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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities:      
Net income (loss) $ 45,262 [1] $ (13,808) [1] $ 10,257 [1]
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 5,229 5,278 5,336
Net foreign currency (gain) loss (952) 953 (2,167)
Stock-based compensation 14,637 12,406 9,699
Deferred income taxes 5,127 (4,827) (64,264)
Provision for bad debts 489 22 (2,755)
Write-down of investment 0 0 600
Excess tax benefits from stock-based compensation (478) 0 0
Other non-cash operating activities 818 (1,695) 453
Changes in assets and liabilities:      
Accounts receivable (6,094) (4,285) 5,981
Unbilled services (380) 734 (477)
Prepaid expenses, prepaid income taxes, and other assets 3,827 (3,918) (773)
Installments and collateralized receivables 39,419 57,003 72,752
Accounts payable, accrued expenses and other liabilities (4,947) (1,583) (12,758)
Deferred revenue 44,605 58,357 41,446
Net cash provided by operating activities 146,562 104,637 63,330
Cash flows from investing activities:      
Purchase of marketable securities (97,597) 0 0
Maturities of marketable securities 4,549 0 0
Purchase of property, equipment and leasehold improvements (4,507) (4,241) (2,839)
Insurance proceeds 2,222 0 0
Purchase of technology intangibles (902) 0 0
Payments for acquisitions, net of cash acquired 0 (2,617) 0
Capitalized computer software development costs (1,156) (511) (1,990)
Net cash used in investing activities (97,391) (7,369) (4,829)
Cash flows from financing activities:      
Exercise of stock options and warrants 21,143 8,913 9,703
Proceeds from secured borrowings 0 4,982 2,500
Repayments of secured borrowings (11,010) (44,892) (32,051)
Repurchases of common stock (84,677) (46,105) (10,531)
Payment of tax withholding obligations related to restricted stock (7,705) (4,597) (3,885)
Excess tax benefits from stock-based compensation 478 0 0
Net cash used in financing activities (81,771) (81,699) (34,264)
Effect of exchange rate changes on cash and cash equivalents (210) (312) 803
(Decrease) increase in cash and cash equivalents (32,810) 15,257 25,040
Cash and cash equivalents, beginning of year 165,242 149,985 124,945
Cash and cash equivalents, end of year 132,432 165,242 149,985
Supplemental disclosure of cash flow information:      
Income tax paid (refunded), net 4,645 2,707 (2,112)
Interest paid $ 424 $ 4,206 $ 5,476
[1] Our provision for income taxes provided a net benefit of $54.0 million in fiscal 2011, due to the reversal of a significant portion of our U.S. valuation allowance in the fourth quarter of fiscal 2011. See Note 8 to our Consolidated Financial Statements, "Income Taxes," for further information.