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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, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2010
Sep. 30, 2010
Jun. 30, 2010
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2010
Numerator for basic earnings per share                      
Net income attributable to Universal Corporation $ 25,755 $ 58,453 $ (8,039) $ 15,888 $ 27,116 $ 52,298 $ 51,831 $ 25,320 $ 92,057 $ 156,565 $ 168,397
Less: Dividends on convertible perpetual preferred stock                 (14,850) (14,850) (14,850)
Earnings available to Universal Corporation common shareholders for calculation of basic earnings per share 22,042 54,741 (11,752) 12,176 23,403 48,586 48,118 21,608 77,207 141,715 153,547
Denominator for basic earnings per share                      
Weighted average shares outstanding                 23,228 23,859 24,732
Basic earnings per share $ 0.95 $ 2.36 $ (0.51) $ 0.52 $ 1.00 $ 2.05 $ 2.00 $ 0.89 $ 3.32 $ 5.94 $ 6.21
Numerator for diluted earnings per share                      
Earnings available to Universal Corporation common shareholders 22,042 54,741 (11,752) 12,176 23,403 48,586 48,118 21,608 77,207 141,715 153,547
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                 $ 92,057 $ 156,565 $ 168,397
Denominator for diluted earnings per share:                      
Weighted average shares outstanding                 23,228 23,859 24,732
Effect of dilutive securities (if conversion or exercise assumed) Convertible perpetual preferred stock                 4,772 4,750 4,733
Employee share-based awards                 339 279 197
Denominator for diluted earnings per share                 28,339 28,888 29,662
Diluted earnings per share $ 0.91 $ 2.06 $ (0.51) $ 0.52 $ 0.95 $ 1.82 $ 1.78 $ 0.87 $ 3.25 $ 5.42 $ 5.68