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ACQUISITION (Tables)
6 Months Ended
Sep. 30, 2023
Business Combinations [Abstract]  
Schedule of Recognized Fair Value of Identified Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary allocation of the purchase price to the fair value of assets acquired and liabilities assumed (based on Level 3 inputs) as of September 30, 2023:

 

 

 

 

 

 

Fair Value

 

Inventory

 

$

14,809

 

Prepaid and Other Current Assets

 

 

179

 

Property, Plant, and Equipment

 

 

12,737

 

Lease Right-of-Use Assets

 

 

1,646

 

Intangible Assets

 

 

16,100

 

Lease Obligations

 

 

(1,646

)

Other Long-term Liabilities

 

 

(630

)

Goodwill

 

 

11,858

 

Total Estimated Purchase Price

 

$

55,053

 

Schedule of Revenue and Operating Earnings Related to Business Acquisition

The following table presents the Revenue and Operating Loss related to the Stockton Terminal Acquisition that has been included in our Consolidated Statement of Earnings from May 3, 2023, through September 30, 2023.

 

 

 

 

 

 

 

 

 

For the Three Months Ended

 

 

For the Six Months Ended

 

 

 

September 30, 2023

 

 

 

(dollars in thousands)

 

Revenue

 

$

13,029

 

 

$

19,497

 

Operating Loss

 

$

(130

)

 

$

(2,050

)