Changes In Shareholders' Equity And Noncontrolling Interests In Subsidiaries

3 Months Ended

Jun. 30, 2017

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, 2017 and 2016 is as follows:

	Three Months Ended June 30, 2017									Three Months Ended June 30, 2016
(in thousands of dollars)	Universal Corporation			Non-controlling Interests			Total			Universal Corporation			Non-controlling Interests			Total
Balance at beginning of year	$	1,286,489		$	40,089		$	1,326,578		$	1,414,222		$	38,840		$	1,453,062
Changes in common stock
Accrual of stock-based compensation	2,660			—			2,660			2,187			—			2,187
Withholding of shares from stock-based compensation for grantee income taxes	(2,827		)	—			(2,827		)	(2,250		)	—			(2,250		)
Dividend equivalents on RSUs	175			—			175			161			—			161
Changes in retained earnings
Net income (loss)	3,577			(256		)	3,321			(5,476		)	(2,028		)	(7,504		)
Cash dividends declared
Series B 6.75% convertible perpetual preferred stock	—			—			—			(3,687		)	—			(3,687		)
Common stock	(13,676		)	—			(13,676		)	(12,066		)	—			(12,066		)
Dividend equivalents on RSUs	(175		)	—			(175		)	(161		)	—			(161		)
Other comprehensive income (loss)	5,836			(48		)	5,788			(4,609		)	(217		)	(4,826		)
Balance at end of period	$	1,282,059		$	39,785		$	1,321,844		$	1,388,321		$	36,595		$	1,424,916