Earnings Per Share (Tables)

12 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Computation Of Basic And Diluted Earnings (Loss) Per Share

The following table sets forth the computation of basic and diluted earnings per share:

	Fiscal Year Ended March 31,
(in thousands, except share and per share data)	2022		2021		2020
Basic Earnings Per Share
Numerator for basic earnings per share
Net income attributable to Universal Corporation	$	86,577	$	87,410	$	71,680
Denominator for basic earnings per share
Weighted average shares outstanding	24,764,177		24,656,009		24,982,259
Basic earnings per share	$	3.50	$	3.55	$	2.87
Diluted Earnings Per Share
Numerator for diluted earnings per share
Net income attributable to Universal Corporation	$	86,577	$	87,410	$	71,680
Denominator for diluted earnings per share:
Weighted average shares outstanding	24,764,177		24,656,009		24,982,259
Effect of dilutive securities
Employee and outside director share-based awards	158,719		132,557		124,092
Denominator for diluted earnings per share	24,922,896		24,788,566		25,106,351
Diluted earnings per share	$	3.47	$	3.53	$	2.86