Equity Method Investments (Tables)

3 Months Ended

Jun. 30, 2022

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, 2022:

Investee Name	Location	Primary Purpose	The Company's Ownership Percentage		Basis Difference
Adams International Ltd.	Thailand	purchase and process tobacco	49	%	$	(4,526)
Alliance One Industries India Private Ltd.	India	purchase and process tobacco	49	%	(5,770)
China Brasil Tobacos Exportadora SA	Brazil	purchase and process tobacco	49	%	45,124
Oryantal Tütün Paketleme Sanayi ve Ticaret A.Ş.	Turkey	process tobacco	50	%	(416)
Purilum, LLC	U.S.	produce flavor formulations and consumable e-liquids	50	%	4,589
Siam Tobacco Export Company	Thailand	purchase and process tobacco	49	%	(6,098)

The following summarizes financial information for these equity method investments:

Operations statement:	Three months ended June 30, 2022		Three months ended June 30, 2021
Sales	$	69,382	$	31,432
Gross profit	14,089		3,666
Net income	8,330		(2,900)
Company's dividends received	11,522		8,848

Balance sheet:	June 30, 2022		June 30, 2021		March 31, 2022
Current assets	$	441,973	$	290,750	$	375,015
Property, plant, and equipment and other assets	37,876		45,068		42,841
Current liabilities	367,743		228,716		289,816
Long-term obligations and other liabilities	2,249		3,400		2,999