Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

v3.6.0.2
Related Party Transactions
 6 Months Ended
Dec. 31, 2016
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS
NOTE 15 – RELATED PARTY TRANSACTIONS
During the three and six months ended December 31, 2016 and 2015, 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 Citrix Systems, Inc., Keysight Technologies, Inc., MetLife Insurance K.K. and NetApp, 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
December 31,
 
Six months ended
December 31,
(In thousands)
2016
 
2015
 
2016
 
2015
Total revenues
$
8

 
$
2

 
$
8

 
$
2

Total purchases
$
226

 
$
182

 
$
583

 
$
586


The receivable and payable balances from these parties were immaterial at December 31, 2016 and June 30, 2016. Management believes that such transactions are at arm’s length and on similar terms as would have been obtained from unaffiliated third parties.