XML 40 R102.htm IDEA: XBRL DOCUMENT v3.20.1
Operating Segments (Operating Results For The Company's Reportable Segments) (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2018
Segment Reporting Information [Line Items]                      
Sales and other operating revenues $ 632,094 $ 505,049 $ 475,921 $ 296,915 $ 671,723 $ 636,107 $ 539,604 $ 379,719 $ 1,909,979 $ 2,227,153 $ 2,033,947
Operating Income                 126,367 161,169 170,825
Equity in pretax earnings of unconsolidated affiliates [1]                 (4,211) (5,299) (9,125)
Restructuring and impairment costs [2]                 (7,543) (20,304) 0
Segment Assets 2,120,921       2,133,184       2,120,921 2,133,184 2,168,632
Accounts Receivable, after Allowance for Credit Loss [3] 340,711       368,110       340,711 368,110 377,119
Goodwill and other intangibles, net 144,687       97,994       144,687 97,994 98,927
Depreciation and Amortization                 38,379 37,150 34,893
Capital Expenditures                 35,227 38,760 34,037
Accounts Receivable, Allowance for Credit Loss, Current 2,000       3,000       $ 2,000 3,000 2,000
Due Period Of Accounts Receivables                 30 days    
Operating Segments [Member]                      
Segment Reporting Information [Line Items]                      
Sales and other operating revenues                 $ 1,909,979 2,227,153 2,033,947
Operating Income                 138,121 186,772 179,950
Flue-Cured And Burley Leaf Tobacco Operations [Member]                      
Segment Reporting Information [Line Items]                      
Sales and other operating revenues                 1,608,686 1,952,369 1,790,879
Operating Income                 119,119 174,596 169,852
Segment Assets 1,626,534       1,767,164       1,626,534 1,767,164 1,829,633
Accounts Receivable, after Allowance for Credit Loss [3] 283,930       327,381       283,930 327,381 340,939
Goodwill and other intangibles, net 96,308       96,281       96,308 96,281 97,214
Depreciation and Amortization                 28,624 28,844 29,319
Capital Expenditures                 30,226 25,706 25,136
Flue-Cured And Burley Leaf Tobacco Operations [Member] | North America [Member]                      
Segment Reporting Information [Line Items]                      
Sales and other operating revenues                 236,262 382,631 308,691
Operating Income                 8,353 23,069 23,091
Segment Assets 290,720       294,064       290,720 294,064 368,672
Accounts Receivable, after Allowance for Credit Loss [3] 33,232       31,939       33,232 31,939 44,726
Goodwill and other intangibles, net 0       0       0 0 0
Depreciation and Amortization                 4,413 4,756 4,772
Capital Expenditures                 1,997 3,137 3,316
Flue-Cured And Burley Leaf Tobacco Operations [Member] | Other Regions [Member]                      
Segment Reporting Information [Line Items]                      
Sales and other operating revenues [4]                 1,372,424 1,569,738 1,482,188
Operating Income [4]                 110,766 151,527 146,761
Segment Assets [4] 1,335,814       1,473,100       1,335,814 1,473,100 1,460,961
Accounts Receivable, after Allowance for Credit Loss [3] 250,698       295,442       250,698 295,442 296,213
Goodwill and other intangibles, net [4] 96,308       96,281       96,308 96,281 97,214
Depreciation and Amortization [4]                 24,211 24,088 24,547
Capital Expenditures [4]                 28,229 22,569 21,820
Other Tobacco Operations [Member]                      
Segment Reporting Information [Line Items]                      
Sales and other operating revenues [5]                 301,293 274,784 243,068
Operating Income [5]                 19,002 12,176 10,098
Segment Assets [5] 494,387       366,020       494,387 366,020 338,999
Accounts Receivable, after Allowance for Credit Loss [3] 56,781       40,729       56,781 40,729 36,180
Goodwill and other intangibles, net [5] $ 48,379       $ 1,713       48,379 1,713 1,713
Depreciation and Amortization [5]                 9,755 8,306 5,574
Capital Expenditures [5]                 $ 5,001 $ 13,054 $ 8,901
[1]
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.
[2] Restructuring and impairment costs are excluded from segment operating income, but are included in consolidated operating income in the consolidated statements of income (see Note 4)
[3]
Accounts receivable, net includes allowances for doubtful accounts of approximately $2.0 million, $3.0 million and $2.0 million at March 31, 2020, 2019, and 2018 respectively. Accounts receivable are generally unsecured and due within 30 days.
[4]
Includes South America, Africa, Europe, and Asia regions, as well as inter-region eliminations.
[5]
Includes Dark Air-Cured, Oriental, and Special Services, as well as intercompany eliminations. Sales and other operating revenues, accounts receivable, goodwill and intangibles, 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 $76.4 million, $79.2 million, and $89.3 million, at March 31, 2020, 2019, and 2018, respectively.