Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

v2.4.1.9
Related Party Transactions
 9 Months Ended
Mar. 31, 2015
Related Party Transactions [Abstract]  
Related Party Transactions
NOTE 15 – RELATED PARTY TRANSACTIONS
During the three and nine months ended March 31, 2015 and 2014, 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 a board member, including Cisco Systems, Inc., Avago Technologies Ltd., NetApp, Inc. and Citrix Systems, Inc. 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)
2015
 
2014
 
2015
 
2014
Total revenues
$
721

 
$
606

 
$
1,419

 
$
1,169

Total purchases
$
159

 
$
1,587

 
$
957

 
$
2,375


The receivable balance from these parties as of March 31, 2015 and June 30, 2014 was $0.5 million and $1.8 million, respectively. Management believes that such transactions are at arm’s length and on similar terms as would have been obtained from unaffiliated third parties.