| Component: (Network and Table) | |
|---|---|
| Network | 010000 - Statement - CONSOLIDATED BALANCE SHEETS (http://abaxis.com/role/ConsolidatedBalanceSheets) |
| Table | (Implied) |
| Reporting Entity [Axis] | 0000881890 (http://www.sec.gov/CIK) |
| CONSOLIDATED BALANCE SHEETS [Abstract] | Period [Axis] | |||
|---|---|---|---|---|
2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | |
CONSOLIDATED BALANCE SHEETS [Abstract] | ||||
ASSETS | ||||
Current assets: | ||||
Cash and cash equivalents | 45,843,000 | 43,471,000 | 27,857,000 | 49,237,000 |
Short-term investments | 21,689,000 | 25,981,000 | ||
Receivables (net of allowances of $283 in 2012 and $320 in 2011) | 30,694,000 | 27,880,000 | ||
Inventories | 19,597,000 | 19,814,000 | ||
Prepaid expenses and other current assets | 5,423,000 | 3,496,000 | ||
Net deferred tax assets, current | 4,151,000 | 3,422,000 | ||
Total current assets | 127,397,000 | 124,064,000 | ||
Long-term investments | 23,442,000 | 36,237,000 | ||
Investment in unconsolidated affiliate | 2,626,000 | 2,769,000 | ||
Property and equipment, net | 24,296,000 | 19,637,000 | ||
Intangible assets, net | 3,990,000 | 4,216,000 | ||
Net deferred tax assets, non-current | 0 | 1,203,000 | ||
Other assets | 85,000 | 134,000 | ||
Total assets | 181,836,000 | 188,260,000 | ||
LIABILITIES AND SHAREHOLDERS' EQUITY | ||||
Current liabilities: | ||||
Accounts payable | 6,381,000 | 6,173,000 | ||
Accrued payroll and related expenses | 6,336,000 | 6,129,000 | ||
Accrued taxes | 266,000 | 559,000 | ||
Other accrued liabilities | 1,991,000 | 1,677,000 | ||
Deferred revenue | 1,212,000 | 953,000 | ||
Warranty reserve | 1,245,000 | 1,031,000 | ||
Total current liabilities | 17,431,000 | 16,522,000 | ||
Non-current liabilities: | ||||
Deferred rent | 641,000 | 416,000 | ||
Net deferred tax liabilities | 199,000 | 0 | ||
Deferred revenue | 2,396,000 | 1,737,000 | ||
Warranty reserve | 601,000 | 191,000 | ||
Notes payable, less current portion | 783,000 | 746,000 | ||
Total non-current liabilities | 4,620,000 | 3,090,000 | ||
Total liabilities | 22,051,000 | 19,612,000 | ||
Commitments and contingencies (Note 10) | xsi:nil | xsi:nil | ||
Shareholders' equity: | ||||
Preferred stock, no par value: 5,000,000 shares authorized; no shares issued and outstanding in 2012 and 2011 | 0 | 0 | ||
Common stock, no par value: 35,000,000 shares authorized; 21,699,000 and 22,587,000 shares issued and outstanding in 2012 and 2011, respectively | 110,063,000 | 132,042,000 | ||
Retained earnings | 49,697,000 | 36,606,000 | ||
Accumulated other comprehensive income | 25,000 | 0 | ||
Total shareholders' equity | 159,785,000 | 168,648,000 | 147,119,000 | 126,892,000 |
Total liabilities and shareholders' equity | 181,836,000 | 188,260,000 | ||