Balance Sheet Accounts (Tables)

9 Months Ended

Mar. 31, 2018

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):

	March 31, 2018		June 30, 2017
Cash	$	98,677	$	126,159
Cash equivalents		4,500		4,291
Total cash and cash equivalents		103,177		130,450
Marketable securities (consisting of available-for-sale securities)		2,091		—
Total cash, cash equivalents and marketable securities	$	105,268	$	130,450

Components of Inventories

Inventories consist of the following (in thousands):

	March 31, 2018		June 30, 2017
			(As Adjusted)
Finished goods	$	63,306	$	46,620
Raw materials		14,450		790
Total Inventories	$	77,756	$	47,410

Components of Property and Equipment

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

	March 31, 2018			June 30, 2017
Computers and equipment	$	69,712		$	34,716
Purchased software		16,908			11,785
Office equipment, furniture and fixtures		18,143			10,852
Leasehold improvements		47,039			23,046
Total property and equipment		151,802			80,399
Less: accumulated depreciation and amortization		(65,315	)		(50,159	)
Property and equipment, net	$	86,487		$	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
March 31, 2018
Developed technology	3.8 years	$	117,500	$	52,860	$	64,640
Customer relationships	3.7 years		51,639		39,577		12,062
Maintenance contracts	0.6 years		17,000		15,016		1,984
Trade names	3.7 years		9,100		3,776		5,324
Backlogs	— years		1,800		1,800		—
License agreements	5.9 years		2,445		1,323		1,122
Other intangibles	1.9 years		1,382		1,108		274
Total intangibles, net		$	200,866	$	115,460	$	85,406

	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
Trade names	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				Nine Months Ended
	March 31, 2018		March 31, 2017		March 31, 2018		March 31, 2017
Amortization in “Cost of revenues: Product”	$	4,647	$	995	$	11,310	$	6,271
Amortization of intangibles		2,101		1,193		6,461		7,510
Total amortization	$	6,748	$	2,188	$	17,771	$	13,781

Summary of Goodwill

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

	March 31, 2018
Balance as of June 30, 2017	$	80,216
Additions due to acquisitions		49,028
Balance at end of period	$	129,244

Components of Debt

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

	March 31, 2018			June 30, 2017
Current portion of long-term debt:
Term Loan	$	25,260		$	12,444
Less: unamortized debt issuance costs		(540	)		(164	)
Current portion of long-term debt	$	24,720		$	12,280

Long-term debt, less current portion:
Term Loan	$	145,173		$	71,268
Revolver		10,000			10,000
Less: unamortized debt issuance costs		(1,215	)		(846	)
Total long-term debt, less current portion		153,958			80,422
Total debt	$	178,678		$	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 nine months ended March 31, 2018 and 2017 (in thousands):

	Three Months Ended						Nine Months Ended
	March 31, 2018			March 31, 2017			March 31, 2018			March 31, 2017
				(As adjusted)						(As adjusted)
Balance beginning of period	$	13,010		$	10,790		$	10,584		$	9,998
Warranties assumed due to acquisitions		—			—			3,682			2,034
New warranties issued		2,872			1,893			6,801			3,997
Warranty expenditures		(3,070	)		(2,080	)		(8,255	)		(5,426	)
Balance end of period	$	12,812		$	10,603		$	12,812		$	10,603

Summary of Long-term Liabilities

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

	March 31, 2018		June 30, 2017
Acquisition related deferred payments, less current portion	$	14,147	$	—
Acquisition-related contingent consideration obligations, less current portion		33,256		—
Other		18,037		8,526
Total other long-term liabilities	$	65,440	$	8,526

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

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

	Three Months Ended		Nine Months Ended
	March 31, 2018	March 31, 2017	March 31, 2018	March 31, 2017
		(As adjusted)		(As adjusted)
Westcon Group Inc.	14%	10%	14%	11%
Tech Data Corporation	14%	13%	13%	15%
Jenne Corporation	13%	14%	11%	14%