Columbus McKinnon (CMCO) 10-Q 23 Jan 14 2014 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	9 Months Ended
	Dec. 31, 2013	Jan. 20, 2014
Document Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Document Period End Date	31-Dec-13	'
Amendment Flag	'false	'
Entity Registrant Name	'Columbus McKinnon Corporation	'
Entity Central Index Key	'0001005229	'
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'
Current Fiscal Year End Date	'--03-31	'
Entity Filer Category	'Accelerated Filer	'
Entity Well Known Seasoned Issuer	'No	'
Entity Common Stock Shares Outstanding	'	19,741,089
Entity Public Float	$515,045,012	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Dec. 31, 2013	Mar. 31, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$123,868	$121,660
Trade accounts receivable	75,555	80,224
Inventories	105,158	94,189
Prepaid expenses and other	19,639	17,905
Total current assets	324,220	313,978
Property, plant, and equipment, net	72,063	65,698
Goodwill	112,280	105,354
Other intangibles, net	12,638	13,395
Marketable securities	22,187	23,951
Deferred taxes on income	39,692	37,205
Other assets	6,490	7,286
Total assets	589,570	566,867
Current liabilities:	'	'
Trade accounts payable	30,126	34,329
Accrued liabilities	57,231	48,884
Current portion of long term debt	1,138	1,024
Total current liabilities	88,495	84,237
Senior debt, less current portion	2,060	2,641
Subordinated debt	148,618	148,412
Other non current liabilities	82,300	91,590
Total liabilities	321,473	326,880
Shareholders' equity:	'	'
Voting common stock; 50,000,000 shares authorized; 19,735,761 and 19,507,939 shares issued and outstanding	197	195
Additional paid in capital	196,226	192,308
Retained earnings	124,997	104,191
ESOP debt guarantee	-244	-552
Accumulated other comprehensive loss	-53,079	-56,155
Total shareholders' equity	268,097	239,987
Total liabilities and shareholders' equity	$589,570	$566,867

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical)	Dec. 31, 2013	Mar. 31, 2013
Common Stock Shares Authorized	50,000,000,000	'
Common Stock Shares Issued	19,735,761,000	19,507,939,000

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations and Retained Earnings (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Revenues [Abstract]	'	'	'	'
Net sales	$145,072	$153,225	$422,815	$452,710
Cost of products sold	102,075	109,428	292,067	322,687
Gross profit	42,997	43,797	130,748	130,023
Operating Expenses [Abstract]	'	'	'	'
Selling expenses	16,188	16,390	50,216	49,204
General and administrative expenses	15,230	12,725	42,247	39,448
Amortization of intangibles	478	493	1,463	1,481
Total operating expenses	31,896	29,608	93,926	90,133
Income from operations	11,101	14,189	36,822	39,890
Other Income & Expenses [Abstract]	'	'	'	'
Interest and debt expense	3,395	3,413	10,138	10,418
Investment income	-254	-354	-746	-1,017
Foreign currency exchange loss (gain)	568	293	988	147
Other income, net	-147	65	-1,319	-429
Income before income tax expense	7,539	10,772	27,761	30,771
Income Tax Expense Benefit [Abstract]	'	'	'	'
Income tax expense	875	1,193	6,955	4,504
Net income	6,664	9,579	20,806	26,267
Retained Earnings Accumulated Deficit [Abstract]	'	'	'	'
Retained earnings - beginning of period	118,333	42,583	104,191	25,895
Retained earnings - end of period	$124,997	$52,162	$124,997	$52,162
Weighted Average Number Of Shares Outstanding Basic [Abstract]	'	'	'	'
Average basic shares outstanding	19,691,000	19,451,000	19,622,000	19,406,000
Weighted Average Number Of Shares Outstanding [Abstract]	'	'	'	'
Average diluted shares outstanding	20,019,000	19,697,000	19,915,000	19,620,000
Earnings Per Share Basic [Abstract]	'	'	'	'
Net income	$0.34	$0.49	$1.06	$1.35
Earnings Per Share Diluted [Abstract]	'	'	'	'
Net income	$0.33	$0.49	$1.04	$1.34

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (USD $)	3 Months Ended				9 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2013		Dec. 31, 2012
Net income	$6,664		$9,579		$20,806		$26,267
Other comprehensive income (loss), net of tax:	'		'		'		'
Foreign currency translation adjustments	871		2,628		3,806		-49
Change in derivatives qualifying as hedges, net of taxes of $30, ($89), $138, and ($158)	88	[1]	-138	[1]	279	[1]	-326	[1]
Change in pension liability and postretirement obligation	-11		-24		-131		9
Adjustments for unrealized gain on investments:	'		'		'		'
Unrealized holding gain (loss) arising during the period, net of tax	262	[1]	194	[1]	120	[1]	489	[1]
Reclassification adjustment for (gain) loss included in net income, net of taxes of $19, $0, $538, and $0	-36	[1]	-253	[1]	-998	[1]	-400	[1]
Net change in unrealized (gain) loss on investments	226		-59		-878		89
Total other comprehensive income (loss)	1,174		2,407		3,076		-277
Comprehensive income	$7,838		$11,986		$23,882		$25,990
[1]	The zero net deferred tax benefit related to the unrealized holding gains and losses and reclassification adjustments on investments during the three and nine month periods ended December 31, 2012 is related to the deferred tax asset valuation allowanceB that was recorded in that period.

Consolidated_Statements_of_Com1

Consolidated Statements of Comprehensive Income Consolidated Statements of Comprehensive Income (Parenthetical) (USD $)	3 Months Ended				9 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2013		Dec. 31, 2012
Change in derivatives qualifying as hedges, taxes	$30	[1]	($89)	[1]	$138	[1]	($158)	[1]
Unrealized holding (loss) gain arising during the period, taxes	141	[1]	0	[1]	65	[1]	0	[1]
Reclassification adjustment for (gain) loss included in net income, taxes	$19	[1]	$0	[1]	$538	[1]	$0	[1]
[1]	The zero net deferred tax benefit related to the unrealized holding gains and losses and reclassification adjustments on investments during the three and nine month periods ended December 31, 2012 is related to the deferred tax asset valuation allowanceB that was recorded in that period.

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Operating activities:	'	'
Net income	$20,806	$26,267
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation and amortization	9,566	9,116
Deferred income taxes and related valuation allowance	-1,773	153
Gain on sale of real estate, investments, and other	-1,629	-493
Stock-based compensation	2,707	2,474
Amortization of deferred financing costs and discount on subordinated debt	655	288
Changes in operating assets and liabilities, net of effects of business acquisition:	'	'
Trade accounts receivable	6,572	9,330
Inventories	-8,927	4,129
Prepaid expenses	-1,588	-345
Other assets	534	415
Trade accounts payable	-4,753	-8,835
Accrued and non-current liabilities	-4,212	-16,212
Net cash provided by operating activities	17,958	26,287
INVESTING ACTIVITIES:	'	'
Proceeds from sale of marketable securities	5,444	4,907
Purchases of marketable securities	-3,611	-2,724
Capital expenditures	-13,484	-7,139
Purchase of business	-5,847	0
Proceeds from sale of assets	0	2,357
Net cash used for investing activities	-17,498	-2,599
FINANCING ACTIVITIES:	'	'
Proceeds from exercise of stock options	1,464	232
Net payments under lines-of-credit	-7	-52
Repayment of debt	-566	-592
Payments of Financing Costs	0	-684
Change in ESOP guarantee	308	318
Net cash provided by (used for) financing activities	1,199	-778
Effect of exchange rate changes on cash	549	-446
Net change in cash and cash equivalents	2,208	22,464
Cash and cash equivalents at beginning of period	121,660	89,473
Cash and cash equivalents at end of period	123,868	111,937
Supplementary cash flow data:	'	'
Interest paid	6,845	7,274
Income taxes paid, net of refunds	$9,572	$3,591

Description_of_Business

Description of Business	9 Months Ended
	Dec. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Description of Business	'
	Description of Business
	The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation of the financial position of Columbus McKinnon Corporation (the Company) at December 31, 2013, the results of its operations for the three and nine month periods ended December 31, 2013 and December 31, 2012, and cash flows for the nine months ended December 31, 2013 and December 31, 2012, have been included. Results for the period ended December 31, 2013 are not necessarily indicative of the results that may be expected for the year ending March 31, 2014. The balance sheet at March 31, 2013 has been derived from the audited consolidated financial statements at that date, but does not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements. For further information, refer to the consolidated financial statements and footnotes thereto included in the Columbus McKinnon Corporation annual report on Form 10-K for the year ended March 31, 2013.
	The Company is a leading designer, marketer and manufacturer of material handling products and services which efficiently and safely move, lift, position and secure material. Key products include hoists, rigging tools, cranes, and actuators. The Company’s material handling products are sold globally, principally to third party distributors through diverse distribution channels, and to a lesser extent directly to end-users. During the three and nine months ended December 31, 2013, approximately 54% and 57% of sales, respectively were to customers in the U.S.

Divestitures

Divestitures	9 Months Ended
	Dec. 31, 2013
Discontinued Operations and Disposal Groups [Abstract]	'
Divestitures	'
	Divestitures
	During the fiscal 2013 nine months ending December 31, 2012, the Company sold certain assets of the Gaffey division of Crane Equipment and Service, Inc.  The sale of the Gaffey assets did not have a material effect on the Company’s financial statements for year ended March 31, 2013 and therefore was not reclassified as a discontinued operation.

Acquisitions

Acquisitions	9 Months Ended
	Dec. 31, 2013
Business Combination, Step Acquisition [Abstract]	'
Acquisitions	'
	Acquisitions
	On June 1, 2013, the Company acquired 100% of the outstanding common shares of Hebetechnik Gesellschaft m.b.H (“Hebetechnik”) located in Austria, a privately owned company with annual sales of approximately $10,000,000. Hebetechnik has been a value-added partner of the Company in the lifting industry in the Austrian market for over 20 years. The results of Hebetechnik are included in the Company’s condensed consolidated financial statements from the date of acquisition. The acquisition of Hebetechnik is not considered significant to the Company’s consolidated financial position and results of operations.
	The acquisition was funded with existing cash. The purchase price has been preliminarily allocated to the assets acquired and liabilities assumed as of the date of acquisition.  The excess consideration of $5,324,000 was recorded as goodwill.  The identifiable intangible asset consists of order backlog at the date of the acquisition and is estimated to have a three month useful life. Goodwill recorded in connection with the acquisition will be deductible for Austrian tax purposes. The preliminary assignment of purchase consideration to the assets acquired and liabilities assumed, pending finalization of the determination of the fair values of the net assets acquired, is as follows (in thousands):
	Working capital	$	212
	Other current assets	58
	Property, plant and equipment	446
	Goodwill	5,324
	Long term debt	(193		)
	Total	$	5,847

Fair_Value_Measurements

Fair Value Measurements	9 Months Ended
	Dec. 31, 2013
Fair Value Disclosures [Abstract]	'
Fair Value Measurements	'
	Fair Value Measurements
	Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 820 “Fair Value Measurements and Disclosures” establishes the standards for reporting financial assets and liabilities and nonfinancial assets and liabilities that are recognized or disclosed at fair value on a recurring basis (at least annually). Under these standards, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (i.e., the "exit price") in an orderly transaction between market participants at the measurement date.
	ASC Topic 820-10-35-37 establishes a hierarchy for inputs that may be used to measure fair value. Level 1 is defined as quoted prices in active markets that the Company has the ability to access for identical assets or liabilities. The fair value of the Company’s marketable securities is based on Level 1 inputs. Level 2 is defined as quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets. Level 3 inputs are unobservable inputs based on the Company’s own assumptions used to measure assets and liabilities at fair value. The Company primarily uses readily observable market data in conjunction with internally developed discounted cash flow valuation models when valuing its derivative portfolio and, consequently, the fair value of the Company’s derivatives is based on Level 2 inputs.  The Company uses quoted prices in an inactive market when valuing its Subordinated Debt, represented by the 7 7/8% Notes due 2019, registered under the Securities Act of 1933, as amended (unregistered 7 7/8% Notes) and, consequently, the fair value is based on Level 2 inputs. The carrying value of the Company’s senior debt approximates fair value based on current market interest rates for debt instruments of similar credit standing and, consequently, its fair value is based on Level 2 inputs. As of December 31, 2013 and March 31, 2013, the Company’s assets and liabilities measured or disclosed at fair value on recurring bases were as follows (in thousands):
		Fair value measurements at reporting date using
		December 31,			Quoted prices in active markets for identical assets		Significant other observable inputs			Significant unobservable inputs
	Description	2013			(Level 1)		(Level 2)			(Level 3)
	Assets/(Liabilities) measured at fair value:
	Marketable securities	$	22,187		$	22,187	$	—		$	—
	Derivative liabilities	(219		)	—		(219		)	—
	Liabilities disclosed at fair value:
	Subordinated debt	$	(160,500	)	$	—	$	(160,500	)	$	—
	Senior debt	(3,198		)	—		(3,198		)	—
		Fair value measurements at reporting date using
		March 31,			Quoted prices in active markets for identical assets		Significant other observable inputs			Significant unobservable inputs
	Description	2013			(Level 1)		(Level 2)			(Level 3)
	Assets/(Liabilities) measured at fair value:
	Marketable securities	$	23,951		$	23,951	$	—		$	—
	Derivative liabilities	(512		)	—		(512		)	—
	Other equity investments	1,508			1,508		—			—
	Liabilities disclosed at fair value:
	Subordinated debt	$	(160,500	)	$	—	$	(160,500	)	$	—
	Senior debt	(3,665		)	—		(3,665		)	—
	The carrying amount of these financial assets and liabilities are the same as their fair value with the exception of the subordinated debt whose carrying value is a liability of $148,618,000 at December 31, 2013 and $148,412,000 at March 31, 2013.
	Assets and liabilities that were measured on a non-recurring basis during the period ended December 31, 2013 include assets and liabilities acquired in connection with the acquisition of Hebetechnik described in Note 3. The estimated fair values allocated to the assets acquired and liabilities assumed relied upon fair value measurements based primarily on Level 3 inputs. The valuation techniques used to allocate fair values to working capital items; property, plant, and equipment; and identifiable intangible assets included the cost approach, market approach, and other income approaches.  The valuation techniques relied on a number of inputs which included the cost and condition of property, plant, and equipment and forecasted net sales and income.

Inventories

Inventories	9 Months Ended
	Dec. 31, 2013
Inventory Disclosure [Abstract]	'
Inventories	'
	Inventories
	Inventories consisted of the following (in thousands):
		December 31,			March 31,
		2013			2013
	At cost - FIFO basis:
	Raw materials	$	56,999		$	52,900
	Work-in-process	16,011			10,813
	Finished goods	52,310			50,722
		125,320			114,435
	LIFO cost less than FIFO cost	(20,162		)	(20,246		)
	Net inventories	$	105,158		$	94,189
	An actual valuation of inventory under the LIFO method can be made only at the end of each year based on the inventory levels and costs at that time. Accordingly, interim LIFO calculations must necessarily be based on management's estimates of expected year-end inventory levels and costs. Because these are subject to many factors beyond management's control, estimated interim results are subject to change in the final year-end LIFO inventory valuation.

Marketable_Securities

Marketable Securities	9 Months Ended
	Dec. 31, 2013
Marketable Securities [Abstract]	'
Marketable Securities	'
	Marketable Securities
	All of the Company’s marketable securities, which consist of equity securities and fixed income securities, have been classified as available-for-sale securities and are therefore recorded at their fair values with the unrealized gains and losses, net of tax, reported in accumulated other comprehensive loss in the shareholders’ equity section of the balance sheet unless unrealized losses are deemed to be other than temporary. In such instances, the unrealized losses are reported in the consolidated statements of operations and retained earnings within investment income. Estimated fair value is based on published trading values at the balance sheet dates. The cost of securities sold is based on the specific identification method. Interest and dividend income are included in investment income in the consolidated statements of operations and retained earnings.
	The marketable securities are carried as long-term assets since they are held for the settlement of the Company’s general and products liability insurance claims filed through CM Insurance Company, Inc., a wholly owned captive insurance subsidiary.  The marketable securities are not available for general working capital purposes.
	In accordance with ASC Topic 320-10-35-30 “Investments – Debt & Equity Securities – Subsequent Measurement,” the Company reviews its marketable securities for declines in market value that may be considered other-than-temporary. The Company generally considers market value declines to be other-than-temporary if there are declines for a period longer than six months and in excess of 20% of original cost, or when other evidence indicates impairment.  We also consider the nature of the underlying investments, our intent and ability to hold the investments until their market values recover, and other market conditions in making this assessment.  There were no other-than-temporary impairments for the three and nine months ended December 31, 2013 or December 31, 2012.
	The following is a summary of available-for-sale securities at December 31, 2013 (in thousands):
		Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
	Marketable securities	$	20,016	$	2,440	$	269	$	22,187
	The aggregate fair value of investments and unrealized losses on available-for-sale securities in an unrealized loss position at December 31, 2013 are as follows (in thousands):
		Aggregate Fair Value		Unrealized Losses
	Securities in a continuous loss position for less than 12 months	$	8,171	$	269
	Securities in a continuous loss position for more than 12 months	—		—
		$	8,171	$	269
	Net realized gains related to sales of marketable securities were $55,000 and $147,000, in the three month periods ended December 31, 2013 and December 31, 2012, respectively and $182,000 and $399,000 for the nine month periods then ended, respectively.
	In addition to the above, during the nine months ended December 31, 2013 the Company sold certain equity securities previously recorded on the Condensed Consolidated Balance Sheets in prepaid expenses and other resulting in a gain of $1,354,000. There were no similar sales during the three months ended December 31, 2013. This gain has been recorded within other (income) expense, net in the condensed consolidated statements of operations and retained earnings.
	The following is a summary of available-for-sale securities at March 31, 2013 (in thousands):
		Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
	Marketable securities	$	21,635	$	2,335	$	19	$	23,951

Goodwill_and_Intangible_Assets

Goodwill and Intangible Assets	9 Months Ended
	Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Goodwill and Intangible Assets	'
	Goodwill and Intangible Assets
	Goodwill is not amortized but is tested for impairment at least annually, in accordance with the provisions of ASC Topic 350-20-35-1. Goodwill impairment is deemed to exist if the net book value of a reporting unit exceeds its estimated fair value.  The fair value of a reporting unit is determined using a discounted cash flow methodology.  The Company’s reporting units are determined based upon whether discrete financial information is available and reviewed regularly, whether those units constitute a business, and the extent of economic similarities between those reporting units for purposes of aggregation.  The Company’s reporting units identified under ASC Topic 350-20-35-33 are at the component level, or one level below the reporting segment level as defined under ASC Topic 280-10-50-10 “Segment Reporting – Disclosure.” The Company has four reporting units.  Only two of the four reporting units carry goodwill at December 31, 2013 and March 31, 2013.
	When we evaluate the potential for goodwill impairment, we assess a range of qualitative factors including, but not limited to, macroeconomic conditions, industry conditions, the competitive environment, changes in the market for our products and services, regulatory and political developments, entity specific factors such as strategy and changes in key personnel and overall financial performance. If, after completing this assessment, it is determined that it is more likely than not that the fair value of a reporting unit is less than its carrying value, we proceed to a two-step impairment test.
	In accordance with ASC Topic 350-20-35-3, the measurement of impairment of goodwill consists of two steps. In the first step, the Company compares the fair value of each reporting unit to its carrying value. As part of the impairment analysis, the Company determines the fair value of each of its reporting units with goodwill using the income approach. The income approach uses a discounted cash flow methodology to determine fair value. This methodology recognizes value based on the expected receipt of future economic benefits. Key assumptions in the income approach include a free cash flow projection, an estimated discount rate, a long-term growth rate and a terminal value. These assumptions are based upon the Company’s historical experience, current market trends and future expectations.
	We performed our qualitative assessment during the fourth quarter of fiscal year 2013 and determined it was not more likely than not that the fair value of each of our reporting units was less than its applicable carrying value. Accordingly, we did not perform the two-step goodwill impairment test for any of our reporting units.
	Future impairment indicators, such as declines in forecasted cash flows, may cause additional significant impairment charges. Impairment charges could be based on such factors as the Company’s stock price, forecasted cash flows, assumptions used, control premiums or other variables.
	A summary of changes in goodwill during the nine months ended December 31, 2013 is as follows (in thousands):
	Balance at April 1, 2013	$	105,354
	Acquisition of Hebetechnik (See Note 3)	5,324
	Currency translation	1,602
	Balance at December 31, 2013	$	112,280
	Identifiable intangible assets acquired in a business combination are amortized over their useful lives unless their useful lives are indefinite, in which case those intangible assets are tested for impairment annually (or upon identification of impairment indicators) and not amortized until their lives are determined to be finite.
	Identifiable intangible assets are summarized as follows (in thousands):
			December 31, 2013							March 31, 2013
			Gross		Accumulated			Net		Gross		Accumulated			Net
			Carrying		Amortization					Carrying		Amortization
			Amount							Amount
	Trademark		$	5,958	$	(1,714	)	$	4,244	$	5,556	$	(1,370	)	$	4,186
	Customer relationships		15,126		(7,388		)	7,738		14,166		(5,894		)	8,272
	Other		949		(293		)	656		1,235		(298		)	937
	Total		$	22,033	$	(9,395	)	$	12,638	$	20,957	$	(7,562	)	$	13,395
	Based on the current amount of identifiable intangible assets, the estimated amortization expense for each of the fiscal years 2014 through 2018 is expected to be approximately $1,900,000.

Derivative_Instruments

Derivative Instruments	9 Months Ended
	Dec. 31, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Derivative Instruments	'
	Derivative Instruments
	The Company uses derivative instruments to manage selected foreign currency exposures. The Company does not use derivative instruments for speculative trading purposes. All derivative instruments must be recorded on the balance sheet at fair value. For derivatives designated as cash flow hedges, the effective portion of changes in the fair value of the derivative is recorded as accumulated other comprehensive gain (loss), or “AOCL”, and is reclassified to earnings when the underlying transaction has an impact on earnings. The ineffective portion of changes in the fair value of the derivative is reported in foreign currency exchange loss (gain) in the Company’s condensed consolidated statement of operations and retained earnings. For derivatives not classified as cash flow hedges, all changes in market value are recorded as a foreign currency exchange loss (gain) in the Company’s condensed consolidated statements of operations and retained earnings.
	The Company has foreign currency forward agreements in place to hedge changes in the value of recorded foreign currency liabilities due to changes in foreign exchange rates at the settlement date. The notional amount of those derivatives is $2,791,000 and all contracts mature within six months. These contracts are marked to market each balance sheet date and are not designated as hedges.
	The Company has foreign currency forward agreements that are designated as cash flow hedges to hedge a portion of forecasted inventory purchases and sales, including multi-year contracts related to capital project sales, denominated in a foreign currency. The notional amount of those derivatives is $7,718,000 and all contracts mature within fourteen months of December 31, 2013.
	The Company is exposed to credit losses in the event of non performance by the counterparties on its financial instruments. All counterparties have investment grade credit ratings. The Company anticipates that these counterparties will be able to fully satisfy their obligations under the contracts. The Company has derivative contracts with two different counterparties as of December 31, 2013.
	The following is the effect of derivative instruments on the condensed consolidated statement of operations and retained earnings for the three months ended December 31, 2013 and 2012 (in thousands):
	December 31,		Derivatives Designated as Cash Flow  Hedges		Amount of Gain or (Loss) Recognized in Other Comprehensive Income (Loss) on Derivatives (Effective Portion)			Location of Gain or (Loss) Recognized in Income on Derivatives		Amount of Gain or (Loss) Reclassified from AOCL into Income (Effective Portion)
	2013		Foreign exchange contracts		$	(2	)	Cost of products sold		$	(90	)
	2012		Foreign exchange contracts		(128		)	Cost of products sold		10
	December 31,	Derivatives Not Designated as Hedging Instruments	Location of Gain (Loss) Recognized in Income on Derivatives	Amount of Gain (Loss) Recognized in Income on Derivatives
	2013	Foreign exchange contracts	Foreign currency exchange loss	$	(134	)
	2012	Foreign exchange contracts	Foreign currency exchange loss	(276		)
	The following is the effect of derivative instruments on the condensed consolidated statement of operations and retained earnings for the nine months ended December 31, 2013 and 2012 (in thousands):
	December 31,		Derivatives Designated as Cash Flow  Hedges		Amount of Gain or (Loss) Recognized in Other Comprehensive Income (Loss) on Derivatives (Effective Portion)			Location of Gain or (Loss) Recognized in Income on Derivatives		Amount of Gain or (Loss) Reclassified from AOCL into Income (Effective Portion)
	2013		Foreign exchange contracts		$	114		Cost of products sold		$	(165	)
	2012		Foreign exchange contracts		(201		)	Cost of products sold		125
	December 31,	Derivatives Not Designated as Hedging Instruments	Location of Gain (Loss) Recognized in Income on Derivatives	Amount of Gain (Loss) Recognized in Income on Derivatives
	2013	Foreign exchange contracts	Foreign currency exchange loss	$	(204	)
	2012	Foreign exchange contracts	Foreign currency exchange gain	258
	As of December 31, 2013, the Company had no derivatives designated as net investments or fair value hedges in accordance with ASC Topic 815, “Derivatives and Hedging.”
	The following is information relative to the Company’s derivative instruments in the condensed consolidated balance sheet as of December 31, 2013 (in thousands):
					Fair Value of Asset (Liability)
	Derivatives Designated as Hedging Instruments		Balance Sheet Location		December 31, 2013			March 31,
								2013
	Foreign exchange contracts		Other Assets		$	190		$	8
	Foreign exchange contracts		Accrued Liabilities		$	(196	)	$	(511	)
	Derivatives Not Designated as Hedging Instruments		Balance Sheet Location		December 31, 2013			March 31,
								2013
	Foreign exchange contracts		Other Assets		$	—		$	95
	Foreign exchange contracts		Accrued Liabilities		$	(213	)	$	(104	)

Debt

Debt	9 Months Ended
	Dec. 31, 2013
Debt Disclosure [Abstract]	'
Debt	'
	Debt
	The Company entered into a fifth amended, restated and expanded revolving credit facility dated October 19, 2012 (New Revolving Credit Facility). The New Revolving Credit Facility provides availability up to a maximum of $100,000,000 and has an initial term ending October 31, 2017.
	Provided there is no default, the Company may request an increase in the availability of the New Revolving Credit Facility by an amount not exceeding $75,000,000, subject to lender approval. The unused portion of the New Revolving Credit Facility totaled $93,072,000 net of outstanding borrowings of $0 and outstanding letters of credit of $6,928,000 as of December 31, 2013. The outstanding letters of credit at December 31, 2013 consisted of $2,299,000 in commercial letters of credit and $4,629,000 of standby letters of credit. Interest on the revolver is payable at varying Eurodollar rates based on LIBOR plus an applicable margin of 100 basis points or at a Base Rate (equivalent to a fluctuating rate per annum equal to the higher of (a) the Federal Funds Rate plus 1/2 of 1% and (b) the rate of interest in effect for such day as publicly announced from time to time by Bank of America as its “prime rate.”) plus 0 basis points.  The applicable margin is determined based on the pricing grid in the New Revolving Credit Facility which varies based on the Company’s total leverage ratio at December 31, 2013. The New Revolving Credit Facility is secured by all U.S. inventory, receivables, equipment, real property, subsidiary stock (limited to 65% of non-U.S. subsidiaries) and intellectual property.
	The corresponding credit agreement associated with the New Revolving Credit Facility places certain debt covenant restrictions on the Company, including certain financial requirements and restrictions on dividend payments, with which the Company was in compliance as of December 31, 2013. Key financial covenants include a minimum fixed charge coverage ratio of 1.25x, a maximum total leverage ratio, net of cash, of 3.50x and maximum annual capital expenditures of $30,000,000.
	In connection with the execution of the New Revolving Credit Facility, it was determined that the borrowing capacity of each lender participating in this new agreement exceeded their borrowing capacities prior to the amendment.  As a result, unamortized deferred financing costs associated with the agreement prior to its amendment remain deferred and are being amortized over the term of the New Revolving Credit Facility. Fees and other costs paid to execute the New Revolving Credit Facility totaling $684,000 were recorded as additional deferred financing costs and are being amortized over the term of the New Revolving Credit Facility.
	At March 31, 2012, the Company had entered into an amended, restated and expanded revolving credit facility dated December 31, 2009. The Revolving Credit Facility provided availability up to a maximum of $85,000,000 and had an initial term ending December 31, 2013. The Revolving Credit Facility was replaced by the New Revolving Credit Facility on October 19, 2012. On January 25, 2011, the Company issued $150,000,000 principal amount of 7 7/8% Senior Subordinated Notes due 2019 in a private placement pursuant to Rule 144A under the Securities Act of 1933, as amended (Unregistered 7 7/8% Notes). The offering price of the Unregistered 7 7/8% Notes was 98.545% of par after adjustment for original issue discount.
	Provisions of the Unregistered 7 7/8% Notes include, without limitation, restrictions on indebtedness, asset sales, and dividends and other restricted payments. Until February 1, 2014, the Company may redeem up to 35% of the outstanding Unregistered 7 7/8% Notes at a redemption price of 107.875% with the proceeds of equity offerings, subject to certain restrictions. On or after February 1, 2015, the Unregistered 7 7/8% Notes are redeemable at the option of the Company, in whole or in part, at a redemption price of 103.938%, reducing to 101.969% and 100% on February 1, 2016 and February 1, 2017, respectively and are due February 1, 2019. In the event of a Change of Control (as defined in the indenture for such notes), each holder of the Unregistered 7 7/8% Notes may require the Company to repurchase all or a portion of such holder’s Unregistered 7 7/8% Notes at a purchase price equal to 101% of the principal amount thereof. The Unregistered 7 7/8% Notes are guaranteed by certain existing and future U.S. subsidiaries and are not subject to any sinking fund requirements.
	On June 2, 2011 the Company exchanged $150,000,000 of its outstanding Unregistered 7 7/8% Notes due 2019 for a like principal amount of its 7 7/8% Notes.  All of the Unregistered 7 7/8% Senior Subordinated Notes due 2019 were exchanged in the transaction. The 7 7/8% Notes contain identical terms and provisions as the Unregistered 7 7/8% Notes.
	The current and long term portion of the Company’s other senior debt consists primarily of capital lease obligations.
	Unsecured and uncommitted lines of credit are available to meet short-term working capital needs for certain of our subsidiaries operating outside of the U.S. The lines of credit are available on an offering basis, meaning that transactions under the line of credit will be on such terms and conditions, including interest rate, maturity, representations, covenants and events of default, as mutually agreed between our subsidiaries and the local bank at the time of each specific transaction. As of December 31, 2013, unsecured credit lines totaled approximately $6,872,000, of which $0 was drawn. In addition, unsecured lines of $13,400,000 were available for bank guarantees issued in the normal course of business of which $6,964,000 was utilized. Finally, in addition to the above facilities, one of our foreign subsidiaries has a credit line secured by a parent company guarantee. This credit line provides availability of up to $991,000, of which $0 was drawn as of December 31, 2013.
	Refer to the Company’s consolidated financial statements included in its annual report on Form 10-K for the year ended March 31, 2013 for further information on its debt arrangements.

Net_Periodic_Benefit_Cost

Net Periodic Benefit Cost	9 Months Ended
	Dec. 31, 2013
Compensation and Retirement Disclosure [Abstract]	'
Net Periodic Benefit Cost	'
	Net Periodic Benefit Cost
	The following table sets forth the components of net periodic pension cost for the Company’s defined benefit pension plans (in thousands):
		Three months ended						Nine months ended
		December 31, 2013			December 31, 2012			December 31, 2013			December 31, 2012
	Service costs	$	610		$	623		$	1,863		$	1,869
	Interest cost	2,472			2,481			7,299			7,443
	Expected return on plan assets	(3,155		)	(2,803		)	(9,469		)	(8,410		)
	Net amortization	1,720			1,558			4,879			4,675
	Net periodic pension cost	$	1,647		$	1,859		$	4,572		$	5,577
	The Company currently plans to contribute approximately $11,000,000 to its pension plans in fiscal 2014. Most of these payments have been made as of December 31, 2013.
	The following table sets forth the components of net periodic postretirement benefit cost for the Company’s defined benefit postretirement plans (in thousands):
		Three months ended						Nine months ended
		December 31, 2013			December 31, 2012			December 31, 2013			December 31, 2012
	Interest cost	$	66		$	78		$	191		$	234
	Amortization of plan net losses	33			36			76			107
	Net periodic postretirement cost	$	99		$	114		$	267		$	341
	For additional information on the Company’s defined benefit pension and postretirement benefit plans, refer to the consolidated financial statements included in the Company’s annual report on Form 10-K for the year ended March 31, 2013.

Earnings_Per_Share

Earnings Per Share	9 Months Ended
	Dec. 31, 2013
Earnings Per Share [Abstract]	'
Earnings Per Share	'
	Earnings Per Share
	The following table sets forth the computation of basic and diluted earnings per share (in thousands):
		Three Months Ended				Nine months ended
		December 31, 2013		December 31, 2012		December 31, 2013		December 31, 2012
	Numerator for basic and diluted earnings per share:
	Net income	$	6,664	$	9,579	$	20,806	$	26,267
	Denominators:
	Weighted-average common stock outstanding – denominator for basic EPS	19,691		19,451		19,622		19,406
	Effect of dilutive employee stock options and other share-based awards	328		246		293		214
	Adjusted weighted-average common stock outstanding and assumed conversions – denominator for diluted EPS	20,019		19,697		19,915		19,620
	Stock options and performance shares with respect to 16,000 and 275,000 common shares for the three month periods ended December 31, 2013 and 2012, respectively, and 16,000 and 275,000 common shares for the nine month periods ended December 31, 2013 and 2012, respectively were not included in the computation of diluted earnings per share because they were antidilutive.
	On July 26, 2010, the shareholders of the Company approved the 2010 Long Term Incentive Plan (“LTIP”).  The Company grants share based compensation to eligible participants under the LTIP.  The total number of shares of common stock with respect to which awards may be granted under the plan is 1,250,000 including shares not previously authorized for issuance under any of the Prior Stock Plans and any shares not issued or subject to outstanding awards under the Prior Stock Plans.
	During the first nine months of fiscal 2014 and 2013, a total of 159,594 and 30,798 shares of stock were issued upon the exercising of stock options related to the Company’s stock option plans. During the fiscal year ended March 31, 2013, 58,539 shares of restricted stock units vested and were issued.
	Refer to the Company’s consolidated financial statements included in its Form 10-K for the year ended March 31, 2013 for further information on its earnings per share and stock plans.

Loss_Contingencies

Loss Contingencies	9 Months Ended
	Dec. 31, 2013
Loss Contingency [Abstract]	'
Loss Contingencies	'
	Loss Contingencies
	Like many industrial manufacturers, the Company is involved in asbestos-related litigation.  In continually evaluating costs relating to its estimated asbestos-related liability, the Company reviews, among other things, the incidence of past and recent claims, the historical case dismissal rate, the mix of the claimed illnesses and occupations of the plaintiffs, its recent and historical resolution of the cases, the number of cases pending against it, the status and results of broad-based settlement discussions, and the number of years such activity might continue. Based on this review, the Company has estimated its share of liability to defend and resolve probable asbestos-related personal injury claims. This estimate is highly uncertain due to the limitations of the available data and the difficulty of forecasting with any certainty the numerous variables that can affect the range of the liability. The Company will continue to study the variables in light of additional information in order to identify trends that may become evident and to assess their impact on the range of liability that is probable and estimable.
	Based on actuarial information, the Company has estimated its asbestos-related aggregate liability including related legal costs to range between $7,000,000 and $12,000,000 using actuarial parameters of continued claims for a period of 18 to 30 years from December 31, 2013.  The Company's estimation of its asbestos-related aggregate liability that is probable and estimable, in accordance with U.S. generally accepted accounting principles approximates $9,200,000, which has been reflected as a liability in the consolidated financial statements as of December 31, 2013. The recorded liability does not consider the impact of any potential favorable federal legislation. This liability will fluctuate based on the uncertainty in the number of future claims that will be filed and the cost to resolve those claims, which may be influenced by a number of factors, including the outcome of the ongoing broad-based settlement negotiations, defensive strategies, and the cost to resolve claims outside the broad-based settlement program. Of this amount, management expects to incur asbestos liability payments of approximately $2,000,000 over the next 12 months. Because payment of the liability is likely to extend over many years, management believes that the potential additional costs for claims will not have a material effect on the financial condition of the Company or its liquidity, although the effect of any future liabilities recorded could be material to earnings in a future period.
	The Company is also involved in other unresolved legal actions that arise in the normal course of business. The most prevalent of these unresolved actions involve disputes related to product design, manufacture and performance liability. The Company's estimation of its product-related aggregate liability that is probable and estimable, in accordance with U.S. generally accepted accounting principles approximates $5,600,000, which has been reflected as a liability in the consolidated financial statements as of December 31, 2013. In some cases, we cannot reasonably estimate a range of loss because there is insufficient information regarding the matter.  Management believes that the potential additional costs for claims will not have a material effect on the financial condition of the Company or its liquidity, although the effect of any future liabilities recorded could be material to earnings in a future period.

Income_Taxes

Income Taxes	9 Months Ended
	Dec. 31, 2013
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	Income Taxes
	Income tax expense as a percentage of income from continuing operations before income tax expense was 12% and 11% in the quarter ended December 31, 2013 and December 31, 2012, respectively and 25% and 15% for the nine-month periods then ended, respectively. Typically these percentages vary from the U.S. statutory rate primarily due to varying effective tax rates at the Company's foreign subsidiaries, and the jurisdictional mix of taxable income for these subsidiaries.  For the three and nine months ended December 31, 2013 income taxes as a percentage of income before income taxes was not reflective of the U.S. statutory rate due to the reversal of a reserve on an uncertain tax position in the amount of $1,249,000. The reserve for the uncertain tax position was reversed as a result of the expiration of the statute of limitations. We estimate that the effective tax rate related to continuing operations will be approximately 25% to 30% for fiscal 2014.
	For the three and nine month periods ended December 31, 2012, income taxes as a percentage of income before income taxes were not reflective of U.S. statutory rates.  The Company had a valuation allowance of $53,325,000 at March 31, 2012 due to the uncertainty of whether U.S. federal and certain foreign net operating loss carryforwards ("NOLs") and deferred tax assets might ultimately be realized.  In fiscal year 2013, we utilized the remaining U.S. federal NOLs thereby, reducing the valuation allowance by $5,107,000.  As a result of our increased operating performance over the past several years, we reevaluated the certainty as to whether our remaining NOLs and other deferred tax assets may ultimately be realized.  Management concluded that it is more likely than not that almost all of the remaining U.S. deferred tax assets will be realized; therefore, $49,161,000 of the remaining valuation allowance was reversed as of March 31, 2013.

Summary_Financial_Information

Summary Financial Information	9 Months Ended
	Dec. 31, 2013
Summary Financial Information [Abstract]	'
Summary Financial Information	'
	Summary Financial Information
	The following information (in thousands) sets forth the condensed consolidating summary financial information of the parent and guarantors, which guarantee the 7 7/8% Senior Subordinated Notes, and the nonguarantors. The guarantors are 100% owned and the guarantees are full, unconditional, joint and several.
		Parent			Guarantors			Non			Eliminations			Consolidated
								Guarantors
	As of December 31, 2013
	ASSETS
	Current assets:
	Cash and cash equivalents	$	82,476		$	—		$	41,392		$	—		$	123,868
	Trade accounts receivable, less allowance for doubtful accounts	35,740			4,278			35,537			—			75,555
	Inventories	28,288			15,523			61,347			—			105,158
	Prepaid expenses and other	10,432			1,540			7,667			—			19,639
	Total current assets	156,936			21,341			145,943			—			324,220
	Net property, plant, and equipment	39,433			11,521			21,109			—			72,063
	Goodwill	40,696			31,025			40,559			—			112,280
	Other intangibles, net	265			—			12,373			—			12,638
	Intercompany	24,182			51,122			(75,304		)	—			—
	Marketable securities	—			—			22,187			—			22,187
	Deferred taxes on income	26,625			2,389			10,678			—			39,692
	Investment in subsidiaries	203,753			—			—			(203,753		)	—
	Other assets	5,954			525			11			—			6,490
	Total assets	$	497,844		$	117,923		$	177,556		$	(203,753	)	$	589,570
	LIABILITIES AND SHAREHOLDERS’ EQUITY
	Current liabilities:
	Trade accounts payable	$	11,837		$	5,910		$	12,379		$	—		$	30,126
	Accrued liabilities	24,281			4,371			28,579			—			57,231
	Current portion of long-term debt				337			801			—			1,138
	Total current liabilities	36,118			10,618			41,759			—			88,495
	Senior debt, less current portion	—			1,394			666			—			2,060
	Subordinated debt	148,618			—			—			—			148,618
	Other non-current liabilities	45,011			5,792			31,497			—			82,300
	Total liabilities	229,747			17,804			73,922			—			321,473
	Total shareholders’ equity	268,097			100,119			103,634			(203,753		)	268,097
	Total liabilities and shareholders’ equity	$	497,844		$	117,923		$	177,556		$	(203,753	)	$	589,570
		Parent			Guarantors			Non			Eliminations			Consolidated
								Guarantors
	For the Three Months Ended December 31, 2013:
	Net sales	$	58,669		$	31,947		$	69,073		$	(14,617	)	$	145,072
	Cost of products sold	41,692			25,967			49,033			(14,617		)	102,075
	Gross profit	16,977			5,980			20,040			—			42,997
	Selling expenses	5,763			1,323			9,102			—			16,188
	General and administrative expenses	6,703			2,269			6,258			—			15,230
	Amortization of intangibles	25			—			453			—			478
	Income from operations	4,486			2,388			4,227			—			11,101
	Interest and debt expense	3,233			42			120			—			3,395
	Investment income	—			—			(254		)	—			(254		)
	Foreign currency exchange loss (gain)	(16		)	—			584			—			568
	Other expense and (income), net	(333		)	(844		)	1,030			—			(147		)
	Income before income tax expense	1,602			3,190			2,747			—			7,539
	Income tax expense (benefit)	385			1,393			(903		)	—			875
	Equity in income from continuing operations of subsidiaries	5,447			—			—			(5,447		)	—
	Net income	$	6,664		$	1,797		$	3,650		$	(5,447	)	$	6,664
		Parent			Guarantors			Non			Eliminations			Consolidated
								Guarantors
	For the Nine Months Ended December 31, 2013:
	Net sales	$	176,863		$	98,472		$	190,386		$	(42,906	)	$	422,815
	Cost of products sold	123,738			78,593			132,642			(42,906		)	$	292,067
	Gross profit	53,125			19,879			57,744			—			130,748
	Selling expenses	17,747			4,016			28,453			—			$	50,216
	General and administrative expenses	15,209			10,092			16,946			—			$	42,247
	Amortization of intangibles	72			—			1,391			—			$	1,463
	Income from operations	20,097			5,771			10,954			—			36,822
	Interest and debt expense	9,718			132			288			—			$	10,138
	Investment income	—			—			(746		)	—			$	(746	)
Foreign currency exchange loss	24			—			964			—			$	988
Other expense and (income), net	(2,473		)	(2,424		)	3,578			—			$	(1,319	)
Income before income tax expense	12,828			8,063			6,870			—			27,761
Income tax expense (benefit)	3,893			3,393			(331		)	—			$	6,955
Equity in income from continuing operations of subsidiaries	11,871			—			—			(11,871		)	$	—
Net income	$	20,806		$	4,670		$	7,201		$	(11,871	)	$	20,806
For the Three Months Ended December 31, 2013
	Parent			Guarantors			Non Guarantors			Eliminations			Consolidated
Net income	$	6,664		$	1,797		$	3,650		$	(5,447	)	$	6,664
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	—			1,648			(777		)	—			$	871
Change in derivatives qualifying as hedges, net of tax	(10		)	—			98			—			$	88
Change in pension liability and post-retirement obligations, net of tax	—			—			(11		)	—			$	(11	)
Adjustments:
Unrealized holding gains (losses) arising during the period, net of tax	—			—			262			—			$	262
Reclassification adjustment for loss included in net income, net of tax	—			—			(36		)	—			$	(36	)
Total adjustments	—			—			226			—			226
Total other comprehensive income (loss)	(10		)	1,648			(464		)	—			1,174
Comprehensive income (loss)	$	6,654		$	3,445		$	3,186		$	(5,447	)	$	7,838
For the Nine Months Ended December 31, 2013
	Parent			Guarantors			Non Guarantors			Eliminations			Consolidated
Net income	$	20,806		$	4,670		$	7,201		$	(11,871	)	$	20,806
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	—			6,701			(2,895		)	—			$	3,806
Change in derivatives qualifying as hedges, net of tax	16			—			263			—			$	279
Change in Pension liability and post-retirement obligations, net of tax	—			—			(131		)	—			$	(131	)
Adjustments:
Unrealized holding gains (loss) arising during the period, net of tax	96			—			24			—			$	120
Reclassification adjustment for loss included in net income, net of tax	(880		)	—			(118		)	—			$	(998	)
Total adjustments	(784		)	—			(94		)	—			(878		)
Total other comprehensive income (loss)	(768		)	6,701			(2,857		)	—			3,076
Comprehensive income (loss)	$	20,038		$	11,371		$	4,344		$	(11,871	)	$	23,882
	Parent			Guarantors			Non			Eliminations			Consolidated
							Guarantors
For the Nine Months Ended December 31, 2013:
Operating activities:
Net cash provided by (used for) operating activities	$	18,408		$	1,559		$	(2,009	)	$	—		$	17,958
Investing activities:													$	—
Proceeds from sale of marketable securities	—			—			5,444			—			$	5,444
Purchases of marketable securities	—			—			(3,611		)	—			$	(3,611	)
Capital expenditures	(3,814		)	(1,328		)	(8,342		)	—			$	(13,484	)
Purchase of business				—			(5,847		)	—			$	(5,847	)
Intercompany transactions	(13,303		)	—			13,303			—			$	—
Net cash provided by (used for) investing activities	(17,117		)	(1,328		)	947			—			(17,498		)
Financing activities:													$	—
Proceeds from exercise of stock options	1,464			—			—			—			$	1,464
Net Payments under lines-of-credit	—			—			(7		)	—			$	(7	)
Repayment of debt	1			(231		)	(336		)	—			$	(566	)
Change in ESOP debt guarantee	308			—			—			—			$	308
Net cash provided by (used for) financing activities	1,773			(231		)	(343		)	—			1,199
Effect of exchange rate changes on cash	—			—			549			—			$	549
Net change in cash and cash equivalents	3,064			—			(856		)	—			2,208
Cash and cash equivalents at beginning of year	79,412			—			42,248			—			$	121,660
Cash and cash equivalents at end of year	$	82,476		$	—		$	41,392		$	—		$	123,868
	Parent			Guarantors			Non			Eliminations			Consolidated
							Guarantors
As of March 31, 2013:
ASSETS
Current assets:
Cash and cash equivalents	$	79,412		$	—		$	42,248		$	—		$	121,660
Trade accounts receivable, less allowance for doubtful accounts	37,967			4,068			38,189			—			80,224
Inventories	28,117			14,230			51,842			—			$	94,189
Prepaid expenses and other	10,850			1,371			5,684			—			17,905
Total current assets	156,346			19,669			137,963			—			313,978
Net property, plant, and equipment	39,552			11,612			14,534			—			65,698
Goodwill	40,696			31,025			33,633			—			$	105,354
Other intangibles, net	253			—			13,142			—			13,395
Intercompany transactions	5,805			63,368			(69,173		)	—			$	—
Marketable securities	—			—			23,951			—			23,951
Deferred taxes on income	27,215			2,389			7,601			—			$	37,205
Investment in subsidiaries	203,753			—			—			(203,753		)	—
Other assets	6,690			525			71			—			$	7,286
Total assets	$	480,310		$	128,588		$	161,722		$	(203,753	)	$	566,867
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Trade accounts payable	$	17,433		$	7,018		$	9,878		$	—		34,329
Accrued liabilities	21,710			3,952			23,222			—			$	48,884
Current portion of long-term debt	—			311			713			—			1,024
Total current liabilities	39,143			11,281			33,813			—			84,237
Senior debt, less current portion	—			1,650			991			—			2,641
Subordinated debt	148,412			—			—			—			$	148,412
Other non-current liabilities	52,768			5,875			32,947			—			91,590
Total liabilities	240,323			18,806			67,751			—			326,880
Total shareholders’ equity	239,987			109,782			93,971			(203,753		)	239,987
Total liabilities and shareholders’ equity	$	480,310		$	128,588		$	161,722		$	(203,753	)	$	566,867
	Parent			Guarantors			Non			Eliminations			Consolidated
							Guarantors
For the Three Months Ended December 31, 2012:
Net sales	$	63,278		$	34,323		$	68,439		$	(12,815	)	$	153,225
Cost of products sold	44,711			27,904			49,628			(12,815		)	109,428
Gross profit	18,567			6,419			18,811			—			43,797
Selling expenses	5,682			1,402			9,306			—			16,390
General and administrative expenses	4,050			3,464			5,211			—			$	12,725
Amortization of intangibles	26			—			467			—			493
Income from operations	8,809			1,553			3,827			—			14,189
Interest and debt expense	3,863			(532		)	82			—			3,413
Investment income	—			—			(354		)	—			$	(354	)
Foreign currency exchange gain	27			—			266			—			293
Other expense and (income), net	(1,018		)	(180		)	1,263			—			$	65
Income before income tax expense	5,937			2,265			2,570			—			10,772
Income tax expense (benefit)	250			(80		)	1,023			—			$	1,193
Equity in income from continuing operations of subsidiaries	3,892			—			—			(3,892		)	—
Net income	$	9,579		$	2,345		$	1,547		$	(3,892	)	$	9,579
	Parent			Guarantors			Non			Eliminations			Consolidated
							Guarantors
For the Nine Months Ended December 31, 2012:
Net sales	$	180,008		$	117,522		$	195,625		$	(40,445	)	$	452,710
Cost of products sold	128,941			97,740			136,451			(40,445		)	322,687
Gross profit	51,067			19,782			59,174			—			130,023
Selling expenses	17,109			4,535			27,560			—			49,204
General and administrative expenses	12,952			11,462			15,034			—			$	39,448
Amortization of intangibles	73			—			1,408			—			1,481
Income from operations	20,933			3,785			15,172			—			39,890
Interest and debt expense	9,961			152			305			—			10,418
Investment income	—			—			(1,017		)	—			$	(1,017	)
Foreign currency exchange gain	2			—			145			—			147
Other expense and (income), net	(1,163		)	(164		)	898			—			$	(429	)
Income before income tax expense	12,133			3,797			14,841			—			30,771
Income tax expense (benefit)	17			—			4,487			—			$	4,504
Equity in income from continuing operations of subsidiaries	14,151			—			—			(14,151		)	—
Net income	$	26,267		$	3,797		$	10,354		$	(14,151	)	$	26,267
For the Three Months Ended December 31, 2012
	Parent			Guarantors			Non Guarantors			Eliminations			Consolidated
Net income	$	9,579		$	2,345		$	1,547		$	(3,892	)	$	9,579
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	—			—			2,628			—			$	2,628
Change in derivatives qualifying as hedges, net of tax	(161		)	—			23			—			$	(138	)
Change in pension liability and post-retirement obligations, net of tax	—			—			(24		)	—			(24		)
Adjustments:
Unrealized holding gain (loss) arising during the period, net of tax	—			—			194			—			$	194
Reclassification adjustment for loss included in net income, net of tax	—			—			(253		)	—			$	(253	)
Total adjustments	—			—			(59		)	—			(59		)
Total other comprehensive income	(161		)	—			2,568			—			2,407
Comprehensive income	$	9,418		$	2,345		$	4,115		$	(3,892	)	$	11,986
For the Nine Months Ended December 31, 2012
	Parent			Guarantors			Non Guarantors			Eliminations			Consolidated
Net income	$	26,267		$	3,797		$	10,354		$	(14,151	)	$	26,267
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	—			—			(49		)	—			$	(49	)
Change in derivatives qualifying as hedges, net of tax	(118		)	—			(208		)	—			$	(326	)
Change in pension liability and post-retirement obligations, net of tax	—			—			9			—			9
Adjustments:
Unrealized holding gain (loss) arising during the period, net of tax	—			—			489			—			$	489
Reclassification adjustment for loss included in net income, net of tax	—			—			(400		)	—			$	(400	)
Total adjustments	—			—			89			—			89
Total other comprehensive income (loss)	(118		)	—			(159		)	—			(277		)
Comprehensive income	$	26,149		$	3,797		$	10,195		$	(14,151	)	$	25,990
	Parent			Guarantors			Non			Eliminations			Consolidated
							Guarantors
For the Nine Months Ended December 31, 2012:
Operating activities:
Net cash provided by (used for) operating activities	$	15,908		$	(1,715	)	$	12,094		$	—		$	26,287
Investing activities:
Proceeds from sale of marketable securities	—			—			4,907			—			$	4,907
Purchases of marketable securities	—			—			(2,724		)	—			(2,724		)
Capital expenditures	(4,683		)	(445		)	(2,011		)	—			$	(7,139	)
Proceeds from sale of assets	—			2,357			—			—			$	2,357
Net cash provided by (used for) investing activities	(4,683		)	1,912			172			—			(2,599		)
Financing activities:
Proceeds from stock options exercised	232			—			—			—			232
Net payments under lines-of-credit	—			—			(52		)	—			$	(52	)
Other	(160		)	(202		)	(596		)	—			(958		)
Net cash provided by (used for) financing activities	72			(202		)	(648		)	—			(778		)
Effect of exchange rate changes on cash	—			—			(446		)	—			(446		)
Net change in cash and cash equivalents	11,297			(5		)	11,172			—			22,464
Cash and cash equivalents at beginning of year	55,958			5			33,510			—			89,473
Cash and cash equivalents at end of year	$	67,255		$	—		$	44,682		$	—		$	111,937

Changes_in_Other_Comprehensive

Changes in Other Comprehensive Loss	9 Months Ended
	Dec. 31, 2013
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]	'
Changes in Other Comprehensive Loss	'
	Changes in Other Comprehensive Loss
	Changes in AOCL by component for the three-month period ended December 31, 2013 are as follows (in thousands):
			Three months ended December 31, 2013
			Unrealized Investment Gain			Retirement Obligations			Foreign Currency		Change in Derivatives Qualifying as Hedges			Total
	Beginning balance net of tax		$	1,704		$	(60,835	)	$	5,140	$	(262	)	$	(54,253	)
	Other comprehensive income (loss) before reclassification		262			(1,238		)	871		(2		)	(107		)
	Amounts reclassified from other comprehensive loss		(36		)	1,227			—		90			1,281
	Net current period other comprehensive (loss) income		226			(11		)	871		88			1,174
	Ending balance		$	1,930		$	(60,846	)	$	6,011	$	(174	)	$	(53,079	)
	Changes in AOCL by component for the nine-month period ended December 31, 2013 are as follows (in thousands):
			Nine months ended December 31, 2013
			Unrealized Investment Gain			Retirement Obligations			Foreign Currency		Change in Derivatives Qualifying as Hedges			Total
	Beginning balance net of tax		$	2,808		$	(60,715	)	$	2,205	$	(453	)	$	(56,155	)
	Other comprehensive income (loss) before reclassification		120			(3,599		)	3,806		114			441
	Amounts reclassified from other comprehensive loss		(998		)	3,468			—		165			2,635
	Net current period other comprehensive (loss) income		(878		)	(131		)	3,806		279			3,076
	Ending balance		$	1,930		$	(60,846	)	$	6,011	$	(174	)	$	(53,079	)
	Details of amounts reclassified out of AOCL for the three-month period ended December 31, 2013 are as follows (in thousands):
	Details of AOCL Components		Amount reclassified from AOCL			Affected line item on condensed consolidated statement of operations and retained earnings
	Unrealized gain on investments
			$	(55	)	Investment income
			(55		)	Total before tax
			19			Tax expense
			$	(36	)	Net of tax
	Net amortization of prior service cost
			$	1,753		-1
			1,753			Total before tax
			526			Tax benefit
			$	1,227		Net of tax
	Change in derivatives qualifying as hedges
			$	129		Cost of products sold
			129			Total before tax
			39			Tax expense
			$	90		Net of tax
	Details of amounts reclassified out of AOCL for the nine-month period ended December 31, 2013 are as follows (in thousands):
	Details of AOCL Components		Amount reclassified from AOCL			Affected line item on condensed consolidated statement of operations and retained earnings
	Unrealized gain on investments
			$	(1,536	)	Investment income
			(1,536		)	Total before tax
			538			Tax expense
			$	(998	)	Net of tax
	Net amortization of prior service cost
			$	4,955		-1
			4,955			Total before tax
			1,487			Tax benefit
			$	3,468		Net of tax
	Change in derivatives qualifying as hedges
			$	236		Cost of products sold
			236			Total before tax
			71			Tax expense
			$	165		Net of tax
	-1	These AOCL components are included in the computation of net periodic pension cost. (See Note 10 — Net Periodic Benefit Cost for additional details.)

Effects_of_New_Accounting_Pron

Effects of New Accounting Pronouncements	9 Months Ended
	Dec. 31, 2013
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]	'
Effects of New Accounting Pronouncements	'
	Effects of New Accounting Pronouncements
	In July 2013, the FASB issued ASU No. 2013-11, "Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or Tax Credit Carryforward Exists." ASU 2013-11 requires entities to present an unrecognized tax benefit, or a portion of an unrecognized tax benefit, as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward when settlement in this manner is available under the tax law. This ASU is effective prospectively for fiscal years, and interim periods within those years, beginning after December 15, 2013. The Company is evaluating the potential impact of this adoption on its consolidated financial statements.
	In April 2013, the FASB issued ASU No. 2013-07, "Presentation of Financial Statements (Topic 205): Liquidation Basis of Accounting." The objective of ASU 2013-07 is to clarify when an entity should apply the liquidation basis of accounting. The update provides principles for the recognition and measurement of assets and liabilities and requirements for financial statements prepared using the liquidation basis of accounting. This ASU is effective prospectively for fiscal years, and interim periods within those years, beginning after December 15, 2013. The Company does not anticipate that the adoption of this standard will have a material impact on its consolidated financial statements, absent any indications that liquidation is imminent.
	In March 2013, the FASB issued ASU No. 2013-05, “Foreign Currency Matters (Topic 830): Parent’s Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity.” This ASU addresses the accounting for the cumulative translation adjustment when a parent either sells a part or all of its investment in a foreign entity or no longer holds a controlling financial interest in a subsidiary or group of assets that is a nonprofit activity or a business within a foreign entity. This ASU is effective prospectively for fiscal years, and interim periods within those years, beginning after December 15, 2013. The Company is evaluating the potential impact of this adoption on its consolidated financial statements.
	In February 2013, the FASB, issued ASU No. 2013-04, “Liabilities (Topic 405): Obligations Resulting from Joint and Several Liability Arrangements for which the Total Amount of the Obligation Is Fixed at the Reporting Date.”  This ASU addresses the recognition, measurement, and disclosure of certain obligations resulting from joint and several arrangements including debt arrangements, other contractual obligations, and settled litigation and judicial rulings. The ASU is effective for public entities for fiscal years, and interim periods within those years, beginning after December 15, 2013. The Company is evaluating the potential impact of this adoption on its consolidated financial statements.
	In February 2013, the FASB issued ASU No. 2013-02, “Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income.” The ASU requires entities to provide information about significant amounts reclassified out of accumulated other comprehensive income by component and their corresponding effect on net income. The ASU is effective for public entities for fiscal years beginning after December 15, 2012.  The Company adopted this ASU in fiscal 2014.  Refer to Footnote 15 for further details.
	In January 2013, the FASB issued ASU No. 2013-01, "Balance Sheet (Topic 210): Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities". The ASU clarifies that ordinary trade receivables and certain other receivables are not in the scope of ASU No. 2011-11, “Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities.” Specifically, Update 2011-11 applies only to derivatives, repurchase agreements and reverse purchase agreements, and securities borrowing and securities lending transactions that are either offset in accordance with specific criteria contained in FASB Accounting Standards Codification or subject to a master netting arrangement or similar agreement. The amendments in this ASU are effective for fiscal years, and interim periods within those years, beginning on or after January 1, 2013. The adoption of this standard did not have a significant effect on the Company's consolidated financial position.

Acquisitions_Table_Text_Block

Acquisitions (Table Text Block)	9 Months Ended
	Dec. 31, 2013
Business Combination, Step Acquisition [Abstract]	'
Schedule of Purchase Price Allocation	'
	The preliminary assignment of purchase consideration to the assets acquired and liabilities assumed, pending finalization of the determination of the fair values of the net assets acquired, is as follows (in thousands):
	Working capital	$	212
	Other current assets	58
	Property, plant and equipment	446
	Goodwill	5,324
	Long term debt	(193		)
	Total	$	5,847

Fair_value_Measurements_Tables

Fair value Measurements (Tables)	9 Months Ended
	Dec. 31, 2013
Fair Value Disclosures [Abstract]	'
Schedule of Fair Value Assets and Liabilities Measured on Recurring Basis	'
	As of December 31, 2013 and March 31, 2013, the Company’s assets and liabilities measured or disclosed at fair value on recurring bases were as follows (in thousands):
		Fair value measurements at reporting date using
		December 31,			Quoted prices in active markets for identical assets		Significant other observable inputs			Significant unobservable inputs
	Description	2013			(Level 1)		(Level 2)			(Level 3)
	Assets/(Liabilities) measured at fair value:
	Marketable securities	$	22,187		$	22,187	$	—		$	—
	Derivative liabilities	(219		)	—		(219		)	—
	Liabilities disclosed at fair value:
	Subordinated debt	$	(160,500	)	$	—	$	(160,500	)	$	—
	Senior debt	(3,198		)	—		(3,198		)	—
		Fair value measurements at reporting date using
		March 31,			Quoted prices in active markets for identical assets		Significant other observable inputs			Significant unobservable inputs
	Description	2013			(Level 1)		(Level 2)			(Level 3)
	Assets/(Liabilities) measured at fair value:
	Marketable securities	$	23,951		$	23,951	$	—		$	—
	Derivative liabilities	(512		)	—		(512		)	—
	Other equity investments	1,508			1,508		—			—
	Liabilities disclosed at fair value:
	Subordinated debt	$	(160,500	)	$	—	$	(160,500	)	$	—
	Senior debt	(3,665		)	—		(3,665		)	—

Inventories_Tables

Inventories (Tables)	9 Months Ended
	Dec. 31, 2013
Inventory Disclosure [Abstract]	'
Schedule of Inventory, Current	'
	Inventories consisted of the following (in thousands):
		December 31,			March 31,
		2013			2013
	At cost - FIFO basis:
	Raw materials	$	56,999		$	52,900
	Work-in-process	16,011			10,813
	Finished goods	52,310			50,722
		125,320			114,435
	LIFO cost less than FIFO cost	(20,162		)	(20,246		)
	Net inventories	$	105,158		$	94,189

Marketable_Securities_Tables

Marketable Securities (Tables)	9 Months Ended
	Dec. 31, 2013
Marketable Securities [Abstract]	'
Schedule Of Available For Sale Securities Reconciliation	'
	The following is a summary of available-for-sale securities at March 31, 2013 (in thousands):
		Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
	Marketable securities	$	21,635	$	2,335	$	19	$	23,951
	The following is a summary of available-for-sale securities at December 31, 2013 (in thousands):
		Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
	Marketable securities	$	20,016	$	2,440	$	269	$	22,187
Schedule of Unrealized Loss on Investments	'
	The aggregate fair value of investments and unrealized losses on available-for-sale securities in an unrealized loss position at December 31, 2013 are as follows (in thousands):
		Aggregate Fair Value		Unrealized Losses
	Securities in a continuous loss position for less than 12 months	$	8,171	$	269
	Securities in a continuous loss position for more than 12 months	—		—
		$	8,171	$	269

Goodwill_and_Intangible_Assets1

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Schedule of Goodwill	'
	A summary of changes in goodwill during the nine months ended December 31, 2013 is as follows (in thousands):
	Balance at April 1, 2013	$	105,354
	Acquisition of Hebetechnik (See Note 3)	5,324
	Currency translation	1,602
	Balance at December 31, 2013	$	112,280
Schedule of Indefinite-lived Intangible Assets by Major Class	'
	Identifiable intangible assets are summarized as follows (in thousands):
			December 31, 2013							March 31, 2013
			Gross		Accumulated			Net		Gross		Accumulated			Net
			Carrying		Amortization					Carrying		Amortization
			Amount							Amount
	Trademark		$	5,958	$	(1,714	)	$	4,244	$	5,556	$	(1,370	)	$	4,186
	Customer relationships		15,126		(7,388		)	7,738		14,166		(5,894		)	8,272
	Other		949		(293		)	656		1,235		(298		)	937
	Total		$	22,033	$	(9,395	)	$	12,638	$	20,957	$	(7,562	)	$	13,395

Derivative_Instruments_Tables

Derivative Instruments (Tables)	9 Months Ended
	Dec. 31, 2013
Derivative Instruments and Hedges, Assets [Abstract]	'
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance	'
	The following is the effect of derivative instruments on the condensed consolidated statement of operations and retained earnings for the three months ended December 31, 2013 and 2012 (in thousands):
	December 31,		Derivatives Designated as Cash Flow  Hedges		Amount of Gain or (Loss) Recognized in Other Comprehensive Income (Loss) on Derivatives (Effective Portion)			Location of Gain or (Loss) Recognized in Income on Derivatives		Amount of Gain or (Loss) Reclassified from AOCL into Income (Effective Portion)
	2013		Foreign exchange contracts		$	(2	)	Cost of products sold		$	(90	)
	2012		Foreign exchange contracts		(128		)	Cost of products sold		10
	December 31,	Derivatives Not Designated as Hedging Instruments	Location of Gain (Loss) Recognized in Income on Derivatives	Amount of Gain (Loss) Recognized in Income on Derivatives
	2013	Foreign exchange contracts	Foreign currency exchange loss	$	(134	)
	2012	Foreign exchange contracts	Foreign currency exchange loss	(276		)
	The following is the effect of derivative instruments on the condensed consolidated statement of operations and retained earnings for the nine months ended December 31, 2013 and 2012 (in thousands):
	December 31,		Derivatives Designated as Cash Flow  Hedges		Amount of Gain or (Loss) Recognized in Other Comprehensive Income (Loss) on Derivatives (Effective Portion)			Location of Gain or (Loss) Recognized in Income on Derivatives		Amount of Gain or (Loss) Reclassified from AOCL into Income (Effective Portion)
	2013		Foreign exchange contracts		$	114		Cost of products sold		$	(165	)
	2012		Foreign exchange contracts		(201		)	Cost of products sold		125
	December 31,	Derivatives Not Designated as Hedging Instruments	Location of Gain (Loss) Recognized in Income on Derivatives	Amount of Gain (Loss) Recognized in Income on Derivatives
	2013	Foreign exchange contracts	Foreign currency exchange loss	$	(204	)
	2012	Foreign exchange contracts	Foreign currency exchange gain	258
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	'
	The following is information relative to the Company’s derivative instruments in the condensed consolidated balance sheet as of December 31, 2013 (in thousands):
					Fair Value of Asset (Liability)
	Derivatives Designated as Hedging Instruments		Balance Sheet Location		December 31, 2013			March 31,
								2013
	Foreign exchange contracts		Other Assets		$	190		$	8
	Foreign exchange contracts		Accrued Liabilities		$	(196	)	$	(511	)
	Derivatives Not Designated as Hedging Instruments		Balance Sheet Location		December 31, 2013			March 31,
								2013
	Foreign exchange contracts		Other Assets		$	—		$	95
	Foreign exchange contracts		Accrued Liabilities		$	(213	)	$	(104	)

Net_Periodic_Benefit_Cost_Tabl

Net Periodic Benefit Cost (Tables)	9 Months Ended
	Dec. 31, 2013
Pension Plans, Defined Benefiit	'
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]	'
Schedule of Net Benefit Costs	'
	The following table sets forth the components of net periodic pension cost for the Company’s defined benefit pension plans (in thousands):
		Three months ended						Nine months ended
		December 31, 2013			December 31, 2012			December 31, 2013			December 31, 2012
	Service costs	$	610		$	623		$	1,863		$	1,869
	Interest cost	2,472			2,481			7,299			7,443
	Expected return on plan assets	(3,155		)	(2,803		)	(9,469		)	(8,410		)
	Net amortization	1,720			1,558			4,879			4,675
	Net periodic pension cost	$	1,647		$	1,859		$	4,572		$	5,577
Other Postretirement Benefit Plans, Defined Benefit	'
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]	'
Schedule of Net Benefit Costs	'
	The following table sets forth the components of net periodic postretirement benefit cost for the Company’s defined benefit postretirement plans (in thousands):
		Three months ended						Nine months ended
		December 31, 2013			December 31, 2012			December 31, 2013			December 31, 2012
	Interest cost	$	66		$	78		$	191		$	234
	Amortization of plan net losses	33			36			76			107
	Net periodic postretirement cost	$	99		$	114		$	267		$	341

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	9 Months Ended
	Dec. 31, 2013
Earnings Per Share [Abstract]	'
Schedule of Earnings Per Share, Basic and Diluted	'
	The following table sets forth the computation of basic and diluted earnings per share (in thousands):
		Three Months Ended				Nine months ended
		December 31, 2013		December 31, 2012		December 31, 2013		December 31, 2012
	Numerator for basic and diluted earnings per share:
	Net income	$	6,664	$	9,579	$	20,806	$	26,267
	Denominators:
	Weighted-average common stock outstanding – denominator for basic EPS	19,691		19,451		19,622		19,406
	Effect of dilutive employee stock options and other share-based awards	328		246		293		214
	Adjusted weighted-average common stock outstanding and assumed conversions – denominator for diluted EPS	20,019		19,697		19,915		19,620

Summary_Financial_Information_

Summary Financial Information (Tables)	9 Months Ended
	Dec. 31, 2013
Summary Financial Information [Abstract]	'
Schedule Of Condensed Financial Statements	'
		Parent			Guarantors			Non			Eliminations			Consolidated
								Guarantors
	As of December 31, 2013
	ASSETS
	Current assets:
	Cash and cash equivalents	$	82,476		$	—		$	41,392		$	—		$	123,868
	Trade accounts receivable, less allowance for doubtful accounts	35,740			4,278			35,537			—			75,555
	Inventories	28,288			15,523			61,347			—			105,158
	Prepaid expenses and other	10,432			1,540			7,667			—			19,639
	Total current assets	156,936			21,341			145,943			—			324,220
	Net property, plant, and equipment	39,433			11,521			21,109			—			72,063
	Goodwill	40,696			31,025			40,559			—			112,280
	Other intangibles, net	265			—			12,373			—			12,638
	Intercompany	24,182			51,122			(75,304		)	—			—
	Marketable securities	—			—			22,187			—			22,187
	Deferred taxes on income	26,625			2,389			10,678			—			39,692
	Investment in subsidiaries	203,753			—			—			(203,753		)	—
	Other assets	5,954			525			11			—			6,490
	Total assets	$	497,844		$	117,923		$	177,556		$	(203,753	)	$	589,570
	LIABILITIES AND SHAREHOLDERS’ EQUITY
	Current liabilities:
	Trade accounts payable	$	11,837		$	5,910		$	12,379		$	—		$	30,126
	Accrued liabilities	24,281			4,371			28,579			—			57,231
	Current portion of long-term debt				337			801			—			1,138
	Total current liabilities	36,118			10,618			41,759			—			88,495
	Senior debt, less current portion	—			1,394			666			—			2,060
	Subordinated debt	148,618			—			—			—			148,618
	Other non-current liabilities	45,011			5,792			31,497			—			82,300
	Total liabilities	229,747			17,804			73,922			—			321,473
	Total shareholders’ equity	268,097			100,119			103,634			(203,753		)	268,097
	Total liabilities and shareholders’ equity	$	497,844		$	117,923		$	177,556		$	(203,753	)	$	589,570
		Parent			Guarantors			Non			Eliminations			Consolidated
								Guarantors
	For the Three Months Ended December 31, 2013:
	Net sales	$	58,669		$	31,947		$	69,073		$	(14,617	)	$	145,072
	Cost of products sold	41,692			25,967			49,033			(14,617		)	102,075
	Gross profit	16,977			5,980			20,040			—			42,997
	Selling expenses	5,763			1,323			9,102			—			16,188
	General and administrative expenses	6,703			2,269			6,258			—			15,230
	Amortization of intangibles	25			—			453			—			478
	Income from operations	4,486			2,388			4,227			—			11,101
	Interest and debt expense	3,233			42			120			—			3,395
	Investment income	—			—			(254		)	—			(254		)
	Foreign currency exchange loss (gain)	(16		)	—			584			—			568
	Other expense and (income), net	(333		)	(844		)	1,030			—			(147		)
	Income before income tax expense	1,602			3,190			2,747			—			7,539
	Income tax expense (benefit)	385			1,393			(903		)	—			875
	Equity in income from continuing operations of subsidiaries	5,447			—			—			(5,447		)	—
	Net income	$	6,664		$	1,797		$	3,650		$	(5,447	)	$	6,664
		Parent			Guarantors			Non			Eliminations			Consolidated
								Guarantors
	For the Nine Months Ended December 31, 2013:
	Net sales	$	176,863		$	98,472		$	190,386		$	(42,906	)	$	422,815
	Cost of products sold	123,738			78,593			132,642			(42,906		)	$	292,067
	Gross profit	53,125			19,879			57,744			—			130,748
	Selling expenses	17,747			4,016			28,453			—			$	50,216
	General and administrative expenses	15,209			10,092			16,946			—			$	42,247
	Amortization of intangibles	72			—			1,391			—			$	1,463
	Income from operations	20,097			5,771			10,954			—			36,822
	Interest and debt expense	9,718			132			288			—			$	10,138
	Investment income	—			—			(746		)	—			$	(746	)
	Foreign currency exchange loss	24			—			964			—			$	988
	Other expense and (income), net	(2,473		)	(2,424		)	3,578			—			$	(1,319	)
Income before income tax expense	12,828			8,063			6,870			—			27,761
Income tax expense (benefit)	3,893			3,393			(331		)	—			$	6,955
Equity in income from continuing operations of subsidiaries	11,871			—			—			(11,871		)	$	—
Net income	$	20,806		$	4,670		$	7,201		$	(11,871	)	$	20,806
For the Three Months Ended December 31, 2013
	Parent			Guarantors			Non Guarantors			Eliminations			Consolidated
Net income	$	6,664		$	1,797		$	3,650		$	(5,447	)	$	6,664
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	—			1,648			(777		)	—			$	871
Change in derivatives qualifying as hedges, net of tax	(10		)	—			98			—			$	88
Change in pension liability and post-retirement obligations, net of tax	—			—			(11		)	—			$	(11	)
Adjustments:
Unrealized holding gains (losses) arising during the period, net of tax	—			—			262			—			$	262
Reclassification adjustment for loss included in net income, net of tax	—			—			(36		)	—			$	(36	)
Total adjustments	—			—			226			—			226
Total other comprehensive income (loss)	(10		)	1,648			(464		)	—			1,174
Comprehensive income (loss)	$	6,654		$	3,445		$	3,186		$	(5,447	)	$	7,838
For the Nine Months Ended December 31, 2013
	Parent			Guarantors			Non Guarantors			Eliminations			Consolidated
Net income	$	20,806		$	4,670		$	7,201		$	(11,871	)	$	20,806
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	—			6,701			(2,895		)	—			$	3,806
Change in derivatives qualifying as hedges, net of tax	16			—			263			—			$	279
Change in Pension liability and post-retirement obligations, net of tax	—			—			(131		)	—			$	(131	)
Adjustments:
Unrealized holding gains (loss) arising during the period, net of tax	96			—			24			—			$	120
Reclassification adjustment for loss included in net income, net of tax	(880		)	—			(118		)	—			$	(998	)
Total adjustments	(784		)	—			(94		)	—			(878		)
Total other comprehensive income (loss)	(768		)	6,701			(2,857		)	—			3,076
Comprehensive income (loss)	$	20,038		$	11,371		$	4,344		$	(11,871	)	$	23,882
	Parent			Guarantors			Non			Eliminations			Consolidated
							Guarantors
For the Nine Months Ended December 31, 2013:
Operating activities:
Net cash provided by (used for) operating activities	$	18,408		$	1,559		$	(2,009	)	$	—		$	17,958
Investing activities:													$	—
Proceeds from sale of marketable securities	—			—			5,444			—			$	5,444
Purchases of marketable securities	—			—			(3,611		)	—			$	(3,611	)
Capital expenditures	(3,814		)	(1,328		)	(8,342		)	—			$	(13,484	)
Purchase of business				—			(5,847		)	—			$	(5,847	)
Intercompany transactions	(13,303		)	—			13,303			—			$	—
Net cash provided by (used for) investing activities	(17,117		)	(1,328		)	947			—			(17,498		)
Financing activities:													$	—
Proceeds from exercise of stock options	1,464			—			—			—			$	1,464
Net Payments under lines-of-credit	—			—			(7		)	—			$	(7	)
Repayment of debt	1			(231		)	(336		)	—			$	(566	)
Change in ESOP debt guarantee	308			—			—			—			$	308
Net cash provided by (used for) financing activities	1,773			(231		)	(343		)	—			1,199
Effect of exchange rate changes on cash	—			—			549			—			$	549
Net change in cash and cash equivalents	3,064			—			(856		)	—			2,208
Cash and cash equivalents at beginning of year	79,412			—			42,248			—			$	121,660
Cash and cash equivalents at end of year	$	82,476		$	—		$	41,392		$	—		$	123,868
	Parent			Guarantors			Non			Eliminations			Consolidated
							Guarantors
As of March 31, 2013:
ASSETS
Current assets:
Cash and cash equivalents	$	79,412		$	—		$	42,248		$	—		$	121,660
Trade accounts receivable, less allowance for doubtful accounts	37,967			4,068			38,189			—			80,224
Inventories	28,117			14,230			51,842			—			$	94,189
Prepaid expenses and other	10,850			1,371			5,684			—			17,905
Total current assets	156,346			19,669			137,963			—			313,978
Net property, plant, and equipment	39,552			11,612			14,534			—			65,698
Goodwill	40,696			31,025			33,633			—			$	105,354
Other intangibles, net	253			—			13,142			—			13,395
Intercompany transactions	5,805			63,368			(69,173		)	—			$	—
Marketable securities	—			—			23,951			—			23,951
Deferred taxes on income	27,215			2,389			7,601			—			$	37,205
Investment in subsidiaries	203,753			—			—			(203,753		)	—
Other assets	6,690			525			71			—			$	7,286
Total assets	$	480,310		$	128,588		$	161,722		$	(203,753	)	$	566,867
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Trade accounts payable	$	17,433		$	7,018		$	9,878		$	—		34,329
Accrued liabilities	21,710			3,952			23,222			—			$	48,884
Current portion of long-term debt	—			311			713			—			1,024
Total current liabilities	39,143			11,281			33,813			—			84,237
Senior debt, less current portion	—			1,650			991			—			2,641
Subordinated debt	148,412			—			—			—			$	148,412
Other non-current liabilities	52,768			5,875			32,947			—			91,590
Total liabilities	240,323			18,806			67,751			—			326,880
Total shareholders’ equity	239,987			109,782			93,971			(203,753		)	239,987
Total liabilities and shareholders’ equity	$	480,310		$	128,588		$	161,722		$	(203,753	)	$	566,867
	Parent			Guarantors			Non			Eliminations			Consolidated
							Guarantors
For the Three Months Ended December 31, 2012:
Net sales	$	63,278		$	34,323		$	68,439		$	(12,815	)	$	153,225
Cost of products sold	44,711			27,904			49,628			(12,815		)	109,428
Gross profit	18,567			6,419			18,811			—			43,797
Selling expenses	5,682			1,402			9,306			—			16,390
General and administrative expenses	4,050			3,464			5,211			—			$	12,725
Amortization of intangibles	26			—			467			—			493
Income from operations	8,809			1,553			3,827			—			14,189
Interest and debt expense	3,863			(532		)	82			—			3,413
Investment income	—			—			(354		)	—			$	(354	)
Foreign currency exchange gain	27			—			266			—			293
Other expense and (income), net	(1,018		)	(180		)	1,263			—			$	65
Income before income tax expense	5,937			2,265			2,570			—			10,772
Income tax expense (benefit)	250			(80		)	1,023			—			$	1,193
Equity in income from continuing operations of subsidiaries	3,892			—			—			(3,892		)	—
Net income	$	9,579		$	2,345		$	1,547		$	(3,892	)	$	9,579
	Parent			Guarantors			Non			Eliminations			Consolidated
							Guarantors
For the Nine Months Ended December 31, 2012:
Net sales	$	180,008		$	117,522		$	195,625		$	(40,445	)	$	452,710
Cost of products sold	128,941			97,740			136,451			(40,445		)	322,687
Gross profit	51,067			19,782			59,174			—			130,023
Selling expenses	17,109			4,535			27,560			—			49,204
General and administrative expenses	12,952			11,462			15,034			—			$	39,448
Amortization of intangibles	73			—			1,408			—			1,481
Income from operations	20,933			3,785			15,172			—			39,890
Interest and debt expense	9,961			152			305			—			10,418
Investment income	—			—			(1,017		)	—			$	(1,017	)
Foreign currency exchange gain	2			—			145			—			147
Other expense and (income), net	(1,163		)	(164		)	898			—			$	(429	)
Income before income tax expense	12,133			3,797			14,841			—			30,771
Income tax expense (benefit)	17			—			4,487			—			$	4,504
Equity in income from continuing operations of subsidiaries	14,151			—			—			(14,151		)	—
Net income	$	26,267		$	3,797		$	10,354		$	(14,151	)	$	26,267
For the Three Months Ended December 31, 2012
	Parent			Guarantors			Non Guarantors			Eliminations			Consolidated
Net income	$	9,579		$	2,345		$	1,547		$	(3,892	)	$	9,579
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	—			—			2,628			—			$	2,628
Change in derivatives qualifying as hedges, net of tax	(161		)	—			23			—			$	(138	)
Change in pension liability and post-retirement obligations, net of tax	—			—			(24		)	—			(24		)
Adjustments:
Unrealized holding gain (loss) arising during the period, net of tax	—			—			194			—			$	194
Reclassification adjustment for loss included in net income, net of tax	—			—			(253		)	—			$	(253	)
Total adjustments	—			—			(59		)	—			(59		)
Total other comprehensive income	(161		)	—			2,568			—			2,407
Comprehensive income	$	9,418		$	2,345		$	4,115		$	(3,892	)	$	11,986
For the Nine Months Ended December 31, 2012
	Parent			Guarantors			Non Guarantors			Eliminations			Consolidated
Net income	$	26,267		$	3,797		$	10,354		$	(14,151	)	$	26,267
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	—			—			(49		)	—			$	(49	)
Change in derivatives qualifying as hedges, net of tax	(118		)	—			(208		)	—			$	(326	)
Change in pension liability and post-retirement obligations, net of tax	—			—			9			—			9
Adjustments:
Unrealized holding gain (loss) arising during the period, net of tax	—			—			489			—			$	489
Reclassification adjustment for loss included in net income, net of tax	—			—			(400		)	—			$	(400	)
Total adjustments	—			—			89			—			89
Total other comprehensive income (loss)	(118		)	—			(159		)	—			(277		)
Comprehensive income	$	26,149		$	3,797		$	10,195		$	(14,151	)	$	25,990
	Parent			Guarantors			Non			Eliminations			Consolidated
							Guarantors
For the Nine Months Ended December 31, 2012:
Operating activities:
Net cash provided by (used for) operating activities	$	15,908		$	(1,715	)	$	12,094		$	—		$	26,287
Investing activities:
Proceeds from sale of marketable securities	—			—			4,907			—			$	4,907
Purchases of marketable securities	—			—			(2,724		)	—			(2,724		)
Capital expenditures	(4,683		)	(445		)	(2,011		)	—			$	(7,139	)
Proceeds from sale of assets	—			2,357			—			—			$	2,357
Net cash provided by (used for) investing activities	(4,683		)	1,912			172			—			(2,599		)
Financing activities:
Proceeds from stock options exercised	232			—			—			—			232
Net payments under lines-of-credit	—			—			(52		)	—			$	(52	)
Other	(160		)	(202		)	(596		)	—			(958		)
Net cash provided by (used for) financing activities	72			(202		)	(648		)	—			(778		)
Effect of exchange rate changes on cash	—			—			(446		)	—			(446		)
Net change in cash and cash equivalents	11,297			(5		)	11,172			—			22,464
Cash and cash equivalents at beginning of year	55,958			5			33,510			—			89,473
Cash and cash equivalents at end of year	$	67,255		$	—		$	44,682		$	—		$	111,937

Changes_in_Other_Comprehensive1

Changes in Other Comprehensive Loss (Tables)	9 Months Ended
	Dec. 31, 2013
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]	'
Schedule of Accumulated Other Comprehensive Income (Loss)	'
	Changes in AOCL by component for the three-month period ended December 31, 2013 are as follows (in thousands):
			Three months ended December 31, 2013
			Unrealized Investment Gain			Retirement Obligations			Foreign Currency		Change in Derivatives Qualifying as Hedges			Total
	Beginning balance net of tax		$	1,704		$	(60,835	)	$	5,140	$	(262	)	$	(54,253	)
	Other comprehensive income (loss) before reclassification		262			(1,238		)	871		(2		)	(107		)
	Amounts reclassified from other comprehensive loss		(36		)	1,227			—		90			1,281
	Net current period other comprehensive (loss) income		226			(11		)	871		88			1,174
	Ending balance		$	1,930		$	(60,846	)	$	6,011	$	(174	)	$	(53,079	)
	Changes in AOCL by component for the nine-month period ended December 31, 2013 are as follows (in thousands):
			Nine months ended December 31, 2013
			Unrealized Investment Gain			Retirement Obligations			Foreign Currency		Change in Derivatives Qualifying as Hedges			Total
	Beginning balance net of tax		$	2,808		$	(60,715	)	$	2,205	$	(453	)	$	(56,155	)
	Other comprehensive income (loss) before reclassification		120			(3,599		)	3,806		114			441
	Amounts reclassified from other comprehensive loss		(998		)	3,468			—		165			2,635
	Net current period other comprehensive (loss) income		(878		)	(131		)	3,806		279			3,076
	Ending balance		$	1,930		$	(60,846	)	$	6,011	$	(174	)	$	(53,079	)
Reclassification out of Accumulated Other Comprehensive Income	'
	Details of amounts reclassified out of AOCL for the three-month period ended December 31, 2013 are as follows (in thousands):
	Details of AOCL Components		Amount reclassified from AOCL			Affected line item on condensed consolidated statement of operations and retained earnings
	Unrealized gain on investments
			$	(55	)	Investment income
			(55		)	Total before tax
			19			Tax expense
			$	(36	)	Net of tax
	Net amortization of prior service cost
			$	1,753		-1
			1,753			Total before tax
			526			Tax benefit
			$	1,227		Net of tax
	Change in derivatives qualifying as hedges
			$	129		Cost of products sold
			129			Total before tax
			39			Tax expense
			$	90		Net of tax
	Details of amounts reclassified out of AOCL for the nine-month period ended December 31, 2013 are as follows (in thousands):
	Details of AOCL Components		Amount reclassified from AOCL			Affected line item on condensed consolidated statement of operations and retained earnings
	Unrealized gain on investments
			$	(1,536	)	Investment income
			(1,536		)	Total before tax
			538			Tax expense
			$	(998	)	Net of tax
	Net amortization of prior service cost
			$	4,955		-1
			4,955			Total before tax
			1,487			Tax benefit
			$	3,468		Net of tax
	Change in derivatives qualifying as hedges
			$	236		Cost of products sold
			236			Total before tax
			71			Tax expense
			$	165		Net of tax
	-1	These AOCL components are included in the computation of net periodic pension cost. (See Note 10 — Net Periodic Benefit Cost for additional details.)

Description_of_Business_Narrat

Description of Business (Narrative) (Details)	3 Months Ended	9 Months Ended
	Dec. 31, 2013	Dec. 31, 2013
Revenue from External Customer [Line Items]	'	'
Description of types of products and services from which each reportable segment derives its revenues	'	'The Company is a leading designer, marketer and manufacturer of material handling products and services which efficiently and safely move, lift, position and secure material. Key products include hoists, rigging tools, cranes, and actuators.
Sales Revenue, Goods, Net | US	'	'
Revenue from External Customer [Line Items]	'	'
Sales revenue goods net percentage	54.00%	57.00%

Acquisitions_Narratives_Detail

Acquisitions (Narratives) (Details) (USD $)	9 Months Ended
	Dec. 31, 2013	Jun. 01, 2013
Business Acquisition [Line Items]	'	'
Goodwill	'	5,324,000
Hebetechnik	'	'
Business Acquisition [Line Items]	'	'
Percentage acquired of outstanding common shares	'	100.00%
Annual sales	$10,000,000	'
Period acquired entity has been a value-added partner of the company	'20 years	'

Acquisitions_Details

Acquisitions (Details) (USD $)	Jun. 01, 2013
Business Combination, Step Acquisition [Abstract]	'
Working capital	$212,000
Other current assets	58,000
Property, plant and equipment	446,000
Goodwill	5,324,000
Long term debt	-193,000
Total	$5,847,000

Fair_Value_Measurements_Assets

Fair Value Measurements (Assets and liabilities measured at fair value on recurring bases) (Details) (USD $)	Dec. 31, 2013	Mar. 31, 2013
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'	'
Stated interest rate percentage	7.88%	'
Subordinated debt	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'	'
Stated interest rate percentage	7.88%	'
Carrying (Reported) Amount, Fair Value Disclosure | Subordinated debt	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'	'
Carrying value of subordinated debt	$148,618,000	$148,412,000
Marketable securities	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'	'
Assets	22,187,000	23,951,000
Marketable securities | Quoted Prices in Active Markets for Indentical Assets (Level 1)	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'	'
Assets	22,187,000	23,951,000
Marketable securities | Significant Other Observable Inputs (Level 2)	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'	'
Assets	0	0
Marketable securities | Significant unobservable Inputs (Level 3)	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'	'
Assets	0	0
Derivative liabilities	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'	'
Liabilities	-219,000	-512,000
Derivative liabilities | Quoted Prices in Active Markets for Indentical Assets (Level 1)	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'	'
Liabilities	0	0
Derivative liabilities | Significant Other Observable Inputs (Level 2)	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'	'
Liabilities	-219,000	-512,000
Derivative liabilities | Significant unobservable Inputs (Level 3)	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'	'
Liabilities	0	0
Other equity investments	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'	'
Assets	'	1,508,000
Other equity investments | Quoted Prices in Active Markets for Indentical Assets (Level 1)	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'	'
Assets	'	1,508,000
Subordinated debt	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'	'
Liabilities	-160,500,000	-160,500,000
Subordinated debt | Quoted Prices in Active Markets for Indentical Assets (Level 1)	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'	'
Liabilities	0	0
Subordinated debt | Significant Other Observable Inputs (Level 2)	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'	'
Liabilities	-160,500,000	-160,500,000
Subordinated debt | Significant unobservable Inputs (Level 3)	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'	'
Liabilities	0	0
Senior debt	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'	'
Liabilities	-3,198,000	-3,665,000
Senior debt | Quoted Prices in Active Markets for Indentical Assets (Level 1)	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'	'
Liabilities	0	0
Senior debt | Significant Other Observable Inputs (Level 2)	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'	'
Liabilities	-3,198,000	-3,665,000
Senior debt | Significant unobservable Inputs (Level 3)	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'	'
Liabilities	$0	$0

Inventories_Details

Inventories (Details) (USD $)	Dec. 31, 2013	Mar. 31, 2013
In Thousands, unless otherwise specified
Inventory Disclosure [Abstract]	'	'
Raw materials	$56,999	$52,900
Work-in-process	16,011	10,813
Finished goods	52,310	50,722
At cost - FIFO basis:	125,320	114,435
LIFO cost less than FIFO cost	-20,162	-20,246
Net inventories	$105,158	$94,189

Marketable_Securities_Narrativ

Marketable Securities (Narratives) (Details) (USD $)	3 Months Ended		9 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Gain (Loss) on Investments [Line Items]	'	'	'	'
Marketable securities, realized loss, other than temporary impairments, description	'	'	'In accordance with ASC Topic 320-10-35-30 bInvestments b Debt & Equity Securities b Subsequent Measurement,b the Company reviews its marketable securities for declines in market value that may be considered other-than-temporary. The Company generally considers market value declines to be other-than-temporary if there are declines for a period longer than six months and in excess of 20% of original cost, or when other evidence indicates impairment. B We also consider the nature of the underlying investments, our intent and ability to hold the investments until their market values recover, and other market conditions in making this assessment.	'
Minimum decline in value of marketable securities to be called as other than temporaty impairment period	'	'	'6 months	'
Minimum decline in value of marketable securities to be called as other than temporary impairment percent	'	'	20.00%	'
Marketable securities, realized gain (loss)	$55,000	$147,000	$182,000	$399,000
Other Income Expense	'	'	'	'
Gain (Loss) on Investments [Line Items]	'	'	'	'
Gain on sale of certain investments	'	'	$1,354,000	'

Marketable_Securities_Summary_

Marketable Securities (Summary of available-for-sale securities ) (Details) (USD $)	Dec. 31, 2013	Mar. 31, 2013
In Thousands, unless otherwise specified
Schedule of Available-for-sale Securities [Line Items]	'	'
Aggregate Fair Value, Securities in a continuous loss position for less than 12 months	$8,171	'
Aggregate Fair Value, Securities in a continuous loss position for more than 12 months	0	'
Aggregate Fair Value	8,171	'
Unrealized Losses, Securities in a continuous loss position for less than 12 months	-269	'
Unrealized Losses, Securities in a continuous loss position for more than 12 months	0	'
Unrealized Losses	269	'
Other equity investments	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Cost	20,016	21,635
Gross Unrealized Gains	2,440	2,335
Gross Unrealized Losses	269	19
Estimated Fair Value	$22,187	$23,951

Goodwill_and_Intangible_Assets2

Goodwill and Intangible Assets (Narrative) (Details) (USD $)	Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Estimated amortization expense in 2014	$1,900,000
Estimated amortization expense in 2015	1,900,000
Estimated amortization expense in 2016	1,900,000
Estimated amortization expense in 2017	1,900,000
Estimated amortization expense in 2018	$1,900,000

Goodwill_and_Intangible_Assets3

Goodwill and Intangible Assets (Details) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Jun. 01, 2013	Mar. 31, 2013
Goodwill [Roll Forward]	'	'	'
Balance at April 1, 2013	$105,354	'	'
Acquisition of Hebetechnik (See Note 3)	'	5,324	'
Currency translation	1,602	'	'
Balance at December 31, 2013	112,280	'	'
Gross Carrying Amount	22,033	'	20,957
Accumulated Amortization	-9,395	'	-7,562
Net	12,638	'	13,395
Trademark	'	'	'
Goodwill [Roll Forward]	'	'	'
Gross Carrying Amount	5,958	'	5,556
Accumulated Amortization	-1,714	'	-1,370
Net	4,244	'	4,186
Customer relationships	'	'	'
Goodwill [Roll Forward]	'	'	'
Gross Carrying Amount	15,126	'	14,166
Accumulated Amortization	-7,388	'	-5,894
Net	7,738	'	8,272
Other	'	'	'
Goodwill [Roll Forward]	'	'	'
Gross Carrying Amount	949	'	1,235
Accumulated Amortization	-293	'	-298
Net	$656	'	$937

Derivative_Instruments_Narrati

Derivative Instruments (Narratives) (Details) (USD $)	Dec. 31, 2013
Derivatives Not Designated as Hedging Instruments | Foreign exchange contracts	'
Derivatives, Fair Value [Line Items]	'
Notional amount of foreign currency derivatives	$2,791,000
Designated as Hedging Instrument | Commodity Contract	'
Derivatives, Fair Value [Line Items]	'
Notional amount of foreign currency derivatives	$7,718,000

Derivative_Instruments_Pretax_

Derivative Instruments (Pretax effect of derivative instruments on the condensed consolidated statement of operations) (Details) (Foreign exchange contracts, USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Designated as Hedging Instrument	'	'	'	'
Derivatives, Fair Value [Line Items]	'	'	'	'
Amount of Gain or (Loss) Recognized in Other Comprehensive Income (Loss) on Derivatives (Effective Portion)	($2)	($128)	$114	($201)
Designated as Hedging Instrument | Cost of products sold	'	'	'	'
Derivatives, Fair Value [Line Items]	'	'	'	'
Amount of Gain or (Loss) Reclassified from AOCL into Income (Effective Portion)	-90	10	-165	125
Derivatives Not Designated as Hedging Instruments | Foreign currency exchange gain	'	'	'	'
Derivatives, Fair Value [Line Items]	'	'	'	'
Amount of Gain (Loss) Recognized in Income on Derivatives	($134)	($276)	($204)	$258

Derivative_Instruments_Derivat

Derivative Instruments (Derivative instruments in the condensed consolidated balance sheet) (Details) (Foreign exchange contracts, USD $)	Dec. 31, 2013	Mar. 31, 2013
In Thousands, unless otherwise specified
Designated as Hedging Instrument | Other Assets	'	'
Derivatives, Fair Value [Line Items]	'	'
Derivative assets, fair value	$190	$8
Designated as Hedging Instrument | Accrued Liabilities	'	'
Derivatives, Fair Value [Line Items]	'	'
Derivative liability, fair value	-196	-511
Derivatives Not Designated as Hedging Instruments | Other Assets	'	'
Derivatives, Fair Value [Line Items]	'	'
Derivative assets, fair value	0	95
Derivatives Not Designated as Hedging Instruments | Accrued Liabilities	'	'
Derivatives, Fair Value [Line Items]	'	'
Derivative liability, fair value	($213)	($104)

Debt_Narratives_Details

Debt (Narratives) (Details) (USD $)

9 Months Ended

9 Months Ended

Dec. 31, 2013

Jun. 02, 2011

Oct. 19, 2012

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Mar. 31, 2012

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

New Debt

1-Feb-14

1-Feb-15

1-Feb-16

1-Feb-17

Financial Standby Letter of Credit

Standby Letters of Credit

Maximum

Maximum

New Revolving Credit Facility

New Revolving Credit Facility

New Revolving Credit Facility

Letter of Credit

Revolver

Unsecured Lines of Credit

Minimum

1-Feb-14

Eurodollar

Revolver

Federal Funds Rate

Line of Credit Facility [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Maximum availability under New Revolving Credit Facility

'

'

'

'

'

'

'

'

'

$100,000,000

$85,000,000

'

'

'

New Revolving Credit Facility initial term expiration date

31-Oct-17

'

'

'

'

'

'

'

'

'

'

'

'

'

Maximum increase in availability of the New Revolving Credit Facility

75,000,000

'

'

'

'

'

'

'

'

'

'

'

13,400,000

'

Unused portion of the New Revolving Credit Facility

93,072,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Outstanding borrowings

0

'

'

'

'

'

'

'

'

'

'

'

6,964,000

'

Outstanding letters of credit

6,928,000

'

'

'

'

'

'

2,299,000

4,629,000

'

'

'

'

'

Basis spread

'

'

'

'

'

'

'

'

'

'

'

1.00%

'

0.50%

Revolving credit facility secured by Non US Subsidiary Stock

65.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

Fixed charge coverage ratio minimum

1.25

'

'

'

'

'

'

'

'

'

'

'

'

'

Maximum total leverage ratio

3.5

'

'

'

'

'

'

'

'

'

'

'

'

'

Annual capital expenditures, excluding capital expenditures for a global ERP system

30,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Fees and other costs paid to execute New Revolving Credit Facility

'

'

684,000

'

'

'

'

'

'

'

'

'

'

'

Issuance date

25-Jan-11

'

'

'

'

'

'

'

'

'

'

'

'

'

New Senior Subordinated note issued

150,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Stated interest rate percentage

7.88%

'

'

'

'

'

'

'

'

'

'

'

'

'

Debt instrument issued at Discount rate percent

98.55%

'

'

'

'

'

'

'

'

'

'

'

'

'

Redemption of outstanding notes percent maximum

'

'

'

35.00%

'

'

'

'

'

'

'

'

'

'

Redemption price of outstanding notes percent

'

'

'

107.88%

103.94%

101.97%

100.00%

'

'

'

'

'

'

'

Repurchase of notes at premium, percent

101.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

Carrying amount of the Company's revolving credit facility

'

150,000,000

'

'

'

'

'

'

'

'

'

'

'

'

Unsecured credit lines

6,872,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Amount drawn on unsecured credit lines

0

'

'

'

'

'

'

'

'

'

'

'

'

'

Credit line availability

991,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Amount drawn on credit line

$0

'

'

'

'

'

'

'

'

'

'

'

'

'

Net_Periodic_Benefit_Cost_Narr

Net Periodic Benefit Cost (Narratives) (Details) (USD $)	9 Months Ended
	Dec. 31, 2013
Compensation and Retirement Disclosure [Abstract]	'
Planned contributions to pension plans in fiscal 2014	$11,000,000

Net_Periodic_Benefit_Cost_Comp

Net Periodic Benefit Cost (Components of net periodic pension cost and net periodic postretirement benefit cost) (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Pension Plans, Defined Benefiit	'	'	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'	'	'
Service costs	$610	$623	$1,863	$1,869
Interest cost	2,472	2,481	7,299	7,443
Expected return on plan assets	-3,155	-2,803	-9,469	-8,410
Net amortization	1,720	1,558	4,879	4,675
Net periodic pension cost	1,647	1,859	4,572	5,577
Other Postretirement Benefit Plans, Defined Benefit	'	'	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'	'	'
Interest cost	66	78	191	234
Net periodic pension cost	99	114	267	341
Amortization of plan net losses	$33	$36	$76	$107

Earnings_Per_Share_Narratives_

Earnings Per Share (Narratives) (Details)	3 Months Ended		9 Months Ended		12 Months Ended	9 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Mar. 31, 2013	Dec. 31, 2013	Dec. 31, 2012	Jul. 26, 2010
						Stock Options	Stock Options	Stock Options
								LTIP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'	'
Antidilutive securities excluded from computation of earnings per share, amount	16,000	275,000	16,000	275,000	'	'	'	'
Total number of shares of common stock available for grant	'	'	'	'	'	'	'	1,250,000
Shares of stock were issued upon the exercising of stock option	'	'	'	'	'	159,594	30,798	'
Number of shares of restricted stock vested and were issued	'	'	'	'	58,539	'	'	'

Earnings_Per_Share_Computation

Earnings Per Share (Computation of basic and diluted earnings per share) (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Numerator for basic and diluted earnings per share:	'	'	'	'
Net income	$6,664	$9,579	$20,806	$26,267
Denominators:	'	'	'	'
Average basic shares outstanding	19,691,000	19,451,000	19,622,000	19,406,000
Effect of dilutive employee stock options and other share-based awards	$328	$246	$293	$214
Average diluted shares outstanding	20,019,000	19,697,000	19,915,000	19,620,000

Loss_Contingencies_Narratives_

Loss Contingencies (Narratives) (Details) (USD $)	9 Months Ended
	Dec. 31, 2013
Loss Contingencies [Line Items]	'
Asbestos-related aggregate liability - Minimum	$7,000,000
Asbestos-related aggregate liability - Maximum	12,000,000
Estimation of asbestos-related aggregate liability that is probable and estimable	9,200,000
Asbestos liability payments	2,000,000
Loss settlement gross period	'12 months
Estimation of product-related aggregate liability	$5,600,000
Minimum	'
Loss Contingencies [Line Items]	'
Loss contingency period	'18 years
Maximum	'
Loss Contingencies [Line Items]	'
Loss contingency period	'30 years

Income_Taxes_Narratives_Detail

Income Taxes (Narratives) (Details) (USD $)	3 Months Ended		9 Months Ended		12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Mar. 31, 2013	Mar. 31, 2012
Income Tax [Line Items]	'	'	'	'	'	'
Income tax expense as a percentage of income from continuing operations	12.00%	11.00%	25.00%	15.00%	'	'
Unrecognized Tax Benefits, Increases Resulting from Current Period Tax Positions	$1,249,000	'	'	'	'	'
Valuation allowance	'	'	'	'	49,161,000	53,325,000
Reduction in the valuation allowance	'	'	'	'	$5,107,000	'
Minimum | Scenario, Forecast	'	'	'	'	'	'
Income Tax [Line Items]	'	'	'	'	'	'
Income tax expense as a percentage of income from continuing operations	'	'	25.00%	'	'	'
Maximum | Scenario, Forecast	'	'	'	'	'	'
Income Tax [Line Items]	'	'	'	'	'	'
Income tax expense as a percentage of income from continuing operations	'	'	30.00%	'	'	'

Summary_Financial_Information_1

Summary Financial Information (Statement of Financial Position) (Details) (USD $)	Dec. 31, 2013	Mar. 31, 2013	Dec. 31, 2012	Mar. 31, 2012
In Thousands, unless otherwise specified
Current assets:	'	'	'	'
Cash and cash equivalents	$123,868	$121,660	$111,937	$89,473
Trade accounts receivable	75,555	80,224	'	'
Inventories	105,158	94,189	'	'
Prepaid expenses and other	19,639	17,905	'	'
Total current assets	324,220	313,978	'	'
Property, plant, and equipment, net	72,063	65,698	'	'
Goodwill	112,280	105,354	'	'
Other intangibles, net	12,638	13,395	'	'
Marketable securities	22,187	23,951	'	'
Deferred taxes on income	39,692	37,205	'	'
Other assets	6,490	7,286	'	'
Total assets	589,570	566,867	'	'
Trade accounts payable	30,126	34,329	'	'
Accrued liabilities	57,231	48,884	'	'
Current portion of long term debt	1,138	1,024	'	'
Total current liabilities	88,495	84,237	'	'
Senior debt, less current portion	2,060	2,641	'	'
Subordinated debt	148,618	148,412	'	'
Other non current liabilities	82,300	91,590	'	'
Total liabilities	321,473	326,880	'	'
Total shareholders' equity	268,097	239,987	'	'
Total liabilities and shareholders' equity	589,570	566,867	'	'
Stated interest rate percentage	7.88%	'	'	'
Parent	'	'	'	'
Current assets:	'	'	'	'
Cash and cash equivalents	82,476	79,412	67,255	55,958
Trade accounts receivable	35,740	37,967	'	'
Inventories	28,288	28,117	'	'
Prepaid expenses and other	10,432	10,850	'	'
Total current assets	156,936	156,346	'	'
Property, plant, and equipment, net	39,433	39,552	'	'
Goodwill	40,696	40,696	'	'
Other intangibles, net	265	253	'	'
Intercompany	24,182	5,805	'	'
Deferred taxes on income	26,625	27,215	'	'
Investment in subsidiaries	203,753	203,753	'	'
Other assets	5,954	6,690	'	'
Total assets	497,844	480,310	'	'
Trade accounts payable	11,837	17,433	'	'
Accrued liabilities	24,281	21,710	'	'
Total current liabilities	36,118	39,143	'	'
Subordinated debt	148,618	148,412	'	'
Other non current liabilities	45,011	52,768	'	'
Total liabilities	229,747	240,323	'	'
Total shareholders' equity	268,097	239,987	'	'
Total liabilities and shareholders' equity	497,844	480,310	'	'
Guarantors	'	'	'	'
Current assets:	'	'	'	'
Cash and cash equivalents	0	0	0	5
Trade accounts receivable	4,278	4,068	'	'
Inventories	15,523	14,230	'	'
Prepaid expenses and other	1,540	1,371	'	'
Total current assets	21,341	19,669	'	'
Property, plant, and equipment, net	11,521	11,612	'	'
Goodwill	31,025	31,025	'	'
Intercompany	51,122	63,368	'	'
Deferred taxes on income	2,389	2,389	'	'
Other assets	525	525	'	'
Total assets	117,923	128,588	'	'
Trade accounts payable	5,910	7,018	'	'
Accrued liabilities	4,371	3,952	'	'
Current portion of long term debt	337	311	'	'
Total current liabilities	10,618	11,281	'	'
Senior debt, less current portion	1,394	1,650	'	'
Other non current liabilities	5,792	5,875	'	'
Total liabilities	17,804	18,806	'	'
Total shareholders' equity	100,119	109,782	'	'
Total liabilities and shareholders' equity	117,923	128,588	'	'
Guarantor ownership percentage	100.00%	'	'	'
Non Guarantors	'	'	'	'
Current assets:	'	'	'	'
Cash and cash equivalents	41,392	42,248	44,682	33,510
Trade accounts receivable	35,537	38,189	'	'
Inventories	61,347	51,842	'	'
Prepaid expenses and other	7,667	5,684	'	'
Total current assets	145,943	137,963	'	'
Property, plant, and equipment, net	21,109	14,534	'	'
Goodwill	40,559	33,633	'	'
Other intangibles, net	12,373	13,142	'	'
Intercompany	-75,304	-69,173	'	'
Marketable securities	22,187	23,951	'	'
Deferred taxes on income	10,678	7,601	'	'
Other assets	11	71	'	'
Total assets	177,556	161,722	'	'
Trade accounts payable	12,379	9,878	'	'
Accrued liabilities	28,579	23,222	'	'
Current portion of long term debt	801	713	'	'
Total current liabilities	41,759	33,813	'	'
Senior debt, less current portion	666	991	'	'
Other non current liabilities	31,497	32,947	'	'
Total liabilities	73,922	67,751	'	'
Total shareholders' equity	103,634	93,971	'	'
Total liabilities and shareholders' equity	177,556	161,722	'	'
Eliminations	'	'	'	'
Current assets:	'	'	'	'
Investment in subsidiaries	-203,753	-203,753	'	'
Total assets	-203,753	-203,753	'	'
Trade accounts payable	0	0	'	'
Total shareholders' equity	-203,753	-203,753	'	'
Total liabilities and shareholders' equity	($203,753)	($203,753)	'	'

Summary_Financial_Information_2

Summary Financial Information (Statements of Operations and (Accumulated Deficit) Retained Earnings) (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Net sales	$145,072	$153,225	$422,815	$452,710
Cost of products sold	102,075	109,428	292,067	322,687
Gross profit	42,997	43,797	130,748	130,023
Selling expenses	16,188	16,390	50,216	49,204
General and administrative expenses	15,230	12,725	42,247	39,448
Amortization of intangibles	478	493	1,463	1,481
Income from operations	11,101	14,189	36,822	39,890
Interest and debt expense	3,395	3,413	10,138	10,418
Investment income	-254	-354	-746	-1,017
Foreign currency exchange loss	568	293	988	147
Other expense and (income), net	-147	65	-1,319	-429
Income before income tax expense	7,539	10,772	27,761	30,771
Income tax expense	875	1,193	6,955	4,504
Net income	6,664	9,579	20,806	26,267
Parent	'	'	'	'
Net sales	58,669	63,278	176,863	180,008
Cost of products sold	41,692	44,711	123,738	128,941
Gross profit	16,977	18,567	53,125	51,067
Selling expenses	5,763	5,682	17,747	17,109
General and administrative expenses	6,703	4,050	15,209	12,952
Amortization of intangibles	25	26	72	73
Income from operations	4,486	8,809	20,097	20,933
Interest and debt expense	3,233	3,863	9,718	9,961
Foreign currency exchange loss	-16	27	24	2
Other expense and (income), net	-333	-1,018	-2,473	-1,163
Income before income tax expense	1,602	5,937	12,828	12,133
Income tax expense	385	250	3,893	17
Equity in income from continuing operations of subsidiaries	5,447	3,892	11,871	14,151
Net income	6,664	9,579	20,806	26,267
Guarantors	'	'	'	'
Net sales	31,947	34,323	98,472	117,522
Cost of products sold	25,967	27,904	78,593	97,740
Gross profit	5,980	6,419	19,879	19,782
Selling expenses	1,323	1,402	4,016	4,535
General and administrative expenses	2,269	3,464	10,092	11,462
Amortization of intangibles	0	'	0	'
Income from operations	2,388	1,553	5,771	3,785
Interest and debt expense	42	-532	132	152
Other expense and (income), net	-844	-180	-2,424	-164
Income before income tax expense	3,190	2,265	8,063	3,797
Income tax expense	1,393	-80	3,393	0
Net income	1,797	2,345	4,670	3,797
Non Guarantors	'	'	'	'
Net sales	69,073	68,439	190,386	195,625
Cost of products sold	49,033	49,628	132,642	136,451
Gross profit	20,040	18,811	57,744	59,174
Selling expenses	9,102	9,306	28,453	27,560
General and administrative expenses	6,258	5,211	16,946	15,034
Amortization of intangibles	453	467	1,391	1,408
Income from operations	4,227	3,827	10,954	15,172
Interest and debt expense	120	82	288	305
Investment income	-254	-354	-746	-1,017
Foreign currency exchange loss	584	266	964	145
Other expense and (income), net	1,030	1,263	3,578	898
Income before income tax expense	2,747	2,570	6,870	14,841
Income tax expense	-903	1,023	-331	4,487
Net income	3,650	1,547	7,201	10,354
Eliminations	'	'	'	'
Net sales	-14,617	-12,815	-42,906	-40,445
Cost of products sold	-14,617	-12,815	-42,906	-40,445
Equity in income from continuing operations of subsidiaries	-5,447	-3,892	-11,871	-14,151
Net income	($5,447)	($3,892)	($11,871)	($14,151)

Summary_Financial_Information_3

Summary Financial Information (Consolidated Statements of Cash Flows ) (Details) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Operating activities:	'	'
Net cash provided by (used for) operating activities	$17,958	$26,287
INVESTING ACTIVITIES:	'	'
Proceeds from sale of marketable securities	5,444	4,907
Purchases of marketable securities	-3,611	-2,724
Capital expenditures	-13,484	-7,139
Proceeds from sale of assets	0	2,357
Purchase of business	-5,847	0
Intercompany transactions	0	'
Net cash used for investing activities	-17,498	-2,599
FINANCING ACTIVITIES:	'	'
Net payments under lines-of-credit	-7	-52
Proceeds from exercise of stock options	1,464	232
Repayment of debt	-566	-592
Change in ESOP guarantee	308	318
Other	-7	-958
Net cash provided by (used for) financing activities	1,199	-778
Effect of exchange rate changes on cash	549	-446
Net change in cash and cash equivalents	2,208	22,464
Cash and cash equivalents at beginning of period	121,660	89,473
Cash and cash equivalents at end of period	123,868	111,937
Parent	'	'
Operating activities:	'	'
Net cash provided by (used for) operating activities	18,408	15,908
INVESTING ACTIVITIES:	'	'
Proceeds from sale of marketable securities	'	0
Purchases of marketable securities	'	0
Capital expenditures	-3,814	-4,683
Proceeds from sale of assets	'	0
Intercompany transactions	-13,303	'
Net cash used for investing activities	-17,117	-4,683
FINANCING ACTIVITIES:	'	'
Proceeds from exercise of stock options	1,464	232
Repayment of debt	-1	'
Change in ESOP guarantee	308	'
Other	'	-160
Net cash provided by (used for) financing activities	1,773	72
Net change in cash and cash equivalents	3,064	11,297
Cash and cash equivalents at beginning of period	79,412	55,958
Cash and cash equivalents at end of period	82,476	67,255
Guarantors	'	'
Operating activities:	'	'
Net cash provided by (used for) operating activities	1,559	-1,715
INVESTING ACTIVITIES:	'	'
Proceeds from sale of marketable securities	'	0
Purchases of marketable securities	'	0
Capital expenditures	-1,328	-445
Proceeds from sale of assets	'	2,357
Net cash used for investing activities	-1,328	1,912
FINANCING ACTIVITIES:	'	'
Repayment of debt	-231	'
Other	'	-202
Net cash provided by (used for) financing activities	-231	-202
Net change in cash and cash equivalents	'	-5
Cash and cash equivalents at beginning of period	0	5
Cash and cash equivalents at end of period	0	0
Non Guarantors	'	'
Operating activities:	'	'
Net cash provided by (used for) operating activities	-2,009	12,094
INVESTING ACTIVITIES:	'	'
Proceeds from sale of marketable securities	5,444	4,907
Purchases of marketable securities	-3,611	-2,724
Capital expenditures	-8,342	-2,011
Proceeds from sale of assets	'	0
Purchase of business	-5,847	'
Intercompany transactions	13,303	'
Net cash used for investing activities	947	172
FINANCING ACTIVITIES:	'	'
Net payments under lines-of-credit	'	-52
Proceeds from exercise of stock options	'	0
Repayment of debt	-336	'
Other	-7	-596
Net cash provided by (used for) financing activities	-343	-648
Effect of exchange rate changes on cash	549	-446
Net change in cash and cash equivalents	-856	11,172
Cash and cash equivalents at beginning of period	42,248	33,510
Cash and cash equivalents at end of period	41,392	44,682
Eliminations	'	'
INVESTING ACTIVITIES:	'	'
Purchase of business	0	'
FINANCING ACTIVITIES:	'	'
Proceeds from exercise of stock options	$0	'

Summary_Financial_Information_4

Summary Financial Information (OCI Statement) (Details) (USD $)	3 Months Ended				9 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2013		Dec. 31, 2012
Net income	$6,664		$9,579		$20,806		$26,267
Other comprehensive income (loss), net of tax:	'		'		'		'
Foreign currency translation adjustments	871		2,628		3,806		-49
Change in derivatives qualifying as hedges, net of tax	88	[1]	-138	[1]	279	[1]	-326	[1]
Change in pension liability and post-retirement obligations, net of tax	-11		-24		-131		9
Adjustments:	'		'		'		'
Unrealized holding gain (loss) arising during the period, net of tax	262	[1]	194	[1]	120	[1]	489	[1]
Reclassification adjustment for loss included in net income, net of tax	-36	[1]	-253	[1]	-998	[1]	-400	[1]
Net change in unrealized (gain) loss on investments	226		-59		-878		89
Total other comprehensive income (loss)	1,174		2,407		3,076		-277
Comprehensive income	7,838		11,986		23,882		25,990
Parent	'		'		'		'
Net income	6,664		9,579		20,806		26,267
Other comprehensive income (loss), net of tax:	'		'		'		'
Change in derivatives qualifying as hedges, net of tax	-10		-161		16		-118
Change in pension liability and post-retirement obligations, net of tax	0		'		0		'
Adjustments:	'		'		'		'
Unrealized holding gain (loss) arising during the period, net of tax	0		'		96		'
Reclassification adjustment for loss included in net income, net of tax	0		'		-880		'
Net change in unrealized (gain) loss on investments	0		'		-784		'
Total other comprehensive income (loss)	-10		-161		-768		-118
Comprehensive income	6,654		9,418		20,038		26,149
Guarantors	'		'		'		'
Net income	1,797		2,345		4,670		3,797
Other comprehensive income (loss), net of tax:	'		'		'		'
Foreign currency translation adjustments	1,648		'		6,701		'
Adjustments:	'		'		'		'
Total other comprehensive income (loss)	1,648		'		6,701		'
Comprehensive income	3,445		2,345		11,371		3,797
Non Guarantors	'		'		'		'
Net income	3,650		1,547		7,201		10,354
Other comprehensive income (loss), net of tax:	'		'		'		'
Foreign currency translation adjustments	-777		2,628		-2,895		-49
Change in derivatives qualifying as hedges, net of tax	98		23		263		-208
Change in pension liability and post-retirement obligations, net of tax	-11		-24		-131		9
Adjustments:	'		'		'		'
Unrealized holding gain (loss) arising during the period, net of tax	262		194		24		489
Reclassification adjustment for loss included in net income, net of tax	-36		-253		-118		-400
Net change in unrealized (gain) loss on investments	226		-59		-94		89
Total other comprehensive income (loss)	-464		2,568		-2,857		-159
Comprehensive income	3,186		4,115		4,344		10,195
Eliminations	'		'		'		'
Net income	-5,447		-3,892		-11,871		-14,151
Adjustments:	'		'		'		'
Comprehensive income	($5,447)		($3,892)		($11,871)		($14,151)
[1]	The zero net deferred tax benefit related to the unrealized holding gains and losses and reclassification adjustments on investments during the three and nine month periods ended December 31, 2012 is related to the deferred tax asset valuation allowanceB that was recorded in that period.

Changes_in_Other_Comprehensive2

Changes in Other Comprehensive Loss (Narrative) (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013		Dec. 31, 2013		Jun. 30, 2013
Reclassification out of Accumulated Other Comprehensive Income [Line Items]	'		'		'
Beginning Balance Net of Tax	'		($56,155)		($54,253)
Other Comprehensive (loss) income before reclassification	-107		441		'
Amounts reclassified from other comprehensive loss	1,281		2,635		'
Net current period other comprehensive (loss) income	1,174		3,076		'
Ending Balance	-53,079		-53,079		-54,253
Unrealized Investment Gain	'		'		'
Reclassification out of Accumulated Other Comprehensive Income [Line Items]	'		'		'
Beginning Balance Net of Tax	'		2,808		1,704
Other Comprehensive (loss) income before reclassification	262		120		'
Amounts reclassified from other comprehensive loss	-36		-998		'
Net current period other comprehensive (loss) income	226		-878		'
Ending Balance	1,930		1,930		1,704
Retirement Obligations	'		'		'
Reclassification out of Accumulated Other Comprehensive Income [Line Items]	'		'		'
Beginning Balance Net of Tax	'		-60,715		-60,835
Other Comprehensive (loss) income before reclassification	-1,238		-3,599		'
Amounts reclassified from other comprehensive loss	1,227		3,468		'
Net current period other comprehensive (loss) income	-11		-131		'
Ending Balance	-60,846		-60,846		-60,835
Foreign currency exchange gain	'		'		'
Reclassification out of Accumulated Other Comprehensive Income [Line Items]	'		'		'
Beginning Balance Net of Tax	'		2,205		5,140
Other Comprehensive (loss) income before reclassification	871		3,806		'
Net current period other comprehensive (loss) income	871		3,806		'
Ending Balance	6,011		6,011		5,140
Change in Derivatives Qualifying as Hedges	'		'		'
Reclassification out of Accumulated Other Comprehensive Income [Line Items]	'		'		'
Beginning Balance Net of Tax	'		-453		-262
Other Comprehensive (loss) income before reclassification	-2		114		'
Amounts reclassified from other comprehensive loss	90		165		'
Net current period other comprehensive (loss) income	88		279		'
Ending Balance	-174		-174		-262
Investment income | Unrealized Investment Gain	'		'		'
Reclassification out of Accumulated Other Comprehensive Income [Line Items]	'		'		'
Amounts reclassified from other comprehensive loss	-55		-1,536		'
Tax expense | Unrealized Investment Gain	'		'		'
Reclassification out of Accumulated Other Comprehensive Income [Line Items]	'		'		'
Amounts reclassified from other comprehensive loss	19		538		'
Tax expense | Retirement Obligations	'		'		'
Reclassification out of Accumulated Other Comprehensive Income [Line Items]	'		'		'
Amounts reclassified from other comprehensive loss	526		1,487		'
Tax expense | Change in Derivatives Qualifying as Hedges	'		'		'
Reclassification out of Accumulated Other Comprehensive Income [Line Items]	'		'		'
Amounts reclassified from other comprehensive loss	39		71		'
Cost of products sold | Retirement Obligations	'		'		'
Reclassification out of Accumulated Other Comprehensive Income [Line Items]	'		'		'
Amounts reclassified from other comprehensive loss	1,753	[1]	4,955	[1]	'
Cost of products sold | Change in Derivatives Qualifying as Hedges	'		'		'
Reclassification out of Accumulated Other Comprehensive Income [Line Items]	'		'		'
Amounts reclassified from other comprehensive loss	$129		$236		'
[1]	These AOCL components are included in the computation of net periodic pension cost. (See Note 10 b Net Periodic Benefit Cost for additional details.)