Quarterly report pursuant to Section 13 or 15(d)

Deferred Revenue (Tables)

v3.6.0.2
Deferred Revenue (Tables)
9 Months Ended
Dec. 31, 2016
Deferred Revenue  
Schedule of changes in deferred revenue

As of March 31, 2016 the balance of deferred revenue was $4.4 million and the change in balance attributed to FPP contracts increased $0.6 million and the change in deposits decreased $0.4 million. Changes in deferred revenue during the nine months ended December 31, 2016 are as follows (in thousands):

 

 

 

 

 

FPP Balance, beginning of the period

 

$

2,929

 

FPP Billings

 

 

10,268

 

FPP Revenue recognized

 

 

(9,697)

 

Balance attributed to FPP contracts

 

 

3,500

 

Deposits

 

 

1,080

 

Deferred revenue balance, end of the period

 

$

4,580