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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Jun. 30, 2023
Current assets:    
Cash and cash equivalents $ 156,699 $ 234,826
Accounts receivable, net 89,518 182,045
Inventories 141,032 89,024
Prepaid expenses and other current assets 79,677 70,263
Total current assets 466,926 576,158
Property and equipment, net 43,744 46,448
Operating lease right-of-use assets, net 44,145 34,739
Goodwill 393,709 394,755
Intangible assets, net 10,613 16,063
Other assets 83,457 73,544
Total assets 1,042,594 1,141,707
Current liabilities:    
Accounts payable 51,423 99,724
Accrued compensation and benefits 42,064 71,367
Accrued warranty 10,942 12,322
Current portion of deferred revenue 306,114 282,475
Current portion of long-term debt, net of unamortized debt issuance costs of $674 and $674, respectively 9,326 34,326
Current portion of operating lease liabilities 10,547 10,847
Other accrued liabilities 87,172 64,440
Total current liabilities 517,588 575,501
Deferred revenue, less current portion 268,909 219,024
Long-term debt, less current portion, net of unamortized debt issuance costs of $1,735 and $2,409, respectively 178,265 187,591
Operating lease liabilities, less current portion 41,466 31,845
Deferred income taxes 7,978 7,747
Other long-term liabilities 3,106 3,247
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Convertible preferred stock, $0.001 par value, issuable in series, 2,000 shares authorized; none issued
Common stock, $0.001 par value, 750,000 shares authorized; 148,503 and 143,629 shares issued, respectively; 130,284 and 127,775 shares outstanding, respectively 149 144
Additional paid-in-capital 1,220,379 1,173,744
Accumulated other comprehensive loss (15,483) (13,192)
Accumulated deficit (941,962) (855,998)
Treasury stock at cost, 18,219 and 15,854 shares, respectively (237,801) (187,946)
Total stockholders’ equity 25,282 116,752
Total liabilities and stockholders’ equity $ 1,042,594 $ 1,141,707