Balance Sheet Accounts (Tables)

3 Months Ended

Sep. 30, 2014

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Cash, Cash Equivalents, Short-Term Investments and Marketable Securities

Summary of Cash and Available-for-Sale Securities (in thousands)

	September 30, 2014		June 30, 2014
Cash	$	71,190	$	72,623
Cash equivalents	$	2,877	$	567
Short-term investments	30,395		32,692
Total available-for-sale	$	33,272	$	33,259
Total cash, cash equivalents and available for sale securities	$	104,462	$	105,882

Available-for-sale Securities

The following is a summary of available-for-sale securities (in thousands): 

	Amortized Cost		Fair Value		Unrealized Holding Gains		Unrealized Holding Losses
September 30, 2014
Money market funds	$	2,877	$	2,877	$	—	$	—
U.S. corporate debt securities	30,338		30,395		57		—
	$	33,215	$	33,272	$	57	$	—
Classified as:
Cash equivalents	$	2,877	$	2,877	$	—	$	—
Short-term investments	30,338		30,395		57		—
	$	33,215	$	33,272	$	57	$	—
June 30, 2014
Money market funds	$	567	$	567	$	—	$	—
U.S. corporate debt securities	32,578		32,692		114		—
	$	33,145	$	33,259	$	114	$	—
Classified as:
Cash equivalents	$	567	$	567	$	—	$	—
Short-term investments	32,578		32,692		114		—
Marketable securities	—		—		—		—
	$	33,145	$	33,259	$	114	$	—

The amortized cost and estimated fair value of available-for-sale investments in debt securities at September 30, 2014, by contractual maturity, were as follows (in thousands):

	Amortized Cost		Fair Value
Due in 1 year or less	$	23,312	$	23,363
Due in 1-2 years	6,024		6,027
Due in 2-5 years	1,002		1,005
Total investments in available for sale debt securities	$	30,338	$	30,395

Schedule of Deferred Revenue, Net

The following table summarizes deferred revenue, net at September 30, 2014 and June 30, 2014, respectively (in thousands):

	September 30, 2014		June 30, 2014
Deferred services	$	87,012	$	89,657
Deferred product and other revenue	7,555		8,020
Total deferred revenue	94,567		97,677
Less: current portion	72,599		74,735
Non-current deferred revenue, net	$	21,968	$	22,942

Change in Deferred Support Revenue

The change in the Company’s deferred support revenue balance in relation to these arrangements was as follows (in thousands):

	Three Months Ended
	September 30, 2014			September 30, 2013
Balance beginning of period	$	89,657		$	38,003
New support arrangements	28,539			13,343
Recognition of support revenue	(31,184		)	(14,255		)
Balance end of period	87,012			37,091
Less: current portion	65,044			28,935
Non-current deferred revenue	$	21,968		$	8,156

Schedule of Deferred Distributors Revenue

The following table summarizes deferred distributors revenue, net of cost of sales to distributors at September 30, 2014 and June 30, 2014, respectively (in thousands):

	September 30, 2014			June 30, 2014
Deferred distributors revenue	$	34,206		$	40,715
Deferred cost of sales to distributors	(8,146		)	(8,723		)
Deferred distributors revenue, net of cost of sales to distributors	$	26,060		$	31,992

Schedule of Debt

The Company's debt is comprised of the following:

	September 30, 2014
Current portion of long-term debt:
Term Loan	6,500
Revolving Facility	24,000
Current portion of long-term debt	30,500
Long-term debt, less current portion:
Term Loan	55,250
Revolving Facility	35,000
Total long-term debt, less current portion	90,250
Total debt	120,750

Schedule of Product Warranty Liability

The following table summarizes the activity related to the Company’s product warranty liability during the three months ended September 30, 2014 and 2013:

	Three Months Ended
	September 30, 2014			September 30, 2013
Balance beginning of period	$	7,551		$	3,296
New warranties issued	2,265			1,304
Warranty expenditures	(1,927		)	(1,160		)
Balance end of period	$	7,889		$	3,440

Schedules of Concentration of Risk, by Risk Factor

The following table sets forth major customers accounting for 10% or more of our net revenue:

	Three Months Ended
	September 30, 2014	September 30, 2013
Tech Data	14%	*
Westcon Group Inc.	13%	18%
Scansource, Inc.	*	14%
* Less than 10% of revenue