Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v2.4.0.8
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Mar. 31, 2014
Current assets:    
Cash and cash equivalents $ 33,689 $ 35,793
Short-term investments 13,128 15,584
Accounts receivable (net of allowance of $37 and $40 at June 30, 2014, and March 31, 2014, respectively) 16,913 15,831 [1]
Inventories 23,063 24,056 [1]
Prepaid expenses and other current assets 2,220 1,952 [1]
Deferred income taxes 899 899
Assets available-for-sale 1,044 1,044
Total current assets 90,956 95,159 [1]
Property and equipment, gross 18,626 17,902 [1]
Less accumulated depreciation and amortization (16,220) (16,001)
Property and equipment, net 2,406 1,901 [1]
Goodwill 31,682 31,682 [1]
Intangible assets, net 30,307 31,892 [1]
Other non-current assets 350 393
Total assets 155,701 161,027 [1]
Current liabilities:    
Accounts payable 8,205 7,067 [1]
Accrued expenses 3,270 3,418
Accrued compensation 1,821 4,395
Contingent consideration 1,609 2,067
Deferred revenue 1,395 1,774
Total current liabilities 16,300 18,721 [1]
Deferred revenue non-current 740 787
Deferred income tax liability 1,072 1,072
BusinessCombinationContingentConsiderationLiabilityNonCurrent 468 574
Other non-current liabilities 494 528
Total liabilities 19,074 21,682 [1]
Commitments and contingencies (Note 11)      
Stockholders’ equity:    
Preferred stock, par $0.01, Authorized - 1,000,000 shares. Issued and outstanding - none 0 0
Additional paid-in capital 410,857 410,176
Treasury stock at cost – 17,299,059 and 17,130,965 shares at June 30, 2014, and March 31, 2014, respectively (34,790) (34,206)
Cumulative translation adjustment 608 608
Accumulated deficit (240,648) (237,831) [1]
Total stockholders’ equity 136,627 139,345 [1]
Total liabilities and stockholders’ equity 155,701 161,027 [1]
Class A Common Stock
    
Stockholders’ equity:    
Common stock, value 461 459
Class B Common Stock
    
Stockholders’ equity:    
Common stock, value $ 139 $ 139
[1] Certain amounts have been adjusted to reflect measurement period adjustments related to the CSI acquisition.