Segment Information

12 Months Ended

Mar. 31, 2016

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 our 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.

          Management evaluates performance using information included in management reports. The Company has five geographic operating segments: Africa, Asia, Europe, North America and South America. Beginning April 1, 2015, the Company's management ceased evaluating performance of value added services as a separate operating segment. The Company's cut rag and other specialty products and services are now combined within the geographic operating segments in which they operate. In reviewing these operations, the Company concluded that the economic characteristics of North America were dissimilar from the other operating segments. Based on this fact, the Company is disclosing North America separately and has aggregated the remaining four operating segments, Africa, Asia, Europe and South America into one reportable segment "Other Regions." The Company concluded that these operating segments have similar long term financial performance and similar economic characteristics in each of the following areas:        

a. the nature of the products and services;

b. the nature of the production processes;

c. the type or class of customer for their products and services;

d. the methods used to distribute their products or provide their services; and

e. the nature of the regulatory environment.

          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 purchase through sale based on the source of the product and all intercompany transactions are allocated to the region that either purchases or processes the tobacco.

		Years Ended March 31,
	Analysis of Segment Operations	2016		2015			2014
Sales and other operating revenues:
	North America	$	468,098	$	440,985		$	498,365
	Other Regions	1,436,494		1,625,880			1,856,171
	Total revenue	$	1,904,592	$	2,066,865		$	2,354,536
Operating income:
	North America	$	25,230	$	40,437		$	31,685
	Other Regions	176,557		56,858			73,828
Total operating income		201,787		97,295			105,513
	Debt retirement expense	—		(771		)	57,449
	Interest expense	117,190		113,273			116,827
	Interest income	7,077		6,268			7,068
Income (loss) before income taxes and other items		$	91,674	$	(8,939	)	$	(61,695	)

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA(continued)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS(continued)

Alliance One International, Inc. and Subsidiaries

(in thousands)

Note 14 - Segment Information (continued)

		Years Ended March 31,
	Analysis of Segment Assets	2016		2015		2014
Segment assets:
	North America	$	340,534	$	230,833	$	227,131
	Other Regions	1,637,539		1,403,373		1,531,217
	Total assets	$	1,978,073	$	1,634,206	$	1,758,348
Trade and other receivables, net
	North America	$	48,229	$	26,781	$	26,551
	Other Regions	352,779		212,722		192,934
	Total trade and other receivables, net	$	401,008	$	239,503	$	219,485
Goodwill:
	North America	2,794		2,794		2,794
	Other Regions	13,669		—		—
	Total Goodwill	$	16,463	$	2,794	$	2,794
Equity in net assets of investee companies:
	North America	$	—	$	—	$	—
	Other Regions	57,243		53,678		50,390
	Total equity in net assets of investee companies	$	57,243	$	53,678	$	50,390
Depreciation and amortization:
	North America	$	6,432	$	5,618	$	5,899
	Other Regions	21,929		24,005		26,528
	Total depreciation and amortization	$	28,361	$	29,623	$	32,427
Capital expenditures:
	North America	$	7,516	$	10,044	$	13,802
	Other Regions	10,270		12,629		13,953
	Total capital expenditures	$	17,786	$	22,673	$	27,755

          Geographic information as to sales and other operating revenues is based on the destination of the product shipped. The Belgium destination represents a customer owned storage and distribution center from which the tobacco will be shipped on to manufacturing facilities.

		Years Ended March 31,
Sales by Destination		2016		2015		2014
Sales and Other Operating Revenues:
	United States	$	311,634	$	363,964	$	467,111
	China	209,781		254,658		401,480
	Belgium	132,817		137,513		125,377
	Russia	116,941		118,233		125,093
	Germany	110,318		116,713		130,163
	Indonesia	82,867		58,609		58,919
	Other	940,234		1,017,175		1,046,393
		$	1,904,592	$	2,066,865	$	2,354,536

Sales and Other Operating Revenues to Major Customers

Including their respective affiliates, accounting for more than 10% of total sales and other operating revenues were each of Philip Morris International Inc. and China Tobacco International Inc. for the year ended March 31, 2016, 2015 and 2014.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA(continued)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS(continued)

Alliance One International, Inc. and Subsidiaries

(in thousands)

Note 14 - Segment Information (continued)

		Years Ended March 31,
Property, Plant and Equipment by Location		2016		2015		2014
Property, Plant and Equipment, Net:
	Brazil	$	82,307	$	87,161	$	92,142
	United States	59,713		57,861		53,517
	Zimbabwe	51,295		—		—
	Malawi	24,609		25,704		27,227
	Tanzania	22,831		23,610		24,979
	Argentina	6,914		7,390		7,325
	Europe	6,895		15,191		19,711
	Asia	6,447		6,960		7,545
	Zambia	4,366		6,582		6,690
	Turkey	2,955		3,454		18,310
	Other	9,193		4,001		3,728
		$	277,525	$	237,914	$	261,174