XML 36 R24.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Operating Segments (Tables) | 9 Months Ended
--- | ---
Dec. 31, 2015
Segment Reporting [Abstract] |
Operating Results For The Company's Reportable Segments | Operating results for the Company’s reportable segments for each period presented in the consolidated statements of income were as follows:
|  | Three Months Ended December 31, |  | Nine Months Ended December 31,
(in thousands of dollars) |  | 2015 |  | 2014 |  | 2015 |  | 2014
SALES AND OTHER OPERATING REVENUES |  |  |  |  |  |  |  |
Flue-Cured and Burley Leaf Tobacco Operations: |  |  |  |  |  |  |  |
North America |  | $ | 81,463 |  |  | $ | 118,844 |  |  | $ | 179,456 |  |  | $ | 203,850 |
Other Regions (1) |  | 460,729 |  |  | 604,100 |  |  | 1,009,162 |  |  | 1,173,341 |
Subtotal |  | 542,192 |  |  | 722,944 |  |  | 1,188,618 |  |  | 1,377,191 |
Other Tobacco Operations (2) |  | 42,400 |  |  | 35,110 |  |  | 127,775 |  |  | 116,451 |
Consolidated sales and other operating revenues |  | $ | 584,592 |  |  | $ | 758,054 |  |  | $ | 1,316,393 |  |  | $ | 1,493,642 |
OPERATING INCOME |  |  |  |  |  |  |  |
Flue-Cured and Burley Leaf Tobacco Operations: |  |  |  |  |  |  |  |
North America |  | $ | 5,750 |  |  | $ | 15,864 |  |  | $ | 12,949 |  |  | $ | 21,821 |
Other Regions (1) |  | 61,318 |  |  | 78,958 |  |  | 87,673 |  |  | 90,044 |
Subtotal |  | 67,068 |  |  | 94,822 |  |  | 100,622 |  |  | 111,865 |
Other Tobacco Operations (2) |  | 1,083 |  |  | (1,316 | ) |  | 2,136 |  |  | 2,584 |
Segment operating income |  | 68,151 |  |  | 93,506 |  |  | 102,758 |  |  | 114,449 |
Deduct: Equity in pretax (earnings) loss of unconsolidated affiliates (3) |  | (2,326 | ) |  | 527 |  |  | (2,556 | ) |  | (3,391 | )
Restructuring and impairment costs (4) |  | — |  |  | (1,143 | ) |  | (2,389 | ) |  | (4,493 | )
Add: Other income (5) |  | 3,390 |  |  | — |  |  | 3,390 |  |  | — |
Consolidated operating income |  | $ | 69,215 |  |  | $ | 92,890 |  |  | $ | 101,203 |  |  | $ | 106,565 |
(1) | Includes South America, Africa, Europe, and Asia regions, as well as inter-region eliminations.
(2) | Includes Dark Air-Cured, Special Services, and Oriental, as well as inter-company eliminations. Sales and other operating revenues for this reportable segment include limited amounts for Oriental because its financial results consist principally of equity in the pretax earnings of an unconsolidated affiliate.
(3) | Equity in pretax (earnings) loss of unconsolidated affiliates is included in segment operating income (Other Tobacco Operations segment), but is reported below consolidated operating income and excluded from that total in the consolidated statements of income and comprehensive income.
(4) | Restructuring and impairment costs are excluded from segment operating income, but are included in consolidated operating income in the consolidated statements of income and comprehensive income.
(5) | Other income represents a gain from remeasuring to fair value the Company's original 50% ownership interest in Procesadora Unitab, S.A., a tobacco processing joint venture in Guatemala, upon acquiring the 50% interest held by the Company's joint venture partner. This item is excluded from segment operating income, but is included in consolidated operating income in the consolidated statements of income and comprehensive income.

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8736-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration