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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Mar. 31, 2017
Current assets:    
Cash and cash equivalents $ 46,277 $ 91,332
Short-term investments 120,506 51,561
Receivables (net of allowances of $525 in 2018 and $272 in 2017) 48,164 40,568
Inventories 44,121 39,010
Prepaid expenses and other current assets 5,138 4,997
Net deferred tax assets, current 0 5,644
Current assets of discontinued operations 42 66
Total current assets 264,248 233,178
Long-term investments 19,240 22,171
Investments in unconsolidated affiliates 3,846 2,850
Property and equipment, net 35,419 34,260
Intangible assets, net 1,017 1,171
Net deferred tax assets, non-current 7,913 4,392
Other assets 9,420 7,624
Total assets 341,103 305,646
Current liabilities:    
Accounts payable 11,775 7,517
Accrued payroll and related expenses 11,280 9,606
Accrued taxes 1,456 2,151
Current liabilities of discontinued operations 66 85
Other accrued liabilities 16,234 11,006
Deferred revenue 816 1,415
Warranty reserve 2,253 1,663
Total current liabilities 43,880 33,443
Non-current liabilities:    
Deferred revenue 1,524 1,460
Warranty reserve 3,037 2,695
Net deferred tax liabilities 203 234
Notes payable, less current portion 177 278
Other non-current liabilities 1,589 1,312
Total non-current liabilities 6,530 5,979
Total liabilities 50,410 39,422
Commitments and contingencies (Note 13)
Shareholders' equity:    
Preferred stock, no par value: 5,000,000 shares authorized; no shares issued and outstanding in 2018 and 2017 0 0
Common stock, no par value: 35,000,000 shares authorized; 22,698,000 and 22,540,000 shares issued and outstanding in 2018 and 2017, respectively 147,000 135,932
Retained earnings 143,870 130,304
Accumulated other comprehensive loss (177) (12)
Total shareholders' equity 290,693 266,224
Total liabilities and shareholders' equity $ 341,103 $ 305,646