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Revenue from Contracts with Customers (Tables)
12 Months Ended
Jun. 30, 2020
Revenue From Contract With Customer [Abstract]  
Revenue Disaggregated by Timing of Recognition

The following table summarizes these two categories for the twelve months ended June 30, 2020 (in thousands):

 

 

 

Twelve Months Ended

 

Twelve Months Ended

 

Timing of Revenue Recognition

 

June 30, 2020

 

June 30, 2019

 

Goods transferred at a point of time

 

$

41,784

 

$

57,784

 

Services transferred over time

 

 

20,478

 

 

19,038

 

Total Net Sales

 

$

62,262

 

$

76,822

 

 

Summary of Remaining Unsatisfied Performance Obligations

The estimated recognition of our remaining unsatisfied performance obligations beyond one year is as follows (in thousands):

 

Years Ending June 30,

 

Amount

 

2021

 

$

10,235

 

2022

 

 

821

 

2023

 

 

1

 

2024

 

 

-

 

after 2024

 

 

-

 

Total

 

$

11,057

 

 

Summary of Total Balances of Contract Balances

Current balances of our contract balances are as follows (in thousands):

 

Balance Sheet Account

 

June 30, 2020

 

 

July 1, 2019

 

 

Increase / (Decrease)

 

Unbilled receivables

 

$

4,784

 

 

$

5,394

 

 

$

(610

)

Deferred revenue

 

 

(6,246

)

 

 

(6,649

)

 

 

403

 

Net Unbilled receivables / (Deferred revenue)

 

$

(1,462

)

 

$

(1,255

)

 

$

(207

)