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, unless otherwise specified
3 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net income (loss) $ (4,324) $ 3,281
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 2,198 2,872
Amortization of intangible assets 2,234 2,224
Amortization of debt issuance costs 411 409
Service parts lower of cost or market adjustment 1,154 4,028
Gain on sale of assets (462)   
Deferred income taxes (77) 128
Share-based compensation 3,068 3,356
Other non-cash (259)   
Changes in assets and liabilities:    
Accounts receivable 11,140 10,699
Manufacturing inventories 597 337
Service parts inventories (63) 913
Accounts payable (3,010) (12,372)
Accrued warranty (218) (505)
Deferred revenue (6,446) (2,169)
Accrued restructuring charges (927) 1,026
Accrued compensation 1,549 (2,370)
Other assets and liabilities (291) (2,684)
Net cash provided by operating activities 6,274 9,173
Cash flows from investing activities:    
Purchases of property and equipment (1,371) (1,230)
Proceeds from sale of assets 462   
Increase in restricted cash (20) (37)
Net cash used in investing activities (929) (1,267)
Cash flows from financing activities:    
Payment of taxes due upon vesting of restricted stock (119) (203)
Proceeds from issuance of common stock 114 60
Net cash used in financing activities (5) (143)
Effect of exchange rate changes on cash and cash equivalents (1) (8)
Net increase in cash and cash equivalents 5,339 7,755
Cash and cash equivalents at beginning of period 99,125 68,976
Cash and cash equivalents at end of period 104,464 76,731
Supplemental disclosure of cash flow information:    
Purchases of property and equipment included in accounts payable $ 302 $ 746