| Jun'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'11 | Jun'10 |
|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES: | |||||||||
Net income | |||||||||
71,918 | 46,165 | 66,854 | 72,081 | 92,555 | 54,157 | 21,279 | 29,853 | 40,213 | 26,915 |
Reconciliation of net income to net cash provided by operating activities: | |||||||||
Depreciation and amortization | |||||||||
24,202 | 21,846 | 16,357 | 13,282 | 8,094 | 6,364 | 7,835 | 7,071 | 5,453 | 4,619 |
Stock-based compensation expense | |||||||||
21,184 | 24,656 | 19,665 | 16,930 | 14,436 | 11,062 | 11,361 | 10,252 | 8,056 | 6,457 |
Excess tax benefits from stock-based compensation | |||||||||
0 | 0 | 2,310 | 2,812 | 8,046 | 2,992 | 865 | 2,047 | 2,401 | 1,484 |
Allowances for doubtful accounts | |||||||||
7,100 | -100 | 334 | 1,216 | 80 | 1,476 | 929 | 217 | 499 | 772 |
Provision for excess and obsolete inventories | |||||||||
32,946 | 9,649 | 15,729 | 9,384 | 5,930 | 2,254 | 9,725 | 8,579 | 3,353 | 2,614 |
Impairment of investments | |||||||||
2,700 | 0 | 0 | - | - | - | - | - | - | - |
Share of loss from equity investee | |||||||||
-2,700 | -3,607 | -303 | 0 | 0 | - | - | - | - | - |
Loss on disposal of property, plant and equipment | |||||||||
- | - | - | - | - | - | - | - | -35 | -63 |
Foreign currency exchange (gain) loss | |||||||||
313 | -171 | -1,274 | 1,339 | 830 | 96 | 153 | 0 | 0 | - |
Deferred income taxes, net | |||||||||
-17,100 | 13,570 | -5,434 | -5,212 | -3,576 | 65 | -7,010 | -3,137 | 1,539 | - |
Other | |||||||||
-733 | -909 | 0 | - | - | - | - | - | - | - |
Gain on short-term investments | |||||||||
- | - | - | - | - | - | - | - | - | 1 |
Deferred income taxes | |||||||||
- | - | - | - | - | - | - | - | - | -4,407 |
Changes in operating assets and liabilities: | |||||||||
Accounts receivable (including changes in related party balances of $1,612 and ($8,813) during the nine months ended March 31, 2020 and 2019, respectively) | |||||||||
-85,027 | 127,082 | 149,455 | -53,575 | 78,186 | 64,874 | 48,255 | 17,226 | 12,541 | 28,026 |
Inventories | |||||||||
-119,314 | 126,232 | 235,590 | -7,709 | 177,557 | 63,921 | -12,704 | 92,467 | 60,480 | 48,154 |
Prepaid expenses and other assets (including changes in related party balances of ($52) and $9,741 during the nine months ended March 31, 2020 and 2019, respectively) | |||||||||
-8,410 | 15,714 | 2,856 | 23,539 | 11,326 | -618 | 67 | 1,656 | 4,144 | 792 |
Accounts payable (including changes in related party balances of ($4,685) and ($24,882) during the nine months ended March 31, 2020 and 2019, respectively) | |||||||||
-173,410 | 132,533 | 135,320 | -65,835 | 81,701 | 46,298 | -2,208 | 61,336 | 16,933 | 21,840 |
Income taxes payable | |||||||||
5,831 | 5,827 | -1,873 | -386 | 8,979 | 10,880 | 4,490 | 8,968 | 5,687 | 9,497 |
Deferred revenue | |||||||||
59,800 | 67,775 | 31,236 | - | - | - | - | - | - | - |
Accrued liabilities (including changes in related party balances of $9,734 and ($9,288) during the nine months ended March 31, 2020 and 2019, respectively) | |||||||||
11,456 | 23,238 | 17,329 | 12,911 | 13,893 | 3,293 | 4,384 | 4,967 | 5,348 | 5,514 |
Other long-term liabilities (including changes in related party balances of ($129) and $0 during the nine months ended March 31, 2020 and 2019, respectively) | |||||||||
116 | 3,525 | -3,071 | 20,022 | 7,728 | 1,954 | -566 | 1,757 | 930 | 2,399 |
Net cash provided by operating activities | |||||||||
262,554 | 84,347 | -96,188 | 107,987 | -46,125 | 6,538 | 13,583 | 16,467 | 8,480 | -2,174 |
INVESTING ACTIVITIES: | |||||||||
Proceeds from investments | |||||||||
- | - | - | - | - | - | -300 | -2,475 | -1,500 | -8,999 |
Purchases of property, plant and equipment (including payments to related parties of $4,384 and $4,203 during the nine months ended March 31, 2020 and 2019, respectively) | |||||||||
24,849 | 24,824 | 29,365 | 34,108 | 35,100 | 40,567 | 5,001 | 24,862 | 16,202 | 22,223 |
Proceeds from redemption of auction rate security | |||||||||
0 | -1,000 | 0 | 1,020 | 416 | -406 | 412 | 32 | 123 | -1,480 |
Net cash used in investing activities | |||||||||
0 | 2,100 | 0 | 0 | 661 | 0 | 0 | 168 | 750 | 0 |
Land deposit refund | |||||||||
- | - | - | - | - | - | - | -2,868 | 9,195 | - |
Land deposit (refund payment) | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Purchases of investments | |||||||||
- | - | - | - | - | - | - | - | - | 58 |
Net cash used in investing activities | |||||||||
-24,849 | -25,924 | -29,365 | -35,128 | -36,177 | -40,161 | -5,113 | -19,719 | -24,770 | -11,802 |
FINANCING ACTIVITIES: | |||||||||
Proceeds from debt | |||||||||
41,760 | 107,337 | 207,029 | 34,200 | 84,900 | 17,354 | 20,641 | 33,696 | - | - |
Repayment of debt | |||||||||
67,700 | 220,299 | 140,452 | 34,100 | 36,000 | 6,320 | 18,073 | 28,949 | - | - |
Net repayment on asset-backed revolving line of credit | |||||||||
-65,945 | 64,226 | 0 | - | - | - | - | - | - | - |
Payment of other fees for debt financing | |||||||||
625 | 414 | 0 | - | - | - | - | - | - | - |
Advances under receivables financing arrangement | |||||||||
0 | 0 | 227 | -21 | 33 | - | - | - | - | - |
Proceeds from exercise of stock options | |||||||||
0 | 3,043 | 10,878 | 12,186 | 23,338 | 23,928 | 1,845 | 8,549 | 10,271 | 6,351 |
Payment under receivable financing arrangements | |||||||||
- | - | - | - | - | - | - | - | -193 | -27 |
Contributions from noncontrolling interests | |||||||||
- | - | - | - | - | - | 168 | 0 | 0 | - |
Advances (payments) under receivable financing arrangements | |||||||||
- | - | - | - | - | 4 | 610 | 382 | - | - |
Payment of withholding tax on vesting of restricted stock units | |||||||||
3,051 | 4,472 | 3,554 | 1,786 | 175 | 681 | 1,034 | 1,109 | 8,424 | 0 |
Excess Tax Benefit from Share-based Compensation, Financing Activities | |||||||||
0 | 0 | 2,310 | 2,812 | 8,046 | 2,992 | 865 | 2,047 | 2,401 | 1,484 |
Proceeds from debt | |||||||||
- | - | - | - | - | - | - | - | 23,730 | 18,553 |
Repayment of debt | |||||||||
- | - | - | - | - | - | - | - | 14,132 | 9,994 |
Payments of obligations under finance leases | |||||||||
267 | 253 | 253 | 189 | 134 | 47 | 40 | 35 | 64 | 42 |
Payments to acquire treasury stock | |||||||||
0 | 0 | 18,461 | 0 | 0 | - | - | - | - | - |
Net cash provided by (used in) financing activities | |||||||||
-95,828 | -50,832 | 57,724 | 13,102 | 80,008 | 37,222 | 3,762 | 13,817 | 13,589 | 16,325 |
Effect of exchange rate fluctuations on cash | |||||||||
- | - | - | -61 | -268 | 235 | -20 | 318 | 0 | 0 |
Effect of exchange rate fluctuations on cash | |||||||||
-119 | -6 | -45 | - | - | - | - | - | - | - |
Net increase in cash, cash equivalents and restricted cash | |||||||||
141,758 | 7,585 | -67,874 | - | - | - | - | - | - | - |
Net increase (decrease) in cash and cash equivalents | |||||||||
- | - | - | 85,900 | -2,562 | 3,834 | 12,212 | 10,883 | -2,701 | 2,349 |
Supplemental disclosure of cash flow information: | |||||||||
Cash paid for interest | |||||||||
3,861 | 4,541 | 2,082 | 1,632 | 933 | 757 | 718 | 621 | 649 | 371 |
Cash paid for taxes, net of refunds | |||||||||
23,604 | 14,734 | 30,809 | 36,951 | 30,671 | 13,096 | 8,074 | 8,455 | 9,813 | 6,542 |
Non-cash investing and financing activities: | |||||||||
Deposit applied to property acquisition | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Equipment purchased under capital leases | |||||||||
0 | 0 | 314 | 299 | 442 | 283 | 85 | 7 | 42 | 42 |
Unpaid property, plant and equipment purchases (including due to related parties of $215 and $1,067 as of March 31, 2020 and 2019, respectively) | |||||||||
9,232 | 2,285 | 5,056 | 10,849 | 7,062 | 2,021 | 1,871 | 797 | 1,482 | 491 |
Contribution of certain technology rights to equity investee | |||||||||
3,000 | 0 | 7,000 | 0 | 0 | - | - | - | - | - |
Deposit applied to property acquisition | |||||||||
- | - | - | - | - | - | - | 5,867 | 0 | - |