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Consolidated Statements Of Income And Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Sales and other operating revenues $ 275,419 $ 271,472
Costs and Expenses    
Cost of goods sold 227,030 215,932
Selling, general and administrative expenses 51,296 63,777
Restructuring and impairment costs [1] 2,389 0
Operating income (5,296) (8,237)
Equity in pretax earnings (loss) of unconsolidated affiliates [2] (616) 601
Interest income 239 143
Interest expense 3,884 4,020
Income (loss) before income taxes (9,557) (11,513)
Income tax expense (benefit) (3,432) (12,038)
Net income (loss) (6,125) 525
Less: net loss attributable to noncontrolling interests in subsidiaries 178 192
Net income (loss) attributable to Universal Corporation (5,947) 717
Dividends on Universal Corporation convertible perpetual preferred stock (3,687) (3,712)
Earnings (loss) available to Universal Corporation common shareholders $ (9,634) $ (2,995)
Earnings (loss) per share attributable to Universal Corporation common shareholders:    
Basic $ (0.43) $ (0.13)
Diluted $ (0.43) $ (0.13)
Weighted average common shares outstanding:    
Basic 22,622,930 23,223,343
Diluted 22,622,930 23,223,343
Total comprehensive income:    
Total comprehensive income, net of income taxes $ 2,380 $ 1,349
Less: comprehensive (income) loss attributable to noncontrolling interests, net of income taxes 264 (52)
Comprehensive income attributable to Universal Corporation, net of income taxes $ 2,644 $ 1,297
Dividends declared per common share $ 0.52 $ 0.51
[1] Restructuring and impairment costs are excluded from segment operating income (loss), but are included in consolidated operating income (loss) in the consolidated statements of income and comprehensive income.
[2] Equity in pretax loss (earnings) of unconsolidated affiliates is included in segment operating income (loss) (Other Tobacco Operations segment), but is reported below consolidated operating income (loss) and excluded from that total in the consolidated statements of income and comprehensive income.