Discontinued Operations

6 Months Ended

Sep. 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 $5.8 million on the sale of the business (after income tax expense) partially offset by a loss from machinery operations of $0.3 million during the six month period ended September 30, 2014 resulting in net income from discontinued operations of $5.5 million.

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

	Quarters Ended September 30,				Six Month Periods Ended September 30,
	2015		2014		2015		2014
Net sales	$	—	$	—	$	—	$	104
Operating income (loss)	—		165		—		(266		)