v3.26.1
Earnings per Share and Stock Plans - Narrative (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
Feb. 03, 2026
USD ($)
$ / shares
shares
Jul. 31, 2024
shares
Jun. 30, 2019
shares
Mar. 31, 2026
USD ($)
$ / shares
shares
Mar. 31, 2026
USD ($)
$ / shares
shares
Mar. 31, 2025
USD ($)
$ / shares
shares
Mar. 31, 2024
USD ($)
$ / shares
shares
Mar. 31, 2023
USD ($)
$ / shares
shares
May 11, 2026
USD ($)
Mar. 23, 2026
$ / shares
Jan. 29, 2026
shares
Jan. 28, 2026
shares
Mar. 26, 2019
USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Share-based payment arrangement, amount | $       $ 3,379 $ 3,379                
Dividends declared per common share (in dollars per share)       $ 0.07 $ 0.28 $ 0.28 $ 0.28            
Annual dividend rate (in dollars per share)                   $ 0.28      
Coupon rate 7.00%                        
Preferred dividends | $         $ 8,867                
Dividends threshold (in dollars per share) $ 0.07                        
Capital stock, authorized (in share) | shares                     101,000,000 51,000,000  
Common stock, authorized (in shares) | shares       100,000,000 100,000,000 100,000,000         100,000,000 50,000,000  
Stock repurchase program, authorized amount | $                         $ 20,000
Additional common shares repurchased (in shares) | shares           293,000   31,000          
Stock repurchased during period, value | $           $ 9,945   $ 1,010          
CD&R                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Investment agreement, minimum percent ownership of originally issued preferred shares                     25.00%    
CD&R                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Percent ownership after transaction 43.00%                        
Series A Preferred Stock                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Shares issued (in shares) | shares 800,000                        
Preferred stock, par value (in dollars per share) $ 1.00                        
Price per share (in dollars per share) $ 1,000                        
Aggregate purchase price | $ $ 800,000                        
Coupon rate 7.00%                        
Conversion price (in dollars per share) $ 37.68                        
Subsequent Event                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Dividend distribution declared per preferred share purchase right | $                 $ 2,012        
ESOP Debt Guarantee                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Weighted-average exercise price (in dollars per share)       $ 31.82 $ 31.82 $ 36.38 $ 35.37 $ 34.54          
2016 LTIP                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Share-based payment award, number of additional shares authorized (in shares) | shares   2,800,000 2,500,000                    
Long Term Incentive Plan | ESOP Debt Guarantee                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Shares available for future grants (in shares) | shares       920,241 920,241                
Period options generally become exercisable         3 years                
Vesting percentage         33.00%                
Share based compensation, exercise price, percent of fair market value       1 1                
Closing stock price (in dollars per share)       $ 14.69 $ 14.69                
Total intrinsic value of stock options exercised | $         $ 5 $ 120 $ 870            
Grant date fair value of options that vested (in dollars per share)         $ 11.94 $ 11.55 $ 11.00            
Unrecognized compensation cost related to non-vested stock options | $       $ 2,705 $ 2,705                
Weighted average period of recognition for unrecognized compensation cost         1 year 8 months 12 days                
Weighted-average fair value of options (in dollars per share)         $ 7.63 $ 17.13 $ 12.97            
Long Term Incentive Plan | ESOP Debt Guarantee | Minimum                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Weighted-average exercise price (in dollars per share)       $ 17.15 17.15                
Long Term Incentive Plan | ESOP Debt Guarantee | Maximum                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Weighted-average exercise price (in dollars per share)       $ 19.06 $ 19.06                
Long Term Incentive Plan | Restricted Stock                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Weighted average period of recognition for unrecognized compensation cost         1 year 7 months 6 days                
Total unrecognized compensation cost related to unvested restricted stock units | $       $ 6,133 $ 6,133                
Fair value of restricted stock units that vested during the period | $         $ 4,143 $ 4,922              
Long Term Incentive Plan | Restricted Stock | Share-Based Payment Arrangement, Tranche One                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Vesting percentage         33.33%                
Long Term Incentive Plan | Restricted Stock | Share-Based Payment Arrangement, Tranche Three                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Vesting percentage         33.33%                
Long Term Incentive Plan | Restricted Stock | Share-Based Payment Arrangement, Tranche Two                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Vesting percentage         33.33%                
Long Term Incentive Plan | Directors Stock Plan                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Stock based compensation expense | $         $ 1,024 $ 1,057 $ 1,174            
Shares of stock granted under the LTIP to non-executive directors (in shares) | shares         68,424 28,112 28,512            
Weighted average fair value grant price (in dollars per share)       $ 14.97 $ 14.97 $ 37.61 $ 41.17            
Long Term Incentive Plan | Cost of Goods Sold, Selling, and General and Administrative                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Stock based compensation expense | $         $ 9,569 $ 6,256 $ 12,039            
Stock Incentive Plan of Magnetek | ESOP Debt Guarantee                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Shares available for future grants (in shares) | shares       164,461 164,461                
ESOP Debt Guarantee                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Common shares not included in the computation of diluted loss per share because they were antidilutive (in shares) | shares         2,592,000 1,756,000              
Restricted Stock Units (RSUs)                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Common shares not included in the computation of diluted loss per share because they were antidilutive (in shares) | shares         2,592,000 1,756,000              
Performance Shares                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Common shares not included in the computation of diluted loss per share because they were antidilutive (in shares) | shares         2,592,000 1,756,000              
Convertible Preferred Stock                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Common shares not included in the computation of diluted loss per share because they were antidilutive (in shares) | shares         21,467,000