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Balance Sheet Accounts (Tables) | 3 Months Ended
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Sep. 30, 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):
|  | September 30, 2018 |  |  | June 30, 2018 |
Cash |  | $ | 140,167 |  |  | $ | 121,139 |
Cash equivalents |  |  | — |  |  |  | — |
Total cash and cash equivalents |  |  | 140,167 |  |  |  | 121,139 |
Marketable securities (consisting of available-for-sale securities) |  |  | 887 |  |  |  | 1,459 |
Total cash, cash equivalents and marketable securities |  | $ | 141,054 |  |  | $ | 122,598 |
Components of Inventories | Inventories consist of the following (in thousands):
|  | September 30, 2018 |  |  | June 30, 2018 |
Finished goods |  | $ | 42,150 |  |  | $ | 49,393 |
Raw materials |  |  | 13,430 |  |  |  | 14,474 |
Total Inventories |  | $ | 55,580 |  |  | $ | 63,867 |
Components of Property and Equipment | Property and equipment consist of the following (in thousands):
|  | September 30, 2018 |  |  | June 30, 2018 |
Computers and equipment |  | $ | 63,456 |  |  | $ | 60,677 |
Purchased software |  |  | 21,558 |  |  |  | 21,389 |
Office equipment, furniture and fixtures |  |  | 15,034 |  |  |  | 14,980 |
Leasehold improvements |  |  | 50,959 |  |  |  | 50,070 |
Total property and equipment |  |  | 151,007 |  |  |  | 147,116 |
Less: accumulated depreciation and amortization |  |  | (74,783 | ) |  |  | (68,597 | )
Property and equipment, net |  | $ | 76,224 |  |  | $ | 78,519 |
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 |
September 30, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Developed technology |  | 3.1 years |  | $ | 117,000 |  |  | $ | 63,106 |  |  | $ | 53,894 |
Customer relationships |  | 2.8 years |  |  | 51,639 |  |  |  | 41,578 |  |  |  | 10,061 |
Maintenance contracts |  | 0.1 years |  |  | 17,000 |  |  |  | 16,717 |  |  |  | 283 |
Trade names |  | 3.2 years |  |  | 9,100 |  |  |  | 4,506 |  |  |  | 4,594 |
License agreements |  | 7.3 years |  |  | 2,232 |  |  |  | 1,244 |  |  |  | 988 |
Other intangibles |  | 1.3 years |  |  | 1,382 |  |  |  | 1,179 |  |  |  | 203 |
Total intangibles, net |  |  |  | $ | 198,353 |  |  | $ | 128,330 |  |  | $ | 70,023 |
|  | Weighted Average |  |  |  |  |  |  |  |  |  |  |  |
|  | Remaining Amortization |  | Gross Carrying |  |  | Accumulated |  |  | Net Carrying |
|  | Period |  | Amount |  |  | Amortization |  |  | Amount |
June 30, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Developed technology |  | 3.3 years |  | $ | 117,000 |  |  | $ | 58,299 |  |  | $ | 58,701 |
Customer relationships |  | 3.0 years |  |  | 51,639 |  |  |  | 40,634 |  |  |  | 11,005 |
Maintenance contracts |  | 0.3 years |  |  | 17,000 |  |  |  | 15,866 |  |  |  | 1,134 |
Trade names |  | 3.4 years |  |  | 9,100 |  |  |  | 4,141 |  |  |  | 4,959 |
Backlogs |  | — years |  |  | 1,800 |  |  |  | 1,800 |  |  |  | — |
License agreements |  | 5.8 years |  |  | 2,445 |  |  |  | 1,390 |  |  |  | 1,055 |
Other intangibles |  | 1.6 years |  |  | 1,382 |  |  |  | 1,144 |  |  |  | 238 |
Total intangibles, net |  |  |  | $ | 200,366 |  |  | $ | 123,274 |  |  | $ | 77,092 |
Summary of Amortization Expense of Intangibles | The amortization expense of intangibles for the periods presented is summarized below (in thousands):
|  | Three Months Ended |
|  | September 30, 2018 |  |  | September 30, 2017 |
Amortization in “Cost of revenues: Product” |  | $ | 4,932 |  |  | $ | 2,695 |
Amortization of intangibles |  |  | 2,141 |  |  |  | 1,614 |
Total amortization |  | $ | 7,073 |  |  | $ | 4,309 |
Components of Debt | The Company’s debt is comprised of the following (in thousands):
|  | September 30, 2018 |  |  | June 30, 2018 |
Current portion of long-term debt: |  |  |  |  |  |  |  |
Term Loan |  | $ | 9,500 |  |  | $ | 9,500 |
Less: unamortized debt issuance costs |  |  | (492 | ) |  |  | (493 | )
Current portion of long-term debt |  | $ | 9,008 |  |  | $ | 9,007 |
Long-term debt, less current portion: |  |  |  |  |  |  |  |
Term Loan |  | $ | 178,125 |  |  | $ | 180,500 |
Revolving Facility |  |  | — |  |  |  | 10,000 |
Less: unamortized debt issuance costs |  |  | (1,627 | ) |  |  | (1,751 | )
Total long-term debt, less current portion |  |  | 176,498 |  |  |  | 188,749 |
Total debt |  | $ | 185,506 |  |  | $ | 197,756 |
Summary of Product Warranty Liability Activity | The following table summarizes the activity related to the Company’s product warranty liability during the three months ended September 30, 2018 and 2017 (in thousands):
|  | Three Months Ended |
|  | September 30, 2018 |  |  | September 30, 2017 |
Balance beginning of period |  | $ | 12,807 |  |  | $ | 10,584 |
Warranties assumed due to acquisitions |  |  | — |  |  |  | 3,156 |
New warranties issued |  |  | 3,722 |  |  |  | 2,272 |
Warranty expenditures |  |  | (3,928 | ) |  |  | (2,513 | )
Balance end of period |  | $ | 12,601 |  |  | $ | 13,499 |
Summary of Long-term Liabilities | The following is a summary of long-term liabilities (in thousands):
|  | September 30, 2018 |  |  | June 30, 2018 |
Acquisition related deferred payments, less current portion |  | $ | 12,350 |  |  | $ | 13,251 |
Contingent consideration obligations, less current portion |  |  | 4,711 |  |  |  | 4,898 |
Other contractual obligations, less current portion |  |  | 31,402 |  |  |  | 31,200 |
Other |  |  | 15,644 |  |  |  | 9,751 |
Total other long-term liabilities |  | $ | 64,107 |  |  | $ | 59,100 |

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