Quarterly report pursuant to Section 13 or 15(d)

Accrued Liabilities and Deferred Revenue (Tables)

v2.4.0.8
Accrued Liabilities and Deferred Revenue (Tables)
6 Months Ended
Jun. 30, 2013
Components of Accrued Liabilities

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

 

 

June 30, 

2013

 

  

December 31, 

2012

 

Payroll and benefits             

$

  1,841

  

  

$

  2,326

  

Warranty accrual             

 

  1,518

  

  

 

  1,699

  

Sales tax             

 

  384

  

  

 

  640

  

Accrued professional services             

 

  740

  

  

 

  502

  

Accrued insurance premium             

 

  141

  

  

 

  751

  

Other             

 

  460

  

  

 

  349

  

Accrued liabilities             

$

  5,084

  

  

$

  6,267

  

 

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 six months ended June 30, 2013 and 2012 were as follows (in thousands):

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

2013

 

 

2012

 

 

2013

 

 

2012

 

Initial warranty accrual, beginning balance             

$

  1,755

  

 

$

  1,926

  

 

$

  1,699

  

 

$

  2,218

  

Provision for estimated warranty cost             

 

  379

  

 

 

  661

  

 

 

  1,029

  

 

 

  783

  

Warranty expenditures             

 

(616

) 

 

 

(607

) 

 

 

(1,210

) 

 

 

(1,021

) 

Initial warranty accrual, ending balance             

 

  1,518

  

 

 

  1,980

  

 

 

  1,518

  

 

 

  1,980

  

Total warranty accrual, long-term             

 

  

 

 

  

 

 

  

 

 

  

Total warranty accrual, current portion             

$

  1,518

  

 

$

  1,980

  

 

$

  1,518

  

 

$

  1,980

  

 

Summary of Deferred Revenue

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

 

 

June 30, 

2013

 

 

December 31, 

2012

 

Undelivered elements (training, installation and product and support services)             

$

  1,671

  

 

$

  1,723

  

Extended warranty contracts             

 

  1,454

  

 

 

  1,506

  

Total deferred revenue             

 

  3,125

  

 

 

  3,229

  

Less long-term amounts:

 

 

 

 

 

 

 

Extended warranty contracts             

 

(2

) 

 

 

(3

) 

Total deferred revenue, long-term             

 

(2

) 

 

 

(3

) 

Total deferred revenue, current portion             

$

  3,123

  

 

$

  3,226