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Condensed Consolidated Statements of Net Earnings (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2022
Jan. 01, 2022
Dec. 31, 2022
Jan. 01, 2022
Net sales $ 473,254 $ 445,593 $ 1,178,289 $ 1,052,891
Costs and expenses:        
Cost of product sold 419,465 400,608 1,059,878 931,555
Selling, general and administrative 21,914 21,032 60,636 57,442
Plant restructuring charge (credit) 1,829 (110) 1,937 3
Other operating expense (income), net 229 399 (2,411) 681
Total costs and expenses 443,437 421,929 1,120,040 989,681
Operating income 29,817 23,664 58,249 63,210
Other income and expenses:        
Loss from equity investment 0 0 0 7,775
Other non-operating income (2,017) (2,218) (5,070) (6,969)
Interest expense, net 4,277 1,505 8,037 4,183
Earnings before income taxes 27,557 24,377 55,282 58,221
Income taxes 6,503 5,713 12,994 13,767
Net earnings $ 21,054 $ 18,664 $ 42,288 $ 44,454
Earnings per share:        
Basic (in dollars per share) $ 2.77 $ 2.16 $ 5.36 $ 5.02
Diluted (in dollars per share) $ 2.74 $ 2.14 $ 5.31 $ 4.98
Weighted average common shares outstanding:        
Basic (in shares) 7,582 8,603 7,858 8,813
Diluted (in shares) 7,655 8,674 7,931 8,884