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Changes In Shareholders' Equity And Noncontrolling Interests In Subsidiaries | 9 Months Ended
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Dec. 31, 2020
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract] |
Changes In Shareholders' Equity And Noncontrolling Interests In Subsidiaries | 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, 2020 and 2019 is as follows:
|  | Three Months Ended December 31, 2020 |  | Three Months Ended December 31, 2019
(in thousands of dollars) |  | Universal Corporation |  | Non-controlling Interests |  | Total |  | Universal Corporation |  | Non-controlling Interests |  | Total
Balance at beginning of three-month period |  | $ | 1,239,500 |  |  | $ | 39,376 |  |  | $ | 1,278,876 |  |  | $ | 1,298,659 |  |  | $ | 39,924 |  |  | $ | 1,338,583 |
Changes in common stock |  |  |  |  |  |  |  |  |  |  |  |
Repurchase of common stock |  | — |  |  | — |  |  | — |  |  | (1,956) |  |  | — |  |  | (1,956) |
Accrual of stock-based compensation |  | 1,334 |  |  | — |  |  | 1,334 |  |  | 1,159 |  |  | — |  |  | 1,159 |
Dividend equivalents on RSUs |  | 255 |  |  | — |  |  | 255 |  |  | 258 |  |  | — |  |  | 258 |
Changes in retained earnings |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | 33,273 |  |  | 7,168 |  |  | 40,441 |  |  | 25,966 |  |  | 3,352 |  |  | 29,318 |
Cash dividends declared |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  | (18,877) |  |  | — |  |  | (18,877) |  |  | (18,768) |  |  | — |  |  | (18,768) |
Repurchase of common stock |  | — |  |  | — |  |  | — |  |  | (5,830) |  |  | — |  |  | (5,830) |
Dividend equivalents on RSUs |  | (254) |  |  | — |  |  | (254) |  |  | (258) |  |  | — |  |  | (258) |
Other comprehensive income (loss) |  | 15,294 |  |  | (54) |  |  | 15,240 |  |  | 10,566 |  |  | 139 |  |  | 10,705 |
Balance at end of period |  | $ | 1,270,525 |  |  | $ | 46,490 |  |  | $ | 1,317,015 |  |  | $ | 1,309,796 |  |  | $ | 43,415 |  |  | $ | 1,353,211 |
|  | Nine Months Ended December 31, 2020 |  | Nine Months Ended December 31, 2019
(in thousands of dollars) |  | Universal Corporation |  | Non-controlling Interests |  | Total |  | Universal Corporation |  | Non-controlling Interests |  | Total
Balance at beginning of year |  | $ | 1,246,665 |  |  | $ | 42,619 |  |  | $ | 1,289,284 |  |  | $ | 1,337,087 |  |  | $ | 42,791 |  |  | $ | 1,379,878 |
Changes in common stock |  |  |  |  |  |  |  |  |  |  |  |
Repurchase of common stock |  | — |  |  | — |  |  | — |  |  | (4,930) |  |  | — |  |  | (4,930) |
Accrual of stock-based compensation |  | 5,042 |  |  | — |  |  | 5,042 |  |  | 4,846 |  |  | — |  |  | 4,846 |
Withholding of shares from stock-based compensation for grantee income taxes |  | (1,949) |  |  | — |  |  | (1,949) |  |  | (2,883) |  |  | — |  |  | (2,883) |
Dividend equivalents on RSUs |  | 755 |  |  | — |  |  | 755 |  |  | 755 |  |  | — |  |  | 755 |
Changes in retained earnings |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | 48,049 |  |  | 7,541 |  |  | 55,590 |  |  | 56,115 |  |  | 3,845 |  |  | 59,960 |
Cash dividends declared |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  | (56,617) |  |  | — |  |  | (56,617) |  |  | (56,626) |  |  | — |  |  | (56,626) |
Repurchase of common stock |  | — |  |  | — |  |  | — |  |  | (15,194) |  |  | — |  |  | (15,194) |
Dividend equivalents on RSUs |  | (755) |  |  | — |  |  | (755) |  |  | (755) |  |  | — |  |  | (755) |
Other comprehensive income (loss) |  | 29,335 |  |  | 25 |  |  | 29,360 |  |  | (8,619) |  |  | 138 |  |  | (8,481) |
Other changes in noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |
Dividends paid to noncontrolling shareholders |  | — |  |  | (3,695) |  |  | (3,695) |  |  | — |  |  | (3,359) |  |  | (3,359) |
Balance at end of period |  | $ | 1,270,525 |  |  | $ | 46,490 |  |  | $ | 1,317,015 |  |  | $ | 1,309,796 |  |  | $ | 43,415 |  |  | $ | 1,353,211 |

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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