Balance Sheet Accounts (Tables)

3 Months Ended

Sep. 30, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

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

ummary of cash and available-for-sale securities (in thousands):

	September 30, 2015		June 30, 2015
Cash	$	77,257	$	71,455
Cash equivalents	$	4,768	$	4,770
Total available-for-sale	$	4,768	$	4,770
Total cash, cash equivalents and available for sale securities	$	82,025	$	76,225

Schedule of Inventory

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

	September 30, 2015		June 30, 2015
Finished goods	$	59,373	$	55,301
Raw materials	2,306		2,713
Total Inventory	$	61,679	$	58,014

Property, Plant and Equipment

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

	September 30, 2015			June 30, 2015
Computer equipment	$	32,304		$	32,753
Purchased software	5,531			5,425
Office equipment, furniture and fixtures	11,027			10,908
Leasehold improvements	22,871			24,293
	71,733			73,379
Less: accumulated depreciation and amortization	(36,139		)	(33,517		)
Property and equipment, net	$	35,594		$	39,862

Schedule of Finite-Lived 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
September 30, 2015
Developed technology	0.9 years	$	48,000	$	32,486	$	15,514
Customer relationships	1.0 years	37,000		23,639		13,361
Maintenance contracts	3.0 years	17,000		6,517		10,483
Trademarks	1.0 years	2,500		1,597		903
Order backlog	0.0 years	7,400		7,292		108
License agreements	9.9 years	3,596		1,392		2,204
Other intangibles	4.2 years	1,762		1,094		668
Total intangibles, net		$	117,258	$	74,017	$	43,241

	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
Total intangibles, net		$	125,508	$	73,376	$	52,132

Schedule of Accrued Liabilities

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

	September 30, 2015		June 30, 2015
Accrued general and administrative costs	$	4,216	$	1,204
Restructuring	3,629		5,854
Other accrued liabilities	19,534		25,565
Total other accrued liabilities	$	27,379	$	32,623

Schedule of Deferred Revenue, Net

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

	September 30, 2015		June 30, 2015
Deferred services	$	85,255	$	87,441
Deferred product and other revenue	10,402		12,341
Total deferred revenue	95,657		99,782
Less: current portion	73,712		76,551
Non-current deferred revenue, net	$	21,945	$	23,231

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, 2015			September 30, 2014
Balance beginning of period	$	87,441		$	89,657
New support arrangements	27,046			28,539
Recognition of support revenue	(29,232		)	(31,184		)
Balance end of period	85,255			87,012
Less: current portion	63,310			65,044
Non-current deferred revenue	$	21,945		$	21,968

Schedule of Deferred Distributors Revenue

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

	September 30, 2015			June 30, 2015
Deferred distributors revenue	$	44,625		$	53,366
Deferred cost of sales to distributors	(10,649		)	(12,491		)
Deferred distributors revenue, net of cost of sales to distributors	$	33,976		$	40,875

Schedule of Debt

The Company's debt is comprised of the following:

	September 30, 2015		June 30, 2015
Current portion of long-term debt:
Term Loan	$	13,000	$	11,375
Current portion of long-term debt	$	13,000	$	11,375
Long-term debt, less current portion:
Term Loan	$	42,250	$	45,500
Revolving Facility	10,000		10,000
Total long-term debt, less current portion	52,250		55,500
Total debt	$	65,250	$	66,875

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, 2015 and 2014:

	Three Months Ended
	September 30, 2015			September 30, 2014
Accrued warranty beginning of period	$	8,676		$	7,551
New warranties issued	2,564			2,265
Warranty expenditures	(1,996		)	(1,927		)
Accrued warranty end of period	$	9,244		$	7,889

Schedule of Major Customers

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

	Three Months Ended
	September 30, 2015	September 30, 2014
Westcon Group Inc.	16%	13%
Techdata	12%	14%
Jenne	11%	*
* Less than 10% of net revenue