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Consolidated Statements Of Income And Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Sales and other operating revenues $ 539,604 $ 488,248 $ 919,323 $ 772,870
Costs and expenses        
Cost of goods sold 440,144 395,172 747,642 625,937
Selling, general and administrative expenses 45,090 48,271 108,942 95,751
Operating income 54,370 44,805 62,739 51,182
Equity in pretax earnings (loss) of unconsolidated affiliates [1] (614) 667 (75) 232
Other non-operating income (expense) 196 170 386 348
Interest income 299 526 811 1,196
Interest expense 4,593 3,964 8,542 7,896
Income before income taxes and other items 49,658 42,204 55,319 45,062
Income taxes 15,365 13,898 9,966 13,435
Net income 34,293 28,306 45,353 31,627
Less: net loss attributable to noncontrolling interests in subsidiaries (2,847) (2,139) (728) (1,883)
Net income attributable to Universal Corporation $ 31,446 $ 26,167 $ 44,625 $ 29,744
Earnings per share:        
Basic $ 1.25 $ 1.03 $ 1.78 $ 1.17
Diluted $ 1.24 $ 1.02 $ 1.76 $ 1.16
Weighted average common shares outstanding:        
Basic 25,152,864 25,334,661 25,108,724 25,370,783
Diluted 25,337,720 25,546,546 25,311,292 25,589,158
Total comprehensive income (loss)        
Total comprehensive income, net of income taxes $ 34,582 $ 33,079 $ 32,105 $ 42,188
Less: comprehensive income attributable to noncontrolling interests, net of income taxes (2,742) (2,076) (464) (1,772)
Comprehensive income attributable to Universal Corporation, net of income taxes $ 31,840 $ 31,003 $ 31,641 $ 40,416
Dividends declared per common share $ 0.75 $ 0.54 $ 1.50 $ 1.08
[1] Equity in pretax earnings (loss) of unconsolidated affiliates is included in segment operating income (Other Tobacco Operations segment), but is reported below consolidated operating income and excluded from that total in the consolidated statements of income and comprehensive income