v3.26.1
Revenue & Receivables (Tables)
 12 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Balance and Related Activity for Customer Advances
The following table illustrates the balance and related activity for customer advances in fiscal 2026 and 2025 (in thousands):
Customer advances (contract liabilities)
March 31,
20262025
Beginning balance$15,631 $16,588 
Revenue recognized from customer advances included in the beginning balance (15,631)(16,588)
Customer advances received94,358 55,183 
Revenue recognized from customer advances(74,404)(39,588)
Customer advances acquired with the Kito Crosby acquisition4,386 — 
Other (1)708 36 
Ending balance$25,048 $15,631 
    
    (1) Other includes the impact of foreign currency translation
Schedule of Disaggregation of Revenue The following table illustrates the disaggregation of revenue by product grouping for the years ending March 31, 2026, 2025 and 2024 (in thousands):
Year Ended March 31,
Net Sales by Product Grouping202620252024
Industrial Products$508,642 $328,095 $344,190 
Crane Solutions434,696 398,117 412,076 
Precision Conveyors Products148,567 154,659 163,463 
Engineered Products102,178 82,029 93,728 
All other(632)127 83 
Total$1,193,451 $963,027 $1,013,540 
Schedule of Balance and Related Activity for Allowance for Doubtful Accounts
The following table illustrates the balance and related activity for the allowance for credit losses that is deducted from accounts receivable to present the net amount expected to be collected in the year ending March 31, 2026 and March 31, 2025 (in thousands):
March 31,
Allowance for expected credit losses20262025
April 1, beginning balance$4,880 $3,827 
Bad debt expense2,714 3,641 
Less uncollectible accounts written off, net of recoveries(2,573)(2,582)
Fair value adjustment for receivables acquired with Kito Crosby2,009 — 
Other (1)170 (6)
March 31, ending balance$7,200 $4,880 
(1) Other includes the impact of foreign currency translation