Quarterly report pursuant to Section 13 or 15(d)

Inventories (Tables)

v2.4.0.8
Inventories (Tables)
3 Months Ended
Jun. 30, 2014
Inventories  
Summary of inventory

Inventories are valued on a FIFO basis and lower of cost or market and consisted of the following as of June 30, 2014 and March 31, 2014 (in thousands):

 

 

 

June 30,
2014

 

March 31,
2014

 

 

 

 

 

 

 

Raw materials

 

$

21,579

 

$

19,080

 

Work in process

 

 

5

 

Finished goods

 

3,840

 

1,955

 

Total

 

25,419

 

21,040

 

Less non-current portion

 

(3,047

)

(2,938

)

Current portion

 

$

22,372

 

$

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 June 30, 2014 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

 

$

2,070

 

25 to 36 months

 

688

 

37 to 48 months

 

289

 

Total

 

$

3,047