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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2021
Current assets      
Cash and cash equivalents $ 165,441 $ 198,777 $ 79,593
Restricted cash 9,495 2,148 2,538
Trade receivables, net 155,976 247,677 198,241
Other receivables 26,859 12,511 33,711
Inventories, net 980,070 749,427 854,042
Advances to tobacco suppliers, net 44,070 48,932 36,706
Recoverable income taxes 8,747 7,906 10,894
Prepaid expenses 44,513 34,817 35,217
Other current assets 16,672 25,452 19,713
Total current assets 1,451,843 1,327,647 1,270,655
Restricted cash 0 389 389
Investments in unconsolidated affiliates 87,139 95,420 85,651
Goodwill 0 0 36,853
Other intangible assets, net 42,052 45,061 49,935
Deferred income taxes, net 8,871 6,498 10,179
Long-term recoverable income taxes 4,571 4,588 4,167
Other noncurrent assets 46,456 45,424 42,127
Right-of-use assets 35,636 35,979 41,540
Property, plant, and equipment, net 135,878 137,521 140,332
Total assets 1,812,446 1,698,527 1,681,828
Current liabilities      
Notes payable to banks 545,224 378,612 403,792
Accounts payable 144,915 179,012 88,807
Advances from customers 46,071 52,998 29,631
Accrued expenses and other current liabilities 91,054 82,239 91,426
Income taxes payable 6,729 5,592 4,110
Operating leases payable 8,535 8,065 8,961
Current portion of long-term debt 13,781 107,856 2,686
Total current liabilities 856,309 814,374 629,413
Long-term taxes payable 5,783 6,703 6,703
Long-term debt 678,777 580,477 669,793
Deferred income taxes 9,925 11,670 14,254
Liability for unrecognized tax benefits 12,173 14,401 15,883
Long-term leases 26,473 28,604 31,843
Pension, postretirement, and other long-term liabilities 59,748 60,927 66,610
Total liabilities 1,649,188 1,517,156 1,434,499
Commitments and contingencies
Common Stock, Number of Shares, Par Value and Other Disclosure [Abstract]      
Common Stock—no par value: Authorized shares (250,000 for all periods) Issued shares (25,000 for all periods) 390,290 390,290 391,089
Retained deficit (233,476) (218,813) (148,202)
Accumulated other comprehensive income (loss) 3,248 3,804 (1,716)
Total stockholders’ equity of Pyxus International, Inc. 160,062 175,281 241,171
Noncontrolling interests 3,196 6,090 6,158
Total stockholders’ equity 163,258 181,371 247,329
Total liabilities and stockholders’ equity $ 1,812,446 $ 1,698,527 $ 1,681,828