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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Mar. 31, 2019
Dec. 31, 2018
Current assets      
Cash and cash equivalents $ 72,230 $ 192,043 $ 209,160
Restricted cash 2,359 5,378 6,335
Trade receivables, net 180,404 290,097 268,747
Other receivables 12,257 20,900 21,305
Accounts receivable, related parties 6,418 5,633 5,077
Notes receivable, related parties 406 150 0
Inventories 871,850 668,171 827,782
Advances to tobacco suppliers 61,536 19,754 51,135
Recoverable income taxes 9,751 5,421 8,538
Prepaid expenses 22,447 15,934 17,325
Other current assets 14,345 15,027 16,212
Total current assets 1,254,003 1,238,508 1,431,616
Restricted cash 389 389 389
Long-term notes receivable, related parties 7,466 545 742
Investments in unconsolidated affiliates 69,368 69,459 68,351
Goodwill 34,570 34,336 34,109
Other intangible assets, net 67,404 71,781 70,074
Deferred income taxes, net 115,947 116,451 106,610
Long-term recoverable income taxes 2,618 3,067 898
Other deferred charges 1,421 2,175 2,634
Other noncurrent assets 48,533 46,168 43,514
Right-of-use assets 43,372 0 0
Property, plant, and equipment, net 303,956 276,396 264,782
Total assets 1,949,047 1,859,275 2,023,719
Current liabilities      
Notes payable to banks 580,346 428,961 583,407
Accounts payable 61,076 87,049 49,373
Accounts payable, related parties 11,077 19,054 18,372
Advances from customers 19,227 16,436 45,900
Accrued expenses and other current liabilities 103,351 91,282 98,233
Income taxes payable 15,444 3,728 6,513
Operating leases payable 14,033 0 0
Current portion of long-term debt 325 332 165
Total current liabilities 804,879 646,842 801,963
Long-term taxes payable 8,523 10,718 10,718
Long-term debt 902,461 898,386 897,195
Deferred income taxes 30,396 26,813 12,437
Liability for unrecognized tax benefits 12,233 11,189 11,026
Long-term leases 28,206 0 0
Pension, postretirement, and other long-term liabilities 70,315 73,308 72,013
Total liabilities 1,857,013 1,667,256 1,805,352
Commitments and contingencies
Common Stock—no par value:      
Authorized shares (shares) 250,000,000 250,000,000 250,000,000
Issued shares (shares) 9,963,000 9,881,000 9,866,000
Issued shares $ 469,450 $ 468,936 $ 474,603
Retained deficit (324,192) (223,884) (213,905)
Accumulated other comprehensive loss (59,781) (61,342) (57,218)
Total stockholders’ equity of Pyxus International, Inc. 85,477 183,710 203,480
Noncontrolling interests 6,557 8,309 14,887
Total stockholders’ equity 92,034 192,019 218,367
Total liabilities and stockholders’ equity 1,949,047 $ 1,859,275 $ 2,023,719
Expected costs for severance for affected employees $ 4,300