XML 15 R5.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net income $ 3,819 $ 2,856
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 7,320 3,301
Stock-based compensation expense 3,632 2,702
Benefit for deferred income taxes (2,606) (412)
Non-cash interest expense 471 0
Other non-cash items (51) (121)
Changes in operating assets and liabilities, net of effects of businesses acquired:    
Accounts receivable, unbilled receivable, and cost in excess of billings 10,111 (12,781)
Inventory (104) (2,739)
Prepaid income taxes 597 706
Prepaid expenses and other current assets (1,553) 3,378
Other non-current assets (86) 37
Accounts payable and accrued expenses (7,377) 9,017
Deferred revenues and customer advances (3,816) 659
Income taxes payable (35) 0
Other non-current liabilities (39) (21)
Net cash provided by operating activities 10,283 6,582
Cash flows from investing activities:    
Purchases of property and equipment (6,050) (1,867)
Increase in other investing activities (111) (185)
Net cash used in investing activities (6,161) (2,052)
Cash flows from financing activities:    
Proceeds from employee stock plans 80 629
Payments for retirement of common stock (6,128) (3,708)
Payments of capital lease obligations (2,500) 0
Net cash used in financing activities (8,548) (3,079)
Effect of exchange rate changes on cash and cash equivalents 49 36
Net (decrease) increase in cash and cash equivalents (4,377) 1,487
Cash and cash equivalents at beginning of period 81,691 77,586
Cash and cash equivalents at end of period 77,314 79,073
Cash paid during the period for:    
Interest 1,351 2
Income taxes 717 65
Supplemental disclosures-non-cash activities:    
Issuance of restricted stock awards to employees $ 15,002 $ 7,114