Concentrations of Risks

9 Months Ended

Dec. 31, 2015

Risks and Uncertainties [Abstract]

Concentrations of Risks

Concentrations of Risks

The Company sells to customers globally and, as the Company generally does not require collateral from its customers, on a monthly basis the Company evaluates customer account balances in order to assess the Company’s financial risks of collection.  One customer, TTI, Inc., an electronics distributor, accounted for over 10% of the Company’s net sales in the quarters and nine month periods endedDecember 31, 2015 and 2014.  There were no accounts receivable balances from any customer exceeding 10% of gross accounts receivable as of December 31, 2015 and March 31, 2015.

Electronics distributors are an important distribution channel in the electronics industry and accounted for 41% and 44% of the Company’s net sales in the nine month periods ended December 31, 2015 and 2014, respectively.  As a result of the Company’s concentration of sales to electronics distributors, the Company may experience fluctuations in the Company’s operating results as electronics distributors experience fluctuations in end-market demand and/or adjust their inventory stocking levels.