Segments (Tables)

9 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

Schedule of Segments

Our corporate headquarters does not constitute a separate segment. We evaluate segment performance and allocate resources based on each reportable segment’s operating income. The Eliminations and Other segment information is included to reconcile segment data to the consolidated financial statements and includes assets and expenses primarily related to CapStar and corporate functions. No individual customer accounted for more than 10% of consolidated net revenues. Currently, we do not allocate interest expense, interest income or other income (expense) by segment.

Three months ended December 31, 2015

(in thousands)	Industrial Products		Coatings, Sealants and Adhesives		Specialty Chemicals		Subtotal – Reportable Segments		Eliminations and Other			Total
Revenues, net	$	28,498	$	24,301	$	18,075	$	70,874	$	44		$	70,918
Operating income		3,422		4,172		1,735		9,329		(3,706	)		5,623
Three months ended December 31, 2014
(in thousands)	Industrial Products		Coatings, Sealants and Adhesives		Specialty Chemicals		Subtotal – Reportable Segments		Eliminations and Other			Total
Revenues, net	$	24,904	$	12,256	$	23,610	$	60,770	$	101		$	60,871
Operating income		3,008		2,642		4,036		9,686		36			9,722
Nine months ended December 31, 2015
(in thousands)	Industrial Products		Coatings, Sealants and Adhesives		Specialty Chemicals		Subtotal – Reportable Segments		Eliminations and Other			Total
Revenues, net	$	104,660	$	80,721	$	58,009	$	243,390	$	182		$	243,572
Operating income		24,786		10,974		9,422		45,182		(4,492	)		40,690
Nine months ended December 31, 2014
(in thousands)	Industrial Products		Coatings, Sealants and Adhesives		Specialty Chemicals		Subtotal – Reportable Segments		Eliminations and Other			Total
Revenues, net	$	89,062	$	38,350	$	69,644	$	197,056	$	707		$	197,763
Operating income		14,466		9,028		12,082		35,576		38			35,614
Total assets as of:
(in thousands)	Industrial Products		Coatings, Sealants and Adhesives		Specialty Chemicals		Subtotal – Reportable Segments		Eliminations and Other			Total
December 31, 2015	$	153,453	$	137,022	$	97,725	$	388,200	$	20,369		$	408,569
March 31, 2015		152,187		38,604		77,937		268,728		17,793			286,521

Schedule of Sales and Long-Lived Assets by Geographic Area

Sales and long-lived assets by geographic area are as follows (in thousands, except percent data):

	Three Months Ended December 31,
	2015				2014
U.S.	$	58,699	82.8	%	$	44,343	72.8	%
Non-U.S.		12,219	17.2	%		16,528	27.2	%
Revenues, net	$	70,918	100.0	%	$	60,871	100.0	%

	Nine Months Ended December 31,
	2015				2014
U.S.	$	204,292	83.9	%	$	149,982	75.8	%
Non-U.S.		39,280	16.1	%		47,781	24.2	%
Revenues, net	$	243,572	100.0	%	$	197,763	100.0	%

	As of
	December 31, 2015				March 31, 2015
U.S.	$	221,861	94.4	%	$	134,117	90.3	%
Non-U.S.		13,235	5.6	%		14,457	9.7	%
Long-lived assets (a)	$	235,096	100.0	%	$	148,574	100.0	%

(a) Long-lived assets consists primarily of property, plant and equipment, intangible assets, goodwill and other assets, net of deferred tax assets.