Segment Information

6 Months Ended

Sep. 30, 2013

Segment Reporting [Abstract]

Segment Information

SEGMENT INFORMATION

The Company purchases, processes, sells and stores leaf tobacco. Tobacco is purchased in more than 35 countries and shipped to approximately 90 countries. The sales, logistics and billing functions of the Company are primarily concentrated in service centers outside of the producing areas to facilitate access to its major customers. Within certain quality and grade constraints, tobacco is fungible and, subject to these constraints, customers may choose to fulfill their needs from any of the areas where the Company purchases tobacco.

          Selling, logistics, billing, and administrative overhead, including depreciation, which originates primarily from the Company’s corporate and sales offices, are allocated to the segments based upon segment operating income. The Company reviews performance data from the purchase of the product or the service provided through sale based on the source of the product or service and all intercompany transactions are allocated to the operating segment that either purchases or processes the tobacco.

          The following table presents the summary segment information for the three months and six months ended September 30, 2013 and 2012:       

	Three Months Ended September 30,					Six Months Ended September 30,
	2013			2012		2013			2012
Sales and other operating revenues:
South America	$	346,604		$	272,993	$	533,882		$	451,338
Value added services	29,857			33,568		60,937			67,200
Other regions	324,219			269,850		489,748			415,643
Total revenue	$	700,680		$	576,411	$	1,084,567		$	934,181
Operating income:
South America	$	22,690		$	24,893	$	29,542		$	25,762
Value added services	2,957			6,482		5,529			8,130
Other regions	22,603			18,449		5,230			21,211
Total operating income	48,250			49,824		40,301			55,103
Debt retirement expense	55,582			—		55,599			—
Interest expense	31,684			29,776		60,527			56,891
Interest income	1,859			1,121		3,845			2,119
Income (loss) before income taxes and other items	$	(37,157	)	$	21,169	$	(71,980	)	$	331

Analysis of Segment Assets		September 30, 2013		September 30, 2012		March 31, 2013
Segment assets:
	South America	$	661,696	$	717,526	$	616,946
	Value added services	209,574		158,591		197,959
	Other regions	1,249,372		1,355,053		1,096,674
	Total assets	$	2,120,642	$	2,231,170	$	1,911,579