v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating Activities:    
Net loss $ (7,039) $ (15,263)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 5,628 5,169
Debt amortization/interest 2,079 2,592
Loss on foreign currency transactions 801 7,725
Equity-based compensation 282 237
Income (loss) from unconsolidated affiliates, net of dividends 9,689 1,269
Changes in operating assets and liabilities, net    
Trade and other receivables 9,568 (52,367)
Inventories and advances to tobacco suppliers (339,578) (388,020)
Deferred items (1,950) 4,529
Recoverable income taxes (12,337) (4,477)
Payables and accrued expenses (13,776) 393
Advances from customers (6,747) (49,806)
Prepaid expenses (7,628) (2,660)
Income taxes 1,490 (838)
Other operating assets and liabilities 482 2,000
Other, net (672) (5,770)
Net cash used in operating activities (359,708) (495,287)
Investing Activities:    
Purchases of property, plant, and equipment (4,186) (4,279)
Collections from beneficial interests in securitized trade receivables 58,540 41,007
Other, net 233 913
Net cash provided by investing activities 54,587 37,641
Financing Activities:    
Net proceeds from short-term borrowings 353,603 476,945
Proceeds from revolving loan facilities 45,000 81,000
Repayment of revolving loan facilities (45,000) (81,000)
Debt issuance costs (5,134) (2,825)
Other, net 0 361
Net cash provided by financing activities 348,469 474,481
Effect of exchange rate changes on cash (1,452) (997)
Increase in cash, cash equivalents, and restricted cash 41,896 15,838
Cash and cash equivalents at beginning of period 134,337 78,254
Restricted cash at beginning of period 3,316 7,290
Cash, cash equivalents, and restricted cash at end of period 179,549 101,382
Other information:    
Cash paid for income taxes, net 3,886 2,609
Cash paid for interest, net 27,108 25,988
Noncash investing activities:    
Noncash amounts obtained as a beneficial interest in exchange for transferring trade receivables in a securitization transaction $ 28,595 $ 30,017