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Note 6 - Assets Held For Sale
9 Months Ended
Dec. 31, 2022
Disposal Group, Held-for-sale, Not Discontinued Operations [Member]  
Notes to Financial Statements  
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

6.

Assets Held For Sale

 

The Company classifies its assets as held for sale at the time management commits to a plan to sell the asset, the asset is actively marketed and available for immediate sale, and the sale is expected to be completed within one year. Due to market conditions, certain assets may be classified as held for sale for more than one year as the Company continues to actively market the assets. The Company has non-operating facilities and equipment that meet the criteria to be classified as held for sale and are recorded at the lower of carrying value or fair value less costs to sell. The following table presents information related to the major classes of assets that were classified as held for sale in the condensed consolidated balance sheets (in thousands):

 

   

As of:

 
   

December 31,

   

January 1,

   

March 31,

 
   

2022

   

2022

   

2022

 

Property, plant and equipment, net

  $ 1,615     $ 8,930     $ 5,979  

Current assets held for sale

  $ 1,615     $ 8,930     $ 5,979