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Balance Sheet Components | 12 Months Ended
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Jun. 30, 2021
Organization Consolidation And Presentation Of Financial Statements [Abstract] |
Balance Sheet Components | 5. Balance Sheet Components Accounts Receivable The following is a summary of accounts receivable (in thousands):
|  | June 30, 2021 |  |  | June 30, 2020 |
Accounts receivable |  | $ | 324,343 |  |  | $ | 240,503 |
Customer rebates |  |  | (149,510 | ) |  |  | (88,601 | )
Allowance for credit losses |  |  | (986 | ) |  |  | (1,212 | )
Allowance for product returns |  |  | (17,371 | ) |  |  | (27,963 | )
Accounts receivable, net |  | $ | 156,476 |  |  | $ | 122,727 |
The following table is a summary of the allowance for credit losses (in thousands):
Description |  | Balance at beginning of period |  |  | Provision for expected credit losses |  |  | Deductions (1) |  |  | Balance at end of period |
Year Ended June 30, 2021: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Allowance for credit losses |  | $ | 1,212 |  |  | $ | 409 |  |  | $ | (635 | ) |  | $ | 986 |
Year Ended June 30, 2020: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Allowance for credit losses |  | $ | 1,054 |  |  | $ | 1,289 |  |  | $ | (1,131 | ) |  | $ | 1,212 |
Year Ended June 30, 2019: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Allowance for credit losses |  | $ | 1,478 |  |  | $ | 1,407 |  |  | $ | (1,831 | ) |  | $ | 1,054 |
| (1) | Uncollectible accounts written off, net of recoveries
The following table is a summary of the Company’s allowance for product returns (in thousands):
Description |  | Balance at beginning of period |  | Additions |  | Deductions |  | Balance at end of period
Year Ended June 30, 2021: |  |  |  |  |  |  |  |
Allowance for product returns |  | $27,963 |  | $67,113 |  | $(77,705) |  | $17,371
Year Ended June 30, 2020: |  |  |  |  |  |  |  |
Allowance for product returns |  | $25,897 |  | $76,802 |  | $(74,736) |  | $27,963
Year Ended June 30, 2019: |  |  |  |  |  |  |  |
Allowance for product returns |  | $11,266 |  | $85,190 |  | $(70,559) |  | $25,897
Inventories The following is a summary of the Company’s inventory by category (in thousands):
|  | June 30, 2021 |  |  | June 30, 2020 |
Finished goods |  | $ | 27,901 |  |  | $ | 52,879 |
Raw materials |  |  | 4,984 |  |  |  | 9,710 |
Total Inventories |  | $ | 32,885 |  |  | $ | 62,589 |
Property and Equipment, Net The following is a summary of the Company’s property and equipment by category (in thousands):
|  | June 30, 2021 |  |  | June 30, 2020 |
Computers and equipment |  | $ | 75,866 |  |  | $ | 73,244 |
Purchased software |  |  | 40,037 |  |  |  | 34,015 |
Office equipment, furniture and fixtures |  |  | 10,201 |  |  |  | 10,639 |
Leasehold improvements |  |  | 53,329 |  |  |  | 52,317 |
Total property and equipment |  |  | 179,433 |  |  |  | 170,215 |
Less: accumulated depreciation and amortization |  |  | (124,429 | ) |  |  | (111,402 | )
Property and equipment, net |  | $ | 55,004 |  |  | $ | 58,813 |
The Company recognized depreciation expense of $23.0 million, $28.6 million, and $26.9 million related to property and equipment during the years ended 2021, 2020 and 2019, respectively. Deferred Revenue The following table summarizes contract liabilities which are shown as deferred revenue (in thousands):
|  | June 30, 2021 |  |  | June 30, 2020 |
Deferred maintenance, support, and SaaS |  | $ | 328,797 |  |  | $ | 279,368 |
Other deferred revenue |  |  | 16,787 |  |  |  | 11,819 |
Total deferred revenue |  |  | 345,584 |  |  |  | 291,187 |
Less: current portion |  |  | 212,412 |  |  |  | 190,226 |
Non-current deferred revenue |  | $ | 133,172 |  |  | $ | 100,961 |
Accrued Warranty The following table summarizes the activity related to the Company’s product warranty liability during the following periods (in thousands):
|  |  | Year Ended |
|  |  | June 30, 2021 |  |  | June 30, 2020 |  |  | June 30, 2019 |
Balance beginning of period |  |  | $ | 14,035 |  |  | $ | 14,779 |  |  | $ | 12,807 |
Warranties assumed due to acquisitions |  |  |  | — |  |  |  | 570 |  |  |  | — |
New warranties issued |  |  |  | 11,760 |  |  |  | 19,686 |  |  |  | 22,919 |
Warranty expenditures |  |  |  | (14,172 | ) |  |  | (21,000 | ) |  |  | (20,947 | )
Balance end of period |  |  | $ | 11,623 |  |  | $ | 14,035 |  |  | $ | 14,779 |
Other Long-term Liabilities The following is a summary of long-term liabilities (in thousands):
|  | June 30, 2021 |  |  | June 30, 2020 |
Acquisition-related deferred payments, less current portion |  | $ | 1,978 |  |  | $ | 5,847 |
Other contractual obligations, less current portion |  |  | 8,553 |  |  |  | 16,722 |
Other |  |  | 4,014 |  |  |  | 5,182 |
Total other long-term liabilities |  | $ | 14,545 |  |  | $ | 27,751 |

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- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -URI http://asc.fasb.org/topic&trid=2122208 + Details
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