XML 18 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Mar. 31, 2017
ASSETS    
Cash and cash equivalents $ 234,128 $ 283,993
Accounts receivable, net 377,119 439,288
Advances to suppliers, net 122,786 103,750
Accounts receivable—unconsolidated affiliates 2,040 2,373
Inventories—at lower of cost or net realizable value:    
Tobacco 679,428 565,943
Other 69,301 68,087
Prepaid income taxes 16,032 16,713
Other current assets 88,209 81,252
Total current assets 1,589,043 1,561,399
Property, plant and equipment    
Land 23,180 22,852
Buildings 271,757 266,802
Machinery and equipment 634,660 597,213
Total property, plant and equipment 929,597 886,867
Less accumulated depreciation (605,803) (569,527)
Property, plant and equipment, net 323,794 317,340
Other assets    
Goodwill and other intangibles 98,927 98,888
Investments in unconsolidated affiliates 89,302 78,457
Deferred income taxes 17,118 25,422
Other noncurrent assets 50,448 41,899
Total other assets 255,795 244,666
Total assets 2,168,632 2,123,405
Current liabilities    
Notes payable and overdrafts 45,421 59,133
Accounts payable and accrued expenses 163,763 153,515
Accounts payable—unconsolidated affiliates 16,072 7,231
Customer advances and deposits 7,021 11,007
Accrued compensation 27,886 32,007
Income taxes payable 7,557 5,103
Current portion of long-term debt 0 0
Total current liabilities 267,720 267,996
Long-term debt 369,086 368,733
Pensions and other postretirement benefits 64,843 80,689
Other long-term liabilities 45,955 31,424
Deferred income taxes 35,726 47,985
Total liabilities 783,330 796,827
Shareholders’ equity    
Common stock, no par value, 100,000,000 shares authorized, 24,930,725 shares issued and outstanding (25,274,506 at March 31, 2017) 321,559 321,207
Retained earnings 1,080,934 1,034,841
Accumulated other comprehensive loss (60,064) (69,559)
Total Universal Corporation shareholders' equity 1,342,429 1,286,489
Noncontrolling interests in subsidiaries 42,873 40,089
Total shareholders' equity 1,385,302 1,326,578
Total liabilities and shareholders' equity 2,168,632 2,123,405
Series A Junior Participating Preferred Stock [Member]    
Shareholders’ equity    
Preferred Stock $ 0 $ 0