Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

v3.8.0.1
Related Party Transactions
 9 Months Ended
Mar. 31, 2018
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS
NOTE 15 – RELATED PARTY TRANSACTIONS
During the three and nine months ended March 31, 2018 and 2017, 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, were, during the periods presented, an executive officer or a board member of a subsidiary, including Citrix Systems, Inc., Integrated Device Technology, Inc., Keysight Technologies, Inc., MetLife Insurance K.K., NetApp, Inc., and Proofpoint, 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)
2018
 
2017
 
2018
 
2017
Total revenues
$
6

 
$
—

 
$
463

 
$
8

Total purchases
$
594

 
$
57

 
$
1,840

 
$
640


The Company’s receivable and payable balances from these parties were immaterial at March 31, 2018 and June 30, 2017. Management believes that such transactions are at arm’s length and on similar terms as would have been obtained from unaffiliated third parties.