v3.24.1.1.u2
Revenue & Receivables (Tables)
 12 Months Ended
Mar. 31, 2024
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 2024 and 2023 (in thousands):
Customer advances (contract liabilities)
March 31,
20242023
Beginning balance$27,003 $22,453 
Additional customer advances received68,040 67,721 
Revenue recognized from customer advances included in the beginning balance (27,003)(22,453)
Other revenue recognized from customer advances(55,311)(40,444)
Customer advances recorded from acquisition3,866 — 
Other (1)(7)(274)
Ending balance$16,588 $27,003 
    
    (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, 2024, 2023 and 2022 (in thousands):
Year Ended March 31,
Net Sales by Product Grouping202420232022
Industrial Products$344,190 $330,295 $334,866 
Crane Solutions412,076 366,277 339,400 
Precision Conveyors Products163,463 149,586 144,587 
Engineered Products93,728 89,963 87,604 
All other83 119 98 
Total$1,013,540 $936,240 $906,555 
Schedule of Balance and Related Activity for Allowance for Doubtful Accounts
The following table illustrates the balance and related activity for the allowance for doubtful accounts that is deducted from accounts receivable to present the net amount expected to be collected in the year ending March 31, 2024 and March 31, 2023 (in thousands):
March 31,
Allowance for doubtful accounts20242023
April 1, beginning balance$3,620 $5,717 
Bad debt expense1,225 1,055 
Less uncollectible accounts written off, net of recoveries(1,079)(3,056)
Allowance recorded from acquisition64 — 
Other (1)(3)(96)
March 31, ending balance$3,827 $3,620 
(1) Other includes the impact of foreign currency translation