RELATED PARTY TRANSACTIONS

During our fiscal year ended March 31, 2016, a member of the Company's Board of Directors served as an executive officer of Danaher. As part of the split off of Danaher's Communications Business and the Company's subsequent acquisition of that business from Newco's shareholders, NetScout has entered into multiple transactions with Danaher which include: transition services agreements, lease agreements, closing agreements, and compensation for post-combination services provisions within the separation and distribution agreement. This board member is now the founding President and CEO of Fortive Corporation (Fortive), which spun off of Danaher in July 2016. As part of the spin-off of Fortive, the transition services agreement was amended to, among other things, assign Danaher's rights, duties, obligations and liabilities under the transition services agreement to Fluke Corporation, a subsidiary of Fortive. The Company has disclosed the transactions with Danaher and Fortive parenthetically within the financial statements.

As disclosed parenthetically within the Company's consolidated balance sheet, the Company has receivables from related parties. The following table summarizes those balances (in thousands):



	June 30, 2018		March 31, 2018
Danaher	$	194	$	252
Fortive	1,457		2,935
	$	1,651	$	3,187

As disclosed parenthetically within the Company's consolidated balance sheet, the Company has payables due to related parties. The following table summarizes those balances (in thousands):



	June 30, 2018		March 31, 2018
Danaher	$	259	$	—
Fortive	$	360	$	369
	$	619	$	369

As disclosed parenthetically within the Company's consolidated statements of operations, the Company has recorded expenses from related parties. The following table summarizes those balances (in thousands):



	Three Months Ended
	June 30,
	2018		2017
Danaher:
Cost of product revenue	$	—	$	—
Cost of service revenue	—		—
Research and development expenses	—		—
Sales and marketing	—		2
General and administrative expenses	—		1
	$	—	$	3
Fortive:
Cost of product revenue	$	—	$	245
Cost of service revenue	174		29
Research and development expenses	2		3
Sales and marketing	—		—
General and administrative expenses	13		243
	$	189	$	520

As disclosed within the Company's consolidated statements of cash flows, the Company has cash flows resulting from amounts due to related parties and due from related parties. The following table summarizes those cash flows (in thousands):



	Three Months Ended
	June 30,
	2018			2017
Due from related party:
Danaher	$	58		$	—
Fortive	1,478			—
Total	$	1,536		$	—

Due to related party:
Danaher	$	259		$	63
Fortive	(9		)	(85		)
Total	$	250		$	(22	)