XML 45 R32.htm IDEA: XBRL DOCUMENT v3.21.2
Operating Segments (Tables)
 3 Months Ended
Jun. 30, 2021
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, including a recast of the new reportable operating segments presentation for all periods presented below:
Three Months Ended June 30,
(in thousands of dollars)20212020
SALES AND OTHER OPERATING REVENUES
   Tobacco Operations$293,843 $298,373 
   Ingredients Operations56,186 17,438 
Consolidated sales and other operating revenues$350,029 $315,811 
OPERATING INCOME
   Tobacco Operations$8,889 $5,049 
   Ingredients Operations4,349 (701)
Segment operating income13,238 4,348 
Deduct: Equity in pretax (earnings) loss of unconsolidated affiliates (1)
(609)7 
              Restructuring and impairment costs (2)
(2,024)— 
Add: Other income (loss)(3)
— 4,173 
Consolidated operating income$10,605 $8,528 

(1)Equity in pretax earnings (loss) of unconsolidated affiliates is included in segment operating income (Tobacco Operations), but is reported below consolidated operating income and excluded from that total in the consolidated statements of income and comprehensive 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 and comprehensive income. See Note 4 for additional information.
(3)Other income represents the reversal of a portion of the contingent consideration liability associated with the acquisition of FruitSmart. See Note 12 for additional information.