2023 Q2 Form 10-K Financial Statement

#000010203723000025 Filed on May 25, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2023
Revenue $517.7M $694.0M $2.550B
YoY Change 20.45% 7.27% 21.21%
Cost Of Revenue $431.2M $571.2M $2.112B
YoY Change 23.17% 9.44% 24.6%
Gross Profit $86.51M $122.8M $438.3M
YoY Change 8.52% -1.81% 7.18%
Gross Profit Margin 16.71% 17.7% 17.19%
Selling, General & Admin $75.48M $70.41M $277.2M
YoY Change 13.58% 3.64% 15.18%
% of Gross Profit 87.24% 57.34% 63.25%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $14.75M $14.46M $57.30M
YoY Change 4.42% 7.79% 9.1%
% of Gross Profit 17.05% 11.77% 13.07%
Operating Expenses $75.48M $70.41M $277.2M
YoY Change 13.58% 3.64% 15.18%
Operating Profit $11.03M $52.39M $181.1M
YoY Change -16.82% -8.28% 12.95%
Interest Expense -$18.34M -$8.250M $49.30M
YoY Change -372.81% 42.49% 77.68%
% of Operating Profit -166.23% -15.75% 27.23%
Other Income/Expense, Net $725.0K $1.999M $1.791M
YoY Change -1269.35% -20.96% -33.35%
Pretax Income -$6.584M $46.14M $142.0M
YoY Change -206.81% -14.33% -0.21%
Income Tax -$1.423M -$10.53M $11.73M
% Of Pretax Income -22.81% 8.26%
Net Earnings -$2.064M $53.71M $124.1M
YoY Change -130.22% 108.41% 43.29%
Net Earnings / Revenue -0.4% 7.74% 4.87%
Basic Earnings Per Share -$0.08 $5.01
Diluted Earnings Per Share -$0.08 $2.15 $4.97
COMMON SHARES
Basic Shares Outstanding 24.56M shares 24.56M shares 24.77M shares
Diluted Shares Outstanding 24.84M shares 24.94M shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $80.52M $64.69M $64.69M
YoY Change -6.99% -20.77% -20.77%
Cash & Equivalents $80.52M $64.69M $64.69M
Short-Term Investments
Other Short-Term Assets $114.8M $99.84M $116.3M
YoY Change 27.01% -14.51% -10.43%
Inventory $1.411B $1.208B $1.208B
Prepaid Expenses
Receivables $375.6M $402.1M $402.1M
Other Receivables $73.29M $12.21M $12.21M
Total Short-Term Assets $2.055B $1.803B $1.803B
YoY Change 6.18% 3.14% 3.14%
LONG-TERM ASSETS
Property, Plant & Equipment $393.8M $351.2M $391.7M
YoY Change 14.12% 1.75% 1.64%
Goodwill $213.9M $213.9M
YoY Change 0.0% -0.04%
Intangibles $77.29M $80.10M
YoY Change -13.5% -13.47%
Long-Term Investments $73.47M $76.18M $76.18M
YoY Change -2.29% -5.95% -5.95%
Other Assets $74.38M $51.34M $74.42M
YoY Change 42.07% 24.88% 13.79%
Total Long-Term Assets $832.9M $836.3M $836.3M
YoY Change -1.35% -0.24% -0.24%
TOTAL ASSETS
Total Short-Term Assets $2.055B $1.803B $1.803B
Total Long-Term Assets $832.9M $836.3M $836.3M
Total Assets $2.888B $2.639B $2.639B
YoY Change 3.9% 2.04% 2.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $89.86M $89.04M $89.04M
YoY Change -61.86% -67.27% -67.27%
Accrued Expenses $159.1M $151.0M $151.0M
YoY Change 500.46% 301.89% 301.89%
Deferred Revenue $103.4M $3.061M
YoY Change 432.13% -77.7%
Short-Term Debt $359.8M $195.6M $195.6M
YoY Change -20.86% 7.08% 7.08%
Long-Term Debt Due $0.00 $0.00 $0.00
YoY Change
Total Short-Term Liabilities $717.9M $442.0M $442.0M
YoY Change -3.25% -14.79% -14.79%
LONG-TERM LIABILITIES
Long-Term Debt $616.9M $616.8M $616.8M
YoY Change 18.92% 18.95% 18.95%
Other Long-Term Liabilities $95.23M $32.51M $100.8M
YoY Change 217.17% -5.66% -13.81%
Total Long-Term Liabilities $712.2M $649.3M $717.6M
YoY Change 29.76% 17.42% 12.92%
TOTAL LIABILITIES
Total Short-Term Liabilities $717.9M $442.0M $442.0M
Total Long-Term Liabilities $712.2M $649.3M $717.6M
Total Liabilities $1.507B $1.202B $1.242B
YoY Change 6.17% 0.05% -0.3%
SHAREHOLDERS EQUITY
Retained Earnings $1.115B $1.137B
YoY Change 3.1% 3.9%
Common Stock $338.4M $337.2M
YoY Change 1.78% 1.99%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.381B $1.397B $1.397B
YoY Change
Total Liabilities & Shareholders Equity $2.888B $2.639B $2.639B
YoY Change 3.9% 2.04% 2.04%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2023
OPERATING ACTIVITIES
Net Income -$2.064M $53.71M $124.1M
YoY Change -130.22% 108.41% 43.29%
Depreciation, Depletion And Amortization $14.75M $14.46M $57.30M
YoY Change 4.42% 7.79% 9.1%
Cash From Operating Activities -$103.9M $173.3M -$10.56M
YoY Change -53.98% 79.66% -123.52%
INVESTING ACTIVITIES
Capital Expenditures $17.96M $15.24M $54.67M
YoY Change 19.18% -214.0% 2.76%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $326.0K -$555.0K $0.00
YoY Change -77.67% -240.51%
Cash From Investing Activities -$17.63M -$15.80M -$50.35M
YoY Change 29.57% 21.75% -64.71%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $3.448M
YoY Change 12.94%
Debt Paid & Issued, Net $23.48M
YoY Change
Cash From Financing Activities 137.3M -164.3M $38.95M
YoY Change -44.05% 62.82% -332.39%
NET CHANGE
Cash From Operating Activities -103.9M 173.3M -$10.56M
Cash From Investing Activities -17.63M -15.80M -$50.35M
Cash From Financing Activities 137.3M -164.3M $38.95M
Net Change In Cash 15.82M -6.849M -$22.96M
YoY Change 221.76% -60.76% -80.14%
FREE CASH FLOW
Cash From Operating Activities -$103.9M $173.3M -$10.56M
Capital Expenditures $17.96M $15.24M $54.67M
Free Cash Flow -$121.9M $158.0M -$65.23M
YoY Change -49.41% 43.9% 683.93%

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CY2021 us-gaap Stock Issued During Period Shares Share Based Compensation
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CY2022 us-gaap Stock Repurchased And Retired During Period Shares
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CY2022Q1 us-gaap Common Stock Shares Outstanding
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CY2023 us-gaap Equity Method Investment Dividends Or Distributions
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CY2022 us-gaap Equity Method Investment Dividends Or Distributions
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CY2022 us-gaap Foreign Currency Transaction Gain Loss Realized
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CY2023 uvv Percentage Of Revenue Earned From Processing Tobacco Owned By Customers
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Estimates and Assumptions The preparation of financial statements in conformity with generally accepted accounting principles in the United States requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.
CY2023 us-gaap Prior Period Reclassification Adjustment Description
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<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassifications</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span>Certain prior year amounts have been reclassified to conform to the current year’s presentation.
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CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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4.97
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CY2023Q1 us-gaap Deferred Tax Liabilities
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CY2022Q1 us-gaap Deferred Tax Liabilities
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CY2022Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
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CY2023Q1 us-gaap Tax Credit Carryforward Amount
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CY2022Q1 us-gaap Deferred Tax Assets Other
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CY2023Q1 us-gaap Deferred Tax Assets Gross
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CY2022Q1 us-gaap Deferred Tax Assets Gross
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CY2022Q1 us-gaap Deferred Tax Assets Valuation Allowance
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CY2023Q1 us-gaap Deferred Tax Assets Net
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CY2022Q1 us-gaap Deferred Tax Assets Net
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CY2023 uvv Schedule Of Combined Income Tax Expense Benefit Allocable To Continuing Operations Other Comprehensive Income And Adjustments To Shareholders Equity
ScheduleOfCombinedIncomeTaxExpenseBenefitAllocableToContinuingOperationsOtherComprehensiveIncomeAndAdjustmentsToShareholdersEquity
<div style="margin-bottom:6pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The combined income tax expense (benefit) allocable to continuing operations and other comprehensive income was as follows:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:61.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.537%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.518%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.825%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.518%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.828%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Fiscal Year Ended March 31,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2023</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021</span></td></tr><tr><td colspan="3" style="background-color:#cdffcc;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Continuing operations</span></td><td style="background-color:#cdffcc;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cdffcc;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,733 </span></td><td style="background-color:#cdffcc;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cdffcc;padding:0 1pt"/><td style="background-color:#cdffcc;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cdffcc;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">38,663 </span></td><td style="background-color:#cdffcc;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cdffcc;padding:0 1pt"/><td style="background-color:#cdffcc;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cdffcc;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">29,412 </span></td><td style="background-color:#cdffcc;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other comprehensive loss</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,551 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,555 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,563 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cdffcc;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total</span></div></td><td style="background-color:#cdffcc;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cdffcc;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15,284 </span></td><td style="background-color:#cdffcc;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cdffcc;padding:0 1pt"/><td style="background-color:#cdffcc;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cdffcc;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">45,218 </span></td><td style="background-color:#cdffcc;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cdffcc;padding:0 1pt"/><td style="background-color:#cdffcc;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cdffcc;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">38,975 </span></td><td style="background-color:#cdffcc;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11733000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
38663000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
29412000 usd
CY2023 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
3551000 usd
CY2022 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
6555000 usd
CY2021 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
9563000 usd
CY2023 uvv Combined Income Tax Expense Benefit
CombinedIncomeTaxExpenseBenefit
15284000 usd
CY2022 uvv Combined Income Tax Expense Benefit
CombinedIncomeTaxExpenseBenefit
45218000 usd
CY2021 uvv Combined Income Tax Expense Benefit
CombinedIncomeTaxExpenseBenefit
38975000 usd
CY2022Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2024000 usd
CY2021Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2437000 usd
CY2020Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2377000 usd
CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1198000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
48000 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
49000 usd
CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
328000 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 usd
CY2023 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
75000 usd
CY2022 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
56000 usd
CY2021 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
135000 usd
CY2023 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
1661000 usd
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
814000 usd
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 usd
CY2023 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
71000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsIncreasesResultingFromForeignCurrencyTranslation
81000 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsIncreasesResultingFromForeignCurrencyTranslation
146000 usd
CY2023Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1415000 usd
CY2022Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2024000 usd
CY2021Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2437000 usd
CY2023Q1 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
100000 usd
CY2022Q1 us-gaap Goodwill
Goodwill
213998000 usd
CY2021Q1 us-gaap Goodwill
Goodwill
173051000 usd
CY2023 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 usd
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
41061000 usd
CY2023 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-76000 usd
CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-114000 usd
CY2023Q1 us-gaap Goodwill
Goodwill
213922000 usd
CY2022Q1 us-gaap Goodwill
Goodwill
213998000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
111621000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
31520000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
80101000 usd
CY2022Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
111636000 usd
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
19065000 usd
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
92571000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12455000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
11209000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6460000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
11263000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
11829000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
8452000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
8077000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
40480000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
80101000 usd
CY2023Q1 us-gaap Line Of Credit
LineOfCredit
530000000 usd
CY2023 us-gaap Line Of Credit Facility Expiration Period
LineOfCreditFacilityExpirationPeriod
P5Y
CY2023Q1 us-gaap Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
30000000 usd
CY2023Q1 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
200000000 usd
CY2023Q1 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.062
CY2022Q1 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.027
CY2023Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
620000000 usd
CY2022Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
520000000 usd
CY2023Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 usd
CY2022Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 usd
CY2023Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
3191000 usd
CY2022Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
1453000 usd
CY2023Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
616809000 usd
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
518547000 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
40505000 usd
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
40243000 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
11404000 usd
CY2022Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
10303000 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
25540000 usd
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
29617000 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
36944000 usd
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
39920000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
21926000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
20550000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
13023000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
10061000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
6324000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4627000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2908000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
6256000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
43199000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
6255000 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
36944000 usd
CY2023 us-gaap Operating Lease Expense
OperatingLeaseExpense
0 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
13818000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
12018000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
13536000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
22506000 usd
CY2023Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y10M9D
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y6M3D
CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0593
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0543
CY2023Q1 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
5400000 usd
CY2023Q1 us-gaap Derivative Instruments In Hedges Assets At Fair Value
DerivativeInstrumentsInHedgesAssetsAtFairValue
7102000 usd
CY2022Q1 us-gaap Derivative Instruments In Hedges Assets At Fair Value
DerivativeInstrumentsInHedgesAssetsAtFairValue
10957000 usd
CY2023Q1 us-gaap Derivative Instruments In Hedges Liabilities At Fair Value
DerivativeInstrumentsInHedgesLiabilitiesAtFairValue
3967000 usd
CY2022Q1 us-gaap Derivative Instruments In Hedges Liabilities At Fair Value
DerivativeInstrumentsInHedgesLiabilitiesAtFairValue
4361000 usd
CY2023Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
1320000 usd
CY2022Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
13111000 usd
CY2023Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
435000 usd
CY2022Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
64000 usd
CY2023Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
400000 usd
CY2023Q1 uvv Advances To Suppliers Current And Noncurrent
AdvancesToSuppliersCurrentAndNoncurrent
171000000 usd
CY2023Q1 us-gaap Trading Securities
TradingSecurities
11698000 usd
CY2023Q1 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
ForeignCurrencyContractAssetFairValueDisclosure
8422000 usd
CY2023Q1 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
20520000 usd
CY2023Q1 us-gaap Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
3077000 usd
CY2023Q1 us-gaap Foreign Currency Contracts Liability Fair Value Disclosure
ForeignCurrencyContractsLiabilityFairValueDisclosure
1325000 usd
CY2023Q1 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
4402000 usd
CY2022Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
334000 usd
CY2022Q1 us-gaap Trading Securities
TradingSecurities
13655000 usd
CY2022Q1 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
ForeignCurrencyContractAssetFairValueDisclosure
24068000 usd
CY2022Q1 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
38057000 usd
CY2022Q1 us-gaap Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
1161000 usd
CY2022Q1 us-gaap Foreign Currency Contracts Liability Fair Value Disclosure
ForeignCurrencyContractsLiabilityFairValueDisclosure
3264000 usd
CY2022Q1 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
4425000 usd
CY2023Q1 us-gaap Other Commitment
OtherCommitment
117000000 usd
CY2023Q1 us-gaap Defined Benefit Plan Expected Amortization Of Gain Loss Next Fiscal Year
DefinedBenefitPlanExpectedAmortizationOfGainLossNextFiscalYear
400000 usd
CY2023Q1 us-gaap Defined Benefit Plan Expected Amortization Of Prior Service Cost Credit Next Fiscal Year
DefinedBenefitPlanExpectedAmortizationOfPriorServiceCostCreditNextFiscalYear
200000 usd
CY2023 uvv Defined Benefit Plan Percentage Of Total Plan Assets
DefinedBenefitPlanPercentageOfTotalPlanAssets
0.97
CY2023 uvv Defined Benefit Plan Percentage Of Total Projected Benefit Obligation
DefinedBenefitPlanPercentageOfTotalProjectedBenefitObligation
0.85
CY2023Q1 us-gaap Defined Benefit Plan Plan Assets Target Allocation Percentage
DefinedBenefitPlanPlanAssetsTargetAllocationPercentage
1.000
CY2023Q1 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
DefinedBenefitPlanWeightedAverageAssetAllocations
1.000
CY2022Q1 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
DefinedBenefitPlanWeightedAverageAssetAllocations
1.000
CY2023Q1 uvv Other Contingent Liabilities
OtherContingentLiabilities
1000000 usd
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Ernst & Young LLP
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CY2023 dei Auditor Name
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Ernst & Young LLP
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42
CY2023 dei Auditor Firm
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