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

Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES

INVENTORIES

3 Months Ended

Jun. 30, 2014

INVENTORIES [Abstract]

INVENTORIES

NOTE 4: INVENTORIES

Manufacturing inventories and service parts inventories consisted of the following (in thousands):

	As of
	June 30, 2014		March 31, 2014
Manufacturing inventories:
Finished goods	$	19,430	$	18,069
Work in process		270		1,056
Materials and purchased parts		13,422		15,690
	$	33,122	$	34,815

	As of
	June 30, 2014		March 31, 2014
Service parts inventories:
Finished goods	$	16,471	$	17,926
Component parts		8,316		7,703
	$	24,787	$	25,629

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

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