Operating Segments (Tables)

6 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Operating Results For The Company's Reportable Segments

Operating results for the Company’s reportable segments for each period presented in the consolidated statements of income and comprehensive income were as follows:

	Three Months Ended September 30,				Six Months Ended September 30,
(in thousands of dollars)	2020		2019		2020		2019
SALES AND OTHER OPERATING REVENUES
Flue-Cured and Burley Leaf Tobacco Operations:
North America	$	44,858	$	57,612	$	84,774	$	85,271
Other Regions (1)	250,300		355,757		455,033		557,822
Subtotal	295,158		413,369		539,807		643,093
Other Tobacco Operations (2)	81,867		62,552		153,029		129,743
Consolidated sales and other operating revenue	$	377,025	$	475,921	$	692,836	$	772,836
OPERATING INCOME
Flue-Cured and Burley Leaf Tobacco Operations:
North America	$	685	$	5,472	$	1,727	$	6,362
Other Regions (1)	12,236		32,525		7,950		28,710
Subtotal	12,921		37,997		9,677		35,072
Other Tobacco Operations (2)	4,020		7,512		11,612		17,991
Segment operating income	16,941		45,509		21,289		53,063
Deduct: Equity in pretax (earnings) loss of unconsolidated affiliates (3)	(590)		(2,310)		(583)		(2,350)
Add: Other income (loss)(4)	—		—		4,173		—
Consolidated operating income	$	16,351	$	43,199	$	24,879	$	50,713

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

(2)Includes Dark Air-Cured, Special Services (including FruitSmart, Inc.), and Oriental, as well as inter-company eliminations. Sales and other operating revenues for this reportable segment include limited 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 (loss) of unconsolidated affiliates.

(3)Equity in pretax earnings (loss) 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 and comprehensive income.

(4)Other income represents the reversal of a portion of the contingent consideration liability associated with the acquisition of FruitSmart, Inc.