Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.8.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Mar. 31, 2017
Current assets:    
Cash and cash equivalents $ 9,504 $ 12,958
Restricted cash 1,969 1,832
Accounts receivable, net of allowance for doubtful accounts of $317 and $16, respectively 105,771 116,056
Manufacturing inventories 29,119 27,661
Service parts inventories 19,915 19,849
Other current assets 8,795 9,969
Total current assets 175,073 188,325
Long-term assets:    
Property and equipment, net of accumulated depreciation 10,745 11,186
Restricted cash 20,000 20,000
Other long-term assets 5,332 5,516
Total long-term assets 36,077 36,702
Total Assets 211,150 225,027
Current liabilities:    
Accounts payable 48,488 41,611
Accrued warranty 2,950 3,263
Deferred revenue 77,090 84,683
Accrued restructuring charges 1,743 869
Convertible subordinated debt, net 57,034 62,827
Accrued compensation 23,180 24,104
Other accrued liabilities 12,927 12,998
Total current liabilities 223,412 230,355
Long-term liabilities:    
Deferred revenue 35,906 37,642
Accrued restructuring charges 423 481
Long-term debt, net 70,631 65,028
Other long-term liabilities 5,112 7,520
Total long-term liabilities 112,072 110,671
Stockholders' deficit:    
Common stock, $0.01 par value; 125,000 shares authorized; 34,663 and 34,063 shares issued and outstanding at September 30, 2017 and March 31, 2017, respectively 347 341
Capital in excess of par 476,409 473,850
Accumulated deficit (604,832) (593,295)
Accumulated other comprehensive income 3,742 3,105
Total stockholders’ deficit (124,334) (115,999)
Total liabilities and stockholders' deficit $ 211,150 $ 225,027