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Revenue (Tables)
3 Months Ended
Sep. 30, 2018
Revenue from Contract with Customer [Abstract]  
Schedule of New Accounting Pronouncements and Changes in Accounting Principles
The following tables compare the amounts reported in the condensed consolidated statements of income and condensed consolidated balance sheet to the amounts had the previous revenue recognition guidance been in effect:

 
As of September 30, 2018
 
As Reported
 
Adjustment
 
Balances Without Adoption
 
(in thousands)
Accounts receivable, net
$
37,108

 
$
224

 
$
37,332

Accrued liabilities
$
56,054

 
$
(120
)
 
$
55,934

Deferred margin
$

 
$
1,691

 
$
1,691

Deferred income tax liabilities
$
1,063

 
$
(285
)
 
$
778

Retained earnings
$
126,083

 
$
(1,062
)
 
$
125,021


 
Three Months Ended September 30, 2018
 
As Reported
 
Adjustment
 
Balances Without Adoption
 
(in thousands)
Revenue
$
115,072

 
$
41

 
$
115,113

Cost of goods sold
$
82,461

 
$
20

 
$
82,481

Gross profit
$
32,611

 
$
21

 
$
32,632

Income tax expense
$
560

 
$
(8
)
 
$
552

Net income (loss) including noncontrolling interest
$
(913
)
 
$
29

 
$
(884
)
Disaggregation of Revenue
The following table presents the Company's revenue information by geographical location based on the country or region to which the products were shipped. The Company sells its products primarily to distributors in the Asia Pacific region, who in turn sell these products to end customers. Because the Company's distributors sell their products to end customers which may have a global presence, revenue by geographical location is not necessarily representative of the geographical distribution of sales to end user markets.
 
Three Months Ended September 30,
 
 
2018
 
2017
 
(in thousands)
Hong Kong
$
91,591

 
$
85,230

China
20,397

 
17,120

South Korea
169

 
287

United States
1,973

 
1,378

Other countries
942

 
843

 
$
115,072

 
$
104,858


The following is a summary of revenue by product type:
 
Three Months Ended September 30,
 
 
2018
 
2017
 
(in thousands)
Power discrete
$
92,255

 
$
83,678

Power IC
19,415

 
18,097

Packaging and testing services
3,402

 
3,083

 
$
115,072

 
$
104,858