Segment Information

12 Months Ended

Mar. 31, 2017

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	2017			2016		2015
Sales and other operating revenues:
	North America	$	396,217		$	468,098	$	440,985
	Other Regions	1,318,533			1,436,494		1,625,880
	Total revenue	$	1,714,750		$	1,904,592	$	2,066,865
Operating income:
	North America	$	15,333		$	25,230	$	40,437
	Other Regions	69,235			176,557		56,858
Total operating income		84,568			201,787		97,295
	Debt retirement expense (income)	(300		)	—		(771		)
	Interest expense	132,667			117,190		113,273
	Interest income	8,157			7,077		6,268
Income (loss) before income taxes and other items		$	(39,642	)	$	91,674	$	(8,939	)

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	2017		2016		2015
Segment assets:
	North America	$	375,782	$	338,834	$	230,842
	Other Regions	1,596,090		1,629,364		1,391,618
	Total assets	$	1,971,872	$	1,968,198	$	1,622,460
Trade and other receivables, net
	North America	$	40,212	$	48,229	$	26,781
	Other Regions	213,973		352,779		212,722
	Total trade and other receivables, net	$	254,185	$	401,008	$	239,503
Goodwill:
	North America	2,794		2,794		2,794
	Other Regions	13,669		13,669		—
	Total Goodwill	$	16,463	$	16,463	$	2,794
Equity in net assets of investee companies:
	North America	$	—	$	—	$	—
	Other Regions	51,443		57,243		53,678
	Total equity in net assets of investee companies	$	51,443	$	57,243	$	53,678
Depreciation and amortization:
	North America	$	7,543	$	6,432	$	5,618
	Other Regions	26,933		21,929		24,005
	Total depreciation and amortization	$	34,476	$	28,361	$	29,623
Capital expenditures:
	North America	$	3,638	$	7,516	$	10,044
	Other Regions	9,099		10,270		12,629
	Total capital expenditures	$	12,737	$	17,786	$	22,673

          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		2017		2016		2015
Sales and Other Operating Revenues:
	United States	$	272,161	$	311,634	$	363,964
	China	230,226		209,781		254,658
	Belgium	115,632		132,817		137,513
	Germany	88,650		110,318		116,713
	Russia	87,461		116,941		118,233
	Indonesia	75,346		82,867		58,609
	Other	845,274		940,234		1,017,175
		$	1,714,750	$	1,904,592	$2,066,865

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 years ended March 31, 2017, 2016 and 2015.

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		2017		2016		2015
Property, Plant and Equipment, Net:
	Brazil	$	77,653	$	82,307	$	87,161
	United States	56,028		59,713		57,861
	Zimbabwe	48,738		51,295		—
	Malawi	22,299		24,609		25,704
	Tanzania	20,997		22,831		23,610
	Argentina	6,580		6,914		7,390
	Asia	6,130		6,447		6,960
	Europe	5,467		6,895		15,191
	Zambia	3,877		4,366		6,582
	Turkey	2,654		2,955		3,454
	Other	6,088		9,193		4,001
		$	256,511	$	277,525	$	237,914