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
 6 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net income (loss) $ 31 $ (21,982)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation 2,710 3,361
Amortization of intangible assets 96 185
Amortization of debt issuance costs 336 648
Service parts lower of cost or market adjustment 2,659 3,050
Deferred income taxes 17 35
Share-based compensation 3,648 5,100
Changes in assets and liabilities:    
Accounts receivable (1,951) 31,896
Manufacturing inventories 2,429 10,050
Service parts inventories (766) (526)
Accounts payable 4,875 1,624
Accrued warranty (59) (746)
Deferred revenue (9,162) (16,429)
Accrued restructuring charges (219) (2,017)
Accrued compensation 1,049 (10,871)
Other assets and liabilities (3,112) (5,723)
Net cash provided by (used in) operating activities 2,581 (2,345)
Cash flows from investing activities:    
Purchases of property and equipment (1,249) (1,611)
Change in restricted cash (5) (110)
Net cash used in investing activities (1,254) (1,721)
Cash flows from financing activities:    
Borrowings of long-term debt, net 6,300 0
Repayments of long-term debt (11,959) 0
Restricted cash used to repay convertible subordinated debt 0 (16,280)
Payment of taxes due upon vesting of restricted stock (673) (3,101)
Proceeds from issuance of common stock 658 1,740
Net cash used in financing activities (5,674) (17,641)
Effect of exchange rate changes on cash and cash equivalents 5 (12)
Net decrease in cash and cash equivalents (4,342) (21,719)
Cash and cash equivalents at beginning of period 33,870 67,948
Cash and cash equivalents at end of period 29,528 46,229
Supplemental disclosure of cash flow information:    
Purchases of property and equipment included in accounts payable $ 217 $ 1,136