Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

v2.4.0.8
Related Party Transactions
9 Months Ended
Mar. 31, 2014
Related Party Transactions [Abstract]  
Related Party Transactions
RELATED PARTY TRANSACTIONS
During the three and nine months ended March 31, 2014 and 2013, the Company purchased from, or sold to, several entities, where one or more executive officers of the Company or members of the Company’s Board of Directors, or their immediate family members, also serves as an executive officer or board member, including Cisco Systems, Inc., Freescale Semiconductor, Inc., Avago Technologies Ltd., NetApp, Inc. and SAP AG. The following table provides the transactions with these parties for the indicated periods (for the portion of such period that they were considered related):
 
Three months ended
March 31,
 
Nine months ended
March 31,
(In thousands)
2014
 
2013
 
2014
 
2013
Total revenues
$
606

 
$
840

 
$
1,169

 
$
5,611

Total purchases
$
1,587

 
$
1,178

 
$
2,375

 
$
3,630


The receivable balance from these parties as of March 31, 2014 was immaterial. The Company had a receivable balance from these parties of $0.9 million as of June 30, 2013. Management believes that such transactions are at arm’s length and on similar terms as would have been obtained from unaffiliated third parties.