XML 48 R37.htm IDEA: XBRL DOCUMENT v3.8.0.1
Acquisitions (Details)
$ / shares in Units, shares in Thousands, $ in Thousands, ¥ in Billions
1 Months Ended 3 Months Ended 9 Months Ended
Apr. 19, 2017
USD ($)
Rate
Apr. 19, 2017
JPY (¥)
Apr. 19, 2017
USD ($)
Rate
Dec. 31, 2017
USD ($)
manufacturing_site
$ / shares
Rate
shares
Dec. 31, 2016
USD ($)
$ / shares
shares
Dec. 31, 2017
USD ($)
manufacturing_site
$ / shares
Rate
shares
Dec. 31, 2016
USD ($)
$ / shares
shares
Dec. 31, 2017
JPY (¥)
manufacturing_site
Rate
Apr. 19, 2017
JPY (¥)
Rate
Apr. 14, 2017
USD ($)
Apr. 14, 2017
JPY (¥)
Mar. 31, 2017
USD ($)
Rate
Business Acquisition [Line Items]                        
Foreign Currency Exchange Rate, Translation | Rate 10900.70%   10900.70% 11250.20%   11250.20%   11250.20% 10900.70%     11182.30%
Fair Value of Assets Acquired $ (422,933)                      
Pro forma revenues       $ 306,408 $ 263,260 $ 899,353 $ 785,388          
Pro forma net income (loss) from continuing operations available to common stockholders       $ 19,009 $ (4,484) $ 44,741 $ 243,746          
Pro forma earnings per common share - basic | $ / shares       $ 0.33 $ (0.10) $ 0.87 $ 5.25          
Pro forma earnings per common share - diluted | $ / shares       $ 0.32 $ (0.10) $ 0.77 $ 4.51          
Pro forma common shares - basic | shares       56,778 46,606 51,340 46,469          
Pro forma common shares - diluted | shares       58,937 55,296 58,431 46,469          
Equity income (loss) from equity method investments     $ 75,417 $ 238 $ (133) $ 75,879 $ 271          
Business Combination, Bargain Purchase, Gain Recognized, Amount       (310) 0 (137,183) $ 0          
Business Acquisition Cost of Acquired Entity Working Capital Adjustment       0   0   ¥ 0.3        
Goodwill, Purchase Accounting Adjustments       4,600                
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Equity Interests       1,700                
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles       (300)                
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Deferred Income Tax Liability       6,900                
TOKIN [Member]                        
Business Acquisition [Line Items]                        
Cash 315,743   315,743                  
Accounts Receivable 79,295   79,295                  
Inventory 35,310   35,310                  
Other current assets 20,902   20,902                  
Property, Plant and equipment (1) 154,961   154,961                  
Intangible assets 33,025   33,025                  
Equity method investments (1) 11,128   11,128                  
Other assets 8,617   8,617                  
Current portion of long term debt (3,225)   (3,225)                  
Accounts payable (81,642)   (81,642)                  
Accrued expenses (46,276)   (46,276)                  
Other non-current obligations (103,486)   (103,486)                  
Deferred income taxes (1) (1,419)   (1,419)                  
Total net assets acquired $ 422,933   $ 422,933                  
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life 10 years 10 years                    
Business Acquisition, Transaction Costs       $ 800   800            
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain (Loss), Net         68,500 $ 70,600            
Business Combination, Bargain Purchase, Gain Recognized, Amount $ (66,623)       $ (64,600)              
KEC [Member] | TOKIN [Member]                        
Business Acquisition [Line Items]                        
Equity Method Investment, Ownership Percentage 100.00%   100.00%           100.00%      
Business Acquisition, Percentage of Voting Interests Acquired 66.00%   66.00%           66.00%      
Payments to Acquire Businesses, Gross $ 148,600 ¥ 16.2                    
TOKIN [Member]                        
Business Acquisition [Line Items]                        
Number of Manufacturing Sites | manufacturing_site       6   6   6        
Disposal Group, Including Discontinued Operation, Consideration                 ¥ 10.2 $ 431,000 ¥ 48.2  
Business Combination, Consideration Transferred 150,358                      
TOKIN [Member] | Cash Distribution [Member]                        
Business Acquisition [Line Items]                        
Payments to Acquire Businesses, Gross 148,614                      
TOKIN [Member] | Acquisition-related Costs [Member]                        
Business Acquisition [Line Items]                        
Business Combination, Contingent Consideration, Liability 3,144   $ 3,144                  
TOKIN [Member] | Other Assets [Member]                        
Business Acquisition [Line Items]                        
Indemnity asset 8,500   8,500                  
TOKIN [Member] | Put Option [Member]                        
Business Acquisition [Line Items]                        
Less: Put option (9,900)   (9,900)                  
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs (9,900)   (9,900)                  
Fair Value, Measurements, Recurring [Member]                        
Business Acquisition [Line Items]                        
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs       $ 0   $ 0           $ (9,900)
NEC TOKIN Corporation [Member]                        
Business Acquisition [Line Items]                        
Equity Method Investment, Ownership Percentage       34.00% 34.00% 34.00% 34.00% 34.00%        
Equity income (loss) from equity method investments             $ 271          
TOKIN [Member]                        
Business Acquisition [Line Items]                        
Equity Method Investment, Ownership Percentage         34.00%   34.00%          
Equity income (loss) from equity method investments     $ 75,177 $ 123,400 $ (133)              
Stock Purchase Agreement [Member] | NEC TOKIN Corporation [Member] | KEMET Electronics Corporation [Member]                        
Business Acquisition [Line Items]                        
Equity Method Investment, Ownership Percentage       34.00% 34.00% 34.00% 34.00% 34.00%        
Business Combination, Step Acquisition, Equity Interest in Acquiree, Fair Value 205,952                      
Pro Forma [Member]                        
Business Acquisition [Line Items]                        
Pro forma common shares - diluted | shares             53,990          
Equity Method Investments [Member] | Stockholders Agreement [Member]                        
Business Acquisition [Line Items]                        
Business Combination, Indemnification Assets, Amount as of Acquisition Date       $ 25,000   $ 25,000            
Products and relationships | TOKIN [Member]                        
Business Acquisition [Line Items]                        
Intangible assets       25,000   25,000            
Excess cash [Member] | KEC [Member] | TOKIN [Member]                        
Business Acquisition [Line Items]                        
Payments to Acquire Businesses, Gross 93,600 10.2                    
Cash Distribution [Member] | KEC [Member] | TOKIN [Member]                        
Business Acquisition [Line Items]                        
Payments to Acquire Businesses, Gross $ 55,000 ¥ 6.0                    
Trade Names [Member] | TOKIN [Member]                        
Business Acquisition [Line Items]                        
Intangible assets       $ 8,000   $ 8,000