Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jun. 30, 2017

Accounting Policies [Abstract]

Allowance for Credit Losses on Financing Receivables

The following table is a summary of our allowance for product returns (in thousands).

Description	Balance at beginningof period		Additions		Deductions			Balance at end of period
Year Ended June 30, 2017:
Allowance for product returns	$	1,609	$	3,658	$	(4,725	)	$	542
Year Ended June 30, 2016:
Allowance for product returns	$	1,080	$	3,478	$	(2,949	)	$	1,609
Year Ended June 30, 2015:
Allowance for product returns	$	2,700	$	3,306	$	(4,926	)	$	1,080

The following table is a summary of the allowance for doubtful accounts (in thousands).

Description	Balance at beginning of period		Charges to bad debt expenses		Deductions (1)			Balance at end of period
Year Ended June 30, 2017:
Allowance for doubtful accounts	$	1,648	$	323	$	(781	)	$	1,190
Year Ended June 30, 2016:
Allowance for doubtful accounts	$	1,316	$	834	$	(502	)	$	1,648
Year Ended June 30, 2015:
Allowance for doubtful accounts	$	918	$	940	$	(542	)	$	1,316

(1) Uncollectible accounts written off, net of recoveries

Schedule of Revenue by Major Customers by Reporting Segments

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

	Year Ended
	June 30, 2017		June 30, 2016		June 30, 2015
Tech Data Corporation		15%		17%		15%
Jenne Corporation		15%		14%	*
Westcon Group Inc.		11%		14%		15%

* Less than 10% of net revenue

The following table sets forth major customers accounting for 10% or more of our accounts receivable balance:

	Year Ended
	June 30, 2017		June 30, 2016		June 30, 2015
Tech Data Corporation		18%		11%	*
Jenne Corporation		12%	*		*
Westcon Group Inc.		11%		19%		27%

* Less than 10% of accounts receivable

Summary of Cash and Cash Equivalents

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

	June 30, 2017		June 30, 2016
Cash	$	126,159	$	89,847
Cash equivalents (consisting of available-sale-securities)		4,291		4,275
Total cash and cash equivalents	$	130,450	$	94,122

Available-for-sale Securities

The following is a summary of available-for-sale securities (in thousands):

					Unrealized		Unrealized
	Amortized				Holding		Holding
	Cost		Fair Value		Gains		Losses
June 30, 2017
Money market funds	$	4,291	$	4,291	$	—	$	—
	$	4,291	$	4,291	$	—	$	—
Classified as:
Cash equivalents	$	4,291	$	4,291	$	—	$	—
	$	4,291	$	4,291	$	—	$	—
June 30, 2016
Money market funds	$	4,275	$	4,275	$	—	$	—
	$	4,275	$	4,275	$	—	$	—
Classified as:
Cash equivalents	$	4,275	$	4,275	$	—	$	—
	$	4,275	$	4,275	$	—	$	—

Schedule of Fair Value for Financial Assets Measured on Recurring Basis

The Company did not hold any financial liabilities that required measurement at fair value on a recurring basis.  The following table presents the Company’s fair value hierarchy for its financial assets measured at fair value on a recurring basis (in thousands):

June 30, 2017	Level 1		Level 2		Level 3		Total
Assets
Investments:
Money market funds	$	4,291	$	—	$	—	$	4,291
Investment in non-marketable equity		—		—		3,000		3,000
Total	$	4,291	$	—	$	3,000	$	7,291

June 30, 2016	Level 1		Level 2		Level 3		Total
Assets
Investments:
Money market funds	$	4,275	$	—	$	—	$	4,275
Investment in non-marketable equity		—		—		3,000		3,000
Total	$	4,275	$	—	$	3,000	$	7,275

Schedule of Inventory

The following is a summary of our inventory by category (in thousands).

	June 30, 2017		June 30, 2016
Finished goods	$	45,090	$	38,751
Raw materials		790		2,238
Total Inventory	$	45,880	$	40,989

Components of Property and Equipment

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

	June 30, 2017			June 30, 2016
Computer equipment	$	34,716		$	34,657
Purchased software		11,785			5,574
Office equipment, furniture and fixtures		10,852			10,385
Leasehold improvements		23,046			19,342
Total property and equipment		80,399			69,958
Less: accumulated depreciation and amortization		(50,159	)		(40,378	)
Property and equipment, net	$	30,240		$	29,580

Schedule of Goodwill

The following table reflects the changes in the carrying amount of goodwill (in thousands):

	June 30, 2017
Balance as of June 30, 2016	$	70,877
Additions due to acquisition		9,339
Balance at end of period	$	80,216

Components of Gross and Net Intangible Asset Balances

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

	Weighted Average
	Remaining Amortization	Gross Carrying		Accumulated		Net Carrying
	Period	Amount		Amortization		Amount
June 30, 2017
Developed technology	5.3 years	$	55,400	$	42,689	$	12,711
Customer relationships	3.3 years		40,300		37,567		2,733
Maintenance contracts	1.3 years		17,000		12,467		4,533
Trademarks	4.3 years		5,100		2,846		2,254
License agreements	6.4 years		2,445		1,120		1,325
Other intangibles	2.7 years		1,382		1,001		381
Total intangibles, net with finite lives			121,627		97,690		23,937
In-process research and development, with indefinite life			1,400		—		1,400
Total intangibles, net		$	123,027	$	97,690	$	25,337

	Weighted Average
	Remaining Amortization	GrossCarrying		Accumulated		Net Carrying
	Period	Amount		Amortization		Amount
June 30, 2016
Developed technology	0.2 years	$	48,000	$	43,028	$	4,972
Customer relationships	0.3 years		37,000		32,889		4,111
Maintenance contracts	2.3 years		17,000		9,067		7,933
Trademarks	0.3 years		2,500		2,222		278
License agreements	9.7 years		3,413		1,473		1,940
Other intangibles	3.7 years		1,428		900		528
Total intangibles, net		$	109,341	$	89,579	$	19,762

Summary of Amortization Expense of Intangibles

The following table summarizes the amortization expense of intangibles for the periods presented (in thousands):

	Year Ended
	June 30, 2017		June 30, 2016		June 30, 2015
Amortization in "Cost of revenues: Product"	$	7,020	$	15,369	$	18,082
Amortization of intangibles		8,702		17,001		17,869
Total amortization	$	15,722	$	32,370	$	35,951

Schedule of Expected Amortization Expense

The estimated future amortization expense to be recorded for each of the respective future fiscal years is as follows (in thousands):

For the fiscal year ending:
2018	$	7,620
2019		5,292
2020		4,061
2021		3,266
2022		2,594
Thereafter,		1,104
Total	$	23,937

Summary of Deferred Revenue

The following table summarizes deferred revenue (in thousands):

	June 30, 2017		June 30, 2016
Deferred maintenance	$	97,310	$	83,419
Deferred product and other revenue		7,031		11,441
Total deferred revenue, net		104,341		94,860
Less: current portion		79,048		72,934
Non-current deferred revenue, net	$	25,293	$	21,926

Deferred Revenue Roll Forward

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

	Year Ended
	June 30, 2017			June 30, 2016
Balance beginning of period	$	83,419		$	87,441
Deferred maintenance assumed due to acquisition		14,159			—
New maintenance arrangements		125,542			110,192
Recognition of maintenance  revenue		(125,810	)		(114,214	)
Balance end of period		97,310			83,419
Less: current portion		72,017			61,493
Non-current deferred revenue	$	25,293		$	21,926

Summary of Deferred Distributors Revenue

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

	June 30, 2017			June 30, 2016
Deferred distributors revenue	$	55,335		$	35,138
Deferred cost of sales to distributors		(11,810	)		(8,321	)
Deferred distributors revenue, net of cost of sales to    distributors	$	43,525		$	26,817

Components of Debt

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

	June 30, 2017			June 30, 2016
Current portion of long-term debt:
Term Loan	$	12,444		$	17,875
Less: unamortized debt issuance costs		(164	)		(247	)
Current portion of long-term debt	$	12,280		$	17,628
Long-term debt, less current portion:
Term Loan	$	71,268		$	27,625
Revolving Facility		10,000			10,000
Less: unamortized debt issuance costs		(846	)		(179	)
Total long-term debt, less current portion		80,422			37,446
Total debt	$	92,702		$	55,074

Schedule of Maturities of Long-term Debt Excluding Unamortized Debt Issuance Costs

The Company's debt repayment schedule by period is as follows, excluding unamortized debt issuance costs (in thousands):

For the fiscal year ending:
2018	$	12,444
2019		16,969
2020		21,494
2021		26,019
2022		16,786
Total	$	93,712

Summary of Product Warranty Liability Activity

The following table summarizes the activity related to the Company’s product warranty liability during the following periods (in thousands):

	Year Ended
	June 30, 2017			June 30, 2016
Balance beginning of period	$	9,600		$	8,676
Warranties assumed due to acquisition		2,034			—
New warranties issued		6,015			8,176
Warranty expenditures		(7,642	)		(7,252	)
Balance end of period	$	10,007		$	9,600