Income Taxes (Tables)

12 Months Ended

Jun. 30, 2016

Schedule of Income before Income Tax, Domestic and Foreign

Income before income taxes is as follows (in thousands):

	Year Ended
	June 30,			June 30,			June 30,
	2016			2015			2014
Domestic	$	(31,700	)	$	(72,176	)	$	(70,321	)
Foreign		4,152			5,340			17,200
Total	$	(27,548	)	$	(66,836	)	$	(53,121	)

Schedule of Components of Income Tax Expense (Benefit)

The provision for income taxes for fiscal years 2016, 2015 and 2014 consisted of the following (in thousands):

	Year Ended
	June 30,			June 30,		June 30,
	2016			2015		2014
Current:
Federal	$	727		$	476	$	22
State		75			13		329
Foreign		1,793			2,447		2,987
Total current		2,595			2,936		3,338
Deferred:
Federal		1,659			1,507		1,632
State		108			103		76
Foreign		(26	)		261		(857	)
Total deferred		1,741			1,871		851
Provision for income taxes	$	4,336		$	4,807	$	4,189

Schedule of Effective Income Tax Rate Reconciliation

The difference between the provision for income taxes and the amount computed by applying the federal statutory income tax rate (35 percent) to income before taxes is explained below (in thousands):

	Year Ended
	June 30,			June 30,			June 30,
	2016			2015			2014
Tax at federal statutory rate	$	(9,642	)	$	(23,392	)	$	(18,592	)
State income tax, net of federal benefit		75			13			329
Change in valuation allowance		7,898			24,408			22,565
Research and development credits		(1,364	)		(303	)		(1,836	)
Foreign earnings taxed at other than U.S. rates		1,678			(1,113	)		(346	)
Stock based compensation		3,564			2,298			348
Goodwill amortization		1,672			1,690			1,097
Other		455			1,206			624
Provision for income taxes	$	4,336		$	4,807		$	4,189

Schedule of Deferred Tax Assets and Liabilities

Significant components of the Company’s deferred tax assets are as follows (in thousands):

	June 30,			June 30,			June 30,
	2016			2015			2014
Deferred tax assets:
Net operating loss carry-forwards	$	108,563		$	114,151		$	97,630
Tax credit carry-forwards		32,730			30,824			30,019
Depreciation		—			—			129
Intangible amortization		28,480			17,978			6,061
Deferred revenue (net)		7,955			7,811			10,540
Warrant amortization		—			1,355			2,723
Inventory write-downs		6,207			6,048			3,265
Other allowances and accruals		10,568			8,645			6,380
Stock based compensation		4,048			6,783			6,257
Other		4,275			5,902			10,772
Total deferred tax assets		202,826			199,497			173,776
Valuation allowance		(201,405	)		(197,576	)		(172,475	)
Total net deferred tax assets		1,421			1,921			1,301
Deferred tax liabilities:
Depreciation		(343	)		(707	)		—
Goodwill amortization		(4,459	)		(2,787	)		(1,097	)
Foreign exchange gain		—			—			(2,670	)
Deferred tax liability on foreign withholdings		(235	)		(194	)		(167	)
Total deferred tax liabilities		(5,037	)		(3,688	)		(3,934	)
Net deferred tax assets (liabilities)	$	(3,616	)	$	(1,767	)	$	(2,633	)
Recorded as:
Net current deferred tax assets	$	—		$	760		$	1,058
Net non-current deferred tax assets		1,077			452			230
Net current deferred tax liabilities		—			—			(2,657	)
Net non-current deferred tax liabilities		(4,693	)		(2,979	)		(1,264	)
Net deferred tax assets (liabilities)	$	(3,616	)	$	(1,767	)	$	(2,633	)

Schedule of Unrecognized Tax Benefits Roll Forward

A reconciliation of the beginning and ending amount of total unrecognized tax benefits is as follows (in thousands):

Balance at June 30, 2013	$	10,898
Decrease related to prior year tax positions		—
Increase related to prior year tax positions		415
Increase related to current year tax positions		464
Lapse of statute of limitations		(177	)
Balance at June 30, 2014	$	11,600
Decrease related to prior year tax positions		(225	)
Increase related to prior year tax positions		288
Increase related to current year tax positions		254
Lapse of statute of limitations		(158	)
Settlements with tax authorities		(400	)
Balance at June 30, 2015	$	11,359
Increase related to prior year tax positions		174
Increase related to current year tax positions		120
Balance at June 30, 2016	$	11,653