Accounts Payable and Accrued Expenses

3 Months Ended

Jun. 30, 2013

7.	Accounts Payable and Accrued Expenses

Accounts payable and accrued expenses consisted of the following (in thousands):


	June 30,		March 31,
	2013		2013
Accounts payable	$	4,174	$	7,146
Accrued miscellaneous expenses		9,419		9,142
Accrued VAT		1,517		809
Accrued outside services		2,744		2,251
Accrued subcontractor program costs		512		2,442
Accrued compensation		4,153		5,506
Income taxes payable		175		133
Accrued warranty		2,787		2,709

Total	$	25,481	$	30,138

The Company generally provides a one to three year warranty on its products, commencing upon installation. A provision is recorded upon revenue recognition to cost of revenues for estimated warranty expense based on historical experience.

Product warranty activity was as follows (in thousands):


	Three months ended June 30,
	2013			2012
Balance at beginning of period	$	2,709		$	5,896
Accruals for warranties during the period		152			(167	)
Settlements during the period		(74	)		(229	)

Balance at end of period	$	2,787		$	5,500