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v3.7.0.1

Consolidated Statements Of Income And Comprehensive Income - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Jun. 30, 2017 | Jun. 30, 2016
Sales and other operating revenues |  | $ 284,622 | $ 295,475
Costs and expenses |  |  |
Cost of goods sold |  | 230,765 | 243,278
Selling, general and administrative expenses |  | 47,302 | 60,199
Operating income (loss) |  | 6,555 | (8,002)
Equity in pretax earnings (loss) of unconsolidated affiliates | [1] | (435) | (130)
Interest income |  | 670 | 363
Interest expense |  | 3,932 | 4,054
Income (loss) before income taxes and other items |  | 2,858 | (11,823)
Income taxes |  | (463) | (4,319)
Net income (loss) |  | 3,321 | (7,504)
Less: net (income) loss attributable to noncontrolling interests in subsidiaries |  | 256 | 2,028
Net income (loss) attributable to Universal Corporation |  | 3,577 | (5,476)
Dividends on Universal Corporation convertible perpetual preferred stock |  | 0 | (3,687)
Earnings (loss) available to Universal Corporation common shareholders |  | $ 3,577 | $ (9,163)
Earnings (loss) per share attributable to Universal Corporation common shareholders: |  |  |
Basic |  | $ 0.14 | $ (0.40)
Diluted |  | $ 0.14 | $ (0.40)
Weighted average common shares outstanding: |  |  |
Basic |  | 25,407,293 | 22,734,225
Diluted |  | 25,632,157 | 22,734,225
Total comprehensive income (loss) |  |  |
Total comprehensive income (loss), net of income taxes |  | $ 9,109 | $ (12,330)
Less: comprehensive income attributable to noncontrolling interests, net of income taxes |  | 304 | 2,245
Comprehensive income (loss) attributable to Universal Corporation, net of income taxes |  | $ 9,413 | $ (10,085)
Dividends declared per common share |  | $ 0.54 | $ 0.53
[1] | Equity in pretax earnings (loss) of unconsolidated affiliates is included in segment operating income (loss) (Other Tobacco Operations segment), but is reported below consolidated operating income (loss) and excluded from that total in the consolidated statements of income and comprehensive income

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