Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:    
Net income (loss) $ (22,281) $ 3,855
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation 4,945 6,364
Amortization of intangible assets 233 3,537
Amortization and write-off of debt issuance costs 894 1,246
Service parts lower of cost or market adjustment 4,640 2,690
Gain on sale of assets 0 (462)
Deferred income taxes (1) (11)
Share-based compensation 7,339 8,655
Changes in assets and liabilities, net of effect of acquisition:    
Accounts receivable 22,890 (9,023)
Manufacturing inventories 13,503 (6,145)
Service parts inventories (547) (686)
Accounts payable (12,708) 9,325
Accrued warranty (797) (1,328)
Deferred revenue (14,833) (8,928)
Accrued restructuring charges (2,258) (2,197)
Accrued compensation (10,711) 6,774
Other assets and liabilities (6,222) (2,549)
Net cash provided by (used in) operating activities (15,914) 11,117
Cash flows from investing activities:    
Purchases of property and equipment (2,800) (2,882)
Proceeds from sale of assets 0 462
Change in restricted cash (142) (139)
Purchases of other investments 0 (22)
Return of principal from other investments 0 104
Payment for business acquisition, net of cash acquired 0 (517)
Net cash used in investing activities (2,942) (2,994)
Cash flows from financing activities:    
Borrowings of long-term debt, net 68,920 0
Repayments of convertible subordinated debt (83,735) 0
Payment of taxes due upon vesting of restricted stock (3,112) (2,212)
Proceeds from issuance of common stock 1,772 2,060
Net cash used in financing activities (16,155) (152)
Effect of exchange rate changes on cash and cash equivalents (18) (113)
Net increase (decrease) in cash and cash equivalents (35,029) 7,858
Cash and cash equivalents at beginning of period 67,948 99,125
Cash and cash equivalents at end of period 32,919 106,983
Supplemental disclosure of cash flow information:    
Purchases of property and equipment included in accounts payable $ 430 $ 90