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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2023
Jun. 30, 2023
Current assets:    
Cash and cash equivalents $ 221,403 $ 234,826
Accounts receivable, net 112,047 182,045
Inventories 152,521 89,024
Prepaid expenses and other current assets 72,272 70,263
Total current assets 558,243 576,158
Property and equipment, net 47,598 46,448
Operating lease right-of-use assets, net 47,124 34,739
Intangible assets, net 13,104 16,063
Goodwill 395,606 394,755
Other assets 80,983 73,544
Total assets 1,142,658 1,141,707
Current liabilities:    
Current portion of long-term debt, net of unamortized debt issuance costs of $675 and $674, respectively 9,325 34,326
Accounts payable 87,790 99,724
Accrued compensation and benefits 50,862 71,367
Accrued warranty 11,397 12,322
Current portion of operating lease liabilities 10,686 10,847
Current portion of deferred revenue 300,399 282,475
Other accrued liabilities 78,507 64,440
Total current liabilities 548,966 575,501
Deferred revenue, less current portion 247,777 219,024
Long-term debt, less current portion, net of unamortized debt issuance costs of $2,069 and $2,409, respectively 182,931 187,591
Operating lease liabilities, less current portion 43,852 31,845
Deferred income taxes 7,748 7,747
Other long-term liabilities 3,200 3,247
Commitments and contingencies (Note 8)
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; 146,843 and 143,629 shares issued, respectively; 128,624 and 127,775 shares outstanding, respectively 147 144
Additional paid-in-capital 1,181,230 1,173,744
Accumulated other comprehensive loss (12,058) (13,192)
Accumulated deficit (823,334) (855,998)
Treasury stock at cost, 18,219 and 15,854 shares, respectively (237,801) (187,946)
Total stockholders’ equity 108,184 116,752
Total liabilities and stockholders’ equity $ 1,142,658 $ 1,141,707