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Accounts Payable and Accrued Expenses (Tables)
9 Months Ended
Dec. 31, 2013
Schedule of Accounts Payable and Accrued Expenses

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

 

 

December 31,

 

 

March 31,

 

 

2013

 

 

2013

 

Accounts payable

$

5,178

 

 

$

7,146

 

Accrued miscellaneous expenses

 

6,024

 

 

 

9,142

 

Accrued outside services

 

4,167

 

 

 

2,251

 

Accrued subcontractor program costs

 

290

 

 

 

2,442

 

Accrued compensation

 

4,369

 

 

 

6,315

 

Income taxes payable

 

148

 

 

 

133

 

Accrued warranty

 

3,327

 

 

 

2,709

 

Total

$

23,503

 

 

$

30,138

 

 

Schedule of Product Warranty Activity

Product warranty activity was as follows (in thousands):

 

 

Three months ended

 

 

Nine months ended

 

 

December 31,

 

 

December 31,

 

 

2013

 

 

2012

 

 

2013

 

 

2012

 

Balance at beginning of period

$

3,069

 

 

$

4,792

 

 

$

2,709

 

 

$

5,896

 

Change in accruals for warranties during the period

 

273

 

 

 

(627

)

 

 

767

 

 

 

(1,178

)

Settlements during the period

 

(15

)

 

 

(147

)

 

 

(149

)

 

 

(700

)

Balance at end of period

$

3,327

 

 

$

4,018

 

 

$

3,327

 

 

$

4,018