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Consolidated Balance Sheets - USD ($)
Mar. 31, 2016
Mar. 31, 2015
Assets [Abstract]    
Cash and cash equivalents $ 15,542,000 $ 20,002,000
Accounts receivable, net 10,889,000 18,263,000
Inventories, net 17,024,000 14,283,000
Deferred contract costs 36,691 90,258
Prepaid expenses and other current assets 5,038,000 2,407,000
Total current assets 48,530,000 55,045,000
Property and equipment, net 17,004,000 21,223,000
Goodwill 0 4,409,000
Other intangible assets, net 5,048,000 6,335,000
Long-term accounts receivable 108,000 426,000
Other long-term assets 185,000 367,000
Total assets 70,875,000 87,805,000
Liabilities and Equity [Abstract]    
Accounts payable 11,716,000 11,003,000
Accrued expenses and other 6,586,000 5,197,000
Deferred revenue, current 243,000 287,000
Current maturities of long-term debt 746,000 1,832,000
Total current liabilities 19,291,000 18,319,000
Revolving credit facility 3,719,000 2,500,000
Long-term debt, less current maturities 302,000 722,000
Deferred revenue, long-term 1,022,000 1,231,000
Other long-term liabilities 558,000 522,000
Total liabilities $ 24,892,000 $ 23,294,000
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, $0.01 par value: Shares authorized: 30,000,000 shares at March 31, 2016 and 2015; no shares issued and outstanding at March 31, 2016 and 2015 $ 0 $ 0
Common stock, no par value: Shares authorized: 200,000,000 at March 31, 2016 and 2015; shares issued: 37,192,559 and 36,837,864 at March 31, 2016 and 2015; shares outstanding: 27,767,138 and 27,421,533 at March 31, 2016 and 2015 0 0
Additional paid-in capital 152,140,000 150,516,000
Treasury stock: 9,425,421 and 9,416,331 common shares at March 31, 2016 and 2015 (36,075,000) (36,049,000)
Shareholder notes receivable (4,000) (4,000)
Retained deficit (70,078,000) (49,952,000)
Total shareholders’ equity 45,983,000 64,511,000
Total liabilities and shareholders’ equity $ 70,875,000 $ 87,805,000