Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2024	Mar. 31, 2024
CURRENT ASSETS:
Cash	$ 2,473	$ 2,891
Accounts receivable, net of allowances for credit losses and cash discounts of $147 and $97 at September 30, and March 31, 2024, respectively	39,620	47,329
Inventories	105,051	115,804
Current portion of derivative assets	18	74
Other current assets	882	3,966
TOTAL CURRENT ASSETS	148,044	170,064
PROPERTY, PLANT AND EQUIPMENT:
Land	1,670	1,670
Buildings and yard improvements	30,906	30,900
Machinery and equipment	56,359	53,607
Construction in process	805	1,977
Less accumulated depreciation	(32,871)	(31,396)
TOTAL PROPERTY, PLANT AND EQUIPMENT	56,869	56,758
OTHER ASSETS:
Cash value of officers’ life insurance and other assets	1,307	356
Operating lease right-of-use asset	2,947	2,841
TOTAL ASSETS	209,167	230,019
CURRENT LIABILITIES:
Accounts payable and accrued expenses	34,642	43,886
Income taxes payable	195	2,213
Dividends payable	279	279
Employee compensation and related expenses	1,249	5,989
Current portion of financing lease	0	54
Current portion of derivative liability	1	1,686
TOTAL CURRENT LIABILITIES	36,366	54,107
POSTRETIREMENT BENEFITS OTHER THAN PENSIONS	113	105
DEFERRED INCOME TAX LIABILITY	5,239	5,257
NON-CURRENT LEASE LIABILITIES	2,828	2,782
ASSET BASED LENDING FACILITY	35,857	40,293
TOTAL LIABILITIES	80,403	102,544
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY:
Common stock, par value $1: Authorized shares — 10,000,000; Issued shares — 8,873,203 shares at September 30, and March 31, 2024	8,873	8,873
Additional paid-in capital	35,336	35,247
Treasury stock at cost (1,904,258 shares and 1,896,892 shares at September 30, and March 31, 2024, respectively)	(13,063)	(12,929)
Retained earnings	97,618	96,284
TOTAL STOCKHOLDERS’ EQUITY	128,764	127,475
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 209,167	$ 230,019