Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.3.1.900
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2015
Mar. 31, 2015
Current assets:    
Cash and cash equivalents $ 33,559 $ 14,026
Short-term investments 1,242 23,906
Accounts receivable (net of allowance of $47 and $53 at December 31, 2015, and March 31, 2015, respectively) 12,626 11,845
Inventories 14,071 16,205
Prepaid expenses and other current assets 2,519 3,285
Land held-for-sale   264
Total current assets 64,017 69,531
Property and equipment, gross 17,762 16,084
Less accumulated depreciation and amortization (13,471) (12,481)
Property and equipment, net 4,291 3,603
Intangible assets, net 21,693 25,942
Other non-current assets 108 258
Total assets 90,109 99,334
Current liabilities:    
Accounts payable 7,288 4,011
Accrued expenses 3,748 4,602
Restructuring Reserve, Current 1,092 1,161
Accrued compensation 2,189 974
Contingent consideration payable 714 1,184
Deferred revenue 1,199 2,415
Total current liabilities 16,230 14,347
Deferred revenue non-current 1,154 751
Deferred income tax liability 75 46
Restructuring Reserve, Noncurrent 827 1,642
Contingent consideration payable non-current   400
Other non-current liabilities 333 409
Total liabilities $ 18,619 $ 17,595
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Preferred stock, par $0.01, Authorized - 1,000,000 shares. Issued and outstanding - none $ 0 $ 0
Additional paid-in capital 413,997 413,026
Treasury stock at cost – 17,542,175 and 17,466,855 shares at December 31, 2015, and March 31, 2015, respectively (35,153) (35,066)
Cumulative translation adjustment 608 608
Accumulated deficit (308,572) (297,436)
Total stockholders’ equity 71,490 81,739
Total liabilities and stockholders’ equity 90,109 99,334
Class A Common Stock    
Stockholders’ equity:    
Common stock, value 471 468
Class B Common Stock    
Stockholders’ equity:    
Common stock, value $ 139 $ 139