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Consolidated Statements Of Income And Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Income Statement [Abstract]        
Sales and other operating revenues $ 680,029 $ 672,420 $ 1,816,607 $ 1,792,911
Costs and Expenses        
Cost of goods sold 554,588 525,315 1,461,087 1,432,022
Selling, general and administrative expenses 60,928 64,747 169,406 183,985
Other income 0 [1] (11,111) [1] 0 [1] (20,703) [1]
Restructuring costs 0 [1] 399 [1] 3,687 [1] 10,220 [1]
Charge for European Commission fine in Italy 0 [1] 0 [1] 0 [1] 49,091 [1]
Operating income 64,513 93,070 182,427 138,296
Equity in pretax earnings (loss) of unconsolidated affiliates (1,241) [2] 1,072 [2] (192) [2] (2,264) [2]
Interest income 183 519 410 1,240
Interest expense 5,670 6,175 17,778 17,373
Income before income taxes and other items 57,785 88,486 164,867 119,899
Income taxes 18,070 26,884 50,633 48,972
Net income 39,715 61,602 114,234 70,927
Less: net income attributable to noncontrolling interests in subsidiaries (4,173) (3,149) (7,586) (4,625)
Net income attributable to Universal Corporation 35,542 58,453 106,648 66,302
Dividends on Universal Corporation convertible perpetual preferred stock (3,712) (3,712) (11,137) (11,137)
Earnings available to Universal Corporation common shareholders 31,830 54,741 95,511 55,165
Earnings per share attributable to Universal Corporation common shareholders:        
Basic $ 1.36 $ 2.36 $ 4.09 $ 2.38
Diluted $ 1.25 $ 2.06 $ 3.75 $ 2.34
Weighted average common shares outstanding:        
Basic 23,406 23,238 23,361 23,220
Diluted 28,517 28,381 28,470 28,309
Total comprehensive income:        
Total comprehensive income, net of income taxes 48,424 55,477 121,582 56,725
Less: comprehensive income attributable to noncontrolling interests, net of income taxes (4,274) (3,097) (7,878) (4,527)
Comprehensive income attributable to Universal Corporation, net of income taxes $ 44,150 $ 52,380 $ 113,704 $ 52,198
Dividends declared per common share $ 0.50 $ 0.49 $ 1.48 $ 1.45
[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 is not included in consolidated operating income.