v3.26.1
Pay vs Performance Disclosure - USD ($)
12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2022
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Year(1)
SCT Total
for First PEO
($)
CAP for
First 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)
(c)
(d)
(e)
(f)
(g)
(h)
20265,971,0664,398,2981,684,2221,408,38128.84183.32(229,535)94,865
20255,325,938(1,610,341)1,360,850166,46533.03166.99(5,138)102,300
2024
5,799,2507,011,0061,479,3731,769,54986.39137.7146,625119,238
2023
4,973,8923,543,6061,622,3841,421,83671.3997.5848,429105,869
2022
4,067,0212,562,3961,347,394788,70280.7792.6929,66095,589
       
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 PEOOther Non-PEOs
2026Mr. WilsonMessrs. Chintapalli, Korman, Rustowicz and Ms. Williams
2025Mr. WilsonMessrs. Brant, Chintapalli, Korman, Rustowicz and Ms. Williams
2024
Mr. WilsonMessrs. Brant, Korman, Rustowicz and Schadeberg
2023
Mr. WilsonMessrs. Brant, Korman, Rustowicz and Schadeberg
2022
Mr. WilsonMessrs. Brant, Korman, 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.        
PEO Total Compensation Amount $ 5,971,066 $ 5,325,938 $ 5,799,250 $ 4,973,892 $ 4,067,021
PEO Actually Paid Compensation Amount $ 4,398,298 (1,610,341) 7,011,006 3,543,606 2,562,396
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
($)
Compensation
Actually Paid
($)
20265,971,06614,1464,036,9783,229,963(770,061)18,4544,398,298
20255,325,9389,9513,909,9591,390,504(4,340,800)(66,074)(1,610,341)
2024
5,799,2505,4913,495,8284,352,194448,465(87,584)7,011,006
2023
4,973,8922,9002,816,0473,501,035(1,616,943)(495,431)3,543,606
2022
4,067,0211,8962,362,4461,840,059(993,714)13,3712,562,396
       
Non-PEO NEO Average Total Compensation Amount $ 1,684,222 1,360,850 1,479,373 1,622,384 1,347,394
Non-PEO NEO Average Compensation Actually Paid Amount $ 1,408,381 166,465 1,769,549 1,421,836 788,702
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
($)
Compensation
Actually Paid
($)
20261,684,2227,983695,916556,681(131,863)3,2401,408,381
20251,360,85021,058636,684212,97310,280(719,962)(39,934)166,465
2024
1,479,37313,47653668,025831,669157,778(17,717)1,769,549
2023
1,622,3848,205814,420701,70733,962(113,592)1,421,836
2022
1,347,3946,473668,073520,369(404,240)(275)788,702
       
Compensation Actually Paid vs. Total Shareholder Return
10995116280777
       
Compensation Actually Paid vs. Net Income
10995116280787
       
Compensation Actually Paid vs. Company Selected Measure
10995116280794
       
Total Shareholder Return Vs Peer Group
10995116280777
       
Total Shareholder Return Amount $ 28.84 33.03 86.39 71.39 80.77
Peer Group Total Shareholder Return Amount 183.32 166.99 137.71 97.58 92.69
Net Income (Loss) $ (229,535,000) $ (5,138,000) $ 46,625,000 $ 48,429,000 $ 29,660,000
Company Selected Measure Amount 94,865,000 102,300,000 119,238,000 105,869,000 95,589,000
PEO Name Mr. Wilson Mr. Wilson Mr. Wilson Mr. Wilson Mr. Wilson
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, 2022, 2023, 2024, 2025 and 2026. In addition, the first graph below compares our cumulative TSR and peer group cumulative TSR for the fiscal years ended March 31, 2022, 2023, 2024, 2025 and 2026.
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 PEO 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, 2026. 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        
PEO | 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 | Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (4,036,978) (3,909,959) (3,495,828) (2,816,047) (2,362,446)
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 3,229,963 1,390,504 4,352,194 3,501,035 1,840,059
PEO | 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 (770,061) (4,340,800) 448,465 (1,616,943) (993,714)
PEO | 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 0
PEO | 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 18,454 (66,074) (87,584) (495,431) 13,371
PEO | Aggregate Change In Present Value Of NQDC [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (14,146) (9,951) (5,491) (2,900) (1,896)
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 0 (53) 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 (695,916) (636,684) (668,025) (814,420) (668,073)
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 556,681 212,973 831,669 701,707 520,369
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 (131,863) (719,962) 157,778 33,962 (404,240)
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 10,280 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 3,240 (39,934) (17,717) (113,592) (275)
Non-PEO NEO | Aggregate Change In Present Value Of NQDC [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (7,983) $ (21,058) $ (13,476) $ (8,205) $ (6,473)