Annual report pursuant to Section 13 and 15(d)

Basis of Presentation Basis of Presentation (Details 2)

v3.3.0.814
Basis of Presentation Basis of Presentation (Details 2) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2015
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2012
Error Corrections and Prior Period Adjustments Restatement [Line Items]                        
Cash and Cash Equivalents, at Carrying Value $ 14,026       $ 35,793       $ 14,026 $ 35,793 $ 88,233 $ 120,832
Net income (loss) (13,000) $ (27,540) $ (15,544) [1] $ (2,818) 3,887 [1] $ 1,925 $ 1,328 $ (2,764) (58,902) [1] 4,376 [1],[2] (44,038)  
Goodwill impairment   20,547 11,450 [1]           31,997 [1]   2,884  
Short-term investments 23,906       15,584       23,906 15,584    
Accounts receivable (net of allowance of $408 and $82 as of March 31, 2015 and 2014, respectively) 11,845       15,831 [2]       11,845 15,831 [2]    
Inventories 16,205       24,056 [2]       16,205 24,056 [2]    
Prepaid Expense and Other Assets, Current 3,285       1,952 [2]       3,285 1,952 [2]    
Deferred income tax assets [1] 1,043       1,449       1,043 1,449    
Land held-for-sale 264       264       264 264    
Assets, Current [1] 70,574       94,929 [2]       70,574 94,929 [2]    
Land 672       780       672 780    
Machinery and Equipment, Gross 1,701       1,413       1,701 1,413    
Office, computer and research equipment 6,260       9,039 [2]       6,260 9,039 [2]    
Leasehold Improvements, Gross 7,451       7,450       7,451 7,450    
Property, Plant and Equipment, Gross 16,084       18,682 [2]       16,084 18,682 [2]    
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment (12,481)       (16,001)       (12,481) (16,001)    
Property, Plant and Equipment, Net 3,603       2,681 [2]       3,603 2,681 [2]    
Goodwill 0       31,997 [1],[2]       0 31,997 [1],[2] 0  
Intangible Assets, Net (Excluding Goodwill) 25,942       32,319 [2]       25,942 32,319 [2]    
Other Assets, Noncurrent 258       393       258 393    
Assets [1] 100,377       162,319 [2]       100,377 162,319 [2]    
Accounts Payable, Current 4,011       7,508 [2]       4,011 7,508 [2]    
Accrued Liabilities, Current [1] 4,602       4,365       4,602 4,365    
Accrued restructuring 1,161       57       1,161 57    
Employee-related Liabilities, Current 974       4,395       974 4,395    
Contingent consideration 1,184       2,067       1,184 2,067    
Deferred revenue 2,415       1,774       2,415 1,774    
Liabilities, Current [1] 14,347       20,166 [2]       14,347 20,166 [2]    
Deferred revenue non-current 751       787       751 787    
Deferred income tax liability [1] 1,089       1,622       1,089 1,622    
Accrued restructuring non-current 1,642       0       1,642 0    
Contingent consideration non-current 400       574       400 574    
Other Liabilities, Noncurrent 409       528       409 528    
Liabilities [1] 18,638       23,677 [2]       18,638 23,677 [2]    
Additional paid-in capital 413,026       410,176       413,026 410,176    
Treasury Stock, Value (35,066)       (34,206)       (35,066) (34,206)    
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax (608)       (608)       (608) (608)    
Retained Earnings (Accumulated Deficit) [1] (297,436)       (238,534) [2]       (297,436) (238,534) [2]    
Stockholders' Equity Attributable to Parent 81,739 [1]       138,642 [1],[2]       81,739 [1] 138,642 [1],[2] 131,077 $ 186,364
Liabilities and Equity [1] 100,377       162,319 [2]       100,377 162,319 [2]    
Revenue                 84,127 102,073 38,808  
Cost of revenue                 57,317 61,612 [2],[3] 26,192 [3]  
Gross profit 4,666 4,395 8,065 9,684 8,090 11,932 12,022 8,417 26,810 40,461 [2],[3] 12,616 [3]  
Selling and Marketing Expense                 12,407 13,304 [3] 6,783 [3]  
Research and Development Expense                 17,348 11,339 5,928  
General and Administrative Expense                 14,678 14,027 9,310  
Intangible amortization                 6,377 4,889 887  
Restructuring 3,188     57 62 38 169 66 3,243 335 149  
Operating Expenses 17,818 31,978 23,662 [1] 12,592 12,239 9,909 10,728 11,018 86,050 [1] 43,894 [2],[3] 25,941 [3]  
Operating Income (Loss)                 (59,240) [1] (3,433) [2] (13,325)  
Other Nonoperating Income (Expense)                 (2) (56) 175  
Income (loss) before income taxes and discontinued operations (13,170) (27,612) (15,613) [1] (2,847) (4,142) 1,992 1,392 (2,731) (59,242) [1] (3,489) (13,150)  
Income tax benefit (expense) (31) (72) (69) (29) (8,035) [1] 38 68 19 (201) (7,910) [1],[2] 29,392  
Net income (loss) from continuing operations (13,139) $ (27,540) $ (15,544) [1] $ (2,818) 3,893 [1] 1,954 1,324 (2,750) (59,041) [1] 4,421 [1],[2] (42,542)  
Income (loss) from discontinued operations, net of tax benefit (expense) of $(88), $0 and $813 for fiscal years 2015, 2014 and 2013, respectively $ 139       $ (6) $ (29) $ 4 $ (14) $ 139 $ (45) $ (1,496)  
Basic net income (loss) from continuing operations                 $ (0.98) [1] $ 0.08 [2] $ (0.71)  
Basic net income (loss) from discontinued operations                 0.00 0.00 (0.02)  
Earnings Per Share, Basic $ (0.22) $ (0.46) $ (0.26) [1] $ (0.05) $ 0.07 [1] $ 0.03 $ 0.02 $ (0.05) (0.98) [1] 0.07 [1],[2],[4] (0.73)  
Diluted net income (loss) from continuing operations                 (0.98) [1] 0.07 [1],[2] (0.71)  
Diluted net income (loss) from discontinued operations                 0.00 0.00 (0.02)  
Earnings Per Share, Diluted $ (0.22) $ (0.46) $ (0.26) [1] $ (0.05) $ 0.07 $ 0.03 $ 0.02 $ (0.05) $ (0.98) [1] $ 0.07 [1],[2] $ (0.73)  
Weighted Average Number of Shares Outstanding, Basic                 59,985 58,786 59,944  
Effect of dilutive securities: restricted stock, restricted stock units, performance stock units and stock options(5) [5]                 0 1,262 0  
Weighted Average Number of Shares Outstanding, Diluted                 59,985 60,048 59,944  
Comprehensive Income (Loss), Net of Tax, Attributable to Parent                 $ (58,902) [1] $ 4,376 [1],[2] $ (44,049)  
Depreciation, Amortization and Accretion, Net                 7,416 5,511 [2] 1,381  
Stock-based compensation                 2,605 1,871 1,407  
Foreign Currency Transaction Gain (Loss), Unrealized                 23 33    
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property                 117 8 (8)  
Restructuring                 3,243 335 149  
Deferred taxes                 (127) (8,440) [1],[2] 29,865  
Increase (Decrease) in Accounts Receivable                 3,986 (2,139) (979)  
Increase (Decrease) in Inventories                 8,186 595 [2] (2,002)  
Increase (Decrease) in Other Current Assets                 (1,661) 742 (233)  
Increase (Decrease) in Other Operating Assets and Liabilities, Net                 137 190 (240)  
Deferred revenue                 605 (404) (128)  
Accounts payable and accrued expenses                 (3,492) (3,223) 23  
Accrued compensation                 (3,420) 2,142 (206)  
Net Cash Provided by (Used in) Operating Activities                 (9,287) 1,597 (12,125)  
Maturities of held-to maturity short-term debt securities                 22,776 28,514 16,817  
Maturities of other short-term investments                 1,985 3,682 6,796  
Payments to Acquire Held-to-maturity Securities                 (24,662) (21,955) (29,090)  
Payments to Acquire Short-term Investments                 (8,421) (1,476) (4,417)  
Payments to Acquire Property, Plant, and Equipment                 (2,137) (443) (379)  
Other Payments to Acquire Businesses                 (304) (66,170) (2,524)  
Increase (Decrease) in Restricted Cash                   2,500 4,951  
Net Cash Provided by (Used in) Investing Activities                 (10,763) (55,348) (7,831)  
Payments for Repurchase of Common Stock                 (863) (359) (12,733)  
Payments for Previous Acquisition                 (1,104) 0    
Proceeds from stock options exercised                 257 1,677 87  
Net Cash Provided by (Used in) Financing Activities                 (1,710) 1,318 (12,646)  
Effect of Exchange Rate on Cash and Cash Equivalents                 (7) (7) 3  
Cash and Cash Equivalents, Period Increase (Decrease)                 (21,767) (52,440) (32,599)  
Scenario, Previously Reported [Member]                        
Error Corrections and Prior Period Adjustments Restatement [Line Items]                        
Cash and Cash Equivalents, at Carrying Value $ 14,026       $ 35,793       14,026 35,793 88,233  
Net income (loss) (13,000) $ (27,540) $ (14,649) $ (2,818) 4,437 $ 1,925 $ 1,328 $ (2,764) (58,007) 4,926 (44,038)  
Goodwill impairment                 31,102      
Short-term investments 23,906       15,584       23,906 15,584    
Accounts receivable (net of allowance of $408 and $82 as of March 31, 2015 and 2014, respectively) 11,845       15,831       11,845 15,831    
Inventories 16,205       24,056       16,205 24,056    
Prepaid Expense and Other Assets, Current 3,285       1,952       3,285 1,952    
Deferred income tax assets 973       899       973 899    
Land held-for-sale 264       264       264 264    
Assets, Current 70,504       94,379       70,504 94,379    
Land 672       780       672 780    
Machinery and Equipment, Gross 1,701       1,413       1,701 1,413    
Office, computer and research equipment 6,260       9,039       6,260 9,039    
Leasehold Improvements, Gross 7,451       7,450       7,451 7,450    
Property, Plant and Equipment, Gross 16,084       18,682       16,084 18,682    
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment (12,481)       (16,001)       (12,481) (16,001)    
Property, Plant and Equipment, Net 3,603       2,681       3,603 2,681    
Goodwill 0       31,102       0 31,102    
Intangible Assets, Net (Excluding Goodwill) 25,942       32,319       25,942 32,319    
Other Assets, Noncurrent 258       393       258 393    
Assets 100,307       160,874       100,307 160,874    
Accounts Payable, Current 4,011       7,508       4,011 7,508    
Accrued Liabilities, Current 3,157       2,920       3,157 2,920    
Accrued restructuring 1,161       57       1,161 57    
Employee-related Liabilities, Current 974       4,395       974 4,395    
Contingent consideration 1,184       2,067       1,184 2,067    
Deferred revenue 2,415       1,774       2,415 1,774    
Liabilities, Current 12,902       18,721       12,902 18,721    
Deferred revenue non-current 751       787       751 787    
Deferred income tax liability 1,019       1,072       1,019 1,072    
Accrued restructuring non-current 1,642       0       1,642 0    
Contingent consideration non-current 400       574       400 574    
Other Liabilities, Noncurrent 409       528       409 528    
Liabilities 17,123       21,682       17,123 21,682    
Additional paid-in capital 413,026       410,176       413,026 410,176    
Treasury Stock, Value (35,066)       (34,206)       (35,066) (34,206)    
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax (608)       (608)       (608) (608)    
Retained Earnings (Accumulated Deficit) (295,991)       (237,984)       (295,991) (237,984)    
Stockholders' Equity Attributable to Parent 83,184       139,192       83,184 139,192    
Liabilities and Equity 100,307       160,874       100,307 160,874    
Revenue                 84,127 102,073 38,808  
Cost of revenue                 57,317 61,612 25,483  
Gross profit                 26,810 40,461 13,325  
Selling and Marketing Expense                 12,407 13,304 7,492  
Research and Development Expense                 17,348 11,339    
General and Administrative Expense                 14,678 14,027    
Intangible amortization                 6,377 4,889 887  
Restructuring                 3,243 335    
Operating Expenses                 85,155 43,894    
Operating Income (Loss)                 (58,345) (3,433)    
Other Nonoperating Income (Expense)                 (2) (56)    
Income (loss) before income taxes and discontinued operations                 (58,347) (3,489)    
Income tax benefit (expense)                 (201) (8,460) 29,392  
Net income (loss) from continuing operations                 (58,146) 4,971    
Income (loss) from discontinued operations, net of tax benefit (expense) of $(88), $0 and $813 for fiscal years 2015, 2014 and 2013, respectively                 $ 139 $ (45)    
Basic net income (loss) from continuing operations                 $ (0.97) $ 0.08    
Basic net income (loss) from discontinued operations                 0.00 0.00    
Earnings Per Share, Basic                 (0.97) 0.08    
Diluted net income (loss) from continuing operations                 (0.97) 0.08    
Diluted net income (loss) from discontinued operations                 0.00 0.00    
Earnings Per Share, Diluted                 $ (0.97) $ 0.08    
Weighted Average Number of Shares Outstanding, Basic                 59,985 58,786    
Effect of dilutive securities: restricted stock, restricted stock units, performance stock units and stock options(5)                 0 1,262    
Weighted Average Number of Shares Outstanding, Diluted                 59,985 60,048    
Comprehensive Income (Loss), Net of Tax, Attributable to Parent                 $ (58,007) $ 4,926    
Depreciation, Amortization and Accretion, Net                 7,416 5,511    
Stock-based compensation                 2,605 1,871    
Foreign Currency Transaction Gain (Loss), Unrealized                 23 33    
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property                 117 8    
Restructuring                 3,243 335    
Deferred taxes                 (127) (8,990)    
Increase (Decrease) in Accounts Receivable                 3,986 (2,139)    
Increase (Decrease) in Inventories                 8,186 595    
Increase (Decrease) in Other Current Assets                 (1,661) 742    
Increase (Decrease) in Other Operating Assets and Liabilities, Net                 137 190    
Deferred revenue                 605 (404)    
Accounts payable and accrued expenses                 (3,492) (3,223)    
Accrued compensation                 (3,420) 2,142    
Net Cash Provided by (Used in) Operating Activities                 (9,287) 1,597    
Maturities of held-to maturity short-term debt securities                 22,776 28,514    
Maturities of other short-term investments                 1,985 3,682    
Payments to Acquire Held-to-maturity Securities                 (24,662) (21,955)    
Payments to Acquire Short-term Investments                 (8,421) (1,476)    
Payments to Acquire Property, Plant, and Equipment                 (2,137) (443)    
Other Payments to Acquire Businesses                 (304) (66,170)    
Increase (Decrease) in Restricted Cash                   2,500    
Net Cash Provided by (Used in) Investing Activities                 (10,763) (55,348)    
Payments for Repurchase of Common Stock                 (863) (359)    
Payments for Previous Acquisition                 (1,104) 0    
Proceeds from stock options exercised                 257 1,677    
Net Cash Provided by (Used in) Financing Activities                 (1,710) 1,318    
Effect of Exchange Rate on Cash and Cash Equivalents                 (7) (7)    
Cash and Cash Equivalents, Period Increase (Decrease)                 (21,767) (52,440)    
Restatement Adjustment [Member]                        
Error Corrections and Prior Period Adjustments Restatement [Line Items]                        
Cash and Cash Equivalents, at Carrying Value 0       0       0 0 0  
Net income (loss)                 (895) (550) [1]    
Goodwill impairment     $ 895           895      
Short-term investments 0       0       0 0    
Accounts receivable (net of allowance of $408 and $82 as of March 31, 2015 and 2014, respectively) 0       0       0 0    
Inventories 0       0       0 0    
Prepaid Expense and Other Assets, Current 0       0       0 0    
Deferred income tax assets 70       550       70 550    
Assets, Current 70       550       70 550    
Land 0       0       0 0    
Machinery and Equipment, Gross 0       0       0 0    
Office, computer and research equipment 0       0       0 0    
Leasehold Improvements, Gross 0       0       0 0    
Property, Plant and Equipment, Gross 0       0       0 0    
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 0       0       0 0    
Property, Plant and Equipment, Net 0       0       0 0    
Goodwill 0       895       0 895    
Intangible Assets, Net (Excluding Goodwill) 0       0       0 0    
Other Assets, Noncurrent 0       0       0 0    
Assets 70       1,445       70 1,445    
Accounts Payable, Current 0       0       0 0    
Accrued Liabilities, Current 1,445       1,445       1,445 1,445    
Accrued restructuring 0       0       0 0    
Employee-related Liabilities, Current 0       0       0 0    
Contingent consideration 0       0       0 0    
Deferred revenue 0       0       0 0    
Liabilities, Current 1,445       1,445       1,445 1,445    
Deferred revenue non-current 0               0      
Deferred income tax liability 70       550       70 550    
Accrued restructuring non-current 0       0       0 0    
Contingent consideration non-current 0       0       0 0    
Other Liabilities, Noncurrent 0       0       0 0    
Liabilities 1,515       1,995       1,515 1,995    
Additional paid-in capital 0       0       0 0    
Treasury Stock, Value 0       0       0 0    
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax 0       0       0 0    
Retained Earnings (Accumulated Deficit) (1,445)       (550)       (1,445) (550)    
Stockholders' Equity Attributable to Parent (1,445)       (550)       (1,445) (550)    
Liabilities and Equity 70       1,445       70 1,445    
Revenue                 0 0    
Cost of revenue                 0 0 709 [3]  
Gross profit                 0 0 (709) [3]  
Selling and Marketing Expense                 0 0 $ (709) [3]  
Research and Development Expense                 0 0    
General and Administrative Expense                 0 0    
Intangible amortization                 0 0    
Restructuring                 0 0    
Operating Expenses                 895 0    
Operating Income (Loss)                 (895) 0    
Other Nonoperating Income (Expense)                 0 0    
Income (loss) before income taxes and discontinued operations                 (895) 0    
Income tax benefit (expense)         550 $ 0 $ 0 $ 0 0 550 [1]    
Net income (loss) from continuing operations                 (895) (550)    
Income (loss) from discontinued operations, net of tax benefit (expense) of $(88), $0 and $813 for fiscal years 2015, 2014 and 2013, respectively                 $ 0 $ 0    
Basic net income (loss) from continuing operations                 $ (0.01) $ (0.01)    
Basic net income (loss) from discontinued operations                 0.00 0.00    
Earnings Per Share, Basic                 (0.01) (0.01)    
Diluted net income (loss) from continuing operations                 (0.01) (0.01)    
Diluted net income (loss) from discontinued operations                 0.00 0.00    
Earnings Per Share, Diluted                 $ (0.01) $ (0.01)    
Weighted Average Number of Shares Outstanding, Basic                 0 0    
Effect of dilutive securities: restricted stock, restricted stock units, performance stock units and stock options(5)                 0 0    
Weighted Average Number of Shares Outstanding, Diluted                 0 0    
Comprehensive Income (Loss), Net of Tax, Attributable to Parent                 $ (895)      
Depreciation, Amortization and Accretion, Net                 0 $ 0    
Stock-based compensation                 0 0    
Foreign Currency Transaction Gain (Loss), Unrealized                 0 0    
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property                 0 0    
Restructuring                 0 0    
Deferred taxes                 0 550    
Increase (Decrease) in Accounts Receivable                 0 0    
Increase (Decrease) in Inventories                 0 0    
Increase (Decrease) in Other Current Assets                 0 0    
Increase (Decrease) in Other Operating Assets and Liabilities, Net                 0 0    
Deferred revenue                 0 0    
Accounts payable and accrued expenses                 0 0    
Accrued compensation                 0 0    
Net Cash Provided by (Used in) Operating Activities                 0 0    
Maturities of held-to maturity short-term debt securities                 0 0    
Maturities of other short-term investments                 0 0    
Payments to Acquire Held-to-maturity Securities                 0 0    
Payments to Acquire Short-term Investments                 0 0    
Payments to Acquire Property, Plant, and Equipment                 0 0    
Other Payments to Acquire Businesses                 0 0    
Net Cash Provided by (Used in) Investing Activities                 0 0    
Payments for Repurchase of Common Stock                 0 0    
Payments for Previous Acquisition                 0 0    
Proceeds from stock options exercised                 0 0    
Net Cash Provided by (Used in) Financing Activities                 0 0    
Effect of Exchange Rate on Cash and Cash Equivalents                 0 0    
Cash and Cash Equivalents, Period Increase (Decrease)                 0 0    
Class A Common Stock [Member]                        
Error Corrections and Prior Period Adjustments Restatement [Line Items]                        
Common stock, value 468       459       468 459    
Class A Common Stock [Member] | Scenario, Previously Reported [Member]                        
Error Corrections and Prior Period Adjustments Restatement [Line Items]                        
Common stock, value 468       459       468 459    
Class A Common Stock [Member] | Restatement Adjustment [Member]                        
Error Corrections and Prior Period Adjustments Restatement [Line Items]                        
Common stock, value 0       0       0 0    
Class B Common Stock [Member]                        
Error Corrections and Prior Period Adjustments Restatement [Line Items]                        
Common stock, value 139       139       139 139    
Class B Common Stock [Member] | Scenario, Previously Reported [Member]                        
Error Corrections and Prior Period Adjustments Restatement [Line Items]                        
Common stock, value 139       139       139 139    
Class B Common Stock [Member] | Restatement Adjustment [Member]                        
Error Corrections and Prior Period Adjustments Restatement [Line Items]                        
Common stock, value $ 0       $ 0       $ 0 $ 0    
[1] See Note 1 for restatement information.
[2] Certain amounts have been adjusted to reflect measurement period adjustments related to the CSI acquisition (see Note 2).
[3] Certain amounts have been reclassified to reflect a change in accounting principle (see Note 1).
[4] Sums may not total due to rounding.
[5] The Company had 0.6 million shares represented by options for the twelve months ended March 31, 2014, which were not included in the computation of average dilutive shares outstanding because they were anti-dilutive. In periods with a net loss from continuing operations, the basic loss per share equals the diluted loss per share as all common stock equivalents are excluded from the per share calculation.