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Accumulated Other Comprehensive Income Accumulated Other Comprehensive Income (Loss) | 12 Months Ended
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Mar. 31, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Accumulated Other Comprehensive Income (Loss), Net of Tax | ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following table summarizes the changes in the balances for each component of accumulated other comprehensive income attributable to the Company for the fiscal years ended March 31, 2014, 2013, and 2012 :
|  | Fiscal Year Ended March 31,
(in thousands of dollars) |  | 2014 |  | 2013 |  | 2012
Foreign currency translation: |  |  |  |  |  |
Balance at beginning of year |  | $ | (15,555 | ) |  | $ | (11,850 | ) |  | $ | (3,611 | )
Other comprehensive income (loss) attributable to Universal Corporation: |  |  |  |  |  |
Net gain (loss) on foreign currency translation (net of tax (expense) benefit of $(3,489), $1,815, and $3,230)) |  | 6,480 |  |  | (3,370 | ) |  | (8,158 | )
Less: Net loss (gain) on foreign currency translation attributable to noncontrolling interests |  | 599 |  |  | (335 | ) |  | (81 | )
Other comprehensive income (loss) attributable to Universal Corporation, net of income taxes |  | 7,079 |  |  | (3,705 | ) |  | (8,239 | )
Balance at end of year |  | $ | (8,476 | ) |  | $ | (15,555 | ) |  | $ | (11,850 | )
Foreign currency hedge: |  |  |  |  |  |
Balance at beginning of year |  | $ | (855 | ) |  | $ | (942 | ) |  | $ | 2,482 |
Other comprehensive income (loss) attributable to Universal Corporation: |  |  |  |  |  |
Net gain (loss) on derivative instruments (net of tax (expense) benefit of $(312), $3,234, and $608) |  | 580 |  |  | (6,006 | ) |  | (1,129 | )
Reclassification to earnings (net of tax (expense) benefit of $(563), $(3,281), and $1,236) (1) |  | 1,044 |  |  | 6,093 |  |  | (2,295 | )
Other comprehensive income (loss) attributable to Universal Corporation, net of income taxes |  | 1,624 |  |  | 87 |  |  | (3,424 | )
Balance at end of year |  | $ | 769 |  |  | $ | (855 | ) |  | $ | (942 | )
Interest rate hedge: |  |  |  |  |  |
Balance at beginning of year |  | $ | (1,091 | ) |  | $ | (727 | ) |  | $ | — |
Other comprehensive income (loss) attributable to Universal Corporation: |  |  |  |  |  |
Net gain (loss) on derivative instruments (net of tax benefit of $49, $515, and $302) |  | (93 | ) |  | (955 | ) |  | (727 | )
Reclassification to earnings (net of tax (expense) benefit of $(399) and $(319)) (2) |  | 576 |  |  | 591 |  |  | — |
Other comprehensive income (loss) attributable to Universal Corporation, net of income taxes |  | 483 |  |  | (364 | ) |  | (727 | )
Balance at end of year |  | $ | (608 | ) |  | $ | (1,091 | ) |  | $ | (727 | )
Pension and other postretirement benefit plans: |  |  |  |  |  |
Balance at beginning of year |  | $ | (58,039 | ) |  | $ | (66,842 | ) |  | $ | (43,647 | )
Other comprehensive income (loss) attributable to Universal Corporation: |  |  |  |  |  |
Gains (losses) arising during the year (net of tax (expense) benefit of $(6,449), $96, and $14,596))(3) |  | 11,977 |  |  | (187 | ) |  | (26,517 | )
Prior service (cost) credit arising during the year (net of tax (expense) benefit of $(7,751) and $250)) (3) |  | 14,394 |  |  | — |  |  | (500 | )
Amortization included in earnings (net of tax benefit (expense) of $(3,042), $(4,841), and $(2,059)) (4) |  | 5,651 |  |  | 8,990 |  |  | 3,822 |
Other comprehensive income (loss) attributable to Universal Corporation, net of income taxes |  | 32,022 |  |  | 8,803 |  |  | (23,195 | )
Balance at end of year |  | $ | (26,017 | ) |  | $ | (58,039 | ) |  | $ | (66,842 | )
Total accumulated other comprehensive income (loss) at end of year |  | $ | (34,332 | ) |  | $ | (75,540 | ) |  | $ | (80,361 | )
(1) Gain (loss) on foreign currency cash flow hedges is reclassified from accumulated other comprehensive income (loss) to cost of goods sold when the related tobacco is sold to customers. See Note 9 for additional information. (2) Gain (loss) on interest rate cash flow hedges is reclassified from accumulated other comprehensive income (loss) to interest expense when the related interest payments are made on the debt. See Note 9 for additional information. (3) These items arise from the remeasurement of the assets and liabilities of the Company's defined benefit pension plans. Those remeasurements are made on an annual basis at the end of the fiscal year. In addition, the assets and liabilities of the Company's U.S.-based pension plans were also remeasured on an interim basis during the second quarter of fiscal year 2014 to reflect the effect of plan amendments adopted during the period. See Note 11 for additional information. (4) This accumulated other comprehensive income (loss) component is included in the computation of net periodic benefit cost. See Note 9 for additional information.

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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e637-108580 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e681-108580 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e689-108580 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=28358780&loc=SL7669619-108580 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e640-108580 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e716-108580 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e709-108580 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Reclassification Adjustments -URI http://asc.fasb.org/extlink&oid=6522872 + Details
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