Seneca Foods (SENEA) 10-K 2 Jul 20 2020 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2020	May 26, 2020	Sep. 27, 2019
Document Information [Line Items]
Entity Registrant Name	Seneca Foods Corporation
Entity Central Index Key	0000088948
Trading Symbol	senea
Current Fiscal Year End Date	--03-31
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Interactive Data Current	Yes
Entity Public Float			$ 194,326
Entity Shell Company	false
Document Type	10-K
Document Period End Date	Mar. 31, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Amendment Flag	false
Title of 12(b) Security	Common Stock Class A, $.25 Par Common Stock Class B, $.25 Par
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		7,383,993
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		1,733,902

Consolidated Statements of Net

Consolidated Statements of Net Earnings - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Net sales	$ 1,335,769	$ 1,199,581
Costs and expenses:
Cost of products sold	1,193,881	1,160,085
Selling, general, and administrative expense	76,971	72,549
Other operating income, net	(12,653)	(6,631)
Plant restructuring charge	7,046	11,657
Total costs and expenses	1,265,245	1,237,660
Operating income (loss)	70,524	(38,079)
Loss from equity investment	93
Other income	(7,018)	(4,257)
Interest expense, net of interest income of $25 and $28, respectively	11,834	15,437
Earnings (Loss) From Continuing Operations Before Income Taxes	65,615	(49,259)
Income Taxes (Benefit) From Continuing Operations	14,427	(12,776)
Earnings (Loss) From Continuing Operations	51,188	(36,483)
Earnings From Discontinued Operations (net of income taxes)	1,147	42,230
Net Earnings	$ 52,335	$ 5,747
Basic
Basic earnings (loss) from continuing operations per common share (in dollars per share)	$ 5.50	$ (3.77)
Discontinued Operations (in dollars per share)	0.12	4.36
Net Basic Earnings per Common Share (in dollars per share)	5.62	0.59
Diluted
Continuing Operations (in dollars per share)	5.46	(3.77)
Discontinued Operations (in dollars per share)	0.12	4.33
Net Diluted Earnings per Common Share (in dollars per share)	$ 5.58	$ 0.59

Consolidated Statements of Ne_2

Consolidated Statements of Net Earnings (Parentheticals) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Interest income	$ 25	$ 28

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Comprehensive income (loss):
Net earnings	$ 52,335	$ 5,747
Change in pension and postretirement benefits (net of income tax of $20,312 and $2,249, respectively)	(60,935)	6,782
Total	$ (8,600)	$ 12,529

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Loss) (Parentheticals) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Change in pension and postretirement benefits, tax	$ 20,312	$ 2,249

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2020	Mar. 31, 2019
Current Assets:
Cash and cash equivalents	$ 10,702	$ 11,480
Accounts receivable, less allowance for doubtful accounts of $1,598 and $57, respectively	109,802	84,122
Contracts receivable	7,610	0
Inventories	411,631	501,684
Refundable income taxes	4,350	1,221
Other current assets	7,323	3,075
Total Current Assets	551,600	603,248
Deferred income tax asset, net	7,872	2,417
Noncurrent assets held for sale-discontinued operations	1,026	1,143
Other assets	26,042	2,801
Right-of-use assets operating, net	60,663
Right-of-use assets financing, net	33,617
Property, plant, and equipment:
Land	24,955	25,832
Buildings and improvements	184,945	190,102
Equipment	408,385	421,639
Total	618,285	637,573
Less accumulated depreciation and amortization	389,796	398,300
Net property, plant, and equipment	228,489	239,273
Total Assets	909,309	848,882
Current Liabilities:
Accounts payable	71,194	61,024
Deferred revenue	7,758	4,098
Accrued vacation	11,876	11,678
Accrued payroll	11,864	5,105
Other accrued expenses	17,808	19,363
Current portion of long-term debt and lease obligations	28,274	6,763
Total Current Liabilities	149,654	112,377
Long-term debt, less current portion	217,081	265,900
Operating lease obligations, less current portion	42,760
Finance lease obligations, less current portion	24,366
Pension liabilities	75,742	17,349
Other liabilities	5,342	4,180
Noncurrent liabilities held for sale		305
Capital lease obligations, less current portion		31,286
Total Liabilities	514,945	431,397
Commitments and contingencies
Stockholders’ Equity:
Preferred stock	681	707
Common stock	3,041	3,039
Additional paid-in capital	98,384	98,260
Treasury stock, at cost	(88,319)	(75,740)
Accumulated other comprehensive loss	(79,220)	(18,285)
Retained earnings	459,797	409,504
Total Stockholders’ Equity	394,364	417,485
Total Liabilities and Stockholders’ Equity	909,309	848,882
Discontinued Operations, Held-for-sale [Member]
Current Assets:
Assets held for sale	182	98
Current Liabilities:
Current liabilities held for sale	880	4,285
Disposal Group, Held-for-sale, Not Discontinued Operations [Member]
Current Assets:
Assets held for sale		1,568
Current Liabilities:
Current liabilities held for sale		61
Noncurrent liabilities held for sale		$ 305

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Mar. 31, 2020	Mar. 31, 2019
Allowance for doubtful accounts	$ 1,598	$ 57

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Cash flows from operating activities:
Net earnings	$ 52,335	$ 5,747
Adjustments to reconcile net earnings to net cash provided by operations:
Depreciation and amortization	30,933	31,235
Deferred income tax expense	15,529	909
Gain on the sale of assets	(13,086)	(63,394)
Impairment and Restructuring provision	5,626	16,080
Loss from equity investment	93
401(k) match stock contribution	94	1,773
Changes in operating assets and liabilities (net of acquisitions):
Accounts receivable	(33,290)	(5,326)
Inventories	90,053	142,271
Other current assets	(4,332)	(1,029)
Accounts payable, accrued expenses, and other liabilities	(13,509)	(31,071)
Income taxes	(3,129)	(79)
Net cash provided by operating activities	127,317	97,116
Cash flows from investing activities:
Additions to property, plant, and equipment	(65,686)	(37,728)
Proceeds from life insurance		343
Proceeds from the sale of assets	22,529	104,387
Net cash (used in) provided by investing activities	(43,157)	67,002
Cash flows from financing activities:
Proceeds from issuance of long-term debt	494,098	504,381
Payments of long-term debt	(542,778)	(664,108)
Payments on financing leases	(6,437)
Change in other assets	(17,125)	(33)
Purchase of treasury stock	(12,673)	(7,957)
Preferred stock dividends paid	(23)	(23)
Net cash used in financing activities	(84,938)	(167,740)
Net decrease in cash and cash equivalents	(778)	(3,622)
Cash and cash equivalents, beginning of year	11,480	15,102
Cash and cash equivalents, end of year	10,702	11,480
Supplemental disclosures of cash flow information:
Interest	10,836	15,424
Income taxes paid	573	173
Noncash transactions:
Investment in CraftAg. LLC via contribution of plant	7,975
Property, plant and equipment issued under finance and operating leases	$ 10,843	$ 4,199

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($)	Cumulative Preferred Stock [Member]	Cumulative Convertible Preferred Stock [Member]	Participating Convertible Preferred Stock [Member]	Series 2003 Convertible Preferred Stock [Member]	Common Class A [Member]	Common Class B [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]Preferred Stock [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]Common Stock [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]Additional Paid-in Capital [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]Treasury Stock [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]AOCI Attributable to Parent [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]Retained Earnings [Member]	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Total
Balance at Mar. 31, 2018													$ 707,000	$ 3,038,000	$ 98,161,000	$ (69,556,000)	$ (25,067,000)	$ 403,780,000
Net earnings																		5,747,000	$ 5,747,000
Cash dividends paid on preferred stock																		(23,000)
Equity incentive program															100,000
Contribution of 401(k) match																1,773,000
Purchase of treasury stock																(7,957,000)
Preferred stock conversion														1,000	(1,000)
Change in pension and postretirement benefits adjustment (net of tax)																	6,782,000
Balance (Accounting Standards Update 2016-02 [Member]) at Mar. 31, 2019												$ (2,019,000)
Balance at Mar. 31, 2019													707,000	3,039,000	98,260,000	(75,740,000)	(18,285,000)	409,504,000	417,485,000
Preferred stock, shares outstanding (in shares)	200,000	807,240	37,529	500
Common stock, shares outstanding (in shares)					7,667,913	1,874,861
Net earnings																		52,335,000	52,335,000
Cash dividends paid on preferred stock	$ (3,000)																	(23,000)	(23,000)
Equity incentive program															100,000
Contribution of 401(k) match																94,000
Purchase of treasury stock					$ (8,800,000)	$ (3,900,000)										(12,673,000)
Preferred stock conversion													(26,000)	2,000	24,000
Change in pension and postretirement benefits adjustment (net of tax)																	(60,935,000)
Balance at Mar. 31, 2020													$ 681,000	$ 3,041,000	$ 98,384,000	$ (88,319,000)	$ (79,220,000)	$ 459,797,000	$ 394,364,000
Preferred stock, shares authorized (in shares)	200,000	1,400,000	35,355	500
Common stock, shares authorized (in shares)					20,000,000	10,000,000
Preferred stock, shares outstanding (in shares)	200,000	807,240	35,355	500
Common stock, shares outstanding (in shares)					7,383,993	1,733,902
Preferred stock, stock amount	$ 50,000	$ 202,000	$ 421,000	$ 8,000
Common stock, stock amount					$ 2,539,000	$ 502,000

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parentheticals) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Cumulative Preferred Stock [Member]
Preferred stock, dividend rate	6.00%
Preferred stock, par value (in dollars per share)	$ 0.25
Cumulative Convertible Preferred Stock [Member]
Preferred stock, dividend rate	10.00%
Preferred stock, par value (in dollars per share)	$ 0.025
Participating Convertible Preferred Stock [Member]
Preferred stock, par value (in dollars per share)	0.025
Series 2003 Convertible Preferred Stock [Member]
Preferred stock, par value (in dollars per share)	0.025
Common Class A [Member]
Common stock, par value (in dollars per share)	0.25
Common Class B [Member]
Common stock, par value (in dollars per share)	$ 0.25
Retained Earnings [Member] | Accounting Standards Update 2016-02 [Member]
Operating lease impairment adjustment upon the adoption of ASU 2016-02 "Leases", tax	$ 673
Retained Earnings [Member]
Change in pension and postretirement benefits, tax	20,312	$ 2,249
Change in pension and postretirement benefits, tax	20,312	2,249
Operating lease impairment adjustment upon the adoption of ASU 2016-02 "Leases", tax	$ 14,427	$ (12,776)

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies	12 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Significant Accounting Policies [Text Block]	1. Nature of Operations — 27 30 nine Principles of Consolidation Revenue Recognition 4, Trade promotions are an important component of the sales and marketing of the Company’s branded products, and are critical to the support of the business. Trade promotion costs, which are recorded as a reduction of sales, include amounts paid to retailers for shelf space, to obtain favorable display positions and to offer temporary price reductions for the sale of our products to consumers. Accruals for trade promotions are recorded primarily at the time of sale to the retailer based on expected levels of performance. Settlement of these liabilities typically occurs in subsequent periods primarily through an authorized process for deductions taken by a retailer from amounts otherwise due to the Company. As a result, the ultimate cost of a trade promotion program is dependent on the relative success of the events and the actions and level of deductions taken by retailers. Final determination of the permissible deductions may Concentration of Credit Risk not 9%, 6% 2020 2019, ten 49%, 47% 2020 2019, not Cash Equivalents three Fair Value of Financial Instruments 1 2 11, The three 1 3 three ● Level 1 ● Level 2 not ● Level 3 one Deferred Financing Costs not March 31, 2020 $0.3 $0.1 Inventories first Inc ome Taxes The Company evaluates the likelihood of realization of its net deferred income tax assets by assessing its valuation allowance and by adjusting the amount of such allowance, if necessary. The factors used to assess the likelihood of realization are the Company’s forecast of future taxable income, the projected reversal of temporary differences and available tax planning strategies that could be implemented to realize the net deferred income tax assets. Current rules on the accounting for uncertainty on income taxes prescribe a minimum recognition threshold for a tax position taken or expected to be taken in a tax return that is required to be met before being recognized in the financial statements. Those rules also provide guidance on derecognition, measurement, classification, interest and penalties, accounting in interim periods, disclosure and transition. The Company recognizes interest and penalties accrued on unrecognized tax benefits as well as interest received from favorable settlements within income tax expense. Assets Held for Sale — no Discontinued Operations 2019, Unless otherwise indicated, information in the notes to the consolidated financial statements relates to continuing operations. Advertising Costs $2.2 $2.1 2020 2019, Accounts Receivable and Doubtful Accounts 15 Earnings per Common Share three Diluted earnings per share is calculated by dividing earnings attributable to common stockholders by the sum of the weighted average common shares outstanding plus the dilutive effect of convertible preferred stock using the “if-converted” method, which treats the contingently-issuable shares of convertible preferred stock as common stock. Years ended March 31, 2020 2019 Continuing Operations (In thousands, except per share amounts) Basic Continuing operations earnings (loss) $ 51,188 $ (36,483 ) Deduct preferred stock dividends 23 23 Undistributed earnings (loss) 51,165 (36,506 ) Earnings (loss) attributable to participating preferred shareholders 206 (143 ) Earnings (loss) attributable to common shareholders $ 50,959 $ (36,363 ) Weighted average common shares outstanding 9,264 9,652 Basic earnings (loss) from continuing operations per common share $ 5.50 $ (3.77 ) Diluted Earnings (loss) attributable to common shareholders $ 50,959 $ (36,363 ) Add dividends on convertible preferred stock 20 - Earnings (loss) attributable to common stock on a diluted basis $ 50,979 $ (36,363 ) Weighted average common shares outstanding-basic 9,264 9,652 Additional shares to be issued related to the equity compensation plan 2 - Additional shares to be issued under full conversion of preferred stock 67 - Total shares for diluted 9,333 9,652 Diluted earnings (loss) from continuing operations per share $ 5.46 $ (3.77 ) Years ended March 31, 2020 2019 Discontinued Operations (In thousands, except per share amounts) Basic Discontinued operations earnings $ 1,147 $ 42,230 Deduct preferred stock dividends 23 23 Undistributed earnings 1,124 42,207 Earnings attributable to participating preferred shareholders 5 166 Earnings attributable to common shareholders $ 1,119 $ 42,041 Weighted average common shares outstanding 9,264 9,652 Basic earnings from discontinued operations per common share $ 0.12 $ 4.36 Diluted Earnings attributable to common shareholders $ 1,119 $ 42,041 Add dividends on convertible preferred stock 20 20 Earnings attributable to common stock on a diluted basis $ 1,139 $ 42,061 Weighted average common shares outstanding-basic 9,264 9,652 Additional shares to be issued related to the equity compensation plan 2 3 Additional shares to be issued under full conversion of preferred stock 67 67 Total shares for diluted 9,333 9,722 Diluted earnings from discontinued operations per share $ 0.12 $ 4.33 Note: For fiscal 2019 Depreciation and Valuation $26.1 $29.5 2020, 2019, 30 10 15 3 5 3 7 10 20 The Company assesses its long-lived assets for impairment whenever there is an indicator of impairment. Impairment losses are evaluated if the estimated undiscounted cash flows from using the assets are less than carrying value. A loss is recognized when the carrying value of an asset exceeds its fair value. There were no 2020. $7.8 2019 Use of Estimates in the Preparation of Financial Statements Recently Issued Accounting Standards February 2016, 2016 02, 2016 02 12 July 2018, No. 2018 11, 842 December 15, 2018. 2016 02 April 1, 2019, 2018 11. $88,333,000 $91,025,000 $2,019,000 $2,692,000 $673,000 April 1, 2019. not $2,019,000, March 2019 7 In August 2018, No. 2018 14, Compensation—Retirement Benefits—Defined Benefit Plans—General (Topic 715 20 2018 14 December 15, 2020, 2018 14 In December 2019, No. 2019 12 first 2022. In June 2016, No. 2016 13, 326 November 2018 No. 2018 19, 326, No. 2016 13 November 2019, No. 2019 10, December 15, 2022, first No. 2016 03, No. 2018 19 April 1, 2023 Reclassifications

Note 2 - Assets Held For Sale

Note 2 - Assets Held For Sale	12 Months Ended
	Mar. 31, 2020
Disposal Group, Held-for-sale, Not Discontinued Operations [Member]
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	2 . Asset Held For Sale As of March 31, 2019, March 31, 2019 March 31, 2019 Property, Plant and Equipment (net) $ 1,568 Current Assets Held For Sale $ 1,568 Capital Lease Obligations Current Portion $ 61 Current Liabilities Held For Sale $ 61 Capital Lease Obligations $ 305 Noncurrent Liabilities Held For Sale $ 305

Note 3 - Discontinued Operation

Note 3 - Discontinued Operations	12 Months Ended
	Mar. 31, 2020
Discontinued Operations [Member]
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	3. Discontinued Operations On July 13, 2018, October 9, 2018, $63,326,000. 15% 210 05—Discontinued The following table presents information related to the major classes of assets and liabilities of Modesto that are classified as Held For Sale-Discontinued Operations in the Company's Consolidated Condensed balance sheets (in thousands): March 31, 2020 March 31, 2019 Other Current Assets $ 182 $ 98 Current Assets Held For Sale-Discontinued Operations $ 182 $ 98 Other Assets $ 1,026 $ 1,143 Noncurrent Assets Held For Sale-Discontinued Operations $ 1,026 $ 1,143 Accounts Payable and Accrued Expenses $ 880 $ 4,285 Current Liabilities Held For Sale-Discontinued Operations $ 880 $ 4,285 The operating results of the discontinued operations that are reflected in the Unaudited Condensed Consolidated Statements of Net Earnings (Loss) from discontinued operations are as follows: Twelve Months Ended March 31, 2020 March 31, 2019 Net Sales $ - $ 111,693 Costs and Expenses: Cost of Product Sold 57 129,872 Selling, General and Administrative - 1,135 Plant Restructuring Charge (a) (1,150 ) 4,515 Interest Expense (b) - 1,077 Total cost and expenses (1,093 ) 136,599 Earnings (Loss) From Discontinued Operations Before Income Taxes 1,093 (24,906 ) Gain on the Sale of Assets Before Income Taxes (c) (d) (e) (430 ) (80,632 ) Income Tax Expense 376 13,496 Net Earnings From Discontinued Operations, Net of Tax $ 1,147 $ 42,230 (a) Includes $902,000 2020. Includes $3,746,000 2019. (b) Includes interest on debt directly related to Modesto including the building mortgage and equipment leases and an allocation of the Company's line of credit facility. (c) Includes a $24,211,000 2019. (d) Includes $51,446,000 2019. (e) Includes a $4,975,000 2019. Supplemental Information on Discontinued Operations: Capital Expenditures $ - $ 3,937 Depreciation - 1,302

Note 4 - Revenue Recognition

Note 4 - Revenue Recognition	12 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	4. The Company adopted Accounting Standard Codification Topic 606, Revenue from Contracts with Customer s 606” April 1, 2018, 606. Nature of products We manufacture and sell the following: • private label products to retailers, such as supermarkets, mass merchandisers, and specialty retailers, for resale under the retailers’ own or controlled labels; • private label and branded products to the foodservice industry, including foodservice distributors and national restaurant operators; • branded products under our own proprietary brands, primarily on a national basis to retailers; • branded products under co-pack agreements to other major branded companies for their distribution; and • products to our industrial customer base for repackaging in portion control packages and for use as ingredients by other food manufacturers. Disaggregation of revenue In the following table, segment revenue is disaggregated by product category groups (in millions): Year Ended March 31, 2020 March 31, 2019 Canned Vegetables $ 877.4 $ 815.8 B&G* 122.8 71.2 Frozen 105.0 113.1 Fruit Products 97.4 91.9 Chip Products 11.5 9.7 Prepared Foods 105.0 79.6 Other 16.7 18.3 $ 1,335.8 $ 1,199.6 *B&G includes both canned and frozen vegetable sales exclusively for B&G under the Green Giant label. When Performance Obligations Are Satisfied A performance obligation is a promise in a contract to transfer a distinct good or service to the customer and is the unit of account for revenue recognition. A contract’s transaction price is allocated to each distinct performance obligation and recognized as revenue when, or as, the performance obligation is satisfied. The Company’s primary performance obligation is the production of food products and secondarily case and labeling services and storage services for certain bill and hold sales. Revenue recognition is completed primarily at a point in time basis when product control is transferred to the customer. In general, control transfers to the customer when the product is shipped or delivered to the customer based upon applicable shipping terms, as the customer can direct the use and obtain substantially all of the remaining benefits from the asset at this point in time. Customer contracts generally do not one one The performance obligations in our contracts are generally satisfied within one not March 31, 2020 2019 Significant Payment Terms Our customer contracts identify the product, quantity, price, payment and final delivery terms. Payment terms usually include early pay discounts. We grant payment terms consistent with industry standards. Although some payment terms may no one not 30 Shipping All shipping and handling costs associated with outbound freight are accounted for as fulfillment costs and are included in the cost of sales; this includes shipping and handling costs after control over a product has transferred to a customer. Variable Consideration In addition to fixed contract consideration, some contracts include some form of variable consideration. Trade promotions are an important component of the sales and marketing of the Company’s branded products, and are critical to the support of the business. Trade promotion costs, which are recorded as a reduction of sales, include amounts paid to retailers for shelf space, to obtain favorable display positions and to offer temporary price reductions for the sale of our products to consumers. Accruals for trade promotions are recorded primarily at the time of sale to the retailer based on expected levels of performance. Settlement of these liabilities typically occurs in subsequent periods primarily through an authorized process for deductions taken by a retailer from amounts otherwise due to the Company. As a result, the ultimate cost of a trade promotion program is dependent on the relative success of the events and the actions and level of deductions taken by retailers. Final determination of the permissible deductions may Contract balances Contract asset balance as of March 31, 2020 $7.6 none March 31, 2019. not Contract Costs We have identified certain incremental costs to obtain a contract, primarily sales commissions, requiring capitalization under the new standard. The Company continues to expense these costs as incurred because the amortization period for the costs would have been one not

Note 5 - Revolving Credit-Facil

Note 5 - Revolving Credit-Facility	12 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Debt Disclosure [Text Block]	5 . Revolving Credit-Facility The Company completed the closing of a five July 5, 2016. $300.0 April July $400.0 August March $100 May 2020. March 31, 2020 $106.9 July 5, 2021 June November three seven may

Note 6 - Long-term Debt

Note 6 - Long-term Debt	12 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Long-term Debt [Text Block]	6. 2020 2019 (In thousands) Revolving credit facility, 2.59% and 4.00%, due through 2022 $ 106,924 $ 155,278 Farm Credit term loan, 4.54% and 4.77%, due 2022 99,941 99,906 Bluegrass tax exempt bonds, 3.01% and 3.19%, due 2033 10,000 10,000 Secured promissory note, 6.35%, due through 2020 - 262 Economic development note, 2.00%, due through 2021 500 583 Other 216 216 Total 217,581 266,245 Less current portion 500 345 Long-term debt $ 217,081 $ 265,900 See Note 5, The Company’s debt agreements, including the Revolver and term loan, contain covenants that restrict the Company’s ability to incur additional indebtedness, pay dividends on the Company’s capital stock, make other restricted payments, including investments, sell the Company’s assets, incur liens, transfer all or substantially all of the Company’s assets and enter into consolidations or mergers. The Company’s debt agreements also require the Company to meet certain financial covenants, including a minimum fixed charge coverage ratio, a minimum EBITDA and minimum tangible net worth. The Revolver also contains borrowing base requirements related to accounts receivable and inventories. These financial requirements and ratios generally become more restrictive over time and are subject to allowances for seasonal fluctuations. The most restrictive financial covenant in the debt agreements is the EBITDA within the Farm Credit term loan which for fiscal year end 2020 $45 $45 March 31, 2020. The Company's debt agreements limit the payment of dividends and other distributions. There is an annual total distribution limitation of $50,000, $23,000 two On December 9, 2016, $100.0 December 9, 2021. $0.2 18, The Company assumed a tax-exempt bond with the Truitt acquisition on April 3, 2017. March 31, 2020 $10.0 October 1, 2032. The carrying value of assets pledged for secured debt, including the Revolver, is $567.3 Debt repayment requirements for the next five Years ending March 31: 2021 $ 500 2022 206,865 2023 - 2024 - 2025 - Thereafter 10,216 Total $ 217,581

Note 7 - Leases

Note 7 - Leases	12 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Lessee, Operating and Finance Leases [Text Block]	7 . Leases The Company determines if an arrangement is a lease at inception of the agreement. Operating leases are included in right-of-use operating assets, and current and noncurrent operating lease obligations in the Company’s Condensed Consolidated Balance Sheets. Lease assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Lease assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. If the lease does not may not 12 not The Company has operating leases for land, machinery and equipment. The Company also has finance leases for machinery and equipment. The commencement date used for the calculation of the lease obligation is the latter of the commencement date of the new standard ( April 1, 2019) 12 not Upon adoption of ASU 2016 02, $2,019,000 Lease expense for lease payments is recognized on a straight-line basis over the lease term. The components of lease expense were as follows (In thousands): Year Ended March 31, 2020 Lease cost: Amortization of right of use asset $ 4,335 Interest on lease liabilities 1,353 Finance lease cost 5,688 Operating lease cost 30,190 Total lease cost $ 35,878 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from finance leases $ 1,353 Operating cash flows from operating leases 29,845 Financing cash flows from finance leases 6,437 Total $ 37,635 Right-of-use assets obtained in exchange for new finance lease liabilities $ 4,424 Right-of-use assets obtained in exchange for new operating lease liabilities $ 6,419 Weighted-average lease term (years): Financing leases 5.3 Operating leases 3.8 Weighted-average discount rate (percentage): Financing leases 4.1 Operating leases 4.5 Undiscounted future lease payments under non-cancelable operating leases and financial leases, along with a reconciliation of undiscounted cash flows to operating and financing lease liabilities, respectively, as of March 31, 2020 ( Years ending March 31: Operating Financing 2021 $ 23,896 $ 7,313 2022 18,820 7,313 2023 13,022 7,313 2024 6,510 5,786 2025 3,023 2,395 2026-2031 4,597 3,995 Total minimum payment required $ 69,868 $ 34,115 Less interest 5,559 3,524 Present value of minimum lease payments 64,309 30,591 Amount due within one year 21,549 6,225 Long-term lease obligation $ 42,760 $ 24,366 As the Company has not 842, 840 March 31, 2019: Years ending March 31: Operating Capital 2020 $ 28,689 $ 7,827 2021 24,938 7,827 2022 17,526 7,827 2023 12,062 7,827 2024 5,950 6,102 2025-2031 6,927 5,267 Total minimum payment required $ 96,092 $ 42,677 Less interest 4,973 Present value of minimum lease payments 37,704 Amount due within one year 6,418 Long-term capital lease obligation $ 31,286

Note 8 - Income Taxes

Note 8 - Income Taxes	12 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Income Tax Disclosure [Text Block]	8. The Company files a consolidated federal and various state income tax returns. The provision for income taxes is as follows: 2020 2019 (In thousands) Current: Federal $ (1,912 ) $ (283 ) State 1,187 93 Total (725 ) (190 ) Deferred: Federal $ 14,251 $ 1,220 State 1,278 (310 ) Total 15,529 910 Total income taxes (1) $ 14,804 $ 720 ( 1 $14.4 12.8 $0.4 $13.5 2020 2019, A reconciliation for continuing operations of the expected U.S. statutory rate to the effective rate follows: 2020 2019 Computed (expected tax rate) 21.0 % 21.0 % State income taxes (net of federal tax benefit) 3.6 3.2 State tax credits (0.8 ) 0.7 Federal credits (0.8 ) 1.0 Addition to uncertain tax positions 0.3 1.0 Other permanent differences not deductible 0.2 (0.2 ) Change in valuation allowance 0.7 (0.2 ) Tax law change (2.8 ) - Other 0.6 (0.6 ) Effective income tax rate 22.0 % 25.9 % The effective tax rate was 22.0% 2020 25.9% 2019. 3.9 two 2.8 1.8 2020 2019. On December 20, 2019 116 94 December 31, 2017 December 31, 2020. January 1, 2018 March 31, 2019 2020. $0.13 2020. On March 27, 2020 21% 2015 35%. $1.7 2020. The following is a summary of the significant components of the Company's deferred income tax assets and liabilities as of March 31: 2020 2019 (In thousands) Deferred income tax assets: Future tax credits $ 5,581 $ 5,124 Inventory valuation 163 - Restructuring reserve 220 1,071 Employee benefits 2,219 2,030 Insurance 616 312 Other comprehensive loss 26,562 6,250 Interest 24 12 Future federal tax credits - 654 Prepaid revenue 565 528 Other 186 298 Net operating loss and other tax attribute carryovers 2,233 5,628 Total assets 38,369 21,907 Deferred income tax liabilities: Property basis and depreciation difference 12,664 13,049 Inventory valuation - 534 Intangibles 208 286 Income from equity investment 1,239 - Right of use assets 4,373 - Pension 7,540 1,633 Total liabilities 26,024 15,502 Valuation allowance - non-current 4,473 3,988 Net deferred income tax asset $ 7,872 $ 2,417 Net non-current deferred income tax assets of $7.9 March 31, 2020 $2.4 March 31, 2019 The Company has State tax credit carryforwards amounting to $1.5 $1.9 $2.2 2034 2034 2028 March 31, 2020, $4.5 not not not not Current rules on the accounting for uncertainty on income taxes prescribe a minimum recognition threshold for a tax position taken or expected to be taken in a tax return that is required to be met before being recognized in the financial statements. Those rules also provide guidance on derecognition, measurement, classification, interest and penalties, accounting in interim periods, disclosure and transition. The Company classifies the liability for uncertain tax positions in other accrued expenses or other long-term liabilities depending on their expected settlement. The change in the liability for the years ended March 31, 2020 2019 2020 2019 (In thousands) Beginning balance $ 396 $ 855 Tax positions related to current year: Additions 1,123 26 Tax positions related to prior years: Additions 569 - Reductions (16 ) (2 ) Lapses in statues of limitations (7 ) (483 ) Balance as of March 31, $ 2,065 $ 396 As of March 31, 2020 2019 $1.6 $0.0 not The Company recognizes interest and penalties accrued on unrecognized tax benefits as well as interest received from favorable settlements within income tax expense. During the years ended March 31, 2020 2019, $0.2 $0.1 March 31, 2020 2019, $0.2 $0.0 Although management believes that an adequate position has been made for uncertain tax positions, there is the possibility that the ultimate resolution could have an adverse effect on the earnings of the Company. Conversely, if resolved favorably in the future, the related provisions would be reduced, thus having a positive impact on earnings. During 2020 one no $0.0 The federal income tax returns for years after March 31, 2016 March 31, 2017

Note 9 - Stockholders' Equity

Note 9 - Stockholders' Equity	12 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	9 . Stockholders’ Equity Preferred Stock three 200,000 6% $0.25 “6% 30,000 none 8,200,000 $.025 four 10% 10% 2003. The Convertible Participating Preferred Stock and Convertible Participating Preferred Stock, Series 2003 one one No 2020 2019. may March 31, 2020, 6,764,145 The Convertible Participating Preferred Stock has a liquidation preference of $12 $11.931 35,355 March 31, 2020 2,174 2003 967,742 2003 $16.60 $15.50 500 March 31, 2020. There are 407,240 March 31, 2020 one one 20 400,000 March 31, 2020 one one 30 200,000 6% March 31, 2020 $20,000 $3,000 6% 2020 2019. Common Stock 1/20th one 2020, no Unissued shares of common stock reserved for conversion privileges of designated non-participating preferred stock were 33,695 March 31, 2020 2019. 35,855 38,029 March 31, 2020 2019, Treasury Stock 2020, $8.8 298,812 $3.9 132,305 March 31, 2020, $88.4 3,042,092 not $0.1 2,946 401 2020 8,

Note 10 - Retirement Plans

Note 10 - Retirement Plans	12 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Retirement Benefits [Text Block]	10 . Retirement Plans The Company has a noncontributory defined benefit pension plan (the “Plan”) covering all employees who meet certain age-entry requirements and work a stated minimum number of hours per year. Annual contributions are made to the Plan sufficient to satisfy legal funding requirements. The following tables provide a reconciliation of the changes in the Plan’s benefit obligation and fair value of plan assets over the two March 31, 2020 March 31, 2020 2019: 2020 2019 (In thousands) Change in Benefit Obligation Benefit obligation at beginning of year $ 250,461 $ 236,134 Service cost 9,244 8,954 Interest cost 9,064 9,131 Liability gain due to curtailment (1,114 ) - Actuarial loss 20,146 4,113 Benefit payments and expenses (9,574 ) (7,871 ) Benefit obligation at end of year $ 278,227 $ 250,461 Change in Plan Assets Fair value of plan assets at beginning of year $ 233,112 $ 212,844 Actual (loss) gain on plan assets (46,325 ) 26,731 Employer contributions 26,000 2,100 Benefit payments and expenses (10,302 ) (8,563 ) Fair value of plan assets at end of year $ 202,485 $ 233,112 Unfunded Status $ (75,742 ) $ (17,349 ) The unfunded status increased by $58.4 2020 March 31, 2020. $60.9 $20.3 4.14% 2019 3.69% 2020. 2020, 2012 2006 2019 2019 2020. The Plan was amended to freeze accruals to new hires and rehires effective January 1, 2020. 715. $0.1 Plan assets decreased from $233.1 March 31, 2019 $202.5 March 31, 2020 $46.3 19 $26.0 2020 2019 (In thousands) Amounts Recognized in Accumulated Other Comprehensive Pre-Tax Loss Prior service cost $ (349 ) $ (587 ) Net loss (105,866 ) (24,305 ) Accumulated other comprehensive pre-tax loss $ (106,215 ) $ (24,892 ) Pension and post retirement plan adjustments, net of tax (In thousands) Accumulated Other Comprehensive Loss Balance at March 31, 2019 $ (18,285 ) Other comprehensive loss (60,935 ) Balance at March 31, 2020 $ (79,220 ) The following table provides the components of net periodic benefit cost for the Plan for fiscal years 2020 2019: 2020 2019 (In thousands) Service cost including administration $ 9,935 $ 9,646 Interest cost 9,064 9,131 Expected return on plan assets (16,746 ) (15,104 ) Amortization of net loss 579 1,597 Prior service cost 120 119 Net periodic benefit cost $ 2,952 $ 5,389 Settlement/curtailment expense 118 - Net periodic benefit cost with curtailment $ 3,070 $ 5,389 The Plan’s accumulated benefit obligation was $256.4 March 31, 2020 $231.2 March 31, 2019. Prior service costs are amortized on a straight-line basis over the average remaining service period of active participants. Gains and losses in excess of 10% The assumptions used to measure the Company’s benefit obligation and pension expense are shown in the following table: 2020 2019 Weighted Average Assumptions for Balance Sheet Liability at End of Year: Discount rate - projected benefit obligation 3.69 % 4.14 % Expected return on plan assets 7.25 % 7.25 % Rate of compensation increase 3.00 % 3.00 % Weighted Average Assumptions for Benefit Cost at Beginning of Year: Discount rate - benefit obligations 4.14 % 4.15 % Discount rate - interest cost 3.74 % 3.87 % Discount rate - service cost 4.34 % 4.25 % Discount rate - interest on service cost 3.69 % 4.14 % Expected return on plan assets 7.25 % 7.25 % Rate of compensation increase 3.00 % 3.00 % The Company's plan assets consist of the following: Target Percentage of Plan Allocation Assets at March 31, 2021 2020 2019 Plan Assets Equity securities 99 % 97 % 99 % Debt securities - - - Real estate - - - Cash 1 % 3 % 1 % Total 100 % 100 % 100 % 2020 2019 Market Value Market Value (In thousands) Assets by Industry Type Asset Category Cash and cash equivalents: Money market funds $ 7,058 $ 1,387 Total cash and cash equivalents 7,058 1,387 Common equity securities: Materials 8,772 5,331 Industrials 15,440 16,080 Telecommunication services 25,093 24,370 Consumer staples 42,522 43,486 Energy 28,538 38,230 Financials 22,275 34,521 Health care - 4,247 Information technology 20,657 28,750 Utilities 32,130 36,710 Total common equity securities 195,427 231,725 Total assets $ 202,485 $ 233,112 Expected Return on Plan Assets The expected long-term rate of return on Plan assets is 7.25%. 7.25% 40 50 Investment Policy and Strategy The Company maintains an investment policy designed to achieve a long-term rate of return, including investment income through dividends and equity appreciation, sufficient to meet the actuarial requirements of the Plan. The Company seeks to accomplish its return objectives by prudently investing in a diversified portfolio of public company equities with broad industry representation seeking to provide long-term growth consistent with the performance of relevant market indices, as well as maintain an adequate level of liquidity for pension distributions as they fall due. The strategy of being fully invested in equities has historically provided greater rates of return over extended periods of time. The Company’s loss on plan assets during 2020 19.9% 500 8.8%. $16.6 March 31, 2020 $12.8 March 31, 2019. Cash Flows Expected contributions for fiscal year ending March 31, 2021 Expected Employer Contributions $ - Expected Employee Contributions - Estimated future benefit payments reflecting expected future service for the fiscal years ending March 31 ( 2021 $ 10,102 2022 10,785 2023 11,490 2024 12,259 2025 13,022 2026-2030 75,047 401 The Company also has employees’ savings 401 may $0.4 $1.4 2020 2019, 2020 2019,

Note 11 - Fair Value of Financi

Note 11 - Fair Value of Financial Instruments	12 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Fair Value Disclosures [Text Block]	11. The carrying amount and estimated fair values of the Company's debt are summarized as follows: 2020 2019 Carrying Estimated Carrying Estimated Amount Fair Value Amount Fair Value (In thousands) Long-term debt, including current portion $ 217,581 $ 217,559 $ 266,245 $ 266,140 The estimated fair value for long-term debt is determined by the quoted market prices for similar debt (comparable to the Company’s financial strength) or current rates offered to the Company for debt with the same maturities which is Level 2 not 1 2.

Note 12 - Inventories

Note 12 - Inventories	12 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Inventory Disclosure [Text Block]	1 2 . Inventories Effective December 30, 2007 4th 2008 $12.8 2020 $30.4 2019, $1.38 $1.37 2020; $3.14 $3.14 2019. $6.6 2020 $28.7 2019. 2019 3 2020 2019 (In thousands) Finished products $ 351,251 $ 454,920 In process 31,173 42,045 Raw materials and supplies 173,474 166,060 555,898 663,025 Less excess of FIFO cost over LIFO cost 144,267 161,341 Total inventories $ 411,631 $ 501,684

Note 13 - Other Operating Incom

Note 13 - Other Operating Income and Expense	12 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	1 3 . Other Operating Income and Expense Other operating income in 2020 $3.3 $8.2 $1.2 Other operating income in 2019 $4.1 $2.0 $0.8 $0.6 0.3

Note 14 - Segment Information

Note 14 - Segment Information	12 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	1 4 . Segment Information The Company manages its business on the basis of three 6.5% 7.5%, 2020 2019, 2020 2019, 9% 6% Fruit and Prepared Vegetable Foods Snack Other Total (In thousands) 2020: Net sales $ 1,202,528 $ 105,044 $ 11,475 $ 16,722 $ 1,335,769 Operating income (loss) 65,921 3,774 837 (8 ) 70,524 Identifiable assets 853,438 51,803 2,054 773 908,068 Capital expenditures 63,543 2,122 19 756 66,440 Depreciation and amortization 26,486 3,564 207 676 30,933 2019: Net sales $ 1,091,997 $ 79,593 $ 9,684 $ 18,307 $ 1,199,581 Operating loss (34,145 ) (2,736 ) (8 ) (1,190 ) (38,079 ) Identifiable assets 788,860 55,378 2,056 1,347 847,641 Capital expenditures 33,794 1,427 54 2,354 37,629 Depreciation and amortization 24,785 3,980 249 919 29,933 Classes of similar products/services: 2020 2019 (In thousands) Net Sales: Green Giant * $ 122,764 $ 71,161 Canned vegetables 877,391 815,780 Frozen 104,980 113,115 Fruit 97,393 91,941 Prepared foods 105,044 79,593 Snack 11,475 9,684 Other 16,722 18,307 Total $ 1,335,769 $ 1,199,581 * Green Giant includes canned and frozen vegetables exclusively for B&G Foods.

Note 15 - Legal Proceedings and

Note 15 - Legal Proceedings and Other Contingencies	12 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	1 5 . Legal Proceedings and Other Contingencies In the ordinary course of its business, the Company is made a party to certain legal proceedings seeking monetary damages, including proceedings involving product liability claims, workers’ compensation along with other employee claims, tort and other general liability claims, for which it carries insurance, as well as patent infringement and related litigation. The Company is in a highly regulated industry and is also periodically involved in government actions for regulatory violations and other matters surrounding the manufacturing of its products, including, but not not not

Note 16 - Plant Restructuring

Note 16 - Plant Restructuring	12 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Restructuring and Related Activities Disclosure [Text Block]	1 6 . Plant Restructuring During 2020, $7.0 5.3 $2.4 $1.2 $1.9 During 2019, $11.7 $2.3 $1.8 $0.5 $1.3 $0.8 $0.5 $0.3 $0.2 $0.1 $7.8 These charges are included under Plant Restructuring in the Consolidated Statements of Net Earnings. Severance Payable and Other Costs Payable are included in Other Accrued Expenses on the Consolidated Balance Sheets. The following table summarizes the severance and other cost recorded and the accruals established during 2019 2020: Other Severance Cost Payable Payable Total Balance March 31, 2018 $ - $ - $ - Charge to expense 1,508 10,149 11,657 Cash payments/write offs (1,283 ) (10,148 ) (11,431 ) Balance March 31, 2019 225 1 226 Charge to expense 1,229 5,817 7,046 Cash payments/write offs (1,252 ) (5,818 ) (7,070 ) Balance March 31, 2020 $ 202 $ - $ 202

Note 17 - Related Party Transac

Note 17 - Related Party Transactions	12 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	1 7 . Related Party Transactions A small percentage (less than 1% 2020 2019 $2.3 $2.4 2020 2019, no During the years ended March 31, 2020 2019, $0.3 $0.3

Note 18 - Subsequent Event

Note 18 - Subsequent Event	12 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Subsequent Events [Text Block]	1 8 . Subsequent Event Subsequent to 2020 $100.0 June 2025. 3.3012%.

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]	VALUATION AND QUALIFYING ACCOUNTS (In thousands) Balance at Charged/ Charged to Deductions Balance beginning (credited) other from at end of period to income accounts reserve of period Year-ended March 31, 2020: Allowance for doubtful accounts $ 57 $ 1,627 $ - $ 86 (a) $ 1,598 Income tax valuation allowance $ 3,988 $ 485 $ - $ - $ 4,473 Year-ended March 31, 2019: Allowance for doubtful accounts $ 56 $ 1 $ - $ - (a) $ 57 Income tax valuation allowance $ 3,865 $ 6 $ 117 $ - $ 3,988 (a) Accounts written off, net of recoveries.

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Principles of Consolidation
Revenue from Contract with Customer [Policy Text Block]	Revenue Recognition 4, Trade promotions are an important component of the sales and marketing of the Company’s branded products, and are critical to the support of the business. Trade promotion costs, which are recorded as a reduction of sales, include amounts paid to retailers for shelf space, to obtain favorable display positions and to offer temporary price reductions for the sale of our products to consumers. Accruals for trade promotions are recorded primarily at the time of sale to the retailer based on expected levels of performance. Settlement of these liabilities typically occurs in subsequent periods primarily through an authorized process for deductions taken by a retailer from amounts otherwise due to the Company. As a result, the ultimate cost of a trade promotion program is dependent on the relative success of the events and the actions and level of deductions taken by retailers. Final determination of the permissible deductions may
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentration of Credit Risk not 9%, 6% 2020 2019, ten 49%, 47% 2020 2019, not
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash Equivalents three
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Value of Financial Instruments 1 2 11, The three 1 3 three ● Level 1 ● Level 2 not ● Level 3 one
Deferred Charges, Policy [Policy Text Block]	Deferred Financing Costs not March 31, 2020 $0.3 $0.1
Inventory, Policy [Policy Text Block]	Inventories first
Income Tax, Policy [Policy Text Block]	Inc ome Taxes The Company evaluates the likelihood of realization of its net deferred income tax assets by assessing its valuation allowance and by adjusting the amount of such allowance, if necessary. The factors used to assess the likelihood of realization are the Company’s forecast of future taxable income, the projected reversal of temporary differences and available tax planning strategies that could be implemented to realize the net deferred income tax assets. Current rules on the accounting for uncertainty on income taxes prescribe a minimum recognition threshold for a tax position taken or expected to be taken in a tax return that is required to be met before being recognized in the financial statements. Those rules also provide guidance on derecognition, measurement, classification, interest and penalties, accounting in interim periods, disclosure and transition. The Company recognizes interest and penalties accrued on unrecognized tax benefits as well as interest received from favorable settlements within income tax expense.
Assets Held for Sale, Policy [Policy Text Block]	Assets Held for Sale — no
Discontinued Operations, Policy [Policy Text Block]	Discontinued Operations 2019, Unless otherwise indicated, information in the notes to the consolidated financial statements relates to continuing operations.
Advertising Cost [Policy Text Block]	Advertising Costs $2.2 $2.1 2020 2019,
Earnings Per Share, Policy [Policy Text Block]	Earnings per Common Share three Diluted earnings per share is calculated by dividing earnings attributable to common stockholders by the sum of the weighted average common shares outstanding plus the dilutive effect of convertible preferred stock using the “if-converted” method, which treats the contingently-issuable shares of convertible preferred stock as common stock. Years ended March 31, 2020 2019 Continuing Operations (In thousands, except per share amounts) Basic Continuing operations earnings (loss) $ 51,188 $ (36,483 ) Deduct preferred stock dividends 23 23 Undistributed earnings (loss) 51,165 (36,506 ) Earnings (loss) attributable to participating preferred shareholders 206 (143 ) Earnings (loss) attributable to common shareholders $ 50,959 $ (36,363 ) Weighted average common shares outstanding 9,264 9,652 Basic earnings (loss) from continuing operations per common share $ 5.50 $ (3.77 ) Diluted Earnings (loss) attributable to common shareholders $ 50,959 $ (36,363 ) Add dividends on convertible preferred stock 20 - Earnings (loss) attributable to common stock on a diluted basis $ 50,979 $ (36,363 ) Weighted average common shares outstanding-basic 9,264 9,652 Additional shares to be issued related to the equity compensation plan 2 - Additional shares to be issued under full conversion of preferred stock 67 - Total shares for diluted 9,333 9,652 Diluted earnings (loss) from continuing operations per share $ 5.46 $ (3.77 ) Years ended March 31, 2020 2019 Discontinued Operations (In thousands, except per share amounts) Basic Discontinued operations earnings $ 1,147 $ 42,230 Deduct preferred stock dividends 23 23 Undistributed earnings 1,124 42,207 Earnings attributable to participating preferred shareholders 5 166 Earnings attributable to common shareholders $ 1,119 $ 42,041 Weighted average common shares outstanding 9,264 9,652 Basic earnings from discontinued operations per common share $ 0.12 $ 4.36 Diluted Earnings attributable to common shareholders $ 1,119 $ 42,041 Add dividends on convertible preferred stock 20 20 Earnings attributable to common stock on a diluted basis $ 1,139 $ 42,061 Weighted average common shares outstanding-basic 9,264 9,652 Additional shares to be issued related to the equity compensation plan 2 3 Additional shares to be issued under full conversion of preferred stock 67 67 Total shares for diluted 9,333 9,722 Diluted earnings from discontinued operations per share $ 0.12 $ 4.33 Note: For fiscal 2019
Depreciation, Depletion, and Amortization [Policy Text Block]	Depreciation and Valuation $26.1 $29.5 2020, 2019, 30 10 15 3 5 3 7 10 20 The Company assesses its long-lived assets for impairment whenever there is an indicator of impairment. Impairment losses are evaluated if the estimated undiscounted cash flows from using the assets are less than carrying value. A loss is recognized when the carrying value of an asset exceeds its fair value. There were no 2020. $7.8 2019
Use of Estimates, Policy [Policy Text Block]	Use of Estimates in the Preparation of Financial Statements
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Issued Accounting Standards February 2016, 2016 02, 2016 02 12 July 2018, No. 2018 11, 842 December 15, 2018. 2016 02 April 1, 2019, 2018 11. $88,333,000 $91,025,000 $2,019,000 $2,692,000 $673,000 April 1, 2019. not $2,019,000, March 2019 7 In August 2018, No. 2018 14, Compensation—Retirement Benefits—Defined Benefit Plans—General (Topic 715 20 2018 14 December 15, 2020, 2018 14 In December 2019, No. 2019 12 first 2022. In June 2016, No. 2016 13, 326 November 2018 No. 2018 19, 326, No. 2016 13 November 2019, No. 2019 10, December 15, 2022, first No. 2016 03, No. 2018 19 April 1, 2023
Reclassification, Comparability Adjustment [Policy Text Block]	Reclassifications

Note 1 - Summary of Significa_2

Note 1 - Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Mar. 31, 2020
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Years ended March 31, 2020 2019 Continuing Operations (In thousands, except per share amounts) Basic Continuing operations earnings (loss) $ 51,188 $ (36,483 ) Deduct preferred stock dividends 23 23 Undistributed earnings (loss) 51,165 (36,506 ) Earnings (loss) attributable to participating preferred shareholders 206 (143 ) Earnings (loss) attributable to common shareholders $ 50,959 $ (36,363 ) Weighted average common shares outstanding 9,264 9,652 Basic earnings (loss) from continuing operations per common share $ 5.50 $ (3.77 ) Diluted Earnings (loss) attributable to common shareholders $ 50,959 $ (36,363 ) Add dividends on convertible preferred stock 20 - Earnings (loss) attributable to common stock on a diluted basis $ 50,979 $ (36,363 ) Weighted average common shares outstanding-basic 9,264 9,652 Additional shares to be issued related to the equity compensation plan 2 - Additional shares to be issued under full conversion of preferred stock 67 - Total shares for diluted 9,333 9,652 Diluted earnings (loss) from continuing operations per share $ 5.46 $ (3.77 ) Years ended March 31, 2020 2019 Discontinued Operations (In thousands, except per share amounts) Basic Discontinued operations earnings $ 1,147 $ 42,230 Deduct preferred stock dividends 23 23 Undistributed earnings 1,124 42,207 Earnings attributable to participating preferred shareholders 5 166 Earnings attributable to common shareholders $ 1,119 $ 42,041 Weighted average common shares outstanding 9,264 9,652 Basic earnings from discontinued operations per common share $ 0.12 $ 4.36 Diluted Earnings attributable to common shareholders $ 1,119 $ 42,041 Add dividends on convertible preferred stock 20 20 Earnings attributable to common stock on a diluted basis $ 1,139 $ 42,061 Weighted average common shares outstanding-basic 9,264 9,652 Additional shares to be issued related to the equity compensation plan 2 3 Additional shares to be issued under full conversion of preferred stock 67 67 Total shares for diluted 9,333 9,722 Diluted earnings from discontinued operations per share $ 0.12 $ 4.33

Note 2 - Assets Held For Sale (

Note 2 - Assets Held For Sale (Tables)	12 Months Ended
	Mar. 31, 2020
Disposal Group, Held-for-sale, Not Discontinued Operations [Member]
Notes Tables
Disposal Groups, Including Discontinued Operations [Table Text Block]	Property, Plant and Equipment (net) $ 1,568 Current Assets Held For Sale $ 1,568 Capital Lease Obligations Current Portion $ 61 Current Liabilities Held For Sale $ 61 Capital Lease Obligations $ 305 Noncurrent Liabilities Held For Sale $ 305

Note 3 - Discontinued Operati_2

Note 3 - Discontinued Operations (Tables)	12 Months Ended
	Mar. 31, 2020
Discontinued Operations [Member]
Notes Tables
Disposal Groups, Including Discontinued Operations [Table Text Block]	March 31, 2020 March 31, 2019 Other Current Assets $ 182 $ 98 Current Assets Held For Sale-Discontinued Operations $ 182 $ 98 Other Assets $ 1,026 $ 1,143 Noncurrent Assets Held For Sale-Discontinued Operations $ 1,026 $ 1,143 Accounts Payable and Accrued Expenses $ 880 $ 4,285 Current Liabilities Held For Sale-Discontinued Operations $ 880 $ 4,285 Twelve Months Ended March 31, 2020 March 31, 2019 Net Sales $ - $ 111,693 Costs and Expenses: Cost of Product Sold 57 129,872 Selling, General and Administrative - 1,135 Plant Restructuring Charge (a) (1,150 ) 4,515 Interest Expense (b) - 1,077 Total cost and expenses (1,093 ) 136,599 Earnings (Loss) From Discontinued Operations Before Income Taxes 1,093 (24,906 ) Gain on the Sale of Assets Before Income Taxes (c) (d) (e) (430 ) (80,632 ) Income Tax Expense 376 13,496 Net Earnings From Discontinued Operations, Net of Tax $ 1,147 $ 42,230 Supplemental Information on Discontinued Operations: Capital Expenditures $ - $ 3,937 Depreciation - 1,302

Note 4 - Revenue Recognition (T

Note 4 - Revenue Recognition (Tables)	12 Months Ended
	Mar. 31, 2020
Notes Tables
Disaggregation of Revenue [Table Text Block]	Year Ended March 31, 2020 March 31, 2019 Canned Vegetables $ 877.4 $ 815.8 B&G* 122.8 71.2 Frozen 105.0 113.1 Fruit Products 97.4 91.9 Chip Products 11.5 9.7 Prepared Foods 105.0 79.6 Other 16.7 18.3 $ 1,335.8 $ 1,199.6

Note 6 - Long-term Debt (Tables

Note 6 - Long-term Debt (Tables)	12 Months Ended
	Mar. 31, 2020
Notes Tables
Schedule of Long-term Debt Instruments [Table Text Block]	2020 2019 (In thousands) Revolving credit facility, 2.59% and 4.00%, due through 2022 $ 106,924 $ 155,278 Farm Credit term loan, 4.54% and 4.77%, due 2022 99,941 99,906 Bluegrass tax exempt bonds, 3.01% and 3.19%, due 2033 10,000 10,000 Secured promissory note, 6.35%, due through 2020 - 262 Economic development note, 2.00%, due through 2021 500 583 Other 216 216 Total 217,581 266,245 Less current portion 500 345 Long-term debt $ 217,081 $ 265,900
Schedule of Maturities of Long-term Debt [Table Text Block]	Years ending March 31: 2021 $ 500 2022 206,865 2023 - 2024 - 2025 - Thereafter 10,216 Total $ 217,581

Note 7 - Leases (Tables)

Note 7 - Leases (Tables)	12 Months Ended
	Mar. 31, 2020
Notes Tables
Lease, Cost [Table Text Block]	Year Ended March 31, 2020 Lease cost: Amortization of right of use asset $ 4,335 Interest on lease liabilities 1,353 Finance lease cost 5,688 Operating lease cost 30,190 Total lease cost $ 35,878 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from finance leases $ 1,353 Operating cash flows from operating leases 29,845 Financing cash flows from finance leases 6,437 Total $ 37,635 Right-of-use assets obtained in exchange for new finance lease liabilities $ 4,424 Right-of-use assets obtained in exchange for new operating lease liabilities $ 6,419 Weighted-average lease term (years): Financing leases 5.3 Operating leases 3.8 Weighted-average discount rate (percentage): Financing leases 4.1 Operating leases 4.5
Lessee, Lease Liability, Maturity [Table Text Block]	Years ending March 31: Operating Financing 2021 $ 23,896 $ 7,313 2022 18,820 7,313 2023 13,022 7,313 2024 6,510 5,786 2025 3,023 2,395 2026-2031 4,597 3,995 Total minimum payment required $ 69,868 $ 34,115 Less interest 5,559 3,524 Present value of minimum lease payments 64,309 30,591 Amount due within one year 21,549 6,225 Long-term lease obligation $ 42,760 $ 24,366
Schedule of Future Minimum Lease Payments for Operating and Capital Leases [Table Text Block]	Years ending March 31: Operating Capital 2020 $ 28,689 $ 7,827 2021 24,938 7,827 2022 17,526 7,827 2023 12,062 7,827 2024 5,950 6,102 2025-2031 6,927 5,267 Total minimum payment required $ 96,092 $ 42,677 Less interest 4,973 Present value of minimum lease payments 37,704 Amount due within one year 6,418 Long-term capital lease obligation $ 31,286

Note 8 - Income Taxes (Tables)

Note 8 - Income Taxes (Tables)	12 Months Ended
	Mar. 31, 2020
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	2020 2019 (In thousands) Current: Federal $ (1,912 ) $ (283 ) State 1,187 93 Total (725 ) (190 ) Deferred: Federal $ 14,251 $ 1,220 State 1,278 (310 ) Total 15,529 910 Total income taxes (1) $ 14,804 $ 720
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	2020 2019 Computed (expected tax rate) 21.0 % 21.0 % State income taxes (net of federal tax benefit) 3.6 3.2 State tax credits (0.8 ) 0.7 Federal credits (0.8 ) 1.0 Addition to uncertain tax positions 0.3 1.0 Other permanent differences not deductible 0.2 (0.2 ) Change in valuation allowance 0.7 (0.2 ) Tax law change (2.8 ) - Other 0.6 (0.6 ) Effective income tax rate 22.0 % 25.9 %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	2020 2019 (In thousands) Deferred income tax assets: Future tax credits $ 5,581 $ 5,124 Inventory valuation 163 - Restructuring reserve 220 1,071 Employee benefits 2,219 2,030 Insurance 616 312 Other comprehensive loss 26,562 6,250 Interest 24 12 Future federal tax credits - 654 Prepaid revenue 565 528 Other 186 298 Net operating loss and other tax attribute carryovers 2,233 5,628 Total assets 38,369 21,907 Deferred income tax liabilities: Property basis and depreciation difference 12,664 13,049 Inventory valuation - 534 Intangibles 208 286 Income from equity investment 1,239 - Right of use assets 4,373 - Pension 7,540 1,633 Total liabilities 26,024 15,502 Valuation allowance - non-current 4,473 3,988 Net deferred income tax asset $ 7,872 $ 2,417
Summary of Income Tax Contingencies [Table Text Block]	2020 2019 (In thousands) Beginning balance $ 396 $ 855 Tax positions related to current year: Additions 1,123 26 Tax positions related to prior years: Additions 569 - Reductions (16 ) (2 ) Lapses in statues of limitations (7 ) (483 ) Balance as of March 31, $ 2,065 $ 396

Note 10 - Retirement Plans (Tab

Note 10 - Retirement Plans (Tables)	12 Months Ended
	Mar. 31, 2020
Notes Tables
Schedule of Changes in Projected Benefit Obligations [Table Text Block]	2020 2019 (In thousands) Change in Benefit Obligation Benefit obligation at beginning of year $ 250,461 $ 236,134 Service cost 9,244 8,954 Interest cost 9,064 9,131 Liability gain due to curtailment (1,114 ) - Actuarial loss 20,146 4,113 Benefit payments and expenses (9,574 ) (7,871 ) Benefit obligation at end of year $ 278,227 $ 250,461 Change in Plan Assets Fair value of plan assets at beginning of year $ 233,112 $ 212,844 Actual (loss) gain on plan assets (46,325 ) 26,731 Employer contributions 26,000 2,100 Benefit payments and expenses (10,302 ) (8,563 ) Fair value of plan assets at end of year $ 202,485 $ 233,112 Unfunded Status $ (75,742 ) $ (17,349 )
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block]	2020 2019 (In thousands) Amounts Recognized in Accumulated Other Comprehensive Pre-Tax Loss Prior service cost $ (349 ) $ (587 ) Net loss (105,866 ) (24,305 ) Accumulated other comprehensive pre-tax loss $ (106,215 ) $ (24,892 )
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]	Pension and post retirement plan adjustments, net of tax (In thousands) Accumulated Other Comprehensive Loss Balance at March 31, 2019 $ (18,285 ) Other comprehensive loss (60,935 ) Balance at March 31, 2020 $ (79,220 )
Schedule of Defined Benefit Plans Disclosures [Table Text Block]	2020 2019 (In thousands) Service cost including administration $ 9,935 $ 9,646 Interest cost 9,064 9,131 Expected return on plan assets (16,746 ) (15,104 ) Amortization of net loss 579 1,597 Prior service cost 120 119 Net periodic benefit cost $ 2,952 $ 5,389 Settlement/curtailment expense 118 - Net periodic benefit cost with curtailment $ 3,070 $ 5,389
Defined Benefit Plan, Assumptions [Table Text Block]	2020 2019 Weighted Average Assumptions for Balance Sheet Liability at End of Year: Discount rate - projected benefit obligation 3.69 % 4.14 % Expected return on plan assets 7.25 % 7.25 % Rate of compensation increase 3.00 % 3.00 % Weighted Average Assumptions for Benefit Cost at Beginning of Year: Discount rate - benefit obligations 4.14 % 4.15 % Discount rate - interest cost 3.74 % 3.87 % Discount rate - service cost 4.34 % 4.25 % Discount rate - interest on service cost 3.69 % 4.14 % Expected return on plan assets 7.25 % 7.25 % Rate of compensation increase 3.00 % 3.00 %
Schedule of Allocation of Plan Assets [Table Text Block]	Target Percentage of Plan Allocation Assets at March 31, 2021 2020 2019 Plan Assets Equity securities 99 % 97 % 99 % Debt securities - - - Real estate - - - Cash 1 % 3 % 1 % Total 100 % 100 % 100 % 2020 2019 Market Value Market Value (In thousands) Assets by Industry Type Asset Category Cash and cash equivalents: Money market funds $ 7,058 $ 1,387 Total cash and cash equivalents 7,058 1,387 Common equity securities: Materials 8,772 5,331 Industrials 15,440 16,080 Telecommunication services 25,093 24,370 Consumer staples 42,522 43,486 Energy 28,538 38,230 Financials 22,275 34,521 Health care - 4,247 Information technology 20,657 28,750 Utilities 32,130 36,710 Total common equity securities 195,427 231,725 Total assets $ 202,485 $ 233,112
Schedule of Expected Contributions [Table Text Block]	Expected Employer Contributions $ - Expected Employee Contributions -
Schedule of Expected Benefit Payments [Table Text Block]	2021 $ 10,102 2022 10,785 2023 11,490 2024 12,259 2025 13,022 2026-2030 75,047

Note 11 - Fair Value of Finan_2

Note 11 - Fair Value of Financial Instruments (Tables)	12 Months Ended
	Mar. 31, 2020
Notes Tables
Fair Value, by Balance Sheet Grouping [Table Text Block]	2020 2019 Carrying Estimated Carrying Estimated Amount Fair Value Amount Fair Value (In thousands) Long-term debt, including current portion $ 217,581 $ 217,559 $ 266,245 $ 266,140

Note 12 - Inventories (Tables)

Note 12 - Inventories (Tables)	12 Months Ended
	Mar. 31, 2020
Notes Tables
Schedule of Inventory, Current [Table Text Block]	2020 2019 (In thousands) Finished products $ 351,251 $ 454,920 In process 31,173 42,045 Raw materials and supplies 173,474 166,060 555,898 663,025 Less excess of FIFO cost over LIFO cost 144,267 161,341 Total inventories $ 411,631 $ 501,684

Note 14 - Segment Information (

Note 14 - Segment Information (Tables)	12 Months Ended
	Mar. 31, 2020
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Fruit and Prepared Vegetable Foods Snack Other Total (In thousands) 2020: Net sales $ 1,202,528 $ 105,044 $ 11,475 $ 16,722 $ 1,335,769 Operating income (loss) 65,921 3,774 837 (8 ) 70,524 Identifiable assets 853,438 51,803 2,054 773 908,068 Capital expenditures 63,543 2,122 19 756 66,440 Depreciation and amortization 26,486 3,564 207 676 30,933 2019: Net sales $ 1,091,997 $ 79,593 $ 9,684 $ 18,307 $ 1,199,581 Operating loss (34,145 ) (2,736 ) (8 ) (1,190 ) (38,079 ) Identifiable assets 788,860 55,378 2,056 1,347 847,641 Capital expenditures 33,794 1,427 54 2,354 37,629 Depreciation and amortization 24,785 3,980 249 919 29,933
Revenue from External Customers by Products and Services [Table Text Block]	Classes of similar products/services: 2020 2019 (In thousands) Net Sales: Green Giant * $ 122,764 $ 71,161 Canned vegetables 877,391 815,780 Frozen 104,980 113,115 Fruit 97,393 91,941 Prepared foods 105,044 79,593 Snack 11,475 9,684 Other 16,722 18,307 Total $ 1,335,769 $ 1,199,581

Note 16 - Plant Restructuring (

Note 16 - Plant Restructuring (Tables)	12 Months Ended
	Mar. 31, 2020
Notes Tables
Restructuring and Related Costs [Table Text Block]	Other Severance Cost Payable Payable Total Balance March 31, 2018 $ - $ - $ - Charge to expense 1,508 10,149 11,657 Cash payments/write offs (1,283 ) (10,148 ) (11,431 ) Balance March 31, 2019 225 1 226 Charge to expense 1,229 5,817 7,046 Cash payments/write offs (1,252 ) (5,818 ) (7,070 ) Balance March 31, 2020 $ 202 $ - $ 202

Schedule II - Valuation and Q_2

Schedule II - Valuation and Qualifying Accounts (Tables)	12 Months Ended
	Mar. 31, 2020
Notes Tables
Schedule of Valuation and Qualifying Accounts [Table Text Block]	Balance at Charged/ Charged to Deductions Balance beginning (credited) other from at end of period to income accounts reserve of period Year-ended March 31, 2020: Allowance for doubtful accounts $ 57 $ 1,627 $ - $ 86 (a) $ 1,598 Income tax valuation allowance $ 3,988 $ 485 $ - $ - $ 4,473 Year-ended March 31, 2019: Allowance for doubtful accounts $ 56 $ 1 $ - $ - (a) $ 57 Income tax valuation allowance $ 3,865 $ 6 $ 117 $ - $ 3,988

Note 1 - Summary of Significa_3

Note 1 - Summary of Significant Accounting Policies (Details Textual)	12 Months Ended
	Mar. 31, 2020USD ($)	Mar. 31, 2019USD ($)	Apr. 01, 2019USD ($)	Mar. 31, 2018USD ($)
Number of States in which Entity Operates	9
Debt Issuance Cost, Gross, Noncurrent	$ 300,000	$ 100,000
Advertising Expense	2,200,000	2,100,000
Depreciation, Total	26,100,000	29,500,000
Gain (Loss) on Sale of Assets and Asset Impairment Charges	7,800,000
Operating Lease, Right-of-Use Asset	60,663,000
Operating Lease, Liability, Total	64,309,000
Stockholders' Equity Attributable to Parent, Ending Balance	394,364,000	417,485,000
Retained Earnings [Member]
Stockholders' Equity Attributable to Parent, Ending Balance	$ 459,797,000	409,504,000		$ 403,780,000
Accounting Standards Update 2016-02 [Member]
Operating Lease, Right-of-Use Asset			$ 88,333,000
Operating Lease, Liability, Total			91,025,000
Stockholders' Equity, Before Tax Effect			(2,692,000)
Stockholders' Equity, Tax Effect			(673,000)
Accounting Standards Update 2016-02 [Member] | Retained Earnings [Member]
Stockholders' Equity Attributable to Parent, Ending Balance			(2,019,000)
Accounting Standards Update 2016-02 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Retained Earnings [Member]
Stockholders' Equity Attributable to Parent, Ending Balance		$ (2,019,000)	$ (2,019,000)
Building and Building Improvements [Member]
Property, Plant and Equipment, Useful Life (Year)	30 years
Machinery and Equipment [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)	10 years
Machinery and Equipment [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)	15 years
Software and Software Development Costs [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)	3 years
Software and Software Development Costs [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)	5 years
Vehicles [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)	3 years
Vehicles [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)	7 years
Land Improvements [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)	10 years
Land Improvements [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)	20 years
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | GMOL and B&G Foods [Member]
Concentration Risk, Percentage	9.00%	6.00%
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | Top Ten Customers [Member]
Concentration Risk, Percentage	49.00%	47.00%
Seneca Food Plants [Member]
Number of Real Estate Properties	27
Seneca Foods Warehouses [Member]
Number of Real Estate Properties	30

Note 1 - Summary of Significa_4

Note 1 - Summary of Significant Accounting Policies - Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Basic
Continuing operations earnings (loss)	$ 51,188	$ (36,483)
Deduct preferred stock dividends	23	23
Undistributed earnings (loss)	51,165	(36,506)
Earnings (loss) attributable to participating preferred shareholders	206	(143)
Earnings (loss) attributable to common shareholders	$ 50,959	$ (36,363)
Weighted average common shares outstanding (in shares)	9,264	9,652
Basic earnings (loss) from continuing operations per common share (in dollars per share)	$ 5.50	$ (3.77)
Diluted
Earnings (loss) attributable to common shareholders	$ 50,959	$ (36,363)
Add dividends on convertible preferred stock	20
Earnings (loss) attributable to common stock on a diluted basis	$ 50,979	$ (36,363)
Weighted average common shares outstanding (in shares)	9,264	9,652
Additional shares to be issued related to the equity compensation plan (in shares)	2
Additional shares to be issued under full conversion of preferred stock (in shares)	67
Total shares for diluted (in shares)	9,333	9,652
Diluted earnings (loss) from continuing operations per share (in dollars per share)	$ 5.46	$ (3.77)
Discounted Operations, Basic
Discontinued operations earnings	$ 1,147	$ 42,230
Deduct preferred stock dividends	23	23
Undistributed earnings	1,124	42,207
Earnings attributable to participating preferred shareholders	5	166
Earnings attributable to common shareholders	$ 1,119	$ 42,041
Weighted average common shares outstanding (in shares)	9,264	9,652
Basic earnings from discontinued operations per common share (in dollars per share)	$ 0.12	$ 4.36
Discounted Operations, Diluted
Earnings attributable to common shareholders	$ 1,119	$ 42,041
Add dividends on convertible preferred stock	20	20
Earnings attributable to common stock on a diluted basis	$ 1,139	$ 42,061
Weighted average common shares outstanding (in shares)	9,264	9,652
Additional shares to be issued related to the equity compensation plan (in shares)	2	3
Additional shares to be issued under full conversion of preferred stock (in shares)	67	67
Total shares for diluted (in shares)	9,333	9,722
Diluted earnings from discontinued operations per share (in dollars per share)	$ 0.12	$ 4.33

Note 2 - Assets Held For Sale -

Note 2 - Assets Held For Sale - Assets and Liabilities Held For Sale (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Mar. 31, 2019
Noncurrent Liabilities Held For Sale		$ 305
Disposal Group, Held-for-sale, Not Discontinued Operations [Member]
Property, Plant and Equipment (net)		1,568
Current Assets Held For Sale		1,568
Capital Lease Obligations Current Portion		61
Current Liabilities Held For Sale		61
Capital Lease Obligations		305
Noncurrent Liabilities Held For Sale		$ 305

Note 3 - Discontinued Operati_3

Note 3 - Discontinued Operations (Details Textual) - USD ($)		Oct. 09, 2018	Mar. 31, 2020	Mar. 31, 2019
Effect of LIFO Inventory Liquidation on Income			$ 6,600,000	$ 28,700,000
Pension Termination [Member]
Disposal Group, Including Discontinued Operation, Restructuriing Charge			(902,000)
Modesto Facility [Member] | Discontinued Operations, Disposed of by Sale [Member]
Proceeds from Divestiture of Businesses, Net of Cash Divested, Total		$ 63,326,000
Disposal Group, Including Discontinued Operation, Revenue, Percent		15.00%
Disposal Group, Including Discontinued Operation, Restructuriing Charge	[1]		$ (1,150,000)	4,515,000
Effect of LIFO Inventory Liquidation on Income				24,211,000
Modesto Facility [Member] | Discontinued Operations, Disposed of by Sale [Member] | Plant and Equipment [Member]
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property				51,446,000
Modesto Facility [Member] | Discontinued Operations, Disposed of by Sale [Member] | Bins [Member]
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property				4,975,000
Modesto Facility [Member] | Discontinued Operations, Disposed of by Sale [Member] | Employee Severance [Member]
Restructuring Costs, Total				$ 3,746,000
[1]	Includes $902,000 credit for pension termination in fiscal 2020. Includes $3,746,000 of Modesto severance in fiscal 2019.

Note 3 - Discontinued Operati_4

Note 3 - Discontinued Operations - Asset and Liabilities in Discontinued Operations (Details) - USD ($) $ in Thousands		12 Months Ended
		Mar. 31, 2020	Mar. 31, 2019
Noncurrent Assets Held For Sale-Discontinued Operations		$ 1,026	$ 1,143
Income Tax Expense		400	13,500
Net Earnings From Discontinued Operations, Net of Tax		1,147	42,230
Modesto Facility [Member] | Discontinued Operations, Disposed of by Sale [Member]
Other Current Assets		182	98
Current Assets Held For Sale-Discontinued Operations		182	98
Other Assets		1,026	1,143
Noncurrent Assets Held For Sale-Discontinued Operations		1,026	1,143
Accounts Payable and Accrued Expenses		880	4,285
Current Liabilities Held For Sale		880	4,285
Net Sales			111,693
Cost of Product Sold		57	129,872
Selling, General and Administrative			1,135
Plant Restructuring Charge (a)	[1]	(1,150)	4,515
Interest Expense (b)	[2]		1,077
Total cost and expenses		(1,093)	136,599
Earnings (Loss) From Discontinued Operations Before Income Taxes		1,093	(24,906)
Gain on the Sale of Assets Before Income Taxes (c) (d) (e)	[3],[4],[5]	(430)	(80,632)
Income Tax Expense		376	13,496
Net Earnings From Discontinued Operations, Net of Tax		1,147	42,230
Capital Expenditures			3,937
Depreciation			$ 1,302
[1]	Includes $902,000 credit for pension termination in fiscal 2020. Includes $3,746,000 of Modesto severance in fiscal 2019.
[2]	Includes interest on debt directly related to Modesto including the building mortgage and equipment leases and an allocation of the Company's line of credit facility.
[3]	Includes $51,446,000 gain on the sale of Modesto plant and equipment in fiscal 2019.
[4]	Includes a $24,211,000 gain as a result of LIFO layer liquidations from the disposal of the inventory for fiscal 2019.
[5]	Includes a $4,975,000 gain on the sale of bins in fiscal 2019.

Note 4 - Revenue Recognition (D

Note 4 - Revenue Recognition (Details Textual) - USD ($) $ in Thousands	Mar. 31, 2020	Mar. 31, 2019
Contract with Customer, Asset, after Allowance for Credit Loss, Current, Total	$ 7,610	$ 0

Note 4 - Revenue Recognition -

Note 4 - Revenue Recognition - Segment Revenue Disaggregated by Product Category Groups (Details) - USD ($) $ in Thousands		12 Months Ended
		Mar. 31, 2020	Mar. 31, 2019
Net sales		$ 1,335,769	$ 1,199,581
Canned Vegetables [Member]
Net sales		877,391	815,780
B&G Foods, Inc [Member]
Net sales	[1]	122,800	71,200
Frozen [Member]
Net sales		104,980	113,115
Fruit [Member]
Net sales		97,393	91,941
Chip Products [Member]
Net sales		11,500	9,700
Prepared Foods [Member]
Net sales		105,044	79,593
Manufactured Product, Other [Member]
Net sales		$ 16,700	$ 18,300
[1]	B&G includes both canned and frozen vegetable sales exclusively for B&G under the Green Giant label.

Note 5 - Revolving Credit-Fac_2

Note 5 - Revolving Credit-Facility (Details Textual) - Revolving Credit Facility [Member] - USD ($) $ in Millions	Jul. 05, 2016	Mar. 31, 2020
Debt Instrument, Term (Year)	5 years
Line of Credit Facility, Maximum Borrowing Capacity During Nonproduction Period		$ 300
Line of Credit Facility, Maximum Borrowing Capacity During Production Period		400
Line of Credit Facility, Maximum Borrowing Capacity, Increase (Decrease)		(100)
Long-term Line of Credit, Total		$ 106.9
Debt, Weighted Average Interest Rate		3.00%
Pledged Assets, Not Separately Reported, Other		$ 7

Note 6 - Long-term Debt (Detail

Note 6 - Long-term Debt (Details Textual) - USD ($)	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 09, 2016
Statutory Accounting Practices, Statutory Amount Available for Dividend Payments without Regulatory Approval	$ 50,000
Dividends, Preferred Stock, Cash	23,000
Long-term Debt, Total	217,581,000	$ 266,245,000
Pledged Assets Not Separately Reported, Fixed Assets	567,300,000
Term Loan Payable to Farm Credit East ACA [Member]
Debt Instrument, Face Amount			$ 100,000,000
Debt Instrument, Unamortized Discount, Total			$ 200,000
Tax-exempt Bond [Member]
Long-term Debt, Total	10,000,000
Term Loan [Member]
Debt Agreements, Financial Covenants, Minimum EBITDA	45,000,000
Long-term Debt, Total	$ 99,941,000	$ 99,906,000

Note 6 - Long-term Debt - Summa

Note 6 - Long-term Debt - Summary of Long-term Debt (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Mar. 31, 2019
Long-term debt	$ 217,581	$ 266,245
Less current portion	500	345
Long-term debt	217,081	265,900
Line of Credit [Member]
Long-term debt	106,924	155,278
Term Loan [Member]
Long-term debt	99,941	99,906
Tax-exempt Bond [Member]
Long-term debt	10,000	10,000
Secured Promissory Note 1 [Member]
Long-term debt		262
Economic Development Note [Member]
Long-term debt	500	583
Other [Member]
Long-term debt	$ 216	$ 216

Note 6 - Long-term Debt - Sum_2

Note 6 - Long-term Debt - Summary of Long-term Debt (Details) (Parentheticals)	Mar. 31, 2020	Mar. 31, 2019
Line of Credit [Member]
Long-term debt, weighted average interest rate	2.59%	4.00%
Long-term debt, maturity date	Dec. 31, 2022	Dec. 31, 2022
Term Loan [Member]
Long-term debt, weighted average interest rate	4.54%	4.77%
Long-term debt, maturity date	Dec. 31, 2022	Dec. 31, 2022
Tax-exempt Bond [Member]
Long-term debt, weighted average interest rate	3.01%	3.19%
Long-term debt, maturity date	Dec. 31, 2033	Dec. 31, 2033
Secured Promissory Note 1 [Member]
Long-term debt, weighted average interest rate	6.35%	6.35%
Long-term debt, maturity date	Dec. 31, 2020	Dec. 31, 2020
Economic Development Note [Member]
Long-term debt, weighted average interest rate	2.00%	2.00%
Long-term debt, maturity date	Dec. 31, 2021	Dec. 31, 2021

Note 6 - Long-term Debt - Debt

Note 6 - Long-term Debt - Debt Repayment Requirements (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Mar. 31, 2019
2021	$ 500
2022	206,865
2023
2024
2025
Thereafter	10,216
Total	$ 217,581	$ 266,245

Note 7 - Leases (Details Textua

Note 7 - Leases (Details Textual) - USD ($)	Mar. 31, 2020	Apr. 01, 2019	Mar. 31, 2019	Mar. 31, 2018
Stockholders' Equity Attributable to Parent, Ending Balance	$ 394,364,000		$ 417,485,000
Retained Earnings [Member]
Stockholders' Equity Attributable to Parent, Ending Balance	$ 459,797,000		$ 409,504,000	$ 403,780,000
Accounting Standards Update 2016-02 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Retained Earnings [Member]
Stockholders' Equity Attributable to Parent, Ending Balance		$ 2,019,000

Note 7 - Leases - Lease Expense

Note 7 - Leases - Lease Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Lease cost:
Amortization of right of use asset	$ 4,335
Interest on lease liabilities	1,353
Finance lease cost	5,688
Operating lease cost	30,190
Total lease cost	35,878
Operating cash flows from finance leases	1,353
Operating cash flows from operating leases	29,845
Financing cash flows from finance leases	6,437
Total	37,635
Right-of-use assets obtained in exchange for new finance lease liabilities	4,424
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 6,419
Financing leases (Year)	5 years 109 days
Operating leases, lease term (Year)	3 years 292 days
Financing leases	4.10%
Operating leases, discount rate	4.50%

Note 7 - Leases - Undiscounted

Note 7 - Leases - Undiscounted Future Lease Payments Under Operating Leases and Financial Leases (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Mar. 31, 2019
2021, operating	$ 23,896
2021, financing	7,313
2022, operating	18,820
2022, financing	7,313
2023, operating	13,022
2023, financing	7,313
2024, operating	6,510
2024, financing	5,786
2025, operating	3,023
2025, financing	2,395
2026-2031, operating	4,597
2026-2031, financing	3,995
Total minimum payment required, operating	69,868
Total minimum payment required, financing	34,115
Less interest, operating	5,559
Less interest, financing	3,524
Operating Lease, Liability, Total	64,309
Present value of minimum lease payments, financing	30,591
Amount due within one year, financing	6,225
Long-term lease obligation, operating	42,760
Long-term lease obligation, financing	24,366
Current Portion of Long-term Debt and Lease Obligations [Member]
Amount due within one year, operating	$ 21,549

Note 7 - Leases - Minimum Opera

Note 7 - Leases - Minimum Operating and Capital Lease Payments (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Mar. 31, 2019
2020, Operating		$ 28,689
2020, Capital		7,827
2021, Operating		24,938
2021, Capital		7,827
2022, Operating		17,526
2022, Capital		7,827
2023, Operating		12,062
2023, Capital		7,827
2024, Operating		5,950
2024, Capital		6,102
2025-2031, Operating		6,927
2025-2031, Capital		5,267
Total minimum payment required, Operating		96,092
Total minimum payment required, Capital		42,677
Less interest, Capital		4,973
Present value of minimum lease payments, Capital		37,704
Amount due within one year, Capital		6,418
Long-term capital lease obligation		$ 31,286

Note 8 - Income Taxes (Details

Note 8 - Income Taxes (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Operating lease impairment adjustment upon the adoption of ASU 2016-02 "Leases", tax	$ 14,427	$ (12,776)
Discontinued Operation, Tax Effect of Discontinued Operation, Total	$ 400	$ 13,500
Effective Income Tax Rate Reconciliation, Percent, Total	22.00%	25.90%
Effective Income Tax Rate Continuing Operations Change	(3.90%)
Effective Income Tax Rate Reconciliation, Tax Law Change, Percent	(2.80%)
Effective Income Tax Rate Reconciliation, Creation of Federal Tax Credits, Percentage	(1.80%)
Effective Income Tax Rate Reconciliation, Alternative Fuel Tax Credit, Amount	$ 130
Effective Income Tax Rate Reconciliation, CARES Act, Amount	1,700
Deferred Income Tax Assets, Net, Total	7,872	$ 2,417
Tax Credit Carryforward, Valuation Allowance	4,500
Unrecognized Tax Benefits, Uncertainty on Timing	1,600	0
Unrecognized Tax Benefits, Period Increase (Decrease), Total	200	100
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued, Total	200	$ 0
Effective Income Tax Rate Reconciliation, Lapses of Applicable Statute of Limitations, Amount	0
California Franchise Tax Board [Member]
Tax Credit Carryforward, Amount	1,500
New York State Division of Taxation and Finance [Member]
Tax Credit Carryforward, Amount	1,900
Wisconsin Department of Revenue [Member]
Tax Credit Carryforward, Amount	$ 2,200

Note 8 - Income Taxes - Provisi

Note 8 - Income Taxes - Provision of Income Taxes (Details) - USD ($) $ in Thousands		12 Months Ended
		Mar. 31, 2020	Mar. 31, 2019
Federal		$ (1,912)	$ (283)
State		1,187	93
Total		(725)	(190)
Federal		14,251	1,220
State		1,278	(310)
Total		15,529	910
Total income taxes (1)	[1]	$ 14,804	$ 720
[1]	Income tax expense (benefit) included in the financial statements is comprised of $14.4 million and $(12.8) million from continuing operations and $0.4 million and $13.5 million from discontinued operations in 2020 and 2019, respectively.

Note 8 - Income Taxes - Reconci

Note 8 - Income Taxes - Reconciliation of Income Tax Rate (Details)	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Computed (expected tax rate)	21.00%	21.00%
State income taxes (net of federal tax benefit)	3.60%	3.20%
State tax credits	(0.80%)	0.70%
Federal credits	(0.80%)	1.00%
Addition to uncertain tax positions	0.30%	1.00%
Other permanent differences not deductible	0.20%	(0.20%)
Change in valuation allowance	0.70%	(0.20%)
Tax law change	(2.80%)
Other	0.60%	(0.60%)
Effective income tax rate	22.00%	25.90%

Note 8 - Income Taxes - Deferre

Note 8 - Income Taxes - Deferred Income Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Mar. 31, 2019
Future tax credits	$ 5,581	$ 5,124
Inventory valuation	163
Restructuring reserve	220	1,071
Employee benefits	2,219	2,030
Insurance	616	312
Other comprehensive loss	26,562	6,250
Interest	24	12
Future federal tax credits		654
Prepaid revenue	565	528
Other	186	298
Net operating loss and other tax attribute carryovers	2,233	5,628
Total assets	38,369	21,907
Property basis and depreciation difference	12,664	13,049
Inventory valuation		534
Intangibles	208	286
Income from equity investment	1,239
Right of use assets	4,373
Pension	7,540	1,633
Total liabilities	26,024	15,502
Valuation allowance - non-current	4,473	3,988
Net deferred income tax asset	$ 7,872	$ 2,417

Note 8 - Income Taxes - Uncerta

Note 8 - Income Taxes - Uncertain Tax Positions (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Beginning balance	$ 396	$ 855
Additions	1,123	26
Additions	569
Reductions	(16)	(2)
Lapses in statues of limitations	(7)	(483)
Balance as of March 31,	$ 2,065	$ 396

Note 9 - Stockholders' Equity (

Note 9 - Stockholders' Equity (Details Textual) - USD ($)	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2003
Dividends, Preferred Stock, Cash	$ 23,000
Common Stock, Capital Shares Reserved for Future Issuance (in shares)	33,695	33,695
Treasury Stock, Value, Ending Balance	$ 88,319,000	$ 75,740,000
Treasury Stock, Shares, Ending Balance (in shares)	3,042,092
Treasury Stock [Member]
Dividends, Preferred Stock, Cash
Treasury Stock, Value, Acquired, Cost Method	12,673,000	$ 7,957,000
Defined Contribution Plan, Employer Discretionary Contribution Value of Shares	$ 100,000
Defined Contribution Plan, Employer Discretionary Contribution Share Amount (in shares)	2,946
Conversion of Convertible Participating Preferred Stock to Common Stock [Member]
Conversion of Stock, Shares Converted (in shares)	2,174
Convertible from Series A Preferred Stock to Class A Stock [Member]
Share for Share Conversion Number (in shares)	20
Convertible from Series B Preferred Stock to Class A Stock [Member
Share for Share Conversion Number (in shares)	30
Cumulative Preferred Stock [Member]
Preferred Stock, Shares Authorized (in shares)	200,000
Preferred Stock, Dividend Rate, Percentage	6.00%
Preferred Stock, Par or Stated Value Per Share (in dollars per share)	$ 0.25
Preferred Stock, Shares Outstanding, Ending Balance (in shares)	200,000	200,000
Dividends, Preferred Stock, Cash	$ 3,000
No Par Value Preferred Stock [Member]
Preferred Stock, Shares Authorized (in shares)	30,000
Preferred Class A [Member]
Preferred Stock, Shares Authorized (in shares)	8,200,000
Preferred Stock, Par or Stated Value Per Share (in dollars per share)	$ 0.025
Preferred Stock, Shares Non-designated (in shares)	6,764,145
Series A Preferred Stock [Member]
Preferred Stock, Dividend Rate, Percentage	10.00%
Preferred Stock, Shares Outstanding, Ending Balance (in shares)	407,240
Dividends, Preferred Stock, Cash	$ 20,000
Series B Preferred Stock [Member]
Preferred Stock, Dividend Rate, Percentage	10.00%
Preferred Stock, Shares Outstanding, Ending Balance (in shares)	400,000
Dividends, Preferred Stock, Cash		$ 20,000
Convertible Preferred Stock [Member]
Preferred Stock, Par or Stated Value Per Share (in dollars per share)	$ 11.931
Convertible Preferred Stock, Shares Issued upon Conversion (in shares)	1
Preferred Stock, Dividends Per Share, Declared (in dollars per share)	$ 0	$ 0
Preferred Stock, Liquidation Preference Per Share (in dollars per share)	$ 12
Preferred Stock, Shares Outstanding, Ending Balance (in shares)	35,355
Series 2003 Convertible Preferred Stock [Member]
Preferred Stock, Shares Authorized (in shares)	500
Preferred Stock, Par or Stated Value Per Share (in dollars per share)	$ 0.025
Preferred Stock, Liquidation Preference Per Share (in dollars per share)	$ 15.50
Preferred Stock, Shares Outstanding, Ending Balance (in shares)	500	500
Preferred Stock, Shares Issued, Total (in shares)			967,742
Sale of Stock, Price Per Share (in dollars per share)			$ 16.60
Common Class A [Member]
Voting Rights, Percentage of Vote Per Share	0.05%
Common Stock, Capital Shares Reserved for Future Issuance (in shares)	35,855	38,029
Treasury Stock, Value, Acquired, Cost Method	$ 8,800,000
Treasury Stock, Shares, Acquired (in shares)	298,812
Common Class B [Member]
Stock Issued During Period, Profit Sharing Bonus Plan (in shares)	0
Treasury Stock, Value, Acquired, Cost Method	$ 3,900,000
Treasury Stock, Shares, Acquired (in shares)	132,305

Note 10 - Retirement Plans (Det

Note 10 - Retirement Plans (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2018
Increase Decrease In Unfunded status	$ 58,400
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, after Tax	(60,900)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, Tax	$ (20,300)
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate	3.69%	4.14%
Defined Benefit Plan, Benefit Obligation, (Increase) Decrease for Curtailment	$ (100)
Defined Benefit Plan, Plan Assets, Amount, Ending Balance	202,485	$ 233,112	$ 212,844
Defined Benefit Plan, Plan Assets, Increase (Decrease) for Actual Return (Loss)	(46,325)	26,731
Defined Benefit Plan, Plan Assets, Contributions by Employer	26,000	2,100
Defined Benefit Plan, Accumulated Benefit Obligation	$ 256,400	$ 231,200
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Rate of Return on Plan Assets	7.25%	7.25%
Defined Benefit Plan Actual Gain on Plan Assets	19.90%
Defined Benefit Plan, Assumed Gain on Plan Assets	8.80%
Defined Benefit Plan Common Stock Included in Plan Assets	$ 16,600	$ 12,800
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 400	$ 1,400

Note 10 - Retirement Plans - St

Note 10 - Retirement Plans - Statement of Unfunded Status (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Benefit obligation at beginning of year	$ 250,461	$ 236,134
Service cost	9,244	8,954
Interest cost	9,064	9,131
Liability gain due to curtailment	(1,114)
Actuarial loss	20,146	4,113
Benefit payments and expenses	(9,574)	(7,871)
Benefit obligation at end of year	278,227	250,461
Fair value of plan assets at beginning of year	233,112	212,844
Actual (loss) gain on plan assets	(46,325)	26,731
Employer contributions	26,000	2,100
Benefit payments and expenses	(10,302)	(8,563)
Fair value of plan assets at end of year	202,485	233,112
Unfunded Status	$ (75,742)	$ (17,349)

Note 10 - Retirement Plans - Am

Note 10 - Retirement Plans - Amounts Recognized in Accumulated Other Comprehensive (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Mar. 31, 2019
Prior service cost	$ (349)	$ (587)
Net loss	(105,866)	(24,305)
Accumulated other comprehensive pre-tax loss	$ (106,215)	$ (24,892)

Note 10 - Retirement Plans - Pe

Note 10 - Retirement Plans - Pension and Post Retirement Plan Adjustments (Details) $ in Thousands	12 Months Ended
	Mar. 31, 2020USD ($)
Balance	$ 417,485
Balance	394,364
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Balance	(18,285)
Other comprehensive loss	(60,935)
Balance	$ (79,220)

Note 10 - Retirement Plans - Ne

Note 10 - Retirement Plans - Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Service cost including administration	$ 9,935	$ 9,646
Interest cost	9,064	9,131
Expected return on plan assets	(16,746)	(15,104)
Amortization of net loss	579	1,597
Prior service cost	120	119
Net periodic benefit cost	2,952	5,389
Settlement/curtailment expense	118
Net periodic benefit cost with curtailment	$ 3,070	$ 5,389

Note 10 - Retirement Plans - As

Note 10 - Retirement Plans - Assumptions Used to Measure (Details)	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Discount rate - projected benefit obligation	3.69%	4.14%
Expected return on plan assets	7.25%	7.25%
Rate of compensation increase	3.00%	3.00%
Discount rate - benefit obligations	4.14%	4.15%
Discount rate - interest cost	3.74%	3.87%
Discount rate - service cost	4.34%	4.25%
Discount rate - interest on service cost	3.69%	4.14%
Rate of compensation increase	3.00%	3.00%

Note 10 - Retirement Plans - Pl

Note 10 - Retirement Plans - Plan Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2018
Target Allocation	100.00%
Percentage of Plan Assets	100.00%	100.00%
Total assets	$ 202,485	$ 233,112	$ 212,844
Defined Benefit Plan, Equity Securities [Member]
Target Allocation	99.00%
Percentage of Plan Assets	97.00%	99.00%
Total assets	$ 195,427	$ 231,725
Defined Benefit Plan, Equity Securities [Member] | Materials [Member]
Total assets	8,772	5,331
Defined Benefit Plan, Equity Securities [Member] | Industrials [Member]
Total assets	15,440	16,080
Defined Benefit Plan, Equity Securities [Member] | Telecommunication Services [Member]
Total assets	25,093	24,370
Defined Benefit Plan, Equity Securities [Member] | Consumer Staples [Member]
Total assets	42,522	43,486
Defined Benefit Plan, Equity Securities [Member] | Energy [Member]
Total assets	28,538	38,230
Defined Benefit Plan, Equity Securities [Member] | Financial Services Sector [Member]
Total assets	22,275	34,521
Defined Benefit Plan, Equity Securities [Member] | Healthcare Sector [Member]
Total assets		4,247
Defined Benefit Plan, Equity Securities [Member] | Information Technology [Member]
Total assets	20,657	28,750
Defined Benefit Plan, Equity Securities [Member] | Utilities [Member]
Total assets	$ 32,130	$ 36,710
Defined Benefit Plan, Debt Security [Member]
Target Allocation
Percentage of Plan Assets
Defined Benefit Plan, Cash and Cash Equivalents [Member]
Total assets	$ 7,058	$ 1,387
Defined Benefit Plan, Cash and Cash Equivalents [Member] | Money Market Funds [Member]
Total assets	$ 7,058	$ 1,387
Defined Benefit Plan, Real Estate [Member]
Target Allocation
Percentage of Plan Assets
Defined Benefit Plan, Cash [Member]
Target Allocation	1.00%
Percentage of Plan Assets	3.00%	1.00%

Note 10 - Retirement Plans - Ex

Note 10 - Retirement Plans - Expected Contributions (Details)	Mar. 31, 2020USD ($)
Expected Employer Contributions
Expected Employee Contributions

Note 10 - Retirement Plans - Es

Note 10 - Retirement Plans - Estimated Future Benefit Payments (Details) $ in Thousands	Mar. 31, 2020USD ($)
2021	$ 10,102
2022	10,785
2023	11,490
2024	12,259
2025	13,022
2026-2030	$ 75,047

Note 11 - Fair Value of Finan_3

Note 11 - Fair Value of Financial Instruments - Carrying Amount and Estimated Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Mar. 31, 2019
Reported Value Measurement [Member]
Long-term debt, including current portion	$ 217,581	$ 266,245
Estimate of Fair Value Measurement [Member]
Long-term debt, including current portion	$ 217,559	$ 266,140

Note 12 - Inventories (Details

Note 12 - Inventories (Details Textual) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Inventory, LIFO Reserve, Effect on Income, Net, Total	$ 12.8	$ 30.4
Effect Of LIFO Earnings Per Share Basic (in dollars per share)	$ 1.38	$ (3.14)
Effect Of LIFO Earnings Per Share Diluted (in dollars per share)	$ 1.37	$ (3.14)
Effect of LIFO Inventory Liquidation on Income	$ 6.6	$ 28.7

Note 12 - Inventories - Invento

Note 12 - Inventories - Inventories by Category and Impact of Using LIFO Method (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Mar. 31, 2019
Finished products	$ 351,251	$ 454,920
In process	31,173	42,045
Raw materials and supplies	173,474	166,060
Total	555,898	663,025
Less excess of FIFO cost over LIFO cost	144,267	161,341
Inventories	$ 411,631	$ 501,684

Note 13 - Other Operating Inc_2

Note 13 - Other Operating Income and Expense (Details Textual) - Other Operating Income (Expense) [Member] - USD ($) $ in Millions	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Gain (Loss) on Disposition of Property Plant Equipment, Total	$ 1.2
Gain (Loss) On Partial Sale of Plant		$ 0.8
Interest Rate Swap [Member]
Gain (Loss) on Sale of Derivatives		0.3
Midwest Plant [Member]
Gain (Loss) On Sale of Plant	3.3	4.1
Northwest Plant [Member]
Gain (Loss) On Sale of Plant	$ 8.2
Northeast Plant [Member]
Gain (Loss) On Sale of Plant		2
Eastern Plant [Member]
Gain (Loss) On Sale of Plant		$ (0.6)

Note 14 - Segment Information_2

Note 14 - Segment Information (Details Textual)	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Number of Reportable Segments	3
Revenue Benchmark [Member] | Geographic Concentration Risk [Member] | Non-US [Member]
Concentration Risk, Percentage	6.50%	7.50%
Revenue Benchmark [Member] | Product Concentration Risk [Member] | Green Giant Vegetables [Member]
Concentration Risk, Percentage	9.00%	6.00%

Note 14 - Segment Information -

Note 14 - Segment Information - Segment Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Net Sales	$ 1,335,769	$ 1,199,581
Operating income (loss)	70,524	(38,079)
Identifiable assets	909,309	848,882
Capital expenditures	65,686	37,728
Depreciation and amortization	30,933	31,235
Continuing Operations [Member]
Net Sales	1,335,769	1,199,581
Operating income (loss)	70,524	(38,079)
Identifiable assets	908,068	847,641
Capital expenditures	66,440	37,629
Depreciation and amortization	30,933	29,933
Fruit and Vegetable Segment [Member] | Continuing Operations [Member]
Net Sales	1,202,528	1,091,997
Operating income (loss)	65,921	(34,145)
Identifiable assets	853,438	788,860
Capital expenditures	63,543	33,794
Depreciation and amortization	26,486	24,785
Prepared Foods [Member] | Continuing Operations [Member]
Net Sales	105,044	79,593
Operating income (loss)	3,774	(2,736)
Identifiable assets	51,803	55,378
Capital expenditures	2,122	1,427
Depreciation and amortization	3,564	3,980
Snack Segment [Member] | Continuing Operations [Member]
Net Sales	11,475	9,684
Operating income (loss)	837	(8)
Identifiable assets	2,054	2,056
Capital expenditures	19	54
Depreciation and amortization	207	249
Corporate and Other [Member] | Continuing Operations [Member]
Net Sales	16,722	18,307
Operating income (loss)	(8)	(1,190)
Identifiable assets	773
Capital expenditures	756	2,354
Depreciation and amortization	$ 676	919
Other Segments [Member] | Continuing Operations [Member]
Identifiable assets		$ 1,347

Note 14 - Segment Information_3

Note 14 - Segment Information - Classes of Similar Products or Services (Details) - USD ($) $ in Thousands		12 Months Ended
		Mar. 31, 2020	Mar. 31, 2019
Net Sales		$ 1,335,769	$ 1,199,581
Green Giant [Member]
Net Sales	[1]	122,764	71,161
Canned Vegetables [Member]
Net Sales		877,391	815,780
Frozen [Member]
Net Sales		104,980	113,115
Fruit [Member]
Net Sales		97,393	91,941
Prepared Foods [Member]
Net Sales		105,044	79,593
Snack [Member]
Net Sales		11,475	9,684
Other [Member]
Net Sales		$ 16,722	$ 18,307
[1]	Green Giant includes canned and frozen vegetables exclusively for B&G Foods.

Note 16 - Plant Restructuring_2

Note 16 - Plant Restructuring (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Restructuring Charges, Total	$ 7,046	$ 11,657
Impairment of Long-Lived Assets Held-for-use		7,800
Employee Severance [Member]
Restructuring Charges, Total	1,229	1,508
Closing of Midwest and Northwest Plants [Member]
Restructuring Charges, Total	7,000
Restructuring Credit For Reduced Lease Liability	1,900
Closing of Midwest and Northwest Plants [Member] | Lease Impairments [Member]
Restructuring Charges, Total	5,300
Closing of Midwest and Northwest Plants [Member] | Equipment Moves [Member]
Restructuring Charges, Total	2,400
Closing of Midwest and Northwest Plants [Member] | Employee Severance [Member]
Restructuring Charges, Total	$ 1,200
Partial Closure of Midwest Plant [Member]
Restructuring Charges, Total		2,300
Partial Closure of Midwest Plant [Member] | Equipment Moves [Member]
Restructuring Charges, Total		1,800
Partial Closure of Midwest Plant [Member] | Employee Severance [Member]
Restructuring Charges, Total		500
Closing of Northeast Plant [Member]
Restructuring Charges, Total		1,300
Closing of Northeast Plant [Member] | Equipment Moves [Member]
Restructuring Charges, Total		800
Closing of Northeast Plant [Member] | Employee Severance [Member]
Restructuring Charges, Total		500
Partial Sale of Northwest Plant [Member]
Restructuring Charges, Total		300
Partial Sale of Northwest Plant [Member] | Equipment Moves [Member]
Restructuring Charges, Total		100
Partial Sale of Northwest Plant [Member] | Employee Severance [Member]
Restructuring Charges, Total		$ 200

Note 16 - Plant Restructuring -

Note 16 - Plant Restructuring - Restructuring Reserve (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Balance	$ 226
Charge to expense	7,046	11,657
Cash payments/write offs	(7,070)	(11,431)
Balance	202	226
Employee Severance [Member]
Balance	225
Charge to expense	1,229	1,508
Cash payments/write offs	(1,252)	(1,283)
Balance	202	225
Other Restructuring [Member]
Balance	1
Charge to expense	5,817	10,149
Cash payments/write offs	(5,818)	(10,148)
Balance		$ 1

Note 17 - Related Party Trans_2

Note 17 - Related Party Transactions (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Director [Member] | Vegetables Supply [Member]
Related Party Transaction, Amounts of Transaction	$ 2.3	$ 2.4
Related Party Foudation [Member] | Charitable Contributions [Member]
Related Party Transaction, Amounts of Transaction	$ 0.3	$ 0.3

Note 18 - Subsequent Event (Det

Note 18 - Subsequent Event (Details Textual) - Term Loan Payable to Farm Credit East ACA [Member] - USD ($)	Jun. 25, 2020	Dec. 09, 2016
Debt Instrument, Face Amount		$ 100,000,000
Subsequent Event [Member]
Debt Instrument, Face Amount	$ 100,000,000
Debt Instrument, Interest Rate, Stated Percentage	3.3012%

Schedule II - Valuation and Q_3

Schedule II - Valuation and Qualifying Accounts - Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands		12 Months Ended
		Mar. 31, 2020	Mar. 31, 2019
SEC Schedule, 12-09, Allowance, Credit Loss [Member]
Balance at beginning of period		$ 57	$ 56
Charged/(credited) to income		1,627	1
Charged to other accounts
Deductions from reserve	[1]	86
Allowance for doubtful accounts		1,598	57
SEC Schedule, 12-09, Valuation Allowance, Deferred Tax Asset [Member]
Balance at beginning of period		3,988	3,865
Charged/(credited) to income		485	6
Charged to other accounts			117
Deductions from reserve
Allowance for doubtful accounts		$ 4,473	$ 3,988
[1]	Accounts written off, net of recoveries.