Accounts Payable and Accrued Expenses

12 Months Ended

Mar. 31, 2011

Accounts Payable and Accrued Expenses

Accounts Payable and Accrued Expenses

9.    Accounts Payable and Accrued Expenses

Accounts payable and accrued expenses consisted of the following (in thousands):

	March 31,
	2011	2010
Accounts payable	$40,074	$33,762
Accrued miscellaneous expenses	20,981	9,047
Accrued subcontractor program costs	1,190	5,671
Accrued compensation	8,174	8,938
Income taxes payable	11,947	20,470
Accrued warranty	7,907	6,431
Total	$90,273	$84,319

Product Warranty

The Company generally provides a one to three year warranty on its products, commencing upon installation. A provision is recorded upon revenue recognition to cost of revenues for estimated warranty expense based on historical experience. The following is a summary of accrued warranty activity (in thousands):

	For the fiscal years ended March 31,
	2011	2010
Beginning balance	$6,431	$4,749
Accruals for warranties during the period	4,994	5,547
Settlements during the period	(3,519)	(3,865)
Ending balance	$7,907	$6,431