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Condensed Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Common Stock
Treasury Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Non-controlling Interests
Balance at the beginning at Mar. 31, 2021 $ 14,714 $ 756 $ (2,617) $ 0 $ 16,270 $ (684) $ 989
Balance at the beginning (in shares) at Mar. 31, 2021   3,023,000          
Balance at the beginning (in shares) at Mar. 31, 2021     141,000        
Increase (Decrease) in Stockholders' Equity              
Net income (loss) [1] 442       289   153
Foreign currency translation gain (loss) (49)         (49)  
Adjustment to fair value of redeemable non-controlling interest (238)       (238)    
Unrealized gain on interest rate swaps, net of tax 11         11  
Reclassification of interest rate swaps into earnings (1)         (1)  
Balance at the end at Jun. 30, 2021 14,879 $ 756 $ (2,617) 0 16,321 (723) 1,142
Balance at the end (in shares) at Jun. 30, 2021   3,023,000          
Balance at the end (in shares) at Jun. 30, 2021     141,000        
Balance at the beginning at Mar. 31, 2021 14,714 $ 756 $ (2,617) 0 16,270 (684) 989
Balance at the beginning (in shares) at Mar. 31, 2021   3,023,000          
Balance at the beginning (in shares) at Mar. 31, 2021     141,000        
Increase (Decrease) in Stockholders' Equity              
Foreign currency translation gain (loss) 54            
Unrealized gain on interest rate swaps, net of tax 57            
Balance at the end at Sep. 30, 2021 22,988 $ 756 $ (2,617) 236 24,059 (576) 1,130
Balance at the end (in shares) at Sep. 30, 2021   3,023,000          
Balance at the end (in shares) at Sep. 30, 2021     141,000        
Balance at the beginning at Jun. 30, 2021 14,879 $ 756 $ (2,617) 0 16,321 (723) 1,142
Balance at the beginning (in shares) at Jun. 30, 2021   3,023,000          
Balance at the beginning (in shares) at Jun. 30, 2021     141,000        
Increase (Decrease) in Stockholders' Equity              
Net income (loss) [1] 7,543       7,555   (12)
Stock compensation expense 236     236      
Foreign currency translation gain (loss) 103         103  
Adjustment to fair value of redeemable non-controlling interest 183       183    
Unrealized gain on interest rate swaps, net of tax 46         46  
Reclassification of interest rate swaps into earnings (2)         (2)  
Balance at the end at Sep. 30, 2021 22,988 $ 756 $ (2,617) 236 24,059 (576) 1,130
Balance at the end (in shares) at Sep. 30, 2021   3,023,000          
Balance at the end (in shares) at Sep. 30, 2021     141,000        
Balance at the beginning at Mar. 31, 2022 $ 25,717 $ 756 $ (3,002) 393 26,729 (263) 1,104
Balance at the beginning (in shares) at Mar. 31, 2022 2,866,418 3,023,000          
Balance at the beginning (in shares) at Mar. 31, 2022 156,327   156,000        
Increase (Decrease) in Stockholders' Equity              
Net income (loss) [1] $ (1,439)       (1,433)   (6)
Stock compensation expense 79     79      
Foreign currency translation gain (loss) (529)         (529)  
Adjustment to fair value of redeemable non-controlling interest 926       926    
Unrealized gain on interest rate swaps, net of tax 475         475  
Reclassification of interest rate swaps into earnings 17         17  
Balance at the end at Jun. 30, 2022 25,246 $ 756 $ (3,002) 472 26,222 (300) 1,098
Balance at the end (in shares) at Jun. 30, 2022   3,023,000          
Balance at the end (in shares) at Jun. 30, 2022     156,000        
Balance at the beginning at Mar. 31, 2022 $ 25,717 $ 756 $ (3,002) 393 26,729 (263) 1,104
Balance at the beginning (in shares) at Mar. 31, 2022 2,866,418 3,023,000          
Balance at the beginning (in shares) at Mar. 31, 2022 156,327   156,000        
Increase (Decrease) in Stockholders' Equity              
Foreign currency translation gain (loss) $ (1,135)            
Unrealized gain on interest rate swaps, net of tax 1,432            
Balance at the end at Sep. 30, 2022 $ 23,939 $ 757 $ (3,353) 571 24,802 68 1,094
Balance at the end (in shares) at Sep. 30, 2022 2,850,748 3,026,000          
Balance at the end (in shares) at Sep. 30, 2022 175,747   175,000        
Balance at the beginning at Jun. 30, 2022 $ 25,246 $ 756 $ (3,002) 472 26,222 (300) 1,098
Balance at the beginning (in shares) at Jun. 30, 2022   3,023,000          
Balance at the beginning (in shares) at Jun. 30, 2022     156,000        
Increase (Decrease) in Stockholders' Equity              
Net income (loss) (1,236)       (1,232)   (4)
Repurchase of common stock $ (351)            
Repurchase of common stock (in shares) 19,000            
Exercise of stock options $ 21 $ 1   20      
Exercises of stock options (in shares) 3,000            
Stock compensation expense $ 79     79      
Foreign currency translation gain (loss) (606)         (606)  
Adjustment to fair value of redeemable non-controlling interest (188)       (188)    
Unrealized gain on interest rate swaps, net of tax 957         957  
Reclassification of interest rate swaps into earnings 17         17  
Balance at the end at Sep. 30, 2022 $ 23,939 $ 757 $ (3,353) $ 571 $ 24,802 $ 68 $ 1,094
Balance at the end (in shares) at Sep. 30, 2022 2,850,748 3,026,000          
Balance at the end (in shares) at Sep. 30, 2022 175,747   175,000        
[1] Excludes amount attributable to redeemable non-controlling interests in Contrail Aviation Support, LLC ("Contrail") and Shanwick B.V. ("Shanwick")