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Investment in NEC TOKIN (Tables)
 12 Months Ended
Mar. 31, 2015
Equity Method Investments and Joint Ventures [Abstract]  
Reconciliation between NEC TOKIN and KEMET's equity investment loss
A reconciliation between NEC TOKIN's net loss and KEMET's equity investment loss follows (in thousands):
 
Fiscal Year
Ended
March 31,
2015
Fiscal Year
Ended
March 31,
2014
Two Months
Ended
March 31,
2013
NEC TOKIN net income (loss)
$
(24,091
)
$
(42,937
)
$
(2,216
)
KEMET's equity ownership %
34
%
34
%
34
%
Equity income (loss) from NEC TOKIN before Adjustments
$
(8,191
)
$
(14,599
)
$
(753
)
 
 
 
 
Adjustments:
 
 
 
Amortization and depreciation
(2,270
)
(1,390
)
(247
)
Gain on sale of long-lived assets adjustment
—

(5,998
)
—

Loss on impairment of long-lived assets adjustment
—

14,643

—

Inventory valuation adjustment
—

254

(254
)
Indemnity asset
8,500

—

—

Inventory profit elimination
(208
)
—

—

Equity income (loss) from NEC TOKIN
$
(2,169
)
$
(7,090
)
$
(1,254
)
A reconciliation between NEC TOKIN's net assets and KEMET's equity investment balance follows (in thousands):
 
March 31, 2015
March 31, 2014
Investment in NEC TOKIN
$
45,016

$
46,419

Purchase price accounting basis adjustment:


Property, plant and equipment
3,334

7,325

Technology
(10,889
)
(16,261
)
Long-term debt
(2,707
)
(4,754
)
Goodwill
(7,082
)
(9,326
)
Indemnity asset for legal investigation
(8,500
)
—

Inventory profit elimination
208

—

Other
(39
)
(952
)
KEMET's 34% interest of NEC TOKIN's equity
$
19,341

$
22,451

Summarized financial information for NEC TOKIN follows (in thousands):
 
March 31,
2015
March 31,
2014
Current assets
$
223,495

$
245,709

Noncurrent assets
273,785

302,161

Current liabilities
143,523

120,929

Noncurrent liabilities
296,873

360,908


 
Fiscal Year March 31, 2015
Fiscal Year March 31, 2014
Two Months
Ended
March 31,
2013
Net sales
$
487,282

$
490,369

$
82,772

Gross profit
103,773

86,227

9,147

Net income (loss)
(24,091
)
(42,937
)
(2,216
)