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Segment Information (Tables)
 6 Months Ended
Sep. 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 September 30,
  
   
2021
    
2020
  
   
External
Sales
    
Inter-segment
Sales
    
Total
    
External
Sales
    
Inter-segment
Sales
    
Total
  
Net sales:
                                    
BHVAC
  
$
77.4
    
$
0.1
    
$
77.5
    
$
68.2
    
$
0.3
    
$
68.5
  
CIS
    
151.2
      
2.3
      
153.5
      
126.9
      
1.3
      
128.2
  
HDE
    
185.8
      
10.0
      
195.8
      
157.6
      
8.0
      
165.6
  
Automotive
    
64.5
      
0.9
      
65.4
      
108.7
      
1.2
      
109.9
  
Segment total
    
478.9
      
13.3
      
492.2
      
461.4
      
10.8
      
472.2
  
Corporate and eliminations
    
-
      
(13.3
)
    
(13.3
)
    
-
      
(10.8
)
    
(10.8
)
Net sales
  
$
478.9
    
$
-
    
$
478.9
    
$
461.4
    
$
-
    
$
461.4
  

 
Six months ended September 30,
  
   
2021
    
2020
  
   
External
Sales
    
Inter-segment
Sales
    
Total
    
External
Sales
    
Inter-segment
Sales
    
Total
  
Net sales:
                                    
BHVAC
  
$
142.8
    
$
1.3
    
$
144.1
    
$
122.1
    
$
0.5
    
$
122.6
  
CIS
    
303.4
      
4.2
      
307.6
      
241.7
      
3.0
      
244.7
  
HDE
    
377.7
      
19.9
      
397.6
      
275.9
      
13.2
      
289.1
  
Automotive
    
149.6
      
2.0
      
151.6
      
169.5
      
2.5
      
172.0
  
Segment total
    
973.5
      
27.4
      
1,000.9
      
809.2
      
19.2
      
828.4
  
Corporate and eliminations
    
-
      
(27.4
)
    
(27.4
)
    
-
      
(19.2
)
    
(19.2
)
Net sales
  
$
973.5
    
$
-
    
$
973.5
    
$
809.2
    
$
-
    
$
809.2
  

Three months ended September 30,
  
Six months ended September 30,
  
 
2021
  
2020
  
2021
  
2020
  
 
$’s
  
% of sales
  
$’s
  
% of sales
  
$’s
  
% of sales
  
$’s
  
% of sales
  
Gross profit:
                                
BHVAC
  
$
21.6
      
27.8
%
  
$
23.3
      
34.1
%
  
$
37.8
      
26.2
%
  
$
39.1
      
31.9
%
CIS
    
18.3
      
11.9
%
    
17.7
      
13.8
%
    
39.1
      
12.7
%
    
31.9
      
13.0
%
HDE
    
18.3
      
9.4
%
    
23.6
      
14.2
%
    
40.9
      
10.3
%
    
34.9
      
12.1
%
Automotive
    
7.2
      
11.0
%
    
16.6
      
15.2
%
    
20.4
      
13.4
%
    
21.4
      
12.5
%
Segment total
    
65.4
      
13.3
%
    
81.2
      
17.2
%
    
138.2
      
13.8
%
    
127.3
      
15.4
%
Corporate and eliminations
    
0.9
      
-
      
(0.4
)
    
-
      
1.3
      
-
      
(0.4
)
    
-
  
Gross profit
  
$
66.3
      
13.8
%
  
$
80.8
      
17.5
%
  
$
139.5
      
14.3
%
  
$
126.9
      
15.7
%

 
Three months ended September 30,
    
Six months ended September 30,
  
   
2021
    
2020
    
2021
    
2020
  
Operating income:
                        
BHVAC
  
$
10.0
    
$
13.5
    
$
15.7
    
$
20.7
  
CIS
    
5.8
      
5.2
      
13.3
      
5.1
  
HDE
    
5.8
      
13.3
      
14.7
      
10.8
  
Automotive
    
(5.6
)
    
8.0
      
(1.4
)
    
4.2
  
Segment total
    
16.0
      
40.0
      
42.3
      
40.8
  
Corporate and eliminations
    
(5.5
)
    
(11.5
)
    
(23.1
)
    
(15.5
)
Operating income
  
$
10.5
    
$
28.5
    
$
19.2
    
$
25.3
  

 
September 30, 2021
    
March 31, 2021
  
Total assets:
            
BHVAC
  
$
204.2
    
$
181.1
  
CIS
    
551.5
      
540.1
  
HDE
    
451.0
      
438.7
  
Automotive
    
117.6
      
124.2
  
Corporate and eliminations (a)
    
(2.3
)
    
(7.4
)
Total assets
  
$
1,322.0
    
$
1,276.7
  
 
(a)
At September 30, 2021 and March 31, 2021, Corporate assets totaled $23.2 million and $17.5 million, respectively and were more than offset by eliminations for intercompany balances, including accounts receivable.