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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified |
9 Months Ended | |
|---|---|---|
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Dec. 31, 2014
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Dec. 31, 2013
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| Cash flows from operating activities: | ||
| Net income (loss) | $ 3,855us-gaap_NetIncomeLoss | $ (7,070)us-gaap_NetIncomeLoss |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||
| Depreciation | 6,364us-gaap_Depreciation | 8,217us-gaap_Depreciation |
| Amortization of intangible assets | 3,537us-gaap_AmortizationOfIntangibleAssets | 6,673us-gaap_AmortizationOfIntangibleAssets |
| Amortization of debt issuance costs | 1,246us-gaap_AmortizationOfFinancingCosts | 1,225us-gaap_AmortizationOfFinancingCosts |
| Service parts lower of cost or market adjustment | 2,690qtm_ServicePartsInventoryWriteDown | 8,715qtm_ServicePartsInventoryWriteDown |
| Gain on sale of assets | (462)us-gaap_GainLossOnDispositionOfAssets1 | 0us-gaap_GainLossOnDispositionOfAssets1 |
| Deferred income taxes | (11)us-gaap_IncreaseDecreaseInDeferredIncomeTaxes | 86us-gaap_IncreaseDecreaseInDeferredIncomeTaxes |
| Share-based compensation | 8,655us-gaap_ShareBasedCompensation | 10,268us-gaap_ShareBasedCompensation |
| Other non-cash | (302)us-gaap_OtherOperatingActivitiesCashFlowStatement | 0us-gaap_OtherOperatingActivitiesCashFlowStatement |
| Changes in assets and liabilities, net of effect of acquisition: | ||
| Accounts receivable | (9,023)us-gaap_IncreaseDecreaseInAccountsReceivable | (7,443)us-gaap_IncreaseDecreaseInAccountsReceivable |
| Manufacturing inventories | (6,145)qtm_IncreaseDecreaseInManufacturingInventoriesNet | 5,372qtm_IncreaseDecreaseInManufacturingInventoriesNet |
| Service parts inventories | (686)qtm_IncreaseDecreaseInServicePartsInventoriesNet | 2,993qtm_IncreaseDecreaseInServicePartsInventoriesNet |
| Accounts payable | 9,325us-gaap_IncreaseDecreaseInAccountsPayable | (8,672)us-gaap_IncreaseDecreaseInAccountsPayable |
| Accrued warranty | (1,328)us-gaap_StandardProductWarrantyAccrualPeriodIncreaseDecrease | (1,393)us-gaap_StandardProductWarrantyAccrualPeriodIncreaseDecrease |
| Deferred revenue | (8,928)us-gaap_IncreaseDecreaseInDeferredRevenue | (1,182)us-gaap_IncreaseDecreaseInDeferredRevenue |
| Accrued restructuring charges | (2,197)us-gaap_RestructuringReservePeriodIncreaseDecrease | 309us-gaap_RestructuringReservePeriodIncreaseDecrease |
| Accrued compensation | 6,774us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities | (1,786)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities |
| Other assets and liabilities | (2,247)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet | (776)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet |
| Net cash provided by operating activities | 11,117us-gaap_NetCashProvidedByUsedInOperatingActivities | 15,536us-gaap_NetCashProvidedByUsedInOperatingActivities |
| Cash flows from investing activities: | ||
| Purchases of property and equipment | (2,882)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (5,026)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment |
| Proceeds from sale of assets | 462us-gaap_ProceedsFromSaleOfProductiveAssets | 0us-gaap_ProceedsFromSaleOfProductiveAssets |
| Change in restricted cash | (139)us-gaap_IncreaseDecreaseInRestrictedCash | 517us-gaap_IncreaseDecreaseInRestrictedCash |
| Purchases of other investments | (22)us-gaap_PaymentsToAcquireOtherInvestments | (534)us-gaap_PaymentsToAcquireOtherInvestments |
| Return of principal from other investments | 104us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments | 0us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments |
| Payment for business acquisition, net of cash acquired | (517)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired | 0us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired |
| Net cash used in investing activities | (2,994)us-gaap_NetCashProvidedByUsedInInvestingActivities | (5,043)us-gaap_NetCashProvidedByUsedInInvestingActivities |
| Cash flows from investing activities: | ||
| Payment of taxes due upon vesting of restricted stock | (2,212)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation | (1,807)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation |
| Proceeds from issuance of common stock | 2,060us-gaap_ProceedsFromIssuanceOfCommonStock | 2,431us-gaap_ProceedsFromIssuanceOfCommonStock |
| Net cash provided by (used in) financing activities | (152)us-gaap_NetCashProvidedByUsedInFinancingActivities | 624us-gaap_NetCashProvidedByUsedInFinancingActivities |
| Effect of exchange rate changes on cash and cash equivalents | (113)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents | 22us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents |
| Net increase in cash and cash equivalents | 7,858us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | 11,139us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
| Cash and cash equivalents at beginning of period | 99,125us-gaap_CashAndCashEquivalentsAtCarryingValue | 68,976us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Cash and cash equivalents at end of period | 106,983us-gaap_CashAndCashEquivalentsAtCarryingValue | 80,115us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Supplemental disclosure of cash flow information: | ||
| Purchases of property and equipment included in accounts payable | $ 90us-gaap_CapitalExpendituresIncurredButNotYetPaid | $ 514us-gaap_CapitalExpendituresIncurredButNotYetPaid |
| X | ||||||||||
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- Definition
The net change during the reporting period in the book value of finished goods inventory, work in process inventory, materials and purchase parts inventory. No definition available.
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| X | ||||||||||
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- Definition
The net change during the reporting period in the book value of service parts inventories. No definition available.
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| X | ||||||||||
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- Definition
Charge to cost of goods sold that represents the reduction of the carrying amount of service parts inventories, generally attributable to excess quantities held, obsolescence and market conditions. No definition available.
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Amount of noncash expense included in interest expense to issue debt and obtain financing associated with the related debt instruments. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Future cash outflow to pay for purchases of fixed assets that have occurred. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of increase (decrease) from the effect of exchange rate changes on cash and cash equivalent balances held in foreign currencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of gain (loss) on sale or disposal of assets, including but not limited to property plant and equipment, intangible assets and equity in securities of subsidiaries or equity method investee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the account that represents the temporary difference that results from Income or Loss that is recognized for accounting purposes but not for tax purposes and vice versa. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period, excluding the portion taken into income, in the liability reflecting revenue yet to be earned for which cash or other forms of consideration was received or recorded as a receivable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in other assets used in operating activities less other operating liabilities used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current assets and liabilities, other noncurrent assets and liabilities, or a combination of other current and noncurrent assets and liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The net cash inflow or outflow for the increase (decrease) associated with funds that are not available for withdrawal or use (such as funds held in escrow) and are associated with underlying transactions that are classified as investing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Other cash or noncash adjustments to reconcile net income to cash provided by (used in) operating activities that are not separately disclosed in the statement of cash flows (for example, cash received or cash paid during the current period for miscellaneous operating activities, net change during the reporting period in other assets or other liabilities). No definition available.
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| X | ||||||||||
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- Definition
Amount of cash outflow to satisfy an employee's income tax withholding obligation as part of a net-share settlement of a share-based award. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash outflow associated with other investments held by the entity for investment purposes not otherwise defined in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash inflow from the additional capital contribution to the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash inflow associated with the maturity (principal being due), prepayment and call (request of early payment) of other investments not otherwise defined in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash inflow from the sale of property, plant and equipment (capital expenditures), software, and other intangible assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Net total Increase or Decrease in the accrual for restructuring costs during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total increases or decreases in the standard product warranty liability for the period. Does not include increases or decreases in an extended warranty liability. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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