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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Net Sales $ 24,861,680 $ 39,995,580 $ 48,386,280 $ 80,970,900
Costs and expenses        
Costs of goods sold 23,770,583 40,778,230 47,038,429 80,282,226
General, selling and administrative costs 1,401,888 1,253,849 2,793,642 2,462,237
Interest expense 6,255 12,208
Costs and expenses, total 25,178,726 42,032,079 49,844,279 82,744,463
EARNINGS (LOSS) FROM OPERATIONS (317,046) (2,036,499) (1,457,999) (1,773,563)
Interest and other income (4,325) (4,370) (8,648) (10,705)
EARNINGS (LOSS) BEFORE INCOME TAXES (312,721) (2,032,129) (1,449,351) (1,762,858)
Provision for (benefit from) income taxes:        
Current 46,005 (385,062) (123,041) (294,524)
Deferred (108,721) (102,930) (217,443) (118,969)
Income tax (62,716) (487,992) (340,484) (413,493)
NET EARNINGS (LOSS) $ (250,005) $ (1,544,137) $ (1,108,867) $ (1,349,365)
Weighted average number of common shares outstanding:        
Basic (in shares) 7,067,898 6,999,444 7,074,137 6,999,444
Diluted (in shares) 7,067,898 6,999,444 7,074,137 6,999,444
Net earnings (loss) per share:        
Basic (in dollars per share) $ (0.04) $ (0.22) $ (0.16) $ (0.19)
Diluted (in dollars per share) (0.04) (0.22) (0.16) (0.19)
Cash dividends declared per common share (in dollars per share) $ 0.02 $ 0.02 $ 0.04 $ 0.06