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Earnings Per Share (Computation Of Basic And Diluted Earnings (Loss) Per Share) (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Numerator for basic earnings per share        
Net income attributable to Universal Corporation $ 38,585 $ 35,542 $ 122,338 $ 106,648
Less: Dividends on convertible perpetual preferred stock (3,712) (3,712) (11,137) (11,137)
Earnings available to Universal Corporation common shareholders 34,873 31,830 111,201 95,511
Denominator for basic earnings per share        
Weighted average shares outstanding 23,216 23,406 23,246 23,361
Basic earnings per share $ 1.50 $ 1.36 $ 4.78 $ 4.09
Numerator for diluted earnings per share        
Earnings available to Universal Corporation common shareholders 34,873 31,830 111,201 95,511
Add: Dividends on convertible perpetual preferred stock (if conversion assumed) 3,712 3,712 11,137 11,137
Earnings available to Universal Corporation common shareholders for calculation of diluted earnings per share $ 38,585 $ 35,542 $ 122,338 $ 106,648
Denominator for diluted earnings per share:        
Weighted average shares outstanding 23,216 23,406 23,246 23,361
Effect of dilutive securities (if conversion or exercise assumed):        
Convertible perpetual preferred stock 4,824 4,800 4,818 4,794
Employee share-based awards 324 311 324 315
Denominator for diluted earnings per share 28,364 28,517 28,388 28,470
Diluted earnings per share $ 1.36 $ 1.25 $ 4.31 $ 3.75