XML 9 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Jun. 30, 2024
Current assets:      
Cash and cash equivalents $ 185,480   $ 156,699
Accounts receivable, net 99,546   89,518
Inventories 115,738   141,032
Prepaid expenses and other current assets 75,834   79,677
Total current assets 476,598   466,926
Property and equipment, net 39,521   43,744
Operating lease right-of-use assets, net 39,796   44,145
Goodwill 394,382   393,709
Intangible assets, net 7,312   10,613
Other assets 115,468   83,457
Total assets 1,073,077   1,042,594
Current liabilities:      
Accounts payable 47,110   51,423
Accrued compensation and benefits 44,575   42,064
Accrued warranty 9,473 $ 10,036 10,942
Current portion of deferred revenue 311,841   306,114
Current portion of long-term debt, net of unamortized debt issuance costs of $741 and $674, respectively 13,009   9,326
Current portion of operating lease liabilities 11,165   10,547
Other accrued liabilities 74,789   87,172
Total current liabilities 511,962   517,588
Deferred revenue, less current portion 276,874   268,909
Long-term debt, less current portion, net of unamortized debt issuance costs of $1,456 and $1,735, respectively 167,294   178,265
Operating lease liabilities, less current portion 35,847   41,466
Deferred income taxes 6,883   7,978
Other long-term liabilities 2,512   3,106
Commitments and contingencies (Note 8)  
Stockholders’ equity:      
Convertible preferred stock, $0.001 par value, issuable in series, 2,000 shares authorized; none issued  
Common stock, $0.001 par value, 750,000 shares authorized; 152,154 and 148,503 shares issued, respectively; 133,082 and 130,284 shares outstanding, respectively 152   149
Additional paid-in-capital 1,280,042   1,220,379
Accumulated other comprehensive loss (16,062)   (15,483)
Accumulated deficit (941,626)   (941,962)
Treasury stock at cost, 19,072 and 18,219 shares, respectively (250,801)   (237,801)
Total stockholders’ equity 71,705 $ 51,208 25,282
Total liabilities and stockholders’ equity $ 1,073,077   $ 1,042,594