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v3.25.1

Operating Segments (Tables) | 12 Months Ended
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Mar. 31, 2025
Segment Reporting [Abstract] |
Operating Results For The Company's Reportable Segments | Reportable segment data as of, or for, the fiscal years ended March 31, 2025, 2024, and 2023, is as follows:
| Fiscal Year Ended March 31, 2025 |  | Fiscal Year Ended March 31, 2024 |  | Fiscal Year Ended March 31, 2023
| Tobacco Operations |  | Ingredients Operations |  | Consolidated |  | Tobacco Operations |  | Ingredients Operations |  | Consolidated |  | Tobacco Operations |  | Ingredients Operations |  | Consolidated
Sales and other operating revenues | $ | 2,608,675 |  |  | $ | 338,609 |  |  | $ | 2,947,284 |  |  | $ | 2,438,775 |  |  | $ | 309,798 |  |  | $ | 2,748,573 |  |  | $ | 2,258,260 |  |  | $ | 311,564 |  |  | $ | 2,569,824 |
Cost of goods sold | (2,133,063) |  |  | (265,564) |  |  | (2,398,627) |  |  | (1,975,955) |  |  | (236,520) |  |  | (2,212,475) |  |  | (1,871,606) |  |  | (239,933) |  |  | (2,111,539) |
Selling, general and administrative expenses | (179,340) |  |  | (48,610) |  |  | (227,950) |  |  | (179,569) |  |  | (56,624) |  |  | (236,193) |  |  | (163,721) |  |  | (49,557) |  |  | (213,278) |
Corporate overhead allocated to the segments | (65,195) |  |  | (12,142) |  |  | (77,337) |  |  | (61,655) |  |  | (12,718) |  |  | (74,373) |  |  | (52,427) |  |  | (11,508) |  |  | (63,935) |
Equity in pretax earnings (loss) of unconsolidated affiliates(1) | 9,103 |  |  | — |  |  | 9,103 |  |  | 756 |  |  | — |  |  | 756 |  |  | 2,383 |  |  | — |  |  | 2,383 |
Segment operating income | 240,180 |  |  | 12,293 |  |  | 252,473 |  |  | 222,352 |  |  | 3,936 |  |  | 226,288 |  |  | 172,889 |  |  | 10,566 |  |  | 183,455 |
Deduct: Equity in pretax (earnings) loss of unconsolidated affiliates(1) |  | (9,103) |  |  |  |  |  |  | (756) |  |  |  |  |  |  | (2,383) |
Restructuring and impairment costs (2) |  | (10,573) |  |  |  |  |  |  | (3,523) |  |  |  |  |  |  | — |
Consolidated operating income |  | $ | 232,797 |  |  |  |  |  |  | $ | 222,009 |  |  |  |  |  |  | $ | 181,072 |
(1)Equity in pretax earnings of unconsolidated affiliates is included in reportable segment operating income, but is reported below consolidated operating income and excluded from that total in the consolidated statements of income. (2)Restructuring and impairment costs are excluded from reportable segment operating income, but are included in consolidated operating income in the consolidated statements of income (see Note 3).
| Segment Assets |  | Accounts Receivable, net
| March 31, |  | March 31,
| 2025 |  | 2024 |  | 2023 |  | 2025 |  | 2024 |  | 2023
Tobacco Operations | $ | 2,436,416 |  |  | $ | 2,451,895 |  |  | $ | 2,164,600 |  |  | $ | 566,755 |  |  | $ | 472,357 |  |  | $ | 350,014 |
Ingredients Operations | 553,136 |  |  | 485,344 |  |  | 474,582 |  |  | 59,121 |  |  | 52,905 |  |  | 52,059 |
Consolidated total | $ | 2,989,552 |  |  | $ | 2,937,239 |  |  | $ | 2,639,182 |  |  | $ | 625,876 |  |  | $ | 525,262 |  |  | $ | 402,073 |
| Goodwill, net |  | Intangibles, net
| March 31, |  | Fiscal Year Ended March 31,
| 2025 |  | 2024 |  | 2023 |  | 2025 |  | 2024 |  | 2023
Tobacco Operations | $ | 97,772 |  |  | $ | 97,801 |  |  | $ | 97,854 |  |  | $ | 47 |  |  | $ | 62 |  |  | $ | 34 |
Ingredients Operations | 116,068 |  |  | 116,068 |  |  | 116,068 |  |  | 57,789 |  |  | 68,821 |  |  | 80,067 |
Consolidated total | $ | 213,840 |  |  | $ | 213,869 |  |  | $ | 213,922 |  |  | $ | 57,836 |  |  | $ | 68,883 |  |  | $ | 80,101 |
| Capital Expenditures |  | Depreciation and Amortization
| Fiscal Year Ended March 31, |  | Fiscal Year Ended March 31,
| 2025 |  | 2024 |  | 2023 |  | 2025 |  | 2024 |  | 2023
Tobacco Operations | $ | 35,387 |  |  | $ | 35,173 |  |  | $ | 38,084 |  |  | $ | 39,494 |  |  | $ | 40,267 |  |  | $ | 38,650 |
Ingredients Operations | 27,214 |  |  | 30,840 |  |  | 16,590 |  |  | 20,279 |  |  | 18,059 |  |  | 18,650 |
Consolidated total | $ | 62,601 |  |  | $ | 66,013 |  |  | $ | 54,674 |  |  | $ | 59,773 |  |  | $ | 58,326 |  |  | $ | 57,300 |
Schedule Of Sales And Long-Lived Assets By Country |
Geographic Data | Sales and Other Operating Revenues
| Fiscal Year Ended March 31,
| 2025 |  | 2024 |  | 2023
United States | $ | 622,325 |  |  | $ | 547,923 |  |  | $ | 530,467 |
Belgium | 532,479 |  |  | 552,208 |  |  | 395,616 |
China | 293,619 |  |  | 219,979 |  |  | 204,139 |
Egypt | 143,527 |  |  | 18,892 |  |  | 19,465 |
Philippines | 120,648 |  |  | 133,656 |  |  | 149,867 |
Germany | 115,938 |  |  | 95,350 |  |  | 108,844 |
Indonesia | 105,934 |  |  | 117,019 |  |  | 45,089 |
Poland | 99,845 |  |  | 97,723 |  |  | 119,629 |
Netherlands | 37,501 |  |  | 42,492 |  |  | 51,843 |
Mexico | 29,073 |  |  | 26,438 |  |  | 51,847 |
France | 22,999 |  |  | 16,669 |  |  | 64,563 |
All other countries | 823,396 |  |  | 880,224 |  |  | 828,455 |
Consolidated total | $ | 2,947,284 |  |  | $ | 2,748,573 |  |  | $ | 2,569,824 |
| Long-Lived Assets
| March 31,
(in thousands) | 2025 |  | 2024 |  | 2023
United States | $ | 362,701 |  |  | $ | 355,905 |  |  | $ | 343,470 |
Brazil | 139,497 |  |  | 139,642 |  |  | 134,232 |
Mozambique | 39,415 |  |  | 35,845 |  |  | 38,979 |
All other countries | 103,037 |  |  | 117,240 |  |  | 128,504 |
Consolidated total | $ | 644,650 |  |  | $ | 648,632 |  |  | $ | 645,185 |

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