Equity Method Investments and Related-Party Transactions (Tables)

3 Months Ended

Jun. 30, 2018

Equity Method Investments And Related Party Transactions [Abstract]

The Difference Between Carrying Value of Investment in Euro Infrastructure Co. and Proportionate Share of Net Assets of Euro Infrastructure Co.

The difference between the Company’s carrying value of its investment in Euro Infrastructure Co. and its proportionate share of the net assets of Euro Infrastructure Co. as of June 30, 2018 and March 31, 2018 is summarized as follows:

	As of June 30, 2018			As of March 31, 2018
	(In thousands)
Carrying value of investment in Euro Infrastructure Co.	$	169,454		$	163,835
Less: proportionate share of net assets of Euro    Infrastructure Co.		152,200			147,115
Excess carrying value of investment over    proportionate share of net assets	$	17,254		$	16,720
The excess carrying value has been primarily assigned to:
Goodwill	$	24,188		$	23,523
Identifiable intangible assets		12,773			12,839
Tangible assets		(21,441	)		(21,342	)
Deferred income taxes		1,734			1,700
	$	17,254		$	16,720

Schedule of Related Party Transactions

The following tables set forth the material related-party transactions entered into between Euro Infrastructure Co. and its subsidiaries, or Ducommon Inc. (inventory procurement) on the one hand, and the Company and its subsidiaries, on the other hand, in the ordinary course of business for the time periods presented:

	Three Months Ended
	June 30, 2018		June 30, 2017
	(In thousands)
Revenue – Euro Infrastructure Co.	$	1,851	$	3,451
Expense – Euro Infrastructure Co.		2,159		1,831
Cash received – Euro Infrastructure Co.		2,430		2,071
Cash paid – Euro Infrastructure Co.		1,947		2,021
Cash paid – Ducommun Inc.		2,458	*

	As of June 30, 2018		As of March 31, 2018
	(In thousands)
Accounts receivable – Euro Infrastructure Co.	$	2,167	$	3,307
Collections in excess of revenues and deferred    revenues – Euro Infrastructure Co.		3,607		3,246
Accounts payable – Ducommun Inc.		3,918		2,073

* There was no related-party activity for the period indicated.