Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2023	Mar. 31, 2023	Sep. 30, 2022
ASSETS
Cash and cash equivalents	$ 99,683	$ 64,690	$ 58,855
Accounts receivable, net	368,924	402,073	469,406
Advances to suppliers, net	105,637	170,801	106,475
Accounts receivable—unconsolidated affiliates	55,409	12,210	51,179
Inventories—at lower of cost or net realizable value:
Tobacco	1,086,240	833,876	968,167
Other	212,268	202,907	234,581
Prepaid income taxes	23,918	16,493	14,820
Other current assets	95,634	99,840	87,910
Total current assets	2,047,713	1,802,890	1,991,393
Property, plant and equipment
Land	26,262	24,926	23,998
Buildings	316,180	311,138	300,925
Machinery and equipment	705,977	689,220	659,409
Total property, plant and equipment	1,048,419	1,025,284	984,332
Less accumulated depreciation	(691,811)	(674,122)	(643,584)
Property, plant and equipment, net	356,608	351,162	340,748
Other assets
Operating lease right-of-use assets	36,318	40,505	43,278
Goodwill, net	213,856	213,922	213,803
Other intangibles, net	74,475	80,101	86,129
Investments in unconsolidated affiliates	70,618	76,184	70,878
Deferred income taxes	16,192	13,091	18,180
Pension asset	10,650	9,984	12,740
Other noncurrent assets	35,342	51,343	36,848
Total other assets	457,451	485,130	481,856
Total assets	2,861,772	2,639,182	2,813,997
LIABILITIES AND SHAREHOLDERS' EQUITY
Notes payable and overdrafts	301,379	195,564	582,382
Accounts payable	70,737	83,213	63,823
Accounts payable—unconsolidated affiliates	166	5,830	0
Customer advances and deposits	166,505	3,061	12,644
Accrued compensation	26,772	33,108	20,944
Income taxes payable	4,494	3,274	4,589
Current portion of operating lease liabilities	10,469	11,404	10,735
Accrued expenses and other current liabilities	120,623	106,533	103,330
Current portion of long-term debt	0	0	0
Total current liabilities	701,145	441,987	798,447
Long-term debt	617,086	616,809	518,923
Pensions and other postretirement benefits	42,378	42,769	49,398
Long-term operating lease liabilities	22,804	25,540	27,905
Other long-term liabilities	15,769	32,512	15,302
Deferred income taxes	45,082	42,613	49,289
Total liabilities	1,444,264	1,202,230	1,459,264
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 24,558,493 shares issued and outstanding at September 30, 2023 (24,555,361 at September 30, 2022 and 24,555,361 at March 31, 2023)	339,241	337,247	333,540
Retained earnings	1,119,615	1,136,898	1,080,920
Accumulated other comprehensive loss	(74,667)	(77,057)	(89,606)
Total Universal Corporation shareholders' equity	1,384,189	1,397,088	1,324,854
Noncontrolling interests in subsidiaries	33,319	39,864	29,879
Total shareholders' equity	1,417,508	1,436,952	1,354,733
Total liabilities and shareholders' equity	$ 2,861,772	$ 2,639,182	$ 2,813,997