Property and Equipment

12 Months Ended

Jun. 30, 2014

Property, Plant and Equipment [Abstract]

Property and equipment consisted of the following:



	Estimated Useful Lives (Years)	June 30,
	Estimated Useful Lives (Years)	2014			2013
Computer equipment and software	2-4	$	55,881		$	53,301
Furniture and fixtures	5	7,556			7,134
Leasehold improvements	lesser of estimated useful life or lease term	3,758			2,474
Machinery and equipment	5	14,159			11,201
Vehicles	5	—			88
		81,354			74,198
Less: accumulated depreciation and amortization		(67,210		)	(59,736		)
		$	14,144		$	14,462

In fiscal 2014 and 2013, the Company retired $715 and $1,199, respectively, of fully depreciated computer equipment and software assets that were no longer in use by the Company.

Depreciation and amortization expense related to property and equipment for the fiscal years ended June 30, 2014, 2013 and 2012 was $7,625, $8,445 and $7,837, respectively.

On June 27, 2013, the Company entered into a sales agreement and a separate short-term lease agreement in connection with the Company’s legacy Hudson, New Hampshire, facility. Pursuant to the sale agreement, the Company sold all land, land improvements, buildings and building improvements related to the facility. The loss on the sale of the facility was approximately $1,091 and is recorded in restructuring and other charges in the accompanying consolidated statement of operations. The Company temporarily leased back the facility through February 2014. During fiscal 2014, the Company signed a new lease in Hudson, New Hampshire which extends until 2024.

On April 20, 2007, the Company entered into a sales agreement and a lease agreement in connection with a sale-leaseback of the Company’s headquarters in Chelmsford, Massachusetts. Pursuant to the agreements, the Company sold all land, land improvements, buildings and building improvements related to the facilities and leased back those assets. The term of the lease is ten years and includes two five year options to renew. Under the provisions of sale-leaseback accounting, the transaction was considered a normal leaseback; thus the realized gain of $11,569 was deferred and will be amortized to other income on a straight-line basis over the initial lease term.

The unamortized deferred gain consisted of the following of which the current portion is included in accrued expenses and the non-current portion is separately classified in the accompanying consolidated balance sheets:



	June 30,
	2014		2013
Current portion	$	1,156	$	1,157
Non-current portion	2,086		3,242
Total unamortized deferred gain	$	3,242	$	4,399

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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