Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jun. 30, 2020

Accounting Policies [Abstract]

Components of inventory

As of June 30, 2020 and 2019, inventory consisted of (in thousands):

	As of June 30,
	2020				2019
Finished goods	$	10,164	73.2	%	$	9,903	72.0	%
Raw materials	3,724		26.8	%	3,850		28.0	%
Total inventory	$	13,888	100.0	%	$	13,753	100.0	%

Property and Equipment

Property and equipment are recorded at cost and depreciated using the straight-line method over the following useful lives:

	Years
Equipment (includes computer hardware and software)	3 - 5
Furniture and fixtures	5
Vehicles	5

Property and equipment, net consist of (in thousands):

	June 30,
	2020		2019
Equipment (includes computer hardware and software)	$	15,297	$	12,625
Furniture and fixtures	1,622		1,611
Leasehold improvements	3,981		3,975
Vehicles	51		51
Accumulated depreciation	(13,781)		(11,131)
Total property and equipment, net	$	7,170	$	7,131

Reconciliation of earnings per share and the weighted-average common shares outstanding for purposes of computing basic and diluted net income per share

The following is a reconciliation of net income per share and the weighted-average common shares outstanding for purposes of computing basic and diluted net income per share (in thousands, except per share amounts):

	Years ended June 30,
	2020		2019		2018
Numerator:
Net income	$	11,549	$	7,429	$	5,761
Denominator:
Basic weighted-average common shares outstanding	14,105		14,055		13,992
Effect of dilutive securities:
Stock awards and options	494		925		144
Diluted weighted-average common shares outstanding	14,599		14,980		14,136
Net income per share, basic	$	0.82	$	0.53	$	0.41
Net income per share, diluted	$	0.79	$	0.50	$	0.41

Long-lived Assets by Geographic Areas

The following table presents the Company's long-lived assets for its most significant geographic markets (in thousands):

	June 30,
	2020		2019
United States	$	10,126	$	9,772
Japan	$	1,070	$	955