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Investment in NEC TOKIN Equity Investment in NEC Tokin (Tables)
 9 Months Ended
Dec. 31, 2015
Schedule of Equity Method Investments [Line Items]  
Reconciliation between NEC TOKIN's net loss and KEMET's equity investment loss
Summarized financial information for NEC TOKIN follows (amounts in thousands):
 
December 31,
2015
 
March 31,
2015
Current assets
$
227,489

 
$
223,495

Non-current assets
255,509

 
273,785

Current liabilities
153,103

 
143,523

Non-current liabilities
296,759

 
296,873


 
Quarters Ended December 31,
 
Nine Month Periods Ended December 31,
 
2015
 
2014
 
2015
 
2014
Sales
$
111,594

 
$
119,841

 
$
343,686

 
$
371,926

Gross profit
24,610

 
26,162

 
74,333

 
79,227

Net income (loss) (1)
(17,867
)
 
5,628

 
(10,606
)
 
4,928

Summarized financial information for NEC TOKIN follows (amounts in thousands):
 
December 31,
2015
 
March 31,
2015
Current assets
$
227,489

 
$
223,495

Non-current assets
255,509

 
273,785

Current liabilities
153,103

 
143,523

Non-current liabilities
296,759

 
296,873


 
Quarters Ended December 31,
 
Nine Month Periods Ended December 31,
 
2015
 
2014
 
2015
 
2014
Sales
$
111,594

 
$
119,841

 
$
343,686

 
$
371,926

Gross profit
24,610

 
26,162

 
74,333

 
79,227

Net income (loss) (1)
(17,867
)
 
5,628

 
(10,606
)
 
4,928



______________________________________________________________________________
(1) The significant changes between the periods were due to the additional accrual of anti-trust litigation loss recorded during the quarter ended December 31, 2015 see discussion below.


A reconciliation between NEC TOKIN's net income (loss) and KEC's equity investment income (loss) follows (amounts in thousands):
 
Quarters Ended December 31,
 
Nine Month Periods Ended December 31,
 
2015
 
2014
 
2015
 
2014
NEC TOKIN net income (loss)
$
(17,867
)
 
$
5,628

 
(10,606
)
 
4,928

KEC's economic interest %
34
%
 
34
%
 
34
%
 
34
%
Equity income (loss) from NEC TOKIN before adjustments
(6,075
)
 
1,914

 
(3,606
)
 
1,676

 


 


 
 
 
 
Adjustments:


 


 
 
 
 
Amortization and depreciation
(494
)
 
(547
)
 
(1,118
)
 
(1,752
)
Inventory profit elimination
64

 
—

 
(34
)
 
—

Equity income (loss) from NEC TOKIN
$
(6,505
)
 
$
1,367

 
$
(4,758
)
 
$
(76
)
    
A reconciliation between NEC TOKIN's net assets and KEC's investment in NEC TOKIN balance follows (amounts in thousands):
 
December 31,
2015
 
March 31,
2015
Investment in NEC TOKIN
$
35,795

 
$
45,016

Purchase price accounting basis adjustments:
 
 
 
Property, plant and equipment (1)
3,210

 
3,334

Technology (1)
(9,802
)
 
(10,889
)
Long-term debt (1)
(2,056
)
 
(2,707
)
Goodwill
(7,050
)
 
(7,082
)
Indemnity asset for legal investigation
(8,500
)
 
(8,500
)
Inventory profit elimination (2)
242

 
208

Other
(572
)
 
(39
)
KEC's 34% economic interest in NEC TOKIN's net assets
$
11,267

 
$
19,341
Related Party Transactions Disclosure [Text Block]
Summarized transactions between KEC and NEC TOKIN are as follows (amounts in thousands):
 
Quarters Ended December 31,
 
Nine Month Periods Ended December 31,
 
2015
 
2014
 
2015
 
2014
KEC's sales to NEC TOKIN
$
5,020

 
$
3,736

 
$
14,350

 
$
9,624

NEC TOKIN's sales to KEMET
1,157

 
1,077

 
4,747

 
2,194


 
December 31,
2015
 
March 31,
2015
Accounts receivable
$
3,591

 
$
3,344

Accounts payable
408

 
765

Management service agreement receivable (1)
609

 
572


(1) In accordance with the Stockholders’ Agreement, KEC entered into a management services agreement with NEC TOKIN to provide services for which KEC is being reimbursed.