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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Mar. 31, 2026
CURRENT ASSETS:    
Cash $ 5,028 $ 2,450
Accounts receivable, net of allowances for credit losses of $624 and $426 at June 30, and March 31, 2026, respectively 90,692 80,174
Inventories 191,080 172,223
Current portion of derivative assets 868 153
Income tax receivable 0 521
Other current assets 3,438 1,518
TOTAL CURRENT ASSETS 291,106 257,039
PROPERTY, PLANT AND EQUIPMENT:    
Land 11,642 11,642
Buildings and yard improvements 32,756 32,667
Machinery and equipment 65,769 65,512
Construction in process 2,738 934
Less accumulated depreciation (38,147) (37,137)
Total property, plant, and equipment 74,758 73,618
OTHER ASSETS:    
Operating Lease, Right-of-Use Asset 6,173 4,702
Other assets 1,401 1,451
TOTAL ASSETS 373,438 336,810
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 88,240 67,169
Income taxes payable 3,563 0
Dividends payable 289 284
Employee compensation and related expenses 6,376 8,270
Current portion of derivative liability 1,851 426
TOTAL CURRENT LIABILITIES 100,319 76,149
POSTRETIREMENT BENEFITS OTHER THAN PENSIONS 17 96
DEFERRED INCOME TAX LIABILITY 6,710 6,761
NON-CURRENT LEASE LIABILITIES 5,104 4,097
SELLER NOTE PAYABLE, NET 3,489 3,489
NON-CURRENT CONTINGENT CONSIDERATION LIABILITY 2,160 2,160
ASSET BASED LENDING FACILITY 91,488 92,564
TOTAL LIABILITIES 209,287 185,316
COMMITMENTS AND CONTINGENCIES (SEE NOTE 2)
STOCKHOLDERS’ EQUITY:    
Common stock, par value $1: Authorized shares — 10,000,000; Issued shares — 9,124,805 and 9,019,505 shares at June 30, and March 31, 2026 9,125 9,020
Additional paid-in capital 36,073 35,934
Treasury stock at cost (shares 1,912,014 and 1,907,323 shares at June 30, and March 31, 2026, respectively) (13,192) (13,110)
Retained earnings 132,145 119,650
TOTAL STOCKHOLDERS’ EQUITY 164,151 151,494
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 373,438 $ 336,810