Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v2.4.0.6
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Mar. 31, 2012
Current assets:    
Cash and cash equivalents $ 96,427 $ 120,832
Restricted cash 4,838 7,451
Short-term investments 23,132 14,455
Accounts receivable (net of allowance of $12 and $12 at September 30, 2012 and March 31, 2012, respectively) 5,944 5,710
Inventories 9,978 9,906
Prepaid expenses and other current assets 2,259 1,456
Deferred income tax asset 2,576 1,859
Total current assets 145,154 161,669
Property and equipment:    
Machinery and equipment 1,065 1,174
Office, computer and research equipment 8,713 8,837
Leasehold improvements 7,491 7,720
Total property and equipment, gross 17,269 17,731
Less accumulated depreciation and amortization (16,153) (16,534)
Total property and equipment, net 1,116 1,197
Goodwill 2,860 801
Intangibles, net 5,535 2,728
Deferred income tax asset 32,016 30,740
Other assets 559 291
Total assets 187,240 197,426
Current liabilities:    
Accounts payable 2,998 3,142
Accrued expenses 2,871 2,125
Accrued compensation 1,183 1,203
Total current liabilities 7,052 6,470
Tax contingency reserve long-term 3,484 3,483
Contingent consideration long-term 2,332  
Other long-term liabilities 1,001 1,109
Total liabilities 13,869 11,062
Commitments and contingencies (Note 10)      
Stockholders' equity:    
Preferred stock, par $0.01, Authorized - 1,000,000 shares Issued and outstanding - none      
Additional paid-in capital 405,904 405,147
Treasury stock at cost - 15,544,941 and 11,180,931 shares at September 30, 2012 and March 31, 2012, respectively (30,955) (21,173)
Cumulative translation adjustment 608 619
Accumulated deficit (202,787) (198,872)
Total stockholders' equity 173,371 186,364
Total liabilities and stockholders' equity 187,240 197,426
Class A Common Stock
    
Stockholders' equity:    
Common stock, value 462 504
Class B Common Stock
    
Stockholders' equity:    
Common stock, value $ 139 $ 139