Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.3.0.814
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2015
Mar. 31, 2015
Current assets:    
Cash and cash equivalents $ 46,229 $ 67,948
Restricted cash 19,042 2,621
Accounts receivable, net of allowance for doubtful accounts of $41 and $27, respectively 92,263 124,159
Manufacturing inventories 37,992 50,274
Service parts inventories 23,267 24,640
Other current assets 12,091 11,942
Total current assets 230,884 281,584
Long-term assets:    
Property and equipment, less accumulated depreciation 14,697 14,653
Intangible assets, less accumulated amortization 546 731
Goodwill 55,613 55,613
Other long-term assets 3,645 4,577
Total long-term assets 74,501 75,574
Total Assets 305,385 357,158
Current liabilities:    
Accounts payable 56,707 54,367
Accrued warranty 3,473 4,219
Deferred revenue, current 85,310 95,899
Accrued restructuring charges, current 1,868 3,855
Convertible subordinated debt, current, net of unamortized debt issuance costs of $78 and $390, respectively 17,540 83,345
Accrued compensation 24,585 35,414
Other accrued liabilities 14,216 20,740
Total current liabilities 203,699 297,839
Long-term liabilities:    
Deferred revenue, long-term 33,692 39,532
Accrued restructuring charges, long-term 961 991
Convertible subordinated debt, long-term, net of unamortized debt issuance costs of $977 and $1,207, respectively 135,140 68,793
Other long-term liabilities 10,352 10,441
Total long-term liabilities 180,145 119,757
Stockholders' deficit:    
Common stock, $0.01 par value; 1,000,000 shares authorized; 263,893 and 258,208 shares issued and outstanding at September 30, 2015 and March 31, 2015, respectively 2,639 2,582
Capital in excess of par 460,093 456,411
Accumulated deficit (545,293) (523,311)
Accumulated other comprehensive income 4,102 3,880
Total stockholders’ deficit (78,459) (60,438)
Total liabilities and stockholders' deficit $ 305,385 $ 357,158