v3.25.4
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Mar. 31, 2025
Dec. 31, 2024
Current assets      
Cash and cash equivalents $ 129,840 $ 78,254 $ 103,342
Restricted cash 4,703 7,290 6,363
Trade receivables, net 246,812 189,239 326,641
Other receivables 21,700 15,040 17,518
Inventories, net 989,141 761,951 782,480
Advances to tobacco suppliers, net 102,136 30,745 91,838
Recoverable income taxes 12,970 6,616 2,659
Prepaid expenses 38,400 47,151 34,549
Other current assets 22,112 21,874 19,841
Total current assets 1,567,814 1,158,160 1,385,231
Investments in unconsolidated affiliates 101,600 96,928 97,258
Intangible assets, net 25,175 28,507 29,627
Deferred income taxes, net 12,771 13,567 7,056
Long-term recoverable income taxes 6,555 5,669 3,534
Other noncurrent assets 35,054 33,094 31,065
Right-of-use assets 29,230 29,742 30,069
Property, plant, and equipment, net 140,892 138,176 136,344
Total assets 1,919,091 1,503,843 1,720,184
Current liabilities      
Notes payable 833,733 395,030 608,648
Accounts payable 136,686 132,871 169,807
Advances from customers 63,916 135,607 88,444
Accrued expenses and other current liabilities 125,791 90,912 104,179
Income taxes payable 15,626 11,001 20,525
Operating leases payable 9,154 8,514 8,179
Current portion of long-term debt 0 12 49
Total current liabilities 1,184,906 773,947 999,831
Long-term taxes payable 3,263 5,187 3,735
Long-term debt 455,529 454,850 454,643
Deferred income taxes 10,831 8,818 8,265
Liability for unrecognized tax benefits 21,070 18,635 12,996
Long-term leases 18,610 19,584 19,399
Pension, postretirement, and other long-term liabilities 57,293 57,052 54,308
Total liabilities 1,751,502 1,338,073 1,553,177
Commitments and contingencies
Common Stock      
Common Stock—no par value: Authorized shares (250,000 for all periods) Issued and outstanding shares (24,608 for all periods) 393,664 392,899 392,688
Retained deficit (239,926) (240,125) (234,978)
Accumulated other comprehensive income 7,507 7,315 4,207
Total stockholders’ equity of Pyxus International, Inc. 161,245 160,089 161,917
Noncontrolling interests 6,344 5,681 5,090
Total stockholders’ equity 167,589 165,770 167,007
Total liabilities and stockholders’ equity $ 1,919,091 $ 1,503,843 $ 1,720,184