Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.4.0.3
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Mar. 31, 2016
Accounting Policies [Abstract]  
Schedule of Inventory, Current [Table Text Block]
The components of inventories are as follows:
 
March 31,
(in thousands)
2016
 
2015
Raw materials
$
6,174

 
$
5,392

Work-in-process
237

 
189

Finished goods
7,087

 
10,624

Total inventories
$
13,498

 
$
16,205

Property, Plant and Equipment [Line Items]  
Property, Plant and Equipment [Table Text Block]
The components of fixed assets are as follows:
 
March 31,
(in thousands)
2016
 
2015
Land
$
672

 
$
672

Machinery and equipment
2,106

 
1,701

Office, computer and research equipment
6,761

 
6,260

Leasehold improvements
7,659

 
7,451

Land, property and equipment, gross
$
17,198

 
$
16,084

Less accumulated depreciation and amortization
(13,221
)
 
(12,481
)
Land, property and equipment, net
$
3,977

 
$
3,603

Goodwill and Other Intangibles
New Accounting Pronouncement, Early Adoption [Table Text Block]
In the quarter ended December 31, 2015, the Company early adopted ASU 2015-17 with retrospective application, which resulted in the following reclassification from current deferred income taxes to non-current deferred income taxes on the Consolidated Balance Sheets as of March 31, 2015:
Balance Sheet Classification
 
March 31, 2015
(As Reported)
 
Reclassification
 
March 31, 2015
 (As Reclassified)
Deferred income taxes
 
$
1,043

 
$
(1,043
)
 
$
—

Deferred income tax liability
 
$
1,089

 
$
(1,043
)
 
$
46