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Changes In Shareholders' Equity And Noncontrolling Interests In Subsidiaries
 9 Months Ended
Dec. 31, 2015
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]  
Changes In Shareholders' Equity And Noncontrolling Interests In Subsidiaries
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, 2015 and 2014 is as follows:

 
 
Nine Months Ended December 31, 2015
 
Nine Months Ended December 31, 2014
(in thousands of dollars)
 
Universal Corporation
 
Non-controlling Interests
 
Total
 
Universal Corporation
 
Non-controlling Interests
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at beginning of year
 
$
1,362,725

 
$
34,369

 
$
1,397,094

 
$
1,378,230

 
$
32,662

 
$
1,410,892

Changes in preferred stock
 
 
 
 
 
 
 
 
 
 
 
 
Repurchase of Series B 6.75% convertible perpetual preferred stock
 
—

 
—

 
—

 
(390
)
 
—

 
(390
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Changes in common stock
 
 

 
 

 
 
 
 

 
 

 
 
Issuance of common stock
 
—

 
—

 
—

 
187

 
—

 
187

Repurchase of common stock
 
—

 
—

 
—

 
(4,218
)
 
—

 
(4,218
)
Accrual of stock-based compensation
 
4,157

 
—

 
4,157

 
4,810

 
—

 
4,810

Withholding of shares from stock-based compensation for grantee income taxes
 
(3,737
)
 
—

 
(3,737
)
 
(2,009
)
 
—

 
(2,009
)
Dividend equivalents on RSUs
 
519

 
—

 
519

 
483

 
—

 
483

 
 
 
 
 
 
 
 
 
 
 
 
 
Changes in retained earnings
 
 

 
 

 
 
 
 

 
 

 
 
Net income
 
61,052

 
4,502

 
65,554

 
68,781

 
5,305

 
74,086

Cash dividends declared
 
 
 
 
 
 
 
 

 
 

 
 
Series B 6.75% convertible perpetual preferred stock
 
(11,061
)
 
—

 
(11,061
)
 
(11,137
)
 
—

 
(11,137
)
Common stock
 
(35,641
)
 
—

 
(35,641
)
 
(35,522
)
 
—

 
(35,522
)
Repurchase of Series B 6.75% convertible perpetual preferred stock
 
—

 
—

 
—

 
(18
)
 
—

 
(18
)
Repurchase of common stock
 
—

 
—

 
—

 
(17,334
)
 
—

 
(17,334
)
Dividend equivalents on RSUs
 
(519
)
 
—

 
(519
)
 
(483
)
 
—

 
(483
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Other comprehensive income (loss)
 
4,555

 
(465
)
 
4,090

 
(12,836
)
 
18

 
(12,818
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Other changes in noncontrolling interests
 
 
 
 
 
 
 
 
 
 
 
 
Dividends paid to noncontrolling shareholders
 
—

 
(1,260
)
 
(1,260
)
 
—

 
(1,977
)
 
(1,977
)
Balance at end of period
 
$
1,382,050

 
$
37,146

 
$
1,419,196

 
$
1,368,544

 
$
36,008

 
$
1,404,552