Operating Segments (Tables)

6 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Operating Results For The Company's Reportable Segments

Reportable segment data as of, or for, each period presented in the consolidated statements of income and comprehensive income, the consolidated balance sheets, and the consolidated statements of cash flows is as follows:

	Three Months Ended September 30, 2025						Three Months Ended September 30, 2024
	Tobacco Operations		Ingredients Operations		Consolidated		Tobacco Operations		Ingredients Operations		Consolidated
Sales and other operating revenues	$	659,423	$	94,754	$	754,177	$	630,212	$	80,550	$	710,762
Cost of goods sold	(534,668)		(79,679)		(614,347)		(503,147)		(64,470)		(567,617)
Selling, general and administrative expenses	(40,057)		(12,041)		(52,098)		(33,657)		(11,873)		(45,530)
Corporate overhead allocated to the segments	(16,889)		(3,194)		(20,083)		(15,432)		(2,874)		(18,306)
Equity in pretax earnings (loss) of unconsolidated affiliates (1)	(2,561)		—		(2,561)		(642)		—		(642)
Segment operating income	65,248		(160)		65,088		77,334		1,333		78,667
Deduct: Equity in pretax (earnings) loss of unconsolidated affiliates (1)					2,561						642
Restructuring and impairment costs (2)					—						(10,573)
Consolidated total					$	67,649					$	68,736

	Six Months Ended September 30, 2025						Six Months Ended September 30, 2024
	Tobacco Operations		Ingredients Operations		Consolidated		Tobacco Operations		Ingredients Operations		Consolidated
Sales and other operating revenues	$	1,164,119	$	183,820	$	1,347,939	$	1,142,167	$	165,645	$	1,307,812
Cost of goods sold	(942,535)		(151,447)		(1,093,982)		(937,912)		(130,834)		(1,068,746)
Selling, general and administrative expenses	(84,811)		(24,078)		(108,889)		(80,205)		(24,652)		(104,857)
Corporate overhead allocated to the segments	(35,729)		(6,755)		(42,484)		(31,760)		(5,915)		(37,675)
Equity in pretax earnings (loss) of unconsolidated affiliates(1)	(126)		—		(126)		(502)		—		(502)
Segment operating income	100,918		1,540		102,458		91,788		4,244		96,032
Deduct: Equity in pretax (earnings) loss of unconsolidated affiliates(1)					126						502
Restructuring and impairment costs (2)					(1,122)						(10,573)
Consolidated operating income					$	101,462					$	85,961

(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.

	Segment Assets						Accounts Receivable, net
	September 30, 2025		September 30, 2024		March 31, 2025		September 30, 2025		September 30, 2024		March 31, 2025
Tobacco Operations	$	2,555,801	$	2,533,062	$	2,436,416	$	383,623	$	477,855	$	566,755
Ingredients Operations	514,638		512,524		553,136		61,634		59,747		59,121
Consolidated total	$	3,070,439	$	3,045,586	$	2,989,552	$	445,257	$	537,602	$	625,876
	Goodwill, net						Intangibles, net
	September 30, 2025		September 30, 2024		March 31, 2025		September 30, 2025		September 30, 2024		March 31, 2025
Tobacco Operations	$	97,747	$	97,804	$	97,772	$	55	$	66	$	47
Ingredients Operations	116,068		116,068		116,068		52,595		63,197		57,789
Consolidated total	$	213,815	$	213,872	$	213,840	$	52,650	$	63,263	$	57,836
					Capital Expenditures				Depreciation and Amortization
					Six Months Ended September 30,				Six Months Ended September 30,
					2025		2024		2025		2024
Tobacco Operations					$	13,711	$	18,781	$	16,378	$	19,835
Ingredients Operations					7,388		20,015		10,820		9,585
Consolidated total					$	21,099	$	38,796	$	27,198	$	29,420