In millions, except per share items | Mar-31-23 | Mar-31-22 | Mar-31-21 | Mar-31-20 | Mar-31-19 | Mar-31-18 | Mar-31-17 | Mar-31-16 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
Outside the United States | 0.2 | | | | | | | |
Services Group | | | | 122.7 | | | | |
Engineered Systems | | | | | 30.9 | 23.8 | 29.5 | 26.3 |
Other | 74.2 | | | 26.5 | 31.2 | 36.5 | 40.7 | 41.3 |
Total revenues [+] | 74.4 | 122.9 | 113.9 | 149.2 | 62.1 | 60.3 | 70.2 | 67.6 |
Products | | | | | | | | 64.9 |
Services | | | | | | | | 2.7 |
Revenue growth [+] | -39.5% | 7.9% | -23.7% | 140.3% | 3.0% | -14.1% | 3.8% | -6.3% |
Engineered Systems | | | | | 29.8% | -19.2% | 12.1% | -21.3% |
Distribution Services | | | | -37.6% | -13.4% | 22.1% | 823.2% | 153.2% |
Cost of goods sold [+] | 59.9 | 90.5 | 86.7 | 113.7 | 51.2 | 45.6 | 52.9 | 51.6 |
Cost of product sales | | | | | | | | 49.6 |
Cost of services | | | | | | | | 2.0 |
Gross profit | 14.5 | 32.5 | 27.2 | 35.5 | 10.9 | 14.7 | 17.3 | 16.0 |
Gross margin | 19.5% | 26.4% | 23.9% | 23.8% | 17.5% | 24.3% | 24.7% | 23.6% |
Selling, general and administrative [+] | 11.4 | 11.6 | 10.3 | 22.3 | 19.3 | 25.0 | 27.6 | 28.2 |
Sales and marketing | 11.4 | 11.6 | 10.3 | 11.1 | 9.1 | 11.9 | 12.8 | 11.3 |
General and administrative | | | | 11.2 | 10.2 | 13.2 | 14.8 | 16.9 |
Research and development | | | | 1.7 | 1.4 | 1.9 | 2.0 | 1.7 |
Other operating expenses | 19.4 | 12.6 | 10.2 | -1.6 | -3.7 | | | |
EBITDA [+] | -14.2 | 9.9 | 8.1 | 14.7 | -4.4 | -10.3 | -9.9 | -9.7 |
EBITDA growth | -243.3% | 22.1% | -44.8% | -435.4% | -57.4% | 3.2% | 2.2% | -64.9% |
EBITDA margin | -19.0% | 8.0% | 7.1% | 9.8% | -7.0% | -17.0% | -14.2% | -14.4% |
Depreciation | 1.4 | 1.4 | 1.2 | 1.2 | 1.3 | 1.4 | 1.5 | 3.0 |
EBITA | -15.6 | 8.5 | 6.9 | 13.5 | -5.7 | -11.7 | -11.4 | -12.7 |
EBITA margin | -21.0% | 6.9% | 6.1% | 9.0% | -9.2% | -19.3% | -16.2% | -18.8% |
Amortization of intangibles | 0.7 | 0.2 | 0.3 | 0.4 | 0.4 | 0.6 | 0.9 | 1.2 |
EBIT [+] | -16.3 | 8.3 | 6.6 | 13.1 | -6.2 | -12.3 | -12.3 | -13.9 |
EBIT growth | -296.6% | 24.9% | -49.5% | -312.9% | -49.8% | 0.0% | -11.7% | -56.4% |
EBIT margin | -21.9% | 6.7% | 5.8% | 8.8% | -9.9% | -20.3% | -17.5% | -20.5% |
Non-recurring items [+] | | | | | | 0.7 | 0.3 | 6.0 |
Asset impairment | | | | | | 0.7 | 0.3 | 6.0 |
Interest expense, net [+] | 0.0 | | | 0.0 | 0.0 | 0.0 | 0.1 | 0.2 |
Interest expense | | | | | | | 0.2 | 0.3 |
Interest income | 0.0 | | | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 |
Other income (expense), net [+] | -0.1 | 0.0 | -0.1 | -0.5 | -0.5 | -0.2 | 0.1 | |
Amortization of financing costs and debt discount | | | | -0.2 | -0.1 | -0.1 | -0.1 | |
Other non-operating income | | 0.0 | 0.1 | 0.0 | 0.1 | 0.2 | 0.2 | |
Other | -0.1 | 0.0 | -0.1 | 0.0 | 0.1 | 0.2 | 0.2 | |
Pre-tax income | -16.4 | 8.3 | 6.5 | 12.6 | -6.7 | -13.1 | -12.5 | -20.1 |
Income taxes | 18.0 | 2.2 | -19.6 | 0.2 | 0.0 | 0.0 | -0.3 | 0.0 |
Tax rate | | 26.2% | | 1.3% | | 0.1% | 2.1% | |
Net income | -34.3 | 6.1 | 26.1 | 12.5 | -6.7 | -13.1 | -12.3 | -20.1 |
Net margin | -46.1% | 5.0% | 22.9% | 8.4% | -10.7% | -21.8% | -17.5% | -29.8% |
|
Basic EPS [+] | ($1.08) | $0.20 | $0.85 | $0.41 | ($0.23) | ($0.46) | ($0.44) | ($0.73) |
Growth | -651.6% | -77.0% | 106.1% | -282.5% | -50.3% | 4.5% | -40.1% | -49.2% |
Diluted EPS [+] | ($1.08) | $0.19 | $0.83 | $0.40 | ($0.23) | ($0.46) | ($0.44) | ($0.73) |
Growth | -656.5% | -76.7% | 107.4% | -277.5% | -50.3% | 4.5% | -40.1% | -49.2% |
|
Shares outstanding (basic) [+] | 31.7 | 31.0 | 30.6 | 30.1 | 29.4 | 28.8 | 28.2 | 27.6 |
Growth | 2.2% | 1.3% | 1.8% | 2.3% | 2.2% | 2.2% | 1.9% | 23.6% |
Shares outstanding (diluted) [+] | 31.7 | 31.3 | 31.3 | 31.0 | 29.4 | 28.8 | 28.2 | 27.6 |
Growth | 1.3% | 0.0% | 1.1% | 5.2% | 2.2% | 2.2% | 1.9% | 23.6% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |