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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Mar. 31, 2017
Current assets:    
Cash and cash equivalents $ 17,558 $ 18,201
Trade accounts receivable, net of allowance for doubtful accounts of $385 and $389 at June 30, 2017 and March 31, 2017, respectively 17,410 14,299
Unbilled accounts receivable 6,032 6,456
Inventories 2,481 2,250
Prepaid expenses and other current assets 2,670 2,108
Total current assets 46,151 43,314
Property and equipment, net 2,421 2,064
Intangible assets, net 1,668 1,498
Goodwill 15,150 15,150
Other assets 318 319
Total assets 65,708 62,345
Current liabilities:    
Trade accounts payable 9,660 7,886
Accrued payroll and related expenses 7,915 6,443
Accrued liabilities 1,976 2,201
Deferred revenue 4,279 4,049
Total current liabilities 23,830 20,579
Deferred rent 618 649
Deferred income taxes 707 707
Unrecognized tax benefits 191 186
Total liabilities 25,346 22,121
Commitments and contingencies (Note 6)
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, 2017 and March 31, 2017 Issued and outstanding shares - 32,566 at June 30, 2017 and 32,488 at March 31, 2017 3,257 3,249
Additional paid-in capital 137,569 136,968
Accumulated deficit (100,464) (99,993)
Total stockholders' equity 40,362 40,224
Total liabilities and stockholders' equity $ 65,708 $ 62,345