Consolidated Balance Sheet Detail |
5. |
Consolidated Balance Sheet
Detail |
Inventories consist primarily of hardware and related component
parts and are stated at the lower of cost (on a first-in, first-out
basis) or market. Inventories consist of the following:
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|
|
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As of |
|
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|
July 31,
|
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|
January 31,
|
|
|
|
2016 |
|
|
2016 |
|
|
|
(Amounts in
thousands) |
|
Components and assemblies
|
|
$ |
680 |
|
|
$ |
1,223 |
|
Finished products
|
|
|
785 |
|
|
|
459 |
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|
|
|
|
|
|
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|
Total inventories, net
|
|
$ |
1,465 |
|
|
$ |
1,682 |
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|
|
|
|
|
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|
Property and equipment, net consists of the following:
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Estimated
|
|
|
As of |
|
|
|
Useful |
|
|
July 31,
|
|
|
January 31,
|
|
|
|
Life (Years) |
|
|
2016 |
|
|
2016 |
|
|
|
|
|
|
(Amounts in
thousands) |
|
Land
|
|
|
|
|
|
$ |
2,880 |
|
|
$ |
2,880 |
|
Buildings
|
|
|
20 |
|
|
|
12,010 |
|
|
|
11,908 |
|
Office furniture and equipment
|
|
|
5 |
|
|
|
1,148 |
|
|
|
1,099 |
|
Computer equipment, software and demonstration equipment
|
|
|
3 |
|
|
|
19,020 |
|
|
|
18,639 |
|
Service and spare components
|
|
|
5 |
|
|
|
1,158 |
|
|
|
1,158 |
|
Leasehold improvements
|
|
|
1-7 |
|
|
|
1,091 |
|
|
|
1,087 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
37,307 |
|
|
|
36,771 |
|
Less - Accumulated depreciation and amortization
|
|
|
|
|
|
|
(24,211 |
) |
|
|
(22,642 |
) |
|
|
|
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|
|
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|
|
|
|
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|
Total property and equipment, net
|
|
|
|
|
|
$ |
13,096 |
|
|
$ |
14,129 |
|
|
|
|
|
|
|
|
|
|
|
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|
Depreciation and amortization expense on property and equipment,
net was $0.8 million and $1.6 million for the three and six months
ended July 31, 2016, respectively, and $0.8 million and $1.7
million for the three and six months ended July 31, 2015,
respectively.
Other accrued expenses consist of the following:
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As of |
|
|
|
July 31,
|
|
|
January 31,
|
|
|
|
2016 |
|
|
2016 |
|
|
|
(Amounts in
thousands) |
|
Accrued compensation and commissions
|
|
$ |
921 |
|
|
$ |
1,676 |
|
Accrued bonuses
|
|
|
1,834 |
|
|
|
2,902 |
|
Accrued severance
|
|
|
730 |
|
|
|
47 |
|
Accrued restructuring
|
|
|
404 |
|
|
|
— |
|
Employee benefits
|
|
|
782 |
|
|
|
1,484 |
|
Accrued provision for contract loss
|
|
|
4,497 |
|
|
|
6,497 |
|
Accrued other
|
|
|
3,072 |
|
|
|
4,808 |
|
|
|
|
|
|
|
|
|
|
Total other accrued expenses
|
|
$ |
12,240 |
|
|
$ |
17,414 |
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