Organization and Significant Accounting Policies (Tables)

12 Months Ended

Mar. 31, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Summary of components of accumulated other comprehensive income (loss)

The following summary sets forth the components of accumulated other comprehensive income (loss) contained in the stockholders' equity section of the Consolidated Balance Sheets (amounts in thousands):

	Foreign Currency Translation Gains (Losses)			Defined Benefit Post-retirement Plan Adjustments			Defined Benefit Pension Plans (3)			Ownership Share of Equity Method Investees’ Other Comprehensive Income (Loss)		Foreign Exchange Contracts		Net Accumulated Other Comprehensive Income (Loss)
Balance at March 31, 2013	$	13,538		$	1,818		$	(7,662	)	$	—	$	—	$	7,694
Other comprehensive income (loss) before reclassifications (1)	9,797			(94		)	(95		)	771		—		10,379
Amounts reclassified out of AOCI (1)	—			(260		)	371			—		—		111
Other comprehensive income (loss)	9,797			(354		)	276			771		—		10,490
Balance at March 31, 2014	23,335			1,464			(7,386		)	771		—		18,184
Other comprehensive income (loss) before reclassifications (2)	(35,467		)	(119		)	(13,404		)	766		1,003		(47,221		)
Amounts reclassified out of AOCI (2)	—			(186		)	427			—		—		241
Other comprehensive income (loss)	(35,467		)	(305		)	(12,977		)	766		1,003		(46,980		)
Balance at March 31, 2015	$	(12,132	)	$	1,159		$	(20,363	)	$	1,537	$	1,003	$	(28,796	)

_______________________________________________________________________________

(1) Activity within foreign currency translation gains and defined benefit pension plans are net of a tax expense of $1.9 million and a tax benefit of $0.1 million.

(2) Activity within foreign currency translation losses and defined benefit pension plans are net of a tax benefit of $0.3 million and $0.1 million, respectively.

(3) Balance is net of a tax benefit of $2.3 million, $2.2 million, and $2.1 million as of March 31, 2015, March 31, 2014, and March 31, 2013, respectively.

Schedule of assets measured at fair value on a recurring basis

Assets and liabilities are measured at fair value on a recurring basis as of March 31, 2015 and 2014 are as follows (amounts in thousands):

	Carrying Value March 31, 2015		Fair Value March 31, 2015		Fair Value Measurement Using
					Level 1		Level 2 (2)		Level 3
Assets and Liabilities:
Money markets (1)	$	738	$	738	$	738	$	—	$	—
Total debt	391,371		391,283		362,988		28,295		—
NEC TOKIN options, net (3)	5,700		5,700		—		—		5,700
	Carrying Value March 31, 2014		Fair Value March 31, 2014		Fair Value Measurement Using
					Level 1		Level 2 (2)		Level 3
Assets and Liabilities:
Money markets (1)	$	714	$	714	$	714	$	—	$	—
Total debt	398,589		409,284		371,863		37,421		—
NEC TOKIN options, net (3)	3,600		3,600		—		—		3,600

_______________________________________________________________________________

(1) Included in the line item "Cash and cash equivalents" on the Consolidated Balance Sheets.

(2) The valuation approach used to calculate fair value was a discounted cash flow for each respective debt facility.

(3) See Note 5, "Investment in NEC TOKIN," for a description of the NEC TOKIN options. The value of the options is interrelated and depends on the enterprise value of NEC TOKIN Corporation and its EBITDA over the duration of the instruments. Therefore, the options have been valued using option pricing methods in a Monte Carlo simulation.

Summary of NEC TOKIN option valuation activity using significant unobservable inputs (Level 3)

The table below summarizes NEC TOKIN options valuation activity using significant unobservable inputs (Level 3) (amounts in thousand):

March 31, 2014	$	3,600
Change in value of NEC TOKIN options	2,100
March 31, 2015	$	5,700