XML 61 R26.htm IDEA: XBRL DOCUMENT v2.4.0.8
Investment in NEC TOKIN Equity Investment in NEC Tokin (Tables)
 3 Months Ended
Jun. 30, 2014
Schedule of Equity Method Investments [Line Items]  
Equity Method Investments Summarized Financial Information [Table Text Block]
Summarized financial information for NEC TOKIN follows (amounts in thousands):
 
June 30,
2014
 
March 31,
2014
Current assets
$
239,025

 
$
245,709

Non-current assets
311,389

 
302,161

Current liabilities
128,076

 
120,929

Non-current liabilities
358,014

 
360,908


 
Quarters Ended June 30,
 
2014
 
2013
Sales
$
122,408

 
$
123,192

Gross profit
26,678

 
18,300

Net loss
(3,154
)
 
(8,729
)
Equity Method Investments [Table Text Block]
A reconciliation between NEC TOKIN's net loss and KEMET's equity investment loss follows (amounts in thousands):

 
Quarters Ended June 30,
 
2014
 
2013
NEC TOKIN net loss
(3,154
)
 
(8,729
)
KEMET's equity ownership %
34
%
 
34
%
Equity loss from NEC TOKIN before Adjustments
(1,072
)
 
(2,968
)
 
 
 
 
Adjustments:
 
 
 
Amortization and depreciation
(603
)
 
(409
)
Equity loss from NEC TOKIN
$
(1,675
)
 
$
(3,377
)
    
    
A reconciliation between NEC TOKIN's net assets and KEMET's investment in NEC TOKIN balance follows (amounts in thousands):
 
June 30,
2014
 
March 31,
2014
Investment in NEC TOKIN
$
45,235

 
$
46,419

Purchase price accounting basis adjustment:
 
 
 
Property, plant and equipment
7,220

 
7,325

Technology
(15,855
)
 
(16,261
)
Long-term debt
(4,504
)
 
(4,754
)
Goodwill
(9,326
)
 
(9,326
)
Other
(901
)
 
(952
)
KEMET's 34% economic interest of NEC TOKIN's net assets
$
21,869

 
$
22,451