| Income Tax Disclosure [Abstract] | Period [Axis] |
|---|
2015-04-01 - 2016-03-31 |
|---|
Income Tax Disclosure [Abstract] | |
Schedule of Income (Loss) Before Income Taxes |
Income (loss) before income taxes for the fiscal years ended March 31, 2016, 2015, and 2014 are provided in the table as follows (in thousands):
|
|
Fiscal years ended March 31, |
|
|
|
2016 |
|
|
2015 |
|
|
2014 |
|
|
Income (loss) before income tax expense: |
|
|
|
|
|
|
|
|
|
|
|
|
U.S. |
$ |
(29,436 |
) |
|
$ |
(40,277 |
) |
|
$ |
(91,558 |
) |
|
Foreign |
|
8,688 |
|
|
|
(8,563 |
) |
|
|
36,152 |
|
|
Total |
$ |
(20,748 |
) |
|
$ |
(48,840 |
) |
|
$ |
(55,406 |
) |
|
Schedule of Components of Income Tax Expense (Benefit) Attributable to Continuing Operations |
The components of income tax expense (benefit) attributable to continuing operations consist of the following (in thousands):
|
|
Fiscal years ended March 31, |
|
|
|
2016 |
|
|
2015 |
|
|
2014 |
|
|
Current |
|
|
|
|
|
|
|
|
|
|
|
|
Federal |
$ |
459 |
|
|
$ |
47 |
|
|
$ |
287 |
|
|
State |
|
- |
|
|
|
- |
|
|
|
- |
|
|
Foreign |
|
1,950 |
|
|
|
(274 |
) |
|
|
614 |
|
|
Total current |
|
2,409 |
|
|
|
(227 |
) |
|
|
901 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Deferred |
|
|
|
|
|
|
|
|
|
|
|
|
Federal |
|
(18 |
) |
|
|
43 |
|
|
|
(49 |
) |
|
State |
|
- |
|
|
|
- |
|
|
|
- |
|
|
Foreign |
|
- |
|
|
|
- |
|
|
|
- |
|
|
Total deferred |
|
(18 |
) |
|
|
43 |
|
|
|
(49 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income tax (benefit) expense |
$ |
2,391 |
|
|
$ |
(184 |
) |
|
$ |
852 |
|
|
Schedule of Reconciliation of Statutory Federal Income Tax Rate to Effective Income Tax Rate |
The reconciliation between the statutory federal income tax rate and the Company’s effective income tax rate is shown below.
|
|
Fiscal years ended March 31, |
|
|
2016 |
|
2015 |
|
2014 |
|
Statutory federal income tax rate |
|
(34 |
) |
% |
|
(34 |
) |
% |
|
(34 |
) |
% |
|
State income taxes, net of federal benefit |
|
1 |
|
|
|
2 |
|
|
|
- |
|
|
|
Deemed dividend and dividends paid |
|
5 |
|
|
|
1 |
|
|
|
1 |
|
|
|
Foreign income tax rate differential |
|
5 |
|
|
|
6 |
|
|
|
(6 |
) |
|
|
Stock options |
|
1 |
|
|
|
1 |
|
|
|
2 |
|
|
|
Nondeductible expenses |
|
- |
|
|
|
1 |
|
|
|
1 |
|
|
|
Research and development tax credit |
|
(5 |
) |
|
|
- |
|
|
|
- |
|
|
|
Deferred warrants |
|
- |
|
|
|
(3 |
) |
|
|
(1 |
) |
|
|
Interest expense |
|
- |
|
|
|
- |
|
|
|
5 |
|
|
|
Extinguishment of debt |
|
- |
|
|
|
- |
|
|
|
3 |
|
|
|
Reversal of uncertain tax benefits |
|
- |
|
|
|
(6 |
) |
|
|
- |
|
|
|
True-up of foreign NOLs |
|
19 |
|
|
|
- |
|
|
|
- |
|
|
|
Settlement of intercompany balances |
|
(9 |
) |
|
|
- |
|
|
|
- |
|
|
|
Nondeductible foreign currency exchange remeasurement loss |
|
10 |
|
|
|
- |
|
|
|
- |
|
|
|
Valuation allowance |
|
18 |
|
|
|
32 |
|
|
|
30 |
|
|
|
Effective income tax rate |
|
11 |
|
% |
|
- |
|
% |
|
1 |
|
% |
|
Schedule of Deferred Tax Assets and Liabilities |
The following is a summary of the principal components of the Company’s deferred tax assets and liabilities (in thousands):
|
|
March 31, |
|
|
March 31, |
|
|
|
2016 |
|
|
2015 |
|
|
Deferred tax assets: |
|
|
|
|
|
|
|
|
Net operating loss carryforwards |
$ |
281,098 |
|
|
$ |
272,498 |
|
|
Research and development and other tax credit carryforwards |
|
11,878 |
|
|
|
10,655 |
|
|
Accruals and reserves |
|
28,088 |
|
|
|
37,153 |
|
|
Fixed assets and intangible assets |
|
2,393 |
|
|
|
2,432 |
|
|
Other |
|
14,494 |
|
|
|
18,514 |
|
|
Gross deferred tax assets |
|
337,951 |
|
|
|
341,252 |
|
|
Valuation allowance |
|
(301,393 |
) |
|
|
(294,860 |
) |
|
Total deferred tax assets |
|
36,558 |
|
|
|
46,392 |
|
|
|
|
|
|
|
|
|
|
|
Deferred tax liabilities: |
|
|
|
|
|
|
|
|
Intercompany debt |
|
(27,117 |
) |
|
|
(36,298 |
) |
|
Other |
|
(9,408 |
) |
|
|
(10,174 |
) |
|
Total deferred tax liabilities |
|
(36,525 |
) |
|
|
(46,472 |
) |
|
Net deferred tax asset (liability) |
$ |
33 |
|
|
$ |
(80 |
) |
|
Schedule of Uncertainties in Income Tax Provision Liability |
A tabular roll-forward of the Company’s uncertainties in income tax provision liability is presented below (in thousands):
|
Balance at March 31, 2014 |
$ |
1,061 |
|
|
Reversal of uncertain tax positions |
|
(1,061 |
) |
|
Balance at March 31, 2015 |
$ |
- |
|
|
Reversal of uncertain tax positions |
|
- |
|
|
Balance at March 31, 2016 |
$ |
- |
|
|