Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2024	Mar. 31, 2024
CURRENT ASSETS:
Cash	$ 4,146	$ 2,891
Accounts receivable, net of allowances for credit losses and cash discounts of $138 and $97 at June 30, and March 31, 2024, respectively	37,755	47,329
Inventories	119,802	115,804
Current portion of derivative assets	12	74
Other current assets	701	3,966
TOTAL CURRENT ASSETS	162,416	170,064
PROPERTY, PLANT AND EQUIPMENT:
Land	1,670	1,670
Buildings and yard improvements	30,906	30,900
Machinery and equipment	54,280	53,607
Construction in process	2,332	1,977
Less accumulated depreciation	(32,145)	(31,396)
Property, Plant, and Equipment, net	57,043	56,758
OTHER ASSETS:
Cash value of officers’ life insurance and other assets	333	356
Operating lease right-of-use asset	2,998	2,841
TOTAL ASSETS	222,790	230,019
Liabilities, Current [Abstract]
Accounts payable and accrued expenses	34,403	43,886
Income taxes payable	2,823	2,213
Dividends payable	279	279
Employee compensation and related expenses	1,252	5,989
Current portion of financing lease	27	54
Current portion of derivative liability	16	1,686
TOTAL CURRENT LIABILITIES	38,800	54,107
POSTRETIREMENT BENEFITS OTHER THAN PENSIONS	106	105
DEFERRED INCOME TAX LIABILITY	5,247	5,257
NON-CURRENT LEASE LIABILITIES	2,863	2,782
ASSET BASED LENDING FACILITY	46,087	40,293
TOTAL LIABILITIES	93,103	102,544
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY:
Common stock, par value $1: Authorized shares — 10,000,000; Issued shares — 8,873,203 shares at June 30, and March 31, 2024	8,873	8,873
Additional paid-in capital	35,294	35,247
Treasury stock at cost (1,903,508 shares and 1,896,892 shares at June 30, and March 31, 2024, respectively)	(13,052)	(12,929)
Retained earnings	98,572	96,284
TOTAL STOCKHOLDERS’ EQUITY	129,687	127,475
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 222,790	$ 230,019