Quantum Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

RESTATEMENT - Consolidated Balance Sheets (Details)

RESTATEMENT - Consolidated Balance Sheets (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Mar. 31, 2018	Sep. 30, 2017	Mar. 31, 2017
Current Assets
Cash and cash equivalents	$ 5,704	$ 10,865	$ 13,983
Accounts receivable,	76,304	96,350	99,226
Manufacturing inventories	21,084	34,428	34,712
Service part inventories	18,642	21,889	19,915
Other current assets	11,291	13,565	9,581
Restricted cash	6,124	1,342	3,063
Total current assets	139,149	178,439	180,480
Property and equipment, less accumulated depreciation	8,925	9,698	10,420
Restricted cash, long-term		5,000	20,000
Other long-term assets	6,120	9,502	6,750
Total assets	154,194	202,639	217,650
Current liabilities:
Accounts payable	45,021	62,646	48,488
Deferred revenue, current	89,020	96,866	88,505
Accrued restructuring charges, current	4,437	3,166	2,370
Convertible subordinated debt, current			57,034
Accrued compensation	15,559	19,460	22,255
Other accrued liabilities	29,150	17,638	16,561
Total current liabilities	310,701	207,276	235,213
Deferred revenue, long-term	34,577	38,587	36,774
Accrued restructuring charges, long-term		2,653	3,615
Long-term debt, net of current portion		115,986	76,491
Other long-term liabilities	10,564	11,604	11,036
Total liabilities	355,842	376,106	363,129
Commitment and contingencies (Note 12)
Stockholders' deficit
Common stock	356	354	347
Additional paid-in capital			476,093
Accumulated deficit	(684,257)	(655,157)	(621,029)
Accumulated other comprehensive income (loss)	(1,243)	(274)	(890)
Total stockholders' deficit	(201,648)	(173,467)	(145,479)	$ (139,296)
Total liabilities and stockholders' deficit	$ 154,194	$ 202,639	217,650
Previously Reported [Member]
Current Assets
Cash and cash equivalents			9,504
Accounts receivable,			105,771
Manufacturing inventories			29,119
Service part inventories			19,915
Other current assets			8,795
Restricted cash			1,969
Total current assets			175,073
Property and equipment, less accumulated depreciation			10,745
Restricted cash, long-term			20,000
Other long-term assets			5,332
Total assets			211,150
Current liabilities:
Accounts payable			48,488
Accrued warranty			2,950
Deferred revenue, current			77,090
Accrued restructuring charges, current			1,743
Convertible subordinated debt, current			57,034
Accrued compensation			23,180
Other accrued liabilities			12,927
Total current liabilities			223,412
Deferred revenue, long-term			35,906
Accrued restructuring charges, long-term			423
Long-term debt, net of current portion			70,631
Other long-term liabilities			5,112
Total liabilities			335,484
Commitment and contingencies (Note 12)
Stockholders' deficit
Common stock			347
Additional paid-in capital			476,409
Accumulated deficit			(604,832)
Accumulated other comprehensive income (loss)			3,742
Total stockholders' deficit			(124,334)
Total liabilities and stockholders' deficit			211,150
Restatement Adjustment [Member]
Current Assets
Cash and cash equivalents			4,479
Accounts receivable,			(6,545)
Manufacturing inventories			5,593
Other current assets			786
Restricted cash			1,094
Total current assets			5,407
Property and equipment, less accumulated depreciation			(325)
Other long-term assets			1,418
Total assets			6,500
Current liabilities:
Accrued warranty			(2,950)
Deferred revenue, current			11,415
Accrued restructuring charges, current			627
Accrued compensation			(925)
Other accrued liabilities			3,634
Total current liabilities			11,801
Deferred revenue, long-term			868
Accrued restructuring charges, long-term			3,192
Long-term debt, net of current portion			5,860
Other long-term liabilities			5,924
Total liabilities			27,645
Commitment and contingencies (Note 12)
Stockholders' deficit
Additional paid-in capital			(316)
Accumulated deficit			(16,197)
Accumulated other comprehensive income (loss)			(4,632)
Total stockholders' deficit			(21,145)
Total liabilities and stockholders' deficit			$ 6,500