Quarterly report pursuant to Section 13 or 15(d)

Inventories (Tables)

v3.10.0.1
Inventories (Tables)
3 Months Ended
Jun. 30, 2018
Inventories  
Summary of inventory

Inventories are valued at the lower of cost (determined on a first in first out (“FIFO”) basis) or net realizable value and consisted of the following as of June 30, 2018 and March 31, 2018 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

June 30,

 

March 31,

 

 

    

2018

    

2018

 

Raw materials

 

$

19,567

 

$

17,981

 

Work in process

 

 

46

 

 

111

 

Finished goods

 

 

3,080

 

 

4,076

 

Total

 

 

22,693

 

 

22,168

 

Less inventory reserve

 

 

(5,535)

 

 

(5,494)

 

Less non-current portion

 

 

(1,103)

 

 

(1,041)

 

Current portion

 

$

16,055

 

$

15,633

 

 

Schedule of expected usage for non-current inventory

The Company expects to use the non-current portion of the inventories on hand as of June 30, 2018 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

 

$

449

 

25 to 36 months

 

 

654

 

Total

 

$

1,103