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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Mar. 31, 2018
Sep. 30, 2017
ASSETS      
Cash and cash equivalents $ 67,876 $ 234,128 $ 41,203
Accounts receivable, net 355,674 377,119 338,700
Advances to suppliers, net 53,823 122,786 66,580
Accounts receivable—unconsolidated affiliates 107,198 2,040 50,533
Inventories—at lower of cost or net realizable value:      
Tobacco 935,406 679,428 869,325
Other 87,958 69,301 90,108
Prepaid income taxes 17,131 16,032 21,110
Other current assets 73,862 88,209 94,294
Total current assets 1,698,928 1,589,043 1,571,853
Property, plant and equipment      
Land 23,020 23,180 22,822
Buildings 269,738 271,757 268,702
Machinery and equipment 642,915 634,660 612,722
Total property, plant and equipment 935,673 929,597 904,246
Less accumulated depreciation (613,130) (605,803) (587,465)
Property, plant and equipment, net 322,543 323,794 316,781
Other assets      
Goodwill and other intangibles 98,860 98,927 99,059
Investments in unconsolidated affiliates 83,962 89,302 86,247
Deferred income taxes 20,473 17,118 23,136
Other noncurrent assets 47,480 50,448 42,434
Total other assets 250,775 255,795 250,876
Total assets 2,272,246 2,168,632 2,139,510
LIABILITIES AND SHAREHOLDERS' EQUITY      
Notes payable and overdrafts 148,049 45,421 98,268
Accounts payable and accrued expenses 162,972 163,763 142,337
Accounts payable—unconsolidated affiliates 4,862 16,072 56
Customer advances and deposits 45,098 7,021 16,807
Accrued compensation 22,610 27,886 19,509
Income taxes payable 6,668 7,557 3,935
Current portion of long-term debt 0 0 0
Total current liabilities 390,259 267,720 280,912
Long-term debt 369,262 369,086 368,909
Pensions and other postretirement benefits 56,347 64,843 74,636
Other long-term liabilities 41,758 45,955 31,338
Deferred income taxes 36,202 35,726 54,733
Total liabilities 893,828 783,330 810,528
Shareholders' equity      
Series A Junior Participating Preferred Stock, no par value, 500,000 shares authorized, none issued or outstanding 0 0 0
Common stock, no par value, 100,000,000 shares authorized 24,968,799 shares issued and outstanding (25,114,349 at September 30, 2017, and 24,930,725 at March 31, 2018) 324,626 321,559 320,121
Retained earnings 1,084,763 1,080,934 1,027,147
Accumulated other comprehensive loss (73,048) (60,064) (58,887)
Total Universal Corporation shareholders' equity 1,336,341 1,342,429 1,288,381
Noncontrolling interests in subsidiaries 42,077 42,873 40,601
Total shareholders' equity 1,378,418 1,385,302 1,328,982
Total liabilities and shareholders' equity $ 2,272,246 $ 2,168,632 $ 2,139,510