Reconsolidation of MTC (Tables)

12 Months Ended

Mar. 31, 2016

Business Combinations [Abstract]

Schedule of Business Acquisitions, by Acquisition

The following table summarizes the fair values of the assets acquired and liabilities assumed as of March 31, 2016.

thousands	March 31, 2016
Cash and cash equivalents	$	10,277
Trade and other receivables, net	4,377
Net intercompany receivable (eliminated in consolidation)	100,423
Inventories	38,087
Other current assets	1,663
Property, plant and equipment	51,295
Goodwill and other intangible assets	38,499
Other noncurrent assets	288
Total assets acquired	244,909
Notes payable to banks (1)	130,600
Accounts payable	3,344
Other current liabilities	5,480
Deferred tax liabilities	11,090
Total liabilities	150,514
Fair value of equity interest	$	94,395

Business Acquisition, Pro Forma Information

The following information has been adjusted for intercompany eliminations as required for consolidation accounting.

	Unaudited Proforma Twelve Months Ended March 31,
thousands except per share data	2016			2015
Revenues	$	1,912,324		$	2,077,732
Operating income	114,615			108,669
Net loss	(31,409		)	(24,885		)