Annual report pursuant to Section 13 and 15(d)

Revenue Recognition (Tables)

v3.19.2
Revenue Recognition (Tables)
12 Months Ended
Mar. 31, 2019
Revenue Recognition  
Schedule of disaggregated revenue by business group

The following table presents disaggregated revenue by business group for the fiscal year ended March 31, 2019 (in thousands):

 

 

 

 

 

 

 

 

 

 

Fiscal Year Ended

 

    

March 31, 2019

Microturbine Products

 

$

51,417

Accessories and Parts

 

 

14,886

Total Product, Accessories and Parts

 

 

66,303

Service

 

 

17,109

Total Revenue

 

$

83,412

 

Summary of geographic revenue information based on primary operation location of customer

Following is the geographic revenue information based on the primary operating location of the Company’s customers for the fiscal year ended March 31, 2019 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year Ended

 

    

March 31, 2019

United States

 

$

45,480

Mexico

 

 

5,005

All other North America

 

 

791

Total North America

 

 

51,276

Europe

 

 

3,176

All other Europe

 

 

12,886

Total Europe

 

 

16,062

Asia

 

 

5,229

Australia

 

 

3,874

All other

 

 

6,971

Total Revenue

 

$

83,412

 

Schedule of changes in deferred revenue

million. Changes in deferred revenue during the fiscal year ended March 31, 2019 and 2018 are as follows (in thousands):

 

 

 

 

 

 

 

 

 

    

2019

    

2018

 

FPP Balance, beginning of the period

 

$

3,549

 

$

3,414

 

FPP Billings

 

 

15,650

 

 

15,138

 

FPP Revenue recognized

 

 

(14,318)

 

 

(15,003)

 

Balance attributed to FPP contracts

 

 

4,881

 

 

3,549

 

DSS program

 

 

1,689

 

 

1,087

 

Deposits

 

 

1,666

 

 

1,960

 

Deferred revenue balance, end of the period

 

$

8,236

 

$

6,596