Seneca Foods (SENEA) 10-K 13 Jun 24 2024 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Mar. 31, 2024	May 23, 2024	Sep. 29, 2023
Document Information [Line Items]
Entity Central Index Key	0000088948
Entity Registrant Name	Seneca Foods Corporation
Amendment Flag	false
Current Fiscal Year End Date	--03-31
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2024
Document Type	10-K
Document Annual Report	true
Document Period End Date	Mar. 31, 2024
Document Transition Report	false
Entity File Number	0-01989
Entity Incorporation, State or Country Code	NY
Entity Tax Identification Number	16-0733425
Entity Address, Address Line One	350 WillowBrook Office Park
Entity Address, City or Town	Fairport
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	14450
City Area Code	585
Local Phone Number	495-4100
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 296,458,515
Auditor Firm ID	34
Auditor Name	Deloitte & Touche LLP
Auditor Location	Rochester, NY
Common Class B [Member]
Document Information [Line Items]
Title of 12(b) Security	Common Stock Class B, $0.25 Par
Trading Symbol	SENEB
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		1,652,411
Common Class A [Member]
Document Information [Line Items]
Title of 12(b) Security	Common Stock Class A, $0.25 Par
Trading Symbol	SENEA
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		5,312,025

Consolidated Statements of Net

Consolidated Statements of Net Earnings - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Net sales	$ 1,458,603	$ 1,509,352	$ 1,385,280
Costs and expenses:
Cost of products sold	1,270,385	1,405,033	1,243,684
Selling, general, and administrative expense	81,209	81,072	76,343
Other operating (income) expense, net	(647)	(1,662)	1,174
Plant restructuring	425	3,550	70
Total costs and expenses	1,351,372	1,487,993	1,321,271
Operating income	107,231	21,359	64,009
Other income and expenses:
Interest expense, net of interest income of $699, $528 and $63, respectively	34,020	14,325	5,641
Loss from equity investment	0	0	7,775
Other non-operating income	(9,788)	(6,759)	(9,302)
Earnings before income taxes	82,999	13,793	59,895
Income taxes	19,681	4,562	13,695
Net earnings	$ 63,318	$ 9,231	$ 46,200
Earnings per share:
Basic (in dollars per share)	$ 8.64	$ 1.19	$ 5.28
Diluted (in dollars per share)	$ 8.56	$ 1.16	$ 5.24
Weighted average common shares outstanding:
Basic (in shares)	7,318	7,796	8,707
Diluted (in shares)	7,385	7,863	8,774

Consolidated Statements of Ne_2

Consolidated Statements of Net Earnings (Parentheticals) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Interest income	$ 699	$ 528	$ 63

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Comprehensive income:
Net earnings	$ 63,318	$ 9,231	$ 46,200
Change in pension and postretirement benefits, net of tax (benefit) expense of ($1,628), $1,999 and ($2,423), respectively	(4,892)	5,980	(7,401)
Total	$ 58,426	$ 15,211	$ 38,799

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Parentheticals) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Change in pension and postretirement benefits, tax expense	$ (1,628)	$ 1,999	$ (2,423)

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Current assets:
Cash and cash equivalents	$ 4,483	$ 5,236
Restricted cash	7,370	7,020
Accounts receivable, net of allowance for credit losses of $53 and $34, respectively	79,767	97,101
Inventories	872,692	670,898
Assets held for sale	64	4,358
Refundable income taxes	0	6,976
Other current assets	2,639	2,450
Total current assets	967,015	794,039
Property, plant, and equipment, net	305,016	301,212
Right-of-use assets operating, net	19,705	23,235
Right-of-use assets financing, net	20,386	33,571
Pension assets	52,442	59,304
Other assets	19,433	1,360
Total assets	1,383,997	1,212,721
Current liabilities:
Accounts payable	40,326	69,232
Note payable	8,926	0
Deferred revenue	8,185	9,956
Accrued vacation	11,632	11,143
Accrued payroll	15,845	16,772
Income taxes payable	2,648	0
Other accrued expenses	33,383	23,293
Current portion of long-term debt and lease obligations	30,090	25,792
Total current liabilities	151,035	156,188
Long-term debt, less current portion	585,786	432,695
Operating lease obligations	13,758	16,675
Financing lease obligations	12,259	17,293
Deferred income tax liability, net	24,320	31,481
Other liabilities	13,946	3,639
Total liabilities	801,104	657,971
Stockholders’ equity:
Preferred stock	351	351
Common stock	3,050	3,049
Additional paid-in capital	100,425	99,152
Treasury stock, at cost	(200,107)	(168,573)
Accumulated other comprehensive loss	(25,380)	(20,488)
Retained earnings	704,554	641,259
Total stockholders’ equity	582,893	554,750
Total liabilities and stockholders’ equity	$ 1,383,997	$ 1,212,721

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Allowance for doubtful accounts	$ 53	$ 34

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Cash flows from operating activities:
Net earnings	$ 63,318	$ 9,231	$ 46,200
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	43,478	40,941	36,523
Non-cash lease expense	7,251	11,636	16,680
LIFO charge	22,342	131,611	42,157
Deferred income tax expense	(5,533)	(3,534)	7,134
Gain on the sale of assets	(2,331)	(2,872)	(1,861)
Provision for restructuring and impairments	567	4,333	284
Gain on debt forgiveness	0	0	(500)
Loss from equity investment	0	0	7,775
Stock-based compensation expense	246	76	120
Pension expense	354	1,481	206
401(k) match stock contribution	2,453	1,515	1,107
Changes in operating assets and liabilities:
Accounts receivable	17,334	22,098	(26,976)
Inventories	(224,136)	(398,514)	(103,008)
Other assets	91	2,743	(1,109)
Accounts payable	(29,213)	(18,370)	13,513
Accrued expenses and other	11,192	(13,641)	(11,032)
Income taxes	9,624	(1,530)	2,939
Net cash (used in) provided by operating activities	(82,963)	(212,796)	30,152
Cash flows from investing activities:
Additions to property, plant, and equipment	(36,637)	(70,628)	(53,367)
Proceeds from the sale of assets	8,089	5,751	8,180
Increase in non-current deposits	(18,654)	0	0
Net cash used in investing activities	(47,202)	(64,877)	(45,187)
Cash flows from financing activities:
Borrowings under revolving credit facility	783,650	777,083	398,550
Repayments under revolving credit facility	(727,023)	(616,939)	(379,011)
Borrowings under term loans and note payable	133,359	174,427	0
Principal payments on term loans	(19,215)	(5,500)	(4,000)
Other assets	0	0	(2,758)
Payments on financing leases	(7,956)	(8,814)	(7,868)
Purchase of treasury stock	(33,030)	(41,209)	(38,788)
Dividends	(23)	(23)	(23)
Net cash provided by (used in) financing activities	129,762	279,025	(33,898)
Net (decrease) increase in cash, cash equivalents and restricted cash	(403)	1,352	(48,933)
Cash, cash equivalents and restricted cash, beginning of year	12,256	10,904	59,837
Cash, cash equivalents and restricted cash, end of year	11,853	12,256	10,904
Supplemental disclosures of cash flow information:
Interest, net of capitalized interest	33,100	11,218	4,481
Income taxes	15,105	9,084	2,971
Right-of-use assets obtained in exchange for lease obligations	5,746	10,187	20,304
Right-of-use assets derecognized upon early lease termination	2,286	3,588	1,570
Assets acquired from exercise of finance lease purchase options, net of accumulated depreciation	6,681	0	0
Property, plant and equipment purchased on account	$ 307	$ 1,177	$ 1,267

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]	Total
Preferred stock, shares outstanding (in shares)	200,000	807,240	32,256	500
Common stock, shares outstanding (in shares)					6,627,318	1,705,930
Net earnings							$ 9,231,000
Cash dividends paid on preferred stock	$ (3,000)
Change in pension and postretirement benefits adjustment							(5,980,000)
Net earnings							9,231,000
Balance at Mar. 31, 2023							554,750,000
Preferred stock, shares outstanding (in shares)	200,000	807,240	8,292	0
Common stock, shares outstanding (in shares)					5,928,424	1,707,241
Net earnings							63,318,000
Cash dividends paid on preferred stock	$ (3,000)						(23,181)
Purchase of treasury stock					$ (33,000,000)
Change in pension and postretirement benefits adjustment							4,892,000
Net earnings							63,318,000
Balance at Mar. 31, 2024							$ 582,893,000
Preferred stock, shares authorized (in shares)	200,000	1,400,000	8,292	0
Common stock, shares authorized (in shares)					20,000,000	10,000,000
Preferred stock, shares outstanding (in shares)	200,000	807,240	8,292	0
Common stock, shares outstanding (in shares)					5,400,429	1,659,411
Preferred stock, stock amount	$ 50,000	$ 202,000	$ 99,000	$ 0
Common stock, stock amount					$ 2,566,000	$ 484,000

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parentheticals) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Change in pension and postretirement benefits, tax expense	$ (1,628)	$ 1,999	$ (2,423)

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies	12 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Significant Accounting Policies [Text Block]	1. Nature of Operations eight Principles of Consolidation Use of Estimates in the Preparation of Financial Statements Reclassification of Prior Year Balances no 2024, Cash, Cash Equivalents and Restricted Cash three not The following table reconciles cash, cash equivalents and restricted cash as reported on the Consolidated Balance Sheets to the total amounts shown in the Company’s Consolidated Statements of Cash Flows (in thousands): As of: March 31, March 31, 2024 2023 Cash and cash equivalents $ 4,483 $ 5,236 Restricted cash 7,370 7,020 Total cash, cash equivalents and restricted cash $ 11,853 $ 12,256 Fair Value of Financial Instruments 12, The three 1 3 three ● Level 1 ● Level 2 not ● Level 3 one Accounts Receivable and Doubtful Accounts Inventories first Assets Held for Sale one may one no Property, Plant and Equipment 2024, 2023 2022, Years Buildings and improvements 30 Land improvements 10 - 20 Machinery and equipment 5 - 15 Office equipment and furniture 3 - 5 Vehicles 3 - 5 Computer software 3 - 5 Long-Lived Assets may not not 2024, 2023 2022. Other Assets March 31, 2024, one Deferred Financing Costs not March 31, 2024 Revenue Recognition 2, Trade Promotions may Concentration of Credit Risk not ten 2024 2023, not Advertising Costs 2024 2023 2022. Income 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. 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. Recently Issued Accounting Standards December 2023, 2023 09, Income Taxes (Topic 740 2023 09” December 15, 2024, April 1, 2025, In November 2023, 2023 07, Segment Reporting (Topic 280 2023 07” December 15, 2023, December 15, 2024, April 1, 2024, All other newly issued accounting pronouncements not not not 2024. Subsequent Events

Note 2 - Revenue Recognition

Note 2 - Revenue Recognition	12 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	2. Revenue Recognition The Company applies the provisions of Accounting Standards Codification (“ASC”) 606 10, , 2024 Nature of products • Canned and frozen vegetables which are sold under private label, and national and regional brands that the Company owns or licenses, as well as under contract packing agreements; • Fruit products comprised of jarred and packaged products; • Snack products comprised of packaged fruit chips; • Other non-food operations which are ancillary to the Company’s main product offerings, such as the sale of cans and ends, seed, and outside revenue from the Company’s aircraft operations. Disaggregation of revenue Fiscal Year: 2024 2023 2022 Canned vegetables $ 1,204,823 $ 1,253,257 $ 1,135,983 Frozen vegetables 120,795 121,211 123,895 Fruit products 87,435 91,495 84,708 Snack products 13,400 12,661 12,332 Other 32,150 30,728 28,362 Total $ 1,458,603 $ 1,509,352 $ 1,385,280 When Performance Obligations Are Satisfied 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 one Significant Payment Terms may no one not 30 Shipping Variable Consideration may March 31, 2024 2023, Contract Balances March 31, 2024 2023, The deferred revenue activity during fiscal years 2024 2023 Fiscal Year: 2024 2023 Beginning balance $ 9,956 $ 7,655 Deferral of revenue 19,200 19,857 Recognition of unearned revenue (17,049 ) (17,556 ) Settlement of liability (1) (3,922 ) - Ending balance $ 8,185 $ 9,956 ( 1 17. Contract Costs one not

Note 3 - Earnings Per Share

Note 3 - Earnings Per Share	12 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Earnings Per Share [Text Block]	3. Earnings per share for fiscal years 2024, 2023 2022 Fiscal Year: 2024 2023 2022 Basic Net earnings $ 63,318 $ 9,231 $ 46,200 Deduct preferred stock dividends paid 23 23 23 Undistributed net earnings 63,295 9,208 46,177 Earnings attributable to participating preferred shareholders 72 30 178 Earnings attributable to common shareholders $ 63,223 $ 9,178 $ 45,999 Weighted average common shares outstanding 7,318 7,796 8,707 Basic earnings per common share $ 8.64 $ 1.19 $ 5.28 Diluted Earnings attributable to common shareholders $ 63,223 $ 9,178 $ 45,999 Add dividends on convertible preferred stock 20 20 20 Earnings attributable to common stock on a diluted basis $ 63,243 $ 9,198 $ 46,019 Weighted average common shares outstanding-basic 7,318 7,796 8,707 Additional shares to be issued under full conversion of preferred stock 67 67 67 Total shares for diluted 7,385 7,863 8,774 Diluted earnings per common share $ 8.56 $ 1.16 $ 5.24

Note 4 - Inventories

Note 4 - Inventories	12 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Inventory Disclosure [Text Block]	4. The Company uses the LIFO method of valuing inventory as it believes this method allows for better matching of current production cost to current revenue. As of March 31, 2024 2023, first first 2024 2023, As of: March 31, March 31, 2024 2023 Finished products $ 795,993 $ 613,622 In process 125,027 75,123 Raw materials and supplies 276,454 284,593 1,197,474 973,338 Less excess of FIFO cost over LIFO cost 324,782 302,440 Total inventories $ 872,692 $ 670,898

Note 5 - Property, Plant and Eq

Note 5 - Property, Plant and Equipment	12 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	5. Property, plant and equipment is comprised of the following (in thousands): As of: March 31, March 31, 2024 2023 Land and land improvements $ 49,627 $ 46,978 Buildings and improvements 236,141 214,110 Machinery and equipment 457,433 421,067 Office equipment, furniture, vehicles and computer software 14,971 11,738 Construction in progress 14,450 40,539 Property, plant and equipment, cost 772,622 734,432 Less: accumulated depreciation (467,606 ) (433,220 ) Property, plant and equipment, net $ 305,016 $ 301,212 Depreciation expense totaled $36.8 million, $33.9 million, and $30.2 million for fiscal years 2024, 2023, 2022,

Note 6 - Assets Held For Sale

Note 6 - Assets Held For Sale	12 Months Ended
	Mar. 31, 2024
Disposal Group, Held-for-Sale, Not Discontinued Operations [Member]
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	6. As of March 31, 2024, 20 twelve As of March 31, 2023, two 2023 2022, As of March 31, 2023, one two March 31, 2023, 2024 The following table presents information related to the major classes of assets and liabilities that were held for sale on our Consolidated Balance Sheets (in thousands): As of: March 31, March 31, 2024 2023 Property, plant and equipment (net) $ 64 $ 4,358 Current assets held for sale $ 64 $ 4,358

Note 7 - Debt

Note 7 - Debt	12 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Long-Term Debt [Text Block]	7. Note payable 2024, June 30, 2024. March 31, 2024 one SOFR March 31, 2024 Long-term debt is comprised of the following (in thousands): As of: March 31, March 31, 2024 2023 Revolving credit facility $ 237,225 $ 180,598 Term loans Term Loan A-1 Outstanding principal 85,000 89,000 Unamortized debt issuance costs (37 ) (68 ) Term Loan A-1, net 84,963 88,932 Term Loan A-2 Outstanding principal 283,500 173,500 Unamortized debt issuance costs (902 ) (551 ) Term Loan A-2, net 282,598 172,949 Other - 216 Total long-term debt 604,786 442,695 Less current portion 19,000 10,000 Long-term debt, less current portion $ 585,786 $ 432,695 Revolving credit facility March 24, 2021, On September 14, 2022, not No On May 5, 2023, “2023 No 2023 On March 8, 2024, “2024 April July No 2024 Maximum borrowing availability under the Revolver totals $350.0 million from April July August March. March 24, 2026 The Revolver is secured by substantially all of the Company’s accounts receivable and inventories and contains borrowing base requirements as well as a financial covenant, if certain circumstances apply. The Company utilizes its Revolver for general corporate purposes, including seasonal working capital needs, to pay debt principal and interest obligations, and to fund capital expenditures and acquisitions. Seasonal working capital needs are affected by the growing cycles of the fruits and vegetables the Company packages. The majority of vegetable inventories are produced during the months of June November three may one seven may The following table documents the quantitative data for short-term borrowings on the Revolver during fiscal years 2024 2023 As of: March 31, March 31, 2024 2023 Outstanding borrowings $ 237,225 $ 180,598 Interest rate 6.93 % 6.34 % Fiscal Year: 2024 2023 Maximum amount of borrowings drawn during the period $ 290,968 $ 350,828 Average outstanding borrowings $ 162,780 $ 159,670 Weighted average interest rate 6.78 % 5.03 % Term loans May 28, 2020, June 1, 2025 2021. On January 20, 2023, two Term Loan A- 1: 1 June 1, 2025 may no Term Loan A- 2: January 20, 2028 2 2 March 1, 2023. On May 23, 2023, 2 2 one 2” 2 2 June 1, 2023. 1 March 31, 2024, 2 The Amendment for Term Loan A- 1 2 2, The Term Loans permit the Company to participate in a patronage program. The program allows the Company to receive an annual patronage distribution from Farm Credit East, ACA, which is earned during a given calendar year period based on its eligible borrowings. The distribution is not fourth 2024, 2023 2022, 2024, Debt repayment requirements for the next five 2025 $ 19,000 2026 333,225 2027 15,000 2028 238,500 2029 - Thereafter - Total $ 605,725 Covenants and other debt matters 2024 March 31, 2024. The Company's debt agreements limit the payment of dividends and other distributions, subject to availability under the Revolver. There is an annual total distribution limitation of $50,000, less aggregate annual dividend payments totaling $23,181 that the Company presently pays on two 2, March 31, 2024. Standby letters of credit March 31, 2024,

Note 8 - Leases

Note 8 - Leases	12 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Lessee, Operating and Finance Leases [Text Block]	8. The Company determines whether an arrangement is a lease at inception of the agreement. Presently, the Company leases land, machinery and equipment under various operating and financing leases. Right-of-Use (“ROU”) assets represent the Company’s right to use the underlying assets for the lease term and lease obligations represent the net present value of the Company’s obligation to make payments arising from these leases. ROU assets and lease obligations are recognized at commencement date based on the present value of lease payments over the lease term using the implicit lease interest rate or, when unknown, an incremental borrowing rate based on the information available at commencement date or April 1, 2019 Lease terms may not 12 not The components of lease cost were as follows (in thousands): Fiscal Year: 2024 2023 2022 Lease cost: Amortization of right of use assets $ 6,134 $ 6,715 $ 5,970 Interest on lease liabilities 767 959 1,048 Finance lease cost 6,901 7,674 7,018 Operating lease cost 8,222 13,506 19,250 Short-term lease cost 5,335 5,589 5,879 Total lease cost $ 20,458 $ 26,769 $ 32,147 Fiscal Year: 2024 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from finance leases $ 767 $ 959 $ 1,048 Operating cash flows from operating leases 8,849 13,736 19,010 Financing cash flows from finance leases 7,956 8,814 7,868 $ 17,572 $ 23,509 $ 27,926 Right-of-use assets obtained in exchange for new finance lease liabilities $ 337 $ 5,825 $ 9,754 Right-of-use assets obtained in exchange for new operating lease liabilities $ 5,409 $ 4,362 $ 10,550 Weighted-average lease term (years): Financing leases 4.4 4.7 4.6 Operating leases 4.3 4.6 4.3 Weighted-average discount rate: Financing leases 4.0 % 3.8 % 3.4 % Operating leases 4.7 % 4.4 % 4.2 % Undiscounted future lease payments under non-cancelable operating and financing leases, along with a reconciliation of undiscounted cash flows to operating and financing lease obligations, respectively, as of March 31, 2024 Years ending March 31: Operating Financing 2025 $ 6,995 $ 5,371 2026 4,822 4,280 2027 3,692 3,218 2028 3,430 2,811 2029 973 1,659 2030-2034 2,003 1,306 Total minimum payment required $ 21,915 $ 18,645 Less interest 1,891 1,562 Present value of minimum lease payments 20,024 17,083 Amount due within one year 6,266 4,824 Long-term lease obligations $ 13,758 $ 12,259

Note 9 - Income Taxes

Note 9 - Income Taxes	12 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Income Tax Disclosure [Text Block]	9. The Company files a consolidated federal and various state income tax returns. The provision for income taxes is as follows (in thousands): Fiscal Year: 2024 2023 2022 Current: Federal $ 20,850 $ 5,819 $ 3,454 State 4,364 2,277 3,107 Total 25,214 8,096 6,561 Deferred: Federal $ (5,010 ) $ (3,886 ) $ 7,084 State (523 ) 352 50 Total (5,533 ) (3,534 ) 7,134 Total income taxes $ 19,681 $ 4,562 $ 13,695 A reconciliation of the expected U.S. statutory rate to the effective rate is as follows: Fiscal Year: 2024 2023 2022 Computed (expected tax rate) 21.0 % 21.0 % 21.0 % State income taxes (net of federal tax benefit) 3.6 % 4.1 % 3.7 % Federal credits -0.6 % -3.9 % -0.9 % State rate changes -0.2 % 2.8 % 0.3 % State credit expiration 0.0 % 2.1 % 0.9 % Change in valuation allowance 0.0 % 7.8 % -1.2 % Other -0.1 % -0.8 % -0.9 % Effective income tax rate 23.7 % 33.1 % 22.9 % The Company’s effective tax rate was 23.7%, 33.1%, and 22.9% in fiscal years 2024, 2023, 2022, 2023, not not 2023 not 2024, 2024 2023 2024 2023. In fiscal year 2023, not not 2023 2022. 2023 2022 The following is a summary of the significant components of the Company's deferred income tax assets and liabilities (in thousands): As of: March 31, March 31, 2024 2023 Deferred income tax assets: Future tax credits $ 4,884 $ 5,007 Inventory valuation 9,951 8,364 Employee benefits 2,739 2,335 Insurance 922 471 State depreciation basis differences 3,344 3,218 Operating leases 190 942 Intangibles 2,760 1,514 Pension and post-retirement benefits 8,734 7,117 Interest 18 8 Deferred revenue 260 296 Net operating loss and other tax attribute carryovers 558 1,233 Other 427 327 Total assets 34,787 30,832 Valuation allowance - noncurrent (4,884 ) (5,007 ) Total deferred income tax assets, net 29,903 25,825 Deferred income tax liabilities: Property basis and depreciation difference 25,260 26,450 Inventory reserve 3,091 2,101 Right-of-use assets 3,971 7,045 Pension 21,682 21,528 Other 219 182 Total liabilities 54,223 57,306 Deferred income tax liability, net $ (24,320 ) $ (31,481 ) Net deferred income tax liabilities of $24.3 million and $31.5 million as of March 31, 2024 2023, The Company has State tax credit carryforwards amounting to $1.5 million (California, net of Federal impact), $1.3 million (New York, net of Federal impact), and $2.1 million (Wisconsin, net of Federal impact), which are available to reduce future taxes payable in each respective state through 2028 2035 2038 March 31, 2024, 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 long-term liabilities on the Consolidated Balance Sheets which is reflective of their expected settlement date. The change in the liability for fiscal years 2024 2023 As of: March 31, March 31, 2024 2023 Beginning balance $ 742 $ 655 Tax positions related to current year: Additions 120 96 Tax positions related to prior years: Reductions (19 ) - Lapses in statues of limitations (13 ) (9 ) Ending balance $ 830 $ 742 The liability balances as of March 31, 2024 2023 not 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 fiscal years 2024 2023, not 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 net earnings of the Company. Conversely, if resolved favorably in the future, the related provisions would be reduced, thus having a positive impact on net earnings. During fiscal year 2024, one no twelve The federal income tax returns for fiscal years after 2021

Note 10 - Retirement Plans

Note 10 - Retirement Plans	12 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Retirement Benefits [Text Block]	10. The Company has a noncontributory defined benefit pension plan (the “Plan”) covering most employees who meet certain age-entry requirements and work a stated minimum number of hours per year. The Plan was amended to freeze accruals to new hires and rehires effective January 1, 2020. March 31, 2024 2023, 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, 2024 March 31, 2024 2023 Fiscal Year: 2024 2023 Change in benefit obligation Benefit obligation at beginning of year $ 235,038 $ 275,001 Service cost (excluding expenses) 5,505 7,429 Interest cost 11,388 9,254 Actuarial gain (4,674 ) (47,403 ) Benefit payments (10,750 ) (9,243 ) Benefit obligation at end of year $ 236,507 $ 235,038 Change in plan assets Fair value of plan assets at beginning of year $ 294,342 $ 327,867 Actual return on plan assets 6,428 (23,169 ) Benefit payments and expenses (11,821 ) (10,356 ) Fair value of plan assets at end of year $ 288,949 $ 294,342 Funded status $ 52,442 $ 59,304 The Plan’s funded status decreased by $6.9 million during fiscal year 2024 March 31, 2024. March 31, 2024 March 31, 2023. During fiscal year 2024, 2025 2023, 2024 March 31, 2023 March 31, 2024 The following table provides the components of the Plan’s accumulated other comprehensive loss, pre-tax (in thousands): Fiscal Year: 2024 2023 2022 Amounts Recognized in Accumulated Other Comprehensive Pre-Tax Loss Prior service cost $ (9 ) $ (75 ) $ (167 ) Net loss (34,883 ) (28,310 ) (36,136 ) Accumulated other comprehensive pre-tax loss $ (34,892 ) $ (28,385 ) $ (36,303 ) The following table provides the components of net periodic benefit cost for the Plan for fiscal years 2024, 2023, 2022 Fiscal Year: 2024 2023 2022 Service cost including administrative expenses $ 6,405 $ 8,240 $ 9,508 Interest cost 11,388 9,254 7,721 Expected return on plan assets (17,725 ) (16,104 ) (17,114 ) Amortization of net loss 220 - - Amortization of prior service cost 66 91 91 Net periodic benefit cost $ 354 $ 1,481 $ 206 The Company utilizes a full yield curve approach in the estimation of net periodic benefit cost components by applying the specific spot rates along the yield curve used in determination of the benefit obligation to their underlying projected cash flows. 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 following table provides the components of other changes in plan assets and benefit obligation for fiscal years 2024, 2023, 2022 Fiscal Year: 2024 2023 2022 Other Changes in Plan Assets and Benefit Obligation Recognized in Other Comprehensive Income Net actuarial loss (gain) $ 6,792 $ (7,827 ) $ 9,871 Amortization of: Prior service (cost) credit (65 ) (91 ) (91 ) Actuarial (loss) gain (220 ) - - Total recognized in other comprehensive income $ 6,507 $ (7,918 ) $ 9,780 The assumptions used to measure the Company’s benefit obligation and pension expense are shown in the following table: Fiscal Year: 2024 2023 2022 Weighted Average Assumptions for Balance Sheet Liability at End of Year: Discount rate - projected benefit obligation 5.31 % 5.04 % 3.81 % Rate of compensation increase 3.00 % 3.00 % 3.00 % Mortality table Pri-2012 Blue Collar Pri-2012 Blue Collar Pri-2012 Blue Collar Weighted Average Assumptions for Benefit Cost at Beginning of Year: Discount rate - benefit obligations 5.04 % 3.81 % 3.43 % Discount rate - interest cost 4.90 % 3.52 % 2.68 % Discount rate - service cost 5.16 % 3.93 % 3.75 % Expected return on plan assets 6.15 % 5.00 % 5.00 % Rate of compensation increase 3.00 % 3.00 % 3.00 % Plan Assets Investment Policy and Strategy - 2023, No 2024. The Company's plan assets consist of the following: Target Allocation for: Percentage of Plan Fiscal Year March 31, 2024 March 31, 2023 Equity securities 16 % 15 % 13 % Debt securities 80 % 80 % 75 % Real estate 2 % 2 % 8 % Cash 1 % 1 % 1 % Other 1 % 2 % 3 % Total 100 % 100 % 100 % The following tables set forth the Company’s plan assets at fair value, by level within the fair value hierarchy (as defined in Note 1 March 31, 2024 2023, As of March 31, 2024 Level 1 Level 2 and Level 3 Subtotal Measured Total Equity securities $ 26,371 $ - $ 26,371 $ - $ 26,371 Held in common/collective trusts: Equity securities - - - 17,730 17,730 Real estate - - - 4,509 4,509 Debt securities - - - 231,904 231,904 Cash/short-term investments (2) - - - 3,388 3,388 Other investments - - - 5,047 5,047 Fair value of plan assets $ 26,371 $ - $ 26,371 $ 262,578 $ 288,949 As of March 31, 2023 Level 1 Level 2 and Level 3 Subtotal Measured Total Equity securities $ 25,045 $ - $ 25,045 $ - $ 25,045 Held in common/collective trusts: Equity securities - - - 12,639 12,639 Real estate - - - 24,766 24,766 Debt securities - - - 219,767 219,767 Cash/short-term investments (2) - - - 2,799 2,799 Other investments - - - 9,326 9,326 Fair value of plan assets $ 25,045 $ - $ 25,045 $ 269,297 $ 294,342 ( 1 Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not ( 2 The cash/short term investments consist of a money market fund that holds individual, high quality, short duration fixed income investments, however the fund does not Expected Return on Plan Assets For fiscal year 2024, 2025, 35 65 2024 2025, Cash Flows Expected contributions for fiscal year ending March 31, 2025 Expected Employer Contributions $ - Expected Employee Contributions $ - Estimated future benefit payments reflecting expected future service for the fiscal years ending March 31 ( 2025 $ 11,422 2026 12,231 2027 13,041 2028 13,807 2029 14,465 2030 - 2034 79,850 401 The Company also has an employees’ savings 401 may 2024, 2023, 2022, Unfunded Deferred Compensation Plan The Company sponsors an unfunded nonqualified deferred compensation plan to permit certain eligible employees to defer receipt of a portion of their compensation to a future date. This plan was designed to compensate the plan participants that are ineligible to receive company contributions under the 401 March 31, 2024 2023,

Note 11 - Stockholders' Equity

Note 11 - Stockholders' Equity	12 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Equity [Text Block]	11. Equity Preferred Stock three 6% Class A Preferred Stock March 31, 2024, four ● 10% Voting Cumulative Convertible Preferred Stock - Series A March 31, 2024. one one 2024 2023, ● 10% Voting Cumulative Convertible Preferred Stock - Series B March 31, 2024. one one 2024 2023, ● Participating Convertible Preferred Stock, Series 1998 1998 one 2024 2023. 1998 March 31, 2024 may not may ● Participating Convertible Preferred Stock, Series 2003 2003 2003 March 31, 2024. may not may As of March 31, 2024, 6% Voting Cumulative Preferred Stock March 31, 2024. 2024 2023. Preferred Stock Without Par Value none March 31, 2024. Common Stock 1/20th one 2024, Unissued shares of common stock reserved for conversion privileges of designated non-participating preferred stock were 33,695 of both Class A and Class B as of March 31, 2024 2023. March 31, 2024 2023. Treasury Stock 2024 401 March 31, 2024, not 401 2024 10,

Note 12 - Fair Value of Financi

Note 12 - Fair Value of Financial Instruments	12 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Fair Value Disclosures [Text Block]	12. Cash and cash equivalents, restricted cash, accounts receivable, accounts payable, note payable, and accrued expenses are reflected in the Consolidated Balance Sheets at carrying value, which approximates fair value due to the short-term maturity of these instruments. The carrying amount and estimated fair values of the Company's long-term debt are summarized as follows (in thousands): As of: March 31, 2024 March 31, 2023 Carrying Estimated Carrying Estimated Amount Fair Value Amount Fair Value Long-term debt, including current portion $ 604,786 $ 599,408 $ 442,695 $ 436,293 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 13 - Segment Information

Note 13 - Segment Information	12 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	13. The Company conducts its business almost entirely in food packaging with two The Other category consists of the Company's non-food operations including revenue derived from the sale of cans, ends, seed, outside revenue from the Company's trucking and aircraft operations, and certain corporate items. These ancillary activities do not not one During the Company’s fiscal year 2024 17. one Segment information is provided on a FIFO basis which is consistent with how financial information is prepared internally and provided to the CODM. The LIFO impact on earnings (loss) before income taxes and total assets is shown separately for purposes of reconciling to the GAAP financial statement measure shown on the Consolidated Statements of Net Earnings and Consolidated Balance Sheets. Export sales represented 5.7%, 6.7% and 7.2% of total net sales in fiscal 2024, 2023 2022, The following table summarizes certain financial data for the Company’s reportable segments (in thousands): Fruit and Subtotal LIFO Vegetable Snack Other (FIFO basis) Impact Total Fiscal Year 2024: Net sales $ 1,325,618 $ 100,835 $ 32,150 $ 1,458,603 $ - $ 1,458,603 Earnings (loss) before income taxes 92,852 3,264 9,225 105,341 (22,342 ) 82,999 Interest expense, net of interest income 31,607 2,347 66 34,020 - 34,020 Capital expenditures 42,089 1,536 - 43,625 - 43,625 Depreciation and amortization 39,364 3,480 634 43,478 - 43,478 Total assets 1,604,449 100,627 3,703 1,708,779 (324,782 ) 1,383,997 Fiscal Year 2023: Net sales $ 1,374,468 $ 104,156 $ 30,728 $ 1,509,352 $ - $ 1,509,352 Earnings (loss) before income taxes 137,555 (3,935 ) 11,784 145,404 (131,611 ) 13,793 Interest expense, net of interest income 12,684 1,180 461 14,325 - 14,325 Capital expenditures 57,593 13,406 806 71,805 - 71,805 Depreciation and amortization 37,359 3,024 558 40,941 - 40,941 Total assets 1,415,857 95,658 3,646 1,515,161 (302,440 ) 1,212,721 Fiscal Year 2022: Net sales $ 1,259,878 $ 97,040 $ 28,362 $ 1,385,280 $ - $ 1,385,280 Earnings (loss) before income taxes 103,899 (7,623 ) 5,776 102,052 (42,157 ) 59,895 Interest expense, net of interest income 4,477 473 691 5,641 - 5,641 Capital expenditures 43,490 5,705 2,905 52,100 - 52,100 Depreciation and amortization 33,730 2,542 251 36,523 - 36,523 Total assets 1,025,840 84,087 3,176 1,113,103 (170,829 ) 942,274

Note 14 - Legal Proceedings and

Note 14 - Legal Proceedings and Other Contingencies	12 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Legal Matters and Contingencies [Text Block]	14. 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 15 - Plant Restructuring

Note 15 - Plant Restructuring	12 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Restructuring and Related Activities Disclosure [Text Block]	15. The following table summarizes the restructuring charges recorded and the accruals established during fiscal years 2024, 2023 2022 Severance Other Payable Costs Total Balance March 31, 2021 $ - $ - $ - Charge to expense - 70 70 Cash payments/write offs - (70 ) (70 ) Balance March 31, 2022 - - - Charge to expense 361 3,189 3,550 Cash payments/write offs (244 ) (3,189 ) (3,433 ) Balance March 31, 2023 117 - 117 Charge to expense 213 212 425 Cash payments/write offs (330 ) (212 ) (542 ) Balance March 31, 2024 $ - $ - $ - The restructuring charges pertain to the Vegetable reportable segment. During fiscal year 2024, 2023, 2022,

Note 16 - Related Party Transac

Note 16 - Related Party Transactions	12 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	16. During fiscal years 2024, 2023, 2022, 1% 2024, 2023, 2022, no The Company made charitable contributions to the Seneca Foods Foundation (the “Foundation”), a related party, in the amount of $1.0 million, $0.5 million and $1.0 million in fiscal years 2024, 2023 2022, The Company maintains a liability for retirement arrangements to beneficiaries that have family relationships to two March 31, 2024 2023,

Note 17 - Asset Acquisition

Note 17 - Asset Acquisition	12 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Asset Acquisition [Text Block]	17. On November 8, 2023, Green Giant Green Giant The transaction was accounted for as an asset acquisition in accordance with ASC 805, Business Combinations not

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]	Schedule II VALUATION AND QUALIFYING ACCOUNTS (In thousands) Seneca Foods Corporation 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, 2024: Allowance for doubtful accounts $ 34 $ 289 $ - $ 270 (a) $ 53 Income tax valuation allowance $ 5,007 $ (123 ) $ - $ - $ 4,884 Year-ended March 31, 2023: Allowance for doubtful accounts $ 54 $ (20 ) $ - $ - (a) $ 34 Income tax valuation allowance $ 3,931 $ 1,076 $ - $ - $ 5,007 Year-ended March 31, 2022: Allowance for doubtful accounts $ 339 $ (291 ) $ - $ (6 ) (a) $ 54 Income tax valuation allowance $ 4,674 $ (743 ) $ - $ - $ 3,931 (a) Accounts written off, net of recoveries.

Insider Trading Arrangements

Insider Trading Arrangements	12 Months Ended
	Mar. 31, 2024
Insider Trading Arr Line Items
Rule 10b5-1 Arrangement Adopted [Flag]	false
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false
Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
Nature of Operations, Policy [Policy Text Block]	Nature of Operations eight
Consolidation, Policy [Policy Text Block]	Principles of Consolidation
Use of Estimates, Policy [Policy Text Block]	Use of Estimates in the Preparation of Financial Statements
Reclassification, Comparability Adjustment [Policy Text Block]	Reclassification of Prior Year Balances no 2024,
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash, Cash Equivalents and Restricted Cash three not The following table reconciles cash, cash equivalents and restricted cash as reported on the Consolidated Balance Sheets to the total amounts shown in the Company’s Consolidated Statements of Cash Flows (in thousands): As of: March 31, March 31, 2024 2023 Cash and cash equivalents $ 4,483 $ 5,236 Restricted cash 7,370 7,020 Total cash, cash equivalents and restricted cash $ 11,853 $ 12,256
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Value of Financial Instruments 12, The three 1 3 three ● Level 1 ● Level 2 not ● Level 3 one
Receivable [Policy Text Block]	Accounts Receivable and Doubtful Accounts
Inventory, Policy [Policy Text Block]	Inventories first
Assets Held for Sale, Policy [Policy Text Block]	Assets Held for Sale one may one no
Property, Plant and Equipment, Policy [Policy Text Block]	Property, Plant and Equipment 2024, 2023 2022, Years Buildings and improvements 30 Land improvements 10 - 20 Machinery and equipment 5 - 15 Office equipment and furniture 3 - 5 Vehicles 3 - 5 Computer software 3 - 5
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]	Long-Lived Assets may not not 2024, 2023 2022.
Other Assets [Policy Text Block]	Other Assets March 31, 2024, one
Deferred Charges, Policy [Policy Text Block]	Deferred Financing Costs not March 31, 2024
Revenue from Contract with Customer [Policy Text Block]	Revenue Recognition 2, Trade Promotions may
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentration of Credit Risk not ten 2024 2023, not
Advertising Cost [Policy Text Block]	Advertising Costs 2024 2023 2022.
Income Tax, Policy [Policy Text Block]	Income 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.
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.
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Issued Accounting Standards December 2023, 2023 09, Income Taxes (Topic 740 2023 09” December 15, 2024, April 1, 2025, In November 2023, 2023 07, Segment Reporting (Topic 280 2023 07” December 15, 2023, December 15, 2024, April 1, 2024, All other newly issued accounting pronouncements not not not 2024.
Subsequent Events, Policy [Policy Text Block]	Subsequent Events

Note 1 - Summary of Significa_2

Note 1 - Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Cash and Cash Equivalents [Table Text Block]	As of: March 31, March 31, 2024 2023 Cash and cash equivalents $ 4,483 $ 5,236 Restricted cash 7,370 7,020 Total cash, cash equivalents and restricted cash $ 11,853 $ 12,256
Property, Plant and Equipment, Useful Life [Table Text Block]	Years Buildings and improvements 30 Land improvements 10 - 20 Machinery and equipment 5 - 15 Office equipment and furniture 3 - 5 Vehicles 3 - 5 Computer software 3 - 5

Note 2 - Revenue Recognition (T

Note 2 - Revenue Recognition (Tables)	12 Months Ended
	Mar. 31, 2024
Notes Tables
Disaggregation of Revenue [Table Text Block]	Fiscal Year: 2024 2023 2022 Canned vegetables $ 1,204,823 $ 1,253,257 $ 1,135,983 Frozen vegetables 120,795 121,211 123,895 Fruit products 87,435 91,495 84,708 Snack products 13,400 12,661 12,332 Other 32,150 30,728 28,362 Total $ 1,458,603 $ 1,509,352 $ 1,385,280
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]	Fiscal Year: 2024 2023 Beginning balance $ 9,956 $ 7,655 Deferral of revenue 19,200 19,857 Recognition of unearned revenue (17,049 ) (17,556 ) Settlement of liability (1) (3,922 ) - Ending balance $ 8,185 $ 9,956

Note 3 - Earnings Per Share (Ta

Note 3 - Earnings Per Share (Tables)	12 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Fiscal Year: 2024 2023 2022 Basic Net earnings $ 63,318 $ 9,231 $ 46,200 Deduct preferred stock dividends paid 23 23 23 Undistributed net earnings 63,295 9,208 46,177 Earnings attributable to participating preferred shareholders 72 30 178 Earnings attributable to common shareholders $ 63,223 $ 9,178 $ 45,999 Weighted average common shares outstanding 7,318 7,796 8,707 Basic earnings per common share $ 8.64 $ 1.19 $ 5.28 Diluted Earnings attributable to common shareholders $ 63,223 $ 9,178 $ 45,999 Add dividends on convertible preferred stock 20 20 20 Earnings attributable to common stock on a diluted basis $ 63,243 $ 9,198 $ 46,019 Weighted average common shares outstanding-basic 7,318 7,796 8,707 Additional shares to be issued under full conversion of preferred stock 67 67 67 Total shares for diluted 7,385 7,863 8,774 Diluted earnings per common share $ 8.56 $ 1.16 $ 5.24

Note 4 - Inventories (Tables)

Note 4 - Inventories (Tables)	12 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Inventory, Current [Table Text Block]	As of: March 31, March 31, 2024 2023 Finished products $ 795,993 $ 613,622 In process 125,027 75,123 Raw materials and supplies 276,454 284,593 1,197,474 973,338 Less excess of FIFO cost over LIFO cost 324,782 302,440 Total inventories $ 872,692 $ 670,898

Note 5 - Property, Plant and _2

Note 5 - Property, Plant and Equipment (Tables)	12 Months Ended
	Mar. 31, 2024
Notes Tables
Property, Plant and Equipment [Table Text Block]	As of: March 31, March 31, 2024 2023 Land and land improvements $ 49,627 $ 46,978 Buildings and improvements 236,141 214,110 Machinery and equipment 457,433 421,067 Office equipment, furniture, vehicles and computer software 14,971 11,738 Construction in progress 14,450 40,539 Property, plant and equipment, cost 772,622 734,432 Less: accumulated depreciation (467,606 ) (433,220 ) Property, plant and equipment, net $ 305,016 $ 301,212

Note 6 - Assets Held For Sale (

Note 6 - Assets Held For Sale (Tables)	12 Months Ended
	Mar. 31, 2024
Disposal Group, Held-for-Sale, Not Discontinued Operations [Member]
Notes Tables
Disposal Groups, Including Discontinued Operations [Table Text Block]	As of: March 31, March 31, 2024 2023 Property, plant and equipment (net) $ 64 $ 4,358 Current assets held for sale $ 64 $ 4,358

Note 7 - Debt (Tables)

Note 7 - Debt (Tables)	12 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Long-Term Debt Instruments [Table Text Block]	As of: March 31, March 31, 2024 2023 Revolving credit facility $ 237,225 $ 180,598 Term loans Term Loan A-1 Outstanding principal 85,000 89,000 Unamortized debt issuance costs (37 ) (68 ) Term Loan A-1, net 84,963 88,932 Term Loan A-2 Outstanding principal 283,500 173,500 Unamortized debt issuance costs (902 ) (551 ) Term Loan A-2, net 282,598 172,949 Other - 216 Total long-term debt 604,786 442,695 Less current portion 19,000 10,000 Long-term debt, less current portion $ 585,786 $ 432,695
Schedule of Line of Credit Facilities [Table Text Block]	As of: March 31, March 31, 2024 2023 Outstanding borrowings $ 237,225 $ 180,598 Interest rate 6.93 % 6.34 % Fiscal Year: 2024 2023 Maximum amount of borrowings drawn during the period $ 290,968 $ 350,828 Average outstanding borrowings $ 162,780 $ 159,670 Weighted average interest rate 6.78 % 5.03 %
Schedule of Maturities of Long-Term Debt [Table Text Block]	2025 $ 19,000 2026 333,225 2027 15,000 2028 238,500 2029 - Thereafter - Total $ 605,725

Note 8 - Leases (Tables)

Note 8 - Leases (Tables)	12 Months Ended
	Mar. 31, 2024
Notes Tables
Lease, Cost [Table Text Block]	Fiscal Year: 2024 2023 2022 Lease cost: Amortization of right of use assets $ 6,134 $ 6,715 $ 5,970 Interest on lease liabilities 767 959 1,048 Finance lease cost 6,901 7,674 7,018 Operating lease cost 8,222 13,506 19,250 Short-term lease cost 5,335 5,589 5,879 Total lease cost $ 20,458 $ 26,769 $ 32,147 Fiscal Year: 2024 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from finance leases $ 767 $ 959 $ 1,048 Operating cash flows from operating leases 8,849 13,736 19,010 Financing cash flows from finance leases 7,956 8,814 7,868 $ 17,572 $ 23,509 $ 27,926 Right-of-use assets obtained in exchange for new finance lease liabilities $ 337 $ 5,825 $ 9,754 Right-of-use assets obtained in exchange for new operating lease liabilities $ 5,409 $ 4,362 $ 10,550 Weighted-average lease term (years): Financing leases 4.4 4.7 4.6 Operating leases 4.3 4.6 4.3 Weighted-average discount rate: Financing leases 4.0 % 3.8 % 3.4 % Operating leases 4.7 % 4.4 % 4.2 %
Lessee, Lease Liability, Maturity [Table Text Block]	Years ending March 31: Operating Financing 2025 $ 6,995 $ 5,371 2026 4,822 4,280 2027 3,692 3,218 2028 3,430 2,811 2029 973 1,659 2030-2034 2,003 1,306 Total minimum payment required $ 21,915 $ 18,645 Less interest 1,891 1,562 Present value of minimum lease payments 20,024 17,083 Amount due within one year 6,266 4,824 Long-term lease obligations $ 13,758 $ 12,259

Note 9 - Income Taxes (Tables)

Note 9 - Income Taxes (Tables)	12 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Fiscal Year: 2024 2023 2022 Current: Federal $ 20,850 $ 5,819 $ 3,454 State 4,364 2,277 3,107 Total 25,214 8,096 6,561 Deferred: Federal $ (5,010 ) $ (3,886 ) $ 7,084 State (523 ) 352 50 Total (5,533 ) (3,534 ) 7,134 Total income taxes $ 19,681 $ 4,562 $ 13,695
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Fiscal Year: 2024 2023 2022 Computed (expected tax rate) 21.0 % 21.0 % 21.0 % State income taxes (net of federal tax benefit) 3.6 % 4.1 % 3.7 % Federal credits -0.6 % -3.9 % -0.9 % State rate changes -0.2 % 2.8 % 0.3 % State credit expiration 0.0 % 2.1 % 0.9 % Change in valuation allowance 0.0 % 7.8 % -1.2 % Other -0.1 % -0.8 % -0.9 % Effective income tax rate 23.7 % 33.1 % 22.9 %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	As of: March 31, March 31, 2024 2023 Deferred income tax assets: Future tax credits $ 4,884 $ 5,007 Inventory valuation 9,951 8,364 Employee benefits 2,739 2,335 Insurance 922 471 State depreciation basis differences 3,344 3,218 Operating leases 190 942 Intangibles 2,760 1,514 Pension and post-retirement benefits 8,734 7,117 Interest 18 8 Deferred revenue 260 296 Net operating loss and other tax attribute carryovers 558 1,233 Other 427 327 Total assets 34,787 30,832 Valuation allowance - noncurrent (4,884 ) (5,007 ) Total deferred income tax assets, net 29,903 25,825 Deferred income tax liabilities: Property basis and depreciation difference 25,260 26,450 Inventory reserve 3,091 2,101 Right-of-use assets 3,971 7,045 Pension 21,682 21,528 Other 219 182 Total liabilities 54,223 57,306 Deferred income tax liability, net $ (24,320 ) $ (31,481 )
Summary of Income Tax Contingencies [Table Text Block]	As of: March 31, March 31, 2024 2023 Beginning balance $ 742 $ 655 Tax positions related to current year: Additions 120 96 Tax positions related to prior years: Reductions (19 ) - Lapses in statues of limitations (13 ) (9 ) Ending balance $ 830 $ 742

Note 10 - Retirement Plans (Tab

Note 10 - Retirement Plans (Tables)	12 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Changes in Projected Benefit Obligations [Table Text Block]	Fiscal Year: 2024 2023 Change in benefit obligation Benefit obligation at beginning of year $ 235,038 $ 275,001 Service cost (excluding expenses) 5,505 7,429 Interest cost 11,388 9,254 Actuarial gain (4,674 ) (47,403 ) Benefit payments (10,750 ) (9,243 ) Benefit obligation at end of year $ 236,507 $ 235,038 Change in plan assets Fair value of plan assets at beginning of year $ 294,342 $ 327,867 Actual return on plan assets 6,428 (23,169 ) Benefit payments and expenses (11,821 ) (10,356 ) Fair value of plan assets at end of year $ 288,949 $ 294,342 Funded status $ 52,442 $ 59,304
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block]	Fiscal Year: 2024 2023 2022 Amounts Recognized in Accumulated Other Comprehensive Pre-Tax Loss Prior service cost $ (9 ) $ (75 ) $ (167 ) Net loss (34,883 ) (28,310 ) (36,136 ) Accumulated other comprehensive pre-tax loss $ (34,892 ) $ (28,385 ) $ (36,303 )
Schedule of Defined Benefit Plans Disclosures [Table Text Block]	Fiscal Year: 2024 2023 2022 Service cost including administrative expenses $ 6,405 $ 8,240 $ 9,508 Interest cost 11,388 9,254 7,721 Expected return on plan assets (17,725 ) (16,104 ) (17,114 ) Amortization of net loss 220 - - Amortization of prior service cost 66 91 91 Net periodic benefit cost $ 354 $ 1,481 $ 206
Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]	Fiscal Year: 2024 2023 2022 Other Changes in Plan Assets and Benefit Obligation Recognized in Other Comprehensive Income Net actuarial loss (gain) $ 6,792 $ (7,827 ) $ 9,871 Amortization of: Prior service (cost) credit (65 ) (91 ) (91 ) Actuarial (loss) gain (220 ) - - Total recognized in other comprehensive income $ 6,507 $ (7,918 ) $ 9,780
Defined Benefit Plan, Assumptions [Table Text Block]	Fiscal Year: 2024 2023 2022 Weighted Average Assumptions for Balance Sheet Liability at End of Year: Discount rate - projected benefit obligation 5.31 % 5.04 % 3.81 % Rate of compensation increase 3.00 % 3.00 % 3.00 % Mortality table Pri-2012 Blue Collar Pri-2012 Blue Collar Pri-2012 Blue Collar Weighted Average Assumptions for Benefit Cost at Beginning of Year: Discount rate - benefit obligations 5.04 % 3.81 % 3.43 % Discount rate - interest cost 4.90 % 3.52 % 2.68 % Discount rate - service cost 5.16 % 3.93 % 3.75 % Expected return on plan assets 6.15 % 5.00 % 5.00 % Rate of compensation increase 3.00 % 3.00 % 3.00 %
Schedule of Allocation of Plan Assets [Table Text Block]	Target Allocation for: Percentage of Plan Fiscal Year March 31, 2024 March 31, 2023 Equity securities 16 % 15 % 13 % Debt securities 80 % 80 % 75 % Real estate 2 % 2 % 8 % Cash 1 % 1 % 1 % Other 1 % 2 % 3 % Total 100 % 100 % 100 %
Defined Benefit Plan, Plan Assets, Category [Table Text Block]	As of March 31, 2024 Level 1 Level 2 and Level 3 Subtotal Measured Total Equity securities $ 26,371 $ - $ 26,371 $ - $ 26,371 Held in common/collective trusts: Equity securities - - - 17,730 17,730 Real estate - - - 4,509 4,509 Debt securities - - - 231,904 231,904 Cash/short-term investments (2) - - - 3,388 3,388 Other investments - - - 5,047 5,047 Fair value of plan assets $ 26,371 $ - $ 26,371 $ 262,578 $ 288,949 As of March 31, 2023 Level 1 Level 2 and Level 3 Subtotal Measured Total Equity securities $ 25,045 $ - $ 25,045 $ - $ 25,045 Held in common/collective trusts: Equity securities - - - 12,639 12,639 Real estate - - - 24,766 24,766 Debt securities - - - 219,767 219,767 Cash/short-term investments (2) - - - 2,799 2,799 Other investments - - - 9,326 9,326 Fair value of plan assets $ 25,045 $ - $ 25,045 $ 269,297 $ 294,342
Schedule of Expected Contributions [Table Text Block]	Expected Employer Contributions $ - Expected Employee Contributions $ -
Schedule of Expected Benefit Payments [Table Text Block]	2025 $ 11,422 2026 12,231 2027 13,041 2028 13,807 2029 14,465 2030 - 2034 79,850

Note 12 - Fair Value of Finan_2

Note 12 - Fair Value of Financial Instruments (Tables)	12 Months Ended
	Mar. 31, 2024
Notes Tables
Fair Value, by Balance Sheet Grouping [Table Text Block]	As of: March 31, 2024 March 31, 2023 Carrying Estimated Carrying Estimated Amount Fair Value Amount Fair Value Long-term debt, including current portion $ 604,786 $ 599,408 $ 442,695 $ 436,293

Note 13 - Segment Information (

Note 13 - Segment Information (Tables)	12 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Fruit and Subtotal LIFO Vegetable Snack Other (FIFO basis) Impact Total Fiscal Year 2024: Net sales $ 1,325,618 $ 100,835 $ 32,150 $ 1,458,603 $ - $ 1,458,603 Earnings (loss) before income taxes 92,852 3,264 9,225 105,341 (22,342 ) 82,999 Interest expense, net of interest income 31,607 2,347 66 34,020 - 34,020 Capital expenditures 42,089 1,536 - 43,625 - 43,625 Depreciation and amortization 39,364 3,480 634 43,478 - 43,478 Total assets 1,604,449 100,627 3,703 1,708,779 (324,782 ) 1,383,997 Fiscal Year 2023: Net sales $ 1,374,468 $ 104,156 $ 30,728 $ 1,509,352 $ - $ 1,509,352 Earnings (loss) before income taxes 137,555 (3,935 ) 11,784 145,404 (131,611 ) 13,793 Interest expense, net of interest income 12,684 1,180 461 14,325 - 14,325 Capital expenditures 57,593 13,406 806 71,805 - 71,805 Depreciation and amortization 37,359 3,024 558 40,941 - 40,941 Total assets 1,415,857 95,658 3,646 1,515,161 (302,440 ) 1,212,721 Fiscal Year 2022: Net sales $ 1,259,878 $ 97,040 $ 28,362 $ 1,385,280 $ - $ 1,385,280 Earnings (loss) before income taxes 103,899 (7,623 ) 5,776 102,052 (42,157 ) 59,895 Interest expense, net of interest income 4,477 473 691 5,641 - 5,641 Capital expenditures 43,490 5,705 2,905 52,100 - 52,100 Depreciation and amortization 33,730 2,542 251 36,523 - 36,523 Total assets 1,025,840 84,087 3,176 1,113,103 (170,829 ) 942,274

Note 15 - Plant Restructuring (

Note 15 - Plant Restructuring (Tables)	12 Months Ended
	Mar. 31, 2024
Notes Tables
Restructuring and Related Costs [Table Text Block]	Severance Other Payable Costs Total Balance March 31, 2021 $ - $ - $ - Charge to expense - 70 70 Cash payments/write offs - (70 ) (70 ) Balance March 31, 2022 - - - Charge to expense 361 3,189 3,550 Cash payments/write offs (244 ) (3,189 ) (3,433 ) Balance March 31, 2023 117 - 117 Charge to expense 213 212 425 Cash payments/write offs (330 ) (212 ) (542 ) Balance March 31, 2024 $ - $ - $ -

Schedule II - Valuation and Q_2

Schedule II - Valuation and Qualifying Accounts (Tables)	12 Months Ended
	Mar. 31, 2024
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, 2024: Allowance for doubtful accounts $ 34 $ 289 $ - $ 270 (a) $ 53 Income tax valuation allowance $ 5,007 $ (123 ) $ - $ - $ 4,884 Year-ended March 31, 2023: Allowance for doubtful accounts $ 54 $ (20 ) $ - $ - (a) $ 34 Income tax valuation allowance $ 3,931 $ 1,076 $ - $ - $ 5,007 Year-ended March 31, 2022: Allowance for doubtful accounts $ 339 $ (291 ) $ - $ (6 ) (a) $ 54 Income tax valuation allowance $ 4,674 $ (743 ) $ - $ - $ 3,931

Note 1 - Summary of Significa_3

Note 1 - Summary of Significant Accounting Policies (Details Textual) $ in Millions	12 Months Ended
	Mar. 31, 2024 USD ($)	Mar. 31, 2023 USD ($)	Mar. 31, 2022 USD ($)
Number of States in which Entity Operates	8
Interest Costs Capitalized	$ 0.7	$ 0.6	$ 0.4
Deposits Assets	18.7
Advertising Expense	$ 2.7	$ 2.2
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | Top Ten Customers [Member]
Concentration Risk, Percentage	52%	55%
Other Assets [Member]
Debt Issuance Costs, Net	$ 0.4
Current and Non-Current Portion of Long Term Debt [Member]
Debt Issuance Costs, Net	$ 0.9
Seneca Food Plants [Member]
Number of Real Estate Properties	26

Note 1 - Summary of Significa_4

Note 1 - Summary of Significant Accounting Policies - Schedule of Cash and Cash Equivalents (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Cash and cash equivalents	$ 4,483	$ 5,236
Restricted cash	7,370	7,020
Total cash, cash equivalents and restricted cash	$ 11,853	$ 12,256

Note 1 - Summary of Significa_5

Note 1 - Summary of Significant Accounting Policies - Estimated Useful Lives (Details)	Mar. 31, 2024
Building and Building Improvements [Member]
Useful Life (Year)	30 years
Land Improvements [Member] | Minimum [Member]
Useful Life (Year)	10 years
Land Improvements [Member] | Maximum [Member]
Useful Life (Year)	20 years
Machinery and Equipment [Member] | Minimum [Member]
Useful Life (Year)	5 years
Machinery and Equipment [Member] | Maximum [Member]
Useful Life (Year)	15 years
Furniture and Fixtures [Member] | Minimum [Member]
Useful Life (Year)	3 years
Furniture and Fixtures [Member] | Maximum [Member]
Useful Life (Year)	5 years
Vehicles [Member] | Minimum [Member]
Useful Life (Year)	3 years
Vehicles [Member] | Maximum [Member]
Useful Life (Year)	5 years
Software and Software Development Costs [Member] | Minimum [Member]
Useful Life (Year)	3 years
Software and Software Development Costs [Member] | Maximum [Member]
Useful Life (Year)	5 years

Note 2 - Revenue Recognition (D

Note 2 - Revenue Recognition (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Accrued Trade Promotions	$ 10	$ 5.3
Contract with Customer, Asset, after Allowance for Credit Loss, Current	$ 0.4	$ 0.6
Product Concentration Risk [Member] | Revenue Benchmark [Member] | Food Packaging [Member]
Concentration Risk, Percentage	98%

Note 2 - Revenue Recognition -

Note 2 - Revenue Recognition - Segment Revenue Disaggregated by Product Category Groups (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Net sales	$ 1,458,603	$ 1,509,352	$ 1,385,280
Canned Vegetables [Member]
Net sales	1,204,823	1,253,257	1,135,983
Frozen [Member]
Net sales	120,795	121,211	123,895
Fruit [Member]
Net sales	87,435	91,495	84,708
Snack [Member]
Net sales	13,400	12,661	12,332
Manufactured Product, Other [Member]
Net sales	$ 32,150	$ 30,728	$ 28,362

Note 2 - Revenue Recognition _2

Note 2 - Revenue Recognition - Summary of Deferred Revenue Activity (Details) - USD ($) $ in Thousands		12 Months Ended	13 Months Ended
		Mar. 31, 2024	Mar. 31, 2023
Beginning balance		$ 9,956	$ 7,655
Deferral of revenue		19,200	19,857
Recognition of unearned revenue		(17,049)	(17,556)
Settlement of liability (1)	[1]	(3,922)	0
Ending balance		$ 8,185	$ 9,956
[1]Represents settlement of a portion of the deferred revenue liability in connection with the asset acquisition discussed in Note 17.

Note 3 - Earnings Per Share - E

Note 3 - Earnings Per Share - Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Net earnings	$ 63,318	$ 9,231	$ 46,200
Deduct preferred stock dividends paid	23	23	23
Undistributed net earnings	63,295	9,208	46,177
Earnings attributable to participating preferred shareholders	72	30	178
Earnings attributable to common shareholders	$ 63,223	$ 9,178	$ 45,999
Weighted average common shares outstanding (in shares)	7,318	7,796	8,707
Basic earnings per common share (in dollars per share)	$ 8.64	$ 1.19	$ 5.28
Earnings attributable to common shareholders	$ 63,223	$ 9,178	$ 45,999
Add dividends on convertible preferred stock	20	20	20
Earnings attributable to common stock on a diluted basis	$ 63,243	$ 9,198	$ 46,019
Additional shares to be issued under full conversion of preferred stock (in shares)	67	67	67
Total shares for diluted (in shares)	7,385	7,863	8,774
Diluted earnings per common share (in dollars per share)	$ 8.56	$ 1.16	$ 5.24

Note 4 - Inventories (Details T

Note 4 - Inventories (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Inventory, LIFO Reserve	$ 324,782	$ 302,440
Inventory, LIFO Reserve, Period Charge	$ 22,300	$ 131,600

Note 4 - Inventories - Inventor

Note 4 - Inventories - Inventories by Category and Impact of Using LIFO Method (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Finished products	$ 795,993	$ 613,622
In process	125,027	75,123
Raw materials and supplies	276,454	284,593
FIFO Inventory Amount	1,197,474	973,338
Less excess of FIFO cost over LIFO cost	324,782	302,440
Total inventories	$ 872,692	$ 670,898

Note 5 - Property, Plant and _3

Note 5 - Property, Plant and Equipment (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Depreciation	$ 36.8	$ 33.9	$ 30.2

Note 5 - Property, Plant and _4

Note 5 - Property, Plant and Equipment - Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Property, Plant and Equipment, Gross	$ 772,622	$ 734,432
Less: accumulated depreciation	(467,606)	(433,220)
Property, plant and equipment, net	305,016	301,212
Land and Land Improvements [Member]
Property, Plant and Equipment, Gross	49,627	46,978
Building and Building Improvements [Member]
Property, Plant and Equipment, Gross	236,141	214,110
Machinery and Equipment [Member]
Property, Plant and Equipment, Gross	457,433	421,067
Office Furniture, Vehicles and Computer Software [Member]
Property, Plant and Equipment, Gross	14,971	11,738
Construction in Progress [Member]
Property, Plant and Equipment, Gross	$ 14,450	$ 40,539

Note 6 - Assets Held For Sale_2

Note 6 - Assets Held For Sale (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2024
Disposal Group, Not Discontinued Operation, Loss (Gain) on Write-down	$ 2.3	$ 0.1
Other Accrued Expenses [Member]
Deposit Liability, Current	0.6
Disposal Group, Held-for-Sale, Not Discontinued Operations [Member] | Land [Member]
Disposal Group, Including Discontinued Operation, Property, Plant and Equipment			$ 0.1
Disposal Group, Held-for-Sale, Not Discontinued Operations [Member] | Manufacturing Facility [Member]
Disposal Group, Including Discontinued Operation, Property, Plant and Equipment	3.1
Disposal Group, Held-for-Sale, Not Discontinued Operations [Member] | Equipment [Member]
Disposal Group, Including Discontinued Operation, Property, Plant and Equipment	$ 1.2

Note 6 - Assets Held For Sale -

Note 6 - Assets Held For Sale - Assets and Liabilities Held For Sale (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Current assets held for sale	$ 64	$ 4,358
Disposal Group, Held-for-Sale, Not Discontinued Operations [Member]
Property, plant and equipment (net)	64	4,358
Current assets held for sale	$ 64	$ 4,358

Note 7 - Debt (Details Textual)

Note 7 - Debt (Details Textual) - USD ($)			3 Months Ended	12 Months Ended
	May 23, 2023	Jan. 20, 2023	Jul. 01, 2023	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022	Mar. 08, 2024	Jul. 31, 2023	Mar. 24, 2021	May 28, 2020
Accounts Receivable, Vegetable and Fruit Products Sold, Standard Payment Term (Month)						3 months
Long-Term Debt				$ 605,725,000
Statutory Accounting Practices, Statutory Amount Available for Dividend Payments without Regulatory Approval				50,000
Dividends, Preferred Stock, Cash				23,181
Pledged Assets Not Separately Reported, Fixed Assets				1,074,100,000
Long-Term Line of Credit				$ 237,225,000	$ 180,598,000
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]				Secured Overnight Financing Rate (SOFR) [Member]
Term Loan A-1 [Member]
Debt Instrument, Interest Rate, Stated Percentage		3.3012%
Debt Instrument, Periodic Payment, Principal			$ 1,000,000
Long-Term Debt		$ 100,000,000		$ 84,963,000	88,932,000
Debt Instrument, Maturity Date		Jun. 01, 2025
Term Loan A-2 [Member]
Debt Instrument, Periodic Payment, Principal		$ 1,500,000
Long-Term Debt	$ 173,500,000	$ 175,000,000		$ 282,598,000	172,949,000
Debt Instrument, Maturity Date		Jan. 20, 2028
Second Amended and Restated Loan and Guaranty Agreement Amendment One with Farm Credit East, ACA [Member]
Debt Instrument, Face Amount	125,000,000
Amended Term Loan A-2 [Member]
Debt Instrument, Interest Rate, Stated Percentage				7.34%
Debt Instrument, Periodic Payment, Principal	3,750,000
Long-Term Debt	$ 298,500,000
Debt Instrument, Unamortized Discount				$ 1,100,000
Term Loan [Member]
Proceeds from Patronage Distributions				3,700,000	$ 900,000	$ 1,100,000
Debt Agreements, Financial Covenants, Minimum EBITDA				75,000,000
Minimum [Member]
Accounts Receivable, Vegetable and Fruit Products Sold, Maximum Payment Term (Month)						1 month
Maximum [Member]
Accounts Receivable, Vegetable and Fruit Products Sold, Maximum Payment Term (Month)						7 months
Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity During Nonproduction Period									$ 400,000,000
Line of Credit Facility, Maximum Borrowing Capacity, Increase							$ 50,000,000
Line of Credit Facility, Maximum Borrowing Capacity During Production Period				$ 400,000,000				$ 350,000,000
Debt Instrument, Covenant, Maximum Percentage of Commitments for Available Line of Credit that Requires Minimum Fixed Charge Coverage Ratio				10%
Debt Instrument, Covenant, Maximum Amount for Available Line of Credit that Requires Minimum Fixed Charge Coverage Ratio				$ 25,000,000
Standby Letters of Credit [Member]
Long-Term Line of Credit				6,500,000
Unsecured Note Payable [Member]
Notes Payable				$ 8,900,000
Debt Instrument, Basis Spread on Variable Rate				1.80%
Debt Instrument, Interest Rate, Effective Percentage				7.13%
Term Loan Payable to Farm Credit East ACA [Member]
Debt Instrument, Face Amount										$ 100,000,000
Debt Instrument, Interest Rate, Stated Percentage			3.3012%

Note 7 - Debt - Summary of Long

Note 7 - Debt - Summary of Long-term Debt (Details) - USD ($) $ in Thousands	Mar. 31, 2024	May 23, 2023	Mar. 31, 2023	Jan. 20, 2023
Long-term debt	$ 605,725
Total	605,725
Total long-term debt	604,786		$ 442,695
Less current portion	19,000		10,000
Long-term debt, less current portion	585,786		432,695
Line of Credit [Member]
Long-term debt	237,225		180,598
Total	237,225		180,598
Term Loan A-1 [Member]
Long-term debt	84,963		88,932	$ 100,000
Outstanding principal	85,000		89,000
Unamortized debt issuance costs	(37)		(68)
Total	84,963		88,932	100,000
Term Loan A-2 [Member]
Long-term debt	282,598	$ 173,500	172,949	175,000
Outstanding principal	283,500		173,500
Unamortized debt issuance costs	(902)		(551)
Total	282,598	$ 173,500	172,949	$ 175,000
Other [Member]
Long-term debt	0		216
Total	$ 0		$ 216

Note 7 - Debt - Revolving Line

Note 7 - Debt - Revolving Line of Credit Summary (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Outstanding borrowings	$ 237,225	$ 180,598
Interest rate	6.93%	6.34%
Maximum amount of borrowings drawn during the period	$ 290,968	$ 350,828
Average outstanding borrowings	$ 162,780	$ 159,670
Weighted average interest rate	6.78%	5.03%

Note 7 - Debt - Debt Repayment

Note 7 - Debt - Debt Repayment Requirements (Details) $ in Thousands	Mar. 31, 2024 USD ($)
2025	$ 19,000
2026, debt	333,225
2027, debt	15,000
2028, debt	238,500
2029, debt	0
Thereafter, debt	0
Total	$ 605,725

Note 8 - Leases - Lease Expense

Note 8 - Leases - Lease Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Amortization of right of use assets	$ 6,134	$ 6,715	$ 5,970
Interest on lease liabilities	767	959	1,048
Finance lease cost	6,901	7,674	7,018
Operating lease cost	8,222	13,506	19,250
Short-term lease cost	5,335	5,589	5,879
Total lease cost	20,458	26,769	32,147
Operating cash flows from finance leases	767	959	1,048
Operating cash flows from operating leases	8,849	13,736	19,010
Financing cash flows from finance leases	7,956	8,814	7,868
Payments for Amounts Included in the Measurement of Lease Liabilities, Total	17,572	23,509	27,926
Right-of-use assets obtained in exchange for new finance lease liabilities	337	5,825	9,754
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 5,409	$ 4,362	$ 10,550
Financing leases (Year)	4 years 4 months 24 days	4 years 8 months 12 days	4 years 7 months 6 days
Operating leases, lease term (Year)	4 years 3 months 18 days	4 years 7 months 6 days	4 years 3 months 18 days
Financing leases	4%	3.80%	3.40%
Operating leases, discount rate	4.70%	4.40%	4.20%

Note 8 - Leases - Undiscounted

Note 8 - Leases - Undiscounted Future Lease Payments Under Operating Leases and Financial Leases (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
2025, operating	$ 6,995
2025, financing	5,371
2026, operating	4,822
2026, financing	4,280
2027, operating	3,692
2027, financing	3,218
2028, operating	3,430
2028, financing	2,811
2029, operating	973
2029, financing	1,659
2030-2034, operating	2,003
2030-2034, financing	1,306
Total minimum payment required, operating	21,915
Total minimum payment required, financing	18,645
Less interest, operating	1,891
Less interest, financing	1,562
Present value of minimum lease payments, operating	20,024
Present value of minimum lease payments, financing	17,083
Amount due within one year, operating	6,266
Amount due within one year, financing	4,824
Long-term lease obligations, operating	13,758	$ 16,675
Long-term lease obligations, financing	$ 12,259	$ 17,293

Note 9 - Income Taxes (Details

Note 9 - Income Taxes (Details Textual) - USD ($) $ in Thousands		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2025	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Effective Income Tax Rate Reconciliation, Percent			23.70%	33.10%	22.90%
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Percent			0%	7.80%	1.20%
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Percent			0.20%	2.80%	0.30%
Effective Income Tax Rate Reconciliation, Tax Credit, Federal, Percent			3.30%
Deferred Income Tax Liabilities, Net	$ 31,481		$ 24,320	$ 31,481
Tax Credit Carryforward, Valuation Allowance			4,900
Unrecognized Tax Benefits, Reduction Resulting from Lapse of Applicable Statute of Limitations			13	$ 9
Forecast [Member]
Unrecognized Tax Benefits, Reduction Resulting from Lapse of Applicable Statute of Limitations		$ 500
California Franchise Tax Board [Member]
Tax Credit Carryforward, Amount			1,500
New York State Division of Taxation and Finance [Member]
Tax Credit Carryforward, Amount			1,300
Wisconsin Department of Revenue [Member]
Tax Credit Carryforward, Amount			$ 2,100
State and Local Jurisdiction [Member]
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Percent			(3.00%)	2.50%
Valuation Allowance Against State Tax Credits [Member]
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Percent	7.80%		0%	9%

Note 9 - Income Taxes - Provisi

Note 9 - Income Taxes - Provision of Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Federal	$ 20,850	$ 5,819	$ 3,454
State	4,364	2,277	3,107
Total	25,214	8,096	6,561
Federal	(5,010)	(3,886)	7,084
State	(523)	352	50
Total	(5,533)	(3,534)	7,134
Total income taxes	$ 19,681	$ 4,562	$ 13,695

Note 9 - Income Taxes - Reconci

Note 9 - Income Taxes - Reconciliation of Income Tax Rate (Details)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Computed (expected tax rate)	21%	21%	21%
State income taxes (net of federal tax benefit)	3.60%	4.10%	3.70%
Federal credits	0.60%	3.90%	0.90%
State rate changes	0.20%	2.80%	0.30%
State credit expiration	0%	2.10%	0.90%
Change in valuation allowance	0%	7.80%	1.20%
Other	0.10%	0.80%	0.90%
Effective income tax rate	23.70%	33.10%	22.90%

Note 9 - Income Taxes - Deferre

Note 9 - Income Taxes - Deferred Income Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Future tax credits	$ 4,884	$ 5,007
Inventory valuation	9,951	8,364
Employee benefits	2,739	2,335
Insurance	922	471
State depreciation basis differences	3,344	3,218
Operating leases	190	942
Intangibles	2,760	1,514
Pension and post-?retirement benefits	8,734	7,117
Interest	18	8
Deferred revenue	260	296
Net operating loss and other tax attribute carryovers	558	1,233
Other	427	327
Total assets	34,787	30,832
Valuation allowance - noncurrent	(4,884)	(5,007)
Total deferred income tax assets, net	29,903	25,825
Property basis and depreciation difference	25,260	26,450
Inventory reserve	3,091	2,101
Right-of-use assets	3,971	7,045
Pension	21,682	21,528
Other	219	182
Total liabilities	(54,223)	(57,306)
Deferred income tax liability, net	$ (24,320)	$ (31,481)

Note 9 - Income Taxes - Uncerta

Note 9 - Income Taxes - Uncertain Tax Positions (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Beginning balance	$ 742	$ 655
Additions	120	96
Reductions	(19)	0
Lapses in statues of limitations	(13)	(9)
Ending balance	$ 830	$ 742

Note 10 - Retirement Plans (Det

Note 10 - Retirement Plans (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024		Mar. 31, 2023		Mar. 31, 2022
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 0		$ 0
Increase Decrease In Unfunded status	(6,900)
Defined Benefit Plan, Plan Assets, Period Increase (Decrease)	(5,400)
Defined Benefit Plan, Benefit Obligation, Period Increase (Decrease)	1,500
Defined Benefit Plan, Accumulated Benefit Obligation	219,300		217,400
Defined Benefit Plan, Plan Assets, Amount	$ 288,949	[1]	$ 294,342	[1]	$ 327,867
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	100%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-Term Rate of Return on Plan Assets	6.15%		5%		5%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Change Due to Subsequent Interim Measurement, Weighted-Average Expected Long-Term Rate of Return on Plan Assets	6.55%
Defined Benefit Plan, Benefit Obligation	$ 236,507		$ 235,038		$ 275,001
Unfunded Deferred Compensation Plan [Member]
Defined Benefit Plan, Benefit Obligation	2,500		1,700
Employees’ Savings 401(k) Plan [Member]
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 2,500		$ 1,500		$ 1,100
Diversified Mix of Return-seeking Investments [Member]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage			20%
Fixed Income Investment [Member]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage			80%
[1]Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy but are included to reconcile to the amounts presented in our benefit obligations and funded status table.

Note 10 - Retirement Plans - St

Note 10 - Retirement Plans - Statement of Unfunded Status (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024		Mar. 31, 2023		Mar. 31, 2022
Benefit obligation at beginning of year	$ 235,038		$ 275,001
Service cost (excluding expenses)	5,505		7,429
Interest cost	11,388		9,254		$ 7,721
Actuarial gain	(4,674)		(47,403)
Benefit payments	(10,750)		(9,243)
Benefit obligation at end of year	236,507		235,038		275,001
Fair value of plan assets at beginning of year	294,342	[1]	327,867
Actual return on plan assets	6,428		(23,169)
Benefit payments and expenses	(11,821)		(10,356)
Fair value of plan assets at end of year	288,949	[1]	294,342	[1]	$ 327,867
Funded status	$ 52,442		$ 59,304
[1]Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy but are included to reconcile to the amounts presented in our benefit obligations and funded status table.

Note 10 - Retirement Plans - Am

Note 10 - Retirement Plans - Amounts Recognized in Accumulated Other Comprehensive (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Prior service cost	$ (9)	$ (75)	$ (167)
Net loss	(34,883)	(28,310)	(36,136)
Accumulated other comprehensive pre-tax loss	$ (34,892)	$ (28,385)	$ (36,303)

Note 10 - Retirement Plans - Ne

Note 10 - Retirement Plans - Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Service cost including administrative expenses	$ 6,405	$ 8,240	$ 9,508
Interest cost	11,388	9,254	7,721
Expected return on plan assets	(17,725)	(16,104)	(17,114)
Amortization of net loss	220	0	0
Amortization of prior service cost	66	91	91
Net periodic benefit cost	$ 354	$ 1,481	$ 206

Note 10 - Retirement Plans - Ot

Note 10 - Retirement Plans - Other Changes in Plan Assets and Benefit Obligation (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Net actuarial loss (gain)	$ 6,792	$ (7,827)	$ 9,871
Prior service (cost) credit	(65)	(91)	(91)
Actuarial (loss) gain	(220)	0	0
Total recognized in other comprehensive income	$ 6,507	$ (7,918)	$ 9,780

Note 10 - Retirement Plans - As

Note 10 - Retirement Plans - Assumptions Used to Measure (Details)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Discount rate - projected benefit obligation	5.31%	5.04%	3.81%
Rate of compensation increase	3%	3%	3%
Discount rate - benefit obligations	5.04%	3.81%	3.43%
Discount rate - interest cost	4.90%	3.52%	2.68%
Discount rate - service cost	5.16%	3.93%	3.75%
Expected return on plan assets	6.15%	5%	5%
Rate of compensation increase	3%	3%	3%

Note 10 - Retirement Plans - Pl

Note 10 - Retirement Plans - Plan Assets (Details)	Mar. 31, 2024	Mar. 31, 2023
Target Allocation	100%
Percentage of Plan Assets	100%	100%
Defined Benefit Plan, Equity Securities [Member]
Target Allocation	16%
Percentage of Plan Assets	15%	13%
Defined Benefit Plan, Debt Security [Member]
Target Allocation	80%
Percentage of Plan Assets	80%	75%
Employee Benefit Plan, Real Estate [Member]
Target Allocation	2%
Percentage of Plan Assets	2%	8%
Defined Benefit Plan, Cash [Member]
Target Allocation	1%
Percentage of Plan Assets	1%	1%
Defined Benefit Plan, Other [Member]
Target Allocation	1%
Percentage of Plan Assets	2%	3%

Note 10 - Retirement Plans - Fa

Note 10 - Retirement Plans - Fair Value of Plan Assets (Details) - USD ($) $ in Thousands		Mar. 31, 2024		Mar. 31, 2023		Mar. 31, 2022
Plan Assets, Amount		$ 288,949	[1]	$ 294,342	[1]	$ 327,867
Defined Benefit Plan, Equity Securities [Member]
Plan Assets, Amount	[1]	26,371		25,045
Defined Benefit Plan, Equity Securities Held in Common Collective Trusts [Member]
Plan Assets, Amount	[1]	17,730		12,639
Defined Benefit Plan, Real Estate Held in Common Collective Trusts [Member]
Plan Assets, Amount	[1]	4,509		24,766
Defined Benefit Plan, Debt Security Held in Common Collective Trusts [Member]
Plan Assets, Amount	[1]	231,904		219,767
Defined Benefit Plan, Cash and Short-term Investments Held in Common Collective Trusts [Member]
Plan Assets, Amount	[1],[2]	3,388		2,799
Other Investments [Member]
Plan Assets, Amount	[1]	5,047		9,326
Fair Value, Inputs, Level 1 [Member]
Plan Assets, Amount		26,371		25,045
Fair Value, Inputs, Level 1 [Member] | Defined Benefit Plan, Equity Securities [Member]
Plan Assets, Amount		26,371		25,045
Fair Value, Inputs, Level 1 [Member] | Defined Benefit Plan, Equity Securities Held in Common Collective Trusts [Member]
Plan Assets, Amount		0		0
Fair Value, Inputs, Level 1 [Member] | Defined Benefit Plan, Real Estate Held in Common Collective Trusts [Member]
Plan Assets, Amount		0		0
Fair Value, Inputs, Level 1 [Member] | Defined Benefit Plan, Debt Security Held in Common Collective Trusts [Member]
Plan Assets, Amount		0		0
Fair Value, Inputs, Level 1 [Member] | Defined Benefit Plan, Cash and Short-term Investments Held in Common Collective Trusts [Member]
Plan Assets, Amount	[2]	0		0
Fair Value, Inputs, Level 1 [Member] | Other Investments [Member]
Plan Assets, Amount		0		0
Fair Value, Inputs, Level 2 and Level 3 [Member]
Plan Assets, Amount		0		0
Fair Value, Inputs, Level 2 and Level 3 [Member] | Defined Benefit Plan, Equity Securities [Member]
Plan Assets, Amount		0		0
Fair Value, Inputs, Level 2 and Level 3 [Member] | Defined Benefit Plan, Equity Securities Held in Common Collective Trusts [Member]
Plan Assets, Amount		0		0
Fair Value, Inputs, Level 2 and Level 3 [Member] | Defined Benefit Plan, Real Estate Held in Common Collective Trusts [Member]
Plan Assets, Amount		0		0
Fair Value, Inputs, Level 2 and Level 3 [Member] | Defined Benefit Plan, Debt Security Held in Common Collective Trusts [Member]
Plan Assets, Amount		0		0
Fair Value, Inputs, Level 2 and Level 3 [Member] | Defined Benefit Plan, Cash and Short-term Investments Held in Common Collective Trusts [Member]
Plan Assets, Amount	[2]	0		0
Fair Value, Inputs, Level 2 and Level 3 [Member] | Other Investments [Member]
Plan Assets, Amount		0		0
Fair Value, Inputs, Level 1, Level 2, and Level 3 [Member]
Plan Assets, Amount		26,371		25,045
Fair Value, Inputs, Level 1, Level 2, and Level 3 [Member] | Defined Benefit Plan, Equity Securities [Member]
Plan Assets, Amount		26,371		25,045
Fair Value, Inputs, Level 1, Level 2, and Level 3 [Member] | Defined Benefit Plan, Equity Securities Held in Common Collective Trusts [Member]
Plan Assets, Amount		0		0
Fair Value, Inputs, Level 1, Level 2, and Level 3 [Member] | Defined Benefit Plan, Real Estate Held in Common Collective Trusts [Member]
Plan Assets, Amount		0		0
Fair Value, Inputs, Level 1, Level 2, and Level 3 [Member] | Defined Benefit Plan, Debt Security Held in Common Collective Trusts [Member]
Plan Assets, Amount		0		0
Fair Value, Inputs, Level 1, Level 2, and Level 3 [Member] | Defined Benefit Plan, Cash and Short-term Investments Held in Common Collective Trusts [Member]
Plan Assets, Amount	[2]	0		0
Fair Value, Inputs, Level 1, Level 2, and Level 3 [Member] | Other Investments [Member]
Plan Assets, Amount		0		0
Fair Value Measured at Net Asset Value Per Share [Member]
Plan Assets, Amount		262,578		269,297
Fair Value Measured at Net Asset Value Per Share [Member] | Defined Benefit Plan, Equity Securities [Member]
Plan Assets, Amount		0		0
Fair Value Measured at Net Asset Value Per Share [Member] | Defined Benefit Plan, Equity Securities Held in Common Collective Trusts [Member]
Plan Assets, Amount		17,730		12,639
Fair Value Measured at Net Asset Value Per Share [Member] | Defined Benefit Plan, Real Estate Held in Common Collective Trusts [Member]
Plan Assets, Amount		4,509		24,766
Fair Value Measured at Net Asset Value Per Share [Member] | Defined Benefit Plan, Debt Security Held in Common Collective Trusts [Member]
Plan Assets, Amount		231,904		219,767
Fair Value Measured at Net Asset Value Per Share [Member] | Defined Benefit Plan, Cash and Short-term Investments Held in Common Collective Trusts [Member]
Plan Assets, Amount	[2]	3,388		2,799
Fair Value Measured at Net Asset Value Per Share [Member] | Other Investments [Member]
Plan Assets, Amount		$ 5,047		$ 9,326
[1]Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy but are included to reconcile to the amounts presented in our benefit obligations and funded status table.[2]The cash/short term investments consist of a money market fund that holds individual, high quality, short duration fixed income investments, however the fund does not trade on public markets. The Company elected to consistently apply the practical expedient to all investments within common/collective trusts, and therefore, the fair value of this fund is measured at net asset value per share.

Note 10 - Retirement Plans - Ex

Note 10 - Retirement Plans - Expected Contributions (Details) $ in Thousands	Mar. 31, 2024 USD ($)
Expected Employer Contributions	$ 0
Expected Employee Contributions	$ 0

Note 10 - Retirement Plans - Es

Note 10 - Retirement Plans - Estimated Future Benefit Payments (Details) $ in Thousands	Mar. 31, 2024 USD ($)
2025	$ 11,422
2026	12,231
2027	13,041
2028	13,807
2029	14,465
2030-2034	$ 79,850

Note 11 - Stockholders' Equity

Note 11 - Stockholders' Equity (Details Textual) - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2003
Dividends, Preferred Stock, Cash	$ 23,181
Common Stock, Capital Shares Reserved for Future Issuance (in shares)	33,695	33,695
Treasury Stock, Shares, Acquired (in shares)	5,145,418
Treasury Stock, Value	$ 200,107,000	$ 168,573,000
Defined Contribution Plan, Employer Discretionary Contribution Share Amount (in shares)	55,055
Defined Contribution Plan, Employer Discretionary Contribution Value of Shares	$ 1,500,000
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
Series A Preferred Stock [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, Dividend Rate, Percentage	10%
Preferred Stock, Stated Value Per Share (in dollars per share)	$ 0.25
Dividends, Preferred Stock, Cash	$ 10,181	10,181
Preferred Stock, Shares Non-designated (in shares)	6,791,708
Cumulative Convertible Preferred Stock, Series A, 10 Percent [Member]
Preferred Stock, Shares Authorized (in shares)	1,000,000
Preferred Stock, Dividend Rate, Percentage	10%
Preferred Stock, Shares Outstanding (in shares)	407,240
Series B Preferred Stock [Member]
Preferred Stock, Shares Authorized (in shares)	400,000
Preferred Stock, Par or Stated Value Per Share (in dollars per share)	$ 0.025
Preferred Stock, Dividend Rate, Percentage	10%
Preferred Stock, Shares Outstanding (in shares)	400,000
Preferred Stock, Stated Value Per Share (in dollars per share)	$ 0.25
Dividends, Preferred Stock, Cash	$ 10,000	$ 10,000
Convertible Preferred Stock [Member]
Preferred Stock, Shares Outstanding (in shares)	8,292
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
Conversion of Stock, Shares Converted (in shares)	0
Series 2003 Convertible Preferred Stock [Member]
Preferred Stock, Shares Authorized (in shares)	0
Preferred Stock, Shares Outstanding (in shares)	0	0	500
Preferred Stock, Liquidation Preference Per Share (in dollars per share)	$ 15.5
Preferred Stock, Shares Issued (in shares)				967,742
Sale of Stock, Price Per Share (in dollars per share)	$ 16.6
Cumulative Preferred Stock [Member]
Preferred Stock, Shares Authorized (in shares)	200,000
Preferred Stock, Par or Stated Value Per Share (in dollars per share)	$ 0.25
Preferred Stock, Dividend Rate, Percentage	6%
Preferred Stock, Shares Outstanding (in shares)	200,000	200,000	200,000
Dividends, Preferred Stock, Cash	$ 3,000	$ 3,000
Preferred Stock, Dividends, Per Share, Cash Paid (in dollars per share)	$ 0.015
No Par Value Preferred Stock [Member]
Preferred Stock, Shares Authorized (in shares)	30,000
Preferred Stock, Shares Outstanding (in shares)	0
Common Class A [Member]
Voting Rights, Percentage of Vote Per Share	0.05%
Stock Issued During Period, Shares, Employee Stock Ownership Plan (in shares)	4,864
Common Stock, Capital Shares Reserved for Future Issuance (in shares)	8,292	8,292
Treasury Stock, Value, Acquired, Cost Method	$ 33,000,000
Treasury Stock, Shares, Acquired (in shares)	634,231
Common Class B [Member]
Stock Issued During Period, Profit Sharing Bonus Plan (in shares)	1,571
Treasury Stock, Shares, Acquired (in shares)	0

Note 12 - Fair Value of Finan_3

Note 12 - Fair Value of Financial Instruments - Fair Value and Carrying Value of Long-term Debt (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Reported Value Measurement [Member]
Long-term debt, including current portion	$ 604,786	$ 442,695
Estimate of Fair Value Measurement [Member]
Long-term debt, including current portion	$ 599,408	$ 436,293

Note 13 - Segment Information_2

Note 13 - Segment Information (Details Textual)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Number of Reportable Segments	2
Revenue Benchmark [Member] | Geographic Concentration Risk [Member] | Non-US [Member]
Concentration Risk, Percentage	5.70%	6.70%	7.20%

Note 13 - Segment Information -

Note 13 - Segment Information - Segment Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Net sales	$ 1,458,603	$ 1,509,352	$ 1,385,280
Earnings (loss) before income taxes	82,999	13,793	59,895
Interest expense, net of interest income	34,020	14,325	5,641
Capital expenditures	36,637	70,628	53,367
Total assets	1,383,997	1,212,721
Continuing Operations [Member]
Net sales	1,458,603	1,509,352	1,385,280
Earnings (loss) before income taxes	82,999	13,793	59,895
Interest expense, net of interest income	34,020	14,325	5,641
Capital expenditures	43,625	71,805	52,100
Depreciation and amortization	43,478	40,941	36,523
Total assets	1,383,997	1,212,721	942,274
Continuing Operations [Member] | Vegetable Segment [Member]
Net sales	1,325,618	1,374,468	1,259,878
Earnings (loss) before income taxes	92,852	137,555	103,899
Interest expense, net of interest income	31,607	12,684	4,477
Capital expenditures	42,089	57,593	43,490
Depreciation and amortization	39,364	37,359	33,730
Total assets	1,604,449	1,415,857	1,025,840
Continuing Operations [Member] | Fruit and Snack Segment [Member]
Net sales	100,835	104,156	97,040
Earnings (loss) before income taxes	3,264	(3,935)	(7,623)
Interest expense, net of interest income	2,347	1,180	473
Capital expenditures	1,536	13,406	5,705
Depreciation and amortization	3,480	3,024	2,542
Total assets	100,627	95,658	84,087
Continuing Operations [Member] | Corporate Segment and Other Operating Segment [Member]
Net sales	32,150	30,728	28,362
Earnings (loss) before income taxes	9,225	11,784	5,776
Interest expense, net of interest income	66	461	691
Capital expenditures	0	806	2,905
Depreciation and amortization	634	558	251
Total assets	3,703	3,646	3,176
Continuing Operations [Member] | Subtotal FIFO Basis [Member]
Net sales	1,458,603	1,509,352	1,385,280
Earnings (loss) before income taxes	105,341	145,404	102,052
Interest expense, net of interest income	34,020	14,325	5,641
Capital expenditures	43,625	71,805	52,100
Depreciation and amortization	43,478	40,941	36,523
Total assets	1,708,779	1,515,161	1,113,103
Continuing Operations [Member] | LIFO Impact [Member]
Net sales	0	0	0
Earnings (loss) before income taxes	(22,342)	(131,611)	(42,157)
Interest expense, net of interest income	0	0	0
Capital expenditures	0	0	0
Depreciation and amortization	0	0	0
Total assets	$ (324,782)	$ (302,440)	$ (170,829)

Note 15 - Plant Restructuring -

Note 15 - Plant Restructuring - Restructuring Reserve (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Balance	$ 117	$ 0	$ 0
Charge to expense	425	3,550	70
Cash payments/write offs	(542)	(3,433)	(70)
Charge to expense	425	3,550	70
Balance	0	117	0
Employee Severance [Member]
Balance	117	0	0
Charge to expense	213	361	0
Cash payments/write offs	(330)	(244)	0
Charge to expense	213	361	0
Balance	0	117	0
Other Restructuring [Member]
Balance	0	0	0
Charge to expense	212	3,189	70
Cash payments/write offs	(212)	(3,189)	(70)
Charge to expense	212	3,189	70
Balance	$ 0	$ 0	$ 0

Note 16 - Related Party Trans_2

Note 16 - Related Party Transactions (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Director [Member] | Vegetables Supply [Member]
Related Party Transaction, Amounts of Transaction	$ 3	$ 3.1	$ 2.9
Related Party Foudation [Member] | Charitable Contributions [Member]
Related Party Transaction, Amounts of Transaction	1	0.5	$ 1
Beneficiaries of Former Employees That Have Family Relationships to Two of Current Directors [Member] | Retirement Arrangements [Member]
Liability, Defined Benefit Plan	$ 1	$ 1

Note 17 - Asset Acquisition (De

Note 17 - Asset Acquisition (Details Textual) - B&G Foods, Inc [Member] $ in Millions	Nov. 08, 2023 USD ($)
Asset Acquisition, Consideration Transferred	$ 55.2
Asset Acquisition, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory	52.5
Asset Acquisition, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities	2.7
Asset Acquisition, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Revenue	3.9
Asset Acquisition, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Costs	$ 1.2

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, 2024	Mar. 31, 2023	Mar. 31, 2022
SEC Schedule, 12-09, Allowance, Credit Loss [Member]
Balance at beginning of period		$ 34	$ 54	$ 339
Charged/(credited) to income		289	(20)	(291)
Charged to other accounts		0	0	0
Deductions from reserve	[1]	270	0	(6)
Balance at end of period		53	34	54
SEC Schedule, 12-09, Valuation Allowance, Deferred Tax Asset [Member]
Balance at beginning of period		5,007	3,931	4,674
Charged/(credited) to income		(123)	1,076	(743)
Charged to other accounts		0	0	0
Deductions from reserve		0	0	0
Balance at end of period		$ 4,884	$ 5,007	$ 3,931
[1]Accounts written off, net of recoveries.