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Changes In Shareholders' Equity And Noncontrolling Interests In Subsidiaries (Tables) | 6 Months Ended
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Sep. 30, 2024
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 six months ended September 30, 2024 and 2023 is as follows:
|  | Three Months Ended September 30, 2024 |  | Three Months Ended September 30, 2023
(in thousands of dollars) |  | Universal Corporation |  | Non-controlling Interests |  | Total |  | Universal Corporation |  | Non-controlling Interests |  | Total
Balance at beginning of three-month period |  | $ | 1,413,457 |  |  | $ | 30,042 |  |  | $ | 1,443,499 |  |  | $ | 1,380,720 |  |  | $ | 32,459 |  |  | $ | 1,413,179 |
Changes in common stock |  |  |  |  |  |  |  |  |  |  |  |
Repurchase of common stock |  | — |  |  | — |  |  | — |  |  | (1,373) |  |  | — |  |  | (1,373) |
Accrual of stock-based compensation |  | 1,942 |  |  | — |  |  | 1,942 |  |  | 1,852 |  |  | — |  |  | 1,852 |
Withholding of shares from stock-based compensation for grantee income taxes |  | (318) |  |  | — |  |  | (318) |  |  | — |  |  | — |  |  | — |
Dividend equivalents on RSUs |  | 288 |  |  | — |  |  | 288 |  |  | 317 |  |  | — |  |  | 317 |
Changes in retained earnings |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) |  | 25,940 |  |  | 8,029 |  |  | 33,969 |  |  | 28,128 |  |  | 2,660 |  |  | 30,788 |
Cash dividends declared |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  | (20,020) |  |  | — |  |  | (20,020) |  |  | (19,647) |  |  | — |  |  | (19,647) |
Repurchase of common stock |  | — |  |  | — |  |  | — |  |  | (3,371) |  |  | — |  |  | (3,371) |
Dividend equivalents on RSUs |  | (288) |  |  | — |  |  | (288) |  |  | (317) |  |  | — |  |  | (317) |
Other comprehensive income (loss) |  | (435) |  |  | (3) |  |  | (438) |  |  | (2,120) |  |  | (119) |  |  | (2,239) |
Other changes in noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |
Dividends paid to noncontrolling shareholders |  | — |  |  | (630) |  |  | (630) |  |  | — |  |  | (1,681) |  |  | (1,681) |
Balance at end of period |  | $ | 1,420,566 |  |  | $ | 37,438 |  |  | $ | 1,458,004 |  |  | $ | 1,384,189 |  |  | $ | 33,319 |  |  | $ | 1,417,508 |
|  | Six Months Ended September 30, 2024 |  | Six Months Ended September 30, 2023
(in thousands of dollars) |  | Universal Corporation |  | Non-controlling Interests |  | Total |  | Universal Corporation |  | Non-controlling Interests |  | Total
Balance at beginning of year |  | $ | 1,437,207 |  |  | $ | 41,716 |  |  | $ | 1,478,923 |  |  | $ | 1,397,088 |  |  | $ | 39,864 |  |  | $ | 1,436,952 |
Changes in common stock |  |  |  |  |  |  |  |  |  |  |  |
Repurchase of common stock |  | — |  |  | — |  |  | — |  |  | (1,373) |  |  | — |  |  | (1,373) |
Accrual of stock-based compensation |  | 6,583 |  |  | — |  |  | 6,583 |  |  | 5,711 |  |  | — |  |  | 5,711 |
Withholding of shares from stock-based compensation for grantee income taxes |  | (3,715) |  |  | — |  |  | (3,715) |  |  | (2,963) |  |  | — |  |  | (2,963) |
Dividend equivalents on RSUs |  | 600 |  |  | — |  |  | 600 |  |  | 619 |  |  | — |  |  | 619 |
Changes in retained earnings |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | 26,070 |  |  | 5,075 |  |  | 31,145 |  |  | 26,064 |  |  | (437) |  |  | 25,627 |
Cash dividends declared |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  | (40,008) |  |  | — |  |  | (40,008) |  |  | (39,357) |  |  | — |  |  | (39,357) |
Repurchase of common stock |  | — |  |  | — |  |  | — |  |  | (3,371) |  |  | — |  |  | (3,371) |
Dividend equivalents on RSUs |  | (600) |  |  | — |  |  | (600) |  |  | (619) |  |  | — |  |  | (619) |
Other comprehensive income (loss) |  | (5,571) |  |  | (393) |  |  | (5,964) |  |  | 2,390 |  |  | (263) |  |  | 2,127 |
Other changes in noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |
Dividends paid to noncontrolling shareholders |  | — |  |  | (8,960) |  |  | (8,960) |  |  | — |  |  | (5,845) |  |  | (5,845) |
Balance at end of period |  | $ | 1,420,566 |  |  | $ | 37,438 |  |  | $ | 1,458,004 |  |  | $ | 1,384,189 |  |  | $ | 33,319 |  |  | $ | 1,417,508 |

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- 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 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-2 + Details
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