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Unaudited Quarterly Financial Data (Tables)
12 Months Ended
Mar. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Unaudited Quarterly Financial Data
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Fiscal Year Ended March 31, 2016
 
 
 
 
 
 
 
Operating Results:
 
 
 
 
 
 
 
Sales and other operating revenues
$
275,419

 
$
456,382

 
$
584,592

 
$
803,980

Gross profit
48,389

 
98,094

 
119,906

 
140,942

Net income (loss)
(6,125
)
 
25,064

 
46,615

 
52,594

Net income (loss) attributable to Universal Corporation
(5,947
)
 
22,465

 
44,534

 
47,964

Earnings (loss) available to Universal Corporation common shareholders after dividends on convertible perpetual preferred stock
(9,634
)
 
18,778

 
40,847

 
44,277

Earnings (loss) per share attributable to Universal Corporation common shareholders:
 
 
 
 
 
 
 
Basic
(0.43
)
 
0.83

 
1.80

 
1.95

Diluted
(0.43
)
 
0.81

 
1.60

 
1.72

Cash Dividends Declared:
 
 
 
 
 
 
 
Per share of convertible perpetual preferred stock
16.88

 
16.87

 
16.88

 
16.87

Per share of common stock
0.52

 
0.52

 
0.53

 
0.53

Market Price Range of Common Stock:
 
 
 
 
 
 
 
High
57.76

 
58.41

 
57.72

 
57.27

Low
46.80

 
46.98

 
49.70

 
51.49

 
 
 
 
 
 
 
 
Fiscal Year Ended March 31, 2015
 
 
 
 
 
 
 
Operating Results:
 
 
 
 
 
 
 
Sales and other operating revenues
$
271,472

 
$
464,116

 
$
758,054

 
$
778,159

Gross profit
55,540

 
85,071

 
147,572

 
122,091

Net income
525

 
15,484

 
58,077

 
46,375

Net income attributable to Universal Corporation
717

 
15,025

 
53,039

 
45,827

Earnings (loss) available to Universal Corporation common shareholders after dividends on convertible perpetual preferred stock
(2,995
)
 
11,312

 
49,309

 
42,122

Earnings (loss) per share attributable to Universal Corporation common shareholders:
 
 
 
 
 
 
 
Basic
(0.13
)
 
0.49

 
2.13

 
1.86

Diluted
(0.13
)
 
0.48

 
1.87

 
1.64

Cash Dividends Declared:
 
 
 
 
 
 
 
Per share of convertible perpetual preferred stock
16.88

 
16.87

 
16.88

 
16.87

Per share of common stock
0.51

 
0.51

 
0.52

 
0.52

Market Price Range of Common Stock:
 
 
 
 
 
 
 
High
56.82

 
56.35

 
45.63

 
48.10

Low
52.16

 
44.39

 
38.53

 
39.27