XML 53 R33.htm IDEA: XBRL DOCUMENT v3.3.1.900
Business Segments (Tables)
9 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Schedule of Operating Results and Assets of Segments

The operating results for the two business segments are as follows (in thousands):

 

Three months ended December 31,

 

 

Nine months ended December 31,

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Wind

$

17,229

 

 

$

15,131

 

 

$

48,976

 

 

$

30,244

 

Grid

 

8,543

 

 

 

6,119

 

 

 

19,523

 

 

 

15,157

 

Total

$

25,772

 

 

$

21,250

 

 

$

68,499

 

 

$

45,401

 

 

 

Three months ended December 31,

 

 

Nine months ended December 31,

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Operating (loss) profit:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Wind

$

(263

)

 

$

1,301

 

 

$

(2,127

)

 

$

(16,790

)

Grid

 

(2,342

)

 

 

(7,050

)

 

 

(12,963

)

 

 

(20,016

)

Unallocated corporate expenses

 

(707

)

 

 

(1,986

)

 

 

(3,321

)

 

 

(9,995

)

Total

$

(3,312

)

 

$

(7,735

)

 

$

(18,411

)

 

$

(46,801

)

 

Total assets for the two business segments as of December 31, 2015 and March 31, 2015 are as follows (in thousands):

 

 

December 31,

 

 

March 31,

 

 

2015

 

 

2015

 

Wind

$

35,833

 

 

$

41,947

 

Grid

 

38,160

 

 

 

42,482

 

Corporate assets

 

61,842

 

 

 

49,396

 

Total

$

135,835

 

 

$

133,825

 

 

Schedule of Revenues by Major Customers

The following table sets forth customers who represented 10% or more of the Company’s total revenues for the three and nine months ended December 31, 2015 and 2014:

 

 

Three months ended December 31,

 

 

Nine months ended December 31,

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

INOX Wind Limited

 

64

%

 

 

61%

 

 

 

58%

 

 

 

54%

 

Fuji Bridex Pte Ltd

 

18

%

 

—%

 

 

<10%

 

 

—%