| Schedule of Segment Reporting Information, by Segment |
Financial information relating to the Company’s operations by geographic area is as follows: | | | | | | | | | | | | | | | | | | | | | | | | Year Ended March 31, | | | | 2024 | | 2023 | | 2022 | | Net sales: | | | | | | | | United States | | $ | 591,497 | | | $ | 595,363 | | | $ | 548,620 | | | Germany | | 233,797 | | | 175,294 | | | 188,134 | | | Europe, Middle East, and Africa (Excluding Germany) | | 112,839 | | | 97,597 | | | 108,678 | | | Canada | | 21,431 | | | 18,883 | | | 16,719 | | | Asia Pacific | | 17,877 | | | 16,720 | | | 17,680 | | | Latin America | | 36,099 | | | 32,383 | | | 26,724 | | | Total | | $ | 1,013,540 | | | $ | 936,240 | | | $ | 906,555 | |
Note: Net sales to external customers are attributed to geographic areas based upon the location from which the product was shipped from the Company to the customer. | | | | | | | | | | | | | | | | | | | | | | | | Year Ended March 31, | | | | 2024 | | 2023 | | 2022 | | Total assets: | | | | | | | | United States | | $ | 1,129,237 | | | $ | 1,127,321 | | | $ | 1,105,956 | | | Germany | | 553,103 | | | 417,167 | | | 422,671 | | | Europe, Middle East, and Africa (Excluding Germany) | | 90,921 | | | 81,413 | | | 85,678 | | | Canada | | 9,606 | | | 12,668 | | | 15,651 | | | Asia Pacific | | 14,094 | | | 16,063 | | | 18,575 | | | Latin America | | 28,984 | | | 43,823 | | | 37,176 | | | Total | | $ | 1,825,945 | | | $ | 1,698,455 | | | $ | 1,685,707 | |
| | | | | | | | | | | | | | | | | | | | | | | | Year Ended March 31, | | | | 2024 | | 2023 | | 2022 | | Long-lived assets: | | | | | | | | United States | | $ | 781,232 | | | $ | 791,835 | | | $ | 811,276 | | | Germany | | 407,136 | | | 295,233 | | | 312,288 | | | Europe, Middle East, and Africa (Excluding Germany) | | 8,156 | | | 8,254 | | | 7,416 | | | Canada | | 1,190 | | | 1,267 | | | 1,446 | | | Asia Pacific | | 2,058 | | | 2,207 | | | 2,574 | | | Latin America | | 2,591 | | | 2,730 | | | 2,563 | | | Total | | $ | 1,202,363 | | | $ | 1,101,526 | | | $ | 1,137,563 | |
Note: Long-lived assets include net property, plant, and equipment, goodwill, and other intangibles, net.
| | | | | | | | | | | | | | | | | | | | | | Sales by major product group are as follows: | | Year Ended March 31, | | | | 2024 | | 2023 | | 2022 | | Hoists | | $ | 494,726 | | | $ | 456,300 | | | $ | 432,524 | | | High Precision Conveyors | | 163,462 | | | 149,586 | | | 144,587 | | | Chain and rigging tools | | 74,075 | | | 76,990 | | | 83,461 | | | Industrial cranes | | 39,520 | | | 38,369 | | | 43,482 | | | Actuators and rotary unions | | 97,303 | | | 84,663 | | | 84,999 | | | Digital power control and delivery systems | | 122,344 | | | 102,962 | | | 98,445 | | | Elevator application drive systems | | 22,110 | | | 27,370 | | | 19,057 | | | Total | | $ | 1,013,540 | | | $ | 936,240 | | | $ | 906,555 | |
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