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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 6 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Numerator for basic earnings per share        
Net income attributable to Universal Corporation $ 22,465 $ 15,025 $ 16,518 $ 15,742
Less: Dividends on convertible perpetual preferred stock (3,687) (3,713) (7,374) (7,425)
Earnings available to Universal Corporation common shareholders $ 18,778 $ 11,312 $ 9,144 $ 8,317
Denominator for basic earnings per share        
Weighted average shares outstanding 22,675,323 23,178,082 22,649,270 23,200,589
Basic earnings (loss) per share $ 0.83 $ 0.49 $ 0.40 $ 0.36
Numerator for diluted earnings per share        
Earnings available to Universal Corporation common shareholders $ 18,778 $ 11,312 $ 9,144 $ 8,317
Add: Dividends on convertible perpetual preferred stock (if conversion assumed) 3,687 0 0 0
Earnings available to Universal Corporation common shareholders for calculation of diluted earnings per share $ 22,465 $ 11,312 $ 9,144 $ 8,317
Denominator for diluted earnings per share:        
Weighted average shares outstanding 22,675,323 23,178,082 22,649,270 23,200,589
Incremental Common Shares Attributable to Dilutive Effect of Conversion of Preferred Stock 4,848,766 0 0 0
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements 326,539 330,445 287,361 320,982
Denominator for diluted earnings per share 27,850,628 23,508,527 22,936,631 23,521,571
Diluted earnings per share $ 0.81 $ 0.48 $ 0.40 $ 0.35