Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jun. 30, 2015

Accounting Policies [Abstract]

Allowance for Credit Losses on Financing Receivables

The following table is a summary of the allowance for doubtful accounts (in thousands).

Description	Balance at beginning of period		Charges to bad debt expenses		(Deductions) (1)			Balance at end of period
Year Ended June 30, 2015:
Allowance for doubtful accounts	$	918	940		(542		)	$	1,316
Year Ended June 30, 2014:
Allowance for doubtful accounts	475		468		(25		)	$	918
Year Ended June 30, 2013:
Allowance for doubtful accounts	$	384	$	312	$	(221	)	$	475
(1) Uncollectible accounts written off, net of recoveries

The following table is a summary of our allowance for sales returns (in thousands).

Description	Balance at beginning of period		Additions		(Deductions)			Balance at end of period
Year Ended June 30, 2015:
Allowance for sales returns	$	2,700	3,306		(4,926		)	$	1,080
Year Ended June 30, 2014:
Allowance for sales returns	777		3,063		(1,140		)	$	2,700
Year Ended June 30, 2013:
Allowance for sales returns	$	1,262	$	130	$	(615	)	$	777

Schedule of Revenue by Major Customers by Reporting Segments

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

	Year Ended
	June 30, 2015		June 30, 2014		June 30, 2013
Tech Data Corporation	15	%	11	%	10	%
Westcon Group Inc.	15	%	11	%	16	%
Scansource, Inc.	*		*		12	%
* Less than 10% of net revenue

The following table sets forth major customers accounting for 10% or more of our accounts receivable balance.

	As of
	June 30, 2015		June 30, 2014
Westcon Group Inc.	27	%	19	%
Tech Data Corporation	*		13	%
* Less than 10% of accounts receivable

Schedule of Inventory

The following is a summary of our inventory by category (in thousands).

	June 30
	2015		2014
Finished goods	$	55,301	$	56,298
Raw materials	2,713		811
Total Inventory	$	58,014	$	57,109

Cash, Cash Equivalents and Investments

The following is a summary of Cash and Available-for-Sale Securities (in thousands)

	June 30
	2015		2014
Cash	$	71,455	$	72,623
Cash equivalents	4,770		567
Short-term investments	—		32,692
Total available-for-sale	$	4,770	$	33,259
Total cash and available for sale securities	$	76,225	$	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
June 30, 2015
Money market funds	$	4,770	$	4,770	$	—	$	—
Classified as:
Cash equivalents	$	4,770	$	4,770	$	—	$	—
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 Company did not have any available-for sale investments in debt securities at June 30, 2015.

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

	Amortized Cost		Fair Value
Due in 1 year or less	$	23,512	$	23,598
Due in 1-2 years	6,049		6,070
Due in 2-5 years	3,017		3,024
Total investments in available for sale debt securities	$	32,578	$	32,692

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table presents the Company’s fair value hierarchy for its financial assets measured at fair value on a recurring basis (in thousands):

June 30, 2015	Level 1		Level 2		Level 3		Total
Assets
Investments:
Money market funds	$	4,770	$	—	$	—	$	4,770
Investment in non-marketable equities	—		—		3,000		3,000
Total	$	4,770	$	—	$	3,000	$	7,770

June 30, 2014	Level 1		Level 2		Level 3		Total
Assets
Investments:
Money market funds	$	567	$	—	$	—	$	567
Corporate notes/bonds	—		32,692		—		32,692
Foreign currency forward contracts	—		21		—		21
Total	$	567	$	32,713	$	—	$	32,280

Property, Plant and Equipment

Property and equipment consist of the following (in thousands):

	June 30, 2015			June 30, 2014
Computer equipment	$	32,753		$	27,319
Purchased software	5,425			10,859
Office equipment, furniture and fixtures	10,908			28,813
Leasehold improvements	24,293			29,029
	73,379			96,020
Less: accumulated depreciation and amortization	(33,517		)	(49,466		)
Property and equipment, net	$	39,862		$	46,554

Schedule of Goodwill

The following table reflects the changes in the carrying amount of goodwill (in thousands):

	June 30, 2015		June 30, 2014
Balance at beginning of period	$	70,877	$	—
Acquisition of Enterasys (Note 2)	—		70,877
Balance at end of period	$	70,877	$	70,877

Schedule of Intangible Assets

The following tables summarize the components of gross and net intangible asset balances (in thousands):

	Weighted Average Remaining Amortization Period	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
June 30, 2015
Developed technology	1.2 years	$	48,000	$	28,194	$	19,806
Customer relationships	1.3 years	37,000		20,556		16,444
Maintenance contracts	3.3 years	17,000		5,667		11,333
Trademarks	1.3 years	2,500		1,389		1,111
Order backlog	0.3 years	7,400		6,967		433
License Agreements	10.2 years	10,924		8,620		2,304
Other Intangibles	3.8 years	2,684		1,983		701
		$	125,508	$	73,376	$	52,132

	Weighted Average Remaining Amortization Period	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
June 30, 2014
Developed technology	2.2 years	$	48,000	$	11,028	$	36,972
Customer relationships	2.3 years	37,000		8,222		28,778
Maintenance contracts	4.3 years	17,000		2,267		14,733
Trademarks	2.3 years	2,500		555		1,945
Order backlog	1.3 years	7,400		5,667		1,733
License Agreements	11.2 years	10,447		8,141		2,306
Other Intangibles	4.8 years	2,547		1,555		992
		$	124,894	$	37,435	$	87,459

Schedule of Expected Amortization Expense

The estimated future amortization expense to be recorded for each of the next five years is as follows (in thousands):

For the fiscal year ending:
2016	$	32,412
2017	13,254
2018	3,724
2019	1,457
2020	324
Thereafter,	961
Total	$	52,132

Deferred Revenue, by Arrangement, Disclosure

The following table summarizes deferred revenue, net as of June 30, 2015 and 2014, respectively, (in thousands):

	June 30, 2015		June 30, 2014
Deferred services	$	87,441	$	89,657
Deferred product and other revenue	12,341		8,020
Total deferred revenue	99,782		97,677
Less: current portion	76,551		74,735
Non-current deferred revenue, net	$	23,231	$	22,942

Deferred Revenue Roll Forward

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

	Year Ended
	June 30, 2015			June 30, 2014
Balance beginning of period	$	89,657		$	38,003
Assumed from acquisition	—			35,879
New support arrangements	119,906			113,412
Recognition of support revenue	(122,122		)	(97,637		)
Balance end of period	87,441			89,657
Less: current portion	64,210			66,715
Non-current deferred revenue	$	23,231		$	22,942

Schedule of Deferred Distributors Revenue

The following table summarizes deferred distributors revenue, net of cost of sales to distributors as of June 30, 2015 and 2014, respectively (in thousands):

	Year Ended
	June 30, 2015			June 30, 2014
Deferred distributors revenue	$	53,366		$	40,715
Deferred cost of sales to distributors	(12,491		)	(8,723		)
Total deferred distributors revenue, net of cost of sales to distributors	$	40,875		$	31,992

Schedule of Debt

The Company's debt is comprised of the following:

	Year Ended
	June 30, 2015		June 30, 2014
Current portion of long-term debt:
Term Loan	$	11,375	$	5,688
Revolving Facility	—		24,000
Current portion of long-term debt	$	11,375	$	29,688
Long-term debt, less current portion:
Term Loan	$	45,500	$	56,875
Revolving Facility	10,000		35,000
Total long-term debt, less current portion	$	55,500	$	91,875
Total debt	$	66,875	$	121,563

Schedule of Maturities of Long-term Debt

The Company's debt repayment schedule by period is as follows (in thousands):

For the fiscal year ending:
2016	$	11,375
2017	17,875
2018	21,938
2019	15,687
Total	$	66,875

Schedule of Product Warranty Liability

The following table summarizes the activity related to the Company’s product warranty liability during fiscal years 2015 and 2014:

	Year ended
	June 30, 2015			June 30, 2014
Balance beginning of period	$	7,551		$	3,296
Assumed from acquisition	—			3,702
New warranties issued	8,822			6,225
Warranty expenditures	(7,697		)	(5,672		)
Balance end of period	$	8,676		$	7,551

Schedule of Other Accrued Liabilities

The following are the components of other accrued liabilities (in thousands):

	June 30, 2015		June 30, 2014
Accrued general and administrative costs	$	1,204	$	4,018
Restructuring	5,854		322
Other accrued liabilities	25,565		34,017
Total	$	32,623	$	38,357