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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Jun. 30, 2016
Current assets:    
Cash and cash equivalents $ 102,265 $ 94,122
Accounts receivable, net of allowances of $2,582 at September 30, 2016 and $3,257 at June 30, 2016 68,246 81,419
Inventories 43,395 40,989
Prepaid expenses and other current assets 11,507 12,438
Total current assets 225,413 228,968
Property and equipment, net 30,058 29,580
Intangible assets, net 11,707 19,762
Goodwill 70,877 70,877
Other assets 25,054 25,236
Total assets 363,109 374,423
Current liabilities:    
Current portion of long-term debt 19,269 17,628
Accounts payable 28,332 30,711
Accrued compensation and benefits 19,827 27,145
Accrued warranty 8,620 9,600
Deferred revenue, net 70,697 72,934
Deferred distributors revenue, net of cost of sales to distributors 30,229 26,817
Other accrued liabilities 27,382 26,691
Total current liabilities 204,356 211,526
Deferred revenue, less current portion 21,540 21,926
Long-term debt, less current portion 32,621 37,446
Deferred income taxes 5,129 4,693
Other long-term liabilities 8,728 8,635
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Convertible preferred stock, $.001 par value, issuable in series, 2,000,000 shares authorized; none issued
Common stock, $.001 par value, 750,000,000 shares authorized; 106,899,623 shares issued and outstanding at September 30, 2016 and 104,942,665 shares issued and outstanding at June 30, 2016 107 105
Additional paid-in-capital 891,595 884,706
Accumulated other comprehensive loss (2,748) (2,874)
Accumulated deficit (798,219) (791,740)
Total stockholders’ equity 90,735 90,197
Total liabilities and stockholders’ equity $ 363,109 $ 374,423