Operating Segments (Tables)

12 Months Ended

Mar. 31, 2014

Operating Results For The Company's Reportable Segments

Reportable segment data as of, or for, the fiscal years ended March 31, 2014, 2013, and 2012, is as follows:



	Sales and Other Operating Revenues						Operating Income
	Fiscal Year Ended March 31,						Fiscal Year Ended March 31,
	2014		2013		2012		2014			2013			2012
Flue-cured and burley leaf tobacco operations:
North America	$	348,627	$	334,676	$	314,248	$	23,217		$	19,740		$	30,037
Other Regions⁽¹⁾	1,932,228		1,871,880		1,893,388		133,447			192,556			180,670
Subtotal	2,280,855		2,206,556		2,207,636		156,664			212,296			210,707
Other Tobacco Operations⁽²⁾	261,260		255,143		239,241		18,511			20,461			12,841
Segment total	2,542,115		2,461,699		2,446,877		175,175			232,757			223,548
Deduct:
Equity in pretax earnings of unconsolidated affiliates ⁽³⁾							(3,897		)	(5,635		)	(3,195		)
Restructuring costs⁽⁴⁾							(6,746		)	(4,113		)	(11,661		)
Charge for European Commission fines⁽⁴⁾							—			—			(49,091		)
Add:
Other income⁽⁵⁾							81,619			—			20,703
Consolidated total	$	2,542,115	$	2,461,699	$	2,446,877	$	246,151		$	223,009		$	180,304

	Segment Assets						Goodwill
	March 31,						March 31,
	2014		2013		2012		2014			2013			2012
Flue-cured and burley leaf tobacco operations:
North America	$	277,028	$	295,785	$	256,546	$	—		$	—		$	—
Other Regions⁽¹⁾	1,677,654		1,682,581		1,712,970		97,367			96,667			96,564
Subtotal	1,954,682		1,978,366		1,969,516		97,367			96,667			96,564
Other Tobacco Operations⁽²⁾	316,225		327,789		297,403		1,713			1,713			1,713
Segment and consolidated totals	$	2,270,907	$	2,306,155	$	2,266,919	$	99,080		$	98,380		$	98,277

	Depreciation and Amortization						Capital Expenditures
	Fiscal Year Ended March 31,						Fiscal Year Ended March 31,
	2014		2013		2012		2014			2013			2012
Flue-cured and burley leaf tobacco operations:
North America	$	6,018	$	11,017	$	10,201	$	2,676		$	2,459		$	438
Other Regions⁽¹⁾	29,044		30,118		29,475		37,584			24,886			32,059
Subtotal	35,062		41,135		39,676		40,260			27,345			32,497
Other Tobacco Operations⁽²⁾	3,838		3,981		4,190		5,589			3,438			5,677
Segment and consolidated totals	$	38,900	$	45,116	$	43,866	$	45,849		$	30,783		$	38,174


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

⁽²⁾

Includes Dark Air-Cured, Oriental, and Special Services, as well as inter-company eliminations. Sales and other operating revenues, goodwill, depreciation and amortization, and capital expenditures include limited amounts or no amounts for Oriental because the business is accounted for on the equity method and its financial results consist principally of equity in the pretax earnings of the unconsolidated affiliate. The investment in the unconsolidated affiliate is included in segment assets and was approximately $93.3 million, $91.8 million, and $89.7 million, at March 31, 2014, 2013, and 2012, respectively.


⁽³⁾	Equity in pretax earnings of unconsolidated affiliates is included in segment operating income (Other Tobacco Operations segment), but is reported below consolidated operating income and excluded from that total in the consolidated statements of income.


⁽⁴⁾	Restructuring costs and the fiscal year 2012 charge for European Commission fines are excluded from segment operating income, but are included in consolidated operating income in the consolidated statements of income.

(5)

Other income in fiscal year 2014 represents the gain on the favorable outcome of the IPI tax credit case in Brazil (See Note 14). Other income in fiscal year 2012 represents a gain on proceeds received from an insurance settlement for the replacement of factory and equipment lost in a fire at a plant in Europe, as well as a gain on the sale of land and buildings in Brazil. These gains are excluded from segment operating income, but included in consolidated operating income in the consolidated statements of income.

Schedule Of Sales And Long-Lived Assets By Country



Geographic Data	Sales and Other Operating Revenues
	Fiscal Year Ended March 31,
	2014		2013		2012
United States	$	304,527	$	324,285	$	315,610
Belgium	218,550		203,539		210,425
China	210,956		229,112		210,436
Netherlands	208,031		174,481		164,504
Germany	173,872		128,144		210,791
All other countries	1,426,179		1,402,138		1,335,111
Consolidated total	$	2,542,115	$	2,461,699	$	2,446,877

	Long-Lived Assets
	March 31,
	2014		2013		2012
United States	$	61,347	$	64,235	$	75,330
Brazil	135,359		137,133		139,484
Mozambique	49,543		48,016		50,475
All other countries	149,750		137,132		137,169
Consolidated total	$	395,999	$	386,516	$	402,458

- 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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