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Consolidated Statements of Net Earnings - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2021
Net sales $ 1,509,352 $ 1,385,280 $ 1,467,644
Costs and expenses:      
Cost of products sold 1,373,456 1,237,348 1,235,459
Selling, general, and administrative expense 81,072 76,343 79,950
Other operating (income) expense, net (1,662) 1,174 (29,014)
Plant restructuring 3,550 70 182
Total costs and expenses 1,456,416 1,314,935 1,286,577
Operating income 52,936 70,345 181,067
Other income and expenses:      
Interest expense, net of interest income of $528, $63 and $42, respectively 14,325 5,641 6,125
Loss from equity investment 0 7,775 11,453
Other non-operating (income) expense (6,759) (9,302) 3,473
Earnings before income taxes 45,370 66,231 160,016
Income taxes 12,232 15,224 33,916
Net earnings $ 33,138 $ 51,007 $ 126,100
Earnings per share:      
Basic (in dollars per share) $ 4.23 $ 5.83 $ 13.82
Diluted (in dollars per share) $ 4.20 $ 5.79 $ 13.72
Weighted average common shares outstanding:      
Basic (in shares) 7,796 8,707 9,088
Diluted (in shares) 7,870 8,778 9,158