RBC Bearings (RBC) 10-Q 31 Jan 25 2025 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Dec. 28, 2024	Jan. 24, 2025
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Entity Interactive Data Current	Yes
Amendment Flag	false
Document Period End Date	Dec. 28, 2024
Document Fiscal Year Focus	2025
Document Fiscal Period Focus	Q3
Entity Information [Line Items]
Entity Registrant Name	RBC BEARINGS INCORPORATED
Entity Central Index Key	0001324948
Entity File Number	001-40840
Entity Tax Identification Number	95-4372080
Entity Incorporation, State or Country Code	DE
Current Fiscal Year End Date	--03-29
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Contact Personnel [Line Items]
Entity Address, Address Line One	One Tribology Center
Entity Address, City or Town	Oxford
Entity Address, State or Province	CT
Entity Address, Postal Zip Code	06478
Entity Phone Fax Numbers [Line Items]
City Area Code	(203)
Local Phone Number	267-7001
Entity Listings [Line Items]
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	RBC
Security Exchange Name	NYSE
Entity Common Stock, Shares Outstanding		31,444,245

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 28, 2024	Mar. 30, 2024
Current assets:
Cash and cash equivalents	$ 60.6	$ 63.5
Accounts receivable, net of allowances of $4.7 as of December 28, 2024 and $4.4 as of March 30, 2024	256.1	255.2
Inventory	656.9	622.8
Prepaid expenses and other current assets	29.7	24
Total current assets	1,003.3	965.5
Property, plant and equipment, net	357.7	361
Operating lease assets, net	46.4	41.4
Goodwill	1,871.6	1,874.9
Intangible assets, net	1,341.6	1,391.9
Other noncurrent assets	45.1	43.9
Total assets	4,665.7	4,678.6
Current liabilities:
Accounts payable	130.1	116.2
Accrued expenses and other current liabilities	152.9	167.3
Current operating lease liabilities	8	7
Current portion of long-term debt	1.7	3.8
Total current liabilities	292.7	294.3
Long-term debt, less current portion	999.7	1,188.1
Noncurrent operating lease liabilities	39.1	35.3
Deferred income taxes	270.9	284.2
Other noncurrent liabilities	124.1	124.8
Total liabilities	1,726.5	1,926.7
Stockholders’ equity:
Preferred stock, $.01 par value; authorized shares: 10,000,000 as of December 28, 2024 and March 30, 2024, respectively; issued and outstanding shares: 0 and 4,600,000 as of December 28, 2024 and March 30, 2024, respectively		0
Common stock, $.01 par value; authorized shares: 60,000,000 at December 28, 2024 and March 30, 2024, respectively; issued and outstanding shares: 32,488,692 and 30,227,444 as of December 28, 2024 and March 30, 2024, respectively	0.3	0.3
Additional paid-in capital	1,666.7	1,625.2
Accumulated other comprehensive income/(loss)	(6)	0.7
Retained earnings	1,377.9	1,216.8
Treasury stock, at cost: 1,044,147 shares and 1,015,053 shares as of December 28, 2024 and March 30, 2024, respectively	(99.7)	(91.1)
Total stockholders’ equity	2,939.2	2,751.9
Total liabilities and stockholders’ equity	$ 4,665.7	$ 4,678.6

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Millions	Dec. 28, 2024	Mar. 30, 2024
Statement of Financial Position [Abstract]
Accounts receivable, allowance for doubtful accounts (in Dollars)	$ 4.7	$ 4.4
Preferred stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	4,600,000
Preferred stock, shares outstanding	0	4,600,000
Common stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	60,000,000	60,000,000
Common stock, shares issued	32,488,692	30,227,444
Common stock, shares outstanding	32,488,692	30,227,444
Treasury stock, at cost	1,044,147	1,015,053

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 28, 2024	Dec. 30, 2023
Income Statement [Abstract]
Net sales	$ 394.4	$ 373.9	$ 1,198.6	$ 1,146.6
Cost of sales	219.5	215.9	665.9	654.4
Gross margin	174.9	158	532.7	492.2
Operating expenses:
Selling, general and administrative	70.1	63.9	207.2	189.1
Other, net	19.2	18.9	56.3	55.1
Total operating expenses	89.3	82.8	263.5	244.2
Operating income	85.6	75.2	269.2	248
Interest expense, net	14.2	19.3	47	59.9
Other non-operating (income)/expense	(3.3)	(0.9)	(1.8)	0.4
Income before income taxes	74.7	56.8	224	187.7
Provision for income taxes	16.8	10.2	50.5	39.4
Net income	57.9	46.6	173.5	148.3
Preferred stock dividends	1	5.8	12.4	17.3
Net income attributable to common stockholders	$ 56.9	$ 40.8	$ 161.1	$ 131
Net income per common share attributable to common stockholders:
Basic (in Dollars per share)	$ 1.83	$ 1.41	$ 5.42	$ 4.53
Diluted (in Dollars per share)	$ 1.82	$ 1.39	$ 5.38	$ 4.49
Weighted average common shares:
Basic (in Shares)	31,041,126	28,924,073	29,740,170	28,885,453
Diluted (in Shares)	31,222,623	29,204,570	29,953,883	29,153,469

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Dec. 28, 2024	Dec. 30, 2023	Dec. 28, 2024	Dec. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income		$ 57.9	$ 46.6	$ 173.5	$ 148.3
Pension and postretirement liability adjustments, net of taxes	[1]	0.3	0.2	0.9	0.7
Change in fair value of interest rate swap	[2]	0.3	(3.2)	(1.6)	2.1
Change in fair value of cross currency swap	[3]	2.5		0.4
Foreign currency translation adjustments		(12)	10.9	(6.4)	9
Total comprehensive income		$ 49	$ 54.5	$ 166.8	$ 160.1
[1] These adjustments were net of tax expense of $0.0 and $0.1 for the three-month periods ended December 28, 2024, and December 30, 2023, respectively, and net of tax expense of $0.1 and $0.3 for the nine-month periods ended December 28, 2024, and December 30, 2023, respectively. These adjustments were net of tax expense of $0.1 and net of tax benefit of $1.0 for the three-month periods ended December 28, 2024, and December 30, 2023, respectively, and net of tax benefit of $0.4 and net of tax expense of $0.5 for the nine-month periods ended December 28, 2024, and December 30, 2023, respectively. These adjustments were net of tax expense of $0.7 and $0.1 for the three- and nine-month periods ended December 28, 2024, respectively.

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Unaudited) (Parentheticals) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 28, 2024	Dec. 30, 2023
Statement of Comprehensive Income [Abstract]
Pension and postretirement liability adjustments, net of taxes	$ 0	$ 0.1	$ 0.1	$ 0.3
Change in fair value of interest rate swap, net of taxes	0.1	$ 1	0.4	$ 0.5
Change in fair value of cross currency swap, net of taxes	$ 0.7		$ 0.1

Consolidated Statements of Stoc

Consolidated Statements of Stockholders’ Equity (Unaudited) - USD ($) $ in Millions	Common Stock	Preferred Stock	Additional Paid-in Capital	Accumulated Other Comprehensive Income/(Loss)	Retained Earnings	Treasury Stock	Total
Balance at Apr. 01, 2023	$ 0.3	$ 0	$ 1,589.9	$ (4.1)	$ 1,029.9	$ (80.1)	$ 2,535.9
Balance (in Shares) at Apr. 01, 2023	29,989,948	4,600,000				(966,398)
Net income					50		50
Stock-based compensation			4.9				4.9
Preferred stock dividends					(5.7)		(5.7)
Repurchase of common stock						$ (6.8)	(6.8)
Repurchase of common stock (in Shares)						(32,804)
Exercise of equity awards			1				1
Exercise of equity awards (in Shares)	11,772
Change in pension and post-retirement plan benefit adjustments, net of tax expense (benefit)				0.5			0.5
Issuance of stock, net of forfeitures
Issuance of stock, net of forfeitures (in Shares)	54,627
Change in fair value of interest rate swap, net of tax expense (benefit)				4.8			4.8
Currency translation adjustments				3.1			3.1
Balance at Jul. 01, 2023	$ 0.3	$ 0	1,595.8	4.3	1,074.2	$ (86.9)	2,587.7
Balance (in Shares) at Jul. 01, 2023	30,056,347	4,600,000				(999,202)
Net income					51.7		51.7
Stock-based compensation			3.3				3.3
Preferred stock dividends					(5.8)		(5.8)
Repurchase of common stock						$ (0.2)	(0.2)
Repurchase of common stock (in Shares)						(736)
Exercise of equity awards			2				2
Exercise of equity awards (in Shares)	14,013
Change in pension and post-retirement plan benefit adjustments, net of tax expense (benefit)				0			0
Issuance of stock, net of forfeitures
Issuance of stock, net of forfeitures (in Shares)	13,885
Change in fair value of interest rate swap, net of tax expense (benefit)				0.5			0.5
Currency translation adjustments				(5)			(5)
Balance at Sep. 30, 2023	$ 0.3	$ 0	1,601.1	(0.2)	1,120.1	$ (87.1)	2,634.2
Balance (in Shares) at Sep. 30, 2023	30,084,245	4,600,000				(999,938)
Net income					46.6		46.6
Stock-based compensation			3.5				3.5
Preferred stock dividends					(5.8)		(5.8)
Repurchase of common stock						$ (0.6)	(0.6)
Repurchase of common stock (in Shares)						(2,527)
Exercise of equity awards			10.8				10.8
Exercise of equity awards (in Shares)	87,577
Change in pension and post-retirement plan benefit adjustments, net of tax expense (benefit)				0.2			0.2
Issuance of stock, net of forfeitures
Issuance of stock, net of forfeitures (in Shares)	1,828
Change in fair value of interest rate swap, net of tax expense (benefit)				(3.2)			(3.2)
Currency translation adjustments				10.9			10.9
Balance at Dec. 30, 2023	$ 0.3	$ 0	1,615.4	7.7	1,160.9	$ (87.7)	2,696.6
Balance (in Shares) at Dec. 30, 2023	30,173,650	4,600,000				(1,002,465)
Balance at Mar. 30, 2024	$ 0.3	$ 0	1,625.2	0.7	1,216.8	$ (91.1)	2,751.9
Balance (in Shares) at Mar. 30, 2024	30,227,444	4,600,000				(1,015,053)
Net income					61.4		61.4
Stock-based compensation			4.2				4.2
Preferred stock dividends					(5.7)		(5.7)
Repurchase of common stock						$ (8)	(8)
Repurchase of common stock (in Shares)						(27,208)
Exercise of equity awards			1.2				1.2
Exercise of equity awards (in Shares)	8,642
Change in pension and post-retirement plan benefit adjustments, net of tax expense (benefit)				0			0
Issuance of stock, net of forfeitures
Issuance of stock, net of forfeitures (in Shares)	27,399
Change in fair value of interest rate swap, net of tax expense (benefit)				(0.1)			(0.1)
Currency translation adjustments				(1)			(1)
Balance at Jun. 29, 2024	$ 0.3	$ 0	1,630.6	(0.4)	1,272.5	$ (99.1)	2,803.9
Balance (in Shares) at Jun. 29, 2024	30,263,485	4,600,000				(1,042,261)
Balance at Mar. 30, 2024	$ 0.3	$ 0	1,625.2	0.7	1,216.8	$ (91.1)	2,751.9
Balance (in Shares) at Mar. 30, 2024	30,227,444	4,600,000				(1,015,053)
Net income							173.5
Balance at Dec. 28, 2024	$ 0.3		1,666.7	(6)	1,377.9	$ (99.7)	2,939.2
Balance (in Shares) at Dec. 28, 2024	32,488,692					(1,044,147)
Balance at Jun. 29, 2024	$ 0.3	$ 0	1,630.6	(0.4)	1,272.5	$ (99.1)	2,803.9
Balance (in Shares) at Jun. 29, 2024	30,263,485	4,600,000				(1,042,261)
Net income					54.2		54.2
Stock-based compensation			4				4
Preferred stock dividends					(5.7)		(5.7)
Repurchase of common stock						$ (0.4)	(0.4)
Repurchase of common stock (in Shares)						(1,469)
Conversion of mandatory convertible preferred stock to common stock
Conversion of mandatory convertible preferred stock to common stock (in Shares)	661	(1,500)
Exercise of equity awards			24				24
Exercise of equity awards (in Shares)	147,484
Change in pension and post-retirement plan benefit adjustments, net of tax expense (benefit)				0.6			0.6
Issuance of stock, net of forfeitures
Issuance of stock, net of forfeitures (in Shares)	(269)
Change in fair value of interest rate swap, net of tax expense (benefit)				(1.8)			(1.8)
Change in fair value of cross currency swap, net of tax expense (benefit)				(2.1)			(2.1)
Currency translation adjustments				6.6			6.6
Balance at Sep. 28, 2024	$ 0.3	$ 0	1,658.6	2.9	1,321	$ (99.5)	2,883.3
Balance (in Shares) at Sep. 28, 2024	30,411,361	4,598,500				(1,043,730)
Net income					57.9		57.9
Stock-based compensation			2.9				2.9
Preferred stock dividends					(1)		(1)
Repurchase of common stock						$ (0.2)	(0.2)
Repurchase of common stock (in Shares)						(417)
Conversion of mandatory convertible preferred stock to common stock
Conversion of mandatory convertible preferred stock to common stock (in Shares)	2,029,294	(4,598,500)
Exercise of equity awards			4.8				4.8
Exercise of equity awards (in Shares)	33,772
Change in pension and post-retirement plan benefit adjustments, net of tax expense (benefit)				0.3			0.3
Issuance of stock, net of forfeitures			0.4				0.4
Issuance of stock, net of forfeitures (in Shares)	14,265
Change in fair value of interest rate swap, net of tax expense (benefit)				0.3			0.3
Change in fair value of cross currency swap, net of tax expense (benefit)				2.5			2.5
Currency translation adjustments				(12)			(12)
Balance at Dec. 28, 2024	$ 0.3		$ 1,666.7	$ (6)	$ 1,377.9	$ (99.7)	$ 2,939.2
Balance (in Shares) at Dec. 28, 2024	32,488,692					(1,044,147)

Consolidated Statements of St_2

Consolidated Statements of Stockholders’ Equity (Unaudited) (Parentheticals) - USD ($) $ in Millions	3 Months Ended
	Dec. 28, 2024	Sep. 28, 2024	Jun. 29, 2024	Dec. 30, 2023	Sep. 30, 2023	Jul. 01, 2023
Statement of Stockholders' Equity [Abstract]
Change in pension and post-retirement plan benefit adjustments, net of taxes	$ 0	$ 0.1	$ 0	$ 0.1	$ 0	$ 0.2
Change in fair value of interest rate swap, net of taxes	0.1	0.5	$ 0	$ 1	$ 0.1	$ 1.4
Change in fair value of Cross Currency Swap, net of taxes	$ 0.7	$ 0.6

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	9 Months Ended
	Dec. 28, 2024	Dec. 30, 2023
Cash flows from operating activities:
Net income	$ 173.5	$ 148.3
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	89.9	89.6
Deferred income taxes	(13.4)	(10.8)
Amortization of deferred financing costs	1.7	2.3
Stock-based compensation	20.3	13.3
Noncash operating lease expense	4.6	5.1
Loss on disposition of assets	0.1	0.8
Consolidation, restructuring, and other noncash charges		0.6
Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable	(2.4)	13
Inventory	(36.2)	(36)
Prepaid expenses and other current assets	(4.9)	(4.8)
Other noncurrent assets	(2.1)	(4.1)
Accounts payable	14.1	(23.3)
Accrued expenses and other current liabilities	(19.2)	1.4
Other noncurrent liabilities	(1.6)	(0.2)
Net cash provided by operating activities	224.4	195.2
Cash flows from investing activities:
Capital expenditures	(35.6)	(23.7)
Proceeds from sale of assets		0.3
Acquisition of business/purchase price adjustments for acquisition		(19.3)
Net cash used in investing activities	(35.6)	(42.7)
Cash flows from financing activities:
Proceeds received from revolving credit facilities	40	18
Repayment of revolving credit facilities	(60.4)
Repayments of term loans	(175)	(150)
Repayments of notes payable	(1.4)	(1.4)
Proceeds from mortgage	4.5
Principal payments on finance lease obligations	(3.2)	(2.5)
Preferred stock dividends paid	(17.2)	(17.3)
Exercise of stock options	30	13.8
Repurchase of common stock	(8.6)	(7.6)
Net cash used in financing activities	(191.3)	(147)
Effect of exchange rate changes on cash	(0.4)	0.7
Cash and cash equivalents:
Increase/(decrease) during the period	(2.9)	6.2
Cash and cash equivalents, at beginning of period	63.5	65.4
Cash and cash equivalents, at end of period	60.6	71.6
Supplemental disclosures of cash flow information:
Income taxes	78.8	55.2
Interest	$ 48.3	$ 63.2

Basis of Presentation

Basis of Presentation	9 Months Ended
	Dec. 28, 2024
Basis of Presentation [Abstract]
Basis of Presentation	1. Basis of Presentation The interim consolidated financial statements included herein have been prepared by RBC Bearings Incorporated, a Delaware corporation (collectively with its subsidiaries, the “Company”), without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (SEC). The interim financial statements included with this report have been prepared on a consistent basis with the Company’s audited financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended March 30, 2024 (our “Annual Report”). We condensed or omitted certain information and footnote disclosures normally included in our annual audited financial statements, which we prepared in accordance with U.S. Generally Accepted Accounting Principles (GAAP). As used in this report, the terms “we,” “us,” “our,” “RBC” and the “Company” mean RBC Bearings Incorporated and its subsidiaries, unless the context indicates another meaning. These financial statements reflect all adjustments, accruals, and estimates, consisting only of items of a normal recurring nature, that are, in the opinion of management, necessary for the fair presentation of the consolidated financial condition and consolidated results of operations for the interim periods presented. These financial statements should be read in conjunction with the Company’s audited financial statements and notes thereto included in our Annual Report. The results of operations for the three- and nine-month periods ended December 28, 2024 are not necessarily indicative of the operating results for the entire fiscal year ending March 29, 2025. The three-month periods ended December 28, 2024 and December 30, 2023 each included 13 weeks. The nine-month periods ended December 28, 2024 and December 30, 2023 each included 39 weeks. All dollar amounts contained in these financial statements and footnotes are stated in millions, except for per share data.

Significant Accounting Policies

Significant Accounting Policies	9 Months Ended
	Dec. 28, 2024
Significant Accounting Policies [Abstract]
Significant Accounting Policies	2. Significant Accounting Policies The Company’s significant accounting policies are detailed in “Note 2 - Summary of Significant Accounting Policies” of our Annual Report. Significant changes to our accounting policies as a result of adopting new accounting standards are discussed below. Recent Accounting Standards Adopted Not Applicable. Recent Accounting Standards Yet to Be Adopted In November 2023, Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures In November 2024, the FASB issued ASU 2024-03, Disaggregation of Income Statement Expenses (DISE).

Revenue from Contracts with Cus

Revenue from Contracts with Customers	9 Months Ended
	Dec. 28, 2024
Revenue from Contracts with Customers [Abstract]
Revenue from Contracts with Customers	3. Revenue from Contracts with Customers Disaggregation of Revenue The following table disaggregates total revenue by end market which is how we view our reportable segments (see Note 12): Three Months Ended Nine Months Ended December 28, December 30, December 28, December 30, Aerospace/Defense $ 143.2 $ 129.2 $ 435.5 $ 377.0 Industrial 251.2 244.7 763.1 769.6 Total $ 394.4 $ 373.9 $ 1,198.6 $ 1,146.6 The following table disaggregates total revenue by geographic origin: Three Months Ended Nine Months Ended December 28, December 30, December 28, December 30, United States $ 348.9 $ 329.0 $ 1,061.4 $ 1,012.3 International 45.5 44.9 137.2 134.3 Total $ 394.4 $ 373.9 $ 1,198.6 $ 1,146.6 The following table illustrates the approximate percentage of revenue recognized for performance obligations satisfied over time versus the amount of revenue recognized for performance obligations satisfied at a point in time: Three Months Ended Nine Months Ended December 28, December 30, December 28, December 30, Point-in-time 97 % 98 % 97 % 98 % Over time 3 % 2 % 3 % 2 % Total 100 % 100 % 100 % 100 % Remaining Performance Obligations Remaining performance obligations represent the transaction price of orders meeting the definition of a contract for which work has not been performed or has been partially performed and excludes unexercised contract options. The duration of the majority of our contracts, as defined by ASC Topic 606, is less than one year. The Company has elected to apply the practical expedient, which allows the Company to exclude remaining performance obligations with an original expected duration of one year or less. The aggregate amount of the transaction price allocated to remaining performance obligations for such contracts with a duration of more than one year was approximately $516.2 at December 28, 2024. The Company expects to recognize revenue on approximately 66% and 88% of the remaining performance obligations over the next 12 and 24 months, respectively, with the remainder recognized thereafter. Contract Balances The timing of revenue recognition, invoicing and cash collections affects accounts receivable, unbilled receivables (contract assets) and customer advances and deposits (contract liabilities) on the consolidated balance sheets. These assets and liabilities are reported on the consolidated balance sheets on an individual contract basis at the end of each reporting period. Contract Assets (Unbilled Receivables) As of December 28, 2024 and March 30, 2024, current contract assets were $7.1 and $6.9, respectively, and were included within prepaid expenses and other current assets on the consolidated balance sheets. The increase in contract assets was primarily due to the recognition of revenue related to the satisfaction or partial satisfaction of performance obligations prior to billing, partially offset by amounts billed to customers during the period. As of December 28, 2024 and March 30, 2024, the Company did not have any contract assets classified as noncurrent on the consolidated balance sheets. Contract Liabilities (Deferred Revenue) As of December 28, 2024 and March 30, 2024, current contract liabilities were $22.7 and $22.5, respectively, and were included within accrued expenses and other current liabilities on the consolidated balance sheets. The increase in current contract liabilities was primarily due to advance payments received and the reclassification of a portion of advance payments received from the noncurrent portion of contract liabilities partially offset by revenue recognized on customer contracts. For the three and nine months ended December 28, 2024, the Company recognized revenues of $2.4 and $14.0 that were included in the current contract liability balance as of March 30, 2024. For the three and nine months ended December 30, 2023, the Company recognized revenues of $4.2 and $13.5 that were included in the current contract liability balance at April 1, 2023. As of December 28, 2024 and March 30, 2024, noncurrent contract liabilities were $19.1 and $19.9, respectively, and were included within other noncurrent liabilities on the consolidated balance sheets. The decrease in noncurrent contract liabilities was primarily due to the reclassification of a portion of advance payments received to the current portion of contract liabilities. Variable Consideration The amount of consideration to which the Company expects to be entitled in exchange for goods and services is not generally subject to significant variations. However, the Company does offer certain customers rebates, prompt payment discounts, end-user discounts and the right to return eligible products. The Company estimates this variable consideration using the expected value amount, which is based on historical experience. The Company includes estimated amounts in the transaction price to the extent it is probable that a significant reversal of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is resolved. The Company adjusts the estimate of revenue at the earlier of when the amount of consideration the Company expects to receive changes or when the consideration becomes fixed. Accrued customer rebates were $37.1 and $38.0 at December 28, 2024 and March 30, 2024, respectively, and were included within accrued expenses and other current liabilities on the consolidated balance sheets.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income/(Loss)	9 Months Ended
	Dec. 28, 2024
Accumulated Other Comprehensive Income/(Loss) [Abstract]
Accumulated Other Comprehensive Income/(Loss)	4. Accumulated Other Comprehensive Income/(Loss) The components of comprehensive income that relate to the Company are net income, foreign currency translation adjustments, changes in fair value of derivatives, and pension plan and postretirement benefits. The following summarizes the activity within each component of accumulated other comprehensive income/(loss), net of taxes: Currency Change in Change in Fair Pension and Total Balance at March 30, 2024 $ (3.6 ) $ 1.2 $ — $ 3.1 $ 0.7 Reclassification to net income — 2.0 — — 2.0 Change in pension and postretirement liability — — — 0.9 0.9 Net loss on foreign currency translation (6.4 ) — — — (6.4 ) Loss on interest rate swap, net of taxes — (3.6 ) — — (3.6 ) Gain on cross currency swap, net of taxes — — 0.4 — 0.4 Net current period other comprehensive income (6.4 ) (1.6 ) 0.4 0.9 (6.7 ) Balance at December 28, 2024 $ (10.0 ) $ (0.4 ) $ 0.4 $ 4.0 $ (6.0 )

Net Income Per Share Attributab

Net Income Per Share Attributable to Common Stockholders	9 Months Ended
	Dec. 28, 2024
Net income Per-share Attributable to Common Stockholders [Abstract]
Net Income Per Share Attributable to Common Stockholders	5. Net Income Per Share Attributable to Common Stockholders Basic net income per share attributable to common stockholders is computed by dividing net income attributable to common stockholders by the weighted-average number of common shares outstanding. Diluted net income per share attributable to common stockholders is computed by dividing net income attributable to common stockholders by the sum of the weighted-average number of common shares and dilutive common share equivalents then outstanding using the treasury stock method. Common share equivalents consist of the incremental common shares issuable upon the exercise of stock options and the conversion of our 5.00% Series A Mandatory Convertible Preferred Stock (the “MCPS”) to common shares. We exclude outstanding stock options, stock awards and the MCPS from the calculations if the effect would be anti-dilutive. The dilutive effect of the MCPS is calculated using the if-converted method. The if-converted method assumes that these securities were converted to shares of common stock at the beginning of the reporting period to the extent that the effect is dilutive. If the effect is anti-dilutive, we calculate net income per share attributable to common stockholders by adjusting the numerator for the effect of the cumulative MCPS dividends for the respective period. On October 15, 2024, each then-outstanding share of the MCPS converted into 0.4413 shares of the Company’s common stock. The conversion rate was based on a value for the common stock equal to the lower of (i) the average of the daily VWAPs in the 20-trading-day period through October 14, 2024 (the daily VWAP is the per share volume-weighted average price of the Common Stock on the New York Stock Exchange for a given trading day as reported by Bloomberg) or (ii) $226.63. Because the VWAP average for the 20 trading days through October 14 was $292.55, the $226.63 common stock value was utilized to produce the conversion rate of 0.4413 shares of common stock for each share of MCPS. This is known as the “Minimum Conversion Rate” in the Certificate of Designations defining the terms of the MCPS. The dividend on the MCPS that accrued through the conversion date was paid on the conversion date to holders of record on October 1, 2024 and therefore was not factored into the conversion rate. The Company issued 2,029,955 shares of common stock upon the conversion of the MCPS. Because the MCPS is no longer outstanding, the Company will not pay dividends on the MCPS in the future. This will amount to a cash savings of $23.0 per year. For the three months ended December 28, 2024, 51,783 employee stock options and 130 restricted shares were excluded from the calculation of diluted earnings per share attributable to common stockholders. For the nine months ended December 28, 2024, 79,564 employee stock options and 12,605 restricted shares were excluded from the calculation of diluted earnings per share attributable to common stockholders. The inclusion of these employee stock options and restricted shares would have been anti-dilutive. For the three months ended December 30, 2023, 106,247 employee stock options and no restricted shares were excluded from the calculation of diluted earnings per share attributable to common stockholders. For the nine months ended December 30, 2023, 141,829 employee stock options and 2,000 restricted shares were excluded from the calculation of diluted earnings per share attributable to common stockholders. The inclusion of these employee stock options and restricted shares would have been anti-dilutive. The table below reflects the calculation of weighted-average shares outstanding for each period presented as well as the computation of basic and diluted net income per share attributable to common stockholders. Three Months Ended Nine Months Ended December 28, December 30, December 28, December 30, Net income $ 57.9 $ 46.6 $ 173.5 $ 148.3 Preferred stock dividends 1.0 5.8 12.4 17.3 Net income attributable to common stockholders $ 56.9 $ 40.8 $ 161.1 $ 131.0 Denominator for basic net income per share attributable to common stockholders — weighted-average shares outstanding 31,041,126 28,924,073 29,740,170 28,885,453 Effect of dilution due to employee stock awards 181,497 280,497 213,713 268,016 Denominator for diluted net income per share attributable to common stockholders — weighted-average shares outstanding 31,222,623 29,204,570 29,953,883 29,153,469 Basic net income per share attributable to common stockholders $ 1.83 $ 1.41 $ 5.42 $ 4.53 Diluted net income per share attributable to common stockholders $ 1.82 $ 1.39 $ 5.38 $ 4.49

Fair Value

Fair Value	9 Months Ended
	Dec. 28, 2024
Fair Value [Abstract]
Fair Value	6. Fair Value Fair value is defined as the price that would be expected to be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (exit price). The FASB provides accounting rules that classify the inputs used to measure fair value into the following hierarchy: Level 1 – Unadjusted quoted prices in active markets for identical assets or liabilities. Level 2 – Unadjusted quoted prices in active markets for similar assets or liabilities, or unadjusted quoted prices for identical or similar assets or liabilities in markets that are not active, or inputs other than quoted prices that are observable for the asset or liability. Level 3 – Unobservable inputs for the asset or liability. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. As a result of the occurrence of triggering events such as purchase accounting for acquisitions, the Company measures certain assets and liabilities based on Level 3 inputs. Financial Instruments The Company’s financial instruments consist primarily of cash and cash equivalents, accounts receivable, trade accounts payable, accrued expenses, short-term borrowings, long-term debt, and derivatives in the form of an interest rate swap and a cross currency swap. Refer to Note 13 for further details on our derivative instruments. Due to their short-term nature, the carrying value of cash and cash equivalents, accounts receivable, trade accounts payable, accrued expenses and short-term borrowings are a reasonable estimate of their fair value. Long-term assets held on our balance sheets related to benefit plan obligations are measured at fair value. The fair value of the Company’s long-term fixed-rate debt, based on quoted market prices, was $466.3 and $456.8 at December 28, 2024 and March 30, 2024, respectively. The carrying value of this debt was $494.9 at December 28, 2024 and $494.2 at March 30, 2024. The fair value of long-term fixed-rate debt was measured using Level 1 inputs. Due to the nature of fair value calculations for variable-rate debt, the carrying value of the Company’s long-term variable-rate debt is a reasonable estimate of its fair value. The fair value of the interest rate swap was $(0.4) at December 28, 2024, and was included in other noncurrent liabilities on the Company’s consolidated balance sheets. The fair value of the interest rate swap was $1.6 at March 30, 2024, and was included in other noncurrent assets on the Company’s consolidated balance sheets. The fair value of the interest rate swap is measured using Level 2 inputs. The fair value of the cross currency swap was $0.4 at December 28, 2024, and was included in other noncurrent assets on the Company’s consolidated balance sheets. The fair value of the cross currency swap was measured using Level 2 inputs. The Company does not believe it has significant concentrations of risk associated with the counterparties to its financial instruments.

Inventory

Inventory	9 Months Ended
	Dec. 28, 2024
Inventory [Abstract]
Inventory	7. Inventory Inventories are stated at the lower of cost or net realizable value, using the first-in, first-out method, and are summarized below: December 28, March 30, Raw materials $ 151.5 $ 138.1 Work in process 149.8 137.9 Finished goods 355.6 346.8 $ 656.9 $ 622.8

Goodwill and Intangible Assets

Goodwill and Intangible Assets	9 Months Ended
	Dec. 28, 2024
Goodwill and Intangible Assets [Abstract]
Goodwill and Intangible Assets	8. Goodwill and Intangible Assets Goodwill Goodwill balances, by segment, consist of the following: Aerospace Industrial Total March 30, 2024 $ 199.2 $ 1,675.7 $ 1,874.9 Currency translation adjustments — (3.3 ) (3.3 ) December 28, 2024 $ 199.2 $ 1,672.4 $ 1,871.6 Intangible Assets December 28, 2024 March 30, 2024 Weighted Gross Accumulated Gross Accumulated Product approvals 24 $ 50.7 $ 21.7 $ 50.7 $ 20.3 Customer relationships and lists 24 1,300.7 201.4 1,300.7 160.7 Trade names 25 217.2 39.5 217.2 32.5 Patents and trademarks 15 10.9 6.9 10.8 6.5 Domain names 10 0.4 0.4 0.4 0.4 Internal-use software 3 19.7 12.7 16.7 8.8 Other 5 1.6 1.3 1.6 1.3 1,601.2 283.9 1,598.1 230.5 Non-amortizable repair station certifications n/a 24.3 — 24.3 — Total 24 $ 1,625.5 $ 283.9 $ 1,622.4 $ 230.5 Amortization expense for definite-lived intangible assets during the three-month periods ended December 28, 2024 and December 30, 2023 was $17.9 and $17.7, respectively. Amortization expense for definite-lived intangible assets during the nine-month periods ended December 28, 2024 and December 30, 2023 was $53.6 and $52.8, respectively. These amounts were included in other, net on the Company’s consolidated statements of operations. Estimated amortization expense for the remainder of fiscal 2025 and for the five succeeding fiscal years and thereafter is as follows: Remainder of Fiscal 2025 $ 18.1 Fiscal 2026 70.4 Fiscal 2027 64.8 Fiscal 2028 64.7 Fiscal 2029 64.7 Fiscal 2030 64.6 Fiscal 2031 and thereafter 970.0

Accrued Expenses and Other Curr

Accrued Expenses and Other Current Liabilities	9 Months Ended
	Dec. 28, 2024
Accrued Expenses and Other Current Liabilities [Abstract]
Accrued Expenses and Other Current Liabilities	9. Accrued Expenses and Other Current Liabilities The significant components of accrued expenses and other current liabilities are as follows: December 28, March 30, Employee compensation and related benefits $ 53.9 $ 35.7 Taxes 5.4 23.1 Contract liabilities 22.7 22.5 Accrued rebates 37.1 38.0 Current finance lease liabilities 5.9 5.7 Accrued preferred stock dividends — 4.8 Interest 7.2 10.4 Returns and warranties 9.4 9.2 Other 11.3 17.9 $ 152.9 $ 167.3

Debt

Debt	9 Months Ended
	Dec. 28, 2024
Debt [Abstract]
Debt	10. Debt Domestic Credit Facility In fiscal 2022, RBC Bearings Incorporated, our top holding company, and our Roller Bearing Company of America, Inc. subsidiary (“RBCA”) entered into a Credit Agreement (the “Credit Agreement”) with Wells Fargo Bank, National Association (“Wells Fargo”), as Administrative Agent, Collateral Agent, Swingline Lender and Letter of Credit Issuer, and the other lenders party thereto. The Credit Agreement provides the Company with (a) a $1,300.0 term loan (the “Term Loan”), which was used to fund a portion of the cash purchase price for the acquisition of Dodge Industrial, Inc. (“Dodge”) and to pay related fees and expenses, and (b) a $500.0 revolving credit facility (the “Revolving Credit Facility” and together with the Term Loan, the “Facilities”). Debt issuance costs associated with the Credit Agreement totaled $14.9 and are being amortized over the life of the Credit Agreement. Amounts outstanding under the Facilities generally bear interest, at the Company’s option, at either, (a) a base rate determined by reference to the higher of (i) Wells Fargo’s prime lending rate, (ii) the federal funds effective rate plus 0.50% and (iii) Term SOFR (as defined in the Credit Agreement based on SOFR, the secured overnight financing rate administered by the Federal Reserve Bank of New York) plus 1.00% or (b) Term SOFR plus a credit spread adjustment of 0.10% plus a margin ranging from 0.75% to 2.00% depending on the Company’s consolidated ratio of total net debt to consolidated EBITDA (as defined in the Credit Agreement). The Facilities are subject to a SOFR floor of 0.00%. As of December 28, 2024, the Company’s margin was 1.00% for SOFR loans, the commitment fee rate was 0.175%, and the letter of credit fee rate was 1.00%. A portion of the Term Loan is subject to a fixed-rate interest swap as discussed in Note 13. The Term Loan matures in November 2026 and amortizes in quarterly installments with the balance payable on the maturity date. The Company can elect to prepay some or all of the outstanding balance from time to time without penalty, which will offset future quarterly amortization installments. Due to prepayments previously made, the required future principal payments on the Term Loan are $0 for fiscal 2025, $0 for fiscal 2026, and $500.0 for fiscal 2027. The Revolving Credit Facility expires in November 2026, at which time all amounts outstanding under the Revolving Credit Facility will be payable. The Credit Agreement requires the Company to comply with various covenants, including the following financial covenants: (a) a maximum Total Net Leverage Ratio (as defined in the Credit Agreement) of 5.00:1.00, which maximum Total Net Leverage Ratio shall decrease during certain subsequent test periods as set forth in the Credit Agreement (provided that, no more than once during the term of the Facilities, such maximum ratio applicable at such time may be increased by the Company by 0.50:1.00 for a period of 12 months after the consummation of a material acquisition); and (b) a minimum Interest Coverage Ratio of 2.00:1.00. As of December 28, 2024 the Company was in compliance with all debt covenants. The Credit Agreement allows the Company to, among other things, make distributions to stockholders, repurchase its stock, incur other debt or liens, or acquire or dispose of assets provided that the Company complies with certain requirements and limitations of the Credit Agreement. The Company’s domestic subsidiaries have guaranteed the Company’s obligations under the Credit Agreement, and the Company’s obligations and the domestic subsidiaries’ guaranty are secured by a pledge of substantially all of the assets of the Company and its domestic subsidiaries. As of December 28, 2024, $500.0 was outstanding under the Term Loan and $3.7 of the Revolving Credit Facility was being utilized to provide letters of credit to secure the Company’s obligations relating to certain insurance programs. The Company had the ability to borrow an additional $496.3 under the Revolving Credit Facility as of December 28, 2024. During the three month period ended December 28, 2024, the Company borrowed, $40.0 from the Revolving Credit Facility in order pay down the Term Loan. The $40.0 borrowed from the Revolver was then completely repaid before the end of the fiscal quarter. Senior Notes In fiscal 2022, RBCA issued $500.0 aggregate principal amount of 4.375% Senior Notes due 2029 (the “Senior Notes”). The net proceeds from the issuance of the Senior Notes were approximately $492.0, after deducting initial purchasers’ discounts and commissions and offering expenses, and were used to fund a portion of the purchase price for the acquisition of Dodge. The Senior Notes were issued pursuant to an indenture with Wilmington Trust, National Association, as trustee (the “Indenture”). The Indenture contains covenants limiting the ability of the Company to (i) incur additional indebtedness or guarantee indebtedness, (ii) declare or pay dividends, redeem stock or make other distributions to stockholders, (iii) make investments, (iv) create liens or use assets as security in other transactions, (v) merge or consolidate, or sell, transfer, lease or dispose of substantially all of its assets, (vi) enter into transactions with affiliates, and (vii) sell or transfer certain assets. These covenants contain various exceptions, limitations and qualifications. At any time that the Senior Notes are rated investment grade, certain of these covenants will be suspended. The Senior Notes are guaranteed jointly and severally on a senior unsecured basis by RBC Bearings and RBCA’s domestic subsidiaries that also guarantee the Credit Agreement. Interest on the Senior Notes accrues at a rate of 4.375% and is payable semi–annually in cash in arrears on April 15 and October 15 of each year. The Senior Notes will mature on October 15, 2029. The Company may redeem some or all of the Senior Notes at any time at the redemption prices set forth in the Indenture, plus accrued and unpaid interest, if any, to, but excluding, the redemption date. If the Company sells certain of its assets or experiences specific kinds of changes in control, the Company must offer to purchase the Senior Notes. Foreign Borrowing Arrangements One of our foreign subsidiaries, Schaublin SA, has a CHF 5.0 (approximately $5.4 USD) credit line (the “Foreign Credit Line”) with Credit Suisse (Switzerland) Ltd. to provide future working capital, if necessary. As of December 28, 2024, $0.1 was being utilized to provide a bank guarantee and no borrowings were outstanding. Fees associated with the Foreign Credit Line are nominal. In July 2024, Swiss Tool Systems, one of our foreign subsidiaries, purchased the building where it operates for CHF 7.1 (approximately $8.4 USD) and took out a 10-year fixed-rate mortgage on the building for CHF 4.0 (approximately $4.5 USD). The balances payable under all our borrowing arrangements are as follows: December 28, March 30, Revolver and term loan facilities $ 500.0 $ 695.2 Senior notes 500.0 500.0 Debt issuance costs (9.0 ) (10.7 ) Other 10.4 7.4 Total debt 1,001.4 1,191.9 Less: current portion 1.7 3.8 Long-term debt $ 999.7 $ 1,188.1

Income Taxes

Income Taxes	9 Months Ended
	Dec. 28, 2024
Income Taxes [Abstract]
Income Taxes	11. Income Taxes The Company files income tax returns in numerous U.S. and foreign jurisdictions, with returns subject to examination for varying periods, but generally back to and including the year ended March 28, 2020, although certain tax credits generated in earlier years are open under statute from March 29, 2008. The Company is no longer subject to U.S. federal tax examination by the Internal Revenue Service for years ended before March 28, 2020. The effective income tax rates for the three-month periods ended December 28, 2024 and December 30, 2023, were 22.5% and 18.1%, respectively. In addition to discrete items, the effective income tax rates for both these periods were different from the U.S. statutory rates due to the foreign-derived intangible income provision and U.S. credit for increasing research activities, which decreased the rate, and state income taxes, foreign income taxes, and nondeductible compensation, which increased the rate. The effective income tax rate for the three-month period ended December 28, 2024 of 22.5% included $0.8 of discrete tax benefits associated with stock-based compensation. The effective income tax rate without discrete items for the three-month period ended December 28, 2024 would have been 23.5%. The effective income tax rate for the three-month period ended December 30, 2023 of 18.1% included $1.9 of discrete tax benefits associated with stock-based compensation partially offset by $0.2 of other items. The effective income tax rate without discrete items for the three-month period ended December 30, 2023 would have been 21.2%. The Company believes it is reasonably possible that some of its unrecognized tax positions may be effectively settled within the next 12 months due to the closing of audits and the statute of limitations expiring in various jurisdictions. The decrease in the Company’s unrecognized tax positions, pertaining primarily to federal and state credits and state tax, is estimated to be approximately $1.9. The effective income tax rate for the nine-month period ended December 28, 2024 was 22.5% compared to 21.0% for the nine-month period ended December 30, 2023. The effective income tax rate for the nine-month period ended December 28, 2024 of 22.5% included $2.5 of discrete tax benefits associated with stock-based compensation partially offset by $0.1 of other discrete tax expenses. The effective income tax rate without discrete items for the nine-month period ended December 28, 2024 would have been 23.6%. The effective income tax rate for the nine-month period ended December 30, 2023 of 21.0% included $2.4 of discrete tax benefits associated with stock-based compensation partially offset by $0.2 of other items. The effective income tax rate without discrete items for the nine-month period ended December 30, 2023 would have been 22.2%. Global Minimum Tax In October 2021, the Organisation for Economic Co-operation and Development (OECD) announced an Inclusive Framework on Base Erosion and Profit Shifting including Pillar Two Model Rules defining the global minimum tax, which calls for the taxation of large multinational corporations at a minimum rate of 15%. Subsequently multiple sets of administrative guidance have been issued. Many non-US tax jurisdictions have either recently enacted legislation to adopt certain components of the Pillar Two Model Rules beginning in 2024 with the adoption of additional components in later years or announced their plans to enact legislation in future years. We are continuing to evaluate the impacts of enacted legislation and pending legislation to enact Pillar Two Model Rules in the non-US tax jurisdictions in which we operate. At this time, we do not anticipate the enacted or pending legislation will have a material impact on our consolidated financial statements.

Reportable Segments

Reportable Segments	9 Months Ended
	Dec. 28, 2024
Reportable Segments [Abstract]
Reportable Segments	12. Reportable Segments The Company operates through operating segments and reports its financial results based on how its chief operating decision maker makes operating decisions, assesses the performance of the business, and allocates resources. Our operating segments are our reportable segments. These reportable operating segments are Aerospace/Defense and Industrial and are described below. Aerospace/Defense. Industrial. Segment performance is evaluated based on segment net sales and gross margin. Items not allocated to segment operating income include corporate administrative expenses and certain other amounts. Where not separately disclosed, corporate costs are allocated to each segment. Identifiable assets by reportable segment consist of those directly identified with the segment’s operations. Three Months Ended Nine Months Ended December 28, December 30, December 28, December 30, Net External Sales Aerospace/Defense $ 143.2 $ 129.2 $ 435.5 $ 377.0 Industrial 251.2 244.7 763.1 769.6 $ 394.4 $ 373.9 $ 1,198.6 $ 1,146.6 Gross Margin Aerospace/Defense $ 57.9 $ 53.3 $ 177.8 $ 151.2 Industrial 117.0 104.7 354.9 341.0 $ 174.9 $ 158.0 $ 532.7 $ 492.2 Selling, General & Administrative Expenses Aerospace/Defense $ 10.4 $ 9.9 $ 31.1 $ 28.1 Industrial 34.2 32.6 101.4 98.4 Corporate 25.5 21.4 74.7 62.6 $ 70.1 $ 63.9 $ 207.2 $ 189.1 Operating Income Aerospace/Defense $ 46.8 $ 38.6 $ 143.7 $ 115.1 Industrial 68.2 59.3 209.2 199.9 Corporate (29.4 ) (22.7 ) (83.7 ) (67.0 ) $ 85.6 $ 75.2 $ 269.2 $ 248.0 December 28, March 30, Total Assets Aerospace/Defense $ 835.9 $ 798.6 Industrial 3,738.2 3,779.6 Corporate 91.6 100.4 $ 4,665.7 $ 4,678.6

Derivative Financial Instrument

Derivative Financial Instruments	9 Months Ended
	Dec. 28, 2024
Derivative Financial Instruments [Abstract]
Derivative Financial Instruments	13. Derivative Financial Instruments The Company is exposed to certain risks relating to its ongoing business operations, including market risks relating to fluctuations in interest rates and foreign exchange rates. Derivative financial instruments are recognized on the consolidated balance sheets as either assets or liabilities and are measured at fair value. Changes in the fair values of the derivatives are recorded each period in earnings or accumulated other comprehensive income/loss, depending on whether the derivative is effective as part of a hedged transaction. Gains and losses on derivative instruments reported in accumulated other comprehensive income/loss are subsequently included in earnings in the periods in which earnings are affected by the hedged item. The Company does not use derivative instruments for speculative purposes. In fiscal 2023, the Company entered into a three-year U.S. dollar-denominated interest rate swap (the “Interest Swap”) with a third-party financial counterparty under the Credit Agreement (see Note 10). The Interest Rate Swap was executed to protect the Company from interest rate volatility on our variable-rate Term Loan. The Interest Rate Swap became effective December 30, 2022 and is comprised of a $600.0 notional with a maturity of three years. The notional was $400.0 as of December 28, 2024. We receive a variable rate based on one-month Term SOFR and pay a fixed rate of 4.455%. The notional on the Interest Rate Swap amortizes as follows: Year 1: $600.0 Year 2: $400.0 Year 3: $100.0 The Interest Rate Swap has been designated as a cash flow hedge of the variability of the first unhedged interest payments (the hedged transactions) paid over the hedging relationship’s specified time period of three years attributable to the borrowing’s contractually specified interest index on the hedged principal of its general borrowing program or replacement or refinancing thereof. The fair value of the Interest Rate Swap has been disclosed in Note 6. The balance in accumulated other comprehensive income/loss related to the Interest Rate Swap has been disclosed in Note 4. The gain/loss reclassified from accumulated other comprehensive income/loss into earnings has been recorded as interest income/expense on the Interest Rate Swap and included in the operating section of the Company’s consolidated statements of cash flows. On August 12, 2024, the Company entered into a three-year pay Swiss franc fixed/receive U.S. dollar fixed, cross currency swap (the “Cross Currency Swap”) with a third-party financial counterparty. The objective of the Cross Currency Swap is to economically hedge the Company’s net investment in its lower-tier European subsidiary, Schaublin, against adverse changes in the Swiss franc/U.S. dollar exchange rate. The Cross Currency Swap is based upon a net investment of CHF 69.4 ($80.0 USD) notional amount with a three-year maturity date. RBC receives a fixed U.S. dollar amount on a month-to-month basis based upon a fixed annual rate of 2.77% of the notional amount. At maturity, RBC will net-settle the principal of the Cross Currency Swap in cash with the counterparty. The Cross Currency Swap has been designated as a net investment hedge on an after-tax basis. The fair value of the Cross Currency Swap has been disclosed in Note 6. The balance in accumulated other comprehensive income/loss related to the Cross Currency Swap has been disclosed in Note 4.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended							9 Months Ended
	Dec. 28, 2024	Dec. 28, 2024	Sep. 28, 2024	Jun. 29, 2024	Dec. 30, 2023	Sep. 30, 2023	Jul. 01, 2023	Dec. 28, 2024	Dec. 30, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ 57.9	$ 57.9	$ 54.2	$ 61.4	$ 46.6	$ 51.7	$ 50	$ 173.5	$ 148.3

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 28, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	9 Months Ended
	Dec. 28, 2024
Significant Accounting Policies [Abstract]
Recent Accounting Standards Adopted	Recent Accounting Standards Adopted Not Applicable.
Recent Accounting Standards Yet to Be Adopted	Recent Accounting Standards Yet to Be Adopted In November 2023, Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures Disaggregation of Income Statement Expenses (DISE).

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	9 Months Ended
	Dec. 28, 2024
Revenue from Contracts with Customers [Abstract]
Schedule of Disaggregates Total Revenue by Reportable Segments	The following table disaggregates total revenue by end market which is how we view our reportable segments (see Note 12): Three Months Ended Nine Months Ended December 28, December 30, December 28, December 30, Aerospace/Defense $ 143.2 $ 129.2 $ 435.5 $ 377.0 Industrial 251.2 244.7 763.1 769.6 Total $ 394.4 $ 373.9 $ 1,198.6 $ 1,146.6
Schedule of Disaggregates Total Revenue by Geographic Origin	The following table disaggregates total revenue by geographic origin: Three Months Ended Nine Months Ended December 28, December 30, December 28, December 30, United States $ 348.9 $ 329.0 $ 1,061.4 $ 1,012.3 International 45.5 44.9 137.2 134.3 Total $ 394.4 $ 373.9 $ 1,198.6 $ 1,146.6
Schedule of Percentage Revenue Recognized for Performance Obligations Satisfied Over Time Versus the Amount of Revenue Recognized	The following table illustrates the approximate percentage of revenue recognized for performance obligations satisfied over time versus the amount of revenue recognized for performance obligations satisfied at a point in time: Three Months Ended Nine Months Ended December 28, December 30, December 28, December 30, Point-in-time 97 % 98 % 97 % 98 % Over time 3 % 2 % 3 % 2 % Total 100 % 100 % 100 % 100 %

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income/(Loss) (Tables)	9 Months Ended
	Dec. 28, 2024
Accumulated Other Comprehensive Income/(Loss) [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss), Net of Taxes	The following summarizes the activity within each component of accumulated other comprehensive income/(loss), net of taxes: Currency Change in Change in Fair Pension and Total Balance at March 30, 2024 $ (3.6 ) $ 1.2 $ — $ 3.1 $ 0.7 Reclassification to net income — 2.0 — — 2.0 Change in pension and postretirement liability — — — 0.9 0.9 Net loss on foreign currency translation (6.4 ) — — — (6.4 ) Loss on interest rate swap, net of taxes — (3.6 ) — — (3.6 ) Gain on cross currency swap, net of taxes — — 0.4 — 0.4 Net current period other comprehensive income (6.4 ) (1.6 ) 0.4 0.9 (6.7 ) Balance at December 28, 2024 $ (10.0 ) $ (0.4 ) $ 0.4 $ 4.0 $ (6.0 )

Net Income Per Share Attribut_2

Net Income Per Share Attributable to Common Stockholders (Tables)	9 Months Ended
	Dec. 28, 2024
Net income Per-share Attributable to Common Stockholders [Abstract]
Schedule of Basic and Diluted Net Income Per-Share	The table below reflects the calculation of weighted-average shares outstanding for each period presented as well as the computation of basic and diluted net income per share attributable to common stockholders. Three Months Ended Nine Months Ended December 28, December 30, December 28, December 30, Net income $ 57.9 $ 46.6 $ 173.5 $ 148.3 Preferred stock dividends 1.0 5.8 12.4 17.3 Net income attributable to common stockholders $ 56.9 $ 40.8 $ 161.1 $ 131.0 Denominator for basic net income per share attributable to common stockholders — weighted-average shares outstanding 31,041,126 28,924,073 29,740,170 28,885,453 Effect of dilution due to employee stock awards 181,497 280,497 213,713 268,016 Denominator for diluted net income per share attributable to common stockholders — weighted-average shares outstanding 31,222,623 29,204,570 29,953,883 29,153,469 Basic net income per share attributable to common stockholders $ 1.83 $ 1.41 $ 5.42 $ 4.53 Diluted net income per share attributable to common stockholders $ 1.82 $ 1.39 $ 5.38 $ 4.49

Inventory (Tables)

Inventory (Tables)	9 Months Ended
	Dec. 28, 2024
Inventory [Abstract]
Schedule of Inventories	Inventories are stated at the lower of cost or net realizable value, using the first-in, first-out method, and are summarized below: December 28, March 30, Raw materials $ 151.5 $ 138.1 Work in process 149.8 137.9 Finished goods 355.6 346.8 $ 656.9 $ 622.8

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Dec. 28, 2024
Goodwill and Intangible Assets [Abstract]
Schedule of Goodwill Balances, by Segment	Goodwill balances, by segment, consist of the following: Aerospace Industrial Total March 30, 2024 $ 199.2 $ 1,675.7 $ 1,874.9 Currency translation adjustments — (3.3 ) (3.3 ) December 28, 2024 $ 199.2 $ 1,672.4 $ 1,871.6
Schedule of Intangible Assets	Intangible Assets December 28, 2024 March 30, 2024 Weighted Gross Accumulated Gross Accumulated Product approvals 24 $ 50.7 $ 21.7 $ 50.7 $ 20.3 Customer relationships and lists 24 1,300.7 201.4 1,300.7 160.7 Trade names 25 217.2 39.5 217.2 32.5 Patents and trademarks 15 10.9 6.9 10.8 6.5 Domain names 10 0.4 0.4 0.4 0.4 Internal-use software 3 19.7 12.7 16.7 8.8 Other 5 1.6 1.3 1.6 1.3 1,601.2 283.9 1,598.1 230.5 Non-amortizable repair station certifications n/a 24.3 — 24.3 — Total 24 $ 1,625.5 $ 283.9 $ 1,622.4 $ 230.5
Schedule of Estimated Amortization Expense	These amounts were included in other, net on the Company’s consolidated statements of operations. Estimated amortization expense for the remainder of fiscal 2025 and for the five succeeding fiscal years and thereafter is as follows: Remainder of Fiscal 2025 $ 18.1 Fiscal 2026 70.4 Fiscal 2027 64.8 Fiscal 2028 64.7 Fiscal 2029 64.7 Fiscal 2030 64.6 Fiscal 2031 and thereafter 970.0

Accrued Expenses and Other Cu_2

Accrued Expenses and Other Current Liabilities (Tables)	9 Months Ended
	Dec. 28, 2024
Accrued Expenses and Other Current Liabilities [Abstract]
Schedule of Accrued Expenses and Other Current Liabilities	The significant components of accrued expenses and other current liabilities are as follows: December 28, March 30, Employee compensation and related benefits $ 53.9 $ 35.7 Taxes 5.4 23.1 Contract liabilities 22.7 22.5 Accrued rebates 37.1 38.0 Current finance lease liabilities 5.9 5.7 Accrued preferred stock dividends — 4.8 Interest 7.2 10.4 Returns and warranties 9.4 9.2 Other 11.3 17.9 $ 152.9 $ 167.3

Debt (Tables)

Debt (Tables)	9 Months Ended
	Dec. 28, 2024
Debt [Abstract]
Schedule of Balances Payable Under All Borrowing Facilities	The balances payable under all our borrowing arrangements are as follows: December 28, March 30, Revolver and term loan facilities $ 500.0 $ 695.2 Senior notes 500.0 500.0 Debt issuance costs (9.0 ) (10.7 ) Other 10.4 7.4 Total debt 1,001.4 1,191.9 Less: current portion 1.7 3.8 Long-term debt $ 999.7 $ 1,188.1

Reportable Segments (Tables)

Reportable Segments (Tables)	9 Months Ended
	Dec. 28, 2024
Reportable Segments [Abstract]
Schedule of Reportable Segment	Identifiable assets by reportable segment consist of those directly identified with the segment’s operations. Three Months Ended Nine Months Ended December 28, December 30, December 28, December 30, Net External Sales Aerospace/Defense $ 143.2 $ 129.2 $ 435.5 $ 377.0 Industrial 251.2 244.7 763.1 769.6 $ 394.4 $ 373.9 $ 1,198.6 $ 1,146.6 Gross Margin Aerospace/Defense $ 57.9 $ 53.3 $ 177.8 $ 151.2 Industrial 117.0 104.7 354.9 341.0 $ 174.9 $ 158.0 $ 532.7 $ 492.2 Selling, General & Administrative Expenses Aerospace/Defense $ 10.4 $ 9.9 $ 31.1 $ 28.1 Industrial 34.2 32.6 101.4 98.4 Corporate 25.5 21.4 74.7 62.6 $ 70.1 $ 63.9 $ 207.2 $ 189.1 Operating Income Aerospace/Defense $ 46.8 $ 38.6 $ 143.7 $ 115.1 Industrial 68.2 59.3 209.2 199.9 Corporate (29.4 ) (22.7 ) (83.7 ) (67.0 ) $ 85.6 $ 75.2 $ 269.2 $ 248.0 December 28, March 30, Total Assets Aerospace/Defense $ 835.9 $ 798.6 Industrial 3,738.2 3,779.6 Corporate 91.6 100.4 $ 4,665.7 $ 4,678.6

Basis of Presentation (Details)

Basis of Presentation (Details)	3 Months Ended		9 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 28, 2024	Dec. 30, 2023
Basis of Presentation [Abstract]
Quarterly period contains	13 weeks	13 weeks	39 weeks	39 weeks

Revenue from Contracts with C_3

Revenue from Contracts with Customers (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 28, 2024	Dec. 30, 2023	Mar. 30, 2024
Revenue from Contracts with Customers [Line Items]
Remaining performance obligations	$ 516.2		$ 516.2
Contract assets	7.1		7.1		$ 6.9
Contract current liabilities	22.7		22.7		22.5
Recognized revenues	2.4	$ 4.2	14	$ 13.5
Noncurrent contract liabilities	19.1		19.1		19.9
Accrued rebates	$ 37.1		$ 37.1		$ 38
Transferred over Time [Member]
Revenue from Contracts with Customers [Line Items]
Revenue from remaining performance obligation percentage over twelve months	66%		66%
Revenue from remaining performance obligation percentage over twenty-four months	88%		88%

Revenue from Contracts with C_4

Revenue from Contracts with Customers - Schedule of Disaggregates Total Revenue by Reportable Segments (Details) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Dec. 28, 2024	Dec. 28, 2024	Dec. 30, 2023	Dec. 28, 2024	Dec. 30, 2023	Dec. 30, 2023
Schedule of Disaggregates Total Revenue by Reportable Segments [Line Items]
Net sales	$ 394.4	$ 394.4	$ 373.9	$ 1,198.6	$ 1,146.6	$ 1,146.6
Aerospace/Defense [Member]
Schedule of Disaggregates Total Revenue by Reportable Segments [Line Items]
Net sales	143.2		129.2	435.5		377
Industrial [Member]
Schedule of Disaggregates Total Revenue by Reportable Segments [Line Items]
Net sales	$ 251.2		$ 244.7	$ 763.1		$ 769.6

Revenue from Contracts with C_5

Revenue from Contracts with Customers - Schedule of Disaggregates Total Revenue by Geographic Origin (Details) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Dec. 28, 2024	Dec. 28, 2024	Dec. 30, 2023	Dec. 28, 2024	Dec. 30, 2023	Dec. 30, 2023
Schedule of Disaggregates Total Revenue by Geographic Origin [Line Items]
Net sales	$ 394.4	$ 394.4	$ 373.9	$ 1,198.6	$ 1,146.6	$ 1,146.6
United States [Member]
Schedule of Disaggregates Total Revenue by Geographic Origin [Line Items]
Net sales	348.9		329	1,061.4		1,012.3
International [Member]
Schedule of Disaggregates Total Revenue by Geographic Origin [Line Items]
Net sales	$ 45.5		$ 44.9	$ 137.2		$ 134.3

Revenue from Contracts with C_6

Revenue from Contracts with Customers - Schedule of Percentage Revenue Recognized for Performance Obligations Satisfied Over Time Versus the Amount of Revenue Recognized (Details)	3 Months Ended		9 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 28, 2024	Dec. 30, 2023
Schedule of Percentage Revenue Recognized for Performance Obligations Satisfied Over Time Versus the Amount of Revenue Recognized [Line Items]
Percentage of Point-in-time	97%	98%	97%	98%
Percentage of Over time	3%	2%	3%	2%
Percentage of revenue	100%	100%	100%	100%

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income/(Loss) - Schedule of Accumulated Other Comprehensive Income (Loss), Net of Taxes (Details) $ in Millions	9 Months Ended
	Dec. 28, 2024 USD ($)
Schedule of Accumulated Other Comprehensive Income (Loss), Net of Taxes [Line Items]
Balance at March 30, 2024	$ 0.7
Reclassification to net income	2
Change in pension and postretirement liability	0.9
Net loss on foreign currency translation	(6.4)
Loss on interest rate swap, net of taxes	(3.6)
Gain on cross currency swap, net of taxes	0.4
Net current period other comprehensive income	(6.7)
Balance at December 28, 2024	(6)
Currency Translation [Member]
Schedule of Accumulated Other Comprehensive Income (Loss), Net of Taxes [Line Items]
Balance at March 30, 2024	(3.6)
Reclassification to net income
Change in pension and postretirement liability
Net loss on foreign currency translation	(6.4)
Loss on interest rate swap, net of taxes
Gain on cross currency swap, net of taxes
Net current period other comprehensive income	(6.4)
Balance at December 28, 2024	(10)
Change in Fair Value of Interest Rate Swap [Member]
Schedule of Accumulated Other Comprehensive Income (Loss), Net of Taxes [Line Items]
Balance at March 30, 2024	1.2
Reclassification to net income	2
Change in pension and postretirement liability
Net loss on foreign currency translation
Loss on interest rate swap, net of taxes	(3.6)
Gain on cross currency swap, net of taxes
Net current period other comprehensive income	(1.6)
Balance at December 28, 2024	(0.4)
Change in Fair Value of Cross Currency Swap [Member]
Schedule of Accumulated Other Comprehensive Income (Loss), Net of Taxes [Line Items]
Balance at March 30, 2024
Reclassification to net income
Change in pension and postretirement liability
Net loss on foreign currency translation
Loss on interest rate swap, net of taxes
Gain on cross currency swap, net of taxes	0.4
Net current period other comprehensive income	0.4
Balance at December 28, 2024	0.4
Pension and Postretirement Liability [Member]
Schedule of Accumulated Other Comprehensive Income (Loss), Net of Taxes [Line Items]
Balance at March 30, 2024	3.1
Reclassification to net income
Change in pension and postretirement liability	0.9
Net loss on foreign currency translation
Loss on interest rate swap, net of taxes
Gain on cross currency swap, net of taxes
Net current period other comprehensive income	0.9
Balance at December 28, 2024	$ 4

Net Income Per Share Attribut_3

Net Income Per Share Attributable to Common Stockholders (Details) $ / shares in Units, $ in Thousands			3 Months Ended		9 Months Ended
	Oct. 15, 2024 $ / shares	Oct. 14, 2024 USD ($) $ / shares shares	Dec. 28, 2024 shares	Dec. 30, 2023 shares	Dec. 28, 2024 $ / shares shares	Dec. 30, 2023 shares
Net income Per-share Attributable to Common Stockholders [Line Items]
Conversion price per share (in Dollars per share) | $ / shares	$ 0.4413	$ 226.63
Trading days		20
Common stock value (in Dollars) | $		$ 226,630
Common stock, shares issued | shares		2,029,955
Cash per share (in Dollars per share) | $ / shares					$ 23
Series A Mandatory Convertible Preferred Stock [Member]
Net income Per-share Attributable to Common Stockholders [Line Items]
Conversion of common shares percentage			5%		5%
Employee stock options [Member]
Net income Per-share Attributable to Common Stockholders [Line Items]
Number of shares | shares			51,783	106,247	79,564	141,829
Restricted Stock [Member]
Net income Per-share Attributable to Common Stockholders [Line Items]
Number of shares | shares			130		12,605	2,000
Common Stock [Member]
Net income Per-share Attributable to Common Stockholders [Line Items]
Conversion price per share (in Dollars per share) | $ / shares		$ 0.4413
Common stock value (in Dollars) | $		$ 292,550

Net Income Per Share Attribut_4

Net Income Per Share Attributable to Common Stockholders - Schedule of Basic and Diluted Net Income Per-Share (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended							9 Months Ended
	Dec. 28, 2024	Dec. 28, 2024	Sep. 28, 2024	Jun. 29, 2024	Dec. 30, 2023	Sep. 30, 2023	Jul. 01, 2023	Dec. 28, 2024	Dec. 30, 2023
Net income Per-share Attributable to Common Stockholders [Abstract]
Net income	$ 57.9	$ 57.9	$ 54.2	$ 61.4	$ 46.6	$ 51.7	$ 50	$ 173.5	$ 148.3
Preferred stock dividends		1			5.8			12.4	17.3
Net income attributable to common stockholders		$ 56.9			$ 40.8			$ 161.1	$ 131
Denominator for basic net income per share attributable to common stockholders — weighted-average shares outstanding		31,041,126			28,924,073			29,740,170	28,885,453
Effect of dilution due to employee stock awards		181,497			280,497			213,713	268,016
Denominator for diluted net income per share attributable to common stockholders — weighted-average shares outstanding		31,222,623			29,204,570			29,953,883	29,153,469
Basic net income per share attributable to common stockholders		$ 1.83			$ 1.41			$ 5.42	$ 4.53
Diluted net income per share attributable to common stockholders		$ 1.82			$ 1.39			$ 5.38	$ 4.49

Fair Value (Details)

Fair Value (Details) - USD ($) $ in Millions	Dec. 28, 2024	Mar. 30, 2024
Fair Value [Line Items]
Long-term fixed-rate debt, based on quoted market prices	$ 466.3	$ 456.8
Carrying value of debt amount	494.9	494.2
AOCI of interest rate swap, net of taxes	(0.4)	$ 1.6
Level 2 Inputs [Member]
Fair Value [Line Items]
Fair value of the cross currency included in other noncurrent assets	$ 0.4

Inventory - Schedule of Invento

Inventory - Schedule of Inventories (Details) - USD ($) $ in Millions	Dec. 28, 2024	Mar. 30, 2024
Schedule of Inventories [Abstract]
Raw materials	$ 151.5	$ 138.1
Work in process	149.8	137.9
Finished goods	355.6	346.8
Inventory net, total	$ 656.9	$ 622.8

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Dec. 28, 2024	Dec. 30, 2023	Dec. 28, 2024	Dec. 30, 2023
Goodwill and Intangible Assets [Abstract]
Amortization expense	$ 17.9	$ 17.7	$ 53.6	$ 52.8

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Schedule of Goodwill Balances, by Segment (Details) $ in Millions	9 Months Ended
	Dec. 28, 2024 USD ($)
Schedule of Goodwill Balances, by Segment [Line Items]
March 30, 2024	$ 1,874.9
Currency translation adjustments	(3.3)
December 28, 2024	1,871.6
Aerospace /Defense [Member]
Schedule of Goodwill Balances, by Segment [Line Items]
March 30, 2024	199.2
Currency translation adjustments
December 28, 2024	199.2
Industrial [Member]
Schedule of Goodwill Balances, by Segment [Line Items]
March 30, 2024	1,675.7
Currency translation adjustments	(3.3)
December 28, 2024	$ 1,672.4

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Schedule of Intangible Assets (Details) - USD ($) $ in Millions	Dec. 28, 2024	Mar. 30, 2024
Schedule of Intangible Assets [Line Items]
Gross Carrying Amount	$ 1,601.2	$ 1,598.1
Accumulated Amortization	$ 283.9	230.5
Non-amortizable repair station certifications, Weighted Average Useful Lives	n/a
Non-amortizable repair station certifications, Gross Carrying Amount	$ 24.3	24.3
Non-amortizable repair station certifications, Accumulated Amortization
Total, Weighted Average Useful Lives	24 years
Total, Gross Carrying Amount	$ 1,625.5	1,622.4
Total, Accumulated Amortization	$ 283.9	230.5
Product Approvals [Member]
Schedule of Intangible Assets [Line Items]
Weighted Average Useful Lives	24 years
Gross Carrying Amount	$ 50.7	50.7
Accumulated Amortization	$ 21.7	20.3
Customer Relationships and Lists [Member]
Schedule of Intangible Assets [Line Items]
Weighted Average Useful Lives	24 years
Gross Carrying Amount	$ 1,300.7	1,300.7
Accumulated Amortization	$ 201.4	160.7
Trade Names [Member]
Schedule of Intangible Assets [Line Items]
Weighted Average Useful Lives	25 years
Gross Carrying Amount	$ 217.2	217.2
Accumulated Amortization	$ 39.5	32.5
Patents and Trademarks [Member]
Schedule of Intangible Assets [Line Items]
Weighted Average Useful Lives	15 years
Gross Carrying Amount	$ 10.9	10.8
Accumulated Amortization	$ 6.9	6.5
Domain Names [Member]
Schedule of Intangible Assets [Line Items]
Weighted Average Useful Lives	10 years
Gross Carrying Amount	$ 0.4	0.4
Accumulated Amortization	$ 0.4	0.4
Internal-use Software [Member]
Schedule of Intangible Assets [Line Items]
Weighted Average Useful Lives	3 years
Gross Carrying Amount	$ 19.7	16.7
Accumulated Amortization	$ 12.7	8.8
Other [Member]
Schedule of Intangible Assets [Line Items]
Weighted Average Useful Lives	5 years
Gross Carrying Amount	$ 1.6	1.6
Accumulated Amortization	$ 1.3	$ 1.3

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets - Schedule of Estimated Amortization Expense (Details) $ in Millions	Dec. 28, 2024 USD ($)
Schedule of Estimated Amortization Expense [Abstract]
Remainder of Fiscal 2025	$ 18.1
Fiscal 2026	70.4
Fiscal 2027	64.8
Fiscal 2028	64.7
Fiscal 2029	64.7
Fiscal 2030	64.6
Fiscal 2031 and thereafter	$ 970

Accrued Expenses and Other Cu_3

Accrued Expenses and Other Current Liabilities - Schedule of Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Millions	Dec. 28, 2024	Mar. 30, 2024
Schedule of Accrued Expenses and Other Current Liabilities [Abstract]
Employee compensation and related benefits	$ 53.9	$ 35.7
Taxes	5.4	23.1
Contract liabilities	22.7	22.5
Accrued rebates	37.1	38
Current finance lease liabilities	5.9	5.7
Accrued preferred stock dividends		4.8
Interest	7.2	10.4
Returns and warranties	9.4	9.2
Other	11.3	17.9
Accrued expenses and other current liabilities	$ 152.9	$ 167.3

Debt (Details)

Debt (Details) SFr in Millions, CHE in Millions, $ in Millions	1 Months Ended		3 Months Ended	9 Months Ended		12 Months Ended
	Jul. 31, 2024 USD ($)	Jul. 31, 2024 CHE	Dec. 28, 2024 USD ($)	Dec. 28, 2024 USD ($)	Dec. 30, 2023 USD ($)	Apr. 02, 2022 USD ($)	Dec. 28, 2024 CHF (SFr)	Jul. 31, 2024 CHF (SFr)
Debt [Line Items]
Future principal payments for fiscal 2025			$ 0	$ 0
Future principal payments for fiscal 2026			0	0
Future principal payments for fiscal 2027			500	$ 500
Credit agreement, description				The Credit Agreement requires the Company to comply with various covenants, including the following financial covenants: (a) a maximum Total Net Leverage Ratio (as defined in the Credit Agreement) of 5.00:1.00, which maximum Total Net Leverage Ratio shall decrease during certain subsequent test periods as set forth in the Credit Agreement (provided that, no more than once during the term of the Facilities, such maximum ratio applicable at such time may be increased by the Company by 0.50:1.00 for a period of 12 months after the consummation of a material acquisition); and (b) a minimum Interest Coverage Ratio of 2.00:1.00.
Outstanding amounts under the term loan				$ 500
Revolving credit facility, borrowing capacity			496.3	496.3
Amount borrowed			40	$ 40	$ 18
Amount paid			40
Net proceeds from issuance of senior notes						$ 492
Senior notes, interest rate				4.375%
Debt guarantee bank			0.1	$ 0.1
Purchased a building	$ 8.4	CHE 7.1
Fixed rate mortgage term	10 years							10 years
Debt fixed rate mortgage	$ 4.5							SFr 4
Senior Notes due 2029 [Member]
Debt [Line Items]
Senior notes, aggregate principal amount						$ 500
Principal amount percentage						4.375%
Term Loan Facility [Member]
Debt [Line Items]
Credit facility maximum borrowing capacity amount			1,300	$ 1,300
New Credit Agreement [Member]
Debt [Line Items]
Credit agreement, description of variable rate basis.				Amounts outstanding under the Facilities generally bear interest, at the Company’s option, at either, (a) a base rate determined by reference to the higher of (i) Wells Fargo’s prime lending rate, (ii) the federal funds effective rate plus 0.50% and (iii) Term SOFR (as defined in the Credit Agreement based on SOFR, the secured overnight financing rate administered by the Federal Reserve Bank of New York) plus 1.00% or (b) Term SOFR plus a credit spread adjustment of 0.10% plus a margin ranging from 0.75% to 2.00% depending on the Company’s consolidated ratio of total net debt to consolidated EBITDA (as defined in the Credit Agreement). The Facilities are subject to a SOFR floor of 0.00%. As of December 28, 2024, the Company’s margin was 1.00% for SOFR loans, the commitment fee rate was 0.175%, and the letter of credit fee rate was 1.00%.
Revolving Credit Facility [Member]
Debt [Line Items]
Credit facility maximum borrowing capacity amount			500	$ 500
Revolving credit facility utilized			3.7	3.7
Credit Agreement [Member] | Revolver [Member]
Debt [Line Items]
Amortized debt issuance costs				$ 14.9
Senior Notes [Member]
Debt [Line Items]
Mature date				Oct. 15, 2029
Schaublin [Member] | Foreign Term Loan [Member]
Debt [Line Items]
Revolving credit facility utilized			$ 5.4	$ 5.4			SFr 5

Debt - Schedule of Balances Pay

Debt - Schedule of Balances Payable Under All Borrowing Facilities (Details) - USD ($) $ in Millions	Dec. 28, 2024	Mar. 30, 2024
Schedule of Balances Payable Under All Borrowing Facilities [Abstract]
Revolver and term loan facilities	$ 500	$ 695.2
Senior notes	500	500
Debt issuance costs	(9)	(10.7)
Other	10.4	7.4
Total debt	1,001.4	1,191.9
Less: current portion	1.7	3.8
Long-term debt	$ 999.7	$ 1,188.1

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended		9 Months Ended
	Oct. 31, 2021	Dec. 28, 2024	Dec. 30, 2023	Dec. 28, 2024	Dec. 30, 2023
Income Taxes [Line Items]
Effective income tax rates		22.50%	18.10%	22.50%	21%
Effective income tax rate with stock based compensation (in Dollars)		$ 0.8	$ 1.9	$ 2.5	$ 2.4
Effective income tax rate without discrete		23.50%	21.20%	23.60%	22.20%
Other discrete tax benefits (in Dollars)			$ 0.2	$ 0.1	$ 0.2
Decrease in unrecognized tax positions, pertaining primarily to federal and state credits and state tax (in Dollars)		$ 1.9		$ 1.9
Taxation of large multinational corporations minimum rate	15%
Foreign Tax Jurisdiction [Member]
Income Taxes [Line Items]
Returns subject to examination				periods, but generally back to and including the year ended March 28, 2020, although certain tax credits generated in earlier years are open under statute from March 29, 2008
US Federal And State [Member]
Income Taxes [Line Items]
Effective income tax rates		22.50%	18.10%

Reportable Segments - Schedule

Reportable Segments - Schedule of Reportable Segment (Details) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Dec. 28, 2024	Dec. 28, 2024	Dec. 30, 2023	Dec. 28, 2024	Dec. 30, 2023	Dec. 30, 2023	Mar. 30, 2024
Schedule of Reportable Segment [LIne Items]
Net External Sales	$ 394.4	$ 394.4	$ 373.9	$ 1,198.6	$ 1,146.6	$ 1,146.6
Gross Margin	174.9	174.9	158	532.7	492.2	492.2
Selling, General & Administrative Expenses	70.1		63.9	207.2		189.1
Operating Income	85.6	85.6	75.2	269.2	$ 248	248
Total Assets	4,665.7	4,665.7		4,665.7			$ 4,678.6
Aerospace/Defense [Member]
Schedule of Reportable Segment [LIne Items]
Net External Sales	143.2		129.2	435.5		377
Gross Margin	57.9		53.3	177.8		151.2
Selling, General & Administrative Expenses	10.4		9.9	31.1		28.1
Operating Income	46.8		38.6	143.7		115.1
Total Assets	835.9	835.9		835.9			798.6
Industrial [Member]
Schedule of Reportable Segment [LIne Items]
Net External Sales	251.2		244.7	763.1		769.6
Gross Margin	117		104.7	354.9		341
Selling, General & Administrative Expenses	34.2		32.6	101.4		98.4
Operating Income	68.2		59.3	209.2		199.9
Total Assets	3,738.2	3,738.2		3,738.2			3,779.6
Corporate [Member]
Schedule of Reportable Segment [LIne Items]
Selling, General & Administrative Expenses	25.5		21.4	74.7		62.6
Operating Income	(29.4)		$ (22.7)	(83.7)		$ (67)
Total Assets	$ 91.6	$ 91.6		$ 91.6			$ 100.4

Derivative Financial Instrume_2

Derivative Financial Instruments (Details) SFr in Millions, $ in Millions	9 Months Ended
	Dec. 28, 2024 USD ($)	Aug. 12, 2024 USD ($)	Aug. 12, 2024 CHF (SFr)
Derivative Financial Instruments [Line Items]
Notional amount	$ 400	$ 80	SFr 69.4
Maturity years	3 years
Fixed rate of interest percentage	4.455%	2.77%	2.77%
Specified time period	3 years
Year 1 [Member]
Derivative Financial Instruments [Line Items]
Notional amount	$ 600
Year 2 [Member]
Derivative Financial Instruments [Line Items]
Notional amount	400
Year 3 [Member]
Derivative Financial Instruments [Line Items]
Notional amount	100
Interest Rate Swap [Member]
Derivative Financial Instruments [Line Items]
Notional amount	$ 600