Balance Sheet Accounts (Tables)

6 Months Ended

Dec. 31, 2017

Organization Consolidation And Presentation Of Financial Statements [Abstract]

Summary of Cash, Cash Equivalents and Marketable Securities

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

	December 31, 2017		June 30, 2017
Cash	$	122,608	$	126,159
Cash equivalents		4,500		4,291
Total cash and cash equivalents		127,108		130,450
Marketable securities (consisting of available-for-sale securities)		1,104		—
Total cash, cash equivalents and marketable securities	$	128,212	$	130,450

Components of Inventories

Inventories consist of the following (in thousands):

	December 31, 2017		June 30, 2017
			(As Adjusted)
Finished goods	$	67,244	$	46,620
Raw materials		16,133		790
Total Inventories	$	83,377	$	47,410

Components of Property and Equipment

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

	December 31, 2017			June 30, 2017
Computers and equipment	$	63,539		$	34,716
Purchased software		16,329			11,785
Office equipment, furniture and fixtures		17,272			10,852
Leasehold improvements		29,319			23,046
Total property and equipment		126,459			80,399
Less: accumulated depreciation and amortization		(57,894	)		(50,159	)
Property and equipment, net	$	68,565		$	30,240

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
December 31, 2017
Developed technology	4.5 years	$	116,000	$	48,334	$	67,666
Customer relationships	3.9 years		51,410		38,674		12,736
Maintenance contracts	0.8 years		17,000		14,166		2,834
Trademarks	3.9 years		9,100		3,411		5,689
Backlogs	— years		1,800		1,800		—
License agreements	6.1 years		2,445		1,255		1,190
Other intangibles	2.2 years		1,382		1,072		310
Total intangibles, net with finite lives			199,137		108,712		90,425
In-process research and development, with indefinite life			2,500		—		2,500
Total intangibles, net		$	201,637	$	108,712	$	92,925

	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

Summary of Amortization Expense of Intangibles

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

	Three Months Ended				Six Months Ended
	December 31, 2017		December 31, 2016		December 31, 2017		December 31, 2016
Amortization in “Cost of revenues: Product”	$	3,866	$	1,720	$	6,663	$	5,276
Amortization of intangibles		2,746		2,175		4,360		6,317
Total amortization	$	6,612	$	3,895	$	11,023	$	11,593

Summary of Goodwill

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

	December 31, 2017
Balance as of June 30, 2017	$	80,216
Additions due to acquisitions		50,772
Balance at end of period	$	130,988

Components of Debt

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

	December 31, 2017			June 30, 2017
Current portion of long-term debt:
Term Loan	$	22,964		$	12,444
Less: unamortized debt issuance costs		(538	)		(164	)
Current portion of long-term debt	$	22,426		$	12,280

Long-term debt, less current portion:
Term Loan	$	152,062		$	71,268
Revolver		10,000			10,000
Less: unamortized debt issuance costs		(1,350	)		(846	)
Total long-term debt, less current portion		160,712			80,422
Total debt	$	183,138		$	92,702

Summary of Product Warranty Liability Activity

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

	Three Months Ended						Six Months Ended
	December 31, 2017			December 31, 2016			December 31, 2017			December 31, 2016
				(As adjusted)						(As adjusted)
Balance beginning of period	$	13,499		$	9,017		$	10,584		$	9,998
Warranties assumed due to acquisition		526			2,034			3,682			2,034
New warranties issued		1,657			1,176			3,929			2,104
Warranty expenditures		(2,672	)		(1,437	)		(5,185	)		(3,346	)
Balance end of period	$	13,010		$	10,790		$	13,010		$	10,790

Summary of Long-term Liabilities

The following is a summary of long-term liabilities (in thousands):

	December 31, 2017		June 30, 2017
Acquisition related deferred payments, less current portion	$	15,037	$	—
Acquisition-related contingent consideration obligations, less current portion		36,130		—
Other		13,180		8,526
Total other accrued liabilities	$	64,347	$	8,526

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		Six Months Ended
	December 31, 2017	December 31, 2016	December 31, 2017	December 31, 2016
		(As adjusted)		(As adjusted)
Westcon Group Inc.	14%	12%	15%	12%
Tech Data Corporation	12%	15%	12%	16%
Jenne Corporation	*	13%	10%	14%
Avnet	*	*	*	10%