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Consolidated Statements Of Income And Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Sales and other operating revenues $ 475,921 $ 539,604 $ 772,836 $ 919,323
Costs and expenses        
Cost of goods sold 379,892 440,144 618,157 747,642
Selling, general and administrative expenses 52,830 45,090 103,966 108,942
Operating income 43,199 54,370 50,713 62,739
Equity in pretax earnings of unconsolidated affiliates [1] 2,310 (614) 2,350 (75)
Other non-operating income 633 196 1,260 386
Interest income 240 299 1,248 811
Interest expense 5,136 4,593 9,164 8,542
Income before income taxes and other items 41,246 49,658 46,407 55,319
Income taxes 11,499 15,365 15,765 9,966
Net income 29,747 34,293 30,642 45,353
Less: net income attributable to noncontrolling interests in subsidiaries (1,670) (2,847) (493) (728)
Net income attributable to Universal Corporation $ 28,077 $ 31,446 $ 30,149 $ 44,625
Earnings per share:        
Basic $ 1.12 $ 1.25 $ 1.20 $ 1.78
Diluted $ 1.11 $ 1.24 $ 1.19 $ 1.76
Weighted average common shares outstanding:        
Basic 25,086,580 25,152,864 25,122,283 25,108,724
Diluted 25,197,325 25,337,720 25,240,600 25,311,292
Total comprehensive income (loss)        
Total comprehensive income, net of income taxes $ 14,908 $ 34,582 $ 11,456 $ 32,105
Less: comprehensive income attributable to noncontrolling interests (1,546) (2,742) (492) (464)
Comprehensive income (loss) attributable to Universal Corporation $ 13,362 $ 31,840 $ 10,964 $ 31,641
Dividends declared per common share $ 0.76 $ 0.75 $ 1.52 $ 1.50
[1] Equity in pretax earnings (loss) 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 and comprehensive income