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Note H - Derivative Financial Instruments (Tables)

9 Months Ended

Dec. 31, 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		$	38		Current portion of derivative liability		$	10

	*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 Gain (Loss) Recognized in OCI		Location of Loss Reclassified from AOCI into Net Earnings			Pre- Tax Loss Reclassified from AOCI into Net Earnings
For the nine months ended December 31, 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*		*December 31, 2024*
Hot-rolled coil steel contracts	Gain (loss) on economic hedges of risk		$	264

			*Gain Recognized in Earnings*
	*Location of Gain*		*for the Nine Months Ended*
	*Recognized in Earnings*		*December 31, 2024*
Hot-rolled coil steel contracts	Gain (loss) on economic hedges of risk		$	5,833

			*Loss Recognized in Earnings*
	*Location of Loss*		*for the Three Months Ended*
	*Recognized in Earnings*		*December 31, 2023*
Hot-rolled coil steel contracts	Gain (loss) on economic hedges of risk		$	(4,126	)

			*Gain Recognized in Earnings*
	*Location of Gain*		*for the Nine Months Ended*
	*Recognized in Earnings*		*December 31, 2023*
Hot-rolled coil steel contracts	Gain (loss) on economic hedges of risk		$	706

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 December 31, 2023		$	—

Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

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