Note 5 - Property, Plant and Equipment

12 Months Ended

Mar. 31, 2022

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

5. Property, Plant and Equipment

Property, plant and equipment is comprised of the following (in thousands):

	As of:
	March 31,			March 31,
	2022			2021
Land and land improvements	$	42,981		$	42,647
Buildings and improvements		202,444		$	188,333
Machinery & equipment		403,192			371,925
Office furniture, vehicles and computer software		10,003			9,404
Construction in progress		29,976			32,580
Property, plant and equipment, cost		688,596			644,889
Less: accumulated depreciation		(420,553	)		(396,306	)
Property, plant and equipment, net	$	268,043		$	248,583

Depreciation expense totaled $30.2 million and $27.1 million for fiscal years 2022 and 2021, respectively.