Certain Financial Statement Information

Accounts receivable, net:



	March 31,
	2016			2015
	(In thousands)
Accounts receivable	$	9,527		$	12,709
Less: allowance for bad debts	(262		)	(302		)
	$	9,265		$	12,407

Inventories



	March 31,
	2016		2015
	(In thousands)
Finished goods	$	8,206	$	15,310
Work in process	5,854		5,377
Raw materials	2,088		2,827
	$	16,148	$	23,514

Other current assets:



	March 31,
	2016		2015
	(In thousands)
Prepaid expenses	$	8,887	$	14,847
Executive deferred compensation assets	817		1,004
Other	1,071		989
	$	10,775	$	16,840

Property and equipment:



	Useful Life	March 31,
	Useful Life	2016			2015
	(In years)	(In thousands)
Machinery and equipment	3-5	$	36,723		$	37,286
Leasehold improvements	1-5	7,529			9,909
Computers, office furniture and equipment	3-5	34,016			32,902
		78,268			80,097
Less: accumulated depreciation and amortization		(64,975		)	(63,348		)
		$	13,293		$	16,749

There was no impairment of long-lived assets during the fiscal years ended March 31, 2016 and 2015. The Company wrote-off fully depreciated assets with acquired costs of $3.8 million and $24.0 million during the fiscal years ended March 31, 2016 and 2015, respectively. In addition, the Company wrote-off capitalized masks of $2.6 million as a result of restructuring during the fiscal year ended March 31, 2015. Refer to Note 8, Restructuring, to the Consolidated Financial Statements for additional information. Mask costs capitalized, which are included in machinery and equipment, during the fiscal years ended March 31, 2016 and 2015 are zero and $5.9 million, respectively.

Other accrued liabilities:



	March 31,
	2016		2015
	(In thousands)
Employee related liabilities	$	1,362	$	1,454
Executive deferred compensation	848		1,025
Income taxes	64		1,311
Accrued bonus	3,269		39
Other	4,250		3,815
	$	9,793	$	7,644

Accumulated other comprehensive loss:



	Foreign currency translation adjustments			Unrealized loss on short-term investments			Total
	(In thousands)
Balance as of March 31, 2014	$	(1,678	)	$	(4,465	)	$	(6,143	)
Other than comprehensive loss, net of tax	(389		)	(954		)	(1,343		)
Balance as of March 31, 2015	(2,067		)	(5,419		)	(7,486		)
Other than comprehensive loss, net of tax	(419		)	(1,648		)	(2,067		)
Balance as of March 31, 2016	$	(2,486	)	$	(7,067	)	$	(9,553	)

Realized gain on short-term investments and interest income, net:



	Fiscal Years Ended March 31,
	2016			2015			2014
	(In thousands)
Gross realized gain on short-term investments	$	1,763		$	1,418		$	3,474
Gross realized loss on short-term investments	(204		)	(65		)	(114		)
Net realized gain on short-term investments	1,559			1,353			3,360
Interest income, net	679			1,411			1,692
	$	2,238		$	2,764		$	5,052

Other income (expense), net:

Other income, net, for the fiscal year ended March 31, 2016 was immaterial. Other expense, net, for the fiscal year ended March 31, 2015 was $3.1 million of which $3.0 million was related to impairment of strategic investments.

Net loss per share:

Shares used in basic net loss per share are computed using the weighted average number of common shares outstanding during each period. Shares used in diluted net loss per share include the dilutive effect of common shares potentially issuable upon the exercise of stock options and vesting of RSUs. For the fiscal years ended March 31, 2016, 2015 and 2014, the Company recorded a net loss. As such, all outstanding potential common shares were excluded from the diluted earnings per share computation.

The following potentially dilutive common shares are excluded from the computation of net loss per share (in thousands):



	Fiscal Years Ended March 31,
	2016	2015	2014
	(In thousands)
Outstanding stock options	1,571	1,794	2,409
Outstanding RSUs	4,704	4,328	6,105
ESPP shares	383	249	219
	6,658	6,371	8,733