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Segment Reporting
12 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]

12. Segment Information

The Company manages its business on the basis of two reportable segments — the primary segment is the packaging and sale of fruits and vegetables and secondarily, the packaging and sale of snack products and finally, other products. The Company markets its product almost entirely in the United States. Export sales represented 8.5%, 9.0%, and 9.2% of total sales in 2016, 2015, and 2014, respectively. In 2016, 2015, and 2014, the sale of Green Giant vegetables accounted for 11%, 13%, and 13% of net sales, respectively. “Other” in the table below represents activity related to can sales, trucking, seed sales, and flight operations.

Fruit and
VegetableSnackOtherTotal
(In thousands)
2016:
Net sales$1,239,179$12,336$23,845$1,275,360
Operating income 87,1201,16426588,549
Interest expense, net7,923181038,044
Income tax expense 25,5513727625,999
Identifiable assets888,9682,6973,662895,327
Capital expenditures9,232526829,966
Depreciation and amortization20,43835194821,737
2015:
Net sales$1,246,115$11,667$28,568$1,286,350
Operating income 18,86577971020,354
Interest expense, net6,77812726,862
Income tax expense 3,7752252214,221
Identifiable assets798,6403,2354,573806,448
Capital expenditures22,1771571,40023,734
Depreciation and amortization20,4453671,02221,834
2014:
Net sales$1,302,857$11,496$25,855$1,340,208
Operating income 22,3658721,66924,906
Interest expense, net7,415271227,564
Income tax expense3,1181892563,563
Identifiable assets761,0783,7704,005768,853
Capital expenditures17,339-2,10919,448
Depreciation and amortization21,8423941,04523,281

The fruit and vegetable segment, consisting of Green Giant, canned fruit and vegetables and frozen products, represented 99%, 99% and 99% of assets and 100%, 102% and 93% of pre-tax earnings in 2016, 2015 and 2014, respectively.

Classes of similar products/services:201620152014
(In thousands)
Net Sales:
Green Giant *$144,310$161,993$177,881
Canned vegetables746,501754,556753,318
Frozen94,71094,648107,109
Fruit253,658234,918264,549
Snack12,33611,66711,496
Other23,84528,56825,855
Total$1,275,360$1,286,350$1,340,208
* Green Giant includes canned and frozen vegetables exclusively for GMOL or B&G Foods.