Changes In Shareholders' Equity And Noncontrolling Interests In Subsidiaries

3 Months Ended

Jun. 30, 2013

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]

Changes In Shareholders' Equity And Noncontrolling Interests In Subsidiaries

CHANGES IN SHAREHOLDERS' EQUITY AND NONCONTROLLING INTERESTS IN SUBSIDIARIES

A reconciliation of the changes in Universal Corporation shareholders’ equity and noncontrolling interests in subsidiaries for the three months ended June 30, 2013 and 2012 is as follows:

	Three Months Ended June 30, 2013									Three Months Ended June 30, 2012
(in thousands of dollars)	Universal Corporation			Non-controlling Interests			Total			Universal Corporation			Non-controlling Interests		Total
Balance at beginning of year	$	1,258,571		$	29,086		$	1,287,657		$	1,183,451		$	22,539	$	1,205,990
Changes in common stock
Issuance of common stock	457			—			457			—			—		—
Repurchase of common stock	(2,049		)	—			(2,049		)	—			—		—
Accrual of stock-based compensation	2,803			—			2,803			2,136			—		2,136
Withholding of shares from stock-based compensation for grantee income taxes (SARs, RSUs, and PSAs)	(2,372		)	—			(2,372		)	(2,004		)	—		(2,004		)
Dividend equivalents on RSUs	139			—			139			143			—		143
Changes in retained earnings
Net income	58,309			(4,396		)	53,913			23,125			2,108		25,233
Cash dividends declared
Series B 6.75% convertible perpetual preferred stock	(3,712		)	—			(3,712		)	(3,712		)	—		(3,712		)
Common stock	(11,600		)	—			(11,600		)	(11,444		)	—		(11,444		)
Repurchase of common stock	(12,096		)	—			(12,096		)	—			—		—
Dividend equivalents on RSUs	(139		)	—			(139		)	(143		)	—		(143		)
Other comprehensive income (loss)	1,830			(326		)	1,504			(9,868		)	89		(9,779		)
Balance at end of period	$	1,290,141		$	24,364		$	1,314,505		$	1,181,684		$	24,736	$	1,206,420