Segment and Geographic Information

3 Months Ended

Jun. 30, 2016

Segment Reporting [Abstract]

Segment and Geographic Information

Segment and Geographic Information

The Company is organized into two business groups: Solid Capacitors and Film and Electrolytic.  The business groups are responsible for their respective manufacturing sites as well as their respective research and development efforts. The Company does not allocate indirect Selling, general and administrative (“SG&A”) or shared Research and development (“R&D”) expenses to the business groups. 

Solid Capacitors

Operating in nine manufacturing sites in the United States, Mexico and China, Solid Capacitors primarily produces tantalum, aluminum polymer, and ceramic capacitors which are sold globally.  Solid Capacitors also produces tantalum powder used in the production of tantalum capacitors and has a product innovation center in the United States.

Film and Electrolytic

Operating in ten manufacturing sites throughout Europe, Asia, and the United States, Film and Electrolytic primarily produces film, paper, and electrolytic capacitors which are sold globally. Film and Electrolytic also manufactures etched foils utilized as a core component in the manufacture of electrolytic capacitors. In addition, this business group has product innovation centers in the United Kingdom, Italy, Germany and Sweden.

The following table reflects each business group’s net sales, operating income (loss), depreciation and amortization expenses and sales by region for the quarters endedJune 30, 2016 and 2015 (amounts in thousands):

	Quarters Ended June 30,
	2016			2015
Net sales:
Solid Capacitors	$	141,944		$	139,677
Film and Electrolytic	42,991			47,913
	$	184,935		$	187,590
Operating income (loss) (1):
Solid Capacitors	$	35,079		$	30,033
Film and Electrolytic	(1,467		)	712
Corporate	(24,714		)	(29,502		)
	$	8,898		$	1,243
Depreciation and amortization expense:
Solid Capacitors	$	5,418		$	5,756
Film and Electrolytic	2,715			2,942
Corporate	1,303			1,219
	$	9,436		$	9,917

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(1)Restructuring charges included in Operating income (loss) are as follows (amounts in thousands):

	Quarters Ended June 30,
	2016		2015
Restructuring charges:
Solid Capacitors	$	136	$	232
Film and Electrolytic	549		1,286
Corporate	3		306
	$	688	$	1,824

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	Quarters Ended June 30,
	2016		2015
Sales by region:
North and South America (“Americas”)	$	55,101	$	56,034
Europe, Middle East, Africa (“EMEA”)	60,486		61,557
Asia and Pacific Rim (“APAC”)	69,348		69,999
	$	184,935	$	187,590