Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2024	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Cash and cash equivalents	$ 215,108	$ 55,593	$ 74,102
Accounts receivable, net	650,021	525,262	435,306
Advances to suppliers, net	156,108	139,064	159,481
Accounts receivable—unconsolidated affiliates	578	5,385	33,109
Inventories—at lower of cost or net realizable value:
Tobacco	924,684	1,070,580	1,009,030
Other	189,663	193,518	196,246
Prepaid income taxes	10,930	19,484	18,304
Other current assets	68,553	93,655	88,051
Total current assets	2,215,645	2,102,541	2,013,629
Property, plant and equipment
Land	26,081	26,244	26,516
Buildings	327,376	323,969	319,740
Machinery and equipment	709,840	693,868	720,816
Total property, plant and equipment	1,063,297	1,044,081	1,067,072
Less accumulated depreciation	(689,445)	(678,201)	(706,642)
Property, plant and equipment, net	373,852	365,880	360,430
Other assets
Operating lease right-of-use assets	33,982	32,510	34,913
Goodwill, net	213,819	213,869	213,891
Other intangibles, net	60,444	68,883	71,697
Investments in unconsolidated affiliates	70,351	76,289	75,335
Deferred income taxes	17,517	15,181	14,855
Pension asset	12,511	11,857	11,586
Other noncurrent assets	42,298	50,229	37,538
Total other assets	450,922	468,818	459,815
Total assets	3,040,419	2,937,239	2,833,874
LIABILITIES AND SHAREHOLDERS' EQUITY
Notes payable and overdrafts	538,526	417,217	365,327
Accounts payable	78,327	108,727	89,301
Accounts payable—unconsolidated affiliates	5,985	1,621	122
Customer advances and deposits	3,362	17,179	19,620
Accrued compensation	32,232	39,766	27,967
Income taxes payable	15,341	7,477	5,499
Current portion of operating lease liabilities	9,835	10,356	10,403
Accrued expenses and other current liabilities	135,707	109,015	106,635
Current portion of long-term debt	0	0	0
Total current liabilities	819,315	711,358	624,874
Long-term debt	617,780	617,364	617,225
Pensions and other postretirement benefits	36,485	43,251	43,301
Long-term operating lease liabilities	20,408	19,302	22,050
Other long-term liabilities	18,688	27,902	26,609
Deferred income taxes	35,831	39,139	41,165
Total liabilities	1,548,507	1,458,316	1,375,224
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 24,715,625 shares issued and outstanding at December 31, 2024 (24,559,181 at December 31, 2023 and 24,573,408 at March 31, 2024)	350,243	345,596	344,467
Retained earnings	1,197,972	1,173,196	1,152,863
Accumulated other comprehensive loss	(97,605)	(81,585)	(80,254)
Total Universal Corporation shareholders' equity	1,450,610	1,437,207	1,417,076
Noncontrolling interests in subsidiaries	41,302	41,716	41,574
Total shareholders' equity	1,491,912	1,478,923	1,458,650
Total liabilities and shareholders' equity	$ 3,040,419	$ 2,937,239	$ 2,833,874