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Supplementary Financial Information (Tables)
12 Months Ended
Mar. 31, 2014
Supplementary Financial Information  
Schedule of inventories

 

 

 
  March 31,  
 
  2014   2013  
 
  (In thousands)
 

Materials and supplies

  $ 1,320   $ 1,504  

Work in process

    175     105  

Finished goods

    1,051     856  
           

 

  $ 2,546   $ 2,465  
           
           
Schedule of property and equipment

 

 

 
  March 31,  
 
  2014   2013  
 
  (In thousands)
 

Equipment

  $ 6,541   $ 6,126  

Leasehold improvements

    1,975     1,953  

Accumulated depreciation

    (6,970 )   (6,217 )
           

 

  $ 1,546   $ 1,862  
           
           
Schedule of intangible assets

 

 

 
  March 31,  
 
  2014   2013  
 
  Gross
Carrying
Amount
  Accumulated
Amortization
  Gross
Carrying
Amount
  Accumulated
Amortization
 
 
  (In thousands)
 

Technology

  $ 1,856   $ (1,422 ) $ 1,856   $ (1,178 )

Customer contracts / relationships

    750     (371 )   750     (247 )

Trade names and non-compete agreements

    1,110     (754 )   1,110     (495 )

Capitalized software development costs

    498     (83 )   328      
                   

Total

  $ 4,214   $ (2,630 ) $ 4,044   $ (1,920 )
                   
                   
Schedule of future estimated amortization expense

 

 

Year Ending March 31,
   
 

(In thousands)

       

2015

  $ 597  

2016

    526  

2017

    365  

2018

    88  

2019

    8  

Thereafter

     
       

 

  $ 1,584  
       
       
Schedule of activity related to the carrying value of goodwill by reportable segment

 

 

 
  Roadway
Sensors
  Transportation
Systems
  iPerform   Total  
 
  (In thousands)
 

Balance—March 31, 2012

                         

Goodwill

    8,214     17,074         25,288  

Accumulated impairment losses

        (7,970 )       (7,970 )
                   

 

  $ 8,214   $ 9,104   $   $ 17,318  
                   

Balance—March 31, 2013

                         

Goodwill

    8,214     16,278     796     25,288  

Accumulated impairment losses

        (7,970 )       (7,970 )
                   

 

    8,214     8,308     796     17,318  
                   

Balance—March 31, 2014

                         

Goodwill

    8,214     14,906     2,168     25,288  

Accumulated impairment losses

        (7,970 )       (7,970 )
                   

 

  $ 8,214   $ 6,936   $ 2,168   $ 17,318  
                   
                   
Schedule of warranty reserve activity

 

 

 
  Year Ended March 31,  
 
  2014   2013   2012  
 
  (In thousands)
 

Balance at beginning of fiscal year

  $ 169   $ 231   $ 279  

Additions charged to cost of sales

    179     139     86  

Warranty claims

    (164 )   (201 )   (134 )
               

Balance at end of fiscal year

  $ 184   $ 169   $ 231  
               
               
Schedule of computation of basic and diluted income from continuing operations per share

 

 

 
  Year Ended March 31,  
 
  2014   2013   2012  
 
  (In thousands, except per share amounts)
 

Numerator:

                   

Income from continuing operations

  $ 1,320   $ 914   $ 1,306  
               
               

Denominator:

                   

Weighted average common shares used in basic computation

    32,665     33,491     34,259  

Dilutive stock options

    111     60     96  

Dilutive restricted stock units

    70     56     25  

Dilutive warrants

    1     2      
               

Weighted average common shares used in diluted computation

    32,847     33,609     34,380  
               
               

Income from continuing operations per share:

                   

Basic

  $ 0.04   $ 0.03   $ 0.04  
               
               

Diluted

  $ 0.04   $ 0.03   $ 0.04  
               
               
Schedule of instruments excluded in the computation of diluted income from continuing operations per share

 

 

 
  Year Ended March 31,  
 
  2014   2013   2012  
 
  (In thousands)
 

Stock options

    854     1,049     1,840  

Warrants

        4     15