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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Jun. 30, 2015
Current assets:    
Cash and cash equivalents $ 81,554 $ 77,586
Accounts receivable, net of allowance for doubtful accounts of $52 and $56 at December 31, 2015 and June 30, 2015, respectively 35,468 31,765
Unbilled receivables and costs in excess of billings 24,645 22,021
Inventory 36,707 31,960
Deferred income taxes 12,363 12,407
Prepaid income taxes 2,880 3,747
Prepaid expenses and other current assets 5,361 8,678
Total current assets 198,978 188,164
Restricted cash 264 264
Property and equipment, net 13,324 13,226
Estimated fair value of goodwill 173,749 168,146
Intangible assets, net 18,608 17,998
Other non-current assets 3,169 2,190
Total assets 408,092 389,988
Current liabilities:    
Accounts payable 11,858 6,928
Accrued expenses 8,719 9,005
Accrued compensation 11,409 9,875
Deferred revenues and customer advances 9,406 7,477
Total current liabilities 41,392 33,285
Deferred gain on sale-leaseback 350 929
Deferred income taxes 2,287 3,108
Income taxes payable 1,505 1,459
Other non-current liabilities 1,100 1,069
Total liabilities $ 46,634 $ 39,850
Commitments and contingencies (Note I)
Shareholders' equity:    
Preferred stock, $0.01 par value; 1,000,000 shares authorized; no shares issued or outstanding $ 0 $ 0
Common stock, $0.01 par value; 85,000,000 shares authorized; 33,240,461 and 32,570,959 shares issued and outstanding at December 31, 2015 and June 30, 2015, respectively 332 326
Additional paid-in capital 259,140 254,568
Retained earnings 101,221 94,468
Accumulated other comprehensive income 765 776
Total shareholders' equity 361,458 350,138
Total liabilities and shareholders' equity $ 408,092 $ 389,988