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Other Income and Expense (Tables)
 9 Months Ended
Dec. 31, 2019
Other Income and Expense [Abstract]  
Other Income and Expense Other income and expense consisted of the following:

 
  
Three months ended
December 31,
    
Nine months ended
December 31,
  
 
  
2019
    
2018
    
2019
    
2018
  
Equity in earnings of non-consolidated affiliate (a)
  
$
-
    
$
0.3
    
$
0.2
    
$
0.7
  
Interest income
    
0.1
      
-
      
0.3
      
0.3
  
Foreign currency transactions (b)
    
0.7
      
(0.2
)
    
(0.7
)
    
(1.1
)
Net periodic benefit cost (c)
    
(0.7
)
    
(0.6
)
    
(2.1
)
    
(2.0
)
Total other income (expense) - net
  
$
0.1
    
$
(0.5
)
  
$
(2.3
)
  
$
(2.1
)

(a)
During the second quarter of fiscal 2020, the Company sold its ownership interest in NEX and, as a result, recorded a gain of $0.1 million.  This gain is included within the year-to-date amount reported in fiscal 2020.  See Note 1 for additional information.
(b)
Foreign currency transactions primarily consist of foreign currency transaction gains and losses on the re-measurement or settlement of foreign currency-denominated assets and liabilities, including intercompany loans and transactions denominated in a foreign currency, along with gains and losses on certain foreign currency exchange contracts.
(c)
Net periodic benefit cost for the Company’s pension and postretirement plans is exclusive of service cost.