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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Mar. 31, 2016
Current assets:    
Cash and cash equivalents $ 18,201 $ 16,029
Trade accounts receivable, net of allowance for doubtful accounts of $389 and $714 at March 31, 2017 and March 31, 2016, respectively 14,299 13,241
Unbilled accounts receivable 6,456 5,250
Inventories 2,250 3,153
Prepaid expenses and other current assets 2,108 1,505
Total current assets 43,314 39,178
Property and equipment, net 2,064 2,139
Intangible assets, net 1,498 951
Goodwill 15,150 17,318
Other assets 319 434
Total assets 62,345 60,020
Current liabilities:    
Trade accounts payable 7,886 5,469
Accrued payroll and related expenses 6,443 5,719
Accrued liabilities 2,201 1,445
Deferred revenue 4,049 2,294
Total current liabilities 20,579 14,927
Deferred rent 649 750
Deferred income taxes 707 685
Unrecognized tax benefits 186 196
Total liabilities 22,121 16,558
Commitments and contingencies (Note 9)
Stockholders' equity:    
Preferred stock, $1.00 par value: Authorized shares - 2,000 Issued and outstanding shares - none
Common stock, $0.10 par value: Authorized shares - 70,000 at March 31, 2017 and March 31, 2016 Issued and outstanding shares - 32,488 at March 31, 2017 and 32,048 at March 31, 2016 3,249 3,205
Additional paid-in capital 136,968 135,424
Accumulated deficit (99,993) (95,167)
Total stockholders' equity 40,224 43,462
Total liabilities and stockholders' equity $ 62,345 $ 60,020