Fair Value Measurements (Tables)

3 Months Ended

Jun. 30, 2014

Fair Value Disclosures [Abstract]

Financial Assets And Liabilities Measured At Fair Value On Recurring Basis

At June 30, 2014, June 30, 2013 and March 31, 2014, the Company had certain financial assets and financial liabilities that were required to be measured and reported at fair value on a recurring basis. These assets and liabilities are listed in the tables below and are classified based on how their values were determined under the fair value hierarchy:

	June 30, 2014
(in thousands of dollars)	Level 1		Level 2		Level 3		Total
Assets
Money market funds	$	—	$	1,527	$	—	$	1,527
Trading securities associated with deferred compensation plans	20,582		—		—		20,582
Forward foreign currency exchange contracts	—		397		—		397
Total financial assets measured and reported at fair value	$	20,582	$	1,924	$	—	$	22,506
Liabilities
Guarantees of bank loans to tobacco growers	$	—	$	—	$	2,390	$	2,390
Interest rate swap agreements	—		887		—		887
Forward foreign currency exchange contracts	—		1,635		—		1,635
Total financial liabilities measured and reported at fair value	$	—	$	2,522	$	2,390	$	4,912

	June 30, 2013
(in thousands of dollars)	Level 1		Level 2		Level 3		Total
Assets
Money market funds	$	—	$	1,526	$	—	$	1,526
Trading securities associated with deferred compensation plans	18,423		—		—		18,423
Forward foreign currency exchange contracts	—		2		—		2
Total financial assets measured and reported at fair value	$	18,423	$	1,528	$	—	$	19,951
Liabilities
Guarantees of bank loans to tobacco growers	$	—	$	—	$	3,800	$	3,800
Interest rate swap agreements	—		1,142		—		1,142
Forward foreign currency exchange contracts	—		4,794		—		4,794
Total financial liabilities measured and reported at fair value	$	—	$	5,936	$	3,800	$	9,736

	March 31, 2014
(in thousands of dollars)	Level 1		Level 2		Level 3		Total
Assets
Money market funds	$	—	$	1,527	$	—	$	1,527
Trading securities associated with deferred compensation plans	19,754		—		—		19,754
Forward foreign currency exchange contracts	—		2,074		—		2,074
Total financial assets measured and reported at fair value	$	19,754	$	3,601	$	—	$	23,355
Liabilities
Guarantees of bank loans to tobacco growers	$	—	$	—	$	2,270	$	2,270
Interest rate swap agreements	—		936		—		936
Forward foreign currency exchange contracts	—		3,973		—		3,973
Total financial liabilities measured and reported at fair value	$	—	$	4,909	$	2,270	$	7,179

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

A reconciliation of the change in the balance of the financial liability for guarantees of bank loans to tobacco growers (Level 3) for the three months ended June 30, 2014 and 2013 is provided below.

	Three Months Ended June 30,
(in thousands of dollars)	2014			2013
Balance at beginning of year	$	2,270		$	4,235
Payments under the guarantees and transfers to allowance for loss on direct loans to farmers (removal of prior crop year loans from the portfolio)	(2		)	(2,284		)
Provision for loss or transfers from allowance for loss on direct loans to farmers (addition of current crop year loans)	23			1,927
Change in discount rate and estimated collection period	36			24
Currency remeasurement	63			(102		)
Balance at end of period	$	2,390		$	3,800