| Schedule of Segment Reporting Information, by Segment |
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| For the year ended March 31, 2025 |
US-LAM |
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Canada |
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EMEA |
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APAC |
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Total |
Sales(1)
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$ |
256,006 |
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$ |
158,969 |
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$ |
45,320 |
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$ |
37,912 |
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$ |
498,207 |
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Adjustments(1)
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13,497 |
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(16,024) |
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1,790 |
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|
737 |
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— |
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| Sales reviewed by the CODM |
$ |
269,503 |
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$ |
142,945 |
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$ |
47,110 |
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$ |
38,649 |
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$ |
498,207 |
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Less:(2)
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| Cost of sales |
142,200 |
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80,886 |
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27,648 |
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24,577 |
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275,311 |
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Selling, general, and administrative expenses, adjusted(3)
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64,352 |
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21,812 |
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15,489 |
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10,944 |
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|
112,597 |
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| Segment profit |
$ |
62,951 |
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$ |
40,247 |
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$ |
3,973 |
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$ |
3,128 |
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$ |
110,299 |
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| Reconciliation to Income before provision for income taxes: |
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| Deferred compensation plan (expense)/income |
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$ |
(452) |
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| Depreciation and amortization |
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(22,339) |
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Other unallocated enterprise expense4
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(7,751) |
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| Interest expense, net |
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(10,325) |
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| Other income/(expense) |
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|
687 |
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| Income before provision for income taxes |
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$ |
70,119 |
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| Supplementary data |
US-LAM |
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Canada |
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EMEA |
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APAC |
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Total |
| Intersegment revenue |
$ |
48,900 |
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$ |
16,571 |
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$ |
1,954 |
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$ |
2,944 |
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$ |
70,369 |
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| For the year ended March 31, 2024 |
US-LAM |
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Canada |
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EMEA |
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APAC |
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Total |
Sales(1)
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$ |
256,293 |
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$ |
155,319 |
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$ |
45,301 |
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$ |
37,716 |
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$ |
494,629 |
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Adjustments(1)
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11,057 |
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(15,394) |
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1,626 |
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|
2,711 |
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— |
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| Sales reviewed by the CODM |
$ |
267,350 |
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$ |
139,925 |
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$ |
46,927 |
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$ |
40,427 |
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$ |
494,629 |
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Less:(2)
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| Cost of sales |
144,713 |
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|
83,453 |
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28,213 |
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|
26,686 |
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|
283,065 |
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Selling, general, and administrative expenses, adjusted(3)
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57,224 |
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22,324 |
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13,984 |
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|
10,994 |
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|
104,526 |
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| Segment profit |
$ |
65,413 |
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$ |
34,148 |
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$ |
4,730 |
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$ |
2,747 |
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$ |
107,038 |
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| Reconciliation to Income before provision for income taxes: |
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| Deferred compensation plan (expense)/income |
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$ |
(1,231) |
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| Depreciation and amortization |
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(18,837) |
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Other unallocated enterprise expense4
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(11,599) |
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| Interest expense, net |
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(8,845) |
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| Other income/(expense) |
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1,148 |
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| Income before provision for income taxes |
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$ |
67,674 |
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| Supplementary data |
US-LAM |
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Canada |
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EMEA |
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APAC |
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Total |
| Intersegment revenue |
$ |
39,784 |
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$ |
18,162 |
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$ |
1,371 |
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$ |
3,363 |
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$ |
62,680 |
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| For the year ended March 31, 2023 |
US-LAM |
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Canada |
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EMEA |
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APAC |
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Total |
Sales(1)
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$ |
209,154 |
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$ |
153,967 |
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$ |
43,159 |
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$ |
34,310 |
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$ |
440,590 |
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Adjustments(1)
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11,064 |
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(14,872) |
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1,168 |
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2,640 |
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— |
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| Sales reviewed by the CODM |
$ |
220,218 |
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$ |
139,095 |
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$ |
44,327 |
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$ |
36,950 |
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$ |
440,590 |
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Less:(2)
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| Cost of sales |
120,247 |
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|
78,134 |
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33,670 |
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23,418 |
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255,469 |
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Selling, general, and administrative expenses, adjusted(3)
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48,988 |
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21,089 |
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10,170 |
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9,966 |
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90,213 |
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| Segment profit |
$ |
50,983 |
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$ |
39,872 |
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$ |
487 |
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$ |
3,566 |
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$ |
94,908 |
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| Reconciliation to Income before provision for income taxes: |
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| Deferred compensation plan (expense)/income |
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$ |
208 |
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| Depreciation and amortization |
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(19,231) |
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Other unallocated enterprise expense4
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(20,695) |
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| Interest expense, net |
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(5,871) |
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| Other income/(expense) |
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(86) |
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| Income before provision for income taxes |
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$ |
49,233 |
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| Supplementary data |
US-LAM |
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Canada |
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EMEA |
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APAC |
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Total |
| Intersegment revenue |
$ |
42,657 |
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$ |
17,715 |
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$ |
1,409 |
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$ |
2,033 |
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$ |
63,814 |
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(1) - "Sales" are attributed to the reportable segment on the basis of the physical location and jurisdiction of organization of the subsidiary that invoices the material and services. The sales reviewed by the CODM are attributed based on the business unit which made the sale. The adjustments shown above represent these differences. Therefore, we have adjusted the sales reviewed by the CODM to reconcile such Sales.
(2) - The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.
(3) - Selling, general, and administrative expenses, adjusted (non-GAAP), represents the Selling, general, and administrative expenses less depreciation expense, other unallocated enterprise expense, and impairment and other charges.
(4) - Other unallocated enterprise expense includes miscellaneous corporate costs not allocated, such as stock-based compensation, miscellaneous gain/loss on sale of assets and other. The fiscal 2024 and 2023 amounts include charges associated with the Russia Exit. Refer to Note 14, "Restructuring and other charges/(income)" for more information. The following table represents our capital expenditures by reportable segment:
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March 31, 2025 |
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March 31, 2024 |
| Capital expenditures, by reportable segment |
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| United States and Latin America |
$ |
4,347 |
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$ |
5,029 |
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| Canada |
5,114 |
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5,398 |
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| Europe, Middle East and Africa |
285 |
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329 |
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| Asia-Pacific |
503 |
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|
260 |
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$ |
10,249 |
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$ |
11,016 |
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