• Filing Date: 2017-08-09
  • Form Type: 10-Q
  • Description: Quarterly report
v3.7.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Mar. 31, 2017
Current assets:    
Cash and cash equivalents $ 8,661 $ 12,958
Restricted cash 1,891 1,832
Accounts receivable, net of allowance for doubtful accounts of $29 and $16, respectively 109,418 116,056
Manufacturing inventories 27,821 27,661
Service parts inventories 19,788 19,849
Other current assets 10,005 9,969
Total current assets 177,584 188,325
Long-term assets:    
Property and equipment, net of accumulated depreciation 10,455 11,186
Restricted cash 20,000 20,000
Other long-term assets 4,993 5,516
Total long-term assets 35,448 36,702
Total Assets 213,032 225,027
Current liabilities:    
Accounts payable 45,007 41,611
Accrued warranty 3,161 3,263
Deferred revenue 79,996 84,683
Accrued restructuring charges 2,249 869
Convertible subordinated debt 62,926 62,827
Accrued compensation 22,186 24,104
Other accrued liabilities 13,309 12,998
Total current liabilities 228,834 230,355
Long-term liabilities:    
Deferred revenue 36,697 37,642
Accrued restructuring charges 544 481
Long-term debt 60,219 65,028
Other long-term liabilities 4,736 7,520
Total long-term liabilities 102,196 110,671
Stockholders' deficit:    
Common stock, $0.01 par value; 1,000,000 shares authorized; 34,101 and 34,063 shares issued and outstanding at June 30, 2017 and March 31, 2017, respectively 341 341
Capital in excess of par 475,357 473,850
Accumulated deficit (596,969) (593,295)
Accumulated other comprehensive income 3,273 3,105
Total stockholders’ deficit (117,998) (115,999)
Total liabilities and stockholders' deficit $ 213,032 $ 225,027