Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Mar. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 10,806 $ 10,790
Accounts receivable, net of allowance for doubtful accounts of $291 and $68 as of June 30, 2019 and March 31, 2019, respectively 67,329 86,828
Manufacturing inventories 24,436 18,440
Service part inventories 19,163 19,070
Other current assets 18,305 18,095
Restricted cash 1,042 1,065
Total current assets 141,081 154,288
Long-term assets:    
Property and equipment, net 8,003 8,437
Operating lease right-of-use assets 11,928  
Restricted cash, long-term 5,000 5,000
Other long term assets 6,092 5,146
Total assets 172,104 172,871
Current liabilities    
Accounts payable 39,986 37,395
Deferred revenue, current 81,206 90,407
Accrued restructuring charges, current 2,405 2,876
Long-term debt current portion 1,650 1,650
Accrued compensation 13,279 17,117
Other accrued liabilities 29,674 29,025
Total current liabilities 168,200 178,470
Long-term liabilities:    
Deferred revenue, long-term 38,771 36,733
Long-term debt, net of current portion 146,122 145,621
Operating lease liabilities 9,928  
Other long-term liabilities 11,599 11,827
Total liabilities 374,620 372,651
Stockholders' deficit    
Preferred stock, 20,000 shares authorized; no shares issued or outstanding at June 30, 2019 and March 31, 2019 0 0
Common stock, $0.01 par value; 1,000,000 shares authorized; 36,046 and 36,040 shares issued and outstanding at June 30, 2019 and March 31, 2019, respectively 360 360
Additional paid in capital 500,211 499,224
Accumulated deficit (701,761) (697,954)
Accumulated other comprehensive loss (1,326) (1,410)
Total stockholders' deficit (202,516) (199,780)
Total liabilities and stockholders' deficit $ 172,104 $ 172,871