v3.25.1
Note 12 - Segment Information - Segment Information (Details) - USD ($)
$ in Thousands
 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
Net sales [1] $ 1,578,887 $ 1,458,603 $ 1,509,352
Cost of products sold 1,428,686 1,270,385 1,405,033
Selling and advertising expense [2] 33,950 34,223 38,475
General and administrative expense 41,509 46,986 42,597
Other segment items [3] (12,986) (10,010) (4,871)
Interest Expense, Nonoperating 33,245 34,020 14,325
Earnings before income taxes 54,483 82,999 13,793
Income taxes 13,259 19,681 4,562
Net earnings 41,224 63,318 9,231
Depreciation and amortization [4] 44,776 43,478 40,941
Capital expenditures [5] 61,548 43,625 71,805
Total assets 1,181,429 1,383,997 1,212,721
Subtotal FIFO Basis [Member]      
Net sales [1] 1,578,887 1,458,603 1,509,352
Cost of products sold 1,394,212 1,248,043 1,273,422
Selling and advertising expense [2] 33,950 34,223 38,475
General and administrative expense 41,509 46,986 42,597
Other segment items [3] (12,986) (10,010) (4,871)
Interest Expense, Nonoperating 33,245 34,020 14,325
Earnings before income taxes 88,957 105,341 145,404
Depreciation and amortization [4] 44,776 43,478 40,941
Capital expenditures [5] 61,548 43,625 71,805
Total assets 1,540,685 1,708,779 1,515,161
LIFO Impact [Member]      
Net sales [1] 0 0 0
Cost of products sold 34,474 22,342 131,611
Selling and advertising expense [2] 0 0 0
General and administrative expense 0 0 0
Other segment items [3] 0 0 0
Interest Expense, Nonoperating 0 0 0
Earnings before income taxes (34,474) (22,342) (131,611)
Depreciation and amortization [4] 0 0 0
Capital expenditures [5] 0 0 0
Total assets (359,256) (324,782) (302,440)
Operating Segments [Member] | Vegetable Segment [Member]      
Net sales [1] 1,439,029 1,325,618 1,374,468
Cost of products sold 1,282,833 1,137,351 1,151,397
Selling and advertising expense [2] 30,842 30,843 34,861
General and administrative expense 27,440 30,331 28,278
Other segment items [3] (3,214) 2,634 9,693
Interest Expense, Nonoperating 30,370 31,607 12,684
Earnings before income taxes 70,758 92,852 137,555
Depreciation and amortization [4] 40,770 39,364 37,359
Capital expenditures [5] 60,431 42,089 57,593
Total assets 1,433,773 1,604,449 1,415,857
Operating Segments [Member] | Fruit and Snack Segment [Member]      
Net sales [1] 107,373 100,835 104,156
Cost of products sold 87,492 88,993 100,272
Selling and advertising expense [2] 2,680 3,011 3,227
General and administrative expense 3,243 3,011 2,858
Other segment items [3]   209 554
Interest Expense, Nonoperating 2,251 2,347 1,180
Earnings before income taxes 11,707 3,264 (3,935)
Depreciation and amortization [4] 3,388 3,480 3,024
Capital expenditures [5] 1,117 1,536 13,406
Total assets 104,666 100,627 95,658
Operating Segments [Member] | Corporate Segment and Other Operating Segment [Member]      
Net sales [1] 32,485 32,150 30,728
Cost of products sold 23,887 21,699 21,753
Selling and advertising expense [2] 428 369 387
General and administrative expense 10,826 13,644 11,461
Other segment items [3] (9,772) (12,853) (15,118)
Interest Expense, Nonoperating 624 66 461
Earnings before income taxes 6,492 9,225 11,784
Depreciation and amortization [4] 618 634 558
Capital expenditures [5] 0 0 806
Total assets $ 2,246 $ 3,703 $ 3,646
[1] Information received by the CODM as part of net sales includes trade promotion costs representing amounts paid to retailers for shelf space, to obtain favorable display positions, and to offer temporary price reductions for the sale of the Company's products to consumers.
[2] Information received by the CODM as part of selling and advertising expenses includes direct selling expenses such as brokerage costs, sales force employee compensation, and costs incurred to execute sales to customers.
[3] Other segment items include plant restructuring, other operating (income) expense, net and other non-operating income, each of which are not considered to be significant segment expenses. These amounts are combined into one line for purposes of reconciling to the reported measure of earnings (loss) before income taxes.
[4] Depreciation and amortization are required to be disclosed as both amounts are included in the reported measure of earnings (loss) before income taxes. The amounts are not considered to be significant segment expenses and therefore are shown separately as an additional segment disclosure. Depreciation and amortization are included within the line items for cost of products sold and general and administrative expense.
[5] Capital expenditures represent fixed asset additions recorded during the respective fiscal year, regardless of payment timing. The total shown for each fiscal year reconciles to amounts reported on the Consolidated Statements of Cash Flows within the sections for net cash used in investing activities and supplemental noncash transaction information.