Rendering

Component: (Network and Table)
Network
31001 - Disclosure - Pension Plans (Tables)
(http://www.avx.com/role/DisclosurePensionPlansTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0000859163 (http://www.sec.gov/CIK)
Pension Plans [Abstract]Period [Axis]
2015-04-01 - 2016-03-31
Pension Plans [Abstract]
 
Schedule of Benefit Obligations in Excess of Fair Value of Plan Assets [Table Text Block]



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

Fiscal Year Ended March 31,



 

U.S. Plans

 

International Plans



 

2015

 

2016

 

2015

 

2016

Change in benefit obligation:

 

 

 

 

 

 

 

 

 

 

 

 

Benefit obligation at beginning of year

 

$

 39,282 

 

$

 45,243 

 

$

 169,575 

 

$

 176,939 

Service cost

 

 

 196 

 

 

 197 

 

 

 903 

 

 

 988 

Interest cost

 

 

 1,588 

 

 

 1,539 

 

 

 6,238 

 

 

 5,173 

Plan participants' contributions

 

 

 -

 

 

 -

 

 

 49 

 

 

 24 

Actuarial loss (gain)

 

 

 6,036 

 

 

 (1,213)

 

 

 25,376 

 

 

 (15,668)

Benefits paid

 

 

 (1,859)

 

 

 (2,786)

 

 

 (6,164)

 

 

 (7,114)

Benefit obligation acquired during the year

 

 

 -

 

 

 -

 

 

 -

 

 

 683 

Foreign currency exchange rate changes

 

 

 -

 

 

 -

 

 

 (19,038)

 

 

 (4,408)

Benefit obligation at end of year

 

$

 45,243 

 

$

 42,980 

 

$

 176,939 

 

$

 156,617 

Change in plan assets:

 

 

 

 

 

 

 

 

 

 

 

 

Fair value of plan assets at beginning of year

 

$

 36,058 

 

$

 37,716 

 

$

 153,998 

 

$

 161,520 

Actual return (loss) on assets

 

 

 1,401 

 

 

 (1,598)

 

 

 21,913 

 

 

 (1,170)

Employer contributions

 

 

 2,116 

 

 

 793 

 

 

 8,074 

 

 

 7,868 

Plan participants' contributions

 

 

 -

 

 

 -

 

 

 49 

 

 

 24 

Benefits paid

 

 

 (1,859)

 

 

 (2,786)

 

 

 (6,164)

 

 

 (7,114)

Foreign currency exchange rate changes

 

 

 -

 

 

 -

 

 

 (16,350)

 

 

 (4,718)

Fair value of plan assets at end of year

 

 

 37,716 

 

 

 34,125 

 

 

 161,520 

 

 

 156,410 

Funded status

 

$

 (7,527)

 

$

 (8,855)

 

$

 (15,419)

 

$

 (207)



 

 

 

 

 

 

 

 

 

 

 

 



  
Schedule of Assumptions Used for Benefit Obligation



 

 

 

 

 

 



 

 

 

 

 

 



 

As of March 31,



 

 

2015

 

 

2016

Assumptions:

 

 

 

 

 

 

Discount rates

 

 

0.5-3.5%

 

 

0.5-3.5%

Increase in compensation

 

 

3.4%

 

 

3.4%



 

 

 

 

 

 



  
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

Fiscal Year Ended March 31,



 

U.S. Plans

 

International Plans



 

2015

 

2016

 

2015

 

2016

Beginning balance

 

$

 10,953 

 

$

 16,993 

 

$

 45,461 

 

$

 49,620 

Net loss (gain) incurred during the year

 

 

 6,844 

 

 

 2,498 

 

 

 11,391 

 

 

 (7,934)

Amortization of net actuarial gain (loss)

 

 

 (804)

 

 

 (1,582)

 

 

 (1,885)

 

 

 (2,157)

Amortization of prior service cost

 

 

 -

 

 

 -

 

 

 -

 

 

 257 

Foreign currency exchange rate changes

 

 

 -

 

 

 -

 

 

 (5,347)

 

 

 (1,597)



 

$

 16,993 

 

$

 17,909 

 

$

 49,620 

 

$

 38,189 



 

 

 

 

 

 

 

 

 

 

 

 



  
Schedule of Net Periodic Benefit Cost Not yet Recognized [Table Text Block]



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

Fiscal Year Ended March 31,



 

U.S. Plans

 

International Plans



 

2015 (1)

 

2016 (2)

 

2015 (1)

 

2016 (2)

Unrecognized net actuarial loss

 

$

 10,876 

 

$

 11,474 

 

$

 39,424 

 

$

 30,104 

Unamortized prior service cost

 

 

 -

 

 

 -

 

 

 -

 

 

 -



 

$

 10,876 

 

$

 11,474 

 

$

 39,424 

 

$

 30,104 



 

 

 

 

 

 

 

 

 

 

 

 



(1) Amounts in the above table as of March 31, 2015 are net of $6,117 and $10,219 tax benefit for the U.S. and International Plans, respectively.

 

(2) Amounts in the above table as of March 31, 2016 are net of $6,435 and $8,088 tax benefit for the U.S. and International Plans, respectively.

  
Schedule of Net Benefit Costs [Table Text Block]



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

Fiscal Year Ended March 31,



 

2014

 

2015

 

2016

Service cost

 

$

 1,473 

 

$

 1,175 

 

$

 1,177 

Interest cost

 

 

 8,176 

 

 

 8,361 

 

 

 6,939 

Expected return on plan assets

 

 

 (9,022)

 

 

 (10,137)

 

 

 (8,677)

Amortization of prior service cost

 

 

 -

 

 

 -

 

 

 -

Recognized actuarial loss

 

 

 3,749 

 

 

 2,689 

 

 

 3,740 

Net periodic pension cost

 

$

 4,376 

 

$

 2,088 

 

$

 3,179 



 

 

 

 

 

 

 

 

 



  
Schedule of Assumptions Used for Benefit Costs [Table Text Block]



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

As of March 31,



 

 

2014

 

 

2015

 

 

2016

Assumptions:

 

 

 

 

 

 

 

 

 

Discount rates

 

 

1.0-4.2%

 

 

1.0-4.5%

 

 

0.5-3.6%

Increase in compensation

 

 

3.9%

 

 

3.9%

 

 

3.4%

Expected long-term rate of return on plan assets

 

 

1.4-7.3%

 

 

1.4-7.3%

 

 

1.4-7.3%



 

 

 

 

 

 

 

 

 



  
Schedule of Fair Value Hierarchy of Plan Assets [Table Text Block]



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

Based on



 

 

 

Quoted prices

 

Other

 

 



 

 

 

in active

 

observable

 

Unobservable



 

Fair Value at

 

markets

 

inputs

 

inputs



 

March 31, 2015

 

(Level 1)

 

(Level 2)

 

(Level 3)

Assets measured at fair value on a recurring basis:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Defined Benefit Plan Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Cash

 

$

 148 

 

$

 148 

 

$

 -

 

$

 -

Pooled Separate Accounts

 

 

 28,738 

 

 

 -

 

 

 28,738 

 

 

 -

Guaranteed Deposit Account

 

 

 8,830 

 

 

 -

 

 

 8,830 

 

 

 -



 

 

 

 

 

 

 

 

 

 

 

 

International Defined Benefit Plan Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Cash

 

 

 362 

 

 

 362 

 

 

 -

 

 

 -

Depository Account

 

 

 7,464 

 

 

 7,464 

 

 

 -

 

 

 -

Pooled Separate Accounts

 

 

 153,694 

 

 

 -

 

 

 153,694 

 

 

 -

Total

 

$

 199,236 

 

$

 7,974 

 

$

 191,262 

 

$

 -



 

 

 

 

 

 

 

 

 

 

 

 







 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

Based on



 

 

 

Quoted prices

 

Other

 

 



 

 

 

in active

 

observable

 

Unobservable



 

Fair Value at

 

markets

 

inputs

 

inputs



 

March 31, 2016

 

(Level 1)

 

(Level 2)

 

(Level 3)

Assets measured at fair value on a recurring basis:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Defined Benefit Plan Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Cash

 

$

 159 

 

$

 159 

 

$

 -

 

$

 -

Pooled Separate Accounts

 

 

 26,552 

 

 

 -

 

 

 26,552 

 

 

 -

Guaranteed Deposit Account

 

 

 7,414 

 

 

 -

 

 

 7,414 

 

 

 -



 

 

 

 

 

 

 

 

 

 

 

 

International Defined Benefit Plan Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Cash

 

 

 381 

 

 

 381 

 

 

 -

 

 

 -

Depository Account

 

 

 7,810 

 

 

 7,810 

 

 

 -

 

 

 -

Pooled Separate Accounts

 

 

 148,219 

 

 

 -

 

 

 148,219 

 

 

 -

Total

 

$

 190,535 

 

$

 8,350 

 

$

 182,185 

 

$

 -



 

 

 

 

 

 

 

 

 

 

 

 



  
Schedule of Allocation of Plan Assets [Table Text Block]



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



 

As of March 31, 2015

 

As of March 31, 2016

Asset Category

 

U.S. Plans

 

International Plans

 

U.S. Plans

 

International Plans

Equity securities

 

56%

 

42%

 

57%

 

45%

Debt securities

 

20%

 

53%

 

21%

 

50%

Other

 

24%

 

5%

 

22%

 

5%

   Total

 

100%

 

100%

 

100%

 

100%



 

 

 

 

 

 

 

 



  
Schedule of Expected Benefit Payments [Table Text Block]



 

 

 

 

 

 



 

 

 

 

 

 

Fiscal Year ended March 31,

 

U.S. Plans

 

International Plans

2017

 

$

 2,035 

 

$

 6,536 

2018

 

 

 2,102 

 

 

 6,658 

2019

 

 

 2,217 

 

 

 6,781 

2020

 

 

 2,320 

 

 

 6,898 

2021

 

 

 2,416 

 

 

 7,023 

2022-2026

 

 

 12,994 

 

 

 36,956