Quarterly report pursuant to Section 13 or 15(d)

Accrued Liabilities and Deferred Revenue (Tables)

v3.8.0.1
Accrued Liabilities and Deferred Revenue (Tables)
9 Months Ended
Sep. 30, 2017
Payables And Accruals [Abstract]  
Components of Accrued Liabilities

Accrued liabilities are comprised of the following (in thousands):

 

 

September 30,

 

 

December 31,

 

 

2017

 

 

2016

 

Payroll and benefits

$

2,200

 

 

$

2,147

 

Warranty accrual, current portion

 

1,043

 

 

 

933

 

Taxes

 

428

 

 

 

638

 

Accrued professional services

 

652

 

 

 

782

 

Accrued capital lease obligations, current portion

 

32

 

 

 

159

 

Accrued insurance premium

 

61

 

 

 

906

 

Other

 

297

 

 

 

213

 

Total accrued liabilities

$

4,713

 

 

$

5,778

 

 

Changes in Initial Product Warranty Accrual and Expenses Under Initial and Extended Warranties

Changes in the initial product warranty accrual and the expenses incurred under the Company’s initial and extended warranties for the three and nine months ended September 30, 2017 and 2016 are included within accrued liabilities on the Consolidated Balance Sheets and were as follows (in thousands):

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

September 30,

 

 

September 30,

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Initial warranty accrual, beginning balance

$

1,285

 

 

$

1,919

 

 

$

1,706

 

 

$

2,188

 

Provision for estimated warranty cost

 

190

 

 

 

282

 

 

 

192

 

 

 

379

 

Warranty expenditures

 

(325

)

 

 

(224

)

 

 

(748

)

 

 

(590

)

 

 

1,150

 

 

 

1,977

 

 

 

1,150

 

 

 

1,977

 

Less warranty accrual, long-term

 

107

 

 

 

955

 

 

 

107

 

 

 

955

 

Total warranty accrual, current portion

$

1,043

 

 

$

1,022

 

 

$

1,043

 

 

$

1,022

 

 

Components of Deferred Revenue

Deferred revenue is comprised of the following (in thousands):

 

 

September 30,

 

 

December 31,

 

 

2017

 

 

2016

 

Undelivered elements (training, installation, and product and

   support services)

$

1,066

 

 

$

1,404

 

Extended warranty contracts

 

1,460

 

 

 

1,487

 

Deferred royalties

 

52

 

 

 

142

 

Total deferred revenue

 

2,578

 

 

 

3,033

 

Less long-term amounts:

 

 

 

 

 

 

 

Deferred royalties

 

14

 

 

 

23

 

Total deferred revenue - long-term

 

14

 

 

 

23

 

Total deferred revenue - current

$

2,564

 

 

$

3,010