XML 39 R27.htm IDEA: XBRL DOCUMENT v3.24.3
Note H - Derivative Financial Instruments (Tables)
6 Months Ended
Sep. 30, 2024
Notes Tables  
Schedule of Derivative Instruments [Table Text Block]
 

Asset Derivatives

 

Liability Derivatives

 
 

Balance Sheet

    

Balance Sheet

    

Derivatives not designated as hedging instruments:

Location

 

Fair Value

 

Location

 

Fair Value

 

Hot-rolled coil steel contracts

Current portion of derivative assets

 $18 

Current portion of derivative liability

 $1 
 

Asset Derivatives

 

Liability Derivatives

 
 

Balance Sheet

    

Balance Sheet

    

Derivatives not designated as hedging instruments:

Location

 

Fair Value

 

Location

 

Fair Value

 

Hot-rolled coil steel contracts

Current portion of derivative assets

 $74 

Current portion of derivative liability

 $1,686 
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]
        Pre-Tax 
        Loss Reclassified from 
   Pre-Tax Gain (Loss) Location of Loss Reclassified  AOCI into Net 
   Recognized in OCI from AOCI into Net Earnings  Earnings 

For the six months ended September 30, 2023:

         

Hot-rolled coil steel contracts

 $ 

Sales

 $(418)

Total

 $   $(418)
Derivative Instruments, Gain (Loss) [Table Text Block]
   

Gain Recognized in Earnings

 
 

Location of Gain

 

for the Three Months Ended

 
 

Recognized in Earnings

 September 30, 2024 

Hot-rolled coil steel contracts

Gain on economic hedges of risk

 $194 
   

Gain Recognized in Earnings

 
 

Location of Gain

 

for the Six Months Ended

 
 

Recognized in Earnings

 

September 30, 2024

 

Hot-rolled coil steel contracts

Gain on economic hedges of risk

 $5,569 
   

Gain Recognized in Earnings

 
 

Location of Gain

 

for the Three Months Ended

 
 

Recognized in Earnings

 

September 30, 2023

 

Hot-rolled coil steel contracts

Gain on economic hedges of risk

 $4,402 
   

Gain Recognized in Earnings

 
 

Location of Gain

 

for the Six Months Ended

 
 

Recognized in Earnings

 

September 30, 2023

 

Hot-rolled coil steel contracts

Gain on economic hedges of risk

 $4,832 
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]  
Notes Tables  
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
  

Gain (Loss) on

 
  

Derivatives

 

Balance at March 31, 2023

 $(317)

Other comprehensive income, net of loss, before reclassification

   

Total loss reclassified from AOCI (1)

  317 

Net current period other comprehensive income

  317 

Balance at September 30, 2023

 $