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Segment Information (Tables)
3 Months Ended
Jun. 30, 2014
Segment Information [Abstract]  
Net sales, gross profit, operating income and total assets by segment:
During the first quarter of fiscal 2015, the Company changed the name of its Commercial Products segment to Building HVAC in order to better reflect the nature of the segment’s product lines.  There were no changes to the operations or reported financial results of the segment as a result.  The following is a summary of net sales, gross profit, operating income, and total assets by segment:

 
 
Three months ended June 30,
 
Net sales:
 
2014
  
2013
 
North America
 
$
151.7
  
$
148.7
 
Europe
  
158.6
   
146.2
 
South America
  
25.2
   
34.4
 
Asia
  
20.8
   
18.3
 
Building HVAC
  
40.7
   
32.4
 
Segment net sales
  
397.0
   
380.0
 
Corporate and eliminations
  
(4.5
)
  
(4.2
)
Net sales
 
$
392.5
  
$
375.8
 
 
 
 
Three months ended June 30,
 
 
 
2014
  
2013
 
Gross profit:
 
$'s
  
% of sales
  
$'s
  
% of sales
 
North America
 
$
28.1
   
18.5
%
 
$
25.5
   
17.2
%
Europe
  
22.2
   
14.0
%
  
19.3
   
13.2
%
South America
  
3.5
   
13.8
%
  
6.1
   
17.8
%
Asia
  
3.6
   
17.2
%
  
2.3
   
12.8
%
Building HVAC
  
9.9
   
24.3
%
  
8.5
   
26.2
%
Segment gross profit
  
67.3
   
17.0
%
  
61.7
   
16.2
%
Corporate and eliminations
  
0.4
   
-
   
0.2
   
-
 
Gross profit
 
$
67.7
   
17.2
%
 
$
61.9
   
16.5
%

 
 
Three months ended June 30,
 
Operating income:
 
2014
  
2013
 
North America
 
$
16.1
  
$
14.3
 
Europe
  
10.4
   
8.0
 
South America
  
(0.2
)
  
2.6
 
Asia
  
0.9
   
(0.3
)
Building HVAC
  
3.2
   
1.0
 
Segment operating income
  
30.4
   
25.6
 
Corporate and eliminations
  
(6.3
)
  
(6.6
)
Operating income
 
$
24.1
  
$
19.0
 

 
 
June 30, 2014
  
March 31, 2014
 
Total assets:
 
  
 
North America
 
$
230.0
  
$
218.1
 
Europe
  
364.0
   
367.9
 
South America
  
79.4
   
80.1
 
Asia
  
98.0
   
92.8
 
Building HVAC
  
152.3
   
132.7
 
Corporate and eliminations
  
123.4
   
140.7
 
Total assets
 
$
1,047.1
  
$
1,032.3