Sale of an Equity Investment Sale of an Equity Investment

6 Months Ended

Sep. 30, 2014

Equity Method Investment and Joint Venture Disclosure [Abstract]

Equity Method Investments and Joint Ventures Disclosure [Text Block]

5. Sale of an Equity Investment

In September 2013, we completed the sale of our 49% equity interest in Nadro, S.A. de C.V. (“Nadro”). Under the terms of the agreement, we received $41 million in total cash consideration. There was no material gain or loss on the disposition based on the adjusted net realizable value of the investment at the time of the sale. Prior to the sale, our investment in Nadro was accounted for under the equity method of accounting within our Distribution Solutions segment.