KEMET CORP (KEM) [Rocket]

In millions, except per share items	Mar-31-20	Mar-31-19	Mar-31-18	Mar-31-17	Mar-31-16	Mar-31-15	Mar-31-14	Mar-31-13
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Solid Capacitors	886.1	935.8	771.2	575.1	556.3	109.1	626.5	119.0
Tantalum	495.7	563.3	495.1	342.2
Ceramics	390.4	372.6	276.1	232.9
Electro-magnetic, Sensors & Actuators	198.7	240.7	227.0
Other					178.5	714.1	207.2	704.9
Total revenues	1,260.6	1,382.8	1,200.2	757.3	734.8	823.2	833.7	823.9
Revenue growth [+]	-8.8%	15.2%	58.5%	3.1%	-10.7%	-1.3%	1.2%	-10.8%
Solid Capacitors	-5.3%	21.3%	34.1%	3.4%	409.9%	-82.6%	426.5%	6.0%
Tantalum	-12.0%	13.8%	44.7%
Ceramics	4.8%	34.9%	18.5%
Electro-magnetic, Sensors & Actuators	-17.5%	6.1%
Film & Electrolytic	-14.8%	2.1%	10.8%	2.1%	-11.6%	-2.5%	2281.3%	-97.0%
Cost of goods sold	840.1	924.3	860.7	571.9	571.0	663.7	712.9	697.1
Gross profit	420.5	458.5	339.4	185.4	163.8	159.5	120.7	126.8
Gross margin	33.4%	33.2%	28.3%	24.5%	22.3%	19.4%	14.5%	15.4%
Selling, general and administrative	194.8	202.6	173.6	107.7	100.8	98.5	95.9	107.6
Research and development	49.3	44.6	39.1	26.7	24.6	25.8	24.5	26.9
Equity in earnings	0.1	-3.3	76.2	41.6	-16.4	2.2	7.1	1.3
Other operating expenses	-45.8	-4.1	-9.8	10.1	0.2	-0.7	-1.8	0.3
EBITDA [+]	285.1	264.7	263.2	120.6	60.6	78.1	57.0	38.5
EBITDA growth	7.7%	0.5%	118.3%	98.9%	-22.4%	37.0%	48.3%	-55.3%
EBITDA margin	22.6%	19.1%	21.9%	15.9%	8.2%	9.5%	6.8%	4.7%
Depreciation	58.3	48.1	46.4	36.1	36.8	38.7	47.4	42.9
EBITA	226.8	216.5	216.9	84.5	23.8	39.4	9.6	-4.4
EBITA margin	18.0%	15.7%	18.1%	11.2%	3.2%	4.8%	1.2%	-0.5%
Amortization of intangibles	4.5	4.5	4.3	2.1	2.2	2.1	2.1	2.3
EBIT [+]	222.3	212.0	212.6	82.4	21.6	37.3	7.5	-6.7
EBIT growth	4.9%	-0.3%	157.9%	281.5%	-42.1%	397.3%	-212.1%	-115.7%
EBIT margin	17.6%	15.3%	17.7%	10.9%	2.9%	4.5%	0.9%	-0.8%
Non-recurring items [+]	74.4	14.5	23.5	5.8	4.2	12.8	18.6	27.1
Asset impairment							4.5	8.4
Loss (gain) on sale of assets	0.8	-1.0	-1.2	0.4		-0.2	0.0	0.0
Interest expense, net [+]	7.7	19.2	32.1	39.7	39.6	40.7	40.8	41.2
Interest expense	11.0	21.2	32.9	39.8	39.6	40.7	41.0	41.3
Interest income	3.3	2.0	0.8	0.0	0.0	0.0	0.2	0.1
Other income (expense), net [+]	-60.4	-7.9	30.1	-27.1	-9.1	4.0	-4.4	1.0
Gain (loss) on acquisitions / transactions			130.9
Other	4.4	-4.5	-14.7				0.4	2.3
Pre-tax income	79.8	170.4	187.1	9.8	-31.2	-12.1	-56.3	-74.0
Income taxes	38.5	-39.5	9.1	4.3	6.0	5.2	1.5	3.3
Tax rate	48.3%		4.9%	43.8%
Net income	41.4	206.6	254.1	47.2	-53.6	-14.1	-68.5	-82.2
Net margin	3.3%	14.9%	21.2%	6.2%	-7.3%	-1.7%	-8.2%	-10.0%

Basic EPS [+]	$0.70	$3.50	$4.33	$0.85	($1.17)	($0.31)	($1.52)	($1.83)
Growth	-80.1%	-19.3%	409.0%	-172.8%	275.4%	-79.5%	-17.0%	-1284.0%
Diluted EPS [+]	$0.70	$3.50	$4.33	$0.85	($1.17)	($0.31)	($1.52)	($1.83)
Growth	-80.1%	-19.3%	409.0%	-172.8%	275.4%	-79.5%	-17.0%	-1531.1%

Shares outstanding (basic) [+]	59.4	59.1	58.6	55.4	45.8	45.4	45.1	44.9
Growth	0.6%	0.8%	5.9%	20.8%	1.0%	0.6%	0.5%	3.7%
Shares outstanding (diluted) [+]	59.4	59.1	58.6	55.4	45.8	45.4	45.1	44.9
Growth	0.6%	0.8%	5.9%	20.8%	1.0%	0.6%	0.5%	-14.2%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.