Sale of TPack A/S Sale of TPack A/S

12 Months Ended

Mar. 31, 2016

Discontinued Operations and Disposal Groups [Abstract]

Sale of TPack A/S

Sale of TPack A/S

On April 22, 2013, the Company completed the sale of its former subsidiary, TPack, and certain specified IP for an aggregate consideration of $33.5 million which has been fully received as of April 2014. In connection with the divestiture, the Company recorded a gain of $19.7 million in the fiscal year ended March 31, 2014.