Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2024	Mar. 31, 2024	Jun. 30, 2023
ASSETS
Cash and cash equivalents	$ 101,700	$ 55,593	$ 80,518
Accounts receivable, net	435,941	525,262	375,564
Advances to suppliers, net	100,451	139,064	111,176
Accounts receivable—unconsolidated affiliates	60,991	5,385	73,286
Inventories—at lower of cost or net realizable value:
Tobacco	1,202,341	1,070,580	1,100,722
Other	187,743	193,518	198,730
Prepaid income taxes	23,576	19,484	21,640
Other current assets	85,712	93,655	93,153
Total current assets	2,198,455	2,102,541	2,054,789
Property, plant and equipment
Land	25,926	26,244	24,930
Buildings	326,988	323,969	312,014
Machinery and equipment	702,153	693,868	705,045
Total property, plant and equipment	1,055,067	1,044,081	1,041,989
Less accumulated depreciation	(680,011)	(678,201)	(685,042)
Property, plant and equipment, net	375,056	365,880	356,947
Other assets
Operating lease right-of-use assets	30,582	32,510	36,890
Goodwill, net	213,810	213,869	213,893
Other intangibles, net	66,074	68,883	77,290
Investments in unconsolidated affiliates	75,531	76,289	73,466
Deferred income taxes	18,287	15,181	15,187
Pension asset	12,075	11,857	10,516
Other noncurrent assets	43,098	50,229	48,681
Total other assets	459,457	468,818	475,923
Total assets	3,032,968	2,937,239	2,887,659
LIABILITIES AND SHAREHOLDERS' EQUITY
Notes payable and overdrafts	581,087	417,217	359,832
Accounts payable	79,747	108,727	88,362
Accounts payable—unconsolidated affiliates	0	1,621	1,495
Customer advances and deposits	15,660	17,179	103,436
Accrued compensation	20,903	39,766	20,890
Income taxes payable	10,766	7,477	5,620
Current portion of operating lease liabilities	9,588	10,356	10,673
Accrued expenses and other current liabilities	128,305	109,015	127,564
Current portion of long-term debt	0	0	0
Total current liabilities	846,056	711,358	717,872
Long-term debt	617,502	617,364	616,948
Pensions and other postretirement benefits	43,386	43,251	42,725
Long-term operating lease liabilities	17,457	19,302	23,343
Other long-term liabilities	27,167	27,902	29,160
Deferred income taxes	37,901	39,139	44,432
Total liabilities	1,589,469	1,458,316	1,474,480
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 24,675,988 shares issued and outstanding at June 30, 2024 (24,636,600 at June 30, 2023 and 24,573,408 at March 31, 2024)	347,152	345,596	338,445
Retained earnings	1,153,026	1,173,196	1,114,822
Accumulated other comprehensive loss	(86,721)	(81,585)	(72,547)
Total Universal Corporation shareholders' equity	1,413,457	1,437,207	1,380,720
Noncontrolling interests in subsidiaries	30,042	41,716	32,459
Total shareholders' equity	1,443,499	1,478,923	1,413,179
Total liabilities and shareholders' equity	$ 3,032,968	$ 2,937,239	$ 2,887,659