Supplemental Financial Information (Tables)

12 Months Ended

Jun. 30, 2023

Supplemental Financial Information Disclosure [Abstract]

Schedule of financing receivables

A summary of the Company’s financing receivables is presented as follows (in thousands):

	June 30, 2023			June 30, 2022
Financing receivable	$	5,854		$	6,137
Allowance for credit losses		(798	)		(943	)
Total, net	$	5,056		$	5,194
Reported as:
Current	$	2,016		$	2,435
Non-current		3,040			2,759
Total, net	$	5,056		$	5,194

Schedule of inventories

Inventories consisted of the following (in thousands):

	June 30, 2023		June 30, 2022
Raw materials	$	62,945	$	61,871
Work-in-process		17,469		16,367
Finished goods		64,736		64,016
Total inventories	$	145,150	$	142,254

Schedule of prepaid and other current assets

Prepaid and other current assets consisted of the following (in thousands):

	June 30, 2023		June 30, 2022
Value added tax receivables	$	11,718	$	7,058
Prepaid commissions		5,866		6,500
Capitalized contract costs		1,782		1,590
Other prepaid assets		5,763		5,073
Other current assets		2,483		3,573
Total prepaid and other current assets	$	27,612	$	23,794

Schedule of property and equipment, net

Property and equipment, net consisted of the following (in thousands):

	June 30, 2023			June 30, 2022
Furniture and fixtures	$	1,581		$	1,766
Computer and office equipment		7,798			8,605
Software		5,191			5,344
Leasehold improvements		26,641			26,659
Machinery and equipment		44,779			46,522
Construction in progress		13,499			2,999
		99,489			91,895
Less: Accumulated depreciation		(78,563	)		(79,210	)
Total property and equipment, net	$	20,926		$	12,685

Schedule of Other assets

Other assets consisted of the following (in thousands):

	June 30, 2023		June 30, 2022
Capitalized contract costs	$	9,244	$	9,754
Long-term accounts receivable		4,734		5,301
Capitalized software costs to be sold		2,853		—
Other long-term assets		3,276		4,239
Total other assets	$	20,107	$	19,294

Schedule of Other accrued liabilities

Other accrued liabilities consisted of the following (in thousands):

	June 30, 2023		June 30, 2022
Value added tax liabilities	$	12,368	$	8,222
Commissions due to third parties		10,499		6,619
Refunds due to customers		3,364		4,717
Accrued consulting		2,599		1,269
Accrued royalties		2,398		2,424
Other liabilities		7,043		7,034
Total other accrued liabilities	$	38,271	$	30,285

Schedule of components of accumulated other comprehensive income (loss)

The following table summarizes the changes in accumulated other comprehensive income (loss) by component (in thousands):

	Cumulative Translation Adjustment			Defined Pension Benefit Obligation			Total
Balance at June 30, 2021	$	2,457		$	(364	)	$	2,093
Other comprehensive income (loss)		(3,998	)		4,311			313
Balance at June 30, 2022	$	(1,541	)	$	3,947		$	2,406
Other comprehensive loss		(791	)		(1,193	)		(1,984	)
Balance at June 30, 2023	$	(2,332	)	$	2,754		$	422

Schedule of consolidated statement of operations

Other expense, net consisted of the following (in thousands):

	Years Ended June 30,
	2023			2022			2021
Interest expense	$	(10,632	)	$	(8,129	)	$	(16,893	)
Foreign currency exchange loss		(878	)		(2,618	)		(1,953	)
Loss on debt extinguishment		-			-			(9,948	)
Other, net		(232	)		356			1,128
Total other expense, net	$	(11,742	)	$	(10,391	)	$	(27,666	)

Restructuring

In the second quarter of fiscal year 2023, the Company announced a cost savings initiative designed to reduce operating costs. This cost savings initiative resulted in the reduction of the Company’s global workforce by 4.5%. The Company recorded $2.7 million in restructuring charges during the fiscal year 2023. These charges are cash-based charges, primarily related to severance expenses and other one-time termination benefits. At June 30, 2023, the Company does not have any remaining accruals related to the restructuring charges.