Quarterly report pursuant to Section 13 or 15(d)

Inventories (Tables)

v2.4.0.8
Inventories (Tables)
9 Months Ended
Dec. 31, 2013
Inventories  
Summary of inventory

Inventories are valued at a first in first out (“FIFO”) basis and lower of cost or market and consisted of the following as of December 31, 2013 and March 31, 2013 (in thousands):

 

 

 

December 31,
2013

 

March 31,
2013

 

 

 

 

 

 

 

Raw materials

 

$

23,656

 

$

20,198

 

Finished goods

 

1,425

 

1,567

 

Total

 

25,081

 

21,765

 

Less non-current portion

 

(2,995

)

(3,252

)

Current portion

 

$

22,086

 

$

18,513

 

Schedule of expected usage for non-current inventory

The Company expects to use the non-current portion of the inventories on hand as of December 31, 2013, over the periods presented in the following table (in thousands):

 

Expected Period of Use

 

Non-current
Inventory Balance

 

 

 

 

 

13 to 24 months

 

$

2,279

 

25 to 36 months

 

461

 

37 to 48 months

 

255

 

Total

 

$

2,995