Annual report pursuant to Section 13 and 15(d)

Inventories (Tables)

Inventories (Tables)

12 Months Ended

Mar. 31, 2016

Inventories are valued on a FIFO basis and lower of cost or market and consisted of the following as of March 31, 2016 and 2015 (in thousands):


	2016		2015
Raw materials	$	16,539	$	19,955
Work in process		554		—
Finished goods		1,176		5,400
Total		18,269		25,355
Less non-current portion		(2,143)		(2,258)
Current portion	$	16,126	$	23,097

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, 2016 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	$	1,672
25 to 36 months		417
37 to 48 months		54
Total	$	2,143