Note 10 - Other Comprehensive Loss

12 Months Ended

Mar. 31, 2021

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

10.

   OTHER COMPREHENSIVE LOSS

The following table summarizes the tax effects on each c

omponent of Other Comprehensive Loss for the periods presented:

	Twelve Months Ended March 31, 2021
	Before-Tax			Tax Benefit		Net-of-Tax
Cash flow hedges (1)	$	(14,751,900	)	$	3,564,059	$	(11,187,841	)
Other comprehensive loss	$	(14,751,900	)	$	3,564,059	$	(11,187,841	)

(

1

) Of the

$14,751,900

before tax comprehensive loss,

$7,908,760

 is associated with open hedges subject to fair value changes and

$6,843,140

is realized losses associated with closed hedges with the hedged transaction still expected to occur.

For the fiscal year ended

March 

31,

2020,

the Company did

not

have transactions to report in other comprehensive income or loss.