Annual report pursuant to Section 13 and 15(d)

Inventories (Tables)

v2.4.1.9
Inventories (Tables)
12 Months Ended
Mar. 31, 2015
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, 2015 and 2014 (in thousands):

                                                                                                                                                                                    

 

 

2015

 

2014

 

Raw materials

 

$

19,955

 

$

19,080

 

Work in process

 

 

 

 

5

 

Finished goods

 

 

5,400

 

 

1,955

 

​  

​  

​  

​  

Total

 

 

25,355

 

 

21,040

 

Less non-current portion

 

 

(2,258

)

 

(2,938

)

​  

​  

​  

​  

Current portion

 

$

23,097

 

$

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 March 31, 2015 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

 

$

1,544 

 

25 to 36 months

 

 

557 

 

37 to 48 months

 

 

157 

 

​  

​  

Total

 

$

2,258 

 

​  

​  

​  

​