| Schedule of Analysis of Segment and All Other Category Segment |
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 | Nine Months Ended | | December 31, | December 31, | | 2025 | 2024 | 2025 | 2024 | | Sales and other operating revenues: | | | | | | Leaf | $ | 652,448 | | $ | 775,335 | | $ | 1,727,514 | | $ | 1,970,469 | | | All Other | 3,350 | | 2,972 | | 7,309 | | 9,076 | | | Consolidated sales and other operating revenues | $ | 655,798 | | $ | 778,307 | | $ | 1,734,823 | | $ | 1,979,545 | | | | | | | | Cost of goods and services sold: | | | | | | Leaf | $ | 553,138 | | $ | 659,367 | | $ | 1,475,077 | | $ | 1,692,517 | | | All Other | 2,768 | | 2,493 | | 6,439 | | 11,260 | | | Consolidated cost of goods and services sold | $ | 555,906 | | $ | 661,860 | | $ | 1,481,516 | | $ | 1,703,777 | | | | | | | | Selling, general, and administrative expenses: | | | | | | Leaf | $ | 37,007 | | $ | 44,719 | | $ | 114,529 | | $ | 121,141 | | | All Other | 1,277 | | 1,794 | | 4,266 | | 4,909 | | | Consolidated selling, general, and administrative expenses | $ | 38,284 | | $ | 46,513 | | $ | 118,795 | | $ | 126,050 | | | | | | | Other segment items:(1) | | | | | | Leaf | $ | 8,677 | | $ | 3,821 | | $ | 14,041 | | $ | 10,618 | | | All Other | 141 | | (57) | | (168) | | (932) | | | Consolidated other segment items | $ | 8,818 | | $ | 3,764 | | $ | 13,873 | | $ | 9,686 | | | | | | | | Leaf segment operating income | $ | 53,626 | | $ | 67,428 | | $ | 123,867 | | $ | 146,193 | | | All Other operating loss | (836) | | (1,258) | | (3,228) | | (6,161) | | | Restructuring and asset impairment charges | 1,504 | | 89 | | 1,625 | | 416 | | | Consolidated operating income | $ | 51,286 | | $ | 66,081 | | $ | 119,014 | | $ | 139,616 | | | Gain on debt retirement | — | | — | | — | | 8,178 | | | | | | | | Gain on pension settlement | 373 | | — | | 373 | | — | | | Interest expense, net | 36,566 | | 32,913 | | 104,255 | | 101,935 | | | Income before income taxes and other items | $ | 15,093 | | $ | 33,168 | | $ | 15,132 | | $ | 45,859 | | (1) Represents the other expense, net caption within the condensed consolidated statements of operations. |
| | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | December 31, | | 2025 | 2024 | | Leaf | All Other | Total | Leaf | All Other | Total | | Depreciation and amortization | $ | 4,899 | | $ | 381 | | $ | 5,280 | | $ | 4,457 | | $ | 389 | | $ | 4,846 | | | Capital expenditures | 4,592 | | 719 | | 5,311 | | 4,761 | | 560 | | 5,321 | | | | | | | | | | Nine Months Ended | | December 31, | | 2025 | 2024 | | Leaf | All Other | Total | Leaf | All Other | Total | | Depreciation and amortization | $ | 14,512 | | $ | 1,135 | | $ | 15,647 | | $ | 13,864 | | $ | 1,174 | | $ | 15,038 | | | Capital expenditures | 12,467 | | 1,723 | | 14,190 | | 13,031 | | 1,583 | | 14,614 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | December 31, 2024 | March 31, 2025 | | Leaf | All Other | Total | Leaf | All Other | Total | Leaf | All Other | Total | | Assets | $ | 1,884,453 | | $ | 34,638 | | $ | 1,919,091 | | $ | 1,683,709 | | $ | 36,475 | | $ | 1,720,184 | | $ | 1,466,400 | | $ | 37,443 | | $ | 1,503,843 | | | Trade and other receivables, net | 268,149 | | 363 | | 268,512 | | 343,706 | | 453 | | 344,159 | | 204,054 | | 175 | | 204,229 | | | Investments in unconsolidated affiliates | 95,097 | | 6,503 | | 101,600 | | 90,695 | | 6,563 | | 97,258 | | 90,238 | | 6,690 | | 96,928 | |
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