Quarterly report pursuant to Section 13 or 15(d)

BALANCE SHEET INFORMATION

v3.19.2
BALANCE SHEET INFORMATION
3 Months Ended
Jun. 30, 2019
Balance Sheet Related Disclosures [Abstract]  
BALANCE SHEET DETAILS
NOTE 3: BALANCE SHEET INFORMATION
Certain significant amounts included in the Company’s condensed consolidated balances sheet consist of the following (in thousands):
 
   
As of June 30,
2019
   
As of March 31,
2019
 
Manufacturing inventories:
               
Finished goods
               
Manufactured finished goods
  $ 11,138     $ 8,160  
Distributor inventory
    2,314       3,345  
Total finished goods
    13,452       11,505  
Work in progress
    1,013       107  
Raw materials
    9,971       6,828  
   
 
 
   
 
 
 
Total manufacturing inventories
  $ 24,436     $ 18,440  
   
 
 
   
 
 
 
     
Service inventories:
               
Finished goods
  $ 14,144     $ 13,437  
Component parts
    5,019       5,633  
   
 
 
   
 
 
 
Total service inventories
  $ 19,163     $ 19,070  
   
 
 
   
 
 
 
     
Other current assets:
               
Insurance receivable
  $ 8,950     $ 8,950  
Prepayments
    4,688       3,856  
Other current assets
    4,667       5,289  
   
 
 
   
 
 
 
Total other current assets
  $ 18,305     $ 18,095  
   
 
 
   
 
 
 
     
Property and equipment, net:
               
Machinery and equipment
  $ 30,653     $ 30,306  
Furniture and fixtures
    2,020       2,073  
Leasehold improvements
    7,052       6,990  
   
 
 
   
 
 
 
      39,725       39,369  
Less: accumulated depreciation
    (31,722     (30,932
   
 
 
   
 
 
 
Total property and equipment, net
  $ 8,003     $ 8,437  
   
 
 
   
 
 
 
     
Other accrued liabilities:
               
Accrued expenses
  $ 6,500     $ 8,925  
Accrued settlement
    10,452       10,452  
Accrued warranty
    4,172       3,456  
Operating lease liabilities
    3,026        
Asset retirement obligation
    1,935       1,936  
Other accrued liabilities
    3,589       4,256  
   
 
 
   
 
 
 
Total other accrued liabilities
  $ 29,674     $ 29,025