Operating Segments (Tables)

12 Months Ended

Mar. 31, 2015

Operating Results For The Company's Reportable Segments

Reportable segment data as of, or for, the fiscal years ended March 31, 2015, 2014, and 2013, is as follows:



	Sales and Other Operating Revenues						Operating Income
	Fiscal Year Ended March 31,						Fiscal Year Ended March 31,
	2015		2014		2013		2015			2014			2013
Flue-Cured and Burley Leaf Tobacco Operations:
North America	$	305,028	$	348,627	$	334,676	$	31,060		$	23,217		$	19,740
Other Regions⁽¹⁾	1,739,781		1,932,228		1,871,880		125,839			133,447			192,556
Subtotal	2,044,809		2,280,855		2,206,556		156,899			156,664			212,296
Other Tobacco Operations⁽²⁾	226,992		261,260		255,143		10,326			18,511			20,461
Segment total	2,271,801		2,542,115		2,461,699		167,225			175,175			232,757
Deduct: Equity in pretax earnings of unconsolidated affiliates ⁽³⁾							(7,137		)	(3,897		)	(5,635		)
Restructuring costs⁽⁴⁾							(4,890		)	(6,746		)	(4,113		)
Add: Other income⁽⁵⁾							12,676			81,619			—
Consolidated total	$	2,271,801	$	2,542,115	$	2,461,699	$	167,874		$	246,151		$	223,009

	Segment Assets						Goodwill
	March 31,						March 31,
	2015		2014		2013		2015			2014			2013
Flue-Cured and Burley Leaf Tobacco Operations:
North America	$	289,792	$	277,028	$	295,785	$	—		$	—		$	—
Other Regions⁽¹⁾	1,611,083		1,677,654		1,682,581		97,372			97,367			96,667
Subtotal	1,900,875		1,954,682		1,978,366		97,372			97,367			96,667
Other Tobacco Operations⁽²⁾	297,598		316,225		327,789		1,713			1,713			1,713
Segment and consolidated totals	$	2,198,473	$	2,270,907	$	2,306,155	$	99,085		$	99,080		$	98,380

	Depreciation and Amortization						Capital Expenditures
	Fiscal Year Ended March 31,						Fiscal Year Ended March 31,
	2015		2014		2013		2015			2014			2013
Flue-Cured and Burley Leaf Tobacco Operations:
North America	$	4,284	$	6,018	$	11,017	$	5,814		$	2,676		$	2,459
Other Regions⁽¹⁾	28,827		29,044		30,118		39,303			37,584			24,886
Subtotal	33,111		35,062		41,135		45,117			40,260			27,345
Other Tobacco Operations⁽²⁾	4,213		3,837		3,981		13,268			5,589			3,438
Segment and consolidated totals	$	37,324	$	38,899	$	45,116	$	58,385		$	45,849		$	30,783


⁽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 $74.9 million, $93.3 million, and $91.8 million, at March 31, 2015, 2014, and 2013, 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 are excluded from segment operating income, but are included in consolidated operating income in the consolidated statements of income (see Note 2).


⁽⁵⁾	Other income represents the reversal of a valuation allowance on the remaining unused balance of IPI excise tax credits in Brazil in fiscal year 2015 and the gain on the favorable outcome of the IPI tax credit case in fiscal year 2014 (see Note 14).

Schedule Of Sales And Long-Lived Assets By Country



Geographic Data	Sales and Other Operating Revenues
	Fiscal Year Ended March 31,
	2015		2014		2013
United States	$	290,950	$	304,527	$	324,285
Belgium	226,562		218,550		203,539
China	174,872		210,956		229,112
Germany	170,338		173,872		128,144
Russia	126,652		123,114		130,906
Poland	114,765		106,443		126,826
Netherlands	113,297		208,031		174,481
All other countries	1,054,365		1,196,622		1,144,406
Consolidated total	$	2,271,801	$	2,542,115	$	2,461,699

	Long-Lived Assets
	March 31,
	2015		2014		2013
United States	$	70,929	$	61,347	$	64,235
Brazil	135,980		135,359		137,133
Mozambique	55,733		49,543		48,016
All other countries	141,893		149,750		137,132
Consolidated total	$	404,535	$	395,999	$	386,516

- 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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