Operating Segments (Tables)

9 Months Ended

Dec. 31, 2012

Operating Results For The Company's Reportable Segments



	Three Months Ended December 31,						Nine Months Ended December 31,
(in thousands of dollars)	2012			2011			2012			2011

SALES AND OTHER OPERATING REVENUES
Flue-cured and burley leaf tobacco operations:
North America	$	85,521		$	109,743		$	205,377		$	236,101
Other regions⁽¹⁾	551,903			529,476			1,461,417			1,423,275
Subtotal	637,424			639,219			1,666,794			1,659,376
Other tobacco operations⁽²⁾	42,605			33,201			149,813			133,535
Consolidated sales and other operating revenues	$	680,029		$	672,420		$	1,816,607		$	1,792,911

OPERATING INCOME
Flue-cured and burley leaf tobacco operations:
North America	$	5,235		$	13,234		$	9,764		$	23,864
Other regions⁽¹⁾	59,292			69,382			168,068			146,732
Subtotal	64,527			82,616			177,832			170,596
Other tobacco operations⁽²⁾	(1,255		)	814			8,090			4,044
Segment operating income	63,272			83,430			185,922			174,640
Deduct: Equity in pretax (earnings) loss of unconsolidated affiliates ⁽³⁾	1,241			(1,072		)	192			2,264
Restructuring costs ⁽⁴⁾	—			(399		)	(3,687		)	(10,220		)
Charge for European Commission fine in Italy ⁽⁴⁾	—			—			—			(49,091		)
Add: Other income⁽⁴⁾	—			11,111			—			20,703
Consolidated operating income	$	64,513		$	93,070		$	182,427		$	138,296


(1)	Includes South America, Africa, Europe, and Asia regions, as well as inter-region eliminations.


(2)	Includes Dark Air-Cured, Special Services, and Oriental, as well as inter-company eliminations. Sales and other operating revenues for this reportable segment include limited amounts for Oriental because its financial results consist principally of equity in the pretax earnings of an unconsolidated affiliate.


(3)	Item is included in segment operating income, but is not included in consolidated operating income.


(4)	Item is not included in segment operating income, but is included in consolidated operating income.

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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