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Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
 12 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2012
Income Statement [Abstract]      
Sales and other operating revenues $ 2,542,115 $ 2,461,699 $ 2,446,877
Costs and expenses      
Cost of goods sold 2,108,824 1,999,282 1,974,885
Selling, general and administrative expenses 262,013 235,295 251,639
Other income (81,619) [1] 0 [1] (20,703) [1]
Restructuring costs 6,746 4,113 11,661
Charge for European Commission fine in Italy 0 [2] 0 [2] 49,091 [2]
Operating income 246,151 223,009 180,304
Equity in pretax earnings of unconsolidated affiliates 3,897 [3] 5,635 [3] 3,195 [3]
Interest income 949 654 1,314
Interest expense 20,307 22,013 22,835
Income before income taxes 230,690 207,285 161,978
Income taxes 75,535 66,366 61,159
Net income 155,155 140,919 100,819
Less: net income attributable to noncontrolling interests in subsidiaries (6,146) (8,169) (8,762)
Net income attributable to Universal Corporation 149,009 132,750 92,057
Dividends on Universal Corporation convertible perpetual preferred stock (14,850) (14,850) (14,850)
Earnings available to Universal Corporation common shareholders $ 134,159 $ 117,900 $ 77,207
Earnings per share attributable to Universal Corporation common shareholders:      
Basic $ 5.77 $ 5.05 $ 3.32
Diluted $ 5.25 $ 4.66 $ 3.25
Weighted average common shares outstanding:      
Basic 23,239 23,355 23,228
Diluted 28,392 28,478 28,339
[1] Other income in fiscal year 2014 represents the gain on the favorable outcome of the IPI tax credit case in Brazil (See Note 14). Other income in fiscal year 2012 represents a gain on proceeds received from an insurance settlement for the replacement of factory and equipment lost in a fire at a plant in Europe, as well as a gain on the sale of land and buildings in Brazil. These gains are excluded from segment operating income, but included in consolidated operating income in the consolidated statements of income.
[2] Restructuring costs and the fiscal year 2012 charge for European Commission fines are excluded from segment operating income, but are included in consolidated operating income in the consolidated statements of income.
[3] Equity in pretax earnings of unconsolidated affiliates is included in segment operating income (Other Tobacco Operations segment), but is reported below consolidated operating income and excluded from that total in the consolidated statements of income.