RELATED PARTY TRANSACTIONS |
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Jun. 30, 2023 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Related Party Transactions [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
RELATED PARTY TRANSACTIONS | RELATED PARTY TRANSACTIONS
During the fiscal years ended June 30, 2023, 2022 and 2021, we purchased from, or sold to, several entities where one or more of our executive officers or members of our Board of Directors, or their immediate family members were, during the periods presented, an executive officer or a board member of a subsidiary, including Advanced Micro Devices, Inc., Ansys, Inc., HP Inc., Keysight Technologies, Microchip Technology Incorporated and Splunk Inc. Citrix Systems, Inc. was a related party only during the fiscal years ended June 30, 2022 and 2021. Proofpoint, Inc. was a related party only during the fiscal year ended June 30, 2021. The following table provides the transactions with these parties for the indicated periods (for the portion of such period that they were considered related):
Our receivable balance was $1.0 million and $1.1 million and payable balances were immaterial from these parties as of June 30, 2023 and 2022, respectively. All of the related party transactions were made at current market rates.
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- References No definition available.
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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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