XML 18 R25.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss) (Tables) | 9 Months Ended
--- | ---
Dec. 31, 2013
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Schedule of Accumulated Other Comprehensive Income (Loss) | The following table summarizes the changes in the accumulated balances for each component of accumulated other comprehensive income attributable to the Company for the nine months ended December 31, 2013 and 2012:
|  | Nine Months Ended December 31,
(in thousands of dollars) |  | 2013 |  | 2012
Foreign currency translation: |  |  |  |
Balance at beginning of year |  | $ | (15,555 | ) |  | $ | (11,850 | )
Other comprehensive income (loss) attributable to Universal Corporation: |  |  |  |
Net gain (loss) on foreign currency translation (net of tax (expense) benefit of $(3,666) and $184) |  | 6,807 |  |  | (342 | )
Less: Net loss (gain) on foreign currency translation attributable to noncontrolling interests |  | 523 |  |  | (292 | )
Other comprehensive income (loss) attributable to Universal Corporation, net of income taxes |  | 7,330 |  |  | (634 | )
Balance at end of period |  | $ | (8,225 | ) |  | $ | (12,484 | )
Foreign currency hedge: |  |  |  |
Balance at beginning of year |  | $ | (855 | ) |  | $ | (942 | )
Other comprehensive income (loss) attributable to Universal Corporation: |  |  |  |
Net gain (loss) on derivative instruments (net of tax benefit of $478 and $2,634) |  | (888 | ) |  | (4,891 | )
Reclassification to earnings (net of tax benefit of $1,149 and $3,185) (1) |  | 2,135 |  |  | 5,914 |
Other comprehensive income (loss) attributable to Universal Corporation, net of income taxes |  | 1,247 |  |  | 1,023 |
Balance at end of period |  | $ | 392 |  |  | $ | 81 |
Interest rate hedge: |  |  |  |
Balance at beginning of year |  | $ | (1,091 | ) |  | $ | (727 | )
Other comprehensive income (loss) attributable to Universal Corporation: |  |  |  |
Net gain (loss) on derivative instruments (net of tax benefit of $23 and $512) |  | (42 | ) |  | (951 | )
Reclassification to earnings (net of tax benefit of $237 and $242) (2) |  | 439 |  |  | 450 |
Other comprehensive income (loss) attributable to Universal Corporation, net of income taxes |  | 397 |  |  | (501 | )
Balance at end of period |  | $ | (694 | ) |  | $ | (1,228 | )
Pension and other postretirement benefit plans: |  |  |  |
Balance at beginning of year |  | $ | (58,039 | ) |  | $ | (66,842 | )
Other comprehensive income (loss) attributable to Universal Corporation: |  |  |  |
Gains arising during the period (net of taxes of $5,600) (3) |  | 10,400 |  |  | — |
Prior service credit arising during the period (net of taxes of $6,809) (3) |  | 12,646 |  |  | — |
Amortization included in earnings (net of tax benefit of $1,823 and $3,860) (4) |  | 3,385 |  |  | 7,168 |
Other comprehensive income (loss) attributable to Universal Corporation, net of income taxes |  | 26,431 |  |  | 7,168 |
Balance at end of period |  | $ | (31,608 | ) |  | $ | (59,674 | )
Total accumulated other comprehensive income (loss) at end of period |  | $ | (40,135 | ) |  | $ | (73,305 | )
(1) Gain (loss) on foreign currency cash flow hedges is reclassified from accumulated other comprehensive income (loss) to cost of goods sold when the related tobacco is sold to customers. See Note 7 for additional information. (2) Gain (loss) on interest rate cash flow hedges is reclassified from accumulated other comprehensive income (loss) to interest expense when the related interest payments are made on the debt. See Note 7 for additional information. (3) The Company remeasured the assets and liabilities of its U.S. pension plans during the second quarter of fiscal year 2014 to reflect the effect of plan amendments adopted during the period. These items arose from the plan remeasurement. See Note 9 for additional information. (4) This accumulated other comprehensive income (loss) component is included in the computation of net periodic benefit cost. See Note 9 for additional information.

X
- Details
Name: | us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=28358780&loc=SL7669686-108580 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration