Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v2.4.0.6
Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2011
Consolidated Statements of Operations      
Net sales $ 842,954 $ 984,833 $ 1,018,488
Operating costs and expenses:      
Cost of sales 716,358 775,670 752,846
Selling, general and administrative expenses 110,474 111,564 104,607
Research and development 27,993 29,440 25,864
Restructuring charges 18,719 14,254 7,171
Write down of long-lived assets 7,582 15,786  
Goodwill impairment 1,092    
Net (gain) loss on sales and disposals of assets 18 318 (1,261)
Total operating costs and expenses 882,236 947,032 889,227
Operating (loss) income (39,282) 37,801 129,261
Other (income) expense:      
Interest income (139) (175) (218)
Interest expense 41,331 28,567 30,175
Other (income) expense, net (2,864) 965 (4,692)
Loss on early extinguishment of debt     38,248
Income (loss) before income taxes and equity loss from NEC TOKIN (77,610) 8,444 65,748
Income tax expense 3,318 1,752 2,704
Income (loss) before equity loss from NEC TOKIN (80,928) 6,692 63,044
Equity loss from NEC TOKIN (1,254)    
Net income (loss) $ (82,182) $ 6,692 $ 63,044
Net income (loss) per share:      
Basic (in dollars per share) $ (1.83) $ 0.15 $ 2.11
Diluted (in dollars per share) $ (1.83) $ 0.13 $ 1.22
Weighted-average shares outstanding:      
Basic (in shares) 44,897 43,285 29,847
Diluted (in shares) 44,897 52,320 51,477