Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2016	Mar. 31, 2016	Jun. 30, 2015
ASSETS
Cash and cash equivalents	$ 316,087	$ 319,447	$ 130,439
Accounts receivable, net	218,665	428,659	257,349
Advances to suppliers, net	69,044	101,890	58,041
Accounts receivable - unconsolidated affiliates	46,794	2,316	65,821
Inventories - at lower of cost or market:
Tobacco	846,356	637,132	921,920
Other	66,080	60,888	69,851
Prepaid income taxes	19,948	17,814	28,828
Other current assets	50,772	70,400	72,898
Total current assets	1,633,746	1,638,546	1,605,147
Property, plant and equipment
Land	22,927	22,987	16,853
Buildings	264,438	264,838	239,218
Machinery and equipment	593,507	591,327	590,470
Total property, plant and equipment	880,872	879,152	846,541
Less: accumulated depreciation	(557,856)	(553,265)	(534,461)
Property, plant and equipment, net	323,016	325,887	312,080
Other assets
Goodwill and other intangibles	99,059	99,071	99,120
Investments in unconsolidated affiliates	79,510	82,441	78,450
Deferred income taxes	20,860	23,853	33,725
Other noncurrent assets	57,693	61,379	72,336
Total other assets	257,122	266,744	283,631
Total assets	2,213,884	2,231,177	2,200,858
LIABILITIES AND SHAREHOLDERS' EQUITY
Notes payable and overdrafts	70,753	66,179	86,553
Accounts payable and accrued expenses	165,651	120,527	171,963
Accounts payable - unconsolidated affiliates	2,730	8,343	4,650
Customer advances and deposits	8,406	16,438	4,328
Accrued compensation	22,863	27,593	24,597
Income taxes payable	4,057	7,190	4,033
Current portion of long-term debt	0	0	0
Total current liabilities	274,460	246,270	296,124
Long-term debt	368,468	368,380	368,115
Pensions and other postretirement benefits	88,782	92,177	95,985
Other long-term liabilities	45,480	41,794	34,091
Deferred income taxes	11,778	29,494	22,701
Total liabilities	788,968	778,115	817,016
Shareholders' equity
Common stock, no par value, 100,000,000 shares authorized, 22,766,040 shares issued and outstanding (22,668,025 at June 30, 2015, and 22,717,735 at March 31, 2016)	209,044	208,946	206,018
Retained earnings	1,044,674	1,066,064	998,560
Accumulated other comprehensive loss	(76,959)	(72,350)	(66,403)
Total Universal Corporation shareholders' equity	1,388,321	1,414,222	1,349,737
Noncontrolling interests in subsidiaries	36,595	38,840	34,105
Total shareholders' equity	1,424,916	1,453,062	1,383,842
Total liabilities and shareholders' equity	2,213,884	2,231,177	2,200,858
Series A Junior Participating Preferred Stock [Member]
Shareholders' equity
Preferred Stock	0	0	0
Series B 6.75% Convertible Perpetual Preferred Stock [Member]
Shareholders' equity
Preferred Stock	$ 211,562	$ 211,562	$ 211,562

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

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- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.