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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Jun. 30, 2023
Current assets:    
Cash and cash equivalents $ 151,007 $ 234,826
Accounts receivable, net 94,438 182,045
Inventories 185,357 89,024
Prepaid expenses and other current assets 75,182 70,263
Total current assets 505,984 576,158
Property and equipment, net 47,254 46,448
Operating lease right-of-use assets, net 44,236 34,739
Intangible assets, net 11,789 16,063
Goodwill 394,177 394,755
Other assets 82,028 73,544
Total assets 1,085,468 1,141,707
Current liabilities:    
Current portion of long-term debt, net of unamortized debt issuance costs of $674 and $674, respectively 9,326 34,326
Accounts payable 81,483 99,724
Accrued compensation and benefits 44,053 71,367
Accrued warranty 11,067 12,322
Current portion of operating lease liabilities 9,989 10,847
Current portion of deferred revenue 299,580 282,475
Other accrued liabilities 72,804 64,440
Total current liabilities 528,302 575,501
Deferred revenue, less current portion 258,731 219,024
Long-term debt, less current portion, net of unamortized debt issuance costs of $1,903 and $2,409, respectively 180,597 187,591
Operating lease liabilities, less current portion 42,248 31,845
Deferred income taxes 7,476 7,747
Other long-term liabilities 3,152 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; 148,105 and 143,629 shares issued, respectively; 129,886 and 127,775 shares outstanding, respectively 148 144
Additional paid-in-capital 1,204,885 1,173,744
Accumulated other comprehensive loss (14,511) (13,192)
Accumulated deficit (887,759) (855,998)
Treasury stock at cost, 18,219 and 15,854 shares, respectively (237,801) (187,946)
Total stockholders’ equity 64,962 116,752
Total liabilities and stockholders’ equity $ 1,085,468 $ 1,141,707