XML 18 R42.htm IDEA: XBRL DOCUMENT v2.4.0.8
Accumulated Other Comprehensive Income (Loss) (Narrative) (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Jun. 30, 2014
Mar. 31, 2014
Jun. 30, 2013
Jun. 30, 2014
Accumulated Translation Adjustment [Member]
Jun. 30, 2013
Accumulated Translation Adjustment [Member]
Jun. 30, 2014
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]
Forward Foreign Currency Exchange Contract [Member]
Jun. 30, 2013
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]
Forward Foreign Currency Exchange Contract [Member]
Jun. 30, 2014
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]
Interest Rate Swap [Member]
Jun. 30, 2013
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]
Interest Rate Swap [Member]
Jun. 30, 2014
Accumulated Defined Benefit Plans Adjustment [Member]
Jun. 30, 2013
Accumulated Defined Benefit Plans Adjustment [Member]
Foreign currency translation: [Abstract]                      
Balance at beginning of year       $ (8,476) $ (15,555)            
Net gain (loss) on foreign currency translation, net of income taxes       (1,132) 1,494            
Less: Net loss on foreign currency translation attributable to noncontrolling interests       245 326            
Other comprehensive income (loss) attributable to Universal Corporation, net of income taxes       (887) 1,820            
Balance at end of period       (9,363) (13,735)            
Cash flow hedges: [Abstract]                      
Balance at beginning of year           769 (855) (608) (1,091)    
Net gain (loss) on derivative instruments, net of income taxes           1,083 (1,811) (103) 201    
Reclassification of (gain) loss to earnings, net of income taxes           (183) [1] 70 [1] 135 [2] 148 [2]    
Other comprehensive income (loss) attributable to Universal Corporation, net of income taxes           900 (1,741) 32 349    
Balance at end of period           1,669 (2,596) (576) (742)    
Pension and other postretirement benefit plan: [Abstract]                      
Balance at beginning of year                   (26,017) (58,039)
Amortization included in earnings, net of income taxes                   535 [3] 1,402 [3]
Other comprehensive income (loss) attributable to Universal Corporation, net of income taxes                   535 1,402
Balance at end of period                   (25,482) (56,637)
Other Comprehensive Income (Loss), Tax [Abstract]                      
Taxes on net gain (loss) on foreign currency translation       609 (805)            
Taxes on net gain (loss) on derivative instruments           (583) 976 55 (109)    
Taxes on reclassifications to earnings           98 (38) (72) (79)    
Taxes on amortization included in earnings                   (258) (755)
Total accumulated other comprehensive income (loss) at end of period $ (33,752) $ (34,332) $ (73,710)                
[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 6 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 6 for additional information.
[3] This accumulated other comprehensive income (loss) component is included in the computation of net periodic benefit cost. See Note 8 for additional information.