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Subsequent Events (Tables)
12 Months Ended
Mar. 31, 2017
Subsequent Events [Abstract]  
Schedule of gain on sale of business
Net sales and net operating loss from the Company’s discontinued operation for years ended March 31, 2017, 2016 and 2015 were as follows (in thousands):
 
Fiscal Years Ended March 31,
 
2017
 
2016
 
2015
Net sales
$

 
$

 
$
104

Operating income (loss)

 

 
(265
)
KEMET's proportionate share of TOKIN's gain on the sale of the EMD business is calculated as follows:
 
Oku-Yen
$USD (in millions)*
Sales price
¥
495.8

$
443.4

Less:
 
 
Carrying amount of EMD net assets
77.1

69.0

Remove AOCI
5.2

4.6

Transaction related fees and taxes
6.8

6.1

Deferred tax asset
13.8

123.1

Gain on sale
392.9

240.6

KEMET's equity interest
34
%
34
%
KEMET's gain on sale (1)
¥
133.6

$
81.8

*Utilizing an exchange rate as of March 31, 2017 of 111.82 Japanese Yen to 1.00 U.S. Dollar.