Gain (loss) on the extinguishment of debt 1.0 4.3 (11.9)
Actuarial (loss) gain on pension and postretirement benefit obligations (36.6) 0.4 3.3
Other (expense) income, net (3.8) (1.6) 4.4
Income from continuing operations before income taxes 236.3 238.8 187.1
(Provision) benefit for income taxes (54.1) (53.4) 19.5
Equity method investment income 0.0 3.6 0.0
Net income from continuing operations 182.2 189.0 206.6
Loss from discontinued operations, net of tax (1.8) (154.7) (130.6)
Net income 180.4 34.3 76.0
Non-controlling interest income 0.3 0.0 0.1
Net income attributable to Rexnord 180.1 34.3 75.9
Dividends on preferred stock (14.4) (23.2) (23.2)
Net income attributable to Rexnord common stockholders $ 165.7 $ 11.1 $ 52.7
Basic net income (loss) per share attributable to Rexnord common stockholders:      
Continuing operations (in dollars per share) $ 1.50 $ 1.58 $ 1.76
Discontinued operations (in dollars per share) (0.02) (1.48) (1.26)
Net income (in dollars per share) 1.48 0.11 0.51
Diluted net income (loss) per share attributable to Rexnord common stockholders:      
Continuing operations (in dollars per share) 1.46 1.53 1.69
Discontinued operations (in dollars per share) (0.01) (1.25) (1.07)
Net income (in dollars per share) $ 1.45 $ 0.28 $ 0.62
Weighted-average number of common shares outstanding (in thousands):      
Basic (in shares) 111,689 104,640 103,889
Effect of dilutive equity options (in shares) 12,574 18,689 18,095
Diluted (in shares) 124,263 123,329 121,984