Discontinued Operations

3 Months Ended

Jun. 30, 2015

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

Discontinued Operations

The Film and Electrolytic business group ("Film and Electrolytic”) completed the sale of its machinery division in April 2014, which resulted in a gain of $7.4 million on the sale of the business (after income tax expense) offset by a loss from machinery operations of $0.4 million during the three month period ended June 30, 2014 resulting in net income from discontinued operations of $6.9 million.

Net sales and operating income (loss) from the Company’s discontinued operation for the quarters endedJune 30, 2015 and 2014 were (amounts in thousands):

	Quarters Ended June 30,
	2015		2014
Net sales	$	—	$	104
Operating income (loss)	—		(431		)