Note 14 - Restructuring

6 Months Ended

Sep. 30, 2023

Notes to Financial Statements

Restructuring and Related Activities Disclosure [Text Block]

14. Restructuring

The following table summarizes the rollforward of restructuring charges recorded and the accruals established (in thousands):

				Restructuring Payable
	Severance			Other Costs			Total
Balance March 31, 2023	$	117		$	-		$	117
First quarter charge		(42	)		182			140
Second quarter charge		-			9			9
Cash payments/write-offs		(75	)		(191	)		(266	)
Balance September 30, 2023	$	-		$	-		$	-

	Severance		Other Costs			Total
Balance March 31, 2022	$	-	$	-		$	-
First quarter charge		-		56			56
Second quarter charge		-		52			52
Cash payments/write-offs		-		(108	)		(108	)
Balance October 1, 2022	$	-	$	-		$	-

During the three and six months ended September 30, 2023, respectively, the Company incurred restructuring charges primarily due to equipment moves from ceasing production of green beans at a plant in the Northeast in the previous fiscal year. During the three and six months ended October 1, 2022, respectively, the Company incurred restructuring charges primarily related to plants that were closed in previous periods.