Quarterly report pursuant to Section 13 or 15(d)

Inventories (Tables)

Inventories (Tables)

9 Months Ended

Dec. 31, 2014

Inventories are valued on a FIFO basis and lower of cost or market and consisted of the following as of December 31, 2014 and March 31, 2014 (in thousands):

	December 31, 2014			March 31, 2014

Raw materials	$	22,423		$	19,080
Work in process	—			5
Finished goods	5,019			1,955
Total	27,442			21,040
Less non-current portion	(2,546		)	(2,938		)
Current portion	$	24,896		$	18,102

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, 2014 over the periods presented in the following table (in thousands):

Expected Period of Use	Non-Current Inventory Balance Expected to be Used

13 to 24 months	$	1,765
25 to 36 months	615
37 to 48 months	166
Total	$	2,546