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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Mar. 31, 2015
Current assets:    
Cash and cash equivalents $ 18,896 $ 21,961
Trade accounts receivable, net of allowance for doubtful accounts of $312 and $314 at June 30, 2015 and March 31, 2015, respectively 11,653 11,206
Costs and estimated earnings in excess of billings on uncompleted contracts 4,195 4,266
Inventories 3,026 3,062
Deferred income taxes 2,680 2,680
Prepaid expenses and other current assets 1,876 1,338
Total current assets 42,326 44,513
Property and equipment, net 2,162 1,990
Deferred income taxes 5,784 5,610
Intangible assets, net 854 987
Goodwill 17,318 17,318
Other assets 198 214
Total assets 68,642 70,632
Current liabilities:    
Trade accounts payable 4,938 5,915
Accrued payroll and related expenses 4,629 4,871
Accrued liabilities 1,383 1,320
Billings in excess of costs and estimated earnings on uncompleted contracts 1,573 1,549
Total current liabilities 12,523 13,655
Deferred rent 807 826
Unrecognized tax benefits 188 183
Total liabilities $ 13,518 $ 14,664
Commitments and contingencies    
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 June 30, 2015 and March 31, 2015 Issued and outstanding shares - 32,009 at June 30, 2015 and 32,411 at March 31, 2015 $ 3,202 $ 3,242
Additional paid-in capital 134,960 135,572
Accumulated deficit (83,038) (82,846)
Total stockholders' equity 55,124 55,968
Total liabilities and stockholders' equity $ 68,642 $ 70,632