Selected Consolidated Financial Statement Information

3 Months Ended

Sep. 30, 2014

Quarterly Financial Information Disclosure [Abstract]

Selected Consolidated Financial Statement Information

Selected Consolidated Financial Statement Information

Accounts Receivable

Accounts receivable consists of the following:

	September 30, 2014			June 30, 2014
Accounts receivable	$	23,507		$	21,834
Less: Allowance for doubtful accounts	(1,131		)	(451		)
Total accounts receivable	$	22,376		$	21,383

Inventories

Inventories consist of the following:

	September 30, 2014		June 30, 2014
Raw materials	$	7,899	$	5,879
Work in process	913		855
Finished goods	5,832		6,156
Total inventories	$	14,644	$	12,890

Property and Equipment

Property and equipment consists of the following:

	September 30, 2014			June 30, 2014
Land	$	500		$	500
Equipment	6,820			6,436
Furniture	626			626
Leasehold improvements	233			233
Construction in progress	17,424			11,499
	25,603			19,294
Less: Accumulated depreciation	(4,365		)	(3,997		)
Total property and equipment, net	$	21,238		$	15,297

In June 2014, the Company announced plans to build a new corporate headquarters in New Brighton, Minnesota. The 125,000-square-foot, two-story building will have space for more than 500 employees and contain dedicated research and development, training and education, and manufacturing facilities. Construction on the new facility is targeted to be completed in March 2015 and will replace the two current St. Paul, Minnesota leased facilities. Construction in progress primarily consists of costs associated with the new headquarters, including $9,128 required to be held in an escrow account that will be used to fund the final construction payments.

Accrued Expenses

Accrued expenses consist of the following:

	September 30, 2014		June 30, 2014
Salaries and bonus	$	3,925	$	5,244
Commissions	4,402		6,069
Accrued vacation	3,022		2,843
Other	1,270		474
Total accrued expenses	$	12,619	$	14,630