XML 19 R54.htm IDEA: XBRL DOCUMENT v2.4.1.9
Debt - Revolving Line of Credit Narrative (Details)
12 Months Ended 0 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended 12 Months Ended
Mar. 31, 2015
USD ($)
Mar. 31, 2014
USD ($)
Mar. 31, 2013
USD ($)
Oct. 08, 2012
OEM
USD ($)
Sep. 27, 2013
Foreign Line of Credit [Member]
Mar. 31, 2015
Foreign Line of Credit [Member]
USD ($)
Mar. 31, 2014
Foreign Line of Credit [Member]
USD ($)
Sep. 30, 2010
Foreign Line of Credit [Member]
USD ($)
Mar. 31, 2015
Foreign Line of Credit [Member]
Base Rate
Mar. 31, 2014
Foreign Line of Credit [Member]
Base Rate
Mar. 31, 2015
Foreign Line of Credit [Member]
Minimum
LIBOR
Mar. 31, 2015
Foreign Line of Credit [Member]
Minimum
Base Rate
Mar. 31, 2015
Foreign Line of Credit [Member]
Maximum
LIBOR
Mar. 31, 2015
Foreign Line of Credit [Member]
Maximum
Base Rate
Sep. 30, 2010
Foreign Line of Credit [Member]
KEMET Singapore
Mar. 31, 2015
Domestic Line of Credit [Member]
USD ($)
Mar. 31, 2014
Domestic Line of Credit [Member]
USD ($)
Mar. 31, 2015
Domestic Line of Credit [Member]
Base Rate
Mar. 31, 2014
Domestic Line of Credit [Member]
Base Rate
Mar. 31, 2015
Domestic Line of Credit [Member]
Minimum
LIBOR
Mar. 31, 2015
Domestic Line of Credit [Member]
Minimum
Base Rate
Mar. 31, 2015
Domestic Line of Credit [Member]
Maximum
LIBOR
Mar. 31, 2015
Domestic Line of Credit [Member]
Maximum
Base Rate
Sep. 30, 2010
Domestic Line of Credit [Member]
KEC
USD ($)
Mar. 31, 2014
Letter of Credit Two
USD ($)
Mar. 31, 2014
Letter of Credit Two
EUR (€)
Mar. 31, 2014
Letter of Credit Three [Member]
USD ($)
Mar. 31, 2014
Letter of Credit Three [Member]
EUR (€)
Mar. 31, 2015
Letter of Credit One
USD ($)
Mar. 31, 2014
Letter of Credit One
USD ($)
Apr. 03, 2012
10.5% Senior Notes
USD ($)
Mar. 27, 2012
10.5% Senior Notes
USD ($)
May 05, 2010
10.5% Senior Notes
USD ($)
Mar. 31, 2015
10.5% Senior Notes
USD ($)
Mar. 31, 2014
10.5% Senior Notes
USD ($)
Mar. 31, 2015
Revolving Credit Facility [Member]
USD ($)
Mar. 31, 2014
Revolving Credit Facility [Member]
USD ($)
letters_of_credit
Sep. 30, 2010
Revolving Credit Facility [Member]
USD ($)
Mar. 31, 2015
Revolving Credit Facility [Member]
Greater than 33.3% and less than 66.6%
Mar. 31, 2015
Revolving Credit Facility [Member]
Greater than or equal to 66.6%
Mar. 31, 2015
Revolving Credit Facility [Member]
LIBOR
Mar. 31, 2015
Revolving Credit Facility [Member]
Maximum
Greater than 33.3% and less than 66.6%
Mar. 31, 2015
Revolving Credit Facility [Member]
Maximum
Greater than or equal to 66.6%
Mar. 31, 2015
Revolving Credit Facility [Member]
KEMET Singapore
Debt Instrument [Line Items]                                                                                        
Maximum borrowing capacity               $ 30,000,000.0us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ForeignLineOfCreditMember
                                                      $ 75,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
  $ 50,000,000.0us-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
           
Borrowing base component one, percentage of borrower's accounts receivable that satisfy certain eligibility criteria                             85.00%kem_DebtInstrumentBorrowingBaseCalculationComponentOnePercentageOfAccountsReceivableOfBorrowerSatisfyingEligibilityCriteria
/ dei_LegalEntityAxis
= kem_KEMETElectronicsMarketingSPteLtdMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ForeignLineOfCreditMember
                85.00%kem_DebtInstrumentBorrowingBaseCalculationComponentOnePercentageOfAccountsReceivableOfBorrowerSatisfyingEligibilityCriteria
/ dei_LegalEntityAxis
= kem_KEMETElectronicsCorporationMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_DomesticLineOfCreditMember
                                       
Borrowing base component two, fixed amount for determining second component for borrowing base                                               6,000,000kem_DebtInstrumentBorrowingBaseCalculationComponentTwoFixedAmountSatisfyingEligibilityCriteria
/ dei_LegalEntityAxis
= kem_KEMETElectronicsCorporationMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_DomesticLineOfCreditMember
                                       
Borrowing base component two, percentage of net book value of inventory of borrower that satisfies certain eligibility criteria                                               40.00%kem_DebtInstrumentBorrowingBaseCalculationComponentTwoPercentageOfNetBookValueOfInventoryOfBorrowerSatisfyingEligibilityCriteria
/ dei_LegalEntityAxis
= kem_KEMETElectronicsCorporationMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_DomesticLineOfCreditMember
                                       
Borrowing base component three, percentage of net orderly liquidation percentage of the appraised value of inventory that satisfies certain eligibility criteria                                               85.00%kem_DebtInstrumentBorrowingBaseCalculationPercentageofNetOrderlyLiquidationPercentageofAppraisedValueofInventorySatisfyingEligibilityCriteria
/ dei_LegalEntityAxis
= kem_KEMETElectronicsCorporationMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_DomesticLineOfCreditMember
                                       
Borrowing base component three, fixed amount for determining second component for borrowing base                                               5,100,000kem_DebtInstrumentBorrowingBaseCalculationComponentThreeFixedAmountSatisfyingEligibilityCriteria
/ dei_LegalEntityAxis
= kem_KEMETElectronicsCorporationMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_DomesticLineOfCreditMember
                                       
Borrowing base component three, percentage of net orderly liquidation percentage of the appraised value of equipment that satisfies certain eligibility criteria                                               80.00%kem_DebtInstrumentBorrowingBaseCalculationPercentageOfNetOrderlyLiquidationPercentageOfAppraisedValueOfEquipmentSatisfyingEligibilityCriteria
/ dei_LegalEntityAxis
= kem_KEMETElectronicsCorporationMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_DomesticLineOfCreditMember
                                       
Borrowing base component three, order liquidation reduction percentage                                               0.05%kem_DebtInstrumentBorrowingBaseCalculationOrderlyLiquidationReductionPercentage
/ dei_LegalEntityAxis
= kem_KEMETElectronicsCorporationMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_DomesticLineOfCreditMember
                                       
Spread on variable rate basis (as a percent)                 2.75%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ForeignLineOfCreditMember
/ us-gaap_VariableRateAxis
= us-gaap_BaseRateMember
3.75%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ForeignLineOfCreditMember
/ us-gaap_VariableRateAxis
= us-gaap_BaseRateMember
2.25%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ForeignLineOfCreditMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember
1.25%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ForeignLineOfCreditMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_VariableRateAxis
= us-gaap_BaseRateMember
2.75%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ForeignLineOfCreditMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember
1.75%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ForeignLineOfCreditMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_VariableRateAxis
= us-gaap_BaseRateMember
      1.50%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_DomesticLineOfCreditMember
/ us-gaap_VariableRateAxis
= us-gaap_BaseRateMember
2.50%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_DomesticLineOfCreditMember
/ us-gaap_VariableRateAxis
= us-gaap_BaseRateMember
2.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_DomesticLineOfCreditMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember
1.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_DomesticLineOfCreditMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_VariableRateAxis
= us-gaap_BaseRateMember
2.50%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_DomesticLineOfCreditMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember
1.50%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_DomesticLineOfCreditMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_VariableRateAxis
= us-gaap_BaseRateMember
                                  1.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember
     
Unused line fee (as a percent)                                                                             0.50%us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
/ kem_RevolvingCommitmentPercentageByRangeOfAverageDailyBalanceAxis
= kem_AverageDailyBalanceBetween33.3PercentAnd66.6PercentOfRevolvingCommitmentMember
0.375%us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
/ kem_RevolvingCommitmentPercentageByRangeOfAverageDailyBalanceAxis
= kem_AverageDailyBalanceGreaterThanOrEqualTo66.6PercentOfRevolvingCommitmentMember
       
Average daily balance as percentage of total revolving commitment                                                                                   50.00%kem_LineOfCreditFacilityUnusedCapacityAverageDailyBalanceAsPercentageOfRevolvingCommitment
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ kem_RevolvingCommitmentPercentageByRangeOfAverageDailyBalanceAxis
= kem_AverageDailyBalanceBetween33.3PercentAnd66.6PercentOfRevolvingCommitmentMember
50.00%kem_LineOfCreditFacilityUnusedCapacityAverageDailyBalanceAsPercentageOfRevolvingCommitment
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ kem_RevolvingCommitmentPercentageByRangeOfAverageDailyBalanceAxis
= kem_AverageDailyBalanceGreaterThanOrEqualTo66.6PercentOfRevolvingCommitmentMember
 
Stated interest rate (as a percent)                 3.13%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ForeignLineOfCreditMember
/ us-gaap_VariableRateAxis
= us-gaap_BaseRateMember
0.00%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ForeignLineOfCreditMember
/ us-gaap_VariableRateAxis
= us-gaap_BaseRateMember
              4.75%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_DomesticLineOfCreditMember
/ us-gaap_VariableRateAxis
= us-gaap_BaseRateMember
5.75%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_DomesticLineOfCreditMember
/ us-gaap_VariableRateAxis
= us-gaap_BaseRateMember
                          10.50%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
10.50%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
10.50%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
                 
Cash Dominion Trigger Event, Number of days Considered                               5 days                                       5 days                
Cash Dominion Trigger Event, Availability under credit facility (as a percent)                                                                       12.50%kem_DebtInstrumentCashDominionTriggerEventPercentageOfRevolvingCreditAvailable
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
               
Cash Dominion Trigger Event, Availability under credit facility                               3,750,000kem_DebtInstrumentCashDominionTriggerEventRevolvingCreditAvailable
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_DomesticLineOfCreditMember
                                      7,500,000kem_DebtInstrumentCashDominionTriggerEventRevolvingCreditAvailable
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
               
Percentage of assets pledged as collateral                                                                                       100.00%kem_DebtInstrumentCollateralPercentage
/ dei_LegalEntityAxis
= kem_KEMETElectronicsMarketingSPteLtdMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
Fixed charge coverage ratio                                                                       1.0kem_DebtInstrumentCovenantFixedChargeCoverageRatio
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
               
Consecutive period of non occurrence of any condition to maintain fixed charge coverage ratio                                                                       45 days                
Required aggregate revolver commitments to maintain fixed charge coverage ratio (as a percent)                                                                       12.50%kem_DebtInstrumentCovenantFixedChargeCoverageRatioPercentageOfRevolvingCreditAvailable
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
               
Required aggregate revolver commitments to maintain fixed charge coverage ratio                               3,750,000kem_DebtInstrumentCovenantFixedChargeCoverageRatioRevolvingCreditAvailable
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_DomesticLineOfCreditMember
                                      7,500,000kem_DebtInstrumentCovenantFixedChargeCoverageRatioRevolvingCreditAvailable
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
               
Debt issuance cost, net of amortization                                                                   4,100,000us-gaap_UnamortizedDebtIssuanceExpense
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
5,400,000us-gaap_UnamortizedDebtIssuanceExpense
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
300,000us-gaap_UnamortizedDebtIssuanceExpense
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
200,000us-gaap_UnamortizedDebtIssuanceExpense
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
             
Proceeds from Issuance of Debt                                                         33,400,000us-gaap_ProceedsFromIssuanceOfDebt
/ us-gaap_LongtermDebtTypeAxis
= kem_LetterOfCreditOneMember
18,400,000us-gaap_ProceedsFromIssuanceOfDebt
/ us-gaap_LongtermDebtTypeAxis
= kem_LetterOfCreditOneMember
15,000,000us-gaap_ProceedsFromIssuanceOfDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
110,000,000us-gaap_ProceedsFromIssuanceOfDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
230,000,000us-gaap_ProceedsFromIssuanceOfDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
                     
Line of Credit Facility, Fair Value of Amount Outstanding           12,000,000us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ForeignLineOfCreditMember
12,000,000us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ForeignLineOfCreditMember
                21,500,000us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_DomesticLineOfCreditMember
6,400,000us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_DomesticLineOfCreditMember
                                                     
Effective interest rate (as a percent)                                                                   10.30%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
                   
Debt instrument term         90 days                                                                              
Document Period End Date Mar. 31, 2015                                                                                      
Repayments of line of credit 27,342,000us-gaap_RepaymentsOfLinesOfCredit 2,551,000us-gaap_RepaymentsOfLinesOfCredit 0us-gaap_RepaymentsOfLinesOfCredit                                                   27,300,000us-gaap_RepaymentsOfLinesOfCredit
/ us-gaap_LongtermDebtTypeAxis
= kem_LetterOfCreditOneMember
                             
Credit facility, remaining borrowing capacity                                                         13,400,000us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
/ us-gaap_LongtermDebtTypeAxis
= kem_LetterOfCreditOneMember
                15,000,000us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
           
Amount of irrevocable standby letter of credit delivered       $ 16,000,000us-gaap_LettersOfCreditOutstandingAmount
/ us-gaap_MajorCustomersAxis
= kem_OriginalEquipmentManufacturerMember
                                        $ 1,200,000us-gaap_LettersOfCreditOutstandingAmount
/ us-gaap_LongtermDebtTypeAxis
= kem_LetterOfCreditTwoMember
€ 1,100,000us-gaap_LettersOfCreditOutstandingAmount
/ us-gaap_LongtermDebtTypeAxis
= kem_LetterOfCreditTwoMember
$ 700,000us-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