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Consolidated Statements Of Income - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2017
Income Statement [Abstract]      
Sales and other operating revenues $ 2,227,153 $ 2,033,947 $ 2,071,218
Costs and expenses      
Cost of goods sold 1,820,562 1,661,999 1,676,539
Selling, general and administrative expenses 225,118 201,123 211,919
Restructuring and impairment costs 20,304 0 4,359
Operating income 161,169 170,825 178,401
Equity in pretax earnings of unconsolidated affiliates [1] 5,299 9,125 5,774
Other non-operating income (expense) 832 662 (50)
Interest income 1,532 1,686 1,397
Interest expense 17,510 15,621 16,284
Income before income taxes 151,322 166,677 169,238
Income taxes 41,188 50,509 56,732
Net income 110,134 116,168 112,506
Less: net income attributable to noncontrolling interests in subsidiaries (6,013) (10,506) (6,202)
Net income attributable to Universal Corporation 104,121 105,662 106,304
Dividends on Universal Corporation convertible perpetual preferred stock 0 0 (11,061)
Cost in excess of carrying value on conversion/repurchase of convertible perpetual preferred stock 0 0 (74,353)
Earnings available to Universal Corporation common shareholders $ 104,121 $ 105,662 $ 20,890
Earnings per share attributable to Universal Corporation common shareholders:      
Basic $ 4.14 $ 4.18 $ 0.89
Diluted $ 4.11 $ 4.14 $ 0.88
Weighted average common shares outstanding:      
Basic 25,129,192 25,274,975 23,433,860
Diluted 25,330,437 25,508,144 23,770,088
[1]
Equity in pretax earnings of unconsolidated affiliates is included in segment operating income (Other Tobacco Operations segment), but is reported below consolidated operating income and excluded from that total in the consolidated statements of income.