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Summary of business and significant accounting policies (Tables)
12 Months Ended
Jun. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of disaggregation of revenue
In order to further depict how the nature, amount, timing and uncertainty of our revenue and cash flows are affected by economic factors, the following table depicts the disaggregation of revenue according to revenue type and pattern of recognition, and is consistent with how we evaluate our financial performance (in thousands):
 
 
Fiscal Year Ended June 30,
 
 
2019
 
2018
 
2017
Product
 
 
 
 
 
 
On-board automotive navigation solutions (point in time)(1)
 
$
168,619

 
$
163,599

 
$
155,025

Total product revenue
 
168,619

 
163,599

 
155,025

Services
 
 
 
 
 
 
Brought-in automotive navigation solutions (over time)(2)
 
17,161

 
14,209

 
8,872

Automotive maintenance and support (over time)
 
1,055

 
34

 
18

Advertising services (point in time)
 
24,241

 
27,229

 
26,841

Mobile navigation services (over time)
 
9,820

 
13,392

 
18,959

Total services revenue
 
52,277

 
54,864

 
54,690

Total revenue
 
$
220,896

 
$
218,463

 
$
209,715

(1)Includes i) royalties earned and recognized at the point in time usage occurs, ii) map updates and iii) customized software development fees.
(2)Includes royalties earned and recognized over time from the allocation of transaction price to service obligations.

Changes in the balance of total deferred costs
Changes in the balance of total deferred costs (current and non-current) during fiscal 2019 and 2018 are as follows (in thousands):
 
 
Deferred Costs
 
 
Content
 
Development
 
Total
Balance, June 30, 2018
 
$
48,946

 
$
9,479

 
$
58,425

Content licensing costs incurred
 
123,493

 

 
123,493

Customized software development costs incurred
 

 
2,537

 
2,537

Less: cost of revenue recognized
 
(100,973
)
 
(3,680
)
 
(104,653
)
Balance, June 30, 2019
 
$
71,466

 
$
8,336

 
$
79,802


Changes in the balance of total deferred revenue (current and non-current) during fiscal 2019 is as follows (in thousands):
Beginning balance, June 30, 2018 (as adjusted)
 
$
74,538

Revenue recognized that was included in beginning balance
 
(22,922
)
Amount billed, net of revenue recognized that was not included in beginning balance
 
83,519

Ending balance, June 30, 2019
 
$
135,135

 
 
 

Accumulated other comprehensive loss, net of tax
The components of accumulated other comprehensive income (loss), net of related taxes, were as follows (in thousands):
 
 
Foreign Currency
Translation
Adjustments
 
Unrealized
Gains (Losses) on
Available-
for-Sale
Securities
 
Total
Balance, net of tax as of June 30, 2017
 
$
(1,701
)
 
$
(233
)
 
$
(1,934
)
Other comprehensive income (loss) before reclassifications, net of tax
 
539

 
(465
)
 
74

Amount reclassified from accumulated other comprehensive income (loss), net of tax
 

 
5

 
5

Other comprehensive income (loss), net of tax
 
539

 
(460
)
 
79

Balance, net of tax as of June 30, 2018
 
(1,162
)
 
(693
)
 
(1,855
)
Other comprehensive income (loss) before reclassifications, net of tax
 
(461
)
 
816

 
355

Amount reclassified from accumulated other comprehensive income (loss), net of tax
 

 
23

 
23

Other comprehensive income (loss), net of tax
 
(461
)
 
839

 
378

Balance, net of tax as of June 30, 2019
 
$
(1,623
)
 
$
146

 
$
(1,477
)

Schedule of adjusted financial statements
We adjusted our consolidated financial statements from amounts previously reported due to the adoption of ASC 606. Summarized financial information depicting the impact of ASC 606 is presented below. Our historical net cash flows provided by or used in operating, investing and financing activities are not impacted by the adoption of ASC 606. (Amounts in thousands, except per share data):
 
 
As of June 30, 2018
 
 
As Reported
June 30, 2018 Form 10-K
 
Adjustments
 
As Adjusted
Assets
 
 
 
 
 
 
Deferred costs
 
$
31,888

 
$
(20,129
)
 
$
11,759

Deferred costs, non-current
 
109,269

 
(62,603
)
 
46,666

Total assets
 
320,412

 
(82,732
)
 
237,680

Liabilities and stockholders’ equity
 
 
 
 
 
 
Deferred revenue
 
52,871

 
(32,157
)
 
20,714

Deferred revenue, non-current
 
182,236

 
(128,412
)
 
53,824

Accumulated deficit
 
(135,042
)
 
77,840

 
(57,202
)
Total liabilities and stockholders’ equity
 
320,412

 
(82,732
)
 
237,680


 
 
Fiscal 2018
 
Fiscal 2017
 
 
As Reported
June 30, 2018 Form 10-K
 
Adjustments
 
As Adjusted
 
As Reported
June 30, 2018 Form 10-K
 
Adjustments
 
As Adjusted
Revenue:
 
 
 
 
 
 
 
 
 
 
 
 
Product
 
$
59,143

 
$
104,456

 
$
163,599

 
$
119,785

 
$
35,240

 
$
155,025

Services
 
47,037

 
7,827

 
54,864

 
49,799

 
4,891

 
54,690

Total revenue
 
106,180

 
112,283

 
218,463

 
169,584

 
40,131

 
209,715

Cost of revenue:
 
 
 
 
 
 
 
 
 
 
 
 
Product
 
37,517

 
64,707

 
102,224

 
70,260

 
28,271

 
98,531

Services
 
24,713

 
1,134

 
25,847

 
22,075

 
(170
)
 
21,905

Total cost of revenue
 
62,230

 
65,841

 
128,071

 
92,335

 
28,101

 
120,436

Gross profit
 
43,950

 
46,442

 
90,392

 
77,249

 
12,030

 
89,279

Operating expenses:
 
 
 
 
 
 
 
 
 
 
 
 
Research and development
 
87,488

 
(1,842
)
 
85,646

 
73,102

 
(5,696
)
 
67,406

Total operating expenses
 
132,889

 
(1,842
)
 
131,047

 
124,562

 
(5,696
)
 
118,866

Loss from operations
 
(88,939
)
 
48,284

 
(40,655
)
 
(47,313
)
 
17,726

 
(29,587
)
Net loss
 
(89,118
)
 
48,284

 
(40,834
)
 
(47,262
)
 
17,726

 
(29,536
)
Net loss per share, basic and diluted
 
$
(2.00
)
 
$
1.08

 
$
(0.92
)
 
$
(1.09
)
 
$
0.41

 
$
(0.68
)