Annual report pursuant to Section 13 and 15(d)

Inventories (Tables)

v3.7.0.1
Inventories (Tables)
 12 Months Ended
Mar. 31, 2017
Inventories  
Summary of inventory

Inventories are valued on a FIFO basis and lower of cost or market and consisted of the following as of March 31, 2017 and 2016 (in thousands):

 

 

 

 

 

 

 

 

 

 

March 31,

 

March 31,

 

 

    

2017

    

2016

 

Raw materials

 

$

15,035

 

$

16,539

 

Work in process

 

 

 —

 

 

554

 

Finished goods

 

 

464

 

 

1,176

 

Total

 

 

15,499

 

 

18,269

 

Less non-current portion

 

 

(961)

 

 

(2,143)

 

Current portion

 

$

14,538

 

$

16,126

 

 

Schedule of expected usage for non-current inventory

The Company expects to use the non‑current portion of the inventories on hand as of March 31, 2017 over the periods presented in the following table (in thousands):

 

 

 

 

 

 

 

 

Non-current Inventory

 

 

 

 

Balance Expected

 

Expected Period of Use

    

 

to be Used

 

13 to 24 months

 

$

716

 

25 to 36 months

 

 

198

 

37 to 48 months

 

 

47

 

Total

 

$

961