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3. BALANCE SHEET DETAIL (Tables)
9 Months Ended
Dec. 31, 2015
Balance Sheet Detail  
Schedule of Inventories

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2015

 

March 31, 2015

 

 

 

 

 

 

 

 

 

(In thousands)

Inventories:

 

 

 

 

 

 

Work-in-progress

   

$

1,669

    

$

2,422

Finished goods

 

 

5,379

 

 

5,362

Inventory at distributors

 

 

395

 

 

628

 

 

$

7,443

 

$

8,412

 

Schedule of Accounts Receivable, Net

 

 

 

 

 

 

 

 

 

December 31, 2015

 

March 31, 2015

 

 

(In thousands)

Accounts receivable, net:

 

 

 

 

 

 

Accounts receivable

   

$

8,754

    

$

8,360

 Less: Allowances for sales returns, doubtful accounts and other

 

 

(100)

 

 

(103)

 

 

$

8,654

 

$

8,257

 

Schedule of Prepaid Expenses and Other Current Assets

 

 

 

 

 

 

 

 

 

December 31, 2015

 

March 31, 2015

 

 

(In thousands)

Prepaid expenses and other current assets:

 

 

 

 

 

 

Prepaid tooling and masks

 

$

1,767

 

$

1,208

Prepaid income taxes

 

 

 —

 

 

139

Other receivables

 

 

306

 

 

350

Other prepaid expenses and other current assets

 

 

641

 

 

600

 

 

$

2,714

 

$

2,297

 

Schedule of Property and Equipment, Net

 

 

 

 

 

 

 

 

 

December 31, 2015

 

March 31, 2015

 

 

(In thousands)

Property and equipment, net:

 

 

 

 

 

 

Computer and other equipment

 

$

18,351

 

$

17,264

Software

 

 

4,793

 

 

4,792

Land

 

 

3,900

 

 

3,900

Building and building improvements

 

 

2,256

 

 

2,256

Furniture and fixtures

 

 

114

 

 

110

Leasehold improvements

 

 

820

 

 

791

 

 

 

30,234

 

 

29,113

Less: Accumulated depreciation and amortization

 

 

(21,313)

 

 

(20,405)

 

 

$

8,921

 

$

8,708

 

Schedule of Other Assets

 

 

 

 

 

 

 

 

 

December 31, 2015

 

March 31, 2015

 

 

(In thousands)

Other assets:

 

 

 

 

 

 

Non-current deferred income taxes

 

$

31

 

$

27

Intangibles, net

 

 

3,748

 

 

393

Deposits

 

 

3,059

 

 

78

 

 

$

6,838

 

$

498

 

Schedule of Intangible Assets

The following table summarizes the components of intangible assets and related accumulated amortization balances at December 31, 2015 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross Carrying Amount

 

Accumulated Amortization

 

Net Carrying Amount

Intangible assets:

 

 

 

 

 

 

 

 

 

Product designs

 

$

590

 

$

534

 

$

56

Patents

 

 

4,220

 

 

528

 

 

3,692

Software

 

 

80

 

 

80

 

 

 —

Total

 

$

4,890

 

$

1,142

 

$

3,748

 

Estimated future amortization expense of intangible assets

As of December 31, 2015, the estimated future amortization expense of intangible assets in the table above is as follows (in thousands):

 

 

 

 

 

 

Twelve Month Period Ending December 31,

 

 

 

 

2016

 

$

370

 

2017

 

 

313

 

2018

 

 

287

 

2019

 

 

233

 

2020

 

 

233

 

Thereafter

 

 

2,312

 

Total

 

$

3,748

 

 

Schedule of Accrued Expenses and Other Liabilities

 

 

 

 

 

 

 

 

 

December 31, 2015

 

March 31, 2015

 

 

(In thousands)

Accrued expenses and other liabilities:

 

 

 

 

 

 

Accrued compensation

 

$

2,683

 

$

3,386

Accrued professional fees

 

 

480

 

 

1,380

Accrued commissions

 

 

267

 

 

268

Other accrued expenses

 

 

939

 

 

903

 

 

$

4,369

 

$

5,937

 

Other Accrued Expenses

 

 

 

 

 

 

 

 

 

 

December 31, 2015

 

March 31, 2015

 

 

 

(In thousands)

 

Other accrued expenses:

 

 

 

 

 

 

 

 Contingent consideration

 

$

5,800

 

$

 —

 

 Escrow indemnity accrual

 

 

484

 

 

 —

 

 Other long-term accrued liabilities

 

 

45

 

 

 —

 

 

 

$

6,329

 

$

 —