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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Mar. 31, 2018
Jun. 30, 2017
ASSETS      
Cash and cash equivalents $ 66,008 $ 234,128 $ 128,605
Accounts receivable, net 247,812 377,119 209,321
Advances to suppliers, net 70,731 122,786 58,218
Accounts receivable—unconsolidated affiliates 101,483 2,040 62,239
Inventories—at lower of cost or net realizable value:      
Tobacco 947,520 679,428 917,945
Other 73,358 69,301 74,628
Prepaid income taxes 20,242 16,032 16,523
Other current assets 71,511 88,209 71,823
Total current assets 1,598,665 1,589,043 1,539,302
Property, plant and equipment      
Land 23,041 23,180 22,787
Buildings 268,789 271,757 267,740
Machinery and equipment 636,425 634,660 606,473
Total property, plant and equipment 928,255 929,597 897,000
Less accumulated depreciation (604,765) (605,803) (580,927)
Property, plant and equipment, net 323,490 323,794 316,073
Other assets      
Goodwill and other intangibles 98,892 98,927 99,023
Investments in unconsolidated affiliates 83,327 89,302 82,645
Deferred income taxes 19,162 17,118 25,451
Other noncurrent assets 45,632 50,448 42,494
Total other assets 247,013 255,795 249,613
Total assets 2,169,168 2,168,632 2,104,988
LIABILITIES AND SHAREHOLDERS' EQUITY      
Notes payable and overdrafts 73,291 45,421 45,064
Accounts payable and accrued expenses 199,214 163,763 189,676
Accounts payable—unconsolidated affiliates 0 16,072 869
Customer advances and deposits 3,414 7,021 1,841
Accrued compensation 20,969 27,886 19,404
Income taxes payable 6,813 7,557 2,132
Current portion of long-term debt 0 0 0
Total current liabilities 303,701 267,720 258,986
Long-term debt 369,174 369,086 368,821
Pensions and other postretirement benefits 60,360 64,843 77,312
Other long-term liabilities 45,628 45,955 31,189
Deferred income taxes 28,033 35,726 46,836
Total liabilities 806,896 783,330 783,144
Shareholders' equity      
Series A Junior Participating Preferred Stock, no par value, 500,000 shares authorized, none issued or outstanding 0 0 0
Common stock, no par value, 100,000,000 shares authorized 24,957,418 shares issued and outstanding (25,325,595 at June 30, 2017, and 24,930,725 at March 31, 2018) 322,889 321,559 321,215
Retained earnings 1,072,230 1,080,934 1,024,567
Accumulated other comprehensive loss (73,442) (60,064) (63,723)
Total Universal Corporation shareholders' equity 1,321,677 1,342,429 1,282,059
Noncontrolling interests in subsidiaries 40,595 42,873 39,785
Total shareholders' equity 1,362,272 1,385,302 1,321,844
Total liabilities and shareholders' equity $ 2,169,168 $ 2,168,632 $ 2,104,988