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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2016
Jun. 30, 2016
Current assets:    
Cash and cash equivalents $ 103,786 $ 94,122
Accounts receivable, net of allowances of $2,451 at December 31, 2016 and $3,257 at June 30, 2016 117,819 81,419
Inventories 47,394 40,989
Prepaid expenses and other current assets 14,806 12,438
Total current assets 283,805 228,968
Property and equipment, net 30,599 29,580
Intangible assets, net 29,854 19,762
Goodwill 80,713 70,877
Other assets 25,026 25,236
Total assets 449,997 374,423
Current liabilities:    
Current portion of long-term debt 10,020 17,628
Accounts payable 26,841 30,711
Accrued compensation and benefits 28,188 27,145
Accrued warranty 10,228 9,600
Deferred revenue, net 81,404 72,934
Deferred distributors revenue, net of cost of sales to distributors 41,333 26,817
Other accrued liabilities 39,885 26,691
Total current liabilities 237,899 211,526
Deferred revenue, less current portion 24,519 21,926
Long-term debt, less current portion 87,127 37,446
Deferred income taxes 5,615 4,693
Other long-term liabilities 9,017 8,635
Commitments and contingencies (Note 9)
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; 108,051,089 shares issued and outstanding at December 31, 2016 and 104,942,665 shares issued and outstanding at June 30, 2016 108 105
Additional paid-in-capital 896,390 884,706
Accumulated other comprehensive loss (3,848) (2,874)
Accumulated deficit (806,830) (791,740)
Total stockholders’ equity 85,820 90,197
Total liabilities and stockholders’ equity $ 449,997 $ 374,423