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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Jun. 30, 2016
Current assets:    
Cash and cash equivalents $ 117,280 $ 94,122
Accounts receivable, net of allowances of $2,160 at March 31, 2017 and $3,257 at June 30, 2016 101,960 81,419
Inventories 47,689 40,989
Prepaid expenses and other current assets 25,343 12,438
Total current assets 292,272 228,968
Property and equipment, net 30,409 29,580
Intangible assets, net 27,766 19,762
Goodwill 82,680 70,877
Other assets 23,454 25,236
Total assets 456,581 374,423
Current liabilities:    
Current portion of long-term debt 11,149 17,628
Accounts payable 35,629 30,711
Accrued compensation and benefits 28,170 27,145
Accrued warranty 10,030 9,600
Deferred revenue, net 78,918 72,934
Deferred distributors revenue, net of cost of sales to distributors 44,258 26,817
Other accrued liabilities 37,062 26,691
Total current liabilities 245,216 211,526
Deferred revenue, less current portion 23,856 21,926
Long-term debt, less current portion 83,775 37,446
Deferred income taxes 6,140 4,693
Other long-term liabilities 9,808 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; 109,997,087 shares issued and outstanding at March 31, 2017 and 104,942,665 shares issued and outstanding at June 30, 2016 110 105
Additional paid-in-capital 903,209 884,706
Accumulated other comprehensive loss (3,099) (2,874)
Accumulated deficit (812,434) (791,740)
Total stockholders’ equity 87,786 90,197
Total liabilities and stockholders’ equity $ 456,581 $ 374,423