Schedule II - Valuation And Qualifying Accounts

12 Months Ended

Mar. 31, 2024

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule II - Valuation And Qualifying Accounts

Schedule II - Valuation and Qualifying Accounts

Universal Corporation

Fiscal Years Ended March 31, 2024, 2023, and 2022

Description	Balance at Beginning of Year		Net Additions (Reversals) Charged to Expense		Additions Charged to Other Accounts		Deductions (1)		Balance at End of Year
(in thousands of dollars)
Fiscal Year Ended March 31, 2022:
Allowance for doubtful accounts (deducted from accounts receivable)	$	1,252	$	1,004	$	—	$	(468)	$	1,788
Allowance for supplier accounts (deducted from advances to suppliers and other noncurrent assets)	17,817		5,988		—		(4,833)		18,972
Allowance for recoverable taxes (deducted from other current assets and other noncurrent assets)	19,169		895		—		1,271		21,335
Fiscal Year Ended March 31, 2023:
Allowance for doubtful accounts (deducted from accounts receivable)	$	1,788	$	221	$	—	$	(397)	$	1,612
Allowance for supplier accounts (deducted from advances to suppliers and other noncurrent assets)	18,972		10,584		—		(5,169)		24,387
Allowance for recoverable taxes (deducted from other current assets and other noncurrent assets)	21,335		376		—		(75)		21,636
Fiscal Year Ended March 31, 2024:
Allowance for doubtful accounts (deducted from accounts receivable)	$	1,612	$	1,608	$	—	$	(484)	$	2,736
Allowance for supplier accounts (deducted from advances to suppliers and other noncurrent assets)	24,387		14,090		—		(18,834)		19,643
Allowance for recoverable taxes (deducted from other current assets and other noncurrent assets)	21,636		(276)		—		15		21,375

(1)     Includes direct write-offs of assets and currency remeasurement.