XML 69 R32.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Changes In Shareholders' Equity And Noncontrolling Interests In Subsidiaries (Tables) | 9 Months Ended
--- | ---
Dec. 31, 2019
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract] |
Reconciliation Of Changes In Shareholders' Equity And Noncontrolling Interests In Subsidiaries | A reconciliation of the changes in Universal Corporation shareholders’ equity and noncontrolling interests in subsidiaries for the three and nine months ended December 31, 2019 and 2018 is as follows:
|  | Three Months Ended December 31, 2019 |  | Three Months Ended December 31, 2018
(in thousands of dollars) |  | Universal Corporation |  | Non-controlling Interests |  | Total |  | Universal Corporation |  | Non-controlling Interests |  | Total
Balance at beginning of three-month period |  | $ | 1,298,659 |  |  | $ | 39,924 |  |  | $ | 1,338,583 |  |  | $ | 1,336,341 |  |  | $ | 42,077 |  |  | $ | 1,378,418 |
Changes in common stock |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Repurchase of common stock |  | (1,956 | ) |  | — |  |  | (1,956 | ) |  | — |  |  | — |  |  | — |
Accrual of stock-based compensation |  | 1,159 |  |  | — |  |  | 1,159 |  |  | 1,354 |  |  | — |  |  | 1,354 |
Dividend equivalents on RSUs |  | 258 |  |  | — |  |  | 258 |  |  | 343 |  |  | — |  |  | 343 |
Changes in retained earnings |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | 25,966 |  |  | 3,352 |  |  | 29,318 |  |  | 28,135 |  |  | 2,954 |  |  | 31,089 |
Cash dividends declared |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  | (18,768 | ) |  | — |  |  | (18,768 | ) |  | (18,726 | ) |  | — |  |  | (18,726 | )
Repurchase of common stock |  | (5,830 | ) |  | — |  |  | (5,830 | ) |  | — |  |  | — |  |  | — |
Dividend equivalents on RSUs |  | (258 | ) |  | — |  |  | (258 | ) |  | (343 | ) |  | — |  |  | (343 | )
Other comprehensive income (loss) |  | 10,566 |  |  | 139 |  |  | 10,705 |  |  | (2,619 | ) |  | 267 |  |  | (2,352 | )
Balance at end of period |  | $ | 1,309,796 |  |  | $ | 43,415 |  |  | $ | 1,353,211 |  |  | $ | 1,344,485 |  |  | $ | 45,298 |  |  | $ | 1,389,783 |
|  | Nine Months Ended December 31, 2019 |  | Nine Months Ended December 31, 2018
(in thousands of dollars) |  | Universal Corporation |  | Non-controlling Interests |  | Total |  | Universal Corporation |  | Non-controlling Interests |  | Total
Balance at beginning of year |  | $ | 1,337,087 |  |  | $ | 42,791 |  |  | $ | 1,379,878 |  |  | $ | 1,342,429 |  |  | $ | 42,873 |  |  | $ | 1,385,302 |
Changes in common stock |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Repurchase of common stock |  | (4,930 | ) |  | — |  |  | (4,930 | ) |  | (397 | ) |  | — |  |  | (397 | )
Accrual of stock-based compensation |  | 4,846 |  |  | — |  |  | 4,846 |  |  | 7,104 |  |  | — |  |  | 7,104 |
Withholding of shares from stock-based compensation for grantee income taxes |  | (2,883 | ) |  | — |  |  | (2,883 | ) |  | (2,657 | ) |  | — |  |  | (2,657 | )
Dividend equivalents on RSUs |  | 755 |  |  | — |  |  | 755 |  |  | 714 |  |  | — |  |  | 714 |
Changes in retained earnings |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | 56,115 |  |  | 3,845 |  |  | 59,960 |  |  | 72,760 |  |  | 3,682 |  |  | 76,442 |
Cash dividends declared |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  | (56,626 | ) |  | — |  |  | (56,626 | ) |  | (56,171 | ) |  | — |  |  | (56,171 | )
Repurchase of common stock |  | (15,194 | ) |  | — |  |  | (15,194 | ) |  | (1,046 | ) |  | — |  |  | (1,046 | )
Dividend equivalents on RSUs |  | (755 | ) |  | — |  |  | (755 | ) |  | (714 | ) |  | — |  |  | (714 | )
Adoption of FASB Accounting Standards Update 2016-16 eliminating deferred income taxes on unrecognized gains on intra-entity transfers of assets other than inventory |  | — |  |  | — |  |  | — |  |  | (1,934 | ) |  | — |  |  | (1,934 | )
Other comprehensive income (loss) |  | (8,619 | ) |  | 138 |  |  | (8,481 | ) |  | (15,603 | ) |  | 3 |  |  | (15,600 | )
Other changes in noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |
Dividends paid to noncontrolling shareholders |  | — |  |  | (3,359 | ) |  | (3,359 | ) |  | — |  |  | (1,260 | ) |  | (1,260 | )
Balance at end of period |  | $ | 1,309,796 |  |  | $ | 43,415 |  |  | $ | 1,353,211 |  |  | $ | 1,344,485 |  |  | $ | 45,298 |  |  | $ | 1,389,783 |

X
- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21463-112644 + Details
Name: | us-gaap_ScheduleOfStockholdersEquityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration