Discontinued Operations

12 Months Ended

Mar. 31, 2014

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

Discontinued Operations

In December 2013 KEMET signed a letter of intent to sell the machinery division within Film and Electrolytic. At that time the division qualified as held for sale and was classified as a discontinued operation. All historical financial results contained in this Form 10-K have been revised due to the classification of the machinery division as a discontinued operation. On April 30, 2014, the transaction closed.

Net sales and net operating loss from the Company’s discontinued operation for years ended March 31, 2014, 2013 and 2012 were as follows (in thousands):

	Fiscal Years Ended March 31,
	2014			2013			2012
Net sales	$	11,489		$	19,051		$	60,781
Operating income (loss)	(3,730		)	(4,203		)	9,718