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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Mar. 31, 2018
Dec. 31, 2017
ASSETS      
Cash and cash equivalents $ 138,358 $ 234,128 $ 146,578
Accounts receivable, net 336,564 377,119 347,175
Advances to suppliers, net 98,942 122,786 108,952
Accounts receivable—unconsolidated affiliates 77,543 2,040 1,799
Inventories—at lower of cost or net realizable value:      
Tobacco 867,181 679,428 796,165
Other 74,360 69,301 69,687
Prepaid income taxes 21,170 16,032 14,459
Other current assets 70,309 88,209 92,959
Total current assets 1,684,427 1,589,043 1,577,774
Property, plant and equipment      
Land 23,018 23,180 22,885
Buildings 253,150 271,757 269,670
Machinery and equipment 603,752 634,660 621,051
Total property, plant and equipment 879,920 929,597 913,606
Less accumulated depreciation (572,634) (605,803) (596,722)
Property, plant and equipment, net 307,286 323,794 316,884
Other assets      
Goodwill and other intangibles 98,008 98,927 98,981
Investments in unconsolidated affiliates 80,558 89,302 86,246
Deferred income taxes 13,959 17,118 21,049
Other noncurrent assets 44,378 50,448 49,033
Other noncurrent assets 236,903 255,795 255,309
Total assets 2,228,616 2,168,632 2,149,967
LIABILITIES AND SHAREHOLDERS' EQUITY      
Notes payable and overdrafts 129,316 45,421 50,804
Accounts payable and accrued expenses 144,107 163,763 138,161
Accounts payable—unconsolidated affiliates 1,470 16,072 16,184
Customer advances and deposits 56,355 7,021 23,939
Accrued compensation 23,989 27,886 19,387
Income taxes payable 3,090 7,557 8,052
Current portion of long-term debt 0 0 0
Total current liabilities 358,327 267,720 256,527
Long-term debt 368,438 369,086 368,998
Pensions and other postretirement benefits 41,601 64,843 74,577
Other long-term liabilities 38,467 45,955 47,289
Deferred income taxes 32,000 35,726 31,903
Total liabilities 838,833 783,330 779,294
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 24,968,799 shares issued and outstanding (25,114,349 at December 31, 2017, and 24,930,725 at March 31, 2018) 326,323 321,559 321,832
Retained earnings 1,093,829 1,080,934 1,058,556
Accumulated other comprehensive loss (75,667) (60,064) (55,444)
Total Universal Corporation shareholders' equity 1,344,485 1,342,429 1,324,944
Noncontrolling interests in subsidiaries 45,298 42,873 45,729
Total shareholders' equity 1,389,783 1,385,302 1,370,673
Total liabilities and shareholders' equity $ 2,228,616 $ 2,168,632 $ 2,149,967