Operating Segments (Tables)

6 Months Ended

Sep. 30, 2023

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)	2023		2022		2023		2022
SALES AND OTHER OPERATING REVENUES
Tobacco Operations	$	554,653	$	570,030	$	998,561	$	918,093
Ingredients Operations	83,831		80,954		157,645		162,713
Consolidated sales and other operating revenues	$	638,484	$	650,984	$	1,156,206	$	1,080,806
OPERATING INCOME
Tobacco Operations	$	52,387	$	33,790	$	61,270	$	41,906
Ingredients Operations	4,811		4,512		2,797		9,109
Segment operating income	57,198		38,302		64,067		51,015
Deduct: Equity in pretax (earnings) loss of unconsolidated affiliates (1)	713		(416)		4,879		137
Restructuring and impairment costs (2)	(2,599)		—		(2,599)		—
Consolidated operating income	$	55,312	$	37,886	$	66,347	$	51,152

(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 2 for additional information.