Supplemental Balance Sheets and Statements of Operations Detail



	March 31,
(amounts in thousands)	2017			2016
Accounts receivable:
Trade	$	112,940		$	116,146
Allowance for doubtful accounts reserve	(942		)	(1,002		)
Ship-from-stock and debit reserve	(15,489		)	(17,362		)
Returns reserves	(2,913		)	(3,324		)
Rebates reserves	(564		)	(872		)
Price protection reserves	(506		)	(418		)
Accounts receivable, net	$	92,526		$	93,168

The Company has agreements with distributors and certain other customers that, under certain conditions, allow for returns of overstocked inventory, provide protection against price reductions initiated by the Company and grant other sales allowances. Allowances for these commitments are included in the Consolidated Balance Sheets as reductions in trade accounts receivable. The Company adjusts sales based on historical experience.

The following table presents the annual activities included in the allowance for these commitments (amounts in thousands):



Balance at March 31, 2014	$	24,660
Cost charged to expense	91,091
Actual adjustments applied	(90,909		)
Other	(195		)
Balance at March 31, 2015	24,647
Cost charged to expense	95,212
Actual adjustments applied	(96,932		)
Other	51
Balance at March 31, 2016	22,978
Cost charged to expense	87,317
Actual adjustments applied	(89,762		)
Other	(119		)
Balance at March 31, 2017	$	20,414



	March 31,
(amounts in thousands)	2017			2016
Inventories:
Raw materials and supplies	$	65,750		$	80,289
Work in process	47,408			46,631
Finished goods	50,738			58,060
Inventory gross	163,896			184,980
Inventory reserves	(15,941		)	(16,101		)
Inventory, net	$	147,955		$	168,879

The following table presents the annual activities included in the inventory reserves (amounts in thousands):



Balance at March 31, 2014	$	26,826
Costs charged to expense	9,291
Write-offs	(17,520		)
Other	(1,098		)
Balance at March 31, 2015	17,499
Costs charged to expense	5,696
Write-offs	(7,326		)
Other	232
Balance at March 31, 2016	16,101
Costs charged to expense	6,163
Write-offs	(6,125		)
Other	(198		)
Balance at March 31, 2017	$	15,941



	Useful life (years)	March 31,
(amounts in thousands, except years)	Useful life (years)	2017			2016
Property, plant and equipment:
Land and land improvements	20	$	21,642		$	22,380
Buildings	20 - 40	140,895			148,805
Machinery and equipment	10	783,288			793,250
Furniture and fixtures	4 - 10	68,706			69,442
Construction in progress		14,653			21,197
Other		1,403			2,103
Total property and equipment		1,030,587			1,057,177
Accumulated depreciation		(821,276		)	(815,338		)
Property, plant and equipment, net		$	209,311		$	241,839



	March 31,
(amounts in thousands)	2017		2016
Accrued expenses:
Salaries, wages, and related employee costs	$	29,589	$	20,708
Interest	15,603		15,683
Restructuring	984		946
Vacation	7,524		7,892
Other	4,052		5,091
Total accrued expenses	$	57,752	$	50,320



	March 31,
(amounts in thousands)	2017		2016
Other non-current obligations:
Pension plans	$	34,674	$	35,156
Employee separation liability	8,685		9,352
Deferred compensation	1,774		1,544
Long-term obligation on land purchase	898		1,349
Restructuring	15		30
TOKIN option valuation	9,900		20,600
Long-term service contracts	339		2,343
Other	3,846		4,518
Total other non-current obligations	$	60,131	$	74,892



	Fiscal Years Ended March 31,
(amounts in thousands)	2017			2016			2015
Non-operating (income) expense, net:
Net foreign exchange (gains) losses	$	(3,758	)	$	(3,036	)	$	(4,249	)
Insurance proceeds	(423		)	—			—
Gain on early extinguishment of debt	—			—			(1,003		)
Offering memorandum fees	—			—			1,142
Other	(946		)	688			28
Total non-operating (income) expense, net	$	(5,127	)	$	(2,348	)	$	(4,082	)