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Earnings Per Share (Computation Of Basic And Diluted Earnings (Loss) Per Share) (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2015
Mar. 31, 2014
Mar. 31, 2013
Numerator for basic earnings per share                      
Net income attributable to Universal Corporation $ 45,827us-gaap_NetIncomeLoss $ 53,039us-gaap_NetIncomeLoss $ 15,025us-gaap_NetIncomeLoss $ 717us-gaap_NetIncomeLoss $ 26,671us-gaap_NetIncomeLoss $ 38,585us-gaap_NetIncomeLoss $ 25,444us-gaap_NetIncomeLoss $ 58,309us-gaap_NetIncomeLoss $ 114,608us-gaap_NetIncomeLoss $ 149,009us-gaap_NetIncomeLoss $ 132,750us-gaap_NetIncomeLoss
Less: Dividends on convertible perpetual preferred stock                 (14,824)us-gaap_PreferredStockDividendsIncomeStatementImpact (14,850)us-gaap_PreferredStockDividendsIncomeStatementImpact (14,850)us-gaap_PreferredStockDividendsIncomeStatementImpact
Less: Cost in excess of carrying value on repurchases of convertible perpetual preferred stock                 36uvv_StockRepurchasedAndRetiredDuringPeriodValueRetainedEarnings 0uvv_StockRepurchasedAndRetiredDuringPeriodValueRetainedEarnings 0uvv_StockRepurchasedAndRetiredDuringPeriodValueRetainedEarnings
Earnings available to Universal Corporation common shareholders 42,122us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 49,309us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 11,312us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic (2,995)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 22,958us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 34,873us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 21,731us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 54,597us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 99,748us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 134,159us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 117,900us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Denominator for basic earnings per share                      
Weighted average shares outstanding                 23,035,920us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 23,238,978us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 23,354,793us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Basic earnings per share $ 1.86us-gaap_EarningsPerShareBasic $ 2.13us-gaap_EarningsPerShareBasic $ 0.49us-gaap_EarningsPerShareBasic $ (0.13)us-gaap_EarningsPerShareBasic $ 0.99us-gaap_EarningsPerShareBasic $ 1.50us-gaap_EarningsPerShareBasic $ 0.94us-gaap_EarningsPerShareBasic $ 2.34us-gaap_EarningsPerShareBasic $ 4.33us-gaap_EarningsPerShareBasic $ 5.77us-gaap_EarningsPerShareBasic $ 5.05us-gaap_EarningsPerShareBasic
Numerator for diluted earnings per share                      
Earnings available to Universal Corporation common shareholders 42,122us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 49,309us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 11,312us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic (2,995)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 22,958us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 34,873us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 21,731us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 54,597us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 99,748us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 134,159us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 117,900us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Add: Dividends on convertible perpetual preferred stock (if conversion assumed)                 14,824us-gaap_ConvertiblePreferredDividendsNetOfTax 14,850us-gaap_ConvertiblePreferredDividendsNetOfTax 14,850us-gaap_ConvertiblePreferredDividendsNetOfTax
Add: Cost in excess of carrying value on repurchases of convertible perpetual preferred stock                 (36)uvv_StockRepurchasedAndRetiredDuringPeriodValueRetainedEarnings 0uvv_StockRepurchasedAndRetiredDuringPeriodValueRetainedEarnings 0uvv_StockRepurchasedAndRetiredDuringPeriodValueRetainedEarnings
Earnings available to Universal Corporation common shareholders for calculation of diluted earnings per share                 $ 114,608us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted $ 149,009us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted $ 132,750us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted
Denominator for diluted earnings per share:                      
Weighted average shares outstanding                 23,035,920us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 23,238,978us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 23,354,793us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Effect of dilutive securities (if conversion or exercise assumed) Convertible perpetual preferred stock                 4,843,309us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock 4,821,557us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock 4,796,813us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock
Effect of dilutive securities (if conversion or exercise assumed) Employee share-based awards                 342,035us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements 331,498us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements 326,452us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
Denominator for diluted earnings per share                 28,221,264us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 28,392,033us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 28,478,058us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Diluted earnings per share $ 1.64us-gaap_EarningsPerShareDiluted $ 1.87us-gaap_EarningsPerShareDiluted $ 0.48us-gaap_EarningsPerShareDiluted $ (0.13)us-gaap_EarningsPerShareDiluted $ 0.94us-gaap_EarningsPerShareDiluted $ 1.36us-gaap_EarningsPerShareDiluted $ 0.90us-gaap_EarningsPerShareDiluted $ 2.05us-gaap_EarningsPerShareDiluted $ 4.06us-gaap_EarningsPerShareDiluted $ 5.25us-gaap_EarningsPerShareDiluted $ 4.66us-gaap_EarningsPerShareDiluted