Quarterly report pursuant to Section 13 or 15(d)

Concentrations of Risks (Details)

v3.19.2
Concentrations of Risks (Details)
$ in Thousands, € in Millions, ¥ in Millions, R$ in Millions, $ in Millions, $ in Millions, ₩ in Billions
3 Months Ended
Nov. 30, 2018
USD ($)
Nov. 30, 2018
KRW (₩)
Jun. 27, 2018
USD ($)
Jun. 27, 2018
CAD ($)
Mar. 21, 2018
EUR (€)
Mar. 21, 2018
USD ($)
Jul. 26, 2016
USD ($)
Jul. 26, 2016
BRL (R$)
May 02, 2016
USD ($)
installment
suit
Mar. 29, 2016
USD ($)
Mar. 29, 2016
JPY (¥)
Dec. 09, 2015
USD ($)
Dec. 09, 2015
TWD ($)
Sep. 02, 2015
USD ($)
installment
Jul. 31, 2013
defendant
suit
Jun. 30, 2019
USD ($)
Jun. 30, 2018
Mar. 31, 2019
USD ($)
Concentration of Risk                                    
Accounts Payable, Trade, Current                               $ 161,853   $ 153,287
Accrued Liabilities, Current [1]                               79,173   93,761
Other non-current obligations [1]                               $ 149,267   $ 125,360
Sales revenue | Sales risk                                    
Concentration of Risk                                    
Concentration Risk, Customer                               1 1  
Sales revenue | Sales risk | Minimum [Member]                                    
Concentration of Risk                                    
Concentration risk, percentage                               10.00% 10.00%  
Sales revenue | Electronics distributor risk                                    
Concentration of Risk                                    
Concentration risk, percentage                               42.90% 41.70%  
Accounts receivable | Sales risk                                    
Concentration of Risk                                    
Concentration Risk, Customer                               0 0  
Indemnification Agreement [Member] | Equity Method Investments [Member]                                    
Concentration of Risk                                    
Litigation Settlement, Amount Awarded to Other Party                           $ 13,800        
Settled Litigation [Member] | Indemnification Agreement [Member] | Equity Method Investments [Member]                                    
Concentration of Risk                                    
Litigation Settlement, Payment Period                           5 years        
Litigation Settlement, Number of Payment Installments | installment                           6        
Litigation Settlement, Amount Awarded to Other Party                           $ 2,300        
TAIWAN, PROVINCE OF CHINA                                    
Concentration of Risk                                    
Loss Contingency, Damages Sought, Value                       $ 39,200 $ 1,200.0          
TAIWAN, PROVINCE OF CHINA | Minimum [Member]                                    
Concentration of Risk                                    
Loss Contingency, Damages Sought, Value                       $ 19,600 $ 609.1          
JAPAN                                    
Concentration of Risk                                    
Litigation Settlement, Amount Awarded to Other Party                   $ 1,100 ¥ 127.2              
BRAZIL | Settled Litigation [Member]                                    
Concentration of Risk                                    
Loss Contingency, Damages Paid, Value             $ 200 R$ 0.6                    
TOKIN [Member]                                    
Concentration of Risk                                    
Loss Contingency Accrual                               $ 26,300    
TOKIN [Member] | CANADA | Settled Litigation [Member]                                    
Concentration of Risk                                    
Loss Contingency, Damages Paid, Value     $ 2,200 $ 2.9                            
NEC TOKIN Corporation [Member] | Indemnification Agreement [Member] | Equity Method Investments [Member]                                    
Concentration of Risk                                    
Litigation Settlement, Number of Payment Installments | installment                 5                  
Litigation Settlement, Amount Awarded to Other Party                 $ 37,300                  
NEC TOKIN Corporation [Member] | Preliminary Settlement [Member] | Indemnification Agreement [Member] | Equity Method Investments [Member]                                    
Concentration of Risk                                    
Loss Contingency, Pending Claims, Number | suit                 2                  
Lithium Ion Batteries Antitrust Litigation [Member]                                    
Concentration of Risk                                    
Loss Contingency, Number of Defendants | defendant                             8      
Loss Contingency, Pending Claims, Number | suit                             2      
Lithium Ion Batteries Antitrust Litigation [Member] | TOKIN [Member]                                    
Concentration of Risk                                    
Loss Contingency, Number of Defendants | defendant                             1      
Battery Action Class Suit - Indirect Product Purchasers [Member]                                    
Concentration of Risk                                    
Litigation Settlement, Amount Awarded to Other Party                               2,000    
Battery Action Class Suit [Member]                                    
Concentration of Risk                                    
Litigation Settlement, Amount Awarded to Other Party                               4,950    
Competition Laws of the European Union [Member] | TOKIN [Member]                                    
Concentration of Risk                                    
Litigation Settlement, Amount Awarded to Other Party         € 8.8 $ 10,300                        
Competition Laws of the European Union [Member] | NEC TOKIN Corporation [Member]                                    
Concentration of Risk                                    
Litigation Settlement, Amount Awarded to Other Party         € 5.0 $ 5,900                        
Monopoly and Fair Trade Laws [Member] | TOKIN [Member] | KOREA, REPUBLIC OF                                    
Concentration of Risk                                    
Litigation Settlement, Amount Awarded to Other Party $ 7,200 ₩ 8.1                                
AASI and Benchmark Complaints [Member] | TOKIN [Member]                                    
Concentration of Risk                                    
Litigation Settlement, Amount Awarded to Other Party                               950    
Accounts Payable [Member] | Unfavorable Regulatory Action [Member] | TOKIN [Member]                                    
Concentration of Risk                                    
Accounts Payable, Trade, Current                               7,300    
Accrued Liabilities [Member] | Unfavorable Regulatory Action [Member] | TOKIN [Member]                                    
Concentration of Risk                                    
Accrued Liabilities, Current                               6,900    
Other Noncurrent Liabilities [Member] | Unfavorable Regulatory Action [Member] | TOKIN [Member]                                    
Concentration of Risk                                    
Other non-current obligations                               12,100    
Taiwan, New Dollars | TOKIN [Member] | TAIWAN, PROVINCE OF CHINA | Pending Litigation [Member]                                    
Concentration of Risk                                    
Loss Contingency, Damages Paid, Value                               182,700    
United States of America, Dollars | TOKIN [Member] | TAIWAN, PROVINCE OF CHINA | Pending Litigation [Member]                                    
Concentration of Risk                                    
Loss Contingency, Damages Paid, Value                               $ 5,900    
[1]
 
June 30, 2019
 
March 31, 2019
ASSETS
 

 
 

Current assets:
 

 
 

Cash and cash equivalents
$
217,307

 
$
207,918

Accounts receivable, net
154,522

 
154,059

Inventories, net
256,140

 
241,129

Prepaid expenses and other current assets
48,187

 
38,947

Total current assets
676,156

 
642,053

Property, plant and equipment, net of accumulated depreciation of $889,142 and $880,451 as of June 30, 2019 and March 31, 2019, respectively
518,310

 
495,280

Goodwill
40,294

 
40,294

Intangible assets, net
53,448

 
53,749

Equity method investments
14,238

 
12,925

Deferred income taxes 
44,544

 
57,024

Other assets
44,216

 
16,770

Total assets
$
1,391,206

 
$
1,318,095

 
 
 
 
LIABILITIES AND STOCKHOLDERS’ EQUITY
 

 
 

Current liabilities:
 

 
 

Current portion of long-term debt
$
29,225

 
$
28,430

Accounts payable
161,853

 
153,287

Accrued expenses
79,173

 
93,761

Income taxes payable
808

 
2,995

Total current liabilities 
271,059

 
278,473

Long-term debt
282,871

 
266,041

Other non-current obligations
149,267

 
125,360

Deferred income taxes 
11,214

 
8,806

Total liabilities
714,411

 
678,680

Stockholders’ equity:
 

 
 

Preferred stock, par value $0.01, authorized 10,000 shares, none issued

 

Common stock, par value $0.01, authorized 175,000 shares, issued 58,018 and 57,822 shares at June 30, 2019 and March 31, 2019, respectively
580

 
578

Additional paid-in capital
466,704

 
465,366

Retained earnings
241,635

 
204,195

Accumulated other comprehensive income (loss)
(32,124
)
 
(30,724
)
Total stockholders’ equity
676,795

 
639,415

Total liabilities and stockholders’ equity
$
1,391,206

 
$
1,318,095