Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v2.4.1.9
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Mar. 31, 2014
Current assets:    
Cash and cash equivalents $ 17,699us-gaap_CashAndCashEquivalentsAtCarryingValue $ 35,793us-gaap_CashAndCashEquivalentsAtCarryingValue
Short-term investments 25,222us-gaap_ShortTermInvestments 15,584us-gaap_ShortTermInvestments
Accounts receivable (net of allowance of $53 and $40 at December 31, 2014, and March 31, 2014, respectively) 7,132us-gaap_AccountsReceivableNetCurrent 15,831us-gaap_AccountsReceivableNetCurrent [1]
Inventories 22,909us-gaap_InventoryNet 24,056us-gaap_InventoryNet [1]
Prepaid expenses and other current assets 2,729us-gaap_PrepaidExpenseAndOtherAssetsCurrent 1,952us-gaap_PrepaidExpenseAndOtherAssetsCurrent [1]
Deferred income taxes 875us-gaap_DeferredTaxAssetsNetCurrent 899us-gaap_DeferredTaxAssetsNetCurrent
Assets available-for-sale 1,044us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent 1,044us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
Total current assets 77,610us-gaap_AssetsCurrent 95,159us-gaap_AssetsCurrent [1]
Property and equipment, gross 19,420us-gaap_PropertyPlantAndEquipmentGross 17,902us-gaap_PropertyPlantAndEquipmentGross [1]
Less accumulated depreciation and amortization (16,486)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment (16,001)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
Property and equipment, net 2,934us-gaap_PropertyPlantAndEquipmentNet 1,901us-gaap_PropertyPlantAndEquipmentNet [1]
Goodwill 0us-gaap_Goodwill 31,102us-gaap_Goodwill [1]
Intangible assets, net 27,461us-gaap_IntangibleAssetsNetExcludingGoodwill 32,319us-gaap_IntangibleAssetsNetExcludingGoodwill [1]
Other non-current assets 250us-gaap_OtherAssetsNoncurrent 393us-gaap_OtherAssetsNoncurrent
Total assets 108,255us-gaap_Assets 160,874us-gaap_Assets [1]
Current liabilities:    
Accounts payable 4,536us-gaap_AccountsPayableCurrent 7,067us-gaap_AccountsPayableCurrent [1]
Accrued expenses 3,083us-gaap_AccruedLiabilitiesCurrent 3,418us-gaap_AccruedLiabilitiesCurrent
Accrued compensation 959us-gaap_EmployeeRelatedLiabilitiesCurrent 4,395us-gaap_EmployeeRelatedLiabilitiesCurrent
Contingent consideration 727us-gaap_BusinessCombinationContingentConsiderationLiability 2,067us-gaap_BusinessCombinationContingentConsiderationLiability
Deferred revenue 519us-gaap_DeferredRevenueCurrent 1,774us-gaap_DeferredRevenueCurrent
Total current liabilities 9,824us-gaap_LiabilitiesCurrent 18,721us-gaap_LiabilitiesCurrent [1]
Deferred revenue non-current 772us-gaap_DeferredRevenueNoncurrent 787us-gaap_DeferredRevenueNoncurrent
Deferred income tax liability 1,045us-gaap_LiabilityForUncertainTaxPositionsNoncurrent 1,072us-gaap_LiabilityForUncertainTaxPositionsNoncurrent
Contingent consideration non-current 811wstl_BusinessCombinationContingentConsiderationLiabilityNonCurrent 574wstl_BusinessCombinationContingentConsiderationLiabilityNonCurrent
Other non-current liabilities 527us-gaap_OtherLiabilitiesNoncurrent 528us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 12,979us-gaap_Liabilities 21,682us-gaap_Liabilities [1]
Commitments and contingencies (Note 11)      
Stockholders’ equity:    
Preferred stock, par $0.01, Authorized - 1,000,000 shares. Issued and outstanding - none 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Additional paid-in capital 411,953us-gaap_AdditionalPaidInCapital 410,176us-gaap_AdditionalPaidInCapital
Treasury stock at cost – 17,350,483 and 17,130,965 shares at December 31, 2014, and March 31, 2014, respectively (34,897)us-gaap_TreasuryStockValue (34,206)us-gaap_TreasuryStockValue
Cumulative translation adjustment 608us-gaap_AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax 608us-gaap_AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
Accumulated deficit (282,991)us-gaap_RetainedEarningsAccumulatedDeficit (237,984)us-gaap_RetainedEarningsAccumulatedDeficit [1]
Total stockholders’ equity 95,276us-gaap_StockholdersEquity 139,192us-gaap_StockholdersEquity [1]
Total liabilities and stockholders’ equity 108,255us-gaap_LiabilitiesAndStockholdersEquity 160,874us-gaap_LiabilitiesAndStockholdersEquity [1]
Class A Common Stock    
Stockholders’ equity:    
Common stock, value 464us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember 		459us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
Class B Common Stock    
Stockholders’ equity:    
Common stock, value $ 139us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember 		$ 139us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
[1] Certain amounts have been adjusted to reflect measurement period adjustments related to the CSI acquisition.