Comprehensive Income

9 Months Ended

Dec. 31, 2011

Comprehensive Income [Abstract]

Comprehensive Income

NOTE 6. COMPREHENSIVE INCOME

Comprehensive income for each period presented in the consolidated statements of income and retained earnings was as follows:

	Three Months Ended December 31,						Nine Months Ended December 31,
(in thousands of dollars - all amounts net of income taxes)	2011			2010			2011			2010
Net income	$	61,602		$	57,585		$	70,927		$	135,786
Foreign currency translation adjustment		(4,947	)		(2,252	)		(11,978	)		(1,091	)
Foreign currency hedge adjustment		(2,205	)		(304	)		(4,963	)		161
Interest rate hedge adjustment		(533	)		—			(533	)		—
Total comprehensive income		53,917			55,029			53,453			134,856
Less: comprehensive income attributable to noncontrolling interests  in subsidiaries (including foreign currency translation adjustment)		(3,095	)		(5,279	)		(4,525	)		(6,410	)
Comprehensive income attributable to Universal Corporation	$	50,822		$	49,750		$	48,928		$	128,446