Note 5 - Property, Plant and Equipment

12 Months Ended

Mar. 31, 2024

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,
	2024			2023
Land and land improvements	$	49,627		$	46,978
Buildings and improvements		236,141			214,110
Machinery and equipment		457,433			421,067
Office equipment, furniture, vehicles and computer software		14,971			11,738
Construction in progress		14,450			40,539
Property, plant and equipment, cost		772,622			734,432
Less: accumulated depreciation		(467,606	)		(433,220	)
Property, plant and equipment, net	$	305,016		$	301,212

Depreciation expense totaled $36.8 million, $33.9 million, and $30.2 million for fiscal years 2024, 2023, and 2022, respectively.