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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Net Sales $ 130,748 $ 149,692 $ 268,046 $ 311,495
Costs and expenses:        
Costs of products sold 124,927 145,014 245,896 288,145
Selling, general and administrative 4,766 4,607 10,738 10,960
Costs and Expenses 129,693 149,621 256,634 299,105
EARNINGS FROM OPERATIONS 1,055 71 11,412 12,390
Gain on economic hedges of risk 4,402 3,749 4,832 6,504
Interest expense (805) (621) (1,345) (1,051)
Other income 10 7 16 20
EARNINGS BEFORE INCOME TAXES 4,662 3,206 14,915 17,863
Provision for (benefit from) income taxes:        
Current 1,165 750 3,745 4,238
Deferred (16) (15) (33) (31)
Income tax 1,149 735 3,712 4,208
NET EARNINGS $ 3,513 $ 2,471 $ 11,203 $ 13,655
Net earnings per share:        
Basic (in dollars per share) $ 0.48 $ 0.34 $ 1.52 $ 1.88
Diluted (in dollars per share) 0.48 0.34 1.52 1.88
Cash dividends, per share (in dollars per share) $ 0.02 $ 0.02 $ 0.04 $ 0.04