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Other Income and Expense (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Other Income and Expense [Abstract]        
Interest income $ 0.1 $ 0.1 $ 0.4 $ 0.3
Foreign currency transactions [1] 0.2 0.7 0.9 (0.7)
Net periodic benefit cost [2] (0.8) (0.7) (2.3) (2.1)
Equity in earnings of non-consolidated affiliate 0.0 0.0 0.0 0.2 [3]
Total other (expense) income - net $ (0.5) $ 0.1 $ (1.0) $ (2.3)
[1] 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.
[2] Net periodic benefit cost for the Company’s pension and postretirement plans is exclusive of service cost.
[3] The Company sold its ownership interest in NEX during the second quarter of fiscal 2020. See Note 1 for additional information.