Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.3.0.15
Condensed Consolidated Balance Sheets (USD $)
In Thousands
Sep. 30, 2011
Mar. 31, 2011
Assets    
Cash and cash equivalents $ 89,026 $ 86,408
Restricted cash 3,350  
Short-term investments 18,846 490
Accounts receivable (net of allowance of $ 109 and $ 147, respectively) 17,900 24,252
Inventories 11,691 12,955
Prepaid expenses and other current assets 2,274 3,156
Deferred income tax asset 8,000 18,700
Assets held-for-sale   4,781
Total current assets 151,087 150,742
Property and equipment:    
Machinery and equipment 12,979 13,024
Office, computer and research equipment 11,860 11,769
Leasehold improvements 9,401 9,381
Total property, plant and equipment 34,240 34,174
Less accumulated depreciation and amortization (31,189) (30,924)
Property and equipment, net 3,051 3,250
Goodwill 2,144 2,197
Intangibles, net 3,061 3,473
Deferred income tax asset 40,091 41,467
Other assets 174 258
Total assets 199,608 201,387
Liabilities and Stockholders' Equity    
Accounts payable 10,258 23,664
Accrued expenses 5,247 4,552
Accrued compensation 1,942 4,883
Liabilities held-for-sale   1,288
Total current liabilities 17,447 34,387
Other long-term liabilities 5,264 7,719
Total liabilities 22,711 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 404,559 402,337
Treasury stock at cost - 7,357,062 and 4,629,373 shares at September 30, 2011 and March 31, 2011, respectively (12,651) (3,854)
Cumulative translation adjustment 532 965
Accumulated deficit (216,225) (240,854)
Total stockholders' equity 176,897 159,281
Total liabilities and stockholders' equity 199,608 201,387
Class A Common Stock
    
Stockholders' equity:    
Common stock, value 543 541
Class B Common Stock
    
Stockholders' equity:    
Common stock, value $ 139 $ 146