Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

 v2.3.0.11
Condensed Consolidated Balance Sheets (USD $)
In Thousands
Jun. 30, 2011
Mar. 31, 2011
Assets    
Cash and cash equivalents $ 102,331 $ 86,408
Restricted cash 3,350  
Short-term investments 5,155 490
Accounts receivable (net of allowance of $ 110 and $ 147, respectively) 19,195 24,252
Inventories 11,605 12,955
Prepaid expenses and other current assets 3,507 3,156
Deferred income tax asset 8,000 18,700
Assets held-for-sale   4,781
Total current assets 153,143 150,742
Property and equipment:    
Machinery and equipment 13,031 13,024
Office, computer and research equipment 12,096 11,769
Leasehold improvements 9,422 9,381
Total property, plant and equipment 34,549 34,174
Less accumulated depreciation and amortization (31,383) (30,924)
Property and equipment, net 3,166 3,250
Goodwill 2,204 2,197
Intangibles, net 3,319 3,473
Deferred income tax asset 40,383 41,467
Other assets 248 258
Total assets 202,463 201,387
Liabilities and Stockholders' Equity    
Accounts payable 9,508 23,664
Accrued expenses 4,278 3,376
Income tax payable 3,053 944
Accrued compensation 2,247 4,883
Deferred revenue 215 232
Liabilities held-for-sale   1,288
Total current liabilities 19,301 34,387
Other long-term liabilities 7,461 7,719
Total liabilities 26,762 42,106
Commitments and contingencies (Note 11)    
Stockholders' equity:    
Preferred stock, par $0.01, Authorized - 1,000,000 shares Issued and outstanding - none    
Additional paid-in capital 403,857 402,337
Treasury stock at cost - 6,439,881 and 4,629,373 shares at June 30, 2011 and March 31, 2011, respectively (10,163) (3,854)
Cumulative translation adjustment 1,040 965
Accumulated deficit (219,723) (240,854)
Total stockholders' equity 175,701 159,281
Total liabilities and stockholders' equity 202,463 201,387
Class A Common Stock
    
Stockholders' equity:    
Common stock, value 551 541
Class B Common Stock
    
Stockholders' equity:    
Common stock, value $ 139 $ 146