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Earnings Per Share (Tables) | 6 Months Ended
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Sep. 30, 2012
Earnings Per Share [Abstract] |
Computation Of Basic And Diluted Earnings (Loss) Per Share | The following table sets forth the computation of basic and diluted earnings (loss) per share:
|  | Three Months Ended September 30, |  | Six Months Ended September 30,
(in thousands, except per share data) |  | 2012 |  | 2011 |  | 2012 |  | 2011
Basic Earnings (Loss) Per Share |  |  |  |  |  |  |  |
Numerator for basic earnings (loss) per share |  |  |  |  |  |  |  |
Net income (loss) attributable to Universal Corporation |  | $ | 47,981 |  |  | $ | (8,039 | ) |  | $ | 71,106 |  |  | $ | 7,849 |
Less: Dividends on convertible perpetual preferred stock |  | (3,713 | ) |  | (3,713 | ) |  | (7,425 | ) |  | (7,425 | )
Earnings (loss) available to Universal Corporation common shareholders for calculation of basic earnings (loss) per share |  | 44,268 |  |  | (11,752 | ) |  | 63,681 |  |  | 424 |
Denominator for basic earnings (loss) per share |  |  |  |  |  |  |  |
Weighted average shares outstanding |  | 23,379 |  |  | 23,229 |  |  | 23,338 |  |  | 23,211 |
Basic earnings (loss) per share |  | $ | 1.89 |  |  | $ | (0.51 | ) |  | $ | 2.73 |  |  | $ | 0.02 |
Diluted Earnings (Loss) Per Share |  |  |  |  |  |  |  |
Numerator for diluted earnings (loss) per share |  |  |  |  |  |  |  |
Earnings (loss) available to Universal Corporation common shareholders |  | $ | 44,268 |  |  | $ | (11,752 | ) |  | $ | 63,681 |  |  | $ | 424 |
Add: Dividends on convertible perpetual preferred stock (if conversion assumed) |  | 3,713 |  |  | — |  |  | 7,425 |  |  | — |
Earnings (loss) available to Universal Corporation common shareholders for calculation of diluted earnings (loss) per share |  | 47,981 |  |  | (11,752 | ) |  | 71,106 |  |  | 424 |
Denominator for diluted earnings (loss) per share |  |  |  |  |  |  |  |
Weighted average shares outstanding |  | 23,379 |  |  | 23,229 |  |  | 23,338 |  |  | 23,211 |
Effect of dilutive securities (if conversion or exercise assumed) |  |  |  |  |  |  |  |
Convertible perpetual preferred stock |  | 4,794 |  |  | — |  |  | 4,791 |  |  | — |
Employee share-based awards |  | 328 |  |  | — |  |  | 317 |  |  | 296 |
Denominator for diluted earnings (loss) per share |  | 28,501 |  |  | 23,229 |  |  | 28,446 |  |  | 23,507 |
Diluted earnings (loss) per share |  | $ | 1.68 |  |  | $ | (0.51 | ) |  | $ | 2.50 |  |  | $ | 0.02 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations. + References No definition available. + Details
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