v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Treasury Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Non-controlling Interests
Balance at the beginning (in shares) at Mar. 31, 2025   3,030,000          
Balance at the beginning at Mar. 31, 2025 $ (1,518) $ 758 $ (6,404) $ 947 $ 2,130 $ (647) $ 1,698 [1]
Balance at the beginning (in shares) at Mar. 31, 2025     328,000        
Increase (Decrease) in Stockholders' Equity              
Net (loss) income [1] (1,584)       (1,636)   52
Distributions to non-controlling interests (38)           (38) [1]
Stock compensation expense 40     40      
Foreign currency translation gain [2] 413         413  
Reclassification of interest rate swaps into earnings 12         12  
Allocation of comprehensive income (loss) from unconsolidated investments 5         5  
Allocation of comprehensive income (loss) to redeemable non-controlling interests (248)         (248)  
Balance at the end (in shares) at Jun. 30, 2025   3,030,000          
Balance at the end at Jun. 30, 2025 $ (2,918) $ 758 $ (6,404) 987 494 (465) 1,712 [1]
Balance at the end (in shares) at Jun. 30, 2025     328,000        
Balance at the beginning (in shares) at Mar. 31, 2026 2,701,375 3,030,000          
Balance at the beginning at Mar. 31, 2026 $ 80,875 $ 758 $ (6,432) 1,122 80,113 4,249 1,065 [1]
Balance at the beginning (in shares) at Mar. 31, 2026 328,870   329,000        
Increase (Decrease) in Stockholders' Equity              
Net (loss) income [1] $ (15,808)       (15,809)   1
Contributions from non-controlling interests 564           564 [1]
Repurchase of common stock (in shares)     10,000        
Repurchase of common stock (216)   $ (216)        
Stock compensation expense 47     47      
Foreign currency translation gain [2] 832         832  
Unrealized gain on interest rate swaps 57         57  
Reclassification of interest rate swaps into earnings 12         12  
Allocation of comprehensive income (loss) from unconsolidated investments (83)         (83)  
Allocation of comprehensive income (loss) to redeemable non-controlling interests 32         32  
ATA 25.1 warrants 37           37 [1]
Redemptions of redeemable non-controlling interests $ 518     518      
Balance at the end (in shares) at Jun. 30, 2026 2,691,664 3,030,000          
Balance at the end at Jun. 30, 2026 $ 66,867 $ 758 $ (6,648) $ 1,687 $ 64,304 $ 5,099 $ 1,667 [1]
Balance at the end (in shares) at Jun. 30, 2026 338,581   339,000        
[1]
(1) Excludes amount attributable to redeemable non-controlling interests in Contrail Aviation Support, LLC ("Contrail") and Shanwick B.V. ("Shanwick")
[2]
(2) Cumulative translation adjustments were at a loss of $0.4 million and a gain of $0.1 million as of March 31, 2025 and June 30, 2025, respectively, and a gain of $4.5 million and $5.3 million as of March 31, 2026 and June 30, 2026, respectively.