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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Net sales $ 28,150,817 $ 43,326,080 $ 109,121,717 $ 144,951,427
Costs and expenses        
Costs of goods sold 28,097,884 41,395,596 108,380,110 132,883,924
General, selling and administrative costs 1,200,393 1,054,100 3,662,630 3,836,279
Interest expense 2,463 1,792 2,463 17,545
Costs and expenses, total 29,300,740 42,451,488 112,045,203 136,737,748
Interest and other income (4,370) (6,275) (15,075) (75,325)
Earnings (loss) before income taxes (1,145,553) 880,867 (2,908,411) 8,289,004
Provision for (benefit from) income taxes:        
Current 244,940 282,365 (49,584) 2,097,540
Deferred (509,490) (66,271) (628,459) (74,118)
Income tax (264,550) 216,094 (678,043) 2,023,422
Net earnings (loss) $ (881,003) $ 664,773 $ (2,230,368) $ 6,265,582
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) $ (0.13) $ 0.09 $ (0.32) $ 0.89
Diluted (in dollars per share) (0.13) 0.09 (0.32) 0.89
Cash dividends declared per common share (in dollars per share) $ 0.02 $ 0.06 $ 0.08 $ 0.15