Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.19.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2017
Income Statement [Abstract]      
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 206,587 $ 254,127 $ 47,157
Revenue from Contract with Customer, Excluding Assessed Tax 1,382,818 1,200,181 757,338
Operating costs and expenses:      
Cost of sales (1) 924,276 860,744 571,944
Selling, general and administrative expenses 202,642 173,620 107,658
Research and development (1) 44,612 39,114 26,693
Restructuring charges 8,779 14,843 5,404
Disposal Group, Not Discontinued Operation, Loss (Gain) on Write-down 1,660 (992) 10,671
Net (gain) loss on sales and disposals of assets 700 (1,200) 400
Total operating costs and expenses (1) 1,181,969 1,087,329 722,370
Operating income (1) 200,849 112,852 34,968
Non-operating (income) expense:      
Interest income (2,035) (809) (24)
Interest expense 21,239 32,882 39,755
Business combination bargain purchase, gain recognized 0 130,880 0
Change in value of TOKIN options 0 0 (10,700)
Other (income) expense, net 11,214 24,592 (3,871)
Income before income taxes and equity income (loss) from equity method investments (1) 170,431 187,067 9,808
Income tax expense (benefit) (1) (39,460) 9,132 4,294
Income before equity income (loss) from equity method investments (1) 209,891 177,935 5,514
Equity income (loss) from equity method investments $ (3,304) $ 76,192 $ 41,643
Net income (loss) per basic share:      
Net income (loss) (in dollars per share) $ 3.57 $ 4.81 $ 1.01
Net income (loss) per diluted share:      
Net income (loss) (in dollars per share) 3.50 4.33 0.85
Common Stock, Dividends, Per Share, Declared $ 0.10 $ 0.00 $ 0.00
Weighted-average shares outstanding:      
Weighted Average Number of Shares Issued, Basic 57,840 52,798 46,552
Diluted (in shares) 59,082 58,640 55,389