Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2018	Jun. 30, 2018
Current assets:
Cash and cash equivalents	$ 93,903	$ 66,521
Accounts receivable, net of allowance for doubtful accounts of $743 and $359 at December 31, 2018 and June 30, 2018, respectively	123,117	104,040
Unbilled receivables and costs in excess of billings	45,194	39,774
Inventory	126,402	108,585
Prepaid income taxes	766	3,761
Prepaid expenses and other current assets	9,923	9,062
Total current assets	399,305	331,743
Property and equipment, net	53,130	50,980
Estimated fair value of goodwill	519,660	497,442
Intangible assets, net	176,671	177,904
Other non-current assets	7,873	6,411
Total assets	1,156,639	1,064,480
Current liabilities:
Accounts payable	30,750	21,323
Accrued expenses	16,875	16,386
Accrued compensation	23,064	21,375
Deferred revenues and customer advances	22,491	12,596
Total current liabilities	93,180	71,680
Deferred income taxes	12,202	13,635
Income taxes payable	2,880	998
Long-term debt	240,000	195,000
Other non-current liabilities	12,301	11,276
Total liabilities	360,563	292,589
Commitments and contingencies (Note M)
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; 47,248,881 and 46,924,238 shares issued and outstanding at December 31, 2018 and June 30, 2018, respectively	472	469
Additional paid-in capital	594,670	590,163
Retained earnings	199,830	179,968
Accumulated other comprehensive income	1,104	1,291
Total shareholders' equity	796,076	771,891
Total liabilities and shareholders' equity	$ 1,156,639	$ 1,064,480

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.