Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

 v2.3.0.11
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands
3 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net loss $ (5,226) $ (2,696)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation 2,982 2,974
Amortization 6,482 9,477
Service parts lower of cost or market adjustment 1,735 4,458
Deferred income taxes (493) 156
Share-based compensation 3,017 3,042
Changes in assets and liabilities, net of effect of acquisition:    
Accounts receivable 18,150 (2,152)
Manufacturing inventories (2,564) (3,204)
Service parts inventories 1,328 (321)
Accounts payable (1,364) (4,559)
Accrued warranty 123 (69)
Deferred revenue (7,055) (15,185)
Accrued restructuring charges (2,486) (1,351)
Accrued compensation (1,019) (4,136)
Income taxes payable 303 (623)
Other assets and liabilities (2,545) (1,520)
Net cash provided by (used in) operating activities 11,368 (15,709)
Cash flows from investing activities:    
Purchases of property and equipment (3,413) (2,193)
Decrease in restricted cash 300 72
Return of principal from other investments 0 95
Payment for business acquisition, net of cash acquired (8,152) 0
Net cash used in investing activities (11,265) (2,026)
Cash flows from financing activities:    
Repayments of long-term debt (5,267) (471)
Payment of taxes due upon vesting of restricted stock (424) (429)
Proceeds from issuance of common stock 3,433 1,037
Net cash provided by (used in) financing activities (2,258) 137
Effect of exchange rate changes on cash and cash equivalents (26) (61)
Net decrease in cash and cash equivalents (2,181) (17,659)
Cash and cash equivalents at beginning of period 76,010 114,947
Cash and cash equivalents at end of period 73,829 97,288
Fair value of common stock issued for business combination $ 2,767 $ 0