Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.5.0.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2016
Mar. 31, 2016
Current assets:    
Cash and cash equivalents $ 29,528 $ 33,870
Restricted cash 2,801 2,788
Accounts receivable, net of allowance for doubtful accounts of $16 and $22, respectively 107,910 105,959
Manufacturing inventories 36,242 40,614
Service parts inventories 20,422 21,407
Other current assets 6,967 6,953
Total current assets 203,870 211,591
Long-term assets:    
Property and equipment, less accumulated depreciation 12,353 12,939
Intangible assets, less accumulated amortization 355 451
Other long-term assets 4,320 4,565
Total long-term assets 17,028 17,955
Total Assets 220,898 229,546
Current liabilities:    
Accounts payable 50,859 46,136
Accrued warranty 3,371 3,430
Deferred revenue, current 82,421 88,919
Accrued restructuring charges, current 1,784 1,621
Long-term debt, current 0 3,000
Accrued compensation 23,806 22,744
Other accrued liabilities 11,510 13,806
Total current liabilities 173,751 179,656
Long-term liabilities:    
Deferred revenue, long-term 32,763 35,427
Accrued restructuring charges, long-term 734 1,116
Long-term debt 60,250 62,709
Convertible subordinated debt, long-term, net of unamortized debt issuance costs of $517 and $747, respectively 69,483 69,253
Other long-term liabilities 7,340 8,324
Total long-term liabilities 170,570 176,829
Stockholders' deficit:    
Common stock, $0.01 par value; 1,000,000 shares authorized; 271,171 and 266,209 shares issued and outstanding at September 30, 2016 and March 31, 2016, respectively 2,712 2,662
Capital in excess of par 468,132 464,549
Accumulated deficit (597,963) (597,994)
Accumulated other comprehensive income 3,696 3,844
Total stockholders’ deficit (123,423) (126,939)
Total liabilities and stockholders' deficit $ 220,898 $ 229,546