• Filing Date: 2020-06-24
  • Form Type: 10-K
  • Description: Annual report
v3.20.1
INCOME TAXES - Schedule of Components of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Thousands
Mar. 31, 2020
Mar. 31, 2019
Deferred tax assets    
Inventory valuation method $ 924 $ 882
Accrued warranty expense 650 814
Distribution reserves 187 2,137
Loss carryforwards 85,638 93,308
Tax credits 17,416 20,346
Restructuring charge accruals 0 678
Deferred revenue 17,043 13,094
Acquired intangibles 2,660 2,822
Lease obligations 3,413 0
Other accruals and reserves not currently deductible for tax purposes 16,152 7,051
Gross deferred tax assets 144,083 141,132
Valuation allowance (137,814) (140,359)
Total deferred tax assets, net of valuation allowance 6,269 773
Deferred tax liabilities    
Depreciation (1,440) (450)
Lease assets (3,413) 0
Other (967) (524)
Total deferred tax liabilities (5,820) (974)
Net deferred tax assets (liabilities) $ 449  
Net deferred tax liability   $ (201)