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Changes In Shareholders' Equity And Noncontrolling Interests In Subsidiaries
 9 Months Ended
Dec. 31, 2018
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 nine months ended December 31, 2018 and 2017 is as follows:

 
 
Nine Months Ended December 31, 2018
 
Nine Months Ended December 31, 2017
(in thousands of dollars)
 
Universal Corporation
 
Non-controlling Interests
 
Total
 
Universal Corporation
 
Non-controlling Interests
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at beginning of year
 
$
1,342,429

 
$
42,873

 
$
1,385,302

 
$
1,286,489

 
$
40,089

 
$
1,326,578

 
 
 
 
 
 
 
 
 
 
 
 
 
Changes in common stock
 
 

 
 

 
 
 
 

 
 

 
 
Repurchase of common stock
 
(397
)
 
—

 
(397
)
 
(2,790
)
 
—

 
(2,790
)
Accrual of stock-based compensation
 
7,104

 
—

 
7,104

 
5,714

 
—

 
5,714

Withholding of shares from stock-based compensation for grantee income taxes
 
(2,657
)
 
—

 
(2,657
)
 
(2,828
)
 
—

 
(2,828
)
Dividend equivalents on RSUs
 
714

 
—

 
714

 
529

 
—

 
529

 
 
 
 
 
 
 
 
 
 
 
 
 
Changes in retained earnings
 
 

 
 

 
 
 
 

 
 

 
 
Net income
 
72,760

 
3,682

 
76,442

 
75,144

 
6,702

 
81,846

Cash dividends declared
 
 
 
 
 
 
 
 

 
 

 
 
Common stock
 
(56,171
)
 
—

 
(56,171
)
 
(41,051
)
 
—

 
(41,051
)
Repurchase of common stock
 
(1,046
)
 
—

 
(1,046
)
 
(9,849
)
 
—

 
(9,849
)
Dividend equivalents on RSUs
 
(714
)
 
—

 
(714
)
 
(529
)
 
—

 
(529
)
Adoption of FASB Accounting Standards Update 2016-16 eliminating deferred income taxes on unrecognized gains on intra-entity transfers of assets other than inventory
 
(1,934
)
 
—

 
(1,934
)
 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
Other comprehensive income (loss)
 
(15,603
)
 
3

 
(15,600
)
 
14,115

 
198

 
14,313

 
 
 
 
 
 
 
 
 
 
 
 
 
Other changes in noncontrolling interests
 
 
 
 
 
 
 
 
 
 
 
 
Dividends paid to noncontrolling shareholders
 
—

 
(1,260
)
 
(1,260
)
 
—

 
(1,260
)
 
(1,260
)
Balance at end of period
 
$
1,344,485

 
$
45,298

 
$
1,389,783

 
$
1,324,944

 
$
45,729

 
$
1,370,673