Note 15 - Transactions With Affiliate

12 Months Ended

Mar. 31, 2018

Notes to Financial Statements

Related Party Transactions Disclosure [Text Block]

1

5

. Transactions With Affiliate:

Our business includes certain transactions with our majority shareholder, Kyocera, that are governed by agreements between the parties that define the sales terms, including pricing for the products. The nature and amounts of transactions with Kyocera are included in the table below.

	Fiscal Year Ended March 31,
	2016		2017		2018
Sales:
Product and equipment sales to affiliates	$	22,230	$	30,303	$	26,069
Purchases:
Purchases of resale inventories, raw materials, supplies, equipment, and services		233,637		303,793		256,660
Other:
Dividends paid		51,156		52,983		54,810

     Kyocera notified AVX pursuant to the Products Supply and Distribution Agreement in

December 2016

of its intent, effective

January 1, 2018,

to market its manufactured electronic and interconnect products globally using Kyocera’s sales force rather than continuing to have AVX resell such products in the Americas, Europe and Asia. Sales of Kyocera resale products by AVX were

$296,316

and related operating profit was

$18,177

for the fiscal year ended

March 31, 2018.

     AVX notified Kyocera pursuant to the Products Supply and Distribution Agreement in

February 2017

of its intent, effective

April 1, 2018,

to market its manufactured products in Japan using AVX’s sales force rather than continuing to have Kyocera resell such products in this territory. Sales of AVX resale products by Kyocera were

$21,892

 for the fiscal year ended

March 31, 2018.