Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.1.9
Consolidated Balance Sheets (USD $)
Mar. 31, 2015
Mar. 31, 2014
Current assets:    
Cash and cash equivalents $ 14,026,000us-gaap_CashAndCashEquivalentsAtCarryingValue $ 35,793,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Short-term investments 23,906,000us-gaap_ShortTermInvestments 15,584,000us-gaap_ShortTermInvestments
Accounts receivable (net of allowance of $408 and $82 as of March 31, 2015 and 2014, respectively) 11,845,000us-gaap_AccountsReceivableNetCurrent 15,831,000us-gaap_AccountsReceivableNetCurrent [1]
Inventories 16,205,000us-gaap_InventoryNet 24,056,000us-gaap_InventoryNet [1]
Prepaid expenses and other current assets 3,285,000us-gaap_PrepaidExpenseAndOtherAssetsCurrent 1,952,000us-gaap_PrepaidExpenseAndOtherAssetsCurrent [1]
Deferred income tax assets 973,000us-gaap_DeferredTaxAssetsNetCurrent 899,000us-gaap_DeferredTaxAssetsNetCurrent
Land held-for-sale 264,000us-gaap_LandAvailableForSale 264,000us-gaap_LandAvailableForSale
Total current assets 70,504,000us-gaap_AssetsCurrent 94,379,000us-gaap_AssetsCurrent [1]
Property and equipment:    
Land 672,000us-gaap_Land 780,000us-gaap_Land
Machinery and equipment 1,701,000us-gaap_MachineryAndEquipmentGross 1,413,000us-gaap_MachineryAndEquipmentGross
Office, computer and research equipment 6,260,000us-gaap_FurnitureAndFixturesGross 9,039,000us-gaap_FurnitureAndFixturesGross [1]
Leasehold improvements 7,451,000us-gaap_LeaseholdImprovementsGross 7,450,000us-gaap_LeaseholdImprovementsGross
Total property and equipment, gross 16,084,000us-gaap_PropertyPlantAndEquipmentGross 18,682,000us-gaap_PropertyPlantAndEquipmentGross [1]
Less accumulated depreciation and amortization (12,481,000)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment (16,001,000)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
Property and equipment, net 3,603,000us-gaap_PropertyPlantAndEquipmentNet 2,681,000us-gaap_PropertyPlantAndEquipmentNet [1]
Goodwill 0us-gaap_Goodwill 31,102,000us-gaap_Goodwill [1]
Other intangible assets, net 25,942,000us-gaap_IntangibleAssetsNetExcludingGoodwill 32,319,000us-gaap_IntangibleAssetsNetExcludingGoodwill [1]
Other non-current assets 258,000us-gaap_OtherAssetsNoncurrent 393,000us-gaap_OtherAssetsNoncurrent
Total assets 100,307,000us-gaap_Assets 160,874,000us-gaap_Assets [1]
Current liabilities:    
Accounts payable 4,011,000us-gaap_AccountsPayableCurrent 7,508,000us-gaap_AccountsPayableCurrent [1]
Accrued expenses 3,157,000us-gaap_AccruedLiabilitiesCurrent 2,920,000us-gaap_AccruedLiabilitiesCurrent
Accrued restructuring 1,161,000us-gaap_RestructuringReserveCurrent 57,000us-gaap_RestructuringReserveCurrent
Accrued expenses 974,000us-gaap_EmployeeRelatedLiabilitiesCurrent 4,395,000us-gaap_EmployeeRelatedLiabilitiesCurrent
Contingent consideration 1,184,000us-gaap_BusinessCombinationContingentConsiderationLiability 2,067,000us-gaap_BusinessCombinationContingentConsiderationLiability
Deferred revenue 2,415,000us-gaap_DeferredRevenueCurrent 1,774,000us-gaap_DeferredRevenueCurrent
Total current liabilities 12,902,000us-gaap_LiabilitiesCurrent 18,721,000us-gaap_LiabilitiesCurrent [1]
Deferred revenue non-current 751,000us-gaap_DeferredRevenueNoncurrent 787,000us-gaap_DeferredRevenueNoncurrent
Deferred income tax liability 1,019,000us-gaap_DeferredTaxLiabilities 1,072,000us-gaap_DeferredTaxLiabilities
Accrued restructuring non-current 1,642,000us-gaap_RestructuringReserveNoncurrent  
Contingent consideration non-current 400,000wstl_BusinessCombinationContingentConsiderationLiabilityNonCurrent 574,000wstl_BusinessCombinationContingentConsiderationLiabilityNonCurrent
Other non-current liabilities 409,000us-gaap_OtherLiabilitiesNoncurrent 528,000us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 17,123,000us-gaap_Liabilities 21,682,000us-gaap_Liabilities [1]
Commitments and contingencies (see Notes 2 and 6)      
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 413,026,000us-gaap_AdditionalPaidInCapital 410,176,000us-gaap_AdditionalPaidInCapital
Treasury stock at cost – 17,466,855 and 17,130,965 shares at March 31, 2015 and 2014, respectively (35,066,000)us-gaap_TreasuryStockValue (34,206,000)us-gaap_TreasuryStockValue
Cumulative translation adjustment 608,000us-gaap_AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax 608,000us-gaap_AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
Accumulated deficit (295,991,000)us-gaap_RetainedEarningsAccumulatedDeficit (237,984,000)us-gaap_RetainedEarningsAccumulatedDeficit [1]
Total stockholders’ equity 83,184,000us-gaap_StockholdersEquity 139,192,000us-gaap_StockholdersEquity [1]
Total liabilities and stockholders’ equity 100,307,000us-gaap_LiabilitiesAndStockholdersEquity 160,874,000us-gaap_LiabilitiesAndStockholdersEquity [1]
Class A Common Stock [Member]    
Stockholders' equity:    
Common stock, value 468,000us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember 		459,000us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
Class B Common Stock [Member]    
Stockholders' equity:    
Common stock, value $ 139,000us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember 		$ 139,000us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
[1] Certain amounts have been adjusted to reflect measurement period adjustments related to the CSI acquisition (see Note 2).