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

9 Months Ended

Dec. 31, 2013

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]

Reconciliation Of Changes In Shareholders' Equity And Noncontrolling Interests In Subsidiaries

A reconciliation of the changes in Universal Corporation shareholders’ equity and noncontrolling interests in subsidiaries for the nine months ended December 31, 2013 and 2012 is as follows:



	Nine Months Ended December 31, 2013									Nine Months Ended December 31, 2012
(in thousands of dollars)	Universal Corporation			Non-controlling Interests			Total			Universal Corporation			Non-controlling Interests			Total

Balance at beginning of year	$	1,258,571		$	29,086		$	1,287,657		$	1,183,451		$	22,539		$	1,205,990
Changes in common stock
Issuance of common stock	457			—			457			493			—			493
Repurchase of common stock	(2,049		)	—			(2,049		)	(969		)	—			(969		)
Accrual of stock-based compensation	5,059			—			5,059			4,686			—			4,686
Withholding of shares from stock-based compensation for grantee income taxes (SARs, RSUs, and PSAs)	(2,381		)	—			(2,381		)	(2,970		)	—			(2,970		)
Dividend equivalents on RSUs	439			—			439			430			—			430

Changes in retained earnings
Net income	122,338			5,608			127,946			106,648			7,586			114,234
Cash dividends declared
Series B 6.75% convertible perpetual preferred stock	(11,137		)	—			(11,137		)	(11,137		)	—			(11,137		)
Common stock	(35,066		)	—			(35,066		)	(34,600		)	—			(34,600		)
Repurchase of common stock	(12,096		)	—			(12,096		)	(4,681		)	—			(4,681		)
Dividend equivalents on RSUs	(439		)	—			(439		)	(430		)	—			(430		)

Other comprehensive income (loss)	35,405			(523		)	34,882			7,056			292			7,348

Other changes in noncontrolling interests
Dividends paid to noncontrolling shareholders	—			(1,962		)	(1,962		)	—			(1,945		)	(1,945		)
Balance at end of period	$	1,359,101		$	32,209		$	1,391,310		$	1,247,977		$	28,472		$	1,276,449