Supplementary Balance Sheet Information (Tables)

9 Months Ended

Mar. 31, 2015

Supplementary Balance Sheet Information

	Gross		Allowance			Net
	(Dollars in Thousands)
March 31, 2015:
Accounts receivable	$	30,136	$	(2,052	)	$	28,084
	$	30,136	$	(2,052	)	$	28,084

June 30, 2014:
Accounts receivable	$	41,997	$	(3,465	)	$	38,532
	$	41,997	$	(3,465	)	$	38,532

Property, Equipment and Leasehold Improvements

	March 31, 2015			June 30, 2014
	(Dollars in Thousands)
Property, equipment and leasehold improvements - at cost:
Computer equipment	$	11,410		$	11,772
Purchased software	23,370			23,720
Furniture & fixtures	6,377			4,530
Leasehold improvements	12,264			3,448
Accumulated depreciation	(34,962		)	(35,882		)
Property, equipment and leasehold improvements - net	$	18,459		$	7,588

Accrued Expenses and Other Current Liabilities

	March 31, 2015		June 30, 2014
	(Dollars in Thousands)

Royalties and outside commissions	$	2,936	$	3,596
Payroll and payroll-related	14,053		19,347
Other	17,762		12,041
Total accrued expenses and other current liabilities	$	34,751	$	34,984

Other Non-current Liabilities

	March 31, 2015		June 30, 2014
	(Dollars in Thousands)

Deferred rent (1)	$	5,294	$	402
Other (2)	24,898		11,448
Total other non-current liabilities	$	30,192	$	11,850

(1)

During the nine months ended March 31, 2015, we received $6.1 million of landlord-funded leasehold improvements related to our new principal executive offices located in Bedford, Massachusetts. The landlord-funded leasehold improvements were recorded as property, plant and equipment and deferred rent in our unaudited consolidated balance sheets as of March 31, 2015 and are being amortized as a reduction to rent expense over the life of the lease. During fiscal 2014, we determined that $1.5 million of improvements made to the Bedford, Massachusetts offices were owned by the landlord. As of June 30, 2014, the $1.5 million of improvements were recorded within other non-current assets in our consolidated balance sheets and were reclassified as a reduction to deferred rent during the second quarter of fiscal 2015 when we occupied the facility. The unamortized balance of the improvements amounted to $1.4 million as of March 31, 2015 and was presented as a reduction of deferred rent during the period then ended. The improvements will be amortized as additional rent expense over the life of the lease. Please refer to Note 11 for further information on the lease.

(2)

Other was comprised primarily of our net reserve for uncertain tax positions of $23.0 million and $9.3 million as of March 31, 2015 and June 30, 2014, respectively. We account for unrecognized tax benefits in accordance with ASU No. 2013-11, Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists. In accordance with ASU 2013-11, deferred tax assets should be presented net of liabilities for uncertain tax positions provided there are specific deferred tax assets available to settle the uncertain income tax liabilities. As of June 30, 2014, we had sufficient deferred tax assets available to settle a portion of our reserve for uncertain tax positions, and consequently, only a portion of our total reserve for uncertain tax positions was reported as a non-current liability in our consolidated balance sheets. As of December 31, 2014, we no longer had deferred tax assets available to net against our reserve for uncertain tax positions, and, as a result, the total reserve for uncertain tax positions was presented as a non-current liability in our unaudited consolidated balance sheets as of December 31, 2014 and March 31, 2015. Our total reserve for uncertain tax positions was approximately $23.0 million and $21.2 million as of March 31, 2015 and June 30, 2014, respectively.