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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Jun. 30, 2022
Current assets:    
Cash and cash equivalents $ 234,826 $ 194,522
Accounts receivable, net 182,045 184,097
Inventories 89,024 49,231
Prepaid expenses and other current assets 70,263 61,239
Total current assets 576,158 489,089
Property and equipment, net 46,448 49,578
Operating lease right-of-use assets, net 34,739 36,454
Intangible assets, net 16,063 32,515
Goodwill 394,755 400,144
Other assets 73,544 60,730
Total assets 1,141,707 1,068,510
Current liabilities:    
Current portion of long-term debt, net of unamortized debt issuance costs of $674 and $2,276, respectively 34,326 33,349
Accounts payable 99,724 84,338
Accrued compensation and benefits 71,367 53,710
Accrued warranty 12,322 10,852
Current portion of operating lease liabilities 10,847 13,956
Current portion of deferred revenue 282,475 238,262
Other accrued liabilities 64,440 65,714
Total current liabilities 575,501 500,181
Deferred revenue, less current portion 219,024 163,357
Long-term debt, less current portion, net of unamortized debt issuance costs of $2,409 and $2,430, respectively 187,591 270,570
Operating lease liabilities, less current portion 31,845 33,256
Deferred income taxes 7,747 7,717
Other long-term liabilities 3,247 3,086
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Convertible preferred stock, $0.001 par value, issuable in series, 2,000 shares authorized; none issued
Common stock, $0.001 par value, 750,000 shares authorized; 143,629 and 139,742 shares issued, respectively; 127,775 and 129,263 shares outstanding, respectively 144 140
Additional paid-in-capital 1,173,744 1,115,416
Accumulated other comprehensive loss (13,192) (3,055)
Accumulated deficit (855,998) (934,072)
Treasury stock at cost, 15,854 and 10,479 shares, respectively (187,946) (88,086)
Total stockholders’ equity 116,752 90,343
Total liabilities and stockholders’ equity $ 1,141,707 $ 1,068,510