Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2021	Mar. 31, 2021	Sep. 30, 2020
ASSETS
Cash and cash equivalents	$ 100,682	$ 197,221	$ 57,084
Accounts receivable, net	297,442	367,482	329,332
Advances to suppliers, net	82,192	121,618	65,643
Accounts receivable—unconsolidated affiliates	63,112	584	47,807
Inventories—at lower of cost or net realizable value:
Tobacco	854,331	640,653	888,213
Other	161,001	145,965	116,299
Prepaid income taxes	23,112	15,029	20,712
Other current assets	76,050	66,806	69,564
Total current assets	1,657,922	1,555,358	1,594,654
Property, plant and equipment
Land	22,502	22,400	21,515
Buildings	289,939	284,430	259,875
Machinery and equipment	653,789	658,826	657,435
Total property, plant and equipment	966,230	965,656	938,825
Less accumulated depreciation	(630,766)	(616,146)	(617,553)
Property, plant and equipment, net	335,464	349,510	321,272
Other assets
Operating lease right-of-use assets	33,790	31,230	35,665
Goodwill, net	172,964	173,051	126,910
Other intangibles, net	67,510	72,304	16,309
Investments in unconsolidated affiliates	84,517	84,218	82,628
Deferred income taxes	17,193	12,149	22,615
Pension asset	13,381	11,950	0
Other noncurrent assets	43,057	52,154	42,239
Total other assets	432,412	437,056	326,366
Total assets	2,425,798	2,341,924	2,242,292
LIABILITIES AND SHAREHOLDERS' EQUITY
Notes payable and overdrafts	184,982	101,294	235,413
Accounts payable and accrued expenses	157,082	139,484	133,034
Accounts payable—unconsolidated affiliates	2,414	1,282	117
Customer advances and deposits	25,219	8,765	8,049
Accrued compensation	19,591	29,918	19,499
Income taxes payable	1,136	4,516	2,947
Current portion of operating lease liabilities	8,985	7,898	9,105
Current portion of long-term debt	0	0	0
Total current liabilities	399,409	293,157	408,164
Long-term debt	518,422	518,172	368,894
Pensions and other postretirement benefits	54,598	57,637	64,947
Long-term operating lease liabilities	22,530	19,725	22,813
Other long-term liabilities	55,174	59,814	72,657
Deferred income taxes	42,239	44,994	25,941
Total liabilities	1,092,372	993,499	963,416
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 24,607,384 shares issued and outstanding at September 30, 2021 (24,514,867 at September 30, 2020 and 24,514,867 at March 31, 2021)	328,836	326,673	323,761
Retained earnings	1,074,629	1,087,663	1,053,295
Accumulated other comprehensive loss	(106,133)	(107,037)	(137,556)
Total Universal Corporation shareholders' equity	1,297,332	1,307,299	1,239,500
Noncontrolling interests in subsidiaries	36,094	41,126	39,376
Total shareholders' equity	1,333,426	1,348,425	1,278,876
Total liabilities and shareholders' equity	$ 2,425,798	$ 2,341,924	$ 2,242,292