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Earnings Per Share (Tables) | 9 Months Ended
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Dec. 31, 2022
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted | The following table sets forth the computation of basic and diluted earnings per share:
|  | Three Months Ended December 31, |  | Nine Months Ended December 31,
(in thousands, except share and per share data) |  | 2022 |  | 2021 |  | 2022 |  | 2021
Basic Earnings Per Share |  |  |  |  |  |  |  |
Numerator for basic earnings per share |  |  |  |  |  |  |  |
Net income attributable to Universal Corporation |  | $ | 41,660 |  |  | $ | 34,940 |  |  | $ | 70,345 |  |  | $ | 60,807 |
Denominator for basic earnings per share |  |  |  |  |  |  |  |
Weighted average shares outstanding |  | 24,770,294 |  |  | 24,792,108 |  |  | 24,772,827 |  |  | 24,761,290 |
Basic earnings per share |  | $ | 1.68 |  |  | $ | 1.41 |  |  | $ | 2.84 |  |  | $ | 2.46 |
Diluted Earnings Per Share |  |  |  |  |  |  |  |
Numerator for diluted earnings per share |  |  |  |  |  |  |  |
Net income attributable to Universal Corporation |  | $ | 41,660 |  |  | $ | 34,940 |  |  | $ | 70,345 |  |  | $ | 60,807 |
Denominator for diluted earnings per share: |  |  |  |  |  |  |  |
Weighted average shares outstanding |  | 24,770,294 |  |  | 24,792,108 |  |  | 24,772,827 |  |  | 24,761,290 |
Effect of dilutive securities |  |  |  |  |  |  |  |
Employee and outside director share-based awards |  | 158,132 |  |  | 156,983 |  |  | 161,620 |  |  | 151,354 |
Denominator for diluted earnings per share |  | 24,928,426 |  |  | 24,949,091 |  |  | 24,934,447 |  |  | 24,912,644 |
Diluted earnings per share |  | $ | 1.67 |  |  | $ | 1.40 |  |  | $ | 2.82 |  |  | $ | 2.44 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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