Business Combinations (Tables)

3 Months Ended

Sep. 30, 2017

Schedule of Identifiable Intangible Assets Acquired as Part of Acquisition

The following table presents details of the identifiable intangible assets acquired as part of the acquisition (in thousands):

Intangible Assets	Estimated Useful Life (in years)		Amount
Developed technology		6	$	34,800
Customer relationships		4		5,300
Trademarks		5		2,400
Backlog		1		1,500
Total identifiable intangible assets			$	44,000

Summary of Unaudited Pro Forma Financial Information

The following table summarizes the unaudited pro forma financial information (in thousands, except per share amounts):

	Three Months Ended
	September 30, 2017		September 30, 2016
			(As adjusted)
Net revenues	$	222,382	$	238,858
Net income (loss)	$	16,776	$	(8,936	)
Net income (loss) per share - basic	$	0.15	$	(0.08	)
Net income (loss) per share - diluted	$	0.14	$	(0.08	)
Shares used in per share calculation - basic		112,241		105,955
Shares used in per share calculation - diluted		118,431		105,955

Avaya Networking

Summary of Allocation of Tangible and Identifiable Intangible Assets Acquired and Liabilities Assumed

The following table below summarizes the preliminary allocation as of September 30, 2017 of the tangible and identifiable intangible assets acquired and liabilities assumed:

	Preliminary Allocation as of July 14, 2017
Accounts receivables, net	$	18,112
Inventory		16,605
Other current assets		673
Property and equipment		3,768
Other long-term assets		2,568
Accounts payable and accrued expenses		(29,716	)
Deferred revenue		(10,214	)
Other liabilities		(6,608	)
Net tangible assets acquired		(4,812	)
Identifiable intangible assets		44,000
In-process research and development		2,300
Goodwill		38,338
Total intangible assets acquired		84,638
Total net assets acquired	$	79,826

Zebra Technologies Corporation

Summary of Allocation of Tangible and Identifiable Intangible Assets Acquired and Liabilities Assumed

The following table below summarizes the final allocation of the tangible and identifiable intangible assets acquired and liabilities assumed:

	Final Allocation as of October 28, 2016
Accounts receivables, net	$	14,636
Inventory		13,593
Other current assets		808
Property and equipment		3,159
Other long-term assets		7,634
Deferred revenue		(14,159	)
Other liabilities		(7,201	)
Total tangible assets acquired and liabilities assumed		18,470
Identifiable intangible assets		20,300
In-process research and development		1,400
Goodwill		9,339
Total intangible assets acquired		31,039
Total net assets acquired	$	49,509