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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2024
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 170,322 $ 156,699
Accounts receivable, net 117,575 89,518
Inventories 132,278 141,032
Prepaid expenses and other current assets 75,114 79,677
Total current assets 495,289 466,926
Property and equipment, net 36,735 43,744
Operating lease right-of-use assets, net 41,609 44,145
Goodwill 391,981 393,709
Intangible assets, net 8,221 10,613
Other assets 107,109 83,457
Total assets 1,080,944 1,042,594
Current liabilities:    
Accounts payable 52,371 51,423
Accrued compensation and benefits 59,521 42,064
Accrued warranty 10,036 10,942
Current portion of deferred revenue 312,050 306,114
Current portion of long-term debt, net of unamortized debt issuance costs of $752 and $674, respectively 11,748 9,326
Current portion of operating lease liabilities 10,997 10,547
Other accrued liabilities 77,499 87,172
Total current liabilities 534,222 517,588
Deferred revenue, less current portion 277,419 268,909
Long-term debt, less current portion, net of unamortized debt issuance costs of $1,634 and $1,735, respectively 170,866 178,265
Operating lease liabilities, less current portion 37,994 41,466
Deferred income taxes 6,771 7,978
Other long-term liabilities 2,464 3,106
Commitments and contingencies (Note 8)
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; 150,866 and 148,503 shares issued, respectively; 132,647 and 130,284 shares outstanding, respectively 151 149
Additional paid-in-capital 1,253,296 1,220,379
Accumulated other comprehensive loss (19,354) (15,483)
Accumulated deficit (945,084) (941,962)
Treasury stock at cost, 18,219 and 18,219 shares, respectively (237,801) (237,801)
Total stockholders’ equity 51,208 25,282
Total liabilities and stockholders’ equity $ 1,080,944 $ 1,042,594