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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Mar. 31, 2012
Dec. 31, 2011
ASSETS      
Cash and cash equivalents $ 341,572 $ 261,699 $ 152,368
Accounts receivable, net 351,655 390,790 406,541
Advances to suppliers, net 118,380 135,317 94,732
Accounts receivable - unconsolidated affiliates 5,673 7,370 912
Inventories - at lower of cost or market:      
Tobacco 742,895 682,095 862,991
Other 60,067 53,197 57,261
Prepaid income taxes 15,734 20,819 13,661
Deferred income taxes 36,591 51,025 52,766
Other current assets 68,999 88,317 71,121
Total current assets 1,741,566 1,690,629 1,712,353
Property, plant and equipment      
Land 17,151 17,087 16,976
Buildings 232,780 228,982 225,010
Machinery and equipment 553,383 537,031 531,183
Total property, plant and equipment 803,314 783,100 773,169
Less accumulated depreciation (509,913) (479,908) (469,414)
Property, plant and equipment, net 293,401 303,192 303,755
Other assets      
Goodwill and other intangibles 99,118 99,266 99,293
Investments in unconsolidated affiliates 92,775 93,312 84,306
Deferred income taxes 21,227 23,634 13,683
Other noncurrent assets 52,638 56,886 56,249
Total other assets 265,758 273,098 253,531
Total assets 2,300,725 2,266,919 2,269,639
LIABILITIES AND SHAREHOLDERS' EQUITY      
Notes payable and overdrafts 87,423 128,016 130,165
Accounts payable and accrued expenses 164,831 187,790 199,408
Accounts payable - unconsolidated affiliates 54 295 7,207
Customer advances and deposits 60,537 16,832 45,061
Accrued compensation 25,870 30,659 20,638
Income taxes payable 18,727 12,866 12,085
Current portion of long-term obligations 210,000 16,250 15,000
Total current liabilities 567,442 392,708 429,564
Long-term obligations 185,000 392,500 395,000
Pensions and other postretirement benefits 139,105 140,529 95,656
Other long-term liabilities 86,938 90,609 87,147
Deferred income taxes 45,791 44,583 50,941
Total liabilities 1,024,276 1,060,929 1,058,308
Shareholders' equity      
Common stock, no par value, 100,000,000 shares authorized, 23,324,880 shares issued and outstanding (23,245,254 at December 31, 2011, and 23,257,175 at March 31, 2012) 197,805 196,135 194,806
Retained earnings 910,454 854,654 844,150
Accumulated other comprehensive loss (73,305) (80,361) (58,880)
Total Universal Corporation shareholders' equity 1,247,977 1,183,451 1,193,099
Noncontrolling interests in subsidiaries 28,472 22,539 18,232
Total shareholders' equity 1,276,449 1,205,990 1,211,331
Total liabilities and shareholders' equity 2,300,725 2,266,919 2,269,639
Series A Junior Participating Preferred Stock [Member]
     
Shareholders' equity      
Preferred Stock 0 0 0
Series B 6.75% Convertible Perpetual Preferred Stock [Member]
     
Shareholders' equity      
Preferred Stock $ 213,023 $ 213,023 $ 213,023