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Consolidated Statements Of Income And Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]        
Sales and other operating revenues $ 937,193 $ 821,507 $ 2,245,005 $ 1,977,713
Costs and expenses        
Cost of goods sold 743,605 654,556 1,812,351 1,592,533
Selling, general and administrative expenses 89,512 78,563 232,044 227,846
Restructuring and impairment costs [1] 0 924 10,573 3,523
Operating income 104,076 87,464 190,037 153,811
Equity in pretax earnings (loss) of unconsolidated affiliates [2] 2,149 1,384 1,647 (3,495)
Other non-operating income (expense) 468 726 1,393 2,179
Interest income 623 1,720 1,726 4,038
Interest expense 19,303 15,525 61,310 48,121
Income (loss) before income taxes and other items 88,013 75,769 133,493 108,412
Income taxes 20,217 14,482 34,552 21,498
Net income (loss) 67,796 61,287 98,941 86,914
Less: net loss (income) attributable to noncontrolling interests in subsidiaries (8,157) (8,071) (13,232) (7,634)
Net income (loss) attributable to Universal Corporation $ 59,639 $ 53,216 $ 85,709 $ 79,280
Earnings per share:        
Basic $ 2.39 $ 2.14 $ 3.44 $ 3.19
Diluted $ 2.37 $ 2.12 $ 3.41 $ 3.17
Weighted average common shares outstanding:        
Basic 24,980,792 24,849,498 24,934,786 24,853,774
Diluted 25,142,667 25,055,829 25,115,153 25,017,167
Total comprehensive income (loss)        
Total comprehensive income (loss), net of income taxes $ 56,974 $ 55,884 $ 82,155 $ 83,638
Less: comprehensive (income) loss attributable to noncontrolling interests (7,784) (8,255) (12,466) (7,555)
Comprehensive income (loss) attributable to Universal Corporation $ 49,190 $ 47,629 $ 69,689 $ 76,083
Dividends declared per common share $ 0.81 $ 0.80 $ 2.43 $ 2.40
[1] Restructuring and impairment costs are excluded from segment operating income, but are included in consolidated operating income in the consolidated statements of income and comprehensive income. See Note 2 for additional information.
[2] Equity in pretax earnings (loss) of unconsolidated affiliates is included in segment operating income (Tobacco Operations), but is reported below consolidated operating income and excluded from that total in the consolidated statements of income and comprehensive income.