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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Net sales $ 39,995,580 $ 53,432,029 $ 80,970,900 $ 101,625,347
Costs and expenses        
Costs of goods sold 40,778,230 49,487,488 80,282,226 91,488,328
General, selling and administrative costs 1,253,849 1,289,438 2,462,237 2,782,178
Interest expense 15,753 15,753
Costs and expenses, total 42,032,079 50,792,679 82,744,463 94,286,259
Interest and other income (4,370) (6,275) (10,705) (69,050)
Earnings (loss) before income taxes (2,032,129) 2,645,625 (1,762,858) 7,408,138
Provision for (benefit from) income taxes:        
Current (385,062) 748,719 (294,524) 1,815,175
Deferred (102,930) (104,010) (118,969) (7,846)
Income tax (487,992) 644,709 (413,493) 1,807,329
Net earnings (loss) $ (1,544,137) $ 2,000,916 $ (1,349,365) $ 5,600,809
Weighted average number of common shares outstanding:        
Basic (in shares) 6,999,444 7,009,444 6,999,444 7,009,444
Diluted (in shares) 6,999,444 7,009,444 6,999,444 7,009,444
Net earnings (loss) per share:        
Basic (in dollars per share) $ (0.22) $ 0.29 $ (0.19) $ 0.80
Diluted (in dollars per share) (0.22) 0.29 (0.19) 0.80
Cash dividends declared per common share (in dollars per share) $ 0.02 $ 0.06 $ 0.06 $ 0.09