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Equity Method Investments
6 Months Ended
Sep. 30, 2021
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments Equity Method Investments
The following summarizes the Company's equity method investments as of September 30, 2021:

                                      LocationPrimary PurposeThe Company's Ownership Percentage
Basis Difference (1)
Adams International Ltd.Thailandpurchase and process tobacco49 %$(4,526)
Alliance One Industries India Private Ltd.Indiapurchase and process tobacco49 %(5,770)
China Brasil Tobacos Exportadora SABrazilpurchase and process tobacco49 %46,326 
Oryantal Tütün Paketleme Sanayi ve Ticaret A.Ş.Turkeyprocess tobacco50 %(416)
Purilum, LLCU.S.produce flavor formulations and consumable e-liquids50 %4,589 
Siam Tobacco Export CompanyThailandpurchase and process tobacco49 %(6,098)
(1) The basis difference for the Company's equity method investments is primarily due to $30,531 of fair value adjustments from fresh start reporting that were recorded in the fiscal year-ended March 31, 2021.

The following summarizes financial information for these equity method investments:

SuccessorPredecessor
Three months ended September 30, 2021One month ended September 30, 2020Two months ended August 31, 2020
Operations statement:
Sales$32,513 $13,006 $31,841 
Gross profit2,448 2,248 7,202 
Net income3,206 738 3,560 
Company's dividends received18 — 40 

SuccessorPredecessor
Six months ended September 30, 2021One month ended September 30, 2020Five months ended August 31, 2020
Operations statement:
Sales$63,945 $13,006 $67,553 
Gross profit6,114 2,248 14,151 
Net income306 738 5,869 
Company's dividends received8,866 — 5,104 

Successor
September 30, 2021September 30, 2020March 31, 2021
Balance sheet:
Current assets$280,561 $246,852 $224,106 
Property, plant, and equipment and other assets43,675 42,544 43,648 
Current liabilities214,321 185,187 138,833 
Long-term obligations and other liabilities3,144 4,185 3,937