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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, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2015
Numerator for basic earnings per share                      
Net income attributable to Universal Corporation $ 32,869 $ 53,647 $ 25,264 $ (5,476) $ 47,964 $ 44,534 $ 22,465 $ (5,947) $ 106,304 $ 109,016 $ 114,608
Less: Dividends on convertible perpetual preferred stock                 (11,061) (14,748) (14,824)
Less: Cost in excess of carrying value on conversion or repurchase of convertible perpetual preferred stock                 74,353 0 36
Earnings available to Universal Corporation common shareholders $ (41,484) $ 49,960 $ 21,577 $ (9,163) $ 44,277 $ 40,847 $ 18,778 $ (9,634) $ 20,890 $ 94,268 $ 99,748
Denominator for basic earnings per share                      
Weighted average shares outstanding                 23,433,860 22,683,290 23,035,920
Basic earnings per share $ (1.64) $ 2.17 $ 0.95 $ (0.40) $ 1.95 $ 1.80 $ 0.83 $ (0.43) $ 0.89 $ 4.16 $ 4.33
Numerator for diluted earnings per share                      
Earnings available to Universal Corporation common shareholders $ (41,484) $ 49,960 $ 21,577 $ (9,163) $ 44,277 $ 40,847 $ 18,778 $ (9,634) $ 20,890 $ 94,268 $ 99,748
Add: Dividends on convertible perpetual preferred stock (if conversion assumed)                 0 (14,748) (14,824)
Add: Cost in excess of carrying value on conversion or repurchase of convertible perpetual preferred stock                 0 0 36
Earnings available to Universal Corporation common shareholders for calculation of diluted earnings per share                 $ 20,890 $ 109,016 $ 114,608
Denominator for diluted earnings per share:                      
Weighted average shares outstanding                 23,433,860 22,683,290 23,035,920
Effect of dilutive securities (if conversion or exercise assumed) Convertible perpetual preferred stock                 0 4,853,268 4,843,309
Effect of dilutive securities (if conversion or exercise assumed) Employee share-based awards                 336,228 288,933 342,035
Denominator for diluted earnings per share                 23,770,088 27,825,491 28,221,264
Diluted earnings per share $ (1.64) $ 1.92 $ 0.90 $ (0.40) $ 1.72 $ 1.60 $ 0.81 $ (0.43) $ 0.88 $ 3.92 $ 4.06