Balance Sheet Accounts (Tables)

9 Months Ended

Mar. 31, 2015

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)

	March 31, 2015		June 30, 2014
Cash	$	54,288	$	72,623
Cash equivalents	19,779		567
Short-term investments	1,506		32,692
Total available-for-sale	$	21,285	$	33,259
Total cash, cash equivalents and available-for-sale securities	$	75,573	$	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
March 31, 2015
Money market funds	$	19,779	$	19,779	$	—	$	—
U.S. corporate debt securities	1,506		1,506				—
	$	21,285	$	21,285	$	—	$	—
Classified as:
Cash equivalents	$	19,779	$	19,779	$	—	$	—
Short-term investments	1,506		1,506				—
	$	21,285	$	21,285	$	—	$	—
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 March 31, 2015, by contractual maturity, were as follows (in thousands):

	Amortized Cost		Fair Value
Due in 1 year or less	$	21,285	$	21,285
Total investments in available-for-sale debt securities	$	21,285	$	21,285

Schedule of Deferred Revenue, Net

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

	March 31, 2015		June 30, 2014
Deferred services	$	88,737	$	89,657
Deferred product and other revenue	7,610		8,020
Total deferred revenue	96,347		97,677
Less: current portion	73,206		74,735
Non-current deferred revenue, net	$	23,141	$	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						Nine Months Ended
	March 31, 2015			March 31, 2014			March 31, 2015			March 31, 2014
Balance beginning of period	$	91,373		$	81,485		$	89,657		$	38,003
Assumed from acquisition	—			—			—			35,879
New support arrangements	27,198			30,986			91,254			77,475
Recognition of support revenue	(29,834		)	(28,265		)	(92,174		)	(67,151		)
Balance end of period	88,737			84,206			88,737			84,206
Less: current portion	65,596			64,539			65,596			64,539
Non-current deferred revenue	$	23,141		$	19,667		$	23,141		$	19,667

Schedule of Deferred Distributors Revenue

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

	March 31, 2015			June 30, 2014
Deferred distributors' revenue	$	46,230		$	40,715
Deferred cost of sales to distributors	(10,543		)	(8,723		)
Deferred distributors revenue, net of cost of sales to distributors	$	35,687		$	31,992

Schedule of Debt

The Company's debt is comprised of the following (in thousands):

	March 31, 2015		June 30, 2014
Current portion of long-term debt:
Term Loan	$	9,750	$	5,688
Revolving Facility	—		24,000
Current portion of long-term debt	$	9,750	$	29,688
Long-term debt, less current portion:
Term Loan	$	48,750	$	56,875
Revolving Facility	10,000		35,000
Total long-term debt, less current portion	58,750		91,875
Total debt	$	68,500	$	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 nine months ended March 31, 2015 and 2014, (in thousands):

	Three Months Ended						Nine Months Ended
	March 31, 2015			March 31, 2014			March 31, 2015			March 31, 2014
Balance beginning of period	$	7,845		$	7,479		$	7,551		$	3,296
Assumed from acquisition	—			—			—			3,732
New warranties issued	1,751			1,824			5,699			4,782
Warranty expenditures	(1,717		)	(1,478		)	(5,371		)	(3,985		)
Balance end of period	$	7,879		$	7,825		$	7,879		$	7,825

Schedule of Major Customers

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

	Three Months Ended		Nine Months Ended
	March 31, 2015	March 31, 2014	March 31, 2015	March 31, 2014
Westcon Group, Inc.	16%	14%	14%	13%
ScanSource, Inc.	13%	*	*	*
Tech Data Corporation	*	16%	14%	12%
* Less than 10% of net revenue