Segment Information (Tables)

3 Months Ended

Jun. 30, 2017

Net sales, gross profit, operating income and total assets by segment:

The following is a summary of net sales, gross profit, operating income, and total assets by segment. In the first quarter of fiscal 2018, the Company adopted new accounting guidance related to the income statement presentation of pension and postretirement costs. Accordingly, the Company recast the comparable fiscal 2017 segment financial results to conform to the current-period presentation. See Note 1 for additional information on this new accounting guidance.

	Three months ended June 30,
Net sales:	2017			2016
Americas	$	148.3		$	140.0
Europe		136.3			146.0
Asia		35.4			24.9
Commercial and Industrial Solutions		157.5			-
Building HVAC		43.0			39.9
Segment total		520.5			350.8
Corporate and eliminations		(5.0	)		(3.6	)
Net sales	$	515.5		$	347.2

	Three months ended June 30,
	2017					2016
Gross profit:	$'s		% of sales			$'s			% of sales
Americas	$	26.5		17.9	%	$	25.2			18.0	%
Europe		19.3		14.2	%		25.3			17.3	%
Asia		6.3		17.7	%		4.4			17.6	%
Commercial and Industrial Solutions		25.3		16.0	%		-			-
Building HVAC		11.1		25.9	%		10.0			25.1	%
Segment total		88.5		17.0	%		64.9			18.5	%
Corporate and eliminations		-		-			(2.6	)		-
Gross profit	$	88.5		17.2	%	$	62.3			17.9	%

	Three months ended June 30,
Operating income:	2017			2016
Americas	$	12.1		$	9.6
Europe		7.9			15.3
Asia		3.3			1.5
Commercial and Industrial Solutions		10.8			-
Building HVAC		3.1			0.9
Segment total		37.2			27.3
Corporate and eliminations		(9.6	)		(11.5	)
Operating income	$	27.6		$	15.8

	June 30, 2017		March 31, 2017
Total assets:
Americas	$	283.2	$	282.9
Europe		294.6		269.4
Asia		114.5		111.3
Commercial and Industrial Solutions		610.7		576.0
Building HVAC		95.5		85.2
Corporate and eliminations		121.7		124.7
Total assets	$	1,520.2	$	1,449.5