Income Taxes (Tables)

12 Months Ended

Jun. 30, 2014

Income Tax Disclosure [Abstract]

Schedule of Income (Loss) Before Income Taxes

The Company’s income (loss) before income taxes were as follows (in thousands):

	Years Ended June 30,
	2014			2013			2012
Domestic	$	(4,091	)	$	(6,826	)	$	(1,183	)
Foreign		4,101			(3,519	)		(2,936	)
Total	$	10		$	(10,345	)	$	(4,119	)

Schedule of Provision for (Benefit from) Income Taxes

The provision for (benefit from) income taxes consists of the following (in thousands):

	Years Ended June 30,
	2014		2013			2012
Current:
Federal	$	—	$	(59	)	$	(8	)
State		23		22			41
Foreign		206		(171	)		(429	)
Total current		229		(208	)		(396	)
Deferred:
Foreign		120		(112	)		—
Provision for (benefit of) income taxes	$	349	$	(320	)	$	(396	)

Schedule of Difference Between Provision for (Benefit from) Income Taxes and Amount Computed by Applying Federal Statutory Income Tax Rate to Income (Loss) Before Provision for (Benefit from) Income Taxes

The difference between the provision for (benefit from) income taxes and the amount computed by applying the federal statutory income tax rate to income (loss) before provision for (benefit from) income taxes is summarized below (in thousands):

	Years Ended June 30,
	2014			2013			2012
Tax at federal statutory rate	$	3		$	(3,517	)	$	(1,440	)
State taxes, net of federal benefit		(36	)		462			112
Foreign taxes differential		451			432			(36	)
Tax credits		(59	)		(148	)		(53	)
Non-deductible meals and entertainment		29			21			25
Stock compensation		(28	)		325			317
Unrecognized tax benefits		11			(425	)		(533	)
Imputed intercompany interest		132			243			282
Adjustments related to prior years		21			(212	)		1,535
Change in valuation allowance		(237	)		2,462			(656	)
Other		62			37			51
Provision for (benefit from) income taxes	$	349		$	(320	)	$	(396	)

Schedule of Significant Components of Deferred Tax Assets and Liabilities

 Significant components of the Company’s deferred tax assets and liabilities are as follows (in thousands):

	Years Ended June 30,
	2014			2013
Deferred tax assets:
Net operating loss carryforwards	$	35,947		$	36,872
Tax credit carryforwards		2,114			1,994
Inventory valuation		644			700
Depreciation and amortization		847			523
Other accruals not currently deductible for tax purposes		1,809			1,341
Other		85			85
Total deferred tax assets		41,446			41,515
Valuation allowance		(40,850	)		(41,087	)
Net deferred tax assets		596			428
Deferred tax liabilities:
Depreciation and amortization		(308	)		—
Purchased intangibles		(297	)		(316	)
Net deferred tax liabilities		(605	)		(316	)
Total net deferred tax assets (liabilities)	$	(9	)	$	112

Schedule of Income Tax Carryforwards

At June 30, 2014, the Company had income tax carryfowards summarized as follows:

	Amount (in millions)		Years of expiration, if unused
Net operating loss carryforwards:
Federal	$	102.7		2022-2034
California		34.3		2015-2034
Other states		15.1		2015-2034
Foreign		5.2		No expiration date
Credit carryforwards:
Federal		2.9		2015-2034
State		5.8		2015-2034

Schedule of Activity Related to Unrecognized Tax Benefits

The following table summarizes the activity related to Adept’s unrecognized tax benefits (in thousands):

	Years Ended June 30,
	2014			2013
Beginning balance	$	6,982		$	8,063
Increases related to prior year tax positions		407			—
Decreases related to prior year tax positions		(11	)		(617	)
Increases related to current year tax positions		35			82
Decreases related to lapse of statute or settlements		—			(546	)
Ending balance	$	7,413		$	6,982