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Investment in NEC TOKIN Equity Investment in NEC Tokin (Tables)
 6 Months Ended
Sep. 30, 2014
Schedule of Equity Method Investments [Line Items]  
Summarized financial information for NEC TOKIN
Summarized financial information for NEC TOKIN follows (amounts in thousands):
 
September 30,
2014
 
March 31,
2014
Current assets
$
232,991

 
$
245,709

Non-current assets
292,440

 
302,161

Current liabilities
123,962

 
120,929

Non-current liabilities
325,877

 
360,908


 
Three Months Ended 
 September 30,
 
Six Month Periods Ended September 30,
 
2014
 
2013
 
2014
 
2013
Sales
$
129,677

 
$
135,074

 
$
252,085

 
$
258,266

Gross profit
26,387

 
25,569

 
53,065

 
43,869

Net income (loss)
2,454

 
(3,213
)
 
(700
)
 
(11,942
)
Reconciliation between NEC TOKIN's net loss and KEMET's equity investment loss
A reconciliation between NEC TOKIN's net loss and KEMET's equity investment loss follows (amounts in thousands):

 
Three Months Ended 
 September 30,
 
Six Month Periods Ended September 30,
 
2014
 
2013
 
2014
 
2013
NEC TOKIN net income (loss)
2,454

 
(3,213
)
 
(700
)
 
(11,942
)
KEMET's equity ownership %
34
%
 
34
%
 
34
%
 
34
%
Equity income (loss) from NEC TOKIN before Adjustments
834

 
(1,092
)
 
(238
)
 
(4,060
)
 


 


 
 
 
 
Adjustments:


 


 
 
 
 
Amortization and depreciation
(602
)
 
(405
)
 
(1,205
)
 
(814
)
Inventory valuation
—

 
254

 
—

 
254

Equity income (loss) from NEC TOKIN
$
232

 
$
(1,243
)
 
$
(1,443
)
 
$
(4,620
)
    
A reconciliation between NEC TOKIN's net assets and KEMET's investment in NEC TOKIN balance follows (amounts in thousands):
 
September 30,
2014
 
March 31,
2014
Investment in NEC TOKIN
$
48,449

 
$
46,419

Purchase price accounting basis adjustment:
 
 
 
Property, plant and equipment
7,116

 
7,325

Technology
(15,450
)
 
(16,261
)
Long-term debt
(4,254
)
 
(4,754
)
Goodwill
(9,326
)
 
(9,326
)
Other
(834
)
 
(952
)
KEMET's 34% economic interest of NEC TOKIN's net assets
$
25,701

 
$
22,451