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Revenue (Tables)
3 Months Ended
Sep. 30, 2023
Revenue from Contract with Customer [Abstract]  
Summary of Contract with Customer, Asset and Liability

Changes in the contract assets and liabilities are as follows (dollars in thousands):

 

 

 

 

 

 

 

 

 

Change

 

 

 

September 30,
 2023

 

 

June 30,
2023

 

 

$

 

 

%

 

Contract Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Unbilled accounts receivable – current (1)

 

$

13,805

 

 

$

9,847

 

 

 

3,958

 

 

 

40

%

Interest receivable – current (2)

 

 

382

 

 

 

379

 

 

 

3

 

 

 

1

%

Long-term accounts receivable (3)

 

 

5,052

 

 

 

4,734

 

 

 

318

 

 

 

7

%

Interest receivable – non-current (3)

 

 

611

 

 

 

673

 

 

 

(62

)

 

 

(9

%)

Contract Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Customer advances

 

 

19,372

 

 

 

20,777

 

 

 

(1,405

)

 

 

(7

%)

Deferred revenue – current

 

 

71,764

 

 

 

72,185

 

 

 

(421

)

 

 

(1

%)

Deferred revenue – non-current

 

 

26,939

 

 

 

27,079

 

 

 

(140

)

 

 

(1

%)

 

(1)
Included in accounts receivable on the unaudited condensed consolidated balance sheets.
(2)
Included in prepaid expenses and other current assets on the unaudited condensed consolidated balance sheets.
(3)
Included in other assets on the unaudited condensed consolidated balance sheets.
Schedule of Remaining Performance Obligations related to Warranty

The following table represents the Company's remaining performance obligations related to long-term warranty and non-cancellable post-warranty services as of September 30, 2023 (in thousands):

 

 

 

Fiscal years of revenue recognition

 

 

 

2024

 

 

2025

 

 

2026

 

 

Thereafter

 

Long-term warranty and non-cancellable post-warranty services

 

$

22,445

 

 

$

23,665

 

 

$

14,438

 

 

$

7,691