Segment Information (Tables)

3 Months Ended

Jun. 30, 2021

Segment Information [Abstract]

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:

	Three months ended June 30,
	2021								2020
	External Sales		Inter-segment Sales			Total			External Sales		Inter-segment Sales			Total
Net sales:
BHVAC	$	59.4	$	0.5		$	59.9		$	47.4	$	0.2		$	47.6
CIS		158.2		1.0			159.2			121.3		1.2			122.5
HDE		191.9		9.9			201.8			118.3		5.2			123.5
Automotive		85.1		1.1			86.2			60.8		1.3			62.1
Segment total		494.6		12.5			507.1			347.8		7.9			355.7
Corporate and eliminations		-		(12.5	)		(12.5	)		-		(7.9	)		(7.9	)
Net sales	$	494.6	$	-		$	494.6		$	347.8	$	-		$	347.8

	Three months ended June 30,
	2021					2020
	_$’s		% of sales			_$’s		% of sales
Gross profit:
BHVAC	$	16.2		27.1	%	$	14.5		30.5	%
CIS		20.8		13.0	%		15.5		12.6	%
HDE		22.6		11.2	%		11.3		9.2	%
Automotive		13.2		15.3	%		4.8		7.7	%
Segment total		72.8		14.3	%		46.1		13.0	%
Corporate and eliminations		0.4		-			-		-
Gross profit	$	73.2		14.8	%	$	46.1		13.3	%

	Three months ended June 30,
	2021			2020
Operating income:
BHVAC	$	6.8		$	7.1
CIS		6.4			-
HDE		8.9			(2.5	)
Automotive		4.2			(3.8	)
Segment total		26.3			0.8
Corporate and eliminations		(17.6	)		(4.0	)
Operating income (loss)	$	8.7		$	(3.2	)

	June 30, 2021			March 31, 2021
Total assets:
BHVAC	$	127.6		$	110.8
CIS		633.5			609.2
HDE		443.9			438.7
Automotive		125.7			124.2
Corporate and eliminations (a)		(3.8	)		(6.2	)
Total assets	$	1,326.9		$	1,276.7

(a) At June 30, 2021 and March 31, 2021, Corporate assets totaled $19.2 million and $17.5 million, respectively and were more than offset by eliminations for intercompany balances, including accounts receivable.