Accounts Payable and Accrued Expenses

9 Months Ended

Dec. 31, 2017

Accounts payable and accrued expenses at December 31, 2017 and March 31, 2017 consisted of the following (in thousands):



	December 31, 2017		March 31, 2017
Accounts payable	$	5,626	$	3,207
Accrued inventories in-transit	505		313
Accrued other miscellaneous expenses	2,326		2,240
Accrued restructuring	394		—
Accrued compensation	3,792		5,042
Income taxes payable	1,372		1,344
Accrued warranty	1,471		2,344
Total	$	15,486	$	14,490

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 December 31,						Nine months ended December 31,
	2017			2016			2017			2016
Balance at beginning of period	$	1,852		$	2,694		$	2,344		$	3,601
Change in accruals for warranties during the period	25			591			152			1,009
Settlements during the period	(406		)	(608		)	(1,025		)	(1,933		)
Balance at end of period	$	1,471		$	2,677		$	1,471		$	2,677