Equity Method Investments (Tables)

3 Months Ended

Jun. 30, 2020

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Equity Method Investments

The following summarizes the Company's equity method investments as of June 30, 2020:

Entity Name	Location	Primary Purpose	The Company's Ownership Percentage		Basis Difference
Adams International Ltd.	Thailand	purchase and process tobacco	49	%	—
Alliance One Industries India Private Ltd.	India	purchase and process tobacco	49	%	—
China Brasil Tobacos Exportadora SA	Brazil	purchase and process tobacco	49	%	5,189
Nicotine River, LLC	U.S.	produce consumable e-liquids	40	%	1,778
Oryantal Tütün Paketleme Sanayi ve Ticaret A.Ş.	Turkey	process tobacco	50	%	—
Purilum, LLC	U.S.	produce flavor formulations and consumable e-liquids	50	%	—
Siam Tobacco Export Company	Thailand	purchase and process tobacco	49	%	—

The following summarizes financial information for these equity method investments:

	Three Months Ended June 30,
	2020		2019
Operations statement:
Sales	$	35,711	$	46,233
Gross profit	6,949		9,507
Net income	2,309		3,100
Company's dividends received	5,064		6,094

	June 30,
	2020		2019		March 31, 2020
Balance sheet:
Current assets	$	232,176	$	236,389	$	145,207
Property, plant, and equipment and other assets	50,679		55,023		56,481
Current liabilities	174,367		184,526		82,377
Long-term obligations and other liabilities	6,107		3,354		6,296

Of the amounts presented above, the following summarizes financial information for China Brasil Tobacos Exportadora SA ("CBT"):

	Three Months Ended June 30,
	2020		2019
Operations statement:
Sales	$	14,328	$	18,391
Gross profit	2,148		2,212
Net income (loss)	915		(35)
Net income (loss) attributable to CBT	448		(17)