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Earnings Per Share (Computation Of Basic And Diluted Earnings (Loss) Per Share) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2014
Numerator for basic earnings per share                      
Net income attributable to Universal Corporation $ 47,964 $ 44,534 $ 22,465 $ (5,947) $ 45,827 $ 53,039 $ 15,025 $ 717 $ 109,016 $ 114,608 $ 149,009
Less: Dividends on convertible perpetual preferred stock                 (14,748) (14,824) (14,850)
Less: Cost in excess of carrying value on repurchases of convertible perpetual preferred stock                 0 36 0
Earnings available to Universal Corporation common shareholders $ 44,277 $ 40,847 $ 18,778 $ (9,634) $ 42,122 $ 49,309 $ 11,312 $ (2,995) $ 94,268 $ 99,748 $ 134,159
Denominator for basic earnings per share                      
Weighted average shares outstanding                 22,683,290 23,035,920 23,238,978
Basic earnings per share $ 1.95 $ 1.80 $ 0.83 $ (0.43) $ 1.86 $ 2.13 $ 0.49 $ (0.13) $ 4.16 $ 4.33 $ 5.77
Numerator for diluted earnings per share                      
Earnings available to Universal Corporation common shareholders $ 44,277 $ 40,847 $ 18,778 $ (9,634) $ 42,122 $ 49,309 $ 11,312 $ (2,995) $ 94,268 $ 99,748 $ 134,159
Add: Dividends on convertible perpetual preferred stock (if conversion assumed)                 14,748 14,824 14,850
Add: Cost in excess of carrying value on repurchases of convertible perpetual preferred stock                 0 (36) 0
Earnings available to Universal Corporation common shareholders for calculation of diluted earnings per share                 $ 109,016 $ 114,608 $ 149,009
Denominator for diluted earnings per share:                      
Weighted average shares outstanding                 22,683,290 23,035,920 23,238,978
Effect of dilutive securities (if conversion or exercise assumed) Convertible perpetual preferred stock                 4,853,268 4,843,309 4,821,557
Effect of dilutive securities (if conversion or exercise assumed) Employee share-based awards                 288,933 342,035 331,498
Denominator for diluted earnings per share                 27,825,491 28,221,264 28,392,033
Diluted earnings per share $ 1.72 $ 1.60 $ 0.81 $ (0.43) $ 1.64 $ 1.87 $ 0.48 $ (0.13) $ 3.92 $ 4.06 $ 5.25