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Segment Information
12 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Segment Information Segment Information
The following summarizes segment information, with the All Other category being included for purposes of reconciliation of the respective balances below of the Leaf segment (the Company's sole reportable segment) to the consolidated financial statements:

Years Ended March 31,
202520242023
Sales and other operating revenues:
Leaf$2,470,984 $2,029,615 $1,900,558 
All Other10,276 2,944 14,323 
Consolidated sales and other operating revenues2,481,260 2,032,559 1,914,881 
Cost of goods and services sold:
Leaf2,125,756 1,714,053 1,636,378 
All Other12,520 6,171 17,486 
Consolidated cost of goods and services sold2,138,276 1,720,224 1,653,864 
Selling, general, and administrative expenses:
Leaf164,228 154,074 139,160 
All Other6,770 6,836 12,371 
Consolidated selling, general, and administrative expenses170,998 160,910 151,531 
Other segment items:(1)
Leaf16,714 8,281 7,964 
All Other(304)1,158 3,059 
Consolidated other segment items16,410 9,439 11,023 
Leaf segment operating income164,286 153,207 117,056 
All Other operating loss(8,710)(11,221)(18,593)
Restructuring and asset impairment charges2,259 4,799 4,685 
Consolidated operating income153,317 137,187 93,778 
Gain on debt retirement8,178 15,914 — 
Loss on deconsolidation/disposition of subsidiaries— — 648 
Loss on pension settlement— 12,008 2,588 
Interest expense, net128,041 125,620 113,164 
Income (loss) before income taxes and other items$33,454 $15,473 $(22,622)
(1) Represents the other expense, net caption within the consolidated statements of operations. See "Note 4. Other Expense, Net" for additional information.
March 31, 2025
LeafAll OtherTotal
Segment assets$1,466,400 $37,443 $1,503,843 
Trade and other receivables, net204,054 175 204,229 
Equity in net assets of investee companies90,238 6,690 96,928 
Depreciation and amortization18,772 1,562 20,334 
Capital expenditures21,137 2,977 24,114 

March 31, 2024
LeafAll OtherTotal
Segment assets$1,616,486 $41,427 $1,657,913 
Trade and other receivables, net187,083 336 187,419 
Equity in net assets of investee companies94,609 6,636 101,245 
Depreciation and amortization17,767 1,483 19,250 
Capital expenditures18,062 2,973 21,035 

The following summarizes geographic information for sales and other operating revenues by destination of the product shipped:

Years Ended March 31,
202520242023
Sales and Other Operating Revenues:
China$497,437 $362,778 $338,174 
U.S.244,556 192,745 220,266 
Indonesia227,369 215,491 170,492 
United Arab Emirates213,321 182,687 182,306 
Belgium (1)
160,337 156,085 132,456 
Egypt133,023 43,495 52,428 
Turkey84,957 62,089 50,559 
Other920,260 817,189 768,200 
Total$2,481,260 $2,032,559 $1,914,881 
(1) The Belgium destination represents a customer-owned storage and distribution center from which the tobacco will be shipped on to manufacturing facilities.

The following summarizes the customers, including their respective affiliates, that account for 10% or more of total sales and other operating revenues for the respective periods, as indicated by an "x":

Years Ended March 31,
202520242023
British American Tobaccox
China National Tobacco Corporationxxx
Japan Tobacco Internationalxx
Philip Morris International Inc.xxx
The following summarizes geographic information for property, plant, and equipment by location:

March 31,
20252024
Property, Plant, and Equipment, Net:
Brazil$33,720 $31,455 
Malawi26,091 28,400 
Zimbabwe24,049 22,861 
U.S.22,293 21,429 
Other11,304 11,565 
Jordan9,588 10,664 
Tanzania11,131 7,784 
Total$138,176 $134,158