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Goodwill and Intangible Assets (Tables)
3 Months Ended
Jun. 30, 2014
Goodwill and Intangible Assets [Abstract]  
Changes in the carrying amount of goodwill
Changes in the carrying amount of goodwill were as follows:

 
 
South
  
  
Building
  
 
 
 
America
  
Asia
  
HVAC
  
Total
 
Goodwill, March 31, 2014
 
$
10.9
  
$
0.5
  
$
17.3
  
$
28.7
 
Effect of exchange rate changes
  
0.3
   
-
   
0.4
   
0.7
 
Goodwill, June 30, 2014
 
$
11.2
  
$
0.5
  
$
17.7
  
$
29.4
 
Intangible assets
Intangible assets consisted of the following:

 
June 30, 2014
 
March 31, 2014
 
 
Gross
 
 
Net
 
Gross
 
 
Net
 
 
Carrying
 
Accumulated
 
Intangible
 
Carrying
 
Accumulated
 
Intangible
 
 
Value
 
Amortization
 
Assets
 
Value
 
Amortization
 
Assets
 
Tradenames
 
$
10.3
  
$
(5.9
)
 
$
4.4
  
$
10.1
  
$
(5.7
)
 
$
4.4
 
Acquired technology
  
5.9
   
(0.4
)
  
5.5
   
5.8
   
(0.2
)
  
5.6
 
Customer relationships
  
2.4
   
(0.1
)
  
2.3
   
2.4
   
-
   
2.4
 
Total intangible assets
 
$
18.6
  
$
(6.4
 
$
12.2
  
$
18.3
  
$
(5.9
) 
$
12.4
 

Total estimated annual amortization expense
Amortization expense for the three months ended June 30, 2014 and 2013 was $0.4 million and $0.2 million, respectively.  Estimated future amortization expense is as follows:

 
 
Estimated
 
 
 
Amortization
 
Fiscal Year
 
Expense
 
Remainder of 2015
 
$
1.2
 
2016
  
1.7
 
2017
  
1.8
 
2018
  
1.8
 
2019
  
1.6
 
2020 & Beyond
  
4.1