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Earnings Per Share (Computation Of Basic And Diluted Earnings (Loss) Per Share) (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2011
Numerator for basic earnings per share                      
Net income attributable to Universal Corporation $ 26,102 $ 35,542 $ 47,981 $ 23,125 $ 25,755 $ 58,453 $ (8,039) $ 15,888 $ 132,750 $ 92,057 $ 156,565
Less: Dividends on convertible perpetual preferred stock                 (14,850) (14,850) (14,850)
Earnings available to Universal Corporation common shareholders 22,389 31,830 44,268 19,413 22,042 54,741 (11,752) 12,176 117,900 77,207 141,715
Denominator for basic earnings per share                      
Weighted average shares outstanding                 23,355 23,228 23,859
Basic earnings per share $ 0.96 $ 1.36 $ 1.89 $ 0.83 $ 0.95 $ 2.36 $ (0.51) $ 0.52 $ 5.05 $ 3.32 $ 5.94
Numerator for diluted earnings per share                      
Earnings available to Universal Corporation common shareholders 22,389 31,830 44,268 19,413 22,042 54,741 (11,752) 12,176 117,900 77,207 141,715
Add: Dividends on convertible perpetual preferred stock (if conversion assumed)                 14,850 14,850 14,850
Earnings available to Universal Corporation common shareholders for calculation of diluted earnings per share                 $ 132,750 $ 92,057 $ 156,565
Denominator for diluted earnings per share:                      
Weighted average shares outstanding                 23,355 23,228 23,859
Effect of dilutive securities (if conversion or exercise assumed) Convertible perpetual preferred stock                 4,797 4,772 4,750
Employee share-based awards                 326 339 279
Denominator for diluted earnings per share                 28,478 28,339 28,888
Diluted earnings per share $ 0.92 $ 1.25 $ 1.68 $ 0.81 $ 0.91 $ 2.06 $ (0.51) $ 0.52 $ 4.66 $ 3.25 $ 5.42