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Property and Equipment
 12 Months Ended
Jun. 30, 2017
Property, Plant and Equipment [Abstract]  
Property and Equipment
Property and Equipment
Property and equipment consisted of the following:
 
Estimated Useful Lives
(Years)
 
June 30,
2017
 
2016
Computer equipment and software
3-4
 
$
64,374

 
$
62,409

Furniture and fixtures
5
 
4,810

 
8,547

Leasehold improvements
lesser of estimated useful life or lease term
 
19,092

 
8,515

Machinery and equipment
5-10
 
42,193

 
29,078

 
 
 
130,469

 
108,549

Less: accumulated depreciation
 
 
(78,826
)
 
(80,212
)
 
 
 
$
51,643

 
$
28,337


The $23,306 increase in property and equipment was primarily due to the build-out of the Company's new corporate headquarters, integration activities associated with the Carve-Out Business, and the acquisition of CES and Delta. In fiscal 2017 and 2016, the Company retired $14,310 and $32, respectively, of computer equipment and software, furniture, and fixtures, leasehold improvements, and machinery and equipment that were no longer in use by the Company. 
Depreciation expense related to property and equipment for the fiscal years ended June 30, 2017, 2016 and 2015 was $12,589, $6,900 and $6,332, respectively.
On April 20, 2007, the Company entered into a sales agreement and a lease agreement in connection with a sale-leaseback of the Company’s former headquarters in Chelmsford, Massachusetts. Pursuant to the agreements, the Company sold all land, land improvements, buildings and building improvements related to the facilities and leased back those assets. The term of the lease was ten years and included two five year options to renew, which the Company did not exercise. Under the provisions of sale-leaseback accounting, the transaction was considered a normal leaseback; thus the realized gain of $11,569 was deferred and was amortized to other income on a straight-line basis over the initial lease term.
The unamortized deferred gain of $929 at June 30, 2016 was included in accrued expenses and in the accompanying consolidated balance sheets and has been fully amortized as of June 30, 2017.