Summary of Significant Accounting Policies (Tables)

3 Months Ended

Jun. 30, 2019

Accounting Policies [Abstract]

Inventories

Inventories consisted of the following (in thousands):

	June 30, 2019		March 31, 2019		June 30, 2018
Raw material	$	16,304	$	14,246	$	13,207
Work-in-process	20,737		16,816		16,495
Finished goods	70,258		65,169		88,242
	$	107,299	$	96,231	$	117,944

Property, Plant and Equipment

Property, plant and equipment are stated at cost and include the following (in thousands):

	June 30, 2019			March 31, 2019			June 30, 2018
Land	$	5,738		$	5,738		$	7,025
Buildings, leasehold interests and improvements	40,918			40,893			45,348
Machinery, equipment and other	116,756			113,946			106,292
	163,412			160,577			158,665
Less - Accumulated depreciation and amortization	(112,071		)	(109,657		)	(105,532		)
Net property, plant and equipment	$	51,341		$	50,920		$	53,133

Schedule of Segment Reporting

The following represents our net sales disaggregated by product category (in thousands):

	Three Months Ended June 30,
	2019		2018
Craft	$	35,659	$	35,288
Gift	19,829		24,040
Seasonal	2,049		4,799
Total	$	57,537	$	64,127

Schedule of Accumulated Other Comprehensive Income (Loss)

Components of Accumulated Other Comprehensive Income (Loss), Net

	Three Months Ended June 30,
	2019			2018
	(in thousands)
Accumulated effect of currency translation adjustment:
Balance at beginning of period	$	12		$	988
Currency translation adjustment during period	(215		)	(720		)
Balance at end of period	$	(203	)	$	268
Accumulated effect of pension and postretirement benefits:
Balance at beginning and end of period	$	453		$	259
Accumulated effect interest rate swap agreement:
Balance at beginning of period	$	—		$	(84	)
Fair value adjustment	—			265
Balance at end of period	$	—		$	181