Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022
ASSETS
Cash and cash equivalents	$ 80,518	$ 64,690	$ 86,566
Accounts receivable, net	375,564	402,073	319,114
Advances to suppliers, net	111,176	170,801	99,875
Accounts receivable—unconsolidated affiliates	73,286	12,210	48,512
Inventories—at lower of cost or net realizable value:
Tobacco	1,100,722	833,876	1,080,362
Other	198,730	202,907	198,966
Prepaid income taxes	21,640	16,493	11,370
Other current assets	93,153	99,840	90,380
Total current assets	2,054,789	1,802,890	1,935,145
Property, plant and equipment
Land	24,930	24,926	23,872
Buildings	312,014	311,138	294,179
Machinery and equipment	705,045	689,220	669,967
Total property, plant and equipment	1,041,989	1,025,284	988,018
Less accumulated depreciation	(685,042)	(674,122)	(642,918)
Property, plant and equipment, net	356,947	351,162	345,100
Other assets
Operating lease right-of-use assets	36,890	40,505	41,099
Goodwill, net	213,893	213,922	213,902
Other intangibles, net	77,290	80,101	89,352
Investments in unconsolidated affiliates	73,466	76,184	75,188
Deferred income taxes	15,187	13,091	14,532
Pension asset	10,516	9,984	12,704
Other noncurrent assets	48,681	51,343	52,356
Total other assets	475,923	485,130	499,133
Total assets	2,887,659	2,639,182	2,779,378
LIABILITIES AND SHAREHOLDERS' EQUITY
Notes payable and overdrafts	359,832	195,564	454,659
Accounts payable	88,362	83,213	121,702
Accounts payable—unconsolidated affiliates	1,495	5,830	88
Customer advances and deposits	103,436	3,061	19,438
Accrued compensation	20,890	33,108	15,933
Income taxes payable	5,620	3,274	5,708
Current portion of operating lease liabilities	10,673	11,404	10,568
Accrued expenses and other current liabilities	127,564	106,533	113,916
Current portion of long-term debt	0	0	0
Total current liabilities	717,872	441,987	742,012
Long-term debt	616,948	616,809	518,798
Pensions and other postretirement benefits	42,725	42,769	51,528
Long-term operating lease liabilities	23,343	25,540	28,727
Other long-term liabilities	29,160	32,512	30,024
Deferred income taxes	44,432	42,613	48,230
Total liabilities	1,474,480	1,202,230	1,419,319
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 24,636,600 shares issued and outstanding at June 30, 2023 (24,605,889 at June 30, 2022 and 24,555,361 at March 31, 2023)	338,445	337,247	332,520
Retained earnings	1,114,822	1,136,898	1,081,309
Accumulated other comprehensive loss	(72,547)	(77,057)	(88,066)
Total Universal Corporation shareholders' equity	1,380,720	1,397,088	1,325,763
Noncontrolling interests in subsidiaries	32,459	39,864	34,296
Total shareholders' equity	1,413,179	1,436,952	1,360,059
Total liabilities and shareholders' equity	$ 2,887,659	$ 2,639,182	$ 2,779,378