XML 40 R27.htm IDEA: XBRL DOCUMENT v3.22.1

Note 5 - Income Taxes (Tables)

12 Months Ended

Mar. 31, 2022

Notes Tables

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

		March 31,
		2022				2021
Deferred tax assets:
Accrued expenses		$	364			$	406
Deferred stock compensation			662				321
Bad debt and inventory reserves			27				29
Total deferred tax assets			1,053				756
Deferred tax liabilities:
Property and equipment			(1,989	)			(2,037	)
Total net deferred tax liabilities		$	(936	)		$	(1,281	)

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

		Year Ended March 31,
		2022				2021				2020
Current taxes
Federal		$	5,801			$	7,446			$	7,352
State			515				856				841
Total current taxes			6,316				8,302				8,193
Deferred taxes
Federal			(317	)			279				(135	)
State			(28	)			32				(16	)
Total deferred taxes			(345	)			311				(151	)
Total provision for income taxes		$	5,971			$	8,613			$	8,042

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

		Year Ended March 31,
		2022				2021				2020
Income taxes at U.S. statutory rates		$	5,685			$	8,235			$	7,118
State income taxes, net of federal tax benefit			379				708				649
Restricted stock (windfall) shortfall adjustment			33				(135	)			322
Other			(126	)			(195	)			(47	)
Total provision for income taxes		$	5,971			$	8,613			$	8,042

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_TableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration