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Business Segments (Tables)
3 Months Ended
Jun. 30, 2014
Operating Results for Two Business Segments

The operating results for the two business segments are as follows (in thousands):

 

 

For the Three Months Ended June 30,

 

 

2014

 

 

2013

 

Revenues:

 

 

 

 

 

 

 

Wind

$

7,650

 

 

$

14,701

 

Grid

 

4,046

 

 

 

8,385

 

Total

$

11,696

 

 

$

23,086

 

 

 

For the Three Months Ended June 30,

 

 

2014

 

 

2013

 

Operating loss:

 

 

 

 

 

 

 

Wind

$

(3,480

)

 

$

(1,825

)

Grid

 

(6,407

)

 

 

(4,869

)

Unallocated corporate expenses

 

(2,780

)

 

 

(2,156

)

Total

$

(12,667

)

 

$

(8,850

)

 

Total Business Segments Assets

Total assets for the two business segments are as follows (in thousands):

 

June 30,

 

 

March 31,

 

 

2014

 

 

2014

 

Wind

$

44,814

 

 

$

36,701

 

Grid

 

47,403

 

 

 

54,342

 

Corporate assets

 

68,341

 

 

 

77,466

 

Total

$

160,558

 

 

$

168,509

 

 

Schedule of Revenues by Major Customers

The following table sets forth customers who represented 10% or more of the Company’s total revenues for the three months ended June 30, 2014 and 2013:

 

Three months ended

 

 

June 30,

 

 

2014

 

 

2013

 

INOX Wind Limited

 

48

%

 

 

15

%

Beijing JINGCHENG New Energy Co., Ltd

 

<10

%

 

 

35

%