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Consolidated Statements Of Income And Comprehensive Income - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Sales and other operating revenues $ 505,049 $ 636,107 $ 1,277,885 $ 1,555,430
Costs and expenses        
Cost of goods sold 412,076 520,677 1,030,233 1,268,319
Selling, general and administrative expenses 48,858 58,302 152,824 167,244
Restructuring and impairment costs [1] 0 19,447 0 19,447
Operating income 44,115 37,681 94,828 100,420
Equity in pretax earnings (loss) of unconsolidated affiliates [2] (69) 5,512 2,281 5,437
Other non-operating income 633 163 1,893 549
Interest income 164 233 1,412 1,044
Interest expense 5,197 4,732 14,361 13,274
Income before income taxes and other items 39,646 38,857 86,053 94,176
Income taxes 10,328 7,768 26,093 17,734
Net income 29,318 31,089 59,960 76,442
Less: net income attributable to noncontrolling interests in subsidiaries (3,352) (2,954) (3,845) (3,682)
Net income attributable to Universal Corporation $ 25,966 $ 28,135 $ 56,115 $ 72,760
Earnings per share:        
Basic $ 1.04 $ 1.12 $ 2.24 $ 2.90
Diluted $ 1.04 $ 1.11 $ 2.23 $ 2.87
Weighted average common shares outstanding:        
Basic 24,931,711 25,162,268 25,058,525 25,126,595
Diluted 25,055,054 25,365,766 25,178,517 25,329,473
Total comprehensive income (loss)        
Total comprehensive income, net of income taxes $ 40,023 $ 28,737 $ 51,479 $ 60,842
Less: comprehensive income attributable to noncontrolling interests (3,491) (3,221) (3,983) (3,685)
Comprehensive income (loss) attributable to Universal Corporation $ 36,532 $ 25,516 $ 47,496 $ 57,157
Dividends declared per common share $ 0.76 $ 0.75 $ 2.28 $ 2.25
[1]
(4) 
Restructuring and impairment costs are excluded from segment operating income, but are included in consolidated operating income in the consolidated statements of income and comprehensive income.
[2] 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