Segment Information

3 Months Ended

Jun. 30, 2025

The following summarizes segment information, with the All Other category being included for purposes of reconciliation of the respective balances of the Leaf segment (the Company's sole reportable segment) to the condensed consolidated financial statements:


	Three Months Ended
	June 30,
	2025		2024
Sales and other operating revenues:
Leaf	$	508,415	$	630,963
All Other	400		3,892
Consolidated sales and other operating revenues	$	508,815	$	634,855

Cost of goods and services sold:
Leaf	$	443,386	$	546,188
All Other	(197)		4,815
Consolidated cost of goods and services sold	$	443,189	$	551,003

Selling, general, and administrative expenses:
Leaf	$	38,735	$	38,792
All Other	1,634		1,870
Consolidated selling, general, and administrative expenses	$	40,369	$	40,662

Other segment items:(1)
Leaf	$	4,205	$	3,502
All Other	(29)		(872)
Consolidated other segment items	$	4,176	$	2,630

Leaf segment operating income	$	22,089	$	42,482
All Other operating loss	(1,008)		(1,922)
Restructuring and asset impairment charges	81		103
Consolidated operating income	$	21,000	$	40,457
Gain on debt retirement	—		1,323


Interest expense, net	29,767		33,272
(Loss) income before income taxes and other items	$	(8,767)	$	8,508
(1) Represents the other expense, net caption within the condensed consolidated statements of operations.


	Three months ended
	June 30,
	2025						2024
	Leaf		All Other		Total		Leaf		All Other		Total
Depreciation and amortization	$	4,800	$	369	$	5,169	$	4,723	$	404	$	5,127
Capital expenditures	2,008		656		2,664		4,093		255		4,348


	June 30, 2025						June 30, 2024						March 31, 2025
	Leaf		All Other		Total		Leaf		All Other		Total		Leaf		All Other		Total
Assets	$	1,904,739	$	35,786	$	1,940,525	$	1,752,886	$	39,825	$	1,792,711	$	1,466,400	$	37,443	$	1,503,843
Trade and other receivables, net	222,909		381		223,290		225,532		563		226,095		204,054		175		204,229
Equity in net assets of investee companies	89,198		6,461		95,659		96,912		6,906		103,818		90,238		6,690		96,928

- 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

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+ Details

PYXUS INTERNATIONAL, INC. 10-Q