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Note 15 - Plant Restructuring | 12 Months Ended
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Mar. 31, 2024
Notes to Financial Statements |
Restructuring and Related Activities Disclosure [Text Block] | 15. Plant Restructuring The following table summarizes the restructuring charges recorded and the accruals established during fiscal years 2024, 2023 and 2022 (in thousands):
|  | 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, the Company incurred minimal restructuring charges which were partly driven by the Company’s decision to cease its Northeast trucking fleet operations, in addition to charges associated with plants that were closed in previous periods. During fiscal year 2023, the Company incurred restructuring charges primarily due to ceasing production of green beans at a plant in the Northeast. The charges mainly consisted of severance and write-downs of production equipment that was to be scrapped or sold. During fiscal year 2022, the Company incurred restructuring charges primarily related to plants that were closed in previous periods, including severance, health care costs, and lease impairments, amongst other minor changes.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/420/tableOfContent Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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