Annual report [Section 13 and 15(d), not S-K Item 405]

Acquisition (Tables)

v3.26.1
Acquisition (Tables)
12 Months Ended
Mar. 31, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Business Combination
Purchase Price Allocation - F.A.T.I.
Amortization Period (years) Fair Value
Cash $ 2,278 
Accounts receivable 2,088 
Inventories 3,434 
Other current assets 1,113 
Property, plant and equipment 7,580 
Intangibles:
Customer relationships 10 1,776 
Trademarks 5 502 
Developed technology 15 1,909 
Goodwill(1)
2,447 
Total fair value of assets acquired $ 23,127 
Current and non-current liabilities (8,394)
Total fair value of liabilities acquired $ (8,394)
Total purchase price $ 14,733 
(1) The goodwill related to the F.A.T.I. Acquisition is not deductible for tax purposes.
Schedule of Business Acquisition, Pro Forma Information
in thousands, unaudited Twelve Months Ended March 31, 2026 Twelve Months Ended March 31, 2025 Twelve Months Ended March 31, 2024
Sales $ 536,263  $ 504,223  $ 507,229 
Net income 44,571  53,461  51,986