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Changes In Shareholders' Equity And Noncontrolling Interests In Subsidiaries | 6 Months Ended
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Sep. 30, 2021
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 six months ended September 30, 2021 and 2020 is as follows:
|  | Three Months Ended September 30, 2021 |  | Three Months Ended September 30, 2020
(in thousands of dollars) |  | Universal Corporation |  | Non-controlling Interests |  | Total |  | Universal Corporation |  | Non-controlling Interests |  | Total
Balance at beginning of three-month period |  | $ | 1,303,825 |  |  | $ | 37,730 |  |  | $ | 1,341,555 |  |  | $ | 1,236,244 |  |  | $ | 42,089 |  |  | $ | 1,278,333 |
Changes in common stock |  |  |  |  |  |  |  |  |  |  |  |
Accrual of stock-based compensation |  | 1,119 |  |  | — |  |  | 1,119 |  |  | 1,075 |  |  | — |  |  | 1,075 |
Withholding of shares from stock-based compensation for grantee income taxes |  | (26) |  |  | — |  |  | (26) |  |  | (19) |  |  | — |  |  | (19) |
Dividend equivalents on RSUs |  | 272 |  |  | — |  |  | 272 |  |  | 256 |  |  | — |  |  | 256 |
Changes in retained earnings |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | 19,510 |  |  | 2,245 |  |  | 21,755 |  |  | 7,502 |  |  | 747 |  |  | 8,249 |
Cash dividends declared |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  | (19,195) |  |  | — |  |  | (19,195) |  |  | (18,877) |  |  | — |  |  | (18,877) |
Dividend equivalents on RSUs |  | (272) |  |  | — |  |  | (272) |  |  | (257) |  |  | — |  |  | (257) |
Other comprehensive income (loss) |  | (7,901) |  |  | (185) |  |  | (8,086) |  |  | 13,576 |  |  | 235 |  |  | 13,811 |
Other changes in noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |
Dividends paid to noncontrolling shareholders |  | — |  |  | (3,696) |  |  | (3,696) |  |  | — |  |  | (3,695) |  |  | (3,695) |
Balance at end of period |  | $ | 1,297,332 |  |  | $ | 36,094 |  |  | $ | 1,333,426 |  |  | $ | 1,239,500 |  |  | $ | 39,376 |  |  | $ | 1,278,876 |
|  | Six Months Ended September 30, 2021 |  | Six Months Ended September 30, 2020
(in thousands of dollars) |  | Universal Corporation |  | Non-controlling Interests |  | Total |  | Universal Corporation |  | Non-controlling Interests |  | Total
Balance at beginning of year |  | $ | 1,307,299 |  |  | $ | 41,126 |  |  | $ | 1,348,425 |  |  | $ | 1,246,665 |  |  | $ | 42,619 |  |  | $ | 1,289,284 |
Changes in common stock |  |  |  |  |  |  |  |  |  |  |  |
Accrual of stock-based compensation |  | 4,085 |  |  | — |  |  | 4,085 |  |  | 3,708 |  |  | — |  |  | 3,708 |
Withholding of shares from stock-based compensation for grantee income taxes |  | (2,458) |  |  | — |  |  | (2,458) |  |  | (1,949) |  |  | — |  |  | (1,949) |
Dividend equivalents on RSUs |  | 536 |  |  | — |  |  | 536 |  |  | 500 |  |  | — |  |  | 500 |
Changes in retained earnings |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | 25,867 |  |  | (200) |  |  | 25,667 |  |  | 14,776 |  |  | 373 |  |  | 15,149 |
Cash dividends declared |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  | (38,365) |  |  | — |  |  | (38,365) |  |  | (37,740) |  |  | — |  |  | (37,740) |
Dividend equivalents on RSUs |  | (536) |  |  | — |  |  | (536) |  |  | (501) |  |  | — |  |  | (501) |
Other comprehensive income (loss) |  | 904 |  |  | (156) |  |  | 748 |  |  | 14,041 |  |  | 79 |  |  | 14,120 |
Other changes in noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |
Dividends paid to noncontrolling shareholders |  | — |  |  | (4,676) |  |  | (4,676) |  |  | — |  |  | (3,695) |  |  | (3,695) |
Balance at end of period |  | $ | 1,297,332 |  |  | $ | 36,094 |  |  | $ | 1,333,426 |  |  | $ | 1,239,500 |  |  | $ | 39,376 |  |  | $ | 1,278,876 |

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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 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644 Reference 5: 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 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 16 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496180-112644 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (i) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 15: 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 + Details
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