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Unaudited Quarterly Financial Data (Unaudited Quarterly Financial Data) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2016
Quarterly Financial Information Disclosure [Abstract]                      
Sales and other operating revenues $ 607,496 $ 653,581 $ 488,248 $ 284,622 $ 650,030 $ 668,771 $ 456,942 $ 295,475      
Gross profit 116,497 108,518 93,076 53,857 119,185 135,453 87,844 52,197      
Net income 34,322 50,219 28,306 3,321 36,450 57,062 26,498 (7,504) $ 116,168 $ 112,506 $ 118,148
Net income attributable to Universal Corporation $ 30,518 $ 45,400 $ 26,167 $ 3,577 32,869 53,647 25,264 (5,476) 105,662 106,304 109,016
Earnings available to Universal Corporation common shareholders         $ (41,484) $ 49,960 $ 21,577 $ (9,163) $ 105,662 $ 20,890 $ 94,268
Basic $ 1.21 $ 1.80 $ 1.03 $ 0.14 $ (1.64) $ 2.17 $ 0.95 $ (0.40) $ 4.18 $ 0.89 $ 4.16
Diluted 1.20 1.78 1.02 0.14 (1.64) 1.92 0.90 (0.40) 4.14 0.88 3.92
Preferred stock, cash dividends declared per share 0.00 0.00 0.00 0.00 0.00 16.88 16.87 16.88 0.00 50.63 67.50
Common stock, cash dividends declared per share 0.55 0.55 0.54 0.54 0.54 0.54 0.53 0.53 2.18 2.14 $ 2.10
Market price range of common stock, high 53.85 60.45 65.90 75.70 83.35 64.20 61.69 57.75 53.85 83.35  
Market price range of common stock, low $ 45.95 $ 52.05 $ 55.00 $ 63.15 $ 63.30 $ 52.40 $ 55.29 $ 52.26 $ 45.95 $ 63.30