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v3.25.1

SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Mar. 31, 2025
Accounting Policies [Abstract] |
Schedule of Inventories | Inventories consist of the following:
|  | March 31, |
|  |  | 2025 |  |  |  | 2024 |
|  | (dollars in thousands) |
Raw Materials and Materials-in-Progress |  | $ | 164,683 |  |  | $ | 122,772 |
Finished Cement |  |  | 67,711 |  |  |  | 71,396 |
Aggregates |  |  | 17,681 |  |  |  | 12,149 |
Gypsum Wallboard |  |  | 5,708 |  |  |  | 5,242 |
Recycled Paperboard |  |  | 7,814 |  |  |  | 14,278 |
Repair Parts and Supplies |  |  | 126,983 |  |  |  | 127,511 |
Fuel and Coal |  |  | 24,595 |  |  |  | 20,575 |
|  | $ | 415,175 |  |  | $ | 373,923 |
Schedule of Property, Plant and Equipment Estimated Useful Lives | The estimated useful lives of the related assets are as follows:
Plants |  | 20 to 30 years
Buildings |  | 20 to 40 years
Machinery and Equipment |  | 3 to 25 years
Schedule of Intangible Assets, Including Impact of Impairment Charge | Goodwill and Intangible Assets at March 31, 2025, and 2024, consist of the following:
|  | March 31, 2025 |  |
|  | Amortization Period |  | Cost |  |  |  | Additions |  |  |  | Accumulated Amortization |  |  |  | Net |  |
|  | (dollars in thousands) |  |
Goodwill and Intangible Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer Contracts and Relationships |  | 15 years |  | $ |  | 157,294 |  |  |  | $ |  | 40,209 |  |  |  |  |  | (89,444 | ) |  |  | $ |  | 108,059 |  |
Permits |  | 25-40 years |  |  |  | 30,760 |  |  |  |  |  | — |  |  |  |  |  | (14,358 | ) |  |  |  |  | 16,402 |  |
Trade Name |  | 15 years |  |  |  | 1,900 |  |  |  |  |  | 500 |  |  |  |  |  | (1,003 | ) |  |  |  |  | 1,397 |  |
Goodwill |  |  |  |  |  | 392,569 |  |  |  |  |  | 77,325 |  |  |  |  |  | — |  |  |  |  |  | 469,894 |  |
Total Goodwill and Intangible Assets |  |  |  | $ |  | 582,523 |  |  |  | $ |  | 118,034 |  |  |  | $ |  | (104,805 | ) |  |  | $ |  | 595,752 |  |
|  | March 31, 2024 |  |
|  | Amortization Period |  |  | Cost |  |  |  |  | Additions |  |  |  |  | Accumulated Amortization |  |  |  |  | Net |  |
|  | (dollars in thousands) |  |
Goodwill and Intangible Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer Contracts and Relationships |  | 15 years |  | $ |  | 141,194 |  |  |  | $ |  | 16,100 |  |  |  | $ |  | (82,077 | ) |  |  | $ |  | 75,217 |  |
Permits |  | 25-40 years |  |  |  | 30,760 |  |  |  |  |  | — |  |  |  |  |  | (13,413 | ) |  |  |  |  | 17,347 |  |
Trade Name |  | 15 years |  |  |  | 1,900 |  |  |  |  |  | — |  |  |  |  |  | (916 | ) |  |  |  |  | 984 |  |
Goodwill |  |  |  |  |  | 380,711 |  |  |  |  |  | 11,858 |  |  |  |  |  | — |  |  |  |  |  | 392,569 |  |
Total Goodwill and Intangible Assets |  |  |  | $ |  | 554,565 |  |  |  | $ |  | 27,958 |  |  |  | $ |  | (96,406 | ) |  |  | $ |  | 486,117 |  |
Schedule of Supplemental Cash Flow Information | Supplemental cash flow information is as follows:
|  | For the Years Ended March 31, |
|  | 2025 |  |  | 2024 |  |  | 2023 |
|  |  | (dollars in thousands) |
Cash Payments: |  |  |  |  |  |  |  |  |  |  |  |
Interest |  | $ |  | 42,368 |  |  | $ |  | 43,663 |  |  | $ |  | 31,596 |
Income Taxes |  |  |  | 140,786 |  |  |  |  | 124,482 |  |  |  |  | 131,512 |
Operating Cash Flows Used for Operating Leases |  |  |  | 8,708 |  |  |  |  | 9,286 |  |  |  |  | 8,314 |
Noncash Financing Activities: |  |  |  |  |  |  |  |  |  |  |  |
Right-of-Use Assets Obtained for Capitalized Operating Leases |  | $ |  | 18,373 |  |  | $ |  | 6,465 |  |  | $ |  | 1,711 |
Excise Tax on Share Repurchases |  |  |  | 2,982 |  |  |  |  | 3,432 |  |  |  |  | 738 |
Schedule of Total Selling, General and Administrative Expenses | Total Selling, General, and Administrative Expenses for the past three fiscal years are summarized as follows:
|  | For the Years Ended March 31, |
|  | 2025 |  |  | 2024 |  |  | 2023 |
|  | (dollars in thousands) |
Operating Units Selling, G&A |  | $ |  | 74,713 |  |  | $ |  | 75,001 |  |  | $ |  | 65,468 |
Corporate G&A |  |  |  | 73,942 |  |  |  |  | 59,795 |  |  |  |  | 53,630 |
|  | $ |  | 148,655 |  |  | $ |  | 134,796 |  |  | $ |  | 119,098 |
Schedule of Earnings per Share |
|  | For the Years Ended March 31, |  |
|  | 2025 |  |  |  | 2024 |  |  |  | 2023 |  |
Weighted-Average Shares of Common Stock Outstanding |  |  | 33,378,050 |  |  |  |  | 34,811,560 |  |  |  |  | 36,798,354 |  |
Effect of Dilutive Shares: |  |  |  |  |  |  |  |  |  |  |  |
Assumed Exercise of Outstanding Dilutive Options |  |  | 218,434 |  |  |  |  | 304,889 |  |  |  |  | 418,659 |  |
Less Shares Repurchased from Proceeds of Assumed Exercised Options |  |  | (82,734 | ) |  |  |  | (157,457 | ) |  |  |  | (290,590 | ) |
Restricted Stock and Restricted Stock Units |  |  | 132,645 |  |  |  |  | 138,879 |  |  |  |  | 126,519 |  |
Weighted-Average Common Stock and Dilutive Securities Outstanding |  |  | 33,646,395 |  |  |  |  | 35,097,871 |  |  |  |  | 37,052,942 |  |

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