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Investment in NEC TOKIN Equity Investment in NEC Tokin (Tables)
 3 Months Ended
Jun. 30, 2015
Schedule of Equity Method Investments [Line Items]  
Reconciliation between NEC TOKIN's net loss and KEMET's equity investment loss
A reconciliation between NEC TOKIN's net income (loss) and KEMET's equity investment income (loss) follows (amounts in thousands):
 
Quarters Ended June 30,
 
2015
 
2014
NEC TOKIN net income (loss)
$
5,255

 
$
(3,154
)
KEMET's economic interest %
34
%
 
34
%
Equity income (loss) from NEC TOKIN before adjustments
1,787

 
(1,072
)
 


 


Adjustments:


 


Amortization and depreciation
(136
)
 
(603
)
Inventory valuation
(66
)
 
—

Equity income (loss) from NEC TOKIN
$
1,585

 
$
(1,675
)
    
A reconciliation between NEC TOKIN's net assets and KEMET's investment in NEC TOKIN balance follows (amounts in thousands):
 
June 30,
2015
 
March 31,
2015
Investment in NEC TOKIN
$
45,668

 
$
45,016

Purchase price accounting basis adjustment:
 
 
 
Property, plant and equipment
3,293

 
3,334

Technology
(10,317
)
 
(10,889
)
Long-term debt
(2,440
)
 
(2,707
)
Goodwill
(6,932
)
 
(7,082
)
Indemnity asset for legal investigation
(8,500
)
 
(8,500
)
Inventory profit elimination
274

 
208

Other
(579
)
 
(39
)
KEMET's 34% economic interest of NEC TOKIN's net assets
$
20,467

 
$
19,341

Summarized financial information for NEC TOKIN follows (amounts in thousands):
 
June 30,
2015
 
March 31,
2015
Current assets
$
225,284

 
$
223,495

Non-current assets
266,048

 
273,785

Current liabilities
141,405

 
143,523

Non-current liabilities
289,731

 
296,873


 
Quarters Ended June 30,
 
2015
 
2014
Sales
$
114,734

 
$
122,408

Gross profit
24,668

 
26,678

Net income (loss)
5,255

 
(3,154
)