Balance Sheet Accounts (Tables)

6 Months Ended

Dec. 31, 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)

	December 31, 2014		June 30, 2014
Cash	$	88,021	$	72,623
Cash equivalents	$	951	$	567
Short-term investments	20,321		32,692
Total available-for-sale	$	21,272	$	33,259
Total cash, cash equivalents and available for sale securities	$	109,293	$	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
December 31, 2014
Money market funds	$	951	$	951	$	—	$	—
U.S. corporate debt securities	20,317		20,321		4		—
	$	21,268	$	21,272	$	4	$	—
Classified as:
Cash equivalents	$	951	$	951	$	—	$	—
Short-term investments	20,317		20,321		4		—
	$	21,268	$	21,272	$	4	$	—
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		—
	$	33,145	$	33,259	$	114	$	—

The amortized cost and estimated fair value of available-for-sale investments in debt securities at December 31, 2014, by contractual maturity, were as follows (in thousands):

	Amortized Cost		Fair Value
Due in 1 year or less	$	20,317	$	20,321
Total investments in available for sale debt securities	$	20,317	$	20,321

Schedule of Deferred Revenue, Net

The following table summarizes deferred revenue, net (in thousands):

	December 31, 2014		June 30, 2014
Deferred services	$	91,373	$	89,657
Deferred product and other revenue	6,920		8,020
Total deferred revenue	98,293		97,677
Less: current portion	74,353		74,735
Non-current deferred revenue, net	$	23,940	$	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						Six Months Ended
	December 31, 2014			December 31, 2013			December 31, 2014			December 31, 2013
Balance beginning of period	$	87,012		$	37,091		$	89,657		$	38,003
Assumed from acquisition	—			35,879			—			35,879
New support arrangements	35,517			33,146			64,056			46,489
Recognition of support revenue	(31,156		)	(24,631		)	(62,340		)	(38,886		)
Balance end of period	91,373			81,485			91,373			81,485
Less: current portion	67,433			63,150			67,433			63,150
Non-current deferred revenue	$	23,940		$	18,335		$	23,940		$	18,335

Schedule of Deferred Distributors Revenue

The following table summarizes deferred distributors revenue, net of cost of sales to distributors (in thousands):

	December 31, 2014			June 30, 2014
Deferred distributors revenue	$	40,901		$	40,715
Deferred cost of sales to distributors	(9,729		)	(8,723		)
Deferred distributors revenue, net of cost of sales to distributors	$	31,172		$	31,992

Schedule of Debt

The Company's debt is comprised of the following:

	December 31, 2014		June 30, 2014
Current portion of long-term debt:
Term Loan	$	8,125	$	5,688
Revolving Facility	—		24,000
Current portion of long-term debt	$	8,125	$	29,688
Long-term debt, less current portion:
Term Loan	$	52,000	$	56,875
Revolving Facility	29,000		35,000
Total long-term debt, less current portion	81,000		91,875
Total debt	$	89,125	$	121,563

Schedule of Product Warranty Liability

The following table summarizes the activity related to the Company’s product warranty liability during the three and six months ended December 31, 2014 and 2013:

	Three Months Ended						Six Months Ended
	December 31, 2014			December 31, 2013			December 31, 2014			December 31, 2013
Balance beginning of period	$	7,889		$	3,440		$	7,551		$	3,296
Assumed from acquisition	—			3,732			—			3,732
New warranties issued	1,683			1,654			3,948			2,958
Warranty expenditures	(1,727		)	(1,347		)	(3,654		)	(2,507		)
Balance end of period	$	7,845		$	7,479		$	7,845		$	7,479

Schedule of Major Customers

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

	Three Months Ended		Six Months Ended
	December 31, 2014	December 31, 2013	December 31, 2014	December 31, 2013
Techdata	15%	*	15%	*
Westcon Group Inc.	13%	10%	13%	12%
* Less than 10% of net revenue