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Note 16 - Plant Restructuring
12 Months Ended
Mar. 31, 2022
Notes to Financial Statements  
Restructuring and Related Activities Disclosure [Text Block]

16. Plant Restructuring

 

The following table summarizes the restructuring charges recorded and the accruals established during fiscal years 2022 and 2021 (in thousands):

 

  

Severance

  

Other

     
  

Payable

  

Costs

  

Total

 
             

Balance March 31, 2020

 $202  $-   202 

Charge to expense

  227   (45)  182 

Cash payments/write offs

  (429)  45   (384)

Balance March 31, 2021

  -   -   - 

Charge to expense

  -   70   70 

Cash payments/write offs

  -   (70)  (70)

Balance March 31, 2022

 $-  $-  $- 

 

During fiscal years 2022 and 2021, the Company incurred restructuring charges primarily related to plants that were closed in previous periods, including severance, health care costs, and lease impairments, amongst other minor charges.