SEGMENTS (Tables)

12 Months Ended

Mar. 31, 2024

Schedule of Financial Information of Reporting Segments

The following is a summary of the financial information of our reporting segments reconciled to the amounts reported in the consolidated financial statements (in thousands).


Year Ended March 31, 2024
(in thousands)	Contractor Solutions		Specialized Reliability Solutions		Engineered Building Solutions		Subtotal - Reportable Segments		Eliminations and Other		Total
Revenues, net to external customers	$	528,641	$	149,458	$	114,741	$	792,840	$	—	$	792,840
Intersegment revenue	7,853		155		—		8,008		(8,008)		—
Operating income	142,037		22,266		18,704		183,007		(23,889)		159,118
Depreciation and amortization	30,231		6,074		1,812		38,117		173		38,290

In the fiscal quarter ended March 31, 2024, we recorded a $1.5 million impairment relating to a trademark, included in selling, general and administrative expenses, for our Contractor Solutions segment.


Year Ended March 31, 2023
(in thousands)	Contractor Solutions		Specialized Reliability Solutions		Engineered Building Solutions		Subtotal - Reportable Segments		Eliminations and Other		Total
Revenues, net to external customers	$	506,634	$	147,301	$	103,969	$	757,904	$	—	$	757,904
Intersegment revenue	7,142		145		—		7,287		(7,287)		—
Operating income	126,204		20,176		12,889		159,269		(20,203)		139,066
Depreciation and amortization	26,951		6,035		1,771		34,757		200		34,957


Year Ended March 31, 2022
(in thousands)	Contractor Solutions		Specialized Reliability Solutions		Engineered Building Solutions		Subtotal - Reportable Segments		Eliminations and Other		Total
Revenues, net to external customers	$	413,207	$	115,932	$	97,296	$	626,435	$	—	$	626,435
Intersegment revenue	3,280		110		—		3,390		(3,390)		—
Operating income	96,115		9,007		11,101		116,223		(18,843)		97,380
Depreciation and amortization	27,879		6,016		2,063		35,958		450		36,408


TOTAL ASSETS
(Amounts in thousands)	Contractor Solutions		Specialized Reliability Solutions		Engineered Building Solutions		Subtotal - Reportable Segments		Eliminations and Other		Total
March 31, 2024	$	806,261	$	139,968	$	81,256	$	1,027,485	$	15,841	$	1,043,326
March 31, 2023	823,750		136,248		71,429		1,031,427		12,026		1,043,453
March 31, 2022	782,267		126,380		74,397		983,044		12,316		995,360

Schedule of Revenues and Long-Lived Assets by Geographic Area

Revenues and long-lived assets by geographic area are as follows (in thousands, except percent data):


	Year Ended March 31,
	2024				2023				2022
U.S.	$	703,282	88.7	%	$	678,126	89.5	%	$	559,296	89.3	%
Non-U.S. (a)	89,558		11.3	%	79,778		10.5	%	67,139		10.7	%
Revenues, net	$	792,840	100.0	%	$	757,904	100.0	%	$	626,435	100.0	%

(a) No individual country within this group represents 10% or more of consolidated totals for any period presented.


	Year Ended March 31,
	2024				2023				2022
U.S.	$	672,887	94.5	%	$	679,731	94.4	%	$	651,477	93.7	%
Non-U.S.	39,030		5.5	%	40,665		5.6	%	43,736		6.3	%
Long-lived assets (a)	$	711,917	100.0	%	$	720,396	100.0	%	$	695,213	100.0	%

(a) Long-lived assets consist primarily of property, plant and equipment, intangible assets, goodwill and other assets.