v3.26.1
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Treasury Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Balance at the beginning (in shares) at Mar. 31, 2024   3,030,000          
Balance at the beginning at Mar. 31, 2024 $ 5,820 $ 758 $ (4,959) $ 859 $ 8,192 $ (80) $ 1,050 [1]
Balance at the beginning (in shares) at Mar. 31, 2024     257,000        
Increase (Decrease) in Stockholders' Equity              
Net loss (income) [1] (6,124)       (6,140)   16
Declared distributions to non-controlling interests (98)           (98) [1]
Repurchase of common stock (in shares)     71,000        
Repurchase of common stock (1,445)   $ (1,445)        
Stock option forfeiture (Note 15) (54)     (54)      
Stock compensation expense 142     142      
Foreign currency translation gain 407         407  
Redemption of non-controlling interest 224       78 146  
Reclassification of interest rate swaps into earnings (1,351)         (1,351)  
Initial consolidation of CASP, LLC 730           730 [1]
Allocation of comprehensive income from unconsolidated investments (3)         (3)  
Allocation of comprehensive income to redeemable non-controlling interests $ 234         234  
Balance at the end (in shares) at Mar. 31, 2025 2,702,639 3,030,000          
Balance at the end at Mar. 31, 2025 $ (1,518) $ 758 $ (6,404) 947 2,130 (647) 1,698 [1]
Balance at the end (in shares) at Mar. 31, 2025 327,606   328,000        
Increase (Decrease) in Stockholders' Equity              
Net loss (income) [1] $ 80,398       77,983   2,415
Declared distributions to non-controlling interests (3,094)           (3,094) [1]
Repurchase of common stock (in shares)     1,000        
Repurchase of common stock (28)   $ (28)        
Stock compensation expense 175     175      
Foreign currency translation gain [2] 4,816         4,816  
Unrealized loss on interest rate swaps (14)         (14)  
Reclassification of interest rate swaps into earnings 49         49  
Allocation of comprehensive income from unconsolidated investments 229         229  
Allocation of comprehensive income to redeemable non-controlling interests (184)         (184)  
ATA 25.1 warrants (Note 22) $ 46           46 [1]
Balance at the end (in shares) at Mar. 31, 2026 2,701,375 3,030,000          
Balance at the end at Mar. 31, 2026 $ 80,875 $ 758 $ (6,432) $ 1,122 $ 80,113 $ 4,249 $ 1,065 [1]
Balance at the end (in shares) at Mar. 31, 2026 328,870   329,000        
[1] Excludes amount attributable to redeemable non-controlling interests in Contrail Aviation Support, LLC ("Contrail") and Shanwick B.V. ("Shanwick")
[2] Cumulative translation adjustments were at a gain of $4.5 million and loss of $0.4 million as of March 31, 2026 and March 31, 2025, respectively.