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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Jun. 30, 2015
Current assets:    
Cash and cash equivalents $ 82,025 $ 76,225
Accounts receivable, net of allowances of $2,876 at September 30, 2015 and $2,396 at June 30, 2015 60,330 92,737
Inventories 61,679 58,014
Deferred income taxes 696 760
Prepaid expenses and other current assets 10,510 10,258
Total current assets 215,240 237,994
Property and equipment, net 35,594 39,862
Intangible assets, net 43,241 52,132
Goodwill 70,877 70,877
Other assets 28,535 27,795
Total assets 393,487 428,660
Current liabilities:    
Current portion of long-term debt 13,000 11,375
Accounts payable 29,933 40,135
Accrued compensation and benefits 21,375 25,195
Accrued warranty 9,244 8,676
Deferred revenue, net 73,712 76,551
Deferred distributors revenue, net of cost of sales to distributors 33,976 40,875
Other accrued liabilities 27,379 32,623
Total current liabilities 208,619 235,430
Deferred revenue, less current portion 21,945 23,231
Long-term debt, less current portion 52,250 55,500
Deferred income taxes 3,224 2,979
Other long-term liabilities $ 9,078 $ 7,285
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Convertible preferred stock, $.001 par value, issuable in series, 2,000,000 shares authorized; none issued $ 0 $ 0
Common stock, $.001 par value, 750,000,000 shares authorized; 101,338,567 shares issued and outstanding at September 30, 2015 and 100,284,106 shares issued and outstanding at June 30, 2015 101 100
Additional paid-in-capital 871,807 865,282
Accumulated other comprehensive loss (2,155) (1,291)
Accumulated deficit (771,382) (759,856)
Total stockholders’ equity 98,371 104,235
Total liabilities and stockholders’ equity $ 393,487 $ 428,660