Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.5.0.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2016
Mar. 31, 2016
Current assets:    
Cash and cash equivalents $ 34,496 $ 33,870
Restricted cash 2,782 2,788
Accounts receivable, net of allowance for doubtful accounts of $137 and $22, respectively 90,533 105,959
Manufacturing inventories 36,197 40,614
Service parts inventories 20,649 21,407
Other current assets 7,106 6,953
Total current assets 191,763 211,591
Long-term assets:    
Property and equipment, less accumulated depreciation 12,172 12,939
Intangible assets, less accumulated amortization 403 451
Other long-term assets 4,412 4,565
Total long-term assets 16,987 17,955
Total Assets 208,750 229,546
Current liabilities:    
Accounts payable 37,593 46,136
Accrued warranty 3,444 3,430
Deferred revenue, current 86,638 88,919
Accrued restructuring charges, current 2,516 1,621
Long-term debt, current 300 3,000
Accrued compensation 23,265 22,744
Other accrued liabilities 10,794 13,806
Total current liabilities 164,550 179,656
Long-term liabilities:    
Deferred revenue, long-term 33,282 35,427
Accrued restructuring charges, long-term 947 1,116
Long-term debt 61,450 62,709
Convertible subordinated debt, long-term, net of unamortized debt issuance costs of $632 and $747, respectively 69,368 69,253
Other long-term liabilities 8,213 8,324
Total long-term liabilities 173,260 176,829
Stockholders' deficit:    
Common stock, $0.01 par value; 1,000,000 shares authorized; 266,469 and 266,209 shares issued and outstanding at June 30, 2016 and March 31, 2016, respectively 2,665 2,662
Capital in excess of par 466,517 464,549
Accumulated deficit (601,789) (597,994)
Accumulated other comprehensive income 3,547 3,844
Total stockholders’ deficit (129,060) (126,939)
Total liabilities and stockholders' deficit $ 208,750 $ 229,546