Segment Information (Tables)

3 Months Ended

Jun. 30, 2025

Segment Information

Net sales, significant expense and assets by segment

	Three months ended June 30, 2025
	Climate		Performance		Corporate and
	Solutions		Technologies		eliminations		Total
External sales	$	397.3	$	285.5	$	—	$	682.8
Inter-segment sales		0.1		—		(0.1)		—
Net sales		397.4		285.5		(0.1)		682.8
Cost of sales		284.5		233.6		(0.7)		517.4
Gross profit		112.9		51.9		0.6		165.4
Selling, general and administrative expenses		44.7		21.9		18.3		84.9
Restructuring expenses		1.3		3.5		—		4.8
Operating income	$	66.9	$	26.5	$	(17.7)	$	75.7

	Three months ended June 30, 2024
	Climate		Performance		Corporate and
	Solutions		Technologies		eliminations		Total
External sales	$	357.2	$	304.3	$	—	$	661.5
Inter-segment sales		0.1		4.7		(4.8)		—
Net sales		357.3		309.0		(4.8)		661.5
Cost of sales		256.5		245.5		(3.1)		498.9
Gross profit		100.8		63.5		(1.7)		162.6
Selling, general and administrative expenses		40.8		26.8		15.2		82.8
Restructuring expenses		0.2		5.2		—		5.4
Operating income	$	59.8	$	31.5	$	(16.9)	$	74.4

	June 30, 2025		March 31, 2025
Assets:
Climate Solutions	$	585.4	$	448.7
Performance Technologies		366.0		371.1
Other (a)		1,277.1		1,097.8
Total assets	$	2,228.5	$	1,917.6
____

(a) Represents cash and cash equivalents, other current assets, property plant and equipment, intangible assets, goodwill, deferred income taxes, and other noncurrent assets for the Climate Solutions and Performance Technologies segments and Corporate.

Schedule of capital expenditures and depreciation and amortization expense by segment

	Three months ended June 30,
	2025		2024
Capital expenditures:
Climate Solutions	$	19.9	$	16.0
Performance Technologies		7.3		10.8
Corporate		0.3		—
Total capital expenditures	$	27.5	$	26.8

	Three months ended June 30,
	2025		2024
Depreciation and amortization expense:
Climate Solutions	$	11.2	$	11.9
Performance Technologies		7.5		7.0
Corporate		0.3		0.2
Total depreciation and amortization expense	$	19.0	$	19.1