Unaudited Quarterly Financial Data (Tables)

12 Months Ended

Mar. 31, 2020

Quarterly Financial Information Disclosure [Abstract]

Unaudited Quarterly Financial Data

	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Fiscal Year Ended March 31, 2020
Operating Results:
Sales and other operating revenues	$	296,915	$	475,921	$	505,049	$	632,094
Gross profit	58,650		96,029		92,973		109,160
Net income	895		29,747		29,318		18,043
Net income attributable to Universal Corporation	2,072		28,077		25,966		15,565
Earnings per common share:
Basic	0.08		1.12		1.04		0.63
Diluted	0.08		1.11		1.04		0.63
Cash Dividends Declared:
Per share of common stock	0.76		0.76		0.76		0.76
Market Price Range of Common Stock:
High	60.94		62.70		57.06		58.14
Low	51.02		49.39		50.27		38.58
Fiscal Year Ended March 31, 2019
Operating Results:
Sales and other operating revenues	$	379,719	$	539,604	$	636,107	$	671,723
Gross profit	72,221		99,460		115,430		119,480
Net income	11,060		34,293		31,089		33,692
Net income attributable to Universal Corporation	13,179		31,446		28,135		31,361
Earnings per common share:
Basic	0.53		1.25		1.12		1.25
Diluted	0.52		1.24		1.11		1.24
Cash Dividends Declared:
Per share of common stock	0.75		0.75		0.75		0.75
Market Price Range of Common Stock:
High	68.25		71.60		76.98		60.67
Low	46.40		55.66		53.03		52.60

Note:

Earnings per share amounts for each fiscal year may not equal the total of the four quarterly amounts due to differences in weighted-average outstanding shares for the respective periods.