Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2020	Mar. 31, 2020	Sep. 30, 2019
ASSETS
Cash and cash equivalents	$ 57,084	$ 107,430	$ 53,173
Accounts receivable, net	329,332	340,711	337,825
Advances to suppliers, net	65,643	133,778	75,828
Accounts receivable—unconsolidated affiliates	47,807	11,483	82,812
Inventories—at lower of cost or net realizable value:
Tobacco	888,213	707,298	918,592
Other	116,299	99,275	97,536
Prepaid income taxes	20,712	12,144	13,454
Other current assets	69,564	67,498	70,338
Total current assets	1,594,654	1,479,617	1,649,558
Property, plant and equipment
Land	21,515	21,376	22,696
Buildings	259,875	256,488	261,599
Machinery and equipment	657,435	634,395	609,320
Total property, plant and equipment	938,825	912,259	893,615
Less accumulated depreciation	(617,553)	(597,106)	(598,184)
Property, plant and equipment, net	321,272	315,153	295,431
Other assets
Operating lease right-of-use assets	35,665	39,256	34,838
Goodwill and other intangibles, net	143,219	144,687	97,998
Investments in unconsolidated affiliates	82,628	77,543	79,072
Deferred income taxes	22,615	20,954	16,250
Other noncurrent assets	42,239	43,711	45,085
Total other assets	326,366	326,151	273,243
Total assets	2,242,292	2,120,921	2,218,232
LIABILITIES AND SHAREHOLDERS' EQUITY
Notes payable and overdrafts	235,413	78,033	155,352
Accounts payable and accrued expenses	133,034	140,202	158,731
Accounts payable—unconsolidated affiliates	117	55	56
Customer advances and deposits	8,049	10,242	6,513
Accrued compensation	19,499	23,710	22,046
Income taxes payable	2,947	5,334	1,155
Current portion of operating lease liabilities	9,105	9,823	8,591
Current portion of long-term debt	0	0	0
Total current liabilities	408,164	267,399	352,444
Long-term debt	368,894	368,764	368,633
Pensions and other postretirement benefits	64,947	70,680	54,113
Long-term operating lease liabilities	22,813	25,893	23,331
Other long-term liabilities	72,657	69,427	56,146
Deferred income taxes	25,941	29,474	24,982
Total liabilities	963,416	831,637	879,649
Shareholders' equity
Series A Junior Participating Preferred Stock, no par value, 500,000 shares authorized, none issued or outstanding	0	0	0
Common stock, no par value, 100,000,000 shares authorized 24,514,867 shares issued and outstanding at September 30, 2020 (24,841,863 at September 30, 2019 and 24,421,835 at March 31, 2020)	323,761	321,502	324,927
Retained earnings	1,053,295	1,076,760	1,088,608
Accumulated other comprehensive loss	(137,556)	(151,597)	(114,876)
Total Universal Corporation shareholders' equity	1,239,500	1,246,665	1,298,659
Noncontrolling interests in subsidiaries	39,376	42,619	39,924
Total shareholders' equity	1,278,876	1,289,284	1,338,583
Total liabilities and shareholders' equity	$ 2,242,292	$ 2,120,921	$ 2,218,232