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Operating Segments | 9 Months Ended
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Dec. 31, 2018
Segment Reporting [Abstract] |
Operating Segments | OPERATING SEGMENTS The principal approach used by management to evaluate the Company’s performance is by geographic region, although the dark air-cured and oriental tobacco businesses are each evaluated on the basis of their worldwide operations. The Company evaluates the performance of its segments based on operating income after allocated overhead expenses (excluding significant non-recurring charges or credits), plus equity in the pretax earnings of unconsolidated affiliates. Operating results for the Company’s reportable segments for each period presented in the consolidated statements of income and comprehensive income were as follows:
|  | Three Months Ended December 31, |  | Nine Months Ended December 31,
(in thousands of dollars) |  | 2018 |  | 2017 |  | 2018 |  | 2017
SALES AND OTHER OPERATING REVENUES |  |  |  |  |  |  |  |
Flue-Cured and Burley Leaf Tobacco Operations: |  |  |  |  |  |  |  |
North America |  | $ | 78,009 |  |  | $ | 99,452 |  |  | $ | 261,347 |  |  | $ | 211,444 |
Other Regions (1) |  | 483,161 |  |  | 474,351 |  |  | 1,089,180 |  |  | 1,039,927 |
Subtotal |  | 561,170 |  |  | 573,803 |  |  | 1,350,527 |  |  | 1,251,371 |
Other Tobacco Operations (2) |  | 74,937 |  |  | 79,778 |  |  | 204,903 |  |  | 175,080 |
Consolidated sales and other operating revenue |  | $ | 636,107 |  |  | $ | 653,581 |  |  | $ | 1,555,430 |  |  | $ | 1,426,451 |
OPERATING INCOME |  |  |  |  |  |  |  |
Flue-Cured and Burley Leaf Tobacco Operations: |  |  |  |  |  |  |  |
North America |  | $ | 3,147 |  |  | $ | 3,588 |  |  | $ | 20,395 |  |  | $ | 13,784 |
Other Regions (1) |  | 53,283 |  |  | 56,895 |  |  | 96,828 |  |  | 98,225 |
Subtotal |  | 56,430 |  |  | 60,483 |  |  | 117,223 |  |  | 112,009 |
Other Tobacco Operations (2) |  | 6,210 |  |  | 5,422 |  |  | 8,081 |  |  | 5,310 |
Segment operating income |  | 62,640 |  |  | 65,905 |  |  | 125,304 |  |  | 117,319 |
Deduct: Equity in pretax earnings of unconsolidated affiliates (3) |  | (5,512 | ) |  | (6,404 | ) |  | (5,437 | ) |  | (6,636 | )
Restructuring and impairment costs (4) |  | (19,447 | ) |  | — |  |  | (19,447 | ) |  | — |
Consolidated operating income |  | $ | 37,681 |  |  | $ | 59,501 |  |  | $ | 100,420 |  |  | $ | 110,683 |
(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 the business is accounted for on the equity method and its financial results consist principally of equity in the pretax earnings of an unconsolidated affiliate.
(3) | Equity in pretax earnings 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.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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