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Consolidated Statements Of Income And Comprehensive Income - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]        
Sales and other operating revenues $ 821,507 $ 795,039 $ 1,977,713 $ 1,875,845
Costs and expenses        
Cost of goods sold 654,556 649,539 1,592,533 1,540,368
Selling, general and administrative expenses 78,563 67,974 227,846 206,799
Restructuring and impairment costs [1] 924 0 3,523 0
Operating income 87,464 77,526 153,811 128,678
Equity in pretax earnings (loss) of unconsolidated affiliates [2] 1,384 345 (3,495) 208
Other non-operating income (expense) 726 (69) 2,179 (208)
Interest income 1,720 77 4,038 407
Interest expense 15,525 14,265 48,121 33,259
Income before income taxes and other items 75,769 63,614 108,412 95,826
Income taxes 14,482 12,253 21,498 22,258
Net income 61,287 51,361 86,914 73,568
Less: net loss (income) attributable to noncontrolling interests in subsidiaries (8,071) (9,701) (7,634) (3,223)
Net income attributable to Universal Corporation $ 53,216 $ 41,660 $ 79,280 $ 70,345
Earnings per share:        
Basic $ 2.14 $ 1.68 $ 3.19 $ 2.84
Diluted $ 2.12 $ 1.67 $ 3.17 $ 2.82
Weighted average common shares outstanding:        
Basic 24,849,498 24,770,294 24,853,774 24,772,827
Diluted 25,055,829 24,928,426 25,017,167 24,934,447
Total comprehensive income (loss)        
Total comprehensive income (loss), net of income taxes $ 55,884 $ 64,082 $ 83,638 $ 80,377
Less: comprehensive (income) loss attributable to noncontrolling interests (8,255) (10,071) (7,555) (2,976)
Comprehensive income (loss) attributable to Universal Corporation $ 47,629 $ 54,011 $ 76,083 $ 77,401
Dividends declared per common share $ 0.80 $ 0.79 $ 2.40 $ 2.37
[1] Restructuring and impairment costs are excluded from segment operating income, but are included in consolidated operating income in the consolidated statements of income and comprehensive income. See Note 2 for additional information
[2] Equity in pretax earnings (loss) of unconsolidated affiliates is included in segment operating income (Tobacco Operations), but is reported below consolidated operating income and excluded from that total in the consolidated statements of income and comprehensive income.