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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 | 9 Months Ended
--- | --- | ---
Dec. 31, 2015 | Dec. 31, 2014 | Dec. 31, 2015 | Dec. 31, 2014
Numerator for basic earnings per share |  |  |  |
Net income attributable to Universal Corporation | $ 44,534 | $ 53,039 | $ 61,052 | $ 68,781
Less: Dividends on convertible perpetual preferred stock | (3,687) | (3,712) | (11,061) | (11,137)
Less: Cost in excess of carrying value on repurchases of convertible perpetual preferred stock | 0 | (18) | 0 | (18)
Earnings available to Universal Corporation common shareholders | $ 40,847 | $ 49,309 | $ 49,991 | $ 57,626
Denominator for basic earnings per share |  |  |  |
Weighted average shares outstanding | 22,717,043 | 23,095,861 | 22,671,943 | 23,165,553
Basic earnings per share | $ 1.80 | $ 2.13 | $ 2.20 | $ 2.49
Numerator for diluted earnings per share |  |  |  |
Earnings available to Universal Corporation common shareholders | $ 40,847 | $ 49,309 | $ 49,991 | $ 57,626
Add: Dividends on convertible perpetual preferred stock (if conversion assumed) | 3,687 | 3,712 | 0 | 11,137
Add: Cost in excess of carrying value on repurchases of convertible perpetual preferred stock | 0 | 18 | 0 | 18
Earnings available to Universal Corporation common shareholders for calculation of diluted earnings per share | $ 44,534 | $ 53,039 | $ 49,991 | $ 68,781
Denominator for diluted earnings per share: |  |  |  |
Weighted average shares outstanding | 22,717,043 | 23,095,861 | 22,671,943 | 23,165,553
Convertible perpetual preferred stock | 4,857,262 | 4,852,940 | 0 | 4,845,818
Employee share-based awards | 280,603 | 342,216 | 285,107 | 328,060
Denominator for diluted earnings per share | 27,854,908 | 28,291,017 | 22,957,050 | 28,339,431
Diluted earnings per share | $ 1.60 | $ 1.87 | $ 2.18 | $ 2.43

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