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Consolidated Statements Of Income And Retained Earnings (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Consolidated Statements Of Income And Retained Earnings [Abstract]        
Sales and other operating revenues $ 672,420 $ 688,208 $ 1,792,911 $ 1,891,312
Costs and expenses        
Cost of goods sold 525,315 534,164 1,432,022 1,501,757
Selling, general and administrative expenses 64,747 74,826 183,985 194,103
Other income (11,111) [1] (19,368) [1] (20,703) [1] (19,368) [1]
Restructuring and impairment costs 399 [1] 10,995 [1] 10,220 [1] 13,964 [1]
Charge for (reversal of) European Commission fines in Italy and Spain     49,091 [1] (7,445) [1]
Operating income 93,070 87,591 138,296 208,301
Equity in pretax earnings (loss) of unconsolidated affiliates 1,072 [2] (1,439) [2] (2,264) [2] 953 [2]
Interest income 519 754 1,240 2,614
Interest expense 6,175 6,257 17,373 17,245
Income before income taxes and other items 88,486 80,649 119,899 194,623
Income taxes 26,884 23,064 48,972 58,837
Net income 61,602 57,585 70,927 135,786
Less: net (income) loss attributable to noncontrolling interests in subsidiaries (3,149) (5,287) (4,625) (6,337)
Net income attributable to Universal Corporation 58,453 52,298 66,302 129,449
Dividends on Universal Corporation convertible perpetual preferred stock (3,712) (3,712) (11,137) (11,137)
Earnings available to Universal Corporation common shareholders 54,741 48,586 55,165 118,312
Earnings per share attributable to Universal Corporation common shareholders:        
Basic $ 2.36 $ 2.05 $ 2.38 $ 4.93
Diluted $ 2.06 $ 1.82 $ 2.34 $ 4.46
Retained earnings - beginning of year     825,751 767,213
Net income attributable to Universal Corporation 58,453 52,298 66,302 129,449
Cash dividends declared:        
Series B 6.75% Convertible Perpetual Preferred Stock (3,712) (3,712) (11,137) (11,137)
Common stock (2011 - $1.45 per share; 2010 - $1.42 per share)     (33,555) (33,891)
Repurchase of common stock - cost in excess of stated capital amount     (2,827) (27,074)
Dividend equivalents on restricted stock units     (384) (316)
Retained earnings - end of period $ 844,150 $ 824,244 $ 844,150 $ 824,244
[1] Item is not included in segment operating income, but is included in consolidated operating income.
[2] Item is included in segment operating income, but not included in consolidated operating income.