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, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net income (loss) $ (11,537) $ 552
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation 2,525 2,710
Amortization and write off of debt issuance costs 855 336
Service parts lower of cost or market adjustment 2,319 2,659
Tax benefit from settlement (1,656) 0
Non-cash interest expense 621 0
Deferred income taxes 144 17
Share-based compensation 3,330 3,648
Non-cash loss on debt extinguishment 9 0
Changes in assets and liabilities:    
Accounts receivable 10,284 (1,951)
Manufacturing inventories (1,752) 2,429
Service parts inventories (2,737) (766)
Accounts payable 6,537 4,875
Accrued warranty (313) (59)
Deferred revenue (9,329) (9,162)
Accrued restructuring charges 817 (219)
Accrued compensation (1,236) 1,049
Other assets and liabilities 815 (3,737)
Net cash provided by (used in) operating activities (304) 2,381
Cash flows from investing activities:    
Purchases of property and equipment (1,156) (1,249)
(Increase) decrease in restricted cash 6 (5)
Return of capital from investments 278 0
Net cash used in investing activities (872) (1,254)
Cash flows from financing activities:    
Borrowings of long-term debt 164,650 6,500
Repayments of long-term debt (160,245) (11,959)
Repayments of convertible subordinated debt (6,000) 0
Payment of taxes due upon vesting of restricted stock (1,775) (673)
Proceeds from issuance of common stock 1,010 658
Net cash used in financing activities (2,360) (5,474)
Effect of exchange rate changes on cash and cash equivalents 82 5
Net decrease in cash and cash equivalents (3,454) (4,342)
Cash and cash equivalents at beginning of period 12,958 33,870
Cash and cash equivalents at end of period 9,504 29,528
Supplemental disclosure of cash flow information:    
Purchases of property and equipment included in accounts payable $ 335 $ 217