Quarterly report pursuant to Section 13 or 15(d)

Inventories

Inventories

9 Months Ended

Dec. 31, 2013

Inventories are stated at the lower of first-in, first-out cost or market value. The components of inventories are as follows:



(in thousands)	December 31, 2013		March 31, 2013
Raw materials	$	9,347	$	6,252
Finished goods and sub-assemblies	11,197		5,971
Total inventories	$	20,544	$	12,223

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

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