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Accumulated Other Comprehensive Income Accumulated Other Comprehensive Income (Loss) (Tables) | 12 Months Ended
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Mar. 31, 2015
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Schedule of Accumulated Other Comprehensive Income (Loss) | The following table summarizes the changes in the balances for each component of accumulated other comprehensive income (loss) attributable to the Company for the fiscal years ended March 31, 2015, 2014, and 2013:
|  | Fiscal Year Ended March 31,
(in thousands of dollars) |  | 2015 |  | 2014 |  | 2013
Foreign currency translation: |  |  |  |  |  |
Balance at beginning of year |  | $ | (8,476 | ) |  | $ | (15,555 | ) |  | $ | (11,850 | )
Other comprehensive income (loss) attributable to Universal Corporation: |  |  |  |  |  |
Net gain (loss) on foreign currency translation (net of tax (expense) benefit of $12,181, $(3,489), and $1,815) |  | (22,625 | ) |  | 6,480 |  |  | (3,370 | )
Less: Net loss (gain) on foreign currency translation attributable to noncontrolling interests |  | (37 | ) |  | 599 |  |  | (335 | )
Other comprehensive income (loss) attributable to Universal Corporation, net of income taxes |  | (22,662 | ) |  | 7,079 |  |  | (3,705 | )
Balance at end of year |  | $ | (31,138 | ) |  | $ | (8,476 | ) |  | $ | (15,555 | )
Foreign currency hedge: |  |  |  |  |  |
Balance at beginning of year |  | $ | 769 |  |  | $ | (855 | ) |  | $ | (942 | )
Other comprehensive income (loss) attributable to Universal Corporation: |  |  |  |  |  |
Net gain (loss) on derivative instruments (net of tax (expense) benefit of $2,304, $(312), and $3,234) |  | (4,280 | ) |  | 580 |  |  | (6,006 | )
Reclassification of net loss to earnings (net of tax benefit of $(903), $(563), and $(3,281)) (1) |  | 1,677 |  |  | 1,044 |  |  | 6,093 |
Other comprehensive income (loss) attributable to Universal Corporation, net of income taxes |  | (2,603 | ) |  | 1,624 |  |  | 87 |
Balance at end of year |  | $ | (1,834 | ) |  | $ | 769 |  |  | $ | (855 | )
Interest rate hedge: |  |  |  |  |  |
Balance at beginning of year |  | $ | (608 | ) |  | $ | (1,091 | ) |  | $ | (727 | )
Other comprehensive income (loss) attributable to Universal Corporation: |  |  |  |  |  |
Net gain (loss) on derivative instruments (net of tax benefit of $1,416, $49, and $515) |  | (2,628 | ) |  | (93 | ) |  | (955 | )
Reclassification of net loss to earnings (net of tax benefit of $(675), $(310), and $(319)) (2) |  | 1,254 |  |  | 576 |  |  | 591 |
Other comprehensive income (loss) attributable to Universal Corporation, net of income taxes |  | (1,374 | ) |  | 483 |  |  | (364 | )
Balance at end of year |  | $ | (1,982 | ) |  | $ | (608 | ) |  | $ | (1,091 | )
Pension and other postretirement benefit plans: |  |  |  |  |  |
Balance at beginning of year |  | $ | (26,017 | ) |  | $ | (58,039 | ) |  | $ | (66,842 | )
Other comprehensive income (loss) attributable to Universal Corporation: |  |  |  |  |  |
Gains (losses) arising during the year (net of tax (expense) benefit of $9,719, $(6,449), and $96)(3) |  | (18,049 | ) |  | 11,977 |  |  | (187 | )
Prior service credit arising during the year (net of tax expense of $7,751) (3) |  | — |  |  | 14,394 |  |  | — |
Amortization included in earnings (net of tax benefit of $(2,163), $(3,042), and $(4,841)) (4) |  | 4,026 |  |  | 5,651 |  |  | 8,990 |
Other comprehensive income (loss) attributable to Universal Corporation, net of income taxes |  | (14,023 | ) |  | 32,022 |  |  | 8,803 |
Balance at end of year |  | $ | (40,040 | ) |  | $ | (26,017 | ) |  | $ | (58,039 | )
Total accumulated other comprehensive income (loss) at end of year |  | $ | (74,994 | ) |  | $ | (34,332 | ) |  | $ | (75,540 | )
(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 or upon any termination of the interest rate swap agreements prior to their scheduled maturity dates. 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 11 for additional information.

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- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=36458714&loc=SL7669686-108580 + Details
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