INVESTEE COMPANIES

6 Months Ended

Sep. 30, 2018

Equity Method Investments and Joint Ventures [Abstract]

INVESTEE COMPANIES

INVESTEE COMPANIES

The following summarizes the Company's equity method investments as of September 30, 2018:

Investee Name	Location	Primary Purpose	The Company's Ownership Percentage		Basis Difference
Adams International Ltd.	Thailand	purchase and process tobacco	49	%	—
Alliance One Industries India Private Ltd.	India	purchase and process tobacco	49	%	—
China Brasil Tobacos Exportadora SA	Brazil	purchase and process tobacco	49	%	7,916
Criticality LLC	U.S.	extraction of cannabidiol	40	%	—
Nicotine River, LLC	U.S.	produce consumable e-liquids	40	%	2,212
Oryantal Tutun Paketleme	Turkey	process tobacco	50	%	—
Purilum, LLC	U.S.	produce consumable e-liquids	50	%	—
Siam Tobacco Export Company	Thailand	purchase and process tobacco	49	%	—

Basis differences are amortized over the respective estimated lives of the related assets and liabilities, which range from one to ten years. The Company’s earnings from the equity method investment are reduced by the amortization expense of basis differences.