| Accrued Liabilities and Deferred Revenue |
NOTE 7 –ACCRUED
LIABILITIES AND DEFERRED REVENUE
Accrued
liabilities are comprised of the following (in
thousands):
|
|
|
|
|
|
|
|
|
| |
|
March 31, 2013 |
|
|
December 31, 2012 |
|
|
Payroll and
benefits
|
|
$ |
1,613 |
|
|
$ |
2,326 |
|
|
Warranty accrual
|
|
|
1,755 |
|
|
|
1,699 |
|
|
Sales tax
|
|
|
421 |
|
|
|
640 |
|
|
Accrued professional
services
|
|
|
650 |
|
|
|
502 |
|
|
Accrued insurance
premium
|
|
|
326 |
|
|
|
751 |
|
|
Other
|
|
|
114 |
|
|
|
349 |
|
|
|
|
|
|
|
|
|
|
|
Accrued
liabilities
|
|
$ |
4,879 |
|
|
$ |
6,267 |
|
|
|
|
|
|
|
|
|
|
Changes in the
initial product warranty accrual, and the expenses incurred under
our initial and extended warranties, for the three months ended
March 31, 2013 and 2012 were as follows (in
thousands):
|
|
|
|
|
|
|
|
|
| |
|
Three Months Ended
March
31,
|
|
| |
|
2013 |
|
|
2012 |
|
|
Initial warranty accrual,
beginning balance
|
|
$ |
1,699 |
|
|
$ |
2,218 |
|
|
Provision for estimated
warranty cost
|
|
|
650 |
|
|
|
122 |
|
|
Warranty
expenditures
|
|
|
(594 |
) |
|
|
(414 |
) |
|
|
|
|
|
|
|
|
|
|
Initial warranty accrual,
ending balance
|
|
|
1,755 |
|
|
|
1,926 |
|
|
Total warranty accrual,
long term
|
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
Total warranty accrual,
current portion
|
|
$ |
1,755 |
|
|
$ |
1,926 |
|
|
|
|
|
|
|
|
|
|
Deferred
revenue is comprised of the following (in thousands):
|
|
|
|
|
|
|
|
|
| |
|
March 31, 2013 |
|
|
December 31, 2012 |
|
|
Undelivered elements
(training, installation and product and support
services)
|
|
$ |
1,623 |
|
|
$ |
1,723 |
|
|
Extended warranty
contracts
|
|
|
1,510 |
|
|
|
1,506 |
|
|
|
|
|
|
|
|
|
|
|
Total deferred
revenue
|
|
|
3,133 |
|
|
|
3,229 |
|
|
|
|
|
|
|
|
|
|
|
Less long-term
amounts:
|
|
|
|
|
|
|
|
|
|
Extended warranty
contracts
|
|
|
(2 |
) |
|
|
(3 |
) |
|
|
|
|
|
|
|
|
|
|
Total deferred revenue,
long-term
|
|
|
(2 |
) |
|
|
(3 |
) |
|
|
|
|
|
|
|
|
|
|
Total deferred revenue,
current portion
|
|
$ |
3,131 |
|
|
$ |
3,226 |
|
|
|
|
|
|
|
|
|
|
|