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Consolidated Statements Of Income And Comprehensive Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Income Statement [Abstract]        
Sales and other operating revenues $ 758,054us-gaap_SalesRevenueNet $ 767,802us-gaap_SalesRevenueNet $ 1,493,642us-gaap_SalesRevenueNet $ 1,852,199us-gaap_SalesRevenueNet
Costs and Expenses        
Cost of goods sold 610,482us-gaap_CostOfGoodsAndServicesSold 628,495us-gaap_CostOfGoodsAndServicesSold 1,205,459us-gaap_CostOfGoodsAndServicesSold 1,522,112us-gaap_CostOfGoodsAndServicesSold
Selling, general and administrative expenses 53,539us-gaap_SellingGeneralAndAdministrativeExpense 66,468us-gaap_SellingGeneralAndAdministrativeExpense 177,125us-gaap_SellingGeneralAndAdministrativeExpense 201,542us-gaap_SellingGeneralAndAdministrativeExpense
Other income 0us-gaap_OtherOperatingIncome [1] 0us-gaap_OtherOperatingIncome [1] 0us-gaap_OtherOperatingIncome [1] (81,619)us-gaap_OtherOperatingIncome [1]
Restructuring costs 1,143us-gaap_RestructuringCharges [2] 3,400us-gaap_RestructuringCharges [2] 4,493us-gaap_RestructuringCharges [2] 4,708us-gaap_RestructuringCharges [2]
Operating income 92,890us-gaap_OperatingIncomeLoss 69,439us-gaap_OperatingIncomeLoss 106,565us-gaap_OperatingIncomeLoss 205,456us-gaap_OperatingIncomeLoss
Equity in pretax earnings (loss) of unconsolidated affiliates (527)uvv_EquityInPretaxEarningsOfUnconsolidatedAffiliates [3] 1,789uvv_EquityInPretaxEarningsOfUnconsolidatedAffiliates [3] 3,391uvv_EquityInPretaxEarningsOfUnconsolidatedAffiliates [3] 1,755uvv_EquityInPretaxEarningsOfUnconsolidatedAffiliates [3]
Interest income 148us-gaap_InvestmentIncomeInterest 344us-gaap_InvestmentIncomeInterest 358us-gaap_InvestmentIncomeInterest 748us-gaap_InvestmentIncomeInterest
Interest expense 4,637us-gaap_InterestExpense 5,157us-gaap_InterestExpense 13,509us-gaap_InterestExpense 16,623us-gaap_InterestExpense
Income before income taxes 87,874uvv_IncomeBeforeIncomeTaxesAndOtherItems 66,415uvv_IncomeBeforeIncomeTaxesAndOtherItems 96,805uvv_IncomeBeforeIncomeTaxesAndOtherItems 191,336uvv_IncomeBeforeIncomeTaxesAndOtherItems
Income tax expense 29,797us-gaap_IncomeTaxExpenseBenefit 22,212us-gaap_IncomeTaxExpenseBenefit 22,719us-gaap_IncomeTaxExpenseBenefit 63,390us-gaap_IncomeTaxExpenseBenefit
Net income 58,077us-gaap_ProfitLoss 44,203us-gaap_ProfitLoss 74,086us-gaap_ProfitLoss 127,946us-gaap_ProfitLoss
Less: net (income) loss attributable to noncontrolling interests in subsidiaries (5,038)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (5,618)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (5,305)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (5,608)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income attributable to Universal Corporation 53,039us-gaap_NetIncomeLoss 38,585us-gaap_NetIncomeLoss 68,781us-gaap_NetIncomeLoss 122,338us-gaap_NetIncomeLoss
Dividends on Universal Corporation convertible perpetual preferred stock (3,712)us-gaap_PreferredStockDividendsIncomeStatementImpact (3,712)us-gaap_PreferredStockDividendsIncomeStatementImpact (11,137)us-gaap_PreferredStockDividendsIncomeStatementImpact (11,137)us-gaap_PreferredStockDividendsIncomeStatementImpact
Cost in excess of carrying value on repurchase of convertible perpetual stock (18)us-gaap_PreferredStockRedemptionPremium 0us-gaap_PreferredStockRedemptionPremium (18)us-gaap_PreferredStockRedemptionPremium 0us-gaap_PreferredStockRedemptionPremium
Earnings available to Universal Corporation common shareholders 49,309us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 34,873us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 57,626us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 111,201us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share attributable to Universal Corporation common shareholders:        
Basic $ 2.13us-gaap_EarningsPerShareBasic $ 1.50us-gaap_EarningsPerShareBasic $ 2.49us-gaap_EarningsPerShareBasic $ 4.78us-gaap_EarningsPerShareBasic
Diluted $ 1.87us-gaap_EarningsPerShareDiluted $ 1.36us-gaap_EarningsPerShareDiluted $ 2.43us-gaap_EarningsPerShareDiluted $ 4.31us-gaap_EarningsPerShareDiluted
Weighted average common shares outstanding:        
Basic 23,095,861us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 23,216,145us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 23,165,553us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 23,246,396us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted 28,291,017us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 28,364,412us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 28,339,431us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 28,388,537us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Total comprehensive income:        
Total comprehensive income, net of income taxes 54,965us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest 46,387us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest 61,268us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest 162,828us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
Less: comprehensive (income) loss attributable to noncontrolling interests, net of income taxes (5,093)us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest (5,432)us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest (5,323)us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest (5,085)us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
Comprehensive income attributable to Universal Corporation, net of income taxes $ 49,872us-gaap_ComprehensiveIncomeNetOfTax $ 40,955us-gaap_ComprehensiveIncomeNetOfTax $ 55,945us-gaap_ComprehensiveIncomeNetOfTax $ 157,743us-gaap_ComprehensiveIncomeNetOfTax
Dividends declared per common share $ 0.52us-gaap_CommonStockDividendsPerShareDeclared $ 0.51us-gaap_CommonStockDividendsPerShareDeclared $ 1.54us-gaap_CommonStockDividendsPerShareDeclared $ 1.51us-gaap_CommonStockDividendsPerShareDeclared
[1] Other income represents the gain on the favorable outcome of the IPI tax credit case in Brazil. This item is excluded from segment operating income, but is included in consolidated operating income in the consolidated statements of income and comprehensive income.
[2] Restructuring costs are excluded from segment operating income, but are included in consolidated operating income in the consolidated statements of income and comprehensive income.
[3] 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.