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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Jun. 30, 2015
Current assets:    
Cash and cash equivalents $ 84,245 $ 77,586
Accounts receivable, net of allowance for doubtful accounts of $102 and $56 at March 31, 2016 and June 30, 2015, respectively 39,314 31,765
Unbilled receivables and costs in excess of billings 29,376 22,021
Inventory 34,348 31,960
Deferred income taxes 12,788 12,407
Prepaid income taxes 1,912 3,747
Prepaid expenses and other current assets 4,652 8,678
Total current assets 206,635 188,164
Restricted cash 264 264
Property and equipment, net 13,512 13,226
Estimated fair value of goodwill 173,741 168,146
Intangible assets, net 17,235 17,998
Other non-current assets 3,369 2,190
Total assets 414,756 389,988
Current liabilities:    
Accounts payable 12,412 6,928
Accrued expenses 12,534 9,005
Accrued compensation 11,880 9,875
Deferred revenues and customer advances 5,166 7,477
Total current liabilities 41,992 33,285
Deferred gain on sale-leaseback 61 929
Deferred income taxes 2,391 3,108
Income taxes payable 1,513 1,459
Other non-current liabilities 1,056 1,069
Total liabilities $ 47,013 $ 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; 33,281,436 and 32,570,959 shares issued and outstanding at March 31, 2016 and June 30, 2015, respectively 333 326
Additional paid-in capital 260,805 254,568
Retained earnings 105,747 94,468
Accumulated other comprehensive income 858 776
Total shareholders' equity 367,743 350,138
Total liabilities and shareholders' equity $ 414,756 $ 389,988