Note 13 - Industry Segment Data (Tables)

12 Months Ended

Mar. 31, 2023

Notes Tables

Schedule of Segment Reporting Information, by Segment [Table Text Block]

	Year Ended March 31,
	2023			2022
NET SALES:
Coil	$	485,641		$	230,438
Tubular		61,901			54,797
TOTAL NET SALES	$	547,542		$	285,235
OPERATING PROFIT:
Coil	$	23,421		$	31,791
Tubular		8,641			2,424
TOTAL OPERATING PROFIT		32,062			34,215
General corporate expenses		(10,988	)		(5,695	)
Gain (loss) on economic hedges of risk		9,306			(11,636	)
Interest expense		(2,218	)		(255	)
Other income		27			1,702
TOTAL EARNINGS BEFORE INCOME TAXES	$	28,189		$	18,331
IDENTIFIABLE ASSETS:
Coil	$	179,780		$	115,232
Tubular		15,858			24,017
		195,638			139,249
General corporate assets		3,674			20,026
TOTAL ASSETS	$	199,312		$	159,275
DEPRECIATION:
Coil	$	2,097		$	974
Tubular		330			330
Corporate and other		99			16
	$	2,526		$	1,320
CAPITAL EXPENDITURES (excluding $18,000 of assets acquired through business combination - see Note 2):
Coil	$	16,328		$	8,005
Tubular		125			21
Corporate and other		1			39
	$	16,454		$	8,065