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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