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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Jun. 30, 2016
Current assets:    
Cash and cash equivalents $ 130,450 $ 94,122
Accounts receivable, net of allowances of $1,732 at June 30, 2017 and $3,257 at June 30, 2016 120,770 81,419
Inventories 45,880 40,989
Prepaid expenses and other current assets 27,867 12,438
Total current assets 324,967 228,968
Property and equipment, net 30,240 29,580
Intangible assets, net 25,337 19,762
Goodwill 80,216 70,877
Other assets 22,586 25,236
Total assets 483,346 374,423
Current liabilities:    
Current portion of long-term debt 12,280 17,628
Accounts payable 31,587 30,711
Accrued compensation and benefits 42,662 27,145
Accrued warranty 10,007 9,600
Deferred revenue, net 79,048 72,934
Deferred distributors revenue, net of cost of sales to distributors 43,525 26,817
Other accrued liabilities 36,713 26,691
Total current liabilities 255,822 211,526
Deferred revenue, less current portion 25,293 21,926
Long-term debt, less current portion 80,422 37,446
Deferred income taxes 6,576 4,693
Other long-term liabilities 8,526 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; 110,924,508 shares issued and outstanding at June 30, 2017 and 104,942,665 shares issued and outstanding at June 30, 2016 111 105
Additional paid-in-capital 909,155 884,706
Accumulated other comprehensive loss (2,302) (2,874)
Accumulated deficit (800,257) (791,740)
Total stockholders’ equity 106,707 90,197
Total liabilities and stockholders’ equity $ 483,346 $ 374,423