v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Current assets      
Cash and cash equivalents $ 96,437 $ 78,254 $ 82,042
Restricted cash 4,945 7,290 7,061
Trade receivables, net 206,607 189,239 209,053
Other receivables 16,683 15,040 17,042
Inventories, net 1,121,788 761,951 1,014,527
Advances to tobacco suppliers, net 61,737 30,745 43,863
Recoverable income taxes 11,670 6,616 4,070
Prepaid expenses 50,011 47,151 47,270
Other current assets 21,123 21,874 17,219
Total current assets 1,591,001 1,158,160 1,442,147
Investments in unconsolidated affiliates 95,659 96,928 103,818
Intangible assets, net 27,387 28,507 32,728
Deferred income taxes, net 13,181 13,567 8,947
Long-term recoverable income taxes 4,956 5,669 3,985
Other noncurrent assets 39,315 33,094 33,097
Right-of-use assets 32,033 29,742 33,521
Property, plant, and equipment, net 136,993 138,176 134,468
Total assets 1,940,525 1,503,843 1,792,711
Current liabilities      
Notes payable 880,925 395,030 679,399
Accounts payable 124,341 132,871 115,312
Advances from customers 87,374 135,607 70,985
Accrued expenses and other current liabilities 104,162 90,912 99,052
Income taxes payable 10,449 11,001 8,706
Operating leases payable 9,565 8,514 7,822
Current portion of long-term debt 0 12 20,445
Total current liabilities 1,216,816 773,947 1,001,721
Long-term taxes payable 6,195 5,187 5,373
Long-term debt 455,091 454,850 531,461
Deferred income taxes 8,902 8,818 6,571
Liability for unrecognized tax benefits 21,935 18,635 19,257
Long-term leases 19,541 19,584 22,456
Pension, postretirement, and other long-term liabilities 57,805 57,052 52,760
Total liabilities 1,786,285 1,338,073 1,639,599
Commitments and contingencies
Common Stock      
Common Stock—no par value: Authorized shares (250,000 for all periods) Issued and outstanding shares (0, 25,000 and 24,608) 393,136 392,899 392,820
Retained deficit (255,950) (240,125) (250,649)
Accumulated other comprehensive income 10,811 7,315 6,092
Total stockholders’ equity of Pyxus International, Inc. 147,997 160,089 148,263
Noncontrolling interests 6,243 5,681 4,849
Total stockholders’ equity 154,240 165,770 153,112
Total liabilities and stockholders’ equity $ 1,940,525 $ 1,503,843 $ 1,792,711