Changes In Shareholders' Equity And Noncontrolling Interests In Subsidiaries

3 Months Ended

Jun. 30, 2015

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, 2015 and 2014 is as follows:

	Three Months Ended June 30, 2015									Three Months Ended June 30, 2014
(in thousands of dollars)	Universal Corporation			Non-controlling Interests			Total			Universal Corporation			Non-controlling Interests			Total
Balance at beginning of year	$	1,362,725		$	34,369		$	1,397,094		$	1,378,230		$	32,662		$	1,410,892
Changes in common stock
Issuance of common stock	—			—			—			187			—			187
Repurchase of common stock	—			—			—			(1,143		)	—			(1,143		)
Accrual of stock-based compensation	1,879			—			1,879			2,886			—			2,886
Withholding of shares from stock-based compensation for grantee income taxes	(2,037		)	—			(2,037		)	(1,988		)	—			(1,988		)
Dividend equivalents on RSUs	174			—			174			150			—			150
Changes in retained earnings
Net income (loss)	(5,947		)	(178		)	(6,125		)	717			(192		)	525
Cash dividends declared
Series B 6.75% convertible perpetual preferred stock	(3,687		)	—			(3,687		)	(3,712		)	—			(3,712		)
Common stock	(11,787		)	—			(11,787		)	(11,821		)	—			(11,821		)
Repurchase of common stock	—			—			—			(6,059		)	—			(6,059		)
Dividend equivalents on RSUs	(174		)	—			(174		)	(150		)	—			(150		)
Other comprehensive income (loss)	8,591			(86		)	8,505			580			244			824
Balance at end of period	$	1,349,737		$	34,105		$	1,383,842		$	1,357,877		$	32,714		$	1,390,591