Changes In Shareholders' Equity And Noncontrolling Interests In Subsidiaries (Tables)

3 Months Ended

Jun. 30, 2012



	Three Months Ended June 30, 2012								Three Months Ended June 30, 2011
(in thousands of dollars)	Universal Corporation			Non-controlling Interests		Total			Universal Corporation			Non-controlling Interests			Total

Balance at beginning of year	$	1,183,451		$	22,539	$	1,205,990		$	1,185,606		$	13,799		$	1,199,405
Changes in common stock
Issuance of common stock	—			—		—			124			—			124
Repurchase of common stock	—			—		—			(661		)	—			(661		)
Accrual of stock-based compensation	2,136			—		2,136			2,536			—			2,536
Withholding of shares from stock-based compensation for grantee income taxes (SARs, RSUs, and PSAs)	(2,004		)	—		(2,004		)	(1,135		)	—			(1,135		)
Dividend equivalents on RSUs	143			—		143			118			—			118

Changes in retained earnings
Net income	23,125			2,108		25,233			15,888			1,434			17,322
Cash dividends declared
Series B 6.75% convertible perpetual preferred stock	(3,712		)	—		(3,712		)	(3,712		)	—			(3,712		)
Common stock	(11,444		)	—		(11,444		)	(11,189		)	—			(11,189		)
Repurchase of common stock	—			—		—			(2,827		)	—			(2,827		)
Dividend equivalents on RSUs	(143		)	—		(143		)	(118		)	—			(118		)
Other comprehensive income (loss)
Foreign currency translation, net of income taxes	(5,307		)	89		(5,218		)	2,568			(4		)	2,564
Foreign currency hedge, net of income taxes	(5,810		)	—		(5,810		)	2,298			—			2,298
Interest rate hedge, net of income taxes	(429		)	—		(429		)	—			—			—
Pension and other postretirement benefits, net of income taxes	1,678			—		1,678			803			—			803
Balance at end of period	$	1,181,684		$	24,736	$	1,206,420		$	1,190,299		$	15,229		$	1,205,528