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Inventories

6 Months Ended

Sep. 30, 2024

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories consisted of the following (in thousands):

						September 30, 2024						March 31, 2024
At cost - FIFO basis:
Raw materials						$	163,523					$	151,031
Work-in-process						27,898						26,669
Finished goods						44,579						40,554
Total at cost FIFO basis						236,000						218,254
LIFO cost less than FIFO cost						(34,964)						(32,163)
Net inventories						$	201,036					$	186,091

An actual valuation of inventory under the LIFO method can be made only at the end of each year based on the inventory levels and costs at that time. Accordingly, interim LIFO calculations must necessarily be based on management's estimates of expected year-end inventory levels and costs. Because these are subject to many factors beyond management's control, estimated interim results are subject to change in the final year-end LIFO inventory valuation.

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- References

No definition available.

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- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 330
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/330/tableOfContent

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