Balance Sheet Accounts (Tables)

9 Months Ended

Mar. 31, 2017

Organization Consolidation And Presentation Of Financial Statements [Abstract]

Summary of Cash and Cash Equivalents

The following is a summary of cash and cash equivalents (in thousands):

	March 31, 2017		June 30, 2016
Cash	$	112,996	$	89,847
Cash equivalents		4,284		4,275
Total cash and cash equivalents	$	117,280	$	94,122

Components of Inventory

Inventory consists of the following (in thousands):

	March 31, 2017		June 30, 2016
Finished goods	$	46,658	$	38,751
Raw materials		1,031		2,238
Total Inventory	$	47,689	$	40,989

Components of Property and Equipment

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

	March 31, 2017			June 30, 2016
Computer equipment	$	36,372		$	34,657
Purchased software		11,099			5,574
Office equipment, furniture and fixtures		11,099			10,385
Leasehold improvements		22,505			19,342
Total property and equipment		81,075			69,958
Less: accumulated depreciation and amortization		(50,666	)		(40,378	)
Property and equipment, net	$	30,409		$	29,580

Components of Gross and Net Intangible Asset Balances

The following tables summarize the components of gross and net intangible asset balances (dollars in thousands):

	Weighted Average
	Remaining Amortization	Gross Carrying		Accumulated		Net Carrying
	Period	Amount		Amortization		Amount
March 31, 2017
Developed technology	5.52 years	$	55,600	$	42,056	$	13,544
Customer relationships	3.59 years		40,400		37,354		3,046
Maintenance contracts	1.59 years		17,000		11,617		5,383
Trademarks	4.59 years		5,100		2,717		2,383
License agreements	6.60 years		2,445		1,052		1,393
Other intangibles	2.90 years		1,382		965		417
Total intangibles, net with finite lives			121,927		95,761		26,166
In-process research and development, with indefinite life			1,600		-		1,600
Total intangibles, net		$	123,527	$	95,761	$	27,766

	Weighted Average
	Remaining Amortization	GrossCarrying		Accumulated		Net Carrying
	Period	Amount		Amortization		Amount
June 30, 2016
Developed technology	0.30 years	$	48,000	$	43,028	$	4,972
Customer relationships	0.30 years		37,000		32,889		4,111
Maintenance contracts	2.30 years		17,000		9,067		7,933
Trademarks	0.30 years		2,500		2,222		278
License agreements	9.70 years		3,413		1,473		1,940
Other intangibles	3.70 years		1,428		900		528
Total intangibles, net		$	109,341	$	89,579	$	19,762

Summary of Amortization Expense of Intangibles

The amortization expense of intangibles for the periods presented is summarized below (in thousands):

	Three Months Ended				Nine Months Ended
	March 31, 2017		March 31, 2016		March 31, 2017		March 31, 2016
Amortization in "Cost of revenues: Product"	$	995	$	3,417	$	6,271	$	11,847
Amortization of intangibles		1,193		4,142		7,510		12,860
Total amortization	$	2,188	$	7,559	$	13,781	$	24,707

Summary of Goodwill

The following table summarizes goodwill for the periods presented (in thousands):

	March 31, 2017
Balance as of June 30, 2016	$	70,877
Additions due to acquisition		11,803
Balance at end of period	$	82,680

Summary of Deferred Revenue, Net

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

	March 31, 2017		June 30, 2016
Deferred maintenance	$	95,683	$	83,419
Deferred product and other revenue		7,091		11,441
Total deferred revenue, net		102,774		94,860
Less: current portion		78,918		72,934
Non-current deferred revenue, net	$	23,856	$	21,926

Schedule of Change in Deferred Support Revenue Balance

The change in the Company’s deferred support revenue balance in relation to these arrangements was as follows (in thousands):

	Three Months Ended						Nine Months Ended
	March 31, 2017			March 31, 2016			March 31, 2017			March 31, 2016
Balance beginning of period	$	98,128		$	84,706		$	83,419		$	87,441
Deferred maintenance assumed due to acquisition		626			—			14,159			—
New maintenance arrangements		28,181			27,683			90,690			84,502
Recognition of maintenance  revenue		(31,252	)		(27,320	)		(92,585	)		(86,874	)
Balance end of period		95,683			85,069			95,683			85,069
Less: current portion		71,827			62,842			71,827			62,842
Non-current deferred revenue	$	23,856		$	22,227		$	23,856		$	22,227

Summary of Deferred Distributors Revenue

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

	March 31, 2017			June 30, 2016
Deferred distributors revenue	$	57,188		$	35,138
Deferred cost of sales to distributors		(12,930	)		(8,321	)
Deferred distributors revenue, net of cost of sales to distributors	$	44,258		$	26,817

Components of Debt

The Company’s debt is comprised of the following (in thousands):

	March 31, 2017		June 30, 2016
Current portion of long-term debt:
Term Loan	$	11,149	$	17,628
Current portion of long-term debt	$	11,149	$	17,628
Long-term debt, less current portion:
Term Loan	$	73,775	$	27,446
Revolving Facility		10,000		10,000
Total long-term debt, less current portion		83,775		37,446
Total debt	$	94,924	$	55,074

Summary of Product Warranty Liability Activity

The following table summarizes the activity related to the Company’s product warranty liability during the three and nine months ended March 31, 2017 and 2016 (in thousands):

	Three Months Ended						Nine Months Ended
	March 31, 2017			March 31, 2016			March 31, 2017			March 31, 2016
Balance beginning of period	$	10,228		$	10,415		$	9,600		$	8,676
Warranties assumed due to acquisition		—			—			2,034			—
New warranties issued		1,893			1,638			3,997			7,158
Warranty expenditures		(2,091	)		(1,773	)		(5,601	)		(5,554	)
Balance end of period	$	10,030		$	10,280		$	10,030		$	10,280

Schedule of Major Customers Accounting for 10% or More of Net Revenue

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

	Three Months Ended				Nine Months Ended
	March 31, 2017		March 31, 2016		March 31, 2017		March 31, 2016
Tech Data Corporation		13%		16%		15%		16%
Jenne		14%		17%		14%	13%
Westcon Group Inc.		10%		13%		12%		15%