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Restructuring and Asset Impairment Charges
6 Months Ended
Sep. 30, 2016
Restructuring and Related Activities [Abstract]  
RESTRUCTURING AND ASSET IMPAIRMENT CHARGES
RESTRUCTURING AND ASSET IMPAIRMENT CHARGES

During the quarter ended March 31, 2015, the Company announced the first phase of a global restructuring plan focusing on efficiency and cost improvements. The Company reviewed origin and corporate operations, and initiatives were implemented to increase operational efficiency and effectiveness. These initiatives continue to be implemented as the Company restructures certain operations not meeting strategic business objectives and performance metrics. During the three months ended September 30, 2016, the Company recorded $57 for employee severance charges, $25 for other cash charges and $495 for impairment charges related to facilities formerly utilized by its U.S. cut rag facility. During the six months ended September 30, 2016, severance charges were $64, other cash charges were $60 and asset impairment charges were $495. During the three months ended September 30, 2015, the Company recorded $(386) for recoveries of employee severance charges. During the six months ended September 30, 2015, the Company recorded $(11) for recoveries of employee severance charges and $2,573 of asset impairment charges in connection with the restructuring of certain operations primarily in Africa. The $2,573 asset impairment charges are for unrecoverable tobacco supplier advances and tobacco production property and equipment due to exiting and redefining the Company’s position in certain African markets.

The following table summarizes the restructuring charges recorded during the three months and six months ended September 30, 2016 and 2015, respectively:
 
Three Months Ended September 30,
 
Six Months Ended September 30,
Restructuring and Asset Impairment Charges
2016
 
2015
 
2016
 
2015
Employee separation and other cash charges:
 
 
 
 
 
 
 
Beginning balance
$
99

 
$
7,216

 
$
398

 
$
8,087

Period charges:
 
 
 
 
 
 
 
Severance charges (recoveries)
57

 
(386
)
 
64

 
(11
)
Other cash charges
25

 

 
60

 

Total period charges (recoveries)
82

 
(386
)
 
124

 
(11
)
Payments through September 30
(101
)
 
(5,267
)
 
(442
)
 
(6,513
)
Ending balance September 30
$
80

 
$
1,563

 
$
80

 
$
1,563

Asset impairment and other non-cash charges
$
495

 
$

 
$
495

 
$
2,573

Total restructuring charges (recoveries) for the period
$
577

 
$
(386
)
 
$
619

 
$
2,562



The following table summarizes the employee separations and other cash charges recorded in the Company's North America and Other Regions segment during the three months and six months ended September 30, 2016 and 2015:
 
Three Months Ended September 30,
 
Six Months Ended September 30,
Employee Separation and Other Cash Charges
2016
 
2015
 
2016
 
2015
Beginning balance:
$
99

 
$
7,216

 
$
398

 
$
8,087

   North America

 

 

 

   Other regions
99

 
7,216

 
398

 
8,087

Period charges:
$
82

 
$
(386
)
 
$
124

 
$
(11
)
   North America

 

 

 

   Other regions
82

 
(386
)
 
124

 
(11
)
Payments through September 30
$
(101
)
 
$
(5,267
)
 
$
(442
)
 
$
(6,513
)
   North America

 

 

 

   Other regions
(101
)
 
(5,267
)
 
(442
)
 
(6,513
)
Ending balance September 30
$
80

 
$
1,563

 
$
80

 
$
1,563

   North America

 

 

 

   Other regions
80

 
1,563

 
80

 
1,563