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v3.4.0.3

Balance Sheet Accounts (Tables) | 9 Months Ended
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Mar. 31, 2016
Organization Consolidation And Presentation Of Financial Statements [Abstract] |
Cash, Cash Equivalents, Short-Term Investments and Marketable Securities | The following is a summary of cash and available-for-sale securities (in thousands):
|  | March 31, 2016 |  |  | June 30, 2015 |
Cash |  | $ | 83,564 |  |  | $ | 71,455 |
Cash equivalents |  | $ | 4,770 |  |  | $ | 4,770 |
Total available-for-sale |  | $ | 4,770 |  |  | $ | 4,770 |
Total cash, cash equivalents and available for sale securities |  | $ | 88,334 |  |  | $ | 76,225 |
Schedule of Inventory | The following is a summary of our inventory by category (in thousands):
|  | March 31, 2016 |  |  | June 30, 2015 |
Finished goods |  | $ | 50,027 |  |  | $ | 55,301 |
Raw materials |  |  | 2,728 |  |  |  | 2,713 |
Total Inventory |  | $ | 52,755 |  |  | $ | 58,014 |
Property, Plant and Equipment | Property and equipment consist of the following (in thousands):
|  | March 31, 2016 |  |  | June 30, 2015 |
Computer equipment |  | $ | 33,983 |  |  | $ | 32,753 |
Purchased software |  |  | 5,941 |  |  |  | 5,425 |
Office equipment, furniture and fixtures |  |  | 10,827 |  |  |  | 10,908 |
Leasehold improvements |  |  | 19,110 |  |  |  | 24,293 |
Total property and equipment |  |  | 69,861 |  |  |  | 73,379 |
Less: accumulated depreciation and amortization |  |  | (39,422 | ) |  |  | (33,517 | )
Property and equipment, net |  | $ | 30,439 |  |  | $ | 39,862 |
Schedule of Finite-Lived Intangible Assets | 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, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Developed technology |  | 0.40 years |  | $ | 48,000 |  |  | $ | 39,611 |  |  | $ | 8,389 |
Customer relationships |  | 0.50 years |  |  | 37,000 |  |  |  | 29,806 |  |  |  | 7,194 |
Maintenance contracts |  | 2.50 years |  |  | 17,000 |  |  |  | 8,217 |  |  |  | 8,783 |
Trademarks |  | 0.50 years |  |  | 2,500 |  |  |  | 2,014 |  |  |  | 486 |
License agreements |  | 9.80 years |  |  | 3,596 |  |  |  | 1,583 |  |  |  | 2,013 |
Other intangibles |  | 3.92 years |  |  | 1,426 |  |  |  | 866 |  |  |  | 560 |
Total intangibles, net |  |  |  | $ | 109,522 |  |  | $ | 82,097 |  |  | $ | 27,425 |
|  | Weighted Average |  |  |  |  |  |  |  |  |  |  |  |
|  | Remaining Amortization |  | Gross Carrying |  |  | Accumulated |  |  | Net Carrying |
|  | Period |  | Amount |  |  | Amortization |  |  | Amount |
June 30, 2015 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Developed technology |  | 1.20 years |  | $ | 48,000 |  |  | $ | 28,194 |  |  | $ | 19,806 |
Customer relationships |  | 1.30 years |  |  | 37,000 |  |  |  | 20,556 |  |  |  | 16,444 |
Maintenance contracts |  | 3.30 years |  |  | 17,000 |  |  |  | 5,667 |  |  |  | 11,333 |
Trademarks |  | 1.30 years |  |  | 2,500 |  |  |  | 1,389 |  |  |  | 1,111 |
Order backlog |  | 0.30 years |  |  | 7,400 |  |  |  | 6,967 |  |  |  | 433 |
License agreements |  | 10.20 years |  |  | 10,924 |  |  |  | 8,620 |  |  |  | 2,304 |
Other intangibles |  | 3.80 years |  |  | 2,684 |  |  |  | 1,983 |  |  |  | 701 |
Total intangibles, net |  |  |  | $ | 125,508 |  |  | $ | 73,376 |  |  | $ | 52,132 |
Schedule of Amortization Expense of Intangibles | The following table summarizes the amortization expense of intangibles for the periods presented (in thousands):
|  | Three Months Ended |  |  | Nine Months Ended |
|  | March 31, 2016 |  |  | March 31, 2015 |  |  | March 31, 2016 |  |  | March 31, 2015 |
Amortization in "Cost of revenue for products" |  | $ | 3,572 |  |  | $ | 4,513 |  |  | $ | 11,847 |  |  | $ | 13,575 |
Amortization of intangibles |  |  | 4,142 |  |  |  | 4,467 |  |  |  | 12,860 |  |  |  | 13,402 |
Total amortization |  | $ | 7,714 |  |  | $ | 8,980 |  |  | $ | 24,707 |  |  | $ | 26,977 |
Schedule of Accrued Liabilities | The following are the components of other accrued liabilities (in thousands):
|  | March 31, 2016 |  |  | June 30, 2015 |
Accrued general and administrative costs |  | $ | 4,287 |  |  | $ | 1,204 |
Restructuring |  |  | 2,199 |  |  |  | 5,854 |
Other accrued liabilities |  |  | 23,696 |  |  |  | 25,565 |
Total other accrued liabilities |  | $ | 30,182 |  |  | $ | 32,623 |
Schedule of Deferred Revenue, Net | The following table summarizes deferred revenue, net (in thousands):
|  | March 31, 2016 |  |  | June 30, 2015 |
Deferred services |  | $ | 85,069 |  |  | $ | 87,441 |
Deferred product and other revenue |  |  | 13,870 |  |  |  | 12,341 |
Total deferred revenue |  |  | 98,939 |  |  |  | 99,782 |
Less: current portion |  |  | 76,712 |  |  |  | 76,551 |
Non-current deferred revenue, net |  | $ | 22,227 |  |  | $ | 23,231 |
Change in Deferred Support Revenue | The change in the Company’s deferred support revenue balance in relation to these arrangements was as follows (in thousands):
|  | Three Months Ended |  |  | Nine Months Ended |
|  | March 31, 2016 |  |  | March 31, 2015 |  |  | March 31, 2016 |  |  | March 31, 2015 |
Balance beginning of period |  | $ | 84,706 |  |  | $ | 91,373 |  |  | $ | 87,441 |  |  | $ | 89,657 |
New support arrangements |  |  | 27,683 |  |  |  | 27,198 |  |  |  | 84,502 |  |  |  | 91,254 |
Recognition of support revenue |  |  | (27,320 | ) |  |  | (29,834 | ) |  |  | (86,874 | ) |  |  | (92,174 | )
Balance end of period |  |  | 85,069 |  |  |  | 88,737 |  |  |  | 85,069 |  |  |  | 88,737 |
Less: current portion |  |  | 62,842 |  |  |  | 65,596 |  |  |  | 62,842 |  |  |  | 65,596 |
Non-current deferred revenue |  | $ | 22,227 |  |  | $ | 23,141 |  |  | $ | 22,227 |  |  | $ | 23,141 |
Schedule of Deferred Distributors Revenue | The following table summarizes deferred distributors revenue, net of cost of sales to distributors (in thousands):
|  | March 31, 2016 |  |  | June 30, 2015 |
Deferred distributors revenue |  | $ | 31,367 |  |  | $ | 53,366 |
Deferred cost of sales to distributors |  |  | (7,434 | ) |  |  | (12,491 | )
Deferred distributors revenue, net of cost of sales to distributors |  | $ | 23,933 |  |  | $ | 40,875 |
Schedule of Debt | The Company’s debt is comprised of the following (in thousands):
|  | March 31, 2016 |  |  | June 30, 2015 |
Current portion of long-term debt: |  |  |  |  |  |  |  |
Term Loan |  | $ | 16,250 |  |  | $ | 11,375 |
Current portion of long-term debt |  | $ | 16,250 |  |  | $ | 11,375 |
Long-term debt, less current portion: |  |  |  |  |  |  |  |
Term Loan |  | $ | 32,500 |  |  | $ | 45,500 |
Revolving Facility |  |  | 10,000 |  |  |  | 10,000 |
Total long-term debt, less current portion |  |  | 42,500 |  |  |  | 55,500 |
Total debt |  | $ | 58,750 |  |  | $ | 66,875 |
Schedule of Product Warranty Liability | The following table summarizes the activity related to the Company’s product warranty liability during the three and nine months ended March 31, 2016 and 2015 (in thousands):
|  | Three Months Ended |  |  | Nine Months Ended |
|  | March 31, 2016 |  |  | March 31, 2015 |  |  | March 31, 2016 |  |  | March 31, 2015 |
Balance beginning of period |  | $ | 10,415 |  |  | $ | 7,845 |  |  | $ | 8,676 |  |  | $ | 7,551 |
New warranties issued |  |  | 1,638 |  |  |  | 1,751 |  |  |  | 7,158 |  |  |  | 5,699 |
Warranty expenditures |  |  | (1,773 | ) |  |  | (1,717 | ) |  |  | (5,554 | ) |  |  | (5,371 | )
Balance end of period |  | $ | 10,280 |  |  | $ | 7,879 |  |  | $ | 10,280 |  |  | $ | 7,879 |
Schedule of Major Customers | The following table sets forth major customers accounting for 10% or more of our net revenue:
|  | Three Months Ended |  |  | Nine Months Ended |
|  | March 31, 2016 |  |  | March 31, 2015 |  |  | March 31, 2016 |  |  | March 31, 2015 |
Jenne |  |  | 17% |  |  | * |  |  |  | 13% |  |  | * |
Tech Data Corporation |  |  | 16% |  |  | * |  |  |  | 16% |  |  |  | 12% |
Westcon Group Inc. |  |  | 13% |  |  |  | 16% |  |  |  | 15% |  |  |  | 13% |
Scansource, Inc. |  | * |  |  |  | 13% |  |  | * |  |  | * |

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