XML 41 R35.htm IDEA: XBRL DOCUMENT v2.4.1.9
Debt (Details)
3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended
Dec. 31, 2014
USD ($)
Dec. 31, 2013
USD ($)
Dec. 31, 2014
USD ($)
Dec. 31, 2013
USD ($)
Mar. 31, 2014
USD ($)
Dec. 31, 2014
Minimum
Dec. 31, 2014
Maximum
Dec. 31, 2014
10.5% Senior Notes, net of premium of $2,634 and $3,144 as of December 31, 2014 and March 31, 2014, respectively
USD ($)
Mar. 31, 2014
10.5% Senior Notes, net of premium of $2,634 and $3,144 as of December 31, 2014 and March 31, 2014, respectively
USD ($)
Dec. 31, 2014
Advanced payment from OEM, net of discount of $323 as of March 31, 2014
USD ($)
Mar. 31, 2014
Advanced payment from OEM, net of discount of $323 as of March 31, 2014
USD ($)
Oct. 08, 2012
Advanced payment from OEM, net of discount of $323 as of March 31, 2014
USD ($)
Aug. 28, 2012
Advanced payment from OEM, net of discount of $323 as of March 31, 2014
USD ($)
Dec. 31, 2014
Advanced payment from OEM, net of discount of $323 as of March 31, 2014
Maximum
USD ($)
Mar. 31, 2014
Revolving Line of Credit
USD ($)
letters_of_credit
Dec. 31, 2014
Revolving Line of Credit
USD ($)
Sep. 30, 2014
Revolving Line of Credit
USD ($)
Dec. 31, 2014
Domestic Line of Credit [Member]
Dec. 31, 2014
Domestic Line of Credit [Member]
Minimum
Dec. 31, 2014
Domestic Line of Credit [Member]
Minimum
LIBOR
Dec. 31, 2014
Domestic Line of Credit [Member]
Maximum
Dec. 31, 2014
Domestic Line of Credit [Member]
Maximum
LIBOR
Dec. 31, 2014
Letters of Credit One
USD ($)
Dec. 31, 2014
Letters of Credit One
USD ($)
Mar. 31, 2014
Letters of Credit Two
USD ($)
Mar. 31, 2014
Letters of Credit Two
EUR (€)
Mar. 31, 2014
Letter of Credit Three
USD ($)
Mar. 31, 2014
Letter of Credit Three
EUR (€)
Dec. 31, 2014
Foreign Line of Credit [Member]
USD ($)
Dec. 31, 2014
Foreign Line of Credit [Member]
LIBOR
Dec. 31, 2014
Foreign Line of Credit [Member]
Minimum
Dec. 31, 2014
Foreign Line of Credit [Member]
Minimum
LIBOR
Dec. 31, 2014
Foreign Line of Credit [Member]
Maximum
Dec. 31, 2014
Foreign Line of Credit [Member]
Maximum
LIBOR
Dec. 31, 2014
Other
USD ($)
Mar. 31, 2014
Other
USD ($)
Dec. 31, 2014
US Facility [Member]
USD ($)
Dec. 31, 2014
Singapore Facility [Member]
USD ($)
Debt                                                                            
Document Period End Date     Dec. 31, 2014                                                                      
Long-term debt outstanding               $ 355,000,000us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
$ 355,000,000us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
                                                         
Revolving line of credit                             18,449,000us-gaap_LineOfCredit
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
46,448,000us-gaap_LineOfCredit
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
                                           
Line of Credit Facility, Fair Value of Amount Outstanding                                                         17,000,000us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ForeignLineOfCreditMember
              29,400,000us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding
/ us-gaap_LongtermDebtTypeAxis
= kem_USFacilityMember
12,000,000us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding
/ us-gaap_LongtermDebtTypeAxis
= kem_SingaporeFacilityMember
Total debt 404,603,000us-gaap_LongTermDebt   404,603,000us-gaap_LongTermDebt   398,589,000us-gaap_LongTermDebt     357,634,000us-gaap_LongTermDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
358,144,000us-gaap_LongTermDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
0us-gaap_LongTermDebt
/ us-gaap_LongtermDebtTypeAxis
= kem_AdvancedPaymentFromOriginalEquipmentManufacturerMember
/ us-gaap_MajorCustomersAxis
= kem_OriginalEquipmentManufacturerMember
20,095,000us-gaap_LongTermDebt
/ us-gaap_LongtermDebtTypeAxis
= kem_AdvancedPaymentFromOriginalEquipmentManufacturerMember
/ us-gaap_MajorCustomersAxis
= kem_OriginalEquipmentManufacturerMember
                                              521,000us-gaap_LongTermDebt
/ us-gaap_LongtermDebtTypeAxis
= kem_OtherDebtMember
1,901,000us-gaap_LongTermDebt
/ us-gaap_LongtermDebtTypeAxis
= kem_OtherDebtMember
   
Current maturities (12,521,000)us-gaap_LongTermDebtCurrent   (12,521,000)us-gaap_LongTermDebtCurrent   (7,297,000)us-gaap_LongTermDebtCurrent                                                                  
Total long-term debt 392,082,000us-gaap_LongTermDebtNoncurrent   392,082,000us-gaap_LongTermDebtNoncurrent   391,292,000us-gaap_LongTermDebtNoncurrent                                                                  
Interest expense                                                                            
Contractual interest expense 9,566,000us-gaap_InterestExpenseDebtExcludingAmortization 9,491,000us-gaap_InterestExpenseDebtExcludingAmortization 28,975,000us-gaap_InterestExpenseDebtExcludingAmortization 27,474,000us-gaap_InterestExpenseDebtExcludingAmortization                                                                    
Amortization of debt issuance costs 267,000us-gaap_AmortizationOfFinancingCosts 426,000us-gaap_AmortizationOfFinancingCosts 1,132,000us-gaap_AmortizationOfFinancingCosts 1,278,000us-gaap_AmortizationOfFinancingCosts                                                                    
Amortization of debt (premium) discount (108,000)us-gaap_AmortizationOfDebtDiscountPremium 14,000us-gaap_AmortizationOfDebtDiscountPremium (234,000)us-gaap_AmortizationOfDebtDiscountPremium 118,000us-gaap_AmortizationOfDebtDiscountPremium                                                                    
Amortization of Acquisition Costs 163,000us-gaap_AmortizationOfAcquisitionCosts 418,000us-gaap_AmortizationOfAcquisitionCosts 672,000us-gaap_AmortizationOfAcquisitionCosts 1,421,000us-gaap_AmortizationOfAcquisitionCosts                                                                    
Interest expense on capital lease 50,000us-gaap_InterestExpenseLesseeAssetsUnderCapitalLease 0us-gaap_InterestExpenseLesseeAssetsUnderCapitalLease 136,000us-gaap_InterestExpenseLesseeAssetsUnderCapitalLease 0us-gaap_InterestExpenseLesseeAssetsUnderCapitalLease                                                                    
Total interest expense 9,938,000us-gaap_InterestExpense 10,349,000us-gaap_InterestExpense 30,681,000us-gaap_InterestExpense 30,291,000us-gaap_InterestExpense                                                                    
Maximum borrowing capacity                               75,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
50,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
                                         
Line of Credit Facility, Current Borrowing Capacity                               60,000,000us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
                                           
Line of Credit Facility, Additional Borrowing Capacity                               15,000,000kem_LineofCreditFacilityAdditionalBorrowingCapacity
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
                                           
Line of Credit Facility, Interest Rate Description                                     .01 .02 .015 .025                 .0125 .0225 .0175 .0275        
Line of Credit Facility, Covenant Terms           .125 7500000                     3750000                                        
Debt Instrument, Basis Spread on Variable Rate                                   2.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_DomesticLineOfCreditMember
                      3.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ForeignLineOfCreditMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember
               
Stated interest rate (as a percent)               10.50%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
10.50%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
                5.00%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_DomesticLineOfCreditMember
                      3.00%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ForeignLineOfCreditMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember
               
Amount borrowed                                               42,300,000us-gaap_ProceedsFromIssuanceOfDebt
/ us-gaap_LongtermDebtTypeAxis
= kem_LetterOfCreditOneMember
                           
Repayments of lines of credit     14,342,000us-gaap_RepaymentsOfLinesOfCredit 0us-gaap_RepaymentsOfLinesOfCredit                                     7,500,000us-gaap_RepaymentsOfLinesOfCredit
/ us-gaap_LongtermDebtTypeAxis
= kem_LetterOfCreditOneMember
14,300,000us-gaap_RepaymentsOfLinesOfCredit
/ us-gaap_LongtermDebtTypeAxis
= kem_LetterOfCreditOneMember
                           
Remaining borrowing capacity                                             3,300,000us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
/ us-gaap_LongtermDebtTypeAxis
= kem_LetterOfCreditOneMember
3,300,000us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
/ us-gaap_LongtermDebtTypeAxis
= kem_LetterOfCreditOneMember
                           
Amount of irrevocable standby letter of credit delivered                       16,000,000us-gaap_LettersOfCreditOutstandingAmount
/ us-gaap_LongtermDebtTypeAxis
= kem_AdvancedPaymentFromOriginalEquipmentManufacturerMember
/ us-gaap_MajorCustomersAxis
= kem_OriginalEquipmentManufacturerMember
                    16,000,000us-gaap_LettersOfCreditOutstandingAmount
/ us-gaap_LongtermDebtTypeAxis
= kem_LetterOfCreditOneMember
16,000,000us-gaap_LettersOfCreditOutstandingAmount
/ us-gaap_LongtermDebtTypeAxis
= kem_LetterOfCreditOneMember
1,300,000us-gaap_LettersOfCreditOutstandingAmount
/ us-gaap_LongtermDebtTypeAxis
= kem_LetterOfCreditTwoMember
1,100,000us-gaap_LettersOfCreditOutstandingAmount
/ us-gaap_LongtermDebtTypeAxis
= kem_LetterOfCreditTwoMember
800,000us-gaap_LettersOfCreditOutstandingAmount
/ us-gaap_LongtermDebtTypeAxis
= kem_LetterofCreditThreeMember
700,000us-gaap_LettersOfCreditOutstandingAmount
/ us-gaap_LongtermDebtTypeAxis
= kem_LetterofCreditThreeMember
                   
Number of letters of credit                             2kem_NumberOfLettersOfCredit
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
                                             
Amount agreed to be advanced                         24,000,000kem_AmountAgreedToBeAdvanced
/ us-gaap_LongtermDebtTypeAxis
= kem_AdvancedPaymentFromOriginalEquipmentManufacturerMember
/ us-gaap_MajorCustomersAxis
= kem_OriginalEquipmentManufacturerMember
                                                 
Monthly repayment of advanced amount, price ratio below threshold                           1,000,000.0kem_MonthlyAmountOfPaymentBelowThreshold
/ us-gaap_LongtermDebtTypeAxis
= kem_AdvancedPaymentFromOriginalEquipmentManufacturerMember
/ us-gaap_MajorCustomersAxis
= kem_OriginalEquipmentManufacturerMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
                                               
Interest payable               6,200,000us-gaap_InterestPayableCurrent
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
15,500,000us-gaap_InterestPayableCurrent
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
                                                         
Debt instrument, unamortized premium               2,807,000us-gaap_DebtInstrumentUnamortizedPremium
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
3,144,000us-gaap_DebtInstrumentUnamortizedPremium
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
                                                         
Debt instrument, unamortized discount                   $ 111,000us-gaap_DebtInstrumentUnamortizedDiscount
/ us-gaap_LongtermDebtTypeAxis
= kem_AdvancedPaymentFromOriginalEquipmentManufacturerMember
/ us-gaap_MajorCustomersAxis
= kem_OriginalEquipmentManufacturerMember
$ 323,000us-gaap_DebtInstrumentUnamortizedDiscount
/ us-gaap_LongtermDebtTypeAxis
= kem_AdvancedPaymentFromOriginalEquipmentManufacturerMember
/ us-gaap_MajorCustomersAxis
= kem_OriginalEquipmentManufacturerMember