v3.25.2
Pay vs Performance Disclosure - USD ($)
12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2021
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Year(1)
SCT Total
for First
PEO
($)
SCT Total
for
Second
PEO
($)
CAP for
First
PEO
(2)
($)
CAP for
Second
PEO
(2)
($)
Avg. SCT
Total for
non-PEO NEOs
(2)
($)
Avg. CAP
to non-PEO
NEOs
(2)
($)
Value of Initial Fixed
$100
Net
Income
($ in Thousands)
Adjusted
EBIT
(4)
($ in Thousands)
TSR
($)
Peer
Group
TSR
(3)
($)
(a)
(b)
(b)
(c)
(c)
(d)
(e)
(f)
(g)
(h)
2025
5,325,938(1,610,341)1,360,850166,46572.26272.34(5,138)102,300
2024
5,799,250
7,011,006
1,479,3731,769,549183.61219.3146,625119,238
2023
4,973,8923,543,6061,622,3841,421,836151.72155.4048,429105,869
2022
4,067,021
2,562,396
1,347,394788,702171.66147.6229,66095,589
2021
5,572,610397,800 9,019,389423,480 1,169,0732,651,095212.53159.269,10648,854
       
Company Selected Measure Name Adjusted EBIT        
Named Executive Officers, Footnote The PEOs and the Non-PEO NEOs for the indicated years were as follows:
Year
First PEO
Second PEO
Other Non-PEOs
2025
Mr. Wilson
N/A
Messrs. Brant, Chintapalli, Korman, Rustowicz and Ms. Williams
2024
Mr. Wilson
N/A
Messrs. Brant, Korman, Rustowicz, and Schadeberg
2023
Mr. Wilson
N/A
Messrs. Brant, Korman, Rustowicz, and Schadeberg
2022
Mr. Wilson
N/A
Messrs. Brant, Korman, Rustowicz, and Wozniak
2021
Mr. Wilson
Mr. Fleming
Messrs. Korman, McCormick, Rustowicz, and Wozniak
       
Peer Group Issuers, Footnote For the relevant fiscal year, represents the cumulative TSR (the “Peer Group TSR”) of the Dow Jones U.S. Diversified Industrials Index.        
Adjustment To PEO Compensation, Footnote
DAVID J. WILSON (FIRST PRINCIPAL EXECUTIVE OFFICER)
Year
Summary
Compensation
Table
Total
($)
Minus:
Change
in
Present
Value  of
NQDC
($)
Minus:
Change
in
Present
Value of
Pension
($)
Plus:
Pension
Service
Costs
Attributable
to the
Applicable
Year
($)
Minus:
Grant Date
Fair Value
of Equity
Awards
Granted
During
Applicable
Year
($)
Plus: Year-
End Fair
Value of
Equity
Awards
Granted
During
Applicable
Year
($)
Plus:
Fair Value
of
Awards
Granted
and
Vested in
Applicable
Year
($)
Plus:
Change in
Fair Value
as of Year-
End of Any
Prior-Year
Awards that
Remain
Unvested as
of Year-End
($)
Plus:
Change in
Fair Value
as of
Vesting
Date of
Any Prior-
Year
Awards
that Vested
During
Applicable
Year
($)
Compensation 
Actually Paid
($)
2025
5,325,9389,9513,909,9591,390,504
(4,340,800)
(66,074)
(1,610,341)
2024
5,799,2505,4913,495,8284,352,194
448,465
(87,584)
7,011,006
2023
4,973,8922,900
2,816,0473,501,035
(1,616,943)
(495,431)
3,543,606
2022
4,067,0211,8962,362,4461,840,059
(993,714)
13,371
2,562,396
2021
5,572,6103,543,0806,414,349575,5109,019,389
RICHARD J. FLEMING (SECOND PRINCIPAL EXECUTIVE OFFICER)
Year
Summary
Compensation
Table
Total
($)
Minus:
Change
in
Present
Value of
NQDC
($)
Minus:
Change
in
Present
Value of
Pension
($)
Plus:
Pension
Service
Costs
Attributable
to the
Applicable
Year
($)
Minus:
Grant Date
Fair Value
of Equity
Awards
Granted
During
Applicable
Year
($)
Plus: Year-
End Fair
Value of
Equity
Awards
Granted
During
Applicable
Year
($)
Plus:
Fair Value
of
Awards
Granted
and
Vested in
Applicable
Year
($)
Plus:
Change in

Fair Value
as of Year-
End of Any
Prior-Year
Awards that
Remain
Unvested as
of Year-End
($)
Plus:
Change in
Fair Value
as of
Vesting
Date of
Any Prior-
Year
Awards
that Vested
During
Applicable
Year
($)
Compensation Actually Paid
($)
2025
2024
2023
2022
2021
397,800254,079
75,660
204,099
423,480
       
Non-PEO NEO Average Total Compensation Amount $ 1,360,850 $ 1,479,373 $ 1,622,384 $ 1,347,394 $ 1,169,073
Non-PEO NEO Average Compensation Actually Paid Amount $ 166,465 1,769,549 1,421,836 788,702 2,651,095
Adjustment to Non-PEO NEO Compensation Footnote
AVERAGE OF NON-PEO NEOs
Year
Summary
Compensation
Table Total
($)
Minus:
Change
in Present
Value of
NQDC
($)
Minus:
Change in Present
Value of
Pension
($)
Plus: Pension Service Costs
Attributable to the
Applicable Year
($)
Minus:
Grant Date
Fair Value
of Equity
Awards
Granted
During
Applicable
Year
($)
Plus: Year-End Fair Value of Equity Awards Granted During
Applicable Year
($)
Plus: Fair Value of Awards Granted and Vested in Applicable Year
($)
Plus: Change in Fair Value as of Year-End of Any Prior-Year
Awards that Remain
Unvested as
of Year-End
($)
Plus: Change in Fair Value as of Vesting Date of Any Prior-Year Awards that Vested During Applicable Year
($)
Compensation 
Actually Paid
($)
2025
1,360,85021,058636,684212,973
10,280
(719,962)
(39,934)
166,465
2024
1,479,37313,476530668,025831,669157,778
(17,717)
1,769,549
2023
1,622,3848,205814,420701,70733,962 
(113,592)
1,421,836
2022
1,347,3946,473
668,073520,369
(404,240)
(275)
788,702
2021
1,169,0732,962467,8631,137,057785,776 30,014 2,651,095
       
Compensation Actually Paid vs. Total Shareholder Return
9345848842557
       
Compensation Actually Paid vs. Net Income
9345848842684
       
Compensation Actually Paid vs. Company Selected Measure
9345848842740
       
Total Shareholder Return Vs Peer Group
9345848842557
       
Total Shareholder Return Amount $ 72.26 183.61 151.72 171.66 212.53
Peer Group Total Shareholder Return Amount 272.34 219.31 155.40 147.62 159.26
Net Income (Loss) $ (5,138,000) $ 46,625,000 $ 48,429,000 $ 29,660,000 $ 9,106,000
Company Selected Measure Amount 102,300,000 119,238,000 105,869,000 95,589,000 48,854,000
PEO Name Mr. Wilson Mr. Wilson Mr. Wilson Mr. Wilson Mr. Fleming
Additional 402(v) Disclosure Amounts represent compensation actually paid to our PEOs and the average compensation actually paid to our non-PEO NEOs for the relevant fiscal year, as determined under SEC rules (and described below).
The graphs below describe the relationship between the compensation actually paid to our PEOs and the average of the compensation actually paid to our Non-PEO NEOs and (i) our cumulative TSR, (ii) our net income, and (iii) our Adjusted EBIT, in each case, for the fiscal years ended March 31, 2021, 2022, 2023, 2024, and 2025. In addition, the first graph below compares our cumulative TSR and peer group cumulative TSR for the fiscal years ended March 31, 2021, 2022, 2023, 2024, and 2025.
TSR amounts reported in the graph assume an initial fixed investment of $100 and that all dividends, if any, were reinvested.
The graphs above demonstrate that over the measurement period, Compensation Actually Paid (CAP) for the PEOs and Non-PEO NEOs generally trended directionally with the Company’s cumulative TSR, net income and Adjusted EBIT. During the time period, changes in CAP were largely attributable to the fluctuation in value of outstanding equity awards, which correlate with increases and decreases in stock price and cumulative TSR.
PAY VERSUS PERFORMANCE TABULAR LIST
We believe the following performance measures represent the most important financial performance measures used by us to link compensation actually paid to our PEOs and Non-PEO NEOs for the fiscal year ended March 31, 2025. The measures in this list are not ranked:
Adjusted EBIT
Adjusted Free Cash Flow
Adjusted ROIC
For additional details regarding our most important financial performance measures, please see the sections titled “Elements of our Compensation Program for NEOs” and “Components of Compensation” in our Compensation Discussion and Analysis elsewhere in this proxy statement.
       
Measure:: 1          
Pay vs Performance Disclosure          
Name Adjusted EBIT        
Non-GAAP Measure Description In accordance with SEC rules, the Company is required to include in the Pay versus Performance table the “most important” financial performance measure (as determined by the Company) used to link compensation actually paid to our PEOs and Non-PEO NEOs to Company performance for the most recently completed fiscal year. The Company determined that Adjusted EBIT, which is a non-GAAP measure included in our incentive program, meets this requirement and therefore, we have included this performance measure in the Pay versus Performance table. Adjusted EBIT is defined as operating income as determined in accordance with GAAP adjusted for each of the adjustments used in the computation of Adjusted EBITDA other than depreciation and amortization expense,        
Measure:: 2          
Pay vs Performance Disclosure          
Name Adjusted Free Cash Flow        
Measure:: 3          
Pay vs Performance Disclosure          
Name Adjusted ROIC        
First PEO [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 5,325,938 $ 5,799,250 $ 4,973,892 $ 4,067,021 $ 5,572,610
PEO Actually Paid Compensation Amount (1,610,341) 7,011,006 3,543,606 2,562,396 9,019,389
Second PEO [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount 0 0 0 0 397,800
PEO Actually Paid Compensation Amount 0 0 0 0 423,480
PEO | First PEO [Member] | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
PEO | First PEO [Member] | Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
PEO | First PEO [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 3,909,959 3,495,828 2,816,047 2,362,446 3,543,080
PEO | First PEO [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,390,504 4,352,194 3,501,035 1,840,059 6,414,349
PEO | First PEO [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 4,340,800 448,465 1,616,943 993,714 0
PEO | First PEO [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 575,510
PEO | First PEO [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 66,074 87,584 495,431 13,371 0
PEO | First PEO [Member] | Aggregate Change In Present Value Of NQDC [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 9,951 5,491 2,900 1,896 0
PEO | Second PEO [Member] | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
PEO | Second PEO [Member] | Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
PEO | Second PEO [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 254,079
PEO | Second PEO [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 75,660
PEO | Second PEO [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
PEO | Second PEO [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 204,099
PEO | Second PEO [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
PEO | Second PEO [Member] | Aggregate Change In Present Value Of NQDC [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
Non-PEO NEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 53 0 0 0
Non-PEO NEO | Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 636,684 668,025 814,420 668,073 467,863
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 212,973 831,669 701,707 520,369 1,137,057
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (719,962) 157,778 33,962 404,240 785,776
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 10,280 0 0 0 0
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 39,934 17,717 113,592 275 30,014
Non-PEO NEO | Aggregate Change In Present Value Of NQDC [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 21,058 $ 13,476 $ 8,205 $ 6,473 $ 2,962