v3.22.4
Goodwill and Intangible Assets (Tables)
 9 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets [Abstract]  
Changes in Carrying Amount of Goodwill
The following table presents a roll forward of the carrying value of goodwill from March 31, 2022 to December 31, 2022.  The Company has recast the March 31, 2022 goodwill balances to be comparable with the current segment structure. There was no impact to the underlying reporting units as a result of the segment realignment during fiscal 2023.

 
Climate
Solutions
   
Performance
Technologies
   
Total
  
Goodwill, March 31, 2022
  
$
108.1
    
$
60.0
    
$
168.1
  
Effect of exchange rate changes
    
(3.2
)
    
(0.1
)
    
(3.3
)
Goodwill, December 31, 2022
  
$
104.9
    
$
59.9
    
$
164.8
  
Intangible Assets
Intangible assets consisted of the following:

 
December 31, 2022
    
March 31, 2022
  
    Gross           Net     Gross           Net  
     Carrying     Accumulated
    Intangible
    Carrying
    Accumulated
    Intangible
 
   
Value
    
Amortization
    
Assets
    
Value
    
Amortization
    
Assets
  
Customer relationships
  
$
59.9
    
$
(22.2
)
  
$
37.7
    
$
61.2
    
$
(20.1
)
  
$
41.1
  
Trade names
    
49.9
      
(15.2
)
    
34.7
      
50.8
      
(13.8
)
    
37.0
  
Acquired technology
    
22.5
      
(12.1
)
    
10.4
      
23.1
      
(10.9
)
    
12.2
  
Total intangible assets
  
$
132.3
    
$
(49.5
)
  
$
82.8
    
$
135.1
    
$
(44.8
)
  
$
90.3