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14011000 32902000 31393000 -161000 -120000 -374000 15633000 20397000 61579000 49426000 -72000 36000 9789000 8413000 8871000 9789000 8413000 8871000 8871000 370000 64000 2569000 1272000 9789000 261000 1215000 2522000 2256000 2308000 2909000 1854000 8413000 1928000 497000 53000 2391000 3940000 590000 74000 678000 631000 636000 500000 248000 395000 187000 678000 500000 8100000 8400000 7600000 4900000 3800000 5000000 3584000 0 0 342338000 339452000 1485000 48665000 0 49966000 0 46433000 50150000 3533000 171924000 166969000 46433000 23186000 48665000 26363000 25479000 20070000 0 0 25479000 26363000 0 0 20070000 20070000 0 23186000 26363000 0 0 25479000 23186000 0 5672000 18319000 42993000 28114000 0 0 41000 9000 32000 0 5000 27000 0 72000 5000 45000 <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The following is a summary of the Company&#8217;s short-term investments (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="12" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 0px; font-weight: bold;">June 30, 2017</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px;"><b>Amortized<br /></b><b>Cost</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px;"><b>Gross<br /></b><b>Unrealized<br /></b><b>Gains</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px;"><b>Gross<br /></b><b>Unrealized<br /></b><b>Losses</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 0px; font-weight: bold;">Fair Value</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Corporate bonds and commercial paper</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">23,213</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(27</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">23,186</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">U.S. Government agency securities</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">25,524</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(45</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">25,479</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Total short-term investments</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">48,737</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(72</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">48,665</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="12" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 0px; font-weight: bold;">June 30, 2016</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px;"><b>Amortized<br /></b><b>Cost</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px;"><b>Gross<br /></b><b>Unrealized<br /></b><b>Gains</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px;"><b>Gross<br /></b><b>Unrealized<br /></b><b>Losses</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 0px; font-weight: bold;">Fair Value</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Corporate bonds and commercial paper</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">26,359</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">9</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(5</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">26,363</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">U.S. Government agency securities</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">20,038</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">32</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">20,070</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Total short-term investments</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">46,397</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">41</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(5</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">46,433</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div></div> 18290000 5679000 48737000 26359000 23213000 46397000 20038000 25524000 43058000 28107000 2016-01-06 2015-11-16 7.50 933000 386000 164000 3301000 1174000 966000 227000 224000 0 <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="h2" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">2. BUSINESS COMBINATIONS</div><div class="para">&#160;</div><div class="h3" style="text-align: left; font-style: italic; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">M5 Networks Australia Pty Ltd Acquisition</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">On November 16, 2015, the Company acquired all of the outstanding common stock of M5 Networks Australia Pty Ltd. (&#8220;M5 Australia&#8221;), a privately-held company based in Australia and a provider of hosted unified communications solutions, for a total cash consideration of $6.1 million (8.5 million Australian dollars). The acquisition accelerates the Company&#8217;s growth and expansion of providing hosted unified communications services in Australia.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">In accordance with ASC 805, <i>Business Combinations</i>, the acquisition of M5 Australia was recorded using the acquisition method. Under the acquisition method of accounting, the fair value of the consideration was allocated to assets and liabilities assumed at their fair values. The excess of the fair value of consideration paid over the fair values of net assets and liabilities acquired and identifiable intangible assets resulted in recognition of goodwill of approximately $5.2 million. The goodwill consists largely of expected expansion of the customer base and market share within the Australian hosted communications industry. The goodwill recorded is not deductible for income tax purposes. </div><div class="para">&#160;</div><div class="h2" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">Purchase Price Allocation </div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The total purchase price was allocated to M5 Australia&#8217;s net tangible and identifiable intangible assets based on their estimated fair values as of November 16, 2015 as set forth below. 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margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">224</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Other current assets</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">386</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Intangible assets:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Customer relationships</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,300</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">5</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Goodwill</div></td><td align="right" valign="bottom" style="text-align: right; 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text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Other long-term assets</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">164</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Other liabilities assumed</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; 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padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">6,110</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr></table></div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The Company recognized $0.3 million associated with legal, accounting, consulting and other costs directly related to the acquisition as acquisition-related costs within the Consolidated Statement of Operations for fiscal 2016.</div><div class="para">&#160;</div><div class="h3" style="text-align: left; font-style: italic; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">Corvisa LLC Acquisition</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">On January 6, 2016, the Company acquired all of the outstanding membership interest in Corvisa LLC (&#8220;Corvisa&#8221;), a provider of cloud-based communications solutions, for total cash consideration of $8.7 million. The acquisition accelerates the Company&#8217;s growth and expansion of its hosted unified communications service offering.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">In accordance with ASC 805, <i>Business Combinations</i>, the acquisition of Corvisa was recorded using the acquisition method. Under the acquisition method of accounting, the fair value of the consideration was allocated to assets and liabilities assumed at their fair values. The fair value of purchased identifiable intangible assets was derived from model-based valuations from significant unobservable inputs (&#8220;Level 3 inputs&#8221;) determined by management. The fair value of purchased identifiable intangible assets was determined using the Company&#8217;s discounted cash flow models from operating projections prepared by management using a market participant rate of 35.0%. The excess of the preliminary fair value of consideration paid over the preliminary fair values of net assets and liabilities acquired and identifiable intangible assets resulted in recognition of goodwill of approximately $1.5 million. The goodwill consists largely of expected expansion of the customer base and market share within hosted communications industry. 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margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">227</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Other current assets</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">933</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Intangible assets:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Existing technology</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; 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padding-right: 0px;"><b>Operating<br /></b><b>Leases</b></div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 18px;">2018</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7,095</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 18px;">2019</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">5,688</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 18px;">2020</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4,287</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 18px;">2021</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,499</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 18px;">2022</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; 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padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 18px;">Total minimum lease payments</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">22,119</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Minimum lease payments have not been reduced by minimum sublease rentals of $1.6 million due in the future under a noncancelable sublease.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Lease obligations for the Company&#8217;s foreign offices are denominated in foreign currencies, which were converted to U.S. dollars at the interbank exchange rate on June 30, 2017.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Rent expense for the years ended June 30, 2017, 2016, and 2015, was $5.7 million, $5.4 million and $5.6 million, respectively.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Purchase commitments</i> - The Company had purchase commitments with contract manufacturers for inventory and with technology firms for usage of software licenses totaling approximately $15.3 million and $15.4 million as of June 30, 2017 and 2016, respectively.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Indemnification -</i> Under the indemnification provisions of the Company&#8217;s customer agreements, the Company agrees to indemnify and defend its customers against infringement of any patent, trademark, or copyright or the misappropriation of any trade secret, arising from the customers&#8217; legal use of the Company&#8217;s services. The exposure to the Company under these indemnification provisions is generally limited to the total amount paid by the customers under pertinent agreements. However, certain indemnification provisions potentially expose the Company to losses in excess of the aggregate amount received from the customer.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The Company also has entered into customary indemnification agreements with each of its officers and directors.</div></div> 67517000 69122000 500000000 500000000 4041000 3189000 7230000 3500000 0.001 0.001 0.001 68657000 67391000 62824000 68657000 67391000 65055000 379871000 394184000 <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="h2" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">16. EMPLOYEE 401(K) PLAN</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Employee 401(k) Plan - </i>The Company adopted a defined contribution retirement plan which has been determined by the Internal Revenue Service (&#8220;IRS&#8221;) to be qualified as a 401(k) plan (the &#8220;Plan&#8221;). The Plan covers substantially all employees. The Plan provides for voluntary tax deferred contributions of 1-20% of gross compensation, subject to certain IRS limitations. Effective January 1, 2015, the Company began matching employee contributions to the Plan on a dollar for dollar basis up to a maximum amount of $1,500 per year. Employer matching contributions made by the Company vest immediately. 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As of June 30, 2017, substantially all of the Company&#8217;s cash and cash equivalents and short-term investments were managed by multiple financial institutions. Accounts receivable are typically unsecured and are derived from revenue earned from customers. The Company performs ongoing credit evaluations of its customers and maintains allowances for potential credit losses. 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All transactions and balances between the parent and the subsidiaries have been eliminated in consolidation.</div></div> 131143000 132464000 141107000 17194000 19199000 17453000 43543000 63253000 51881000 656000 986000 1030000 685000 299000 757000 100000 528000 272000 159000 1000 -129000 <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="h2" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">7. LINE OF CREDIT</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">On October 22, 2014, the Company entered into an Amended and Restated Credit Agreement which was further amended on December 1, 2014 and again on August 5, 2015 (&#8220;Credit Facility&#8221;). This Credit Facility replaces the Company&#8217;s previous credit facility. The Credit Facility includes a revolving loan facility for an aggregate principal amount not exceeding $100.0 million. The Credit Facility matures on October 22, 2019 and is payable in full upon maturity. The amounts borrowed and repaid under the Credit Facility are available for future borrowings. The borrowings under the Credit Facility accrue interest (at the election of the Company) either at (i) the London interbank offered rate then in effect, plus a margin of between 1.50% and 2.25%, which is based on the Company&#8217;s consolidated EBITDA (as defined in the Credit Facility), or (ii) the higher of (a) the bank&#8217;s publicly-announced prime rate then in effect and (b) the federal funds rate plus 0.50%, in each case of (a) or (b), plus a margin of between 0.00% and 0.50%, which will be based upon the Company&#8217;s consolidated EBITDA. The Company also pays commitment fees during the term of the Credit Facility which vary depending on the Company&#8217;s consolidated EBITDA. The Credit Facility is secured by substantially all of the Company&#8217;s assets. As of June 30, 2017, the Company had $51.7 million available for borrowing under the Credit Facility.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The Credit Facility contains customary affirmative and negative covenants, including compliance with financial ratios and metrics. The Credit Facility and the related amendment requires the Company to maintain a minimum ratio of liquidity to its indebtedness (each as defined in the Credit Facility) and varying amounts of Liquidity and Consolidated EBITDA specified in the Credit Facility throughout the term of the agreement. The Company was in compliance with all such covenants as of June 30, 2017.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">As of June 30, 2017, no amounts were outstanding under the Credit Facility. 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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">In the normal course of business, the Company is exposed to fluctuations in interest rates and the exchange rates associated with foreign currencies. During fiscal 2017 and 2016, the Company used derivative instruments to reduce the volatility of earnings associated with changes in foreign currency exchange rates. The Company used foreign exchange forward contracts to mitigate the gains and losses generated from the re-measurement of certain foreign monetary assets and liabilities, primarily including cash balances, third party accounts receivable and intercompany transactions recorded on the balance sheet. These derivatives are not designated and do not qualify as hedge instruments. Accordingly, changes in the fair value of these instruments are recognized in other income and expenses during the period of change. These derivatives have maturities of approximately one month. The foreign exchange forward contracts outstanding as of June 30, 2017 were entered into by the Company on the last business day of the period. Given the relatively short duration such contracts are outstanding in relation to changes in potential market rates; the change in the fair value is not material and is not reflected either as an asset or a liability.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The following table presents the gross notional value of all our foreign exchange forward contracts outstanding as of June 30, 2017 and 2016 (in thousands).</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;"></div></td><td align="center" colspan="6" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 7px; padding-right: 0px; font-weight: bold;">June 30, 2017</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 15%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 7px; padding-right: 7px;"><b>Local </b><b>Currency<br /></b><b>Amount</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 15%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 7px; padding-right: 0px;"><b>Notional<br /></b><b>Contract<br /></b><b>Amount </b><b>(USD)</b></div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Australian dollar</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,870</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,177</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">British pound</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#163;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,250</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,904</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Canadian dollar</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">860</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">657</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Euro</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8364;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,010</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">1,143</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Total</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">6,881</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div><div>&#160;</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;"></div></td><td align="center" colspan="6" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 7px; padding-right: 0px; font-weight: bold;">June 30, 2016</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 15%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 7px; padding-right: 7px;"><b>Local </b><b>Currency<br /></b><b>Amount</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 15%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 7px; padding-right: 0px;"><b>Notional<br /></b><b>Contract<br /></b><b>Amount </b><b>(USD)</b></div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Australian dollar</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,800</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,316</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">British pound</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#163;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">830</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,088</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Canadian dollar</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">940</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">718</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Euro</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8364;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,500</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">1,650</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Total</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">4,772</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div></div> P1M <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="h2" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">11. EMPLOYEE BENEFIT PLANS</div><div class="para">&#160;</div><div class="h3" style="text-align: left; font-style: italic; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">Equity Stock Incentive Plans</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The Company grants nonqualified (&#8220;NQSO&#8221;), restricted stock awards and restricted stock units to officers, directors, employees and consultants under the 2015 Equity Incentive Plan (&#8220;2015 Plan&#8221;). The 2015 Plan provides for the granting of incentive stock options and NQSOs for over a period not to exceed ten years and at exercise prices that are not less than 100% and 85%, respectively, of the estimated fair market value of the Company&#8217;s common stock on the date of grant as determined by the Board of Directors. Stock options issued under the 2015 Plan generally vest 25% at one year and then 1/36<sup style="line-height: 1; font-size: x-small; vertical-align: text-top;">th</sup> monthly thereafter, and restricted stock units issued under the 2015 Plan generally vest 25% at one, two, three and four years.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The following table summarizes the Company&#8217;s stock option activities for the fiscal year ended June 30, 2017 (in thousands, except per share amounts):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px;"><b>Shares<br /></b><b>Subject to<br /></b><b>Options<br /></b><b>Outstanding</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px;"><b>Weighted-<br /></b><b>Average<br /></b><b>Exercise<br /></b><b>Price</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px;"><b>Weighted-<br /></b><b>Average<br /></b><b>Remaining<br /></b><b>Contractual<br /></b><b>Term<br /></b><b>(In years)</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 0px;"><b>Aggregate<br /></b><b>Intrinsic<br /></b><b>Value</b></div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Balance at July 1, 2016</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6,268</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.31</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Options granted</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,503</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7.91</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Options exercised</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(488</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4.95</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Options cancelled/forfeited</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(741</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7.86</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Balance at June 30, 2017</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">6,542</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.61</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.54</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,480</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Vested and expected to vest at June 30, 2017</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">5,747</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.47</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.25</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,479</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Options exercisable at June 30, 2017</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">4,043</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.03</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">5.33</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,434</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr></table></div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The weighted-average grant-date fair value of options granted during the years ended June 30, 2017, 2016, and 2015 was $3.21, $3.22, and $3.02, respectively. The total intrinsic value of options exercised in the years ended June 30, 2017, 2016, and 2015 was $1.0 million, $4.9 million, and $3.2 million, respectively, and represents the difference between the fair value of the Company&#8217;s common stock at the dates of exercise and the exercise price of the options.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The following table summarizes information about outstanding and exercisable options at June 30, 2017 (in thousands, except years and exercise prices):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 6px;"></div></td><td align="center" colspan="9" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 6px; padding-right: 6px; font-weight: bold;">Options Outstanding</div></td><td align="center" colspan="6" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 6px; padding-right: 0px; font-weight: bold;">Options Exercisable</div></td></tr><tr><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: #000000 1pt solid; padding-left: 0px; padding-right: 6px; font-weight: bold;">Exercise Prices</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 14%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: #000000 1pt solid; padding-left: 6px; padding-right: 6px;"><b>Number<br /></b><b>Outstanding</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 14%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: #000000 1pt solid; padding-left: 6px; padding-right: 6px;"><b>Weighted<br /></b><b>Average<br /></b><b>Remaining<br /></b><b>Contractual<br /></b><b>Life (Years)</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 14%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: #000000 1pt solid; padding-left: 6px; padding-right: 6px;"><b>Weighted<br /></b><b>Average<br /></b><b>Exercise<br /></b><b>Price</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 14%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: #000000 1pt solid; padding-left: 6px; padding-right: 6px;"><b>Number<br /></b><b>Outstanding</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 14%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: #000000 1pt solid; padding-left: 6px; padding-right: 0px;"><b>Weighted<br /></b><b>Average<br /></b><b>Exercise<br /></b><b>Price</b></div></td></tr><tr style="background-color: #cceeff;"><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 6px;">$3.50 - 4.25<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">322</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">5.10</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4.03</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">322</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4.03</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 6px;">$4.31<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">710</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">5.73</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4.31</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">691</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4.31</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 6px;">$4.35 - 5.15<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">812</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4.24</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4.79</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">795</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4.79</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 6px;">$5.25 - 6.61<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,011</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">5.68</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.28</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">743</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.35</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 6px;">$6.64 - 7.23<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">664</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7.10</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.87</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">366</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.81</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 6px;">$7.25 - 7.41<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">724</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">8.10</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7.36</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">322</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7.36</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 6px;">$7.42 - 8.02<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,063</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7.53</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7.77</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">403</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7.70</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 6px;">$8.03<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">33</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">9.20</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">8.03</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 6px;">$8.04<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">760</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">9.13</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">8.04</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="center" valign="bottom" style="text-align: center; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 6px;">$8.12 - 13.73<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">443</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4.69</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">9.04</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">401</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">9.03</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="center" valign="bottom" style="text-align: center; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 6px;">Total<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">6,542</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.54</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.61</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">4,043</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.03</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr></table></div><div class="h3" style="text-align: left; font-style: italic; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">&#160;</div><div class="h3" style="text-align: left; font-style: italic; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">Stock-based Compensation</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The Company estimates the fair value of stock options using the Black-Scholes option-pricing model, which requires the use of the following assumptions: (i) the expected volatility of the Company&#8217;s common stock, which is based on a blended rate of the Company&#8217;s own common stock volatility and the volatility data of certain peer companies; (ii) the expected term which is the period that the Company&#8217;s stock-based awards are expected to be outstanding based on Company&#8217;s actual historic grant, exercise, and post-vesting forfeiture data; (iii) an expected dividend yield, which is assumed to be 0% as the Company has not paid and, as of the date of grant, did not anticipate paying dividends in the foreseeable future; and (iv) a risk-free interest rate, which is based on the U.S. Treasury yield curve in effect on the date of grant for zero coupon U.S. Treasury notes with maturities approximately equal to expected term of the option award. The fair value of each option is estimated on the date of grant using the Black-Scholes option valuation method, with the following assumptions:</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 10px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 10px; padding-right: 0px; font-weight: bold;">Year Ended June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 10px;"></div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 17%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 10px; padding-right: 10px; font-weight: bold;">2017</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 17%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 10px; padding-right: 10px; font-weight: bold;">2016</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 17%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 10px; padding-right: 0px; font-weight: bold;">2015</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 10px;">Expected life from grant date of option</div></td><td valign="bottom" style="text-align: justify; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">5.15-5.17 years</div></td><td valign="bottom" style="text-align: justify; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">5.09-5.13 years</div></td><td valign="bottom" style="text-align: justify; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 0px;">5.04-5.09 years</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 10px;">Risk-free interest rate</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">1.13-1.94%</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">1.24-1.59%</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 0px;">1.45-1.70%</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 10px;">Expected volatility</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">39-45%</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">46-48%</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 0px;">49-50%</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 10px;">Expected dividend yield</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">0%</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">0%</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 0px;">0%</div></td></tr></table></div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">As of June 30, 2017, total unrecognized compensation cost related to stock options granted to employees and non-employee directors was $3.2 million, net of estimated forfeitures, which the Company expects to recognize over 2.6 years. Pursuant to the terms of the Merger Agreement, any unvested stock option will be cancelled upon consummation of the merger.</div><div class="para">&#160;</div><div class="h3" style="text-align: left; font-style: italic; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">Employee Stock Purchase Plan</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">On November 9, 2016, the 2016 Employee Stock Purchase Plan (&#8220;2016 ESPP&#8221;) was approved by stockholders. The 2016 ESPP is the successor to the 2007 Employee Stock Purchase Plan (&#8220;2007 ESPP&#8221;) which terminated automatically in October 2016. A total of 3.5 million shares of the Company&#8217;s common stock were reserved for issuance under the 2016 ESPP. The 2016 ESPP allows eligible employees to purchase shares of the Company&#8217;s common stock at a discount through payroll deductions. Offering periods are six-months long commencing on May 1<sup style="line-height: 1; font-size: x-small; vertical-align: text-top;">st</sup> and November 1<sup style="line-height: 1; font-size: x-small; vertical-align: text-top;">st</sup>, each year, and employees are able to purchase shares of the Company&#8217;s common stock at a purchase price of the lower of 85% of the fair market value of the Company&#8217;s common stock on the first day of an offering period or on the purchase date (the last day of the applicable offering period). The terms of the 2007 ESPP were substantially the same as the terms of the 2016 ESPP as explained in the paragraph above.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Pursuant to the definitive agreement entered into with Mitel, the Company&#8217;s ESPP was suspended on July 26, 2017, the date of the Merger Agreement, and the Company subsequently refunded contributions received from participating employees. The ESPP will be terminated upon the consummation of the merger. The Company expects that there will be no further offering periods under the ESPP prior to its termination in connection with the closing of the merger. Refer to Note 18 for additional details regarding this definitive agreement.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The fair value of stock purchase rights granted under the ESPP is estimated using the Black-Scholes option pricing model, based on the following assumptions:</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 10px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 10px; padding-right: 0px; font-weight: bold;">Year Ended June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 10px;"></div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 17%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 10px; padding-right: 10px; font-weight: bold;">2017</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 17%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 10px; padding-right: 10px; font-weight: bold;">2016</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 17%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 10px; padding-right: 0px; font-weight: bold;">2015</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 10px;">Expected life from grant date of ESPP</div></td><td valign="bottom" style="text-align: justify; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">0.33-0.50 years</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">0.50 years</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 0px;">0.50 years</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 10px;">Risk-free interest rate</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">0.40-1.08%</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">0.14-0.41%</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 0px;">0.06-0.09%</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 10px;">Expected volatility</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">32-37%</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">29-37%</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 0px;">35-43%</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 10px;">Expected dividend yield</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">0%</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">0%</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 0px;">0%</div></td></tr></table></div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Expenses related to shares issued under the ESPP are included in stock-based compensation expense. The Company issued 689,007 shares and 737,806 shares under the ESPP in fiscal 2017 and 2016, respectively, at a weighted average price per share of $5.30 and $5.51, respectively. As of June 30, 2017, total unrecognized compensation cost related to the ESPP plan was $0.4 million, which the Company expects to recognize over 0.5 years.</div><div class="h3" style="text-align: left; font-style: italic; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">&#160;</div><div class="h3" style="text-align: left; font-style: italic; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">Restricted Stock Awards and Restricted Stock Units</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Restricted stock award and restricted stock unit activity for the year ended June 30, 2017 is as follows (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 18%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 11px; padding-right: 11px; font-weight: bold;">Shares</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 18%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 11px; padding-right: 0px;"><b>Weighted-<br /></b><b>Average<br /></b><b>Grant Date<br /></b><b>Fair Value</b></div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Outstanding - July 1, 2016</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,927</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.99</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Awarded</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,302</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7.73</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Released</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(629</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.83</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Forfeited</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(398</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7.40</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Outstanding - June 30, 2017</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">2,202</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7.39</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr></table></div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The grant-date fair value of restricted stock units granted during fiscal 2017, 2016 and 2015 was $10.1 million, $9.3 million and $5.8 million, respectively. </div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">As permitted under the 2007 Plan, in fiscal 2016, the Company issued 26,773 shares of restricted stock awards, with a fair value of $0.2 million, to non-employee directors electing to receive them in lieu of an annual cash retainer. These shares were issued quarterly and vest immediately upon issuance. No restricted stock awards were issued in fiscal 2017.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">As of June 30, 2017, total unrecognized compensation cost related to restricted stock awards and units awarded to employees and directors was $5.0 million, net of estimated forfeitures, which the Company expects to recognize over 2.5 years. Pursuant to the terms of the Merger Agreement, any unvested restricted stock units will be cancelled upon consummation of the merger.</div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">At June 30, 2017, the Company had reserved shares of common stock for issuance as follows (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 82%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Reserved under stock option plans </div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 7%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4,041</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 82%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Reserved under employee stock purchase plan </div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 7%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">3,189</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 82%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Total </div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 7%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">7,230</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div></div> -0.18 -0.07 -0.07 -0.04 -0.08 -0.01 -0.04 0.03 0.04 -0.01 -0.13 -0.08 -0.01 -0.01 -0.13 0.03 0.04 -0.04 -0.04 <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="h2" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">8. NET LOSS PER COMMON SHARE</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Basic net loss per share is determined by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted net loss per common share is determined by dividing net loss by the weighted average number of common shares used in the basic net loss per common share calculation, plus the number of common shares that would be issued assuming conversion of all potentially dilutive securities outstanding under the treasury stock method.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The following table is a reconciliation of the numerators and denominators used in computing basic and diluted net loss per common share (in thousands other than per share amounts):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="9" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 0px; font-weight: bold;">Year Ended June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px; font-weight: bold;">2017</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px; font-weight: bold;">2016</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 0px; font-weight: bold;">2015</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px; font-weight: bold;">Numerator:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Net loss</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(12,443</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(4,792</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(4,404</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px; font-weight: bold;">Denominator:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: -13px; padding-left: 26px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Weighted average common shares outstanding (basic and diluted)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">68,100</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">66,405</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">63,953</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Net loss per share<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Basic and diluted</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(0.18</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(0.07</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(0.07</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td></tr></table></div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Anti-dilutive weighted shares related to stock-based options and awards excluded from the calculation of diluted shares were approximately 5.0 million, 4.9 million, and 3.8 million for the years ended June 30, 2016, 2015 and 2014 respectively.</div></div> 18925000 16740000 P2Y7M6D P0Y6M P2Y6M 400000 5000000 3200000 <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="h2" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">6. FAIR VALUE DISCLOSURE</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in the principal market (or most advantageous market, in the absence of a principal market) for the asset or liability in an orderly transaction between market participants at the measurement date. Further, entities are required to maximize the use of observable inputs and minimize the use of unobservable inputs in measuring fair value, and to utilize a three-level fair value hierarchy that prioritizes the inputs used to measure fair value. The three levels of inputs used to measure fair value are as follows: </div><div><table cellpadding="0" cellspacing="0" class="group-list" style="padding-bottom: 0px; margin-top: 0px; width: 100%; padding-top: 0px;"><tr style="font-family: Times New Roman, Times, Serif; color: #000000; font-size: 13px; vertical-align: top;"><td class="group-filler" style="width: 26px; font-family: Times New Roman, Times, Serif; color: #000000; font-size: 13px; vertical-align: top;"><div>&#160;</div></td><td class="group-list" style="text-align: left; width: 26px; font-family: Times New Roman, Times, Serif; color: #000000; font-size: 13px; vertical-align: top;"><div>&#8226;</div></td><td class="group-item" style="text-align: left; font-family: Times New Roman, Times, Serif; color: #000000; font-size: 13px;"><div>Level 1 &#8212; Quoted prices in active markets for identical assets or liabilities. </div></td></tr></table><table cellpadding="0" cellspacing="0" class="group-list" style="padding-bottom: 0px; margin-top: 0px; width: 100%; padding-top: 0px;"><tr style="font-family: Times New Roman, Times, Serif; color: #000000; font-size: 13px; vertical-align: top;"><td class="group-filler" style="width: 26px; font-family: Times New Roman, Times, Serif; color: #000000; font-size: 13px; vertical-align: top;"><div>&#160;</div></td><td class="group-list" style="text-align: left; width: 26px; font-family: Times New Roman, Times, Serif; color: #000000; font-size: 13px; vertical-align: top;"><div>&#8226;</div></td><td class="group-item" style="text-align: left; font-family: Times New Roman, Times, Serif; color: #000000; font-size: 13px;"><div>Level 2 &#8212; Observable inputs other than quoted prices included within Level 1, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; and inputs other than quoted prices that are observable or are derived principally from, or corroborated by, observable market data by correlation or other means.</div></td></tr></table><table cellpadding="0" cellspacing="0" class="group-list" style="padding-bottom: 0px; margin-top: 0px; width: 100%; padding-top: 0px;"><tr style="font-family: Times New Roman, Times, Serif; color: #000000; font-size: 13px; vertical-align: top;"><td class="group-filler" style="width: 26px; font-family: Times New Roman, Times, Serif; color: #000000; font-size: 13px; vertical-align: top;"><div>&#160;</div></td><td class="group-list" style="text-align: left; width: 26px; font-family: Times New Roman, Times, Serif; color: #000000; font-size: 13px; vertical-align: top;"><div>&#8226;</div></td><td class="group-item" style="text-align: left; font-family: Times New Roman, Times, Serif; color: #000000; font-size: 13px;"><div>Level 3 &#8212; Unobservable inputs that are supported by little or no market activity, are significant to the fair value of the assets or liabilities, and reflect the Company&#8217;s own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. </div></td></tr></table></div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The tables below set forth the Company&#8217;s financial instruments and liabilities measured at fair value on a recurring basis (in thousands): </div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="12" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 0px; font-weight: bold;">June 30, 2017</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px; font-weight: bold;">Fair Value</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px; font-weight: bold;">Level 1</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px; font-weight: bold;">Level 2</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 0px; font-weight: bold;">Level 3</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px; font-weight: bold;">Assets:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Cash and cash equivalents:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Money market funds</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,485</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,485</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Short-term investments:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Corporate notes and commercial paper</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">23,186</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">23,186</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">U.S. Government agency securities</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">25,479</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">25,479</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Total assets measured and recorded at fair value</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">50,150</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">1,485</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">48,665</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div><div class="para">&#160;</div><div class="para" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The above table excludes $65.7 million of cash balances on deposit at banks.</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="12" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 0px; font-weight: bold;">June 30, 2016</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px; font-weight: bold;">Fair Value</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px; font-weight: bold;">Level 1</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px; font-weight: bold;">Level 2</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 0px; font-weight: bold;">Level 3</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px; font-weight: bold;">Assets:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Cash and cash equivalents:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Money market funds</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">3,533</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">3,533</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Short-term investments:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Corporate notes and commercial paper</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">26,363</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">26,363</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">U.S. Government agency securities</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">20,070</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">20,070</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Total assets measured and recorded at fair value</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">49,966</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">3,533</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">46,433</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div><div class="para">&#160;</div><div class="para" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The above table excludes $58.2 million of cash balances on deposit at banks.</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">There were foreign exchange forward contracts (see Note 15) outstanding as of June 30, 2017 and 2016 which were entered into by the Company on the last day of the period. This fair value is not material.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Money market funds are classified within Level 1 of the fair value hierarchy because they are valued using quoted market prices in active markets. Short-term investments are classified within Level 2 of the fair value hierarchy because they are valued based on other observable inputs, including broker or dealer quotations, or alternative pricing sources. When quoted prices in active markets for identical assets or liabilities are not available, the Company relies on non-binding quotes from independent pricing services. Non-binding quotes are based on proprietary valuation models prepared by independent pricing services. These models use algorithms based on inputs such as observable market data, quoted market prices for similar instruments, historical pricing trends of a security as relative to its peers, internal assumptions of the independent pricing service and statistically supported models. The Company corroborates the reasonableness of non-binding quotes received from the independent pricing service by comparing them to the (a) actual experience gained from the purchases and redemption of investment securities, (b) quotes received on similar securities obtained when purchasing securities and (c) monitoring changes in ratings of similar securities and the related impact on the fair value. The types of instruments valued based on other observable inputs include U.S. government agency securities, corporate bonds, and commercial paper. The Company reviewed financial and non-financial assets and liabilities and concluded that there were no other-than-temporary impairment charges during fiscal 2017 and 2016. The Company reviews the fair value hierarchy on a quarterly basis. Changes in the ability to observe valuation inputs may result in a reclassification of levels of certain securities within the fair value hierarchy. The Company recognizes transfers into and out of levels within the fair value hierarchy as of the date in which the actual event or change in circumstances that caused the transfer occurs. There were no transfers between Level 1 and Level 2 of the fair value hierarchy for any of the periods presented. </div><div class="para">&#160;</div><div class="h4" style="text-align: left; font-style: italic; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Assets and Liabilities That Are Measured at Fair Value on a Nonrecurring Basis</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Non-financial assets such as goodwill, intangible assets, and property, plant, and equipment are evaluated for impairment and adjusted to fair value using Level 3 inputs, only when impairment is recognized. Fair values are considered Level 3 when management makes significant assumptions in developing a discounted cash flow model based upon a number of considerations including projections of revenues, earnings and a discount rate. In addition, in evaluating the fair value of goodwill impairment, further corroboration is obtained using the Company&#8217;s market capitalization. There were no indicators of impairment during fiscal 2017, 2016 and 2015 that required a nonrecurring fair value analysis to be performed on non-financial assets.</div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Fair Value of Financial Instruments -</i> The carrying amounts of the Company&#8217;s financial instruments, including cash and cash equivalents, accounts receivable, accounts payable and accrued liabilities, approximate their respective fair market values due to the short maturities of these financial instruments. Refer to Note 6 to the Consolidated Financial Statements for discussion of the methods used to determine the fair value of short-term investments. Refer to Note 7 to the Consolidated Financial Statements for discussion of the methods used to determine the fair value of the line of credit.</div></div> 0 4180000 12087000 4191000 133000 18788000 527000 7911000 163000 6607000 10187000 1156000 15000 14513000 27243000 41970000 3919000 45000 4140000 49521000 23523000 18093000 5683000 31434000 24700000 4446000 5296000 24700000 31434000 61608000 60758000 178000 178000 P8Y P2Y P5Y P3Y P5Y P6Y 140000 647000 1437000 <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Fiscal Year End</i> - The Company operates on a fiscal year ending June 30.</div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Foreign Currency Translation</i> &#8211; The Company&#8217;s foreign operations are subject to exchange rate fluctuations and foreign currency transaction costs; however, the majority of sales transactions are denominated in U.S. dollars. The functional currency of the subsidiaries is the U.S. dollar. Foreign currency denominated sales, costs and expenses are recorded at the average exchange rates during the year. Gains or losses resulting from foreign currency transactions are included in the consolidated statements of operations within other income (expense), net.</div></div> -145000 -97000 -56000 43532000 39778000 41778000 0 0 0 129449000 129449000 1489000 5210000 122750000 <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Goodwill and Purchased-Intangible Assets </i>- Goodwill is tested for impairment on an annual basis on June 30th and, when specific circumstances dictate, between annual tests. When impaired, the carrying value of goodwill is written down to fair value. The Company has a single reporting unit. The goodwill impairment test involves a two-step process. The first step, identifying a potential impairment, compares the fair value of a reporting unit with its carrying amount, including goodwill. If the carrying value of the reporting unit exceeds its fair value, the second step would need to be conducted; otherwise, no further steps are necessary as no potential impairment exists. The second step, measuring the impairment loss, compares the implied fair value of the reporting unit goodwill with the carrying amount of that goodwill. Any excess of the reporting unit goodwill carrying value over the respective implied fair value is recognized as an impairment loss. There was no impairment of goodwill identified in fiscal 2017, 2016 and 2015.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Purchased-intangible assets are amortized on a straight-line basis over the periods of benefit, ranging from two to eight years. The Company performs a review of purchased-intangible assets whenever events or changes in circumstances indicate that the useful life is shorter than it had originally estimated or that the carrying amount of assets may not be recoverable. If such facts and circumstances exist, the Company assesses the recoverability of purchased-intangible assets by comparing the projected undiscounted net cash flows associated with the related asset or group of assets over their remaining lives against their respective carrying amounts. Impairments, if any, are based on the excess of the carrying amount over the fair value of those assets. If the useful life of the asset is shorter than originally estimated, the Company accelerates the rate of amortization and amortizes the remaining carrying value over the new shorter useful life. There was no impairment of purchased-intangible assets identified in fiscal 2017, 2016 and 2015.</div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="h2" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">5. GOODWILL AND INTANGIBLE ASSETS</div><div class="para">&#160;</div><div class="h3" style="text-align: left; font-style: italic; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">Goodwill</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Goodwill represents the excess of the purchase price in a business combination over the fair value of tangible and intangible assets acquired. Goodwill amounts are not amortized.</div><div class="para">&#160;</div><div class="para" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The following table summarizes the changes in the carrying value of goodwill (in thousands): </div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 18px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 20%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 18px; padding-right: 0px; font-weight: bold;">Total</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 18px;">As of June 30, 2015</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">122,750</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 18px;">Addition</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">6,699</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 18px;">As of June 30, 2016</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">129,449</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 18px;">As of June 30, 2017</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">129,449</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div><div class="para">&#160;</div><div class="h3" style="text-align: left; font-style: italic; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">Intangible assets</div><div class="para">&#160;</div><div class="para" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The following is a summary of the Company&#8217;s intangible assets (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="9" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px; font-weight: bold;">June 30, 2017</div></td><td align="center" colspan="9" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 0px; font-weight: bold;">June 30, 2016</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px;"><b>Gross </b><b>Carrying </b><b>&#8206;Amount</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px;"><b>Accumulated&#8206; </b><b>Amortization</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px;"><b>Net Carrying&#8206; </b><b>Amount</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px;"><b>Gross </b><b>Carrying </b><b>&#8206;Amount</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px;"><b>Accumulated&#8206; </b><b>Amortization</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 0px;"><b>Net Carrying&#8206; </b><b>Amount</b></div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Patents</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">5,296</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(4,140</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,156</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4,446</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(3,919</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">527</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Technology</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">31,434</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(27,243</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4,191</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">31,434</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(23,523</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7,911</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Customer relationships</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">24,700</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(18,093</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6,607</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">24,700</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(14,513</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">10,187</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Other</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">178</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(45</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">133</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">178</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(15</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">163</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Intangible assets</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">61,608</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(49,521</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">12,087</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">60,758</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(41,970</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">18,788</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div><div class="para">&#160;</div><div class="para" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The intangible assets are being amortized over useful lives ranging from 2 years to 8 years.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Amortization of intangible assets for the years ended June 30, 2017, 2016 and 2015 was $7.6 million, $8.4 million and $8.1 million, respectively.</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The estimated future amortization expenses for intangible assets, excluding intangible assets in process and other, for the next five years and thereafter are as follows (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: #000000 1pt solid; padding-left: 0px; padding-right: 19px; font-weight: bold;">Years Ending June 30,</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 20%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 19px; padding-right: 0px;"></div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 19px;">2018</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">5,683</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 19px;">2019</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4,180</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 19px;">2020</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,437</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 19px;">2021</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">647</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 19px;">2022</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">140</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 19px;">Thereafter </div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 19px;">Total </div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">12,087</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div></div> 6699000 218563000 227820000 226616000 60567000 56222000 59487000 55504000 57885000 58012000 54323000 52436000 <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Warranties</i> - The majority of the Company&#8217;s products are covered by a one-year limited manufacturer&#8217;s warranty. Estimated contractual warranty obligations are recorded when related sales are recognized based on historical experience. The determination of such provision requires the Company to make estimates of product return rates and expected costs to repair or replace the product under warranty. If actual costs differ significantly from these estimates, additional amounts are recorded when such costs are probable and can be reasonably estimated. The provisions for product warranties are recorded within cost of goods sold on the statement of operations and included within accrued liabilities and other on the balance sheet and are insignificant for fiscal 2017 and 2016.</div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Long-Lived Assets</i> - The Company evaluates the carrying value of long-lived assets to be held and when events or circumstances warrant such a review. The carrying value of a long-lived asset to be held and used is considered impaired when the anticipated separately identifiable undiscounted cash flows from such an asset are less than the carrying value of the asset. In that event, an impairment loss is recognized based on the amount by which the carrying value exceeds the fair value of the long-lived asset. Fair value is determined primarily using the anticipated cash flows discounted at a rate commensurate with the risk involved. There was no impairment of long-lived assets identified in fiscal 2017, 2016 and 2015.</div></div> 0 0 0 0 0 0 2008 2012 2000000 1143000 1337000 973000 -12842000 -4416000 -5375000 -4232000 -3443000 -11505000 1300000 <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="fpara" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">9. INCOME TAXES</div><div class="para">&#160;</div><div class="para" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The components of loss before income taxes consist of the following (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="9" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 0px; font-weight: bold;">Year Ended June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px; font-weight: bold;">2017</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px; font-weight: bold;">2016</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 0px; font-weight: bold;">2015</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Domestic</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(12,842</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(5,375</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(4,416</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Foreign</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">1,337</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">1,143</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">973</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Total</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(11,505</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(4,232</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(3,443</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td></tr></table></div><div class="para">&#160;</div><div class="para" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The provision for income taxes consists of the following (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="9" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 0px; font-weight: bold;">Year Ended June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px; font-weight: bold;">2017</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px; font-weight: bold;">2016</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 0px; font-weight: bold;">2015</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Current:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Federal</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(129</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">159</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">State</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">272</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">100</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">528</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Foreign</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">757</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">685</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">299</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 26px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Total current income tax</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">1,030</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">656</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">986</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Deferred:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Federal</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">34</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">17</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">State</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">5</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Foreign</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(131</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(115</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(25</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 26px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Total deferred income tax</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(92</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(96</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(25</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Provision for income taxes</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">938</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">560</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">961</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The difference between the provision for income taxes and the amount computed by applying the federal statutory income tax rate to loss before benefit from income tax is as follows (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="9" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 0px; font-weight: bold;">Year Ended June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px; font-weight: bold;">2017</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px; font-weight: bold;">2016</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 0px; font-weight: bold;">2015</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Benefit from income tax at federal statutory rate</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(3,913</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(1,439</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(1,140</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Non deductible expenses</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">302</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">385</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">442</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Federal Alternative Minimum Tax</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(129</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">159</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Stock-based compensation</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">306</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">273</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">314</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Fair value of escrow settlement modification</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">225</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Credits</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(976</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(1,775</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(574</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">State taxes</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">272</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">100</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">528</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Other</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">211</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">201</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(56</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Increase in valuation allowance</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">4,735</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">2,944</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">1,063</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Total</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">938</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">560</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">961</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div><div class="para">&#160;</div><div class="para" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Significant components of deferred tax assets consist of the following (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;"></div></td><td align="center" colspan="6" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 7px; padding-right: 0px; font-weight: bold;">June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 15%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 7px; padding-right: 7px; font-weight: bold;">2017</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 15%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 7px; padding-right: 0px; font-weight: bold;">2016</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px; font-weight: bold;">Deferred Tax Assets<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Net operating loss carryforwards</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">32,598</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">29,015</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Tax credit carryforwards</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">24,116</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">20,659</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Stock compensation</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">5,782</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">11,295</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Deferred revenue</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">3,337</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">3,330</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Other</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">6,866</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">6,955</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Gross deferred tax assets</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">72,699</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">71,254</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Valuation allowance</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(72,158</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(69,413</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Total deferred tax assets</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">541</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">1,841</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px; font-weight: bold;">Deferred Tax Liabilities<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Acquistion intangibles</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(312</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(1,927</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Total deferred tax liabilities</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(312</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(1,927</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Total net deferred tax assets (liabilities)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">229</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(86</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td></tr></table></div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">During the year ended June 30, 2017, the decrease in the Company&#8217;s deferred tax assets of $1.3 million was primarily due to changes in accruals, partially offset by an increase in tax credit and loss carryforwards. In addition, the decrease in the Company&#8217;s total deferred tax liabilities of $1.6 million was due to the amortization of the identifiable intangible property. In assessing the realization of deferred tax assets, management considers whether it is more likely than not that some or all of the deferred tax assets will be realized. The realization of deferred tax assets is based on several factors, such as the Company&#8217;s history of past earnings, the scheduling of deferred tax liabilities and projected future income from operating activities. As of June 30, 2017, management does not believe it is more likely than not that the net U.S. federal and state deferred tax assets are realizable. The Company intends to maintain the valuation allowance on its net deferred tax assets until sufficient positive evidence exists to support reversal of some or all of the allowance. The Company&#8217;s future income tax expense (benefit) will be affected in the event changes to the valuation allowance are required.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The Company had federal net operating loss carryforwards of approximately $107.1 million as of June 30, 2017, which expire at various dates between 2023 and 2037. These net operating loss carryforwards include the effects of a favorable tax ruling determined under Section 382 by the Internal Revenue Service in March 2010 as well as federal net operating loss carryforwards available from prior acquisitions. The Company has not completed Section 382 studies for net operating losses incurred in the years subsequent to July 2007. Upon the completion of these studies, the amount of net operating losses available for utilization may be limited. Included in the net operating loss carryforward is approximately $13.1 million (pretax) of net operating loss attributable to excess stock option deductions. The related tax benefit of $4.4 million, if realized, will be recorded as additional paid-in capital. Including the net operating loss carryforwards available from prior acquisitions, the Company had California and other state net operating loss carryforwards of approximately $19.9 million and $9.8 million, respectively, which expire at various dates between fiscal 2018 and 2037. </div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">As of June 30, 2017, the Company had $17.5 million in both Federal and California tax credit carryforwards. The federal tax credit carry forwards expire at various dates between 2023 and 2037. The California tax credits may be carried forward indefinitely. </div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The Company has not provided U.S. income taxes and foreign withholding taxes on the undistributed earnings of foreign subsidiaries because it is management&#8217;s intention to permanently reinvest such undistributed earnings outside of the United States. The Company evaluates its circumstances and reassesses this determination on a periodic basis. As of June 30, 2017, the determination of the unrecorded deferred tax liability related to these earnings was not practicable. If circumstances change and it becomes apparent that some or all of the undistributed earnings of the Company's foreign subsidiaries will be remitted in the foreseeable future, the Company will be required to recognize a deferred tax liability on those amounts.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The Company maintains liabilities for uncertain tax positions. These liabilities involve considerable judgment and estimation and are continuously monitored by management based on the best information available, including changes in tax regulations, the outcome of relevant court cases, and other pertinent information. As of June 30, 2017, 2016 and 2015, the Company's total amount of unrecognized tax benefit was approximately $6.0 million, $6.3 million and $5.1 million, respectively.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The aggregate annual changes in the balance of gross unrecognized tax benefits are as follows (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="9" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 0px; font-weight: bold;">Year Ended June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px; font-weight: bold;">2017</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px; font-weight: bold;">2016</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 0px; font-weight: bold;">2015</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Beginning balance</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6,274</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">5,065</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4,165</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Decrease in tax positions for prior years</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(1,210</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(24</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Increase in tax positions for prior years</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">142</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Increase in tax positions for current year</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">841</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">1,233</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">900</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Ending balance</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">6,047</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">6,274</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">5,065</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">As of June 30, 2017, the Company's total amount of unrecognized tax benefit was approximately $6.0 million, of which, only $0.4 million, if recognized, would impact the effective tax rate. The Company does not expect its unrecognized tax benefits to change materially over the next 12 months.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">While management believes that the Company has adequately provided for all tax positions, amounts asserted by tax authorities could be greater or less than the recorded position. Accordingly, the Company&#8217;s provisions on federal, state and foreign tax-related matters to be recorded in the future may change as revised estimates are made or the underlying matters are settled or otherwise resolved.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The Company&#8217;s primary tax jurisdiction is the United States. For federal and state tax purposes, the tax years 2001 through 2015 remain open and subject to tax examination by the appropriate federal or state taxing authorities.</div></div> 961000 560000 938000 -1140000 -3913000 -1439000 302000 385000 442000 2944000 1063000 4735000 -56000 201000 211000 273000 306000 314000 1209000 785000 885000 1775000 574000 976000 <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Income and Telecom Taxes</i> &#8211; The Company utilizes the asset and liability method of accounting for income taxes. Deferred income taxes are recognized by applying enacted statutory tax rates applicable to future years to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, as well as net operating loss and tax credit carryforwards. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. The measurement of deferred tax assets is reduced, if necessary, by a valuation allowance for any tax benefit of which future realization is uncertain. The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such positions are then measured based on the largest benefit that has a greater than 50% likelihood of being realized upon settlement. Interest and penalties related to uncertain tax positions, if applicable, are recognized in the income tax provision.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">As a provider of communication services, the Company assesses whether to include the taxes and surcharges collected from customers and remitted to government authorities, including Universal Service Fund charges, sales, use, and various surcharges, in the Company&#8217;s revenues and expenses. This assessment includes whether the Company is the primary obligor or principal taxpayer for the taxes assessed in each jurisdiction where the Company does business. In jurisdictions where the Company determines that it is the principal taxpayer, the Company records the surcharges these within revenues and cost of hosted and related services in the Consolidated Statements of Operations as well as within accrued taxes and surcharges in the Consolidated Balance Sheets. In jurisdictions where the Company determines that it is merely a collection agent for the government authority, the Company does not include them in our revenues and cost of hosted and related services.</div></div> 100000 528000 272000 -795000 -701000 -1079000 2918000 -1292000 -3683000 7687000 -5127000 -1249000 -711000 -2910000 -11413000 3791000 5064000 6115000 -1216000 3101000 -2185000 4000 215000 34000 4249000 -605000 -2109000 12087000 18788000 531000 455000 469000 26000 298000 12000 <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Inventories</i> - Inventories, which consist principally of raw materials, finished goods and inventories held by distributors are stated at the lower of cost or market, with cost being determined under a standard cost method that approximates first-in, first-out. The Company accounts for excess and obsolete inventory by reducing the carrying value to the estimated market value of the inventory based upon management&#8217;s assumptions about future demand and market conditions.</div></div> 12488000 11624000 9380000 10754000 52000 57000 <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Investments</i> - The Company&#8217;s short-term investments are comprised of U.S. Government agency securities, corporate bonds and commercial paper. These investments are held in the custody of two major financial institutions. The specific identification method is used to determine the cost basis of disposed fixed income securities. At June 30, 2017 and 2016, the Company&#8217;s investments were classified as available-for-sale. These investments are recorded in the Consolidated Balance Sheets at fair value with net unrealized gains or losses reported as a separate component of accumulated other comprehensive income (loss), net of tax.</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The Company recognizes an impairment charge when a decline in the fair value of its investments is considered to be other-than-temporary. An impairment is considered other-than-temporary if (i) the Company has the intent to sell the security, (ii) it is more likely than not that the Company will be required to sell the security before recovery of its entire amortized cost basis, or (iii) the Company does not expect to recover the entire amortized cost of the security. If an impairment is considered other-than-temporary based on (i) or (ii) described above, the entire difference between the amortized cost and the fair value of the security is recognized in earnings. If an impairment is considered other-than-temporary based on condition (iii), the amount representing credit losses, defined as the difference between the present value of the cash flows expected to be collected and the amortized cost basis of the debt security, will be recognized in earnings and the amount relating to all other factors will be recognized in other comprehensive income (&#8220;OCI&#8221;). In estimating the amount and timing of cash flows expected to be collected, the Company considers all available information including past events, current conditions, the remaining payment terms of the security, the financial condition of the issuer, expected defaults, and the value of underlying collateral. The Company has determined that gross unrealized losses on short-term investments at June 30, 2017 and 2016 are temporary in nature because each investment meets our investment policy and credit quality requirements. The Company has the ability and intent to hold these investments until they recover their unrealized losses, which may not be until maturity. Evidence that we will recover our investments outweighs evidence to the contrary.</div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="h2" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">4. SHORT-TERM INVESTMENTS</div><div class="para">&#160;</div><div class="para" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The following is a summary of the Company&#8217;s short-term investments (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="12" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 0px; font-weight: bold;">June 30, 2017</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px;"><b>Amortized<br /></b><b>Cost</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px;"><b>Gross<br /></b><b>Unrealized<br /></b><b>Gains</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px;"><b>Gross<br /></b><b>Unrealized<br /></b><b>Losses</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 0px; font-weight: bold;">Fair Value</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Corporate bonds and commercial paper</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">23,213</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(27</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">23,186</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">U.S. Government agency securities</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">25,524</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(45</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">25,479</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Total short-term investments</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">48,737</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(72</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">48,665</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="12" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 0px; font-weight: bold;">June 30, 2016</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px;"><b>Amortized<br /></b><b>Cost</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px;"><b>Gross<br /></b><b>Unrealized<br /></b><b>Gains</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px;"><b>Gross<br /></b><b>Unrealized<br /></b><b>Losses</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 0px; font-weight: bold;">Fair Value</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Corporate bonds and commercial paper</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">26,359</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">9</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(5</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">26,363</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">U.S. Government agency securities</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">20,038</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">32</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">20,070</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Total short-term investments</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">46,397</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">41</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(5</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">46,433</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div><div class="para">&#160;</div><div class="para" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Tax amounts related to unrealized gains (losses) were immaterial for all periods presented.</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The following table summarizes the maturities of the Company&#8217;s short-term investments by contractual maturity (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="center" colspan="6" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 11px; padding-right: 0px; font-weight: bold;">June 30, 2017</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 18%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 11px; padding-right: 11px;"><b>Amortized<br /></b><b>Cost</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 18%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 11px; padding-right: 0px; font-weight: bold;">Fair Value</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Less than 1 year</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">43,058</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">42,993</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Due in 1 to 3 years</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">5,679</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">5,672</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">48,737</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">48,665</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="center" colspan="6" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 11px; padding-right: 0px; font-weight: bold;">June 30, 2016</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 18%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 11px; padding-right: 11px;"><b>Amortized<br /></b><b>Cost</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 18%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 11px; padding-right: 0px; font-weight: bold;">Fair Value</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Less than 1 year</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">28,107</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">28,114</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Due in 1 to 3 years</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">18,290</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">18,319</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">46,397</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">46,433</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Actual maturities may differ from the contractual maturities because borrowers may have the right to call or prepay certain obligations.</div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The following table summarizes the maturities of the Company&#8217;s short-term investments by contractual maturity (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="center" colspan="6" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 11px; padding-right: 0px; font-weight: bold;">June 30, 2017</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 18%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 11px; padding-right: 11px;"><b>Amortized<br /></b><b>Cost</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 18%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 11px; padding-right: 0px; font-weight: bold;">Fair Value</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Less than 1 year</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">43,058</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">42,993</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Due in 1 to 3 years</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">5,679</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">5,672</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">48,737</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">48,665</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="center" colspan="6" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 11px; padding-right: 0px; font-weight: bold;">June 30, 2016</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 18%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 11px; padding-right: 11px;"><b>Amortized<br /></b><b>Cost</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 18%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 11px; padding-right: 0px; font-weight: bold;">Fair Value</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Less than 1 year</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">28,107</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">28,114</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Due in 1 to 3 years</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">18,290</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">18,319</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; 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The core principle of the new guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. New disclosures about the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers are also required. From August 2015 through December 2016, the FASB issued subsequent amendments to the initial guidance within ASU 2015-14, ASU 2016-08, ASU 2016-10, ASU 2016-11, ASU 2016-12 and ASU 2016-20<i>. </i>These amendments are intended to improve and clarify the implementation guidance of Topic 606. This accounting guidance is effective for the Company in annual financial reporting periods beginning after December 15, 2017; early adoption is permitted for periods beginning after December 15, 2016. This guidance may be applied retrospectively (a) to each reporting period presented or (b) with the cumulative effect in retained earnings at the beginning of the adoption period. </div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The Company is in the process of evaluating the impact of its pending adoption of this guidance on its revenue transactions, including any impacts on associated processes, systems, and internal controls. The Company has started reviewing each of its revenue streams that may be impacted by the adoption of this guidance, including the determination whether the performance obligations will change as compared to current generally accepted accounting principles in the United States of America (&#8220;GAAP&#8221;), as well as determining the stand-alone selling price of each performance obligation. The Company is also assessing if sales commissions will need to be capitalized upon adoption of the new ASU and evaluating the proper period over which to amortize these capitalized costs. In addition, the Company is evaluating revenue recognition related to sales made to resellers and value-added distributors. 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The ASU defines net realizable value as the &#8220;estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation.&#8221; No other changes were made to the current guidance on inventory measurement. This accounting guidance is effective for the Company in annual financial reporting periods beginning after December 15, 2016. Early adoption is permitted. The Company does not expect the adoption of this accounting standard will have a material impact on its consolidated financial statements.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">In February 2016, the FASB issued ASU 2016-02, <i>Leases (Topic 842)</i>, which supersedes the lease accounting requirements in Topic 840. This ASU requires a dual approach for lessee accounting under which a lessee would account for leases as finance leases or operating leases. Both finance leases and operating leases will result in the lessee recognizing a right-of use asset and a corresponding lease liability. For finance leases, the lessee would recognize interest expense and amortization of the right-of-use asset, and for operating leases, the lessee would recognize a straight-line total lease expense. The guidance also requires qualitative and specific quantitative disclosures to supplement the amounts recorded in the financial statements so that users can understand more about the nature of an entity&#8217;s leasing activities, including significant judgments and changes in judgments. This accounting guidance is effective for the Company in annual financial reporting periods beginning after December 15, 2018. Early adoption is permitted. The Company is currently evaluating the impact that the adoption of this accounting guidance may have on its consolidated financial statements.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">In March 2016, the FASB issued ASU 2016-09, <i>Compensation-Stock Compensation (Topic 718): </i><i>Improvements to Employee Share-Based Payment Accounting,</i> which is intended to simplify several aspects of the accounting for share-based payment transactions, including certain income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. This accounting guidance is effective for the Company in annual financial reporting periods beginning after December 15, 2016. Early adoption is permitted The Company does not expect the adoption of this accounting standard will have a material impact on its consolidated financial statements.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">In June 2016, the FASB issued ASU 2016-13, <i>Financial Instruments - Credit Losses </i>(Topic 326<i>): </i><i>Measurement of Credit Losses on Financial Instruments</i>, which changes how entities will measure credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. Under the new guidance, an entity recognizes as an allowance its estimate of expected credit losses, which the FASB believes will result in more timely recognition of such losses. This accounting guidance is effective for the Company in annual financial reporting periods beginning after December 15, 2019. Early adoption is permitted in annual financial reporting periods beginning after December 15, 2018. The Company is currently evaluating the impact that the adoption of this accounting guidance may have on its consolidated financial statements.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">In August 2016, the FASB issued ASU 2016-15, <i>Statement of Cash Flows (Topic 230): Classification of </i><i>Certain Cash Receipts and Cash Payments</i>, which addresses the appropriate cash flow classification, including requirements to allocate certain components of these cash receipts and payments among operating, investing and financing activities for certain cash receipts and cash payments. The retrospective transition method, requiring adjustment to all comparative periods presented, is required unless it is impracticable for some of the amendments, in which case those amendments would be prospectively as of the earliest date practicable. This accounting guidance is effective for financial reporting periods beginning after December 15, 2017 with early adoption permitted. The Company is currently evaluating the impact that the adoption of this accounting guidance may have on its consolidated financial statements.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">In December 2016, the FASB issued ASU 2016-19, <i>Technical Corrections and Improvements</i>, which includes numerous technical corrections and clarifications to GAAP that are designed to remove inconsistencies in the board&#8217;s accounting guidance. Several provisions in this accounting guidance are effective immediately which did not have an impact on the Company&#8217;s consolidated financial statements. Additional provisions in this accounting guidance are effective for the Company in annual financial reporting periods beginning after December 15, 2016. The Company does not expect the adoption of this accounting standard will have a material impact on its consolidated financial statements.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">In January 2017, the FASB issued ASU 2017-01, <i>Business Combinations (Topic 805): Clarifying the </i><i>Definition of a Business,</i> which clarifies the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The definition of a business affects many areas of accounting including acquisitions, disposals, goodwill, and consolidation. The guidance is effective for annual financial reporting periods beginning after December 15, 2017. The Company is currently evaluating the impact that the adoption of this accounting guidance may have on its consolidated financial statements.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">In January 2017, the FASB issued ASU No. 2017-04, <i>Intangibles-Goodwill and Other (Topic 350) </i><i>Simplifying the Test for Goodwill Impairment</i>, which provides guidance to simplify the subsequent measurement of goodwill by eliminating the Step 2 procedure from the goodwill impairment test. An entity should perform its annual or interim goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An entity should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit&#8217;s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. This accounting guidance is effective for the Company in annual financial reporting periods beginning after December 15, 2019. The Company does not expect that its adoption of this guidance will have a material impact on its consolidated financial statements.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">In May 2017, the FASB issued ASU No. 2017-09, <i>Compensation-Stock Compensation (Topic 718) Scope of </i><i>Modification Accounting</i>, which amends the requirements in GAAP related to accounting for changes to the terms of share-based compensation awards. This accounting guidance is effective for the Company in annual financial reporting periods beginning after December 15, 2017 with early adoption permitted. The Company does not expect that its adoption of this guidance will have a material impact on its consolidated financial statements.</div></div> 86000 -1470000 -2097000 2001 2015 22119000 5688000 229955000 220536000 238207000 7095000 940000 5400000 5700000 5600000 19900000 107100000 9800000 4287000 -1973000 -11591000 -2135000 2499000 1610000 <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="h2" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">1. THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>The Company</i> - ShoreTel, Inc. was incorporated in California on September 17, 1996 and reincorporated in Delaware on June 22, 2007. ShoreTel, Inc. and its subsidiaries (referred herein as &#8220;the Company&#8221;) is a leading provider of brilliantly simple business communication solutions, comprised of integrated voice, video, data and mobile applications based on Internet Protocol (&#8220;IP&#8221;) technologies. The Company focuses on the small and medium sized businesses, with a Unified Communications (&#8220;UC&#8221;) platform that allows them to communicate anytime, anyplace, and through any device that they choose. The Company&#8217;s strategy is to provide customers with a flexible choice of deployment options: either operating the Company&#8217;s solution by subscribing to our cloud-based communication services, in their own onsite data centers or a hybrid combination of both. </div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">On July 26, 2017, the Company entered into a definitive Agreement and Plan of Merger (&#8220;Merger Agreement&#8221;) with Mitel US Holdings, Inc., a Delaware corporation, Shelby Acquisition Corporation, a Delaware corporation and a wholly owned subsidiary of Parent (&#8220;Merger Sub&#8221;) and, with respect to certain obligations set forth in the Merger Agreement, Mitel Networks Corporation, a Canadian corporation. See Note 18 for additional details regarding this definitive agreement.</div><div class="para">&#160;</div><div class="para" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Fiscal Year End</i> - The Company operates on a fiscal year ending June 30.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Principles of Consolidation -</i> The accompanying consolidated financial statements include the accounts of the Company&#8217;s wholly owned subsidiaries located worldwide. All transactions and balances between the parent and the subsidiaries have been eliminated in consolidation.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Use of Estimates</i> - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting period. The use of estimates is included in certain areas including revenue recognition, allowance for doubtful accounts, stock-based compensation, inventory and other assets valuation, accrued taxes and surcharges, accounting for income taxes and accounting for goodwill and purchased intangible assets. Actual results could differ from those estimates.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Concentration of Credit Risk</i> - Financial instruments, which potentially subject the Company to concentrations of credit risk, consist principally of cash and cash equivalents, short-term investments and accounts receivable. As of June 30, 2017, substantially all of the Company&#8217;s cash and cash equivalents and short-term investments were managed by multiple financial institutions. Accounts receivable are typically unsecured and are derived from revenue earned from customers. The Company performs ongoing credit evaluations of its customers and maintains allowances for potential credit losses. At June 30, 2017 and June 30, 2016 one value-added distributor accounted for 50% and 42% of the total accounts receivable, respectively.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Fair Value of Financial Instruments -</i> The carrying amounts of the Company&#8217;s financial instruments, including cash and cash equivalents, accounts receivable, accounts payable and accrued liabilities, approximate their respective fair market values due to the short maturities of these financial instruments. Refer to Note 6 to the Consolidated Financial Statements for discussion of the methods used to determine the fair value of short-term investments. Refer to Note 7 to the Consolidated Financial Statements for discussion of the methods used to determine the fair value of the line of credit.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Cash and Cash Equivalents</i> - The Company considers all highly liquid investments purchased with an original or remaining maturity of less than three months at the date of purchase to be cash equivalents. 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These investments are recorded in the Consolidated Balance Sheets at fair value with net unrealized gains or losses reported as a separate component of accumulated other comprehensive income (loss), net of tax.</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The Company recognizes an impairment charge when a decline in the fair value of its investments is considered to be other-than-temporary. An impairment is considered other-than-temporary if (i) the Company has the intent to sell the security, (ii) it is more likely than not that the Company will be required to sell the security before recovery of its entire amortized cost basis, or (iii) the Company does not expect to recover the entire amortized cost of the security. If an impairment is considered other-than-temporary based on (i) or (ii) described above, the entire difference between the amortized cost and the fair value of the security is recognized in earnings. If an impairment is considered other-than-temporary based on condition (iii), the amount representing credit losses, defined as the difference between the present value of the cash flows expected to be collected and the amortized cost basis of the debt security, will be recognized in earnings and the amount relating to all other factors will be recognized in other comprehensive income (&#8220;OCI&#8221;). In estimating the amount and timing of cash flows expected to be collected, the Company considers all available information including past events, current conditions, the remaining payment terms of the security, the financial condition of the issuer, expected defaults, and the value of underlying collateral. The Company has determined that gross unrealized losses on short-term investments at June 30, 2017 and 2016 are temporary in nature because each investment meets our investment policy and credit quality requirements. The Company has the ability and intent to hold these investments until they recover their unrealized losses, which may not be until maturity. Evidence that we will recover our investments outweighs evidence to the contrary.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Allowance for Doubtful Accounts - </i>The Company records an allowance for doubtful accounts based upon its assessment of various factors. 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padding-right: 2px;"></div></td><td align="center" colspan="9" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 0px; font-weight: bold;">June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px; font-weight: bold;">2017</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px; font-weight: bold;">2016</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 0px; font-weight: bold;">2015</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; 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margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">631</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">636</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Current period provision</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">217</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">216</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">182</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Provision related to the acquisition of a business</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">79</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Write-offs charged to allowance, net of recoveries</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(395</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(248</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(187</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Allowance for doubtful accounts - ending</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">500</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">678</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">631</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Inventories</i> - Inventories, which consist principally of raw materials, finished goods and inventories held by distributors are stated at the lower of cost or market, with cost being determined under a standard cost method that approximates first-in, first-out. The Company accounts for excess and obsolete inventory by reducing the carrying value to the estimated market value of the inventory based upon management&#8217;s assumptions about future demand and market conditions.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Property and Equipment</i> - Property and equipment are stated at cost. Depreciation is computed using the straight-line method over the estimated useful lives of the assets, which range from two to five years. Leasehold improvements are amortized over the shorter of the estimated useful lives of the asset or the lease term.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Software to be Sold, Leased or Marketed</i> - Development costs of computer software to be sold, leased, or otherwise marketed are subject to capitalization beginning when a product&#8217;s technological feasibility has been established and ending when a product is available for general release to customers. In most instances, the Company&#8217;s products are released soon after technological feasibility has been established; therefore, costs incurred subsequent to achievement of technological feasibility are usually not significant. Capitalized costs are amortized using the straight-line method over the estimated economic life of the product. The Company evaluates the realizability of the assets and the related periods of amortization on a regular basis. Judgment is required in determining when technological feasibility of a product is established as well as its economic life.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Business Combinations</i> &#8211; The Company recognizes identifiable assets acquired and liabilities assumed at their acquisition date fair values. Goodwill as of the acquisition date is measured as the excess of consideration transferred over the net of the acquisition date fair values of assets acquired and the liabilities assumed. While the Company uses its best estimates and assumptions as part of the purchase price allocation process to accurately value assets acquired and liabilities assumed at the acquisition date, the Company&#8217;s estimates are inherently uncertain and subject to refinement. As a result, during the measurement period, which may be up to one year from the acquisition date, the Company records adjustments to the assets acquired and liabilities assumed, with the corresponding offset to goodwill to the extent the Company identifies adjustments to the preliminary purchase price allocation. Upon the conclusion of the measurement period or final determination of the values of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments are recorded to the consolidated statements of operations.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Goodwill and Purchased-Intangible Assets </i>- Goodwill is tested for impairment on an annual basis on June 30th and, when specific circumstances dictate, between annual tests. When impaired, the carrying value of goodwill is written down to fair value. The Company has a single reporting unit. The goodwill impairment test involves a two-step process. The first step, identifying a potential impairment, compares the fair value of a reporting unit with its carrying amount, including goodwill. If the carrying value of the reporting unit exceeds its fair value, the second step would need to be conducted; otherwise, no further steps are necessary as no potential impairment exists. The second step, measuring the impairment loss, compares the implied fair value of the reporting unit goodwill with the carrying amount of that goodwill. Any excess of the reporting unit goodwill carrying value over the respective implied fair value is recognized as an impairment loss. There was no impairment of goodwill identified in fiscal 2017, 2016 and 2015.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Purchased-intangible assets are amortized on a straight-line basis over the periods of benefit, ranging from two to eight years. The Company performs a review of purchased-intangible assets whenever events or changes in circumstances indicate that the useful life is shorter than it had originally estimated or that the carrying amount of assets may not be recoverable. If such facts and circumstances exist, the Company assesses the recoverability of purchased-intangible assets by comparing the projected undiscounted net cash flows associated with the related asset or group of assets over their remaining lives against their respective carrying amounts. Impairments, if any, are based on the excess of the carrying amount over the fair value of those assets. If the useful life of the asset is shorter than originally estimated, the Company accelerates the rate of amortization and amortizes the remaining carrying value over the new shorter useful life. There was no impairment of purchased-intangible assets identified in fiscal 2017, 2016 and 2015.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Long-Lived Assets</i> - The Company evaluates the carrying value of long-lived assets to be held and when events or circumstances warrant such a review. The carrying value of a long-lived asset to be held and used is considered impaired when the anticipated separately identifiable undiscounted cash flows from such an asset are less than the carrying value of the asset. In that event, an impairment loss is recognized based on the amount by which the carrying value exceeds the fair value of the long-lived asset. Fair value is determined primarily using the anticipated cash flows discounted at a rate commensurate with the risk involved. There was no impairment of long-lived assets identified in fiscal 2017, 2016 and 2015.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Treasury Shares</i> - From time to time, the Company repurchases shares of its common stock, depending on market conditions, in the open market, in accordance with programs authorized by the Board of Directors. Repurchased shares are held as treasury stock until such time as they are retired or re-issued. Retirements of treasury stock are non-cash equity transactions in which the reacquired shares are returned to the status of authorized but unissued shares and the cost is recorded as a reduction to both retained earnings and treasury stock.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Revenue Recognition</i> - The Company derives its revenue from the sale of cloud-based and onsite-based Unified Communication systems and services.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">When a sales arrangement contains multiple elements, such as hardware and software products and/or services, we allocate revenue to each element based on relative selling prices. The relative selling price is determined using vendor specific objective evidence of fair value (&#8220;VSOE&#8221;) when available. When VSOE cannot be established, the Company attempts to determine the third party evidence of selling price (&#8220;TPE&#8221;) for the deliverables. TPE is determined based on competitor prices for similar deliverables when sold separately by the competitors. Generally, our product offerings differ from those of our competitors and comparable pricing of our competitors is often not available. Therefore, we are typically not able to determine TPE. When we are unable to establish selling price using VSOE or TPE, we use estimated selling prices (&#8220;ESP&#8221;) in our allocation of arrangement fees. 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Additionally, the Company offers their customers the ability to purchase phones from them directly or rent such phones as part of their service agreements. The customers are not required to purchase phones from the Company directly as they can independently purchase such equipment. Customers enter into a one to three-year service agreement whereby they are billed for such services on a monthly basis.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Monthly recurring hosted services are recognized on a straight line basis in the period when the service is delivered. 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These amounts are recognized as revenues only when the service is delivered.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The Company maintains a reserve for credits provided to customers for outages, quality issues, billing disputes or changes in the service levels that are included in the amounts that were billed in advance. The reserve for such credits is based on historical experiences and trends. The Company also maintains a reserve for amounts that are deemed as uncollectible.</div><div class="para">&#160;</div><div class="h4" style="text-align: left; font-style: italic; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Product and Support and Services Revenues:</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The sale of IP telecommunication systems includes hardware, primarily phones and voice switches, software components and may also include training, installation, professional services and post-contractual support for the products. The Company&#8217;s business strategy is centered on selling to enterprise customers through channel partners rather than directly. Channel partners include resellers as well as value-added distributors who in turn sell to the resellers. Sales to value-added distributors allow the Company to leverage its existing distribution infrastructure and sales personnel.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The typical system includes a combination of IP phones, switches and UC software applications. For sales transactions made both direct and to resellers revenue is recognized at the time of shipment provided that all the provisions of revenue recognition have been met. For sales to value-added distributors, revenue is initially deferred and is recognized at the time of sale by the distributor to their customer, provided all the provisions of revenue recognition have been met. The Company refers to this distribution approach as its two-tier distribution model and the recognition of revenue at the time of sale by the distributor as the sell through method.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The Company recognizes revenue when persuasive evidence of an arrangement exists, product has shipped or delivery has occurred (depending on when title passes), the sales price is fixed or determinable and free of contingencies and significant uncertainties, and collection is reasonably assured. The fee is considered fixed or determinable at the execution of an agreement, based on specific products and quantities to be delivered at specified prices. The agreements with reseller partners generally do not include rights of return or acceptance provisions. Even though substantially all of the contractual agreements do not provide return privileges, there are circumstances for which the Company will accept a return. The Company maintains a reserve for such returns based on historical experience with reseller partners. The agreements with the Company&#8217;s value-added distributors allow for limited rights of return of products generally purchased within the previous 90 days. In addition to such return rights, the Company generally offers price protection provisions to its distributors when there is a permanent reduction of its sales prices. In such cases, the Company is obligated to grant the distributor a credit for the difference between the changes in the aggregate price of any amounts that have been purchased but unsold by the distributor as of the effective date of such decrease. In addition, certain of the Company&#8217;s distributors stock phones and switches and purchase licenses only upon sale to a value added reseller or end customer. Revenue is deferred for distributors until the distributor sells the hardware and license to their customer which would constitute a complete configuration of our system. To the extent that the Company&#8217;s agreements contain acceptance terms, the Company recognizes revenue upon product acceptance, unless the acceptance provision is deemed to be perfunctory. Payment terms to customers generally range from net 30 to net 60 days. In the event payment terms are extended materially from the Company&#8217;s standard business practices, the fees are deemed to not be fixed or determinable and revenue is recognized when the payment becomes due. The Company assesses the ability to collect from its customers based on a number of factors, including credit worthiness and past transaction history of the customer. If the customer is not deemed credit worthy, the Company defers all revenue from the arrangement until payment is received and all other revenue recognition criteria have been met. Shipping charges billed to customers are included in product revenue and the related shipping costs are included in cost of product revenue. Provisions for return allowances are recorded at the time revenue is recognized based on the Company&#8217;s historical experience. The provision for return allowances is recorded as a reduction to revenues on the statement of operations and is included as a reduction to accounts receivable on the balance sheet.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Deferred revenue primarily consists of billings or payments received in advance of revenue recognition from the Company&#8217;s transactions and are recognized as the revenue recognition criteria are met. Nearly all of the Company&#8217;s system sales include the purchase of post-contractual support contracts with terms of up to five years, and the renewal rates on these contracts have been high historically. The Company recognizes support revenue on a ratable basis over the term of the support contract. Since the Company receives payment for support in advance of recognizing the related revenue, the Company carries a deferred revenue balance on the consolidated balance sheet.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Most of the products and services included in an onsite-based system qualify as separate units of accounting. Many of the Company&#8217;s products have both software and non-software components that function together to deliver the essential functionality of the integrated system product. The Company analyzes all of its software and non-software products and services and considers the features and functionalities of the individual elements and the stand alone sales of those individual components among other factors, to determine which elements are essential or non-essential to the overall functionality of the integrated system product. The Company recognizes revenue related to installation services and training upon delivery of the service.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The Company&#8217;s core software, which we refer to as &#8220;essential software,&#8221; is integrated with hardware and is essential to the functionality of the integrated system product. The Company also sells additional software which provides increased features and functions, but is not essential to the overall functionality of the integrated system products, which we refer to as &#8220;non-essential software.&#8221; At the initial purchase, the customer generally bundles together the hardware, essential software, non-essential software, as needed, and up to five years of post-contractual support. Thereafter, if the enterprise customer increases its end users and system functionality, it may add more hardware, both essential and non-essential software components, and related post-contractual support by purchasing them separately.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The revenue for these multiple element arrangements is allocated to the non-essential software deliverables and the non-software deliverables based on the relative selling prices of all of the deliverables in the arrangement using the hierarchy in the accounting guidance. The non-essential software deliverables included in a multiple element arrangement are subject to the industry specific software revenue recognition guidance. As the Company has not been able to obtain VSOE for all of the non-essential software deliverables in the arrangement, revenue allocated to the delivered non-essential software elements is recognized using the residual method in accordance with industry specific software revenue recognition guidance. Under the residual method, the amount of revenue recognized for the delivered non-essential software elements equaled the total allocated consideration less the VSOE of any undelivered elements bundled with such non-essential software elements.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The Company has been able to establish VSOE for its professional and post contractual support services mainly based on the volume and the pricing of the stand-alone sales for these services within a narrow range. The Company establishes its ESP for products by considering factors including, but not limited to, geographies, customer segments and pricing practices. The determination of ESP is made through consultation with and formal approval by the Company&#8217;s management. The Company regularly reviews VSOE, TPE and ESP and maintains internal controls over the establishment and updates of these estimates.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Channel Partner Programs and Incentives - </i>The Company records estimated reductions to revenues for channel partner programs and incentive offerings including special pricing agreements, promotions and other volume-based incentives. The Company also accrues for co-op marketing funds as a marketing expense if the Company receives an identifiable benefit in exchange and can reasonably estimate the fair value of the identifiable benefit received; otherwise, it is recorded as a reduction to revenues.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Warranties</i> - The majority of the Company&#8217;s products are covered by a one-year limited manufacturer&#8217;s warranty. Estimated contractual warranty obligations are recorded when related sales are recognized based on historical experience. The determination of such provision requires the Company to make estimates of product return rates and expected costs to repair or replace the product under warranty. If actual costs differ significantly from these estimates, additional amounts are recorded when such costs are probable and can be reasonably estimated. The provisions for product warranties are recorded within cost of goods sold on the statement of operations and included within accrued liabilities and other on the balance sheet and are insignificant for fiscal 2017 and 2016.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Research and Development Costs</i> &#8211; Research and development expenses primarily include personnel costs, outside engineering costs, professional services, prototype costs, test equipment, software usage fees and facilities expenses. Research and development expenses are recognized when incurred.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Income and Telecom Taxes</i> &#8211; The Company utilizes the asset and liability method of accounting for income taxes. Deferred income taxes are recognized by applying enacted statutory tax rates applicable to future years to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, as well as net operating loss and tax credit carryforwards. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. The measurement of deferred tax assets is reduced, if necessary, by a valuation allowance for any tax benefit of which future realization is uncertain. The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such positions are then measured based on the largest benefit that has a greater than 50% likelihood of being realized upon settlement. Interest and penalties related to uncertain tax positions, if applicable, are recognized in the income tax provision.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">As a provider of communication services, the Company assesses whether to include the taxes and surcharges collected from customers and remitted to government authorities, including Universal Service Fund charges, sales, use, and various surcharges, in the Company&#8217;s revenues and expenses. This assessment includes whether the Company is the primary obligor or principal taxpayer for the taxes assessed in each jurisdiction where the Company does business. In jurisdictions where the Company determines that it is the principal taxpayer, the Company records the surcharges these within revenues and cost of hosted and related services in the Consolidated Statements of Operations as well as within accrued taxes and surcharges in the Consolidated Balance Sheets. In jurisdictions where the Company determines that it is merely a collection agent for the government authority, the Company does not include them in our revenues and cost of hosted and related services.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Stock-Based Compensation</i> &#8211; The Company measures the cost of employee services received in exchange for an award of equity instruments based on the grant date fair value of the award. The Company has a stock-based employee compensation plan. Generally, stock options granted to employees vest 25% at one year and then 1/36<sup style="line-height: 1; font-size: x-small; vertical-align: text-top;">th</sup> monthly thereafter, and restricted stock units issued generally vest 25% at one, two, three and four years, and have a term of ten years.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The following table shows total stock-based compensation expense included in the accompanying Consolidated Statements of Operations for the years ended June 30, 2017, 2016 and 2015 (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="9" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 0px; font-weight: bold;">Year Ended June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px; font-weight: bold;">2017</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px; font-weight: bold;">2016</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 0px; font-weight: bold;">2015</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Cost of hosted and related services revenue</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">261</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,272</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,215</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Cost of product revenue</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">53</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">64</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">74</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Cost of support and services revenue</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">370</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">590</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">497</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Research and development</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,256</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,854</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,928</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Sales and marketing</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,909</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,569</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,391</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">General and administrative</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">3,940</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">2,522</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">2,308</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Total stock-based compensation expense</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">9,789</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">8,871</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">8,413</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Foreign Currency Translation</i> &#8211; The Company&#8217;s foreign operations are subject to exchange rate fluctuations and foreign currency transaction costs; however, the majority of sales transactions are denominated in U.S. dollars. The functional currency of the subsidiaries is the U.S. dollar. Foreign currency denominated sales, costs and expenses are recorded at the average exchange rates during the year. 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This accounting guidance was effective upon issuance in January 2017. As of January 1, 2017, the Company has adopted ASU 2017-03 and has made the required disclosures within the consolidated financial statements.</div><div class="para">&#160;</div><div class="h3" style="text-align: left; font-style: italic; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">Recent Accounting Standards or Updates Not Yet Effective</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">In May 2014, the FASB issued ASU 2014-09 <i>Revenue from Contracts with Customers (Topic 606)</i> - an accounting standard that supersedes the revenue recognition requirements in <i>Topic 605, Revenue Recognition</i>. The core principle of the new guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. New disclosures about the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers are also required. From August 2015 through December 2016, the FASB issued subsequent amendments to the initial guidance within ASU 2015-14, ASU 2016-08, ASU 2016-10, ASU 2016-11, ASU 2016-12 and ASU 2016-20<i>. </i>These amendments are intended to improve and clarify the implementation guidance of Topic 606. This accounting guidance is effective for the Company in annual financial reporting periods beginning after December 15, 2017; early adoption is permitted for periods beginning after December 15, 2016. This guidance may be applied retrospectively (a) to each reporting period presented or (b) with the cumulative effect in retained earnings at the beginning of the adoption period. </div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The Company is in the process of evaluating the impact of its pending adoption of this guidance on its revenue transactions, including any impacts on associated processes, systems, and internal controls. The Company has started reviewing each of its revenue streams that may be impacted by the adoption of this guidance, including the determination whether the performance obligations will change as compared to current generally accepted accounting principles in the United States of America (&#8220;GAAP&#8221;), as well as determining the stand-alone selling price of each performance obligation. The Company is also assessing if sales commissions will need to be capitalized upon adoption of the new ASU and evaluating the proper period over which to amortize these capitalized costs. In addition, the Company is evaluating revenue recognition related to sales made to resellers and value-added distributors. The Company continues to evaluate the impact of this guidance on its consolidated financial statements and any preliminary assessments are subject to change.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">In July 2015, the FASB issued ASU 2015-11, <i>Inventory (Topic 330):</i><i>Simplifying the Measurement of </i><i>Inventory</i>. Under this ASU, inventory will be measured at the &#8220;lower of cost and net realizable value&#8221; and options that currently exist for &#8220;market value&#8221; will be eliminated. The ASU defines net realizable value as the &#8220;estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation.&#8221; No other changes were made to the current guidance on inventory measurement. This accounting guidance is effective for the Company in annual financial reporting periods beginning after December 15, 2016. Early adoption is permitted. The Company does not expect the adoption of this accounting standard will have a material impact on its consolidated financial statements.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">In February 2016, the FASB issued ASU 2016-02, <i>Leases (Topic 842)</i>, which supersedes the lease accounting requirements in Topic 840. This ASU requires a dual approach for lessee accounting under which a lessee would account for leases as finance leases or operating leases. Both finance leases and operating leases will result in the lessee recognizing a right-of use asset and a corresponding lease liability. For finance leases, the lessee would recognize interest expense and amortization of the right-of-use asset, and for operating leases, the lessee would recognize a straight-line total lease expense. The guidance also requires qualitative and specific quantitative disclosures to supplement the amounts recorded in the financial statements so that users can understand more about the nature of an entity&#8217;s leasing activities, including significant judgments and changes in judgments. This accounting guidance is effective for the Company in annual financial reporting periods beginning after December 15, 2018. Early adoption is permitted. The Company is currently evaluating the impact that the adoption of this accounting guidance may have on its consolidated financial statements.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">In March 2016, the FASB issued ASU 2016-09, <i>Compensation-Stock Compensation (Topic 718): </i><i>Improvements to Employee Share-Based Payment Accounting,</i> which is intended to simplify several aspects of the accounting for share-based payment transactions, including certain income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. This accounting guidance is effective for the Company in annual financial reporting periods beginning after December 15, 2016. Early adoption is permitted The Company does not expect the adoption of this accounting standard will have a material impact on its consolidated financial statements.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">In June 2016, the FASB issued ASU 2016-13, <i>Financial Instruments - Credit Losses </i>(Topic 326<i>): </i><i>Measurement of Credit Losses on Financial Instruments</i>, which changes how entities will measure credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. Under the new guidance, an entity recognizes as an allowance its estimate of expected credit losses, which the FASB believes will result in more timely recognition of such losses. This accounting guidance is effective for the Company in annual financial reporting periods beginning after December 15, 2019. Early adoption is permitted in annual financial reporting periods beginning after December 15, 2018. The Company is currently evaluating the impact that the adoption of this accounting guidance may have on its consolidated financial statements.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">In August 2016, the FASB issued ASU 2016-15, <i>Statement of Cash Flows (Topic 230): Classification of </i><i>Certain Cash Receipts and Cash Payments</i>, which addresses the appropriate cash flow classification, including requirements to allocate certain components of these cash receipts and payments among operating, investing and financing activities for certain cash receipts and cash payments. The retrospective transition method, requiring adjustment to all comparative periods presented, is required unless it is impracticable for some of the amendments, in which case those amendments would be prospectively as of the earliest date practicable. This accounting guidance is effective for financial reporting periods beginning after December 15, 2017 with early adoption permitted. The Company is currently evaluating the impact that the adoption of this accounting guidance may have on its consolidated financial statements.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">In December 2016, the FASB issued ASU 2016-19, <i>Technical Corrections and Improvements</i>, which includes numerous technical corrections and clarifications to GAAP that are designed to remove inconsistencies in the board&#8217;s accounting guidance. Several provisions in this accounting guidance are effective immediately which did not have an impact on the Company&#8217;s consolidated financial statements. Additional provisions in this accounting guidance are effective for the Company in annual financial reporting periods beginning after December 15, 2016. The Company does not expect the adoption of this accounting standard will have a material impact on its consolidated financial statements.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">In January 2017, the FASB issued ASU 2017-01, <i>Business Combinations (Topic 805): Clarifying the </i><i>Definition of a Business,</i> which clarifies the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The definition of a business affects many areas of accounting including acquisitions, disposals, goodwill, and consolidation. The guidance is effective for annual financial reporting periods beginning after December 15, 2017. The Company is currently evaluating the impact that the adoption of this accounting guidance may have on its consolidated financial statements.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">In January 2017, the FASB issued ASU No. 2017-04, <i>Intangibles-Goodwill and Other (Topic 350) </i><i>Simplifying the Test for Goodwill Impairment</i>, which provides guidance to simplify the subsequent measurement of goodwill by eliminating the Step 2 procedure from the goodwill impairment test. An entity should perform its annual or interim goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An entity should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit&#8217;s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. This accounting guidance is effective for the Company in annual financial reporting periods beginning after December 15, 2019. The Company does not expect that its adoption of this guidance will have a material impact on its consolidated financial statements.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">In May 2017, the FASB issued ASU No. 2017-09, <i>Compensation-Stock Compensation (Topic 718) Scope of </i><i>Modification Accounting</i>, which amends the requirements in GAAP related to accounting for changes to the terms of share-based compensation awards. This accounting guidance is effective for the Company in annual financial reporting periods beginning after December 15, 2017 with early adoption permitted. The Company does not expect that its adoption of this guidance will have a material impact on its consolidated financial statements.</div></div> 6926000 5581000 -108000 3000 32000 -108000 32000 3000 -939000 541000 -1628000 4492000 3733000 32000 3000 -108000 1543000 1280000 1226000 12176000 48210000 31994000 0 626000 0 567000 0 1692000 14322000 0 0 819000 0 2298000 10937000 10834000 11393000 0 0 5000000 5000000 0.001 0.001 0 0 0 0 13420000 13019000 9673000 5757000 29280000 0 1074000 0 10589000 9294000 6067000 P2Y P5Y <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Property and Equipment</i> - Property and equipment are stated at cost. Depreciation is computed using the straight-line method over the estimated useful lives of the assets, which range from two to five years. Leasehold improvements are amortized over the shorter of the estimated useful lives of the asset or the lease term.</div></div> 19066000 21551000 1228000 17764000 1302000 20323000 8836000 80645000 3676000 7932000 3880000 7328000 17194000 35872000 70977000 33739000 9643000 23522000 217000 216000 182000 15300000 15400000 <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="h2" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">17. QUARTERLY FINANCIAL DATA (Unaudited)</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The following table summarizes the Company&#8217;s information on total revenue, gross profit, net income (loss) and earnings per share by quarter for the fiscal years ended June 30, 2017 and 2016. This data was derived from the Company&#8217;s unaudited consolidated financial statements.</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 4px;"></div></td><td align="center" colspan="24" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 4px; padding-right: 0px; font-weight: bold;">Three Months Ended</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 4px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 9%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 4px; padding-right: 4px;"><b>Jun. 30,<br /></b><b>2017</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 9%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 4px; padding-right: 4px;"><b>Mar. 31,<br /></b><b>2017</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 9%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 4px; padding-right: 4px;"><b>Dec. 31,<br /></b><b>2016</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 9%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 4px; padding-right: 4px;"><b>Sept. 30,<br /></b><b>2016</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; 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margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 4px; padding-right: 4px;"><b>Dec. 31,<br /></b><b>2015</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 9%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 4px; padding-right: 0px;"><b>Sept. 30,<br /></b><b>2015</b></div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 4px;"></div></td><td align="center" colspan="24" valign="bottom" style="text-align: center; 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padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">87,730</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">88,034</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">86,274</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">94,592</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">85,236</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">90,431</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">90,025</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 4px;">Gross profit</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">60,567</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">56,222</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">55,504</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">54,323</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">59,487</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">52,436</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">57,885</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">58,012</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 4px;">Net income (loss)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(956</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(2,940</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(2,916</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(5,631</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(744</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(8,707</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,545</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,114</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: -10px; padding-left: 10px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 4px;">Basic net income (loss) per common share</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(0.01</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(0.04</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(0.04</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(0.08</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(0.01</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(0.13</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">0.04</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">0.03</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: -10px; padding-left: 10px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 4px;">Diluted net income (loss) per common share</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(0.01</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(0.04</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(0.04</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(0.08</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(0.01</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(0.13</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">0.04</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">0.03</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr></table></div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Allowance for Doubtful Accounts - </i>The Company records an allowance for doubtful accounts based upon its assessment of various factors. The Company considers historical experience, the age of the accounts receivable balances, the credit quality of its customers, current economic conditions and other factors that may affect customers&#8217; ability to pay to determine the level of allowance required.</div><div class="para">&#160;</div><div class="para" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The change in allowance for doubtful accounts is summarized as follows (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="9" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 0px; font-weight: bold;">June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px; font-weight: bold;">2017</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px; font-weight: bold;">2016</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 0px; font-weight: bold;">2015</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Allowance for doubtful accounts - beginning</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">678</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">631</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">636</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Current period provision</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">217</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">216</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">182</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Provision related to the acquisition of a business</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">79</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Write-offs charged to allowance, net of recoveries</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(395</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(248</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(187</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Allowance for doubtful accounts - ending</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">500</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">678</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">631</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div></div> 18000 319000 393000 67068000 53352000 60509000 <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Research and Development Costs</i> &#8211; Research and development expenses primarily include personnel costs, outside engineering costs, professional services, prototype costs, test equipment, software usage fees and facilities expenses. Research and development expenses are recognized when incurred.</div></div> -188802000 -176359000 <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Revenue Recognition</i> - The Company derives its revenue from the sale of cloud-based and onsite-based Unified Communication systems and services.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">When a sales arrangement contains multiple elements, such as hardware and software products and/or services, we allocate revenue to each element based on relative selling prices. The relative selling price is determined using vendor specific objective evidence of fair value (&#8220;VSOE&#8221;) when available. When VSOE cannot be established, the Company attempts to determine the third party evidence of selling price (&#8220;TPE&#8221;) for the deliverables. TPE is determined based on competitor prices for similar deliverables when sold separately by the competitors. Generally, our product offerings differ from those of our competitors and comparable pricing of our competitors is often not available. Therefore, we are typically not able to determine TPE. When we are unable to establish selling price using VSOE or TPE, we use estimated selling prices (&#8220;ESP&#8221;) in our allocation of arrangement fees. The ESP for a deliverable is determined as the price at which we would transact if the products or services were sold on a stand-alone basis.</div><div class="h4" style="text-align: left; font-style: italic; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">&#160;</div><div class="h4" style="text-align: left; font-style: italic; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Hosted and Related Services Revenues:</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The Company&#8217;s hosted and related services and solutions consist primarily of our proprietary hosted voice over Internet Protocol (&#8220;VoIP&#8221;) UC system as well as other services such as foreign and domestic calling plans, certain UC applications, internet service provisioning, training and other professional services. Additionally, the Company offers their customers the ability to purchase phones from them directly or rent such phones as part of their service agreements. The customers are not required to purchase phones from the Company directly as they can independently purchase such equipment. Customers enter into a one to three-year service agreement whereby they are billed for such services on a monthly basis.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Monthly recurring hosted services are recognized on a straight line basis in the period when the service is delivered. The installation fees are recognized on a straight-line basis over the estimated customer life.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The Company bills most of the monthly recurring hosted service revenue a month in advance. Any amounts billed and collected, but for which the service is not yet delivered, are included in deferred revenue. These amounts are recognized as revenues only when the service is delivered.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The Company maintains a reserve for credits provided to customers for outages, quality issues, billing disputes or changes in the service levels that are included in the amounts that were billed in advance. The reserve for such credits is based on historical experiences and trends. The Company also maintains a reserve for amounts that are deemed as uncollectible.</div><div class="para">&#160;</div><div class="h4" style="text-align: left; font-style: italic; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Product and Support and Services Revenues:</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The sale of IP telecommunication systems includes hardware, primarily phones and voice switches, software components and may also include training, installation, professional services and post-contractual support for the products. The Company&#8217;s business strategy is centered on selling to enterprise customers through channel partners rather than directly. Channel partners include resellers as well as value-added distributors who in turn sell to the resellers. Sales to value-added distributors allow the Company to leverage its existing distribution infrastructure and sales personnel.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The typical system includes a combination of IP phones, switches and UC software applications. For sales transactions made both direct and to resellers revenue is recognized at the time of shipment provided that all the provisions of revenue recognition have been met. For sales to value-added distributors, revenue is initially deferred and is recognized at the time of sale by the distributor to their customer, provided all the provisions of revenue recognition have been met. The Company refers to this distribution approach as its two-tier distribution model and the recognition of revenue at the time of sale by the distributor as the sell through method.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The Company recognizes revenue when persuasive evidence of an arrangement exists, product has shipped or delivery has occurred (depending on when title passes), the sales price is fixed or determinable and free of contingencies and significant uncertainties, and collection is reasonably assured. The fee is considered fixed or determinable at the execution of an agreement, based on specific products and quantities to be delivered at specified prices. The agreements with reseller partners generally do not include rights of return or acceptance provisions. Even though substantially all of the contractual agreements do not provide return privileges, there are circumstances for which the Company will accept a return. The Company maintains a reserve for such returns based on historical experience with reseller partners. The agreements with the Company&#8217;s value-added distributors allow for limited rights of return of products generally purchased within the previous 90 days. In addition to such return rights, the Company generally offers price protection provisions to its distributors when there is a permanent reduction of its sales prices. In such cases, the Company is obligated to grant the distributor a credit for the difference between the changes in the aggregate price of any amounts that have been purchased but unsold by the distributor as of the effective date of such decrease. In addition, certain of the Company&#8217;s distributors stock phones and switches and purchase licenses only upon sale to a value added reseller or end customer. Revenue is deferred for distributors until the distributor sells the hardware and license to their customer which would constitute a complete configuration of our system. To the extent that the Company&#8217;s agreements contain acceptance terms, the Company recognizes revenue upon product acceptance, unless the acceptance provision is deemed to be perfunctory. Payment terms to customers generally range from net 30 to net 60 days. In the event payment terms are extended materially from the Company&#8217;s standard business practices, the fees are deemed to not be fixed or determinable and revenue is recognized when the payment becomes due. The Company assesses the ability to collect from its customers based on a number of factors, including credit worthiness and past transaction history of the customer. If the customer is not deemed credit worthy, the Company defers all revenue from the arrangement until payment is received and all other revenue recognition criteria have been met. Shipping charges billed to customers are included in product revenue and the related shipping costs are included in cost of product revenue. Provisions for return allowances are recorded at the time revenue is recognized based on the Company&#8217;s historical experience. The provision for return allowances is recorded as a reduction to revenues on the statement of operations and is included as a reduction to accounts receivable on the balance sheet.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Deferred revenue primarily consists of billings or payments received in advance of revenue recognition from the Company&#8217;s transactions and are recognized as the revenue recognition criteria are met. Nearly all of the Company&#8217;s system sales include the purchase of post-contractual support contracts with terms of up to five years, and the renewal rates on these contracts have been high historically. The Company recognizes support revenue on a ratable basis over the term of the support contract. Since the Company receives payment for support in advance of recognizing the related revenue, the Company carries a deferred revenue balance on the consolidated balance sheet.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Most of the products and services included in an onsite-based system qualify as separate units of accounting. Many of the Company&#8217;s products have both software and non-software components that function together to deliver the essential functionality of the integrated system product. The Company analyzes all of its software and non-software products and services and considers the features and functionalities of the individual elements and the stand alone sales of those individual components among other factors, to determine which elements are essential or non-essential to the overall functionality of the integrated system product. The Company recognizes revenue related to installation services and training upon delivery of the service.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The Company&#8217;s core software, which we refer to as &#8220;essential software,&#8221; is integrated with hardware and is essential to the functionality of the integrated system product. The Company also sells additional software which provides increased features and functions, but is not essential to the overall functionality of the integrated system products, which we refer to as &#8220;non-essential software.&#8221; At the initial purchase, the customer generally bundles together the hardware, essential software, non-essential software, as needed, and up to five years of post-contractual support. Thereafter, if the enterprise customer increases its end users and system functionality, it may add more hardware, both essential and non-essential software components, and related post-contractual support by purchasing them separately.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The revenue for these multiple element arrangements is allocated to the non-essential software deliverables and the non-software deliverables based on the relative selling prices of all of the deliverables in the arrangement using the hierarchy in the accounting guidance. The non-essential software deliverables included in a multiple element arrangement are subject to the industry specific software revenue recognition guidance. As the Company has not been able to obtain VSOE for all of the non-essential software deliverables in the arrangement, revenue allocated to the delivered non-essential software elements is recognized using the residual method in accordance with industry specific software revenue recognition guidance. Under the residual method, the amount of revenue recognized for the delivered non-essential software elements equaled the total allocated consideration less the VSOE of any undelivered elements bundled with such non-essential software elements.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The Company has been able to establish VSOE for its professional and post contractual support services mainly based on the volume and the pricing of the stand-alone sales for these services within a narrow range. The Company establishes its ESP for products by considering factors including, but not limited to, geographies, customer segments and pricing practices. The determination of ESP is made through consultation with and formal approval by the Company&#8217;s management. The Company regularly reviews VSOE, TPE and ESP and maintains internal controls over the establishment and updates of these estimates.</div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Channel Partner Programs and Incentives - </i>The Company records estimated reductions to revenues for channel partner programs and incentive offerings including special pricing agreements, promotions and other volume-based incentives. The Company also accrues for co-op marketing funds as a marketing expense if the Company receives an identifiable benefit in exchange and can reasonably estimate the fair value of the identifiable benefit received; otherwise, it is recorded as a reduction to revenues.</div></div> 2434000 P6Y3M P4Y2M26D P5Y8M23D P5Y8M5D P9Y2M12D P9Y1M17D P6Y6M14D P8Y1M6D P4Y8M8D P5Y1M6D P7Y1M6D P7Y6M11D 0 4.03 6.35 0 4.79 6.03 7.70 9.03 4.31 6.81 7.36 0.85 P10Y P10Y P10Y P10Y P6Y6M14D P5Y3M29D P5Y1M17D P5Y2M1D P5Y0M14D P5Y1M2D P5Y1M24D P5Y1M2D P0Y6M P0Y6M P0Y6M P0Y3M29D 6.28 6.87 8.04 4.03 8.03 6.61 4.31 4.79 9.04 7.77 7.36 0.25 0.75 0.25 0.25 0.25 0.25 <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The estimated future amortization expenses for intangible assets, excluding intangible assets in process and other, for the next five years and thereafter are as follows (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: #000000 1pt solid; padding-left: 0px; padding-right: 19px; font-weight: bold;">Years Ending June 30,</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 20%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 19px; padding-right: 0px;"></div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 19px;">2018</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">5,683</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 19px;">2019</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4,180</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 19px;">2020</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,437</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 19px;">2021</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">647</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 19px;">2022</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">140</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 19px;">Thereafter </div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 19px;">Total </div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">12,087</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div></div> 357759000 359670000 360284000 29352000 29443000 29269000 330318000 330841000 328490000 90025000 88034000 90431000 94592000 95721000 87730000 86274000 85236000 75382000 73017000 76343000 158232000 181272000 131174000 <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The following table presents the gross notional value of all our foreign exchange forward contracts outstanding as of June 30, 2017 and 2016 (in thousands).</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;"></div></td><td align="center" colspan="6" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 7px; padding-right: 0px; font-weight: bold;">June 30, 2017</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 15%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 7px; padding-right: 7px;"><b>Local </b><b>Currency<br /></b><b>Amount</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 15%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 7px; padding-right: 0px;"><b>Notional<br /></b><b>Contract<br /></b><b>Amount </b><b>(USD)</b></div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Australian dollar</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,870</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,177</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">British pound</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#163;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,250</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,904</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Canadian dollar</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">860</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">657</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Euro</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8364;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,010</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">1,143</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Total</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">6,881</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div><div>&#160;</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;"></div></td><td align="center" colspan="6" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 7px; padding-right: 0px; font-weight: bold;">June 30, 2016</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 15%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 7px; padding-right: 7px;"><b>Local </b><b>Currency<br /></b><b>Amount</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 15%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 7px; padding-right: 0px;"><b>Notional<br /></b><b>Contract<br /></b><b>Amount </b><b>(USD)</b></div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Australian dollar</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,800</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,316</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">British pound</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#163;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">830</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,088</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Canadian dollar</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">940</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">718</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Euro</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8364;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,500</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">1,650</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Total</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">4,772</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The provision for income taxes consists of the following (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="9" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 0px; font-weight: bold;">Year Ended June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px; font-weight: bold;">2017</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px; font-weight: bold;">2016</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; 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margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Federal</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(129</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">159</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">State</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">272</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">100</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">528</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Foreign</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">757</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">685</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">299</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 26px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Total current income tax</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">1,030</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">656</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">986</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Deferred:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Federal</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">34</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">17</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">State</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">5</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Foreign</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(131</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(115</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(25</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 26px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Total deferred income tax</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(92</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(96</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(25</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Provision for income taxes</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">938</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">560</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">961</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Significant components of deferred tax assets consist of the following (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;"></div></td><td align="center" colspan="6" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 7px; padding-right: 0px; font-weight: bold;">June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 15%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 7px; padding-right: 7px; font-weight: bold;">2017</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 15%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 7px; padding-right: 0px; font-weight: bold;">2016</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px; font-weight: bold;">Deferred Tax Assets<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Net operating loss carryforwards</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">32,598</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">29,015</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Tax credit carryforwards</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">24,116</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">20,659</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Stock compensation</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">5,782</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">11,295</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Deferred revenue</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">3,337</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">3,330</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Other</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">6,866</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">6,955</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Gross deferred tax assets</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">72,699</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">71,254</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Valuation allowance</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(72,158</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(69,413</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Total deferred tax assets</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">541</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">1,841</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px; font-weight: bold;">Deferred Tax Liabilities<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Acquistion intangibles</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(312</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(1,927</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Total deferred tax liabilities</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(312</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(1,927</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Total net deferred tax assets (liabilities)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">229</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(86</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td></tr></table></div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The following table summarizes the Company&#8217;s stock option activities for the fiscal year ended June 30, 2017 (in thousands, except per share amounts):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px;"><b>Shares<br /></b><b>Subject to<br /></b><b>Options<br /></b><b>Outstanding</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px;"><b>Weighted-<br /></b><b>Average<br /></b><b>Exercise<br /></b><b>Price</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px;"><b>Weighted-<br /></b><b>Average<br /></b><b>Remaining<br /></b><b>Contractual<br /></b><b>Term<br /></b><b>(In years)</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 0px;"><b>Aggregate<br /></b><b>Intrinsic<br /></b><b>Value</b></div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Balance at July 1, 2016</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6,268</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.31</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Options granted</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,503</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7.91</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Options exercised</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(488</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4.95</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Options cancelled/forfeited</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(741</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7.86</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Balance at June 30, 2017</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">6,542</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.61</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.54</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,480</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Vested and expected to vest at June 30, 2017</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">5,747</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.47</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.25</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,479</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Options exercisable at June 30, 2017</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">4,043</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.03</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">5.33</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,434</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr></table></div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Revenue by geographic region is based on the ship to address on the customer order. The following presents total revenue by geographic region (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 8px;"></div></td><td align="center" colspan="9" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 8px; padding-right: 0px; font-weight: bold;">Year Ended June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 8px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 16%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 8px; padding-right: 8px; font-weight: bold;">2017</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 16%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 8px; padding-right: 8px; font-weight: bold;">2016</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 16%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 8px; padding-right: 0px; font-weight: bold;">2015</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 8px;">United States of America</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 13%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">328,490</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 13%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">330,841</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 13%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">330,318</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 8px;">International</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 13%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">29,269</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 13%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">29,443</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 13%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">29,352</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 8px;">Total</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 13%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">357,759</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 13%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">360,284</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 13%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">359,670</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The following presents a summary by geographic region of long-lived assets, excluding deferred tax assets, other assets, and intangible assets (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;"></div></td><td align="center" colspan="6" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 7px; padding-right: 0px; font-weight: bold;">As at June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 15%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 7px; padding-right: 7px; font-weight: bold;">2017</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 15%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 7px; padding-right: 0px; font-weight: bold;">2016</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">United States of America</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">17,764</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">20,323</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">International</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">1,302</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">1,228</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Total</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">19,066</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;"><u>$</u></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">21,551</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The components of loss before income taxes consist of the following (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="9" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 0px; font-weight: bold;">Year Ended June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px; font-weight: bold;">2017</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px; font-weight: bold;">2016</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 0px; font-weight: bold;">2015</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Domestic</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(12,842</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(5,375</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(4,416</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Foreign</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">1,337</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">1,143</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">973</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Total</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(11,505</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(4,232</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(3,443</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td></tr></table></div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div>The fair value of each option is estimated on the date of grant using the Black-Scholes option valuation method, with the following assumptions:</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 10px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 10px; padding-right: 0px; font-weight: bold;">Year Ended June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 10px;"></div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 17%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 10px; padding-right: 10px; font-weight: bold;">2017</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 17%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 10px; padding-right: 10px; font-weight: bold;">2016</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 17%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 10px; padding-right: 0px; font-weight: bold;">2015</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 10px;">Expected life from grant date of option</div></td><td valign="bottom" style="text-align: justify; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">5.15-5.17 years</div></td><td valign="bottom" style="text-align: justify; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">5.09-5.13 years</div></td><td valign="bottom" style="text-align: justify; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 0px;">5.04-5.09 years</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 10px;">Risk-free interest rate</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">1.13-1.94%</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">1.24-1.59%</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 0px;">1.45-1.70%</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 10px;">Expected volatility</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">39-45%</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">46-48%</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 0px;">49-50%</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 10px;">Expected dividend yield</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">0%</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">0%</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 0px;">0%</div></td></tr></table></div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The fair value of stock purchase rights granted under the ESPP is estimated using the Black-Scholes option pricing model, based on the following assumptions:</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 10px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 10px; padding-right: 0px; font-weight: bold;">Year Ended June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 10px;"></div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 17%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 10px; padding-right: 10px; font-weight: bold;">2017</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 17%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 10px; padding-right: 10px; font-weight: bold;">2016</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 17%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 10px; padding-right: 0px; font-weight: bold;">2015</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 10px;">Expected life from grant date of ESPP</div></td><td valign="bottom" style="text-align: justify; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">0.33-0.50 years</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">0.50 years</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 0px;">0.50 years</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 10px;">Risk-free interest rate</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">0.40-1.08%</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">0.14-0.41%</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 0px;">0.06-0.09%</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 10px;">Expected volatility</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">32-37%</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">29-37%</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 0px;">35-43%</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 41%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 10px;">Expected dividend yield</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">0%</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 10px;">0%</div></td><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 10px; padding-right: 0px;">0%</div></td></tr></table></div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Restricted stock award and restricted stock unit activity for the year ended June 30, 2017 is as follows (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 18%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 11px; padding-right: 11px; font-weight: bold;">Shares</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 18%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 11px; padding-right: 0px;"><b>Weighted-<br /></b><b>Average<br /></b><b>Grant Date<br /></b><b>Fair Value</b></div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Outstanding - July 1, 2016</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,927</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.99</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Awarded</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,302</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7.73</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Released</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(629</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.83</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Forfeited</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(398</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7.40</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Outstanding - June 30, 2017</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">2,202</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7.39</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr></table></div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The aggregate annual changes in the balance of gross unrecognized tax benefits are as follows (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="9" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 0px; font-weight: bold;">Year Ended June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px; font-weight: bold;">2017</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px; font-weight: bold;">2016</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 0px; font-weight: bold;">2015</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Beginning balance</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6,274</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">5,065</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4,165</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Decrease in tax positions for prior years</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(1,210</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(24</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Increase in tax positions for prior years</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">142</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Increase in tax positions for current year</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">841</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">1,233</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">900</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Ending balance</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">6,047</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">6,274</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">5,065</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The following table is a reconciliation of the numerators and denominators used in computing basic and diluted net loss per common share (in thousands other than per share amounts):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="9" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 0px; font-weight: bold;">Year Ended June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px; font-weight: bold;">2017</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px; font-weight: bold;">2016</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 0px; font-weight: bold;">2015</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px; font-weight: bold;">Numerator:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Net loss</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(12,443</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(4,792</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(4,404</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px; font-weight: bold;">Denominator:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: -13px; padding-left: 26px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Weighted average common shares outstanding (basic and diluted)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">68,100</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">66,405</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">63,953</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Net loss per share<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Basic and diluted</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(0.18</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(0.07</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(0.07</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td></tr></table></div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The tables below set forth the Company&#8217;s financial instruments and liabilities measured at fair value on a recurring basis (in thousands): </div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="12" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 0px; font-weight: bold;">June 30, 2017</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px; font-weight: bold;">Fair Value</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px; font-weight: bold;">Level 1</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; 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color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px; font-weight: bold;">Assets:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Cash and cash equivalents:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Money market funds</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,485</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,485</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Short-term investments:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Corporate notes and commercial paper</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">23,186</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">23,186</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">U.S. Government agency securities</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">25,479</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">25,479</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Total assets measured and recorded at fair value</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">50,150</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">1,485</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">48,665</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div><div class="para">&#160;</div><div class="para" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The above table excludes $65.7 million of cash balances on deposit at banks.</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="12" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 0px; font-weight: bold;">June 30, 2016</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px; font-weight: bold;">Fair Value</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px; font-weight: bold;">Level 1</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; 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color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px; font-weight: bold;">Assets:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Cash and cash equivalents:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Money market funds</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">3,533</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">3,533</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Short-term investments:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Corporate notes and commercial paper</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">26,363</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">26,363</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">U.S. Government agency securities</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">20,070</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">20,070</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Total assets measured and recorded at fair value</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">49,966</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">3,533</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">46,433</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The total purchase price was allocated to M5 Australia&#8217;s net tangible and identifiable intangible assets based on their estimated fair values as of November 16, 2015 as set forth below. The following is the purchase price allocation (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 18%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 11px; padding-right: 11px;"><b>(In </b><b>thousands)</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 18%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 11px; padding-right: 0px;"><b>Estimated </b><b>Useful Lives<br /></b><b>(In years)</b></div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Cash acquired</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">224</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Other current assets</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">386</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Intangible assets:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Customer relationships</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,300</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">5</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Goodwill</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">5,210</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Other long-term assets</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">164</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Other liabilities assumed</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(1,174</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">6,110</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr></table></div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The total purchase price was allocated to Corvisa&#8217;s net tangible and identifiable intangible assets based on their estimated fair values as of January 6, 2016 as set forth below. The following is the purchase price allocation (in thousands): </div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 18%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 11px; padding-right: 11px;"><b>(In </b><b>thousands)</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 18%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 11px; padding-right: 0px;"><b>Estimated </b><b>Useful Lives<br /></b><b>(In years)</b></div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Cash acquired</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">227</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Other current assets</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">933</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Intangible assets:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Existing technology</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">3,400</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">5</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Customer relationships</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">100</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">3</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Favorable leases</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">178</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Goodwill</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,489</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Other long-term assets</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">3,301</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Other liabilities assumed</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(966</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">8,662</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr></table></div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The following table summarizes the Company&#8217;s information on total revenue, gross profit, net income (loss) and earnings per share by quarter for the fiscal years ended June 30, 2017 and 2016. This data was derived from the Company&#8217;s unaudited consolidated financial statements.</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 4px;"></div></td><td align="center" colspan="24" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 4px; padding-right: 0px; font-weight: bold;">Three Months Ended</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 4px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 9%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 4px; padding-right: 4px;"><b>Jun. 30,<br /></b><b>2017</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 9%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 4px; padding-right: 4px;"><b>Mar. 31,<br /></b><b>2017</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 9%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 4px; padding-right: 4px;"><b>Dec. 31,<br /></b><b>2016</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 9%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 4px; padding-right: 4px;"><b>Sept. 30,<br /></b><b>2016</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 9%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 4px; padding-right: 4px;"><b>Jun. 30,<br /></b><b>2016</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 9%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 4px; padding-right: 4px;"><b>Mar. 31,<br /></b><b>2016</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 9%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 4px; padding-right: 4px;"><b>Dec. 31,<br /></b><b>2015</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 9%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 4px; padding-right: 0px;"><b>Sept. 30,<br /></b><b>2015</b></div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 4px;"></div></td><td align="center" colspan="24" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 4px; padding-right: 0px; font-weight: bold;">(In thousands, except per share amounts)</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 4px;">Total revenue</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">95,721</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">87,730</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">88,034</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">86,274</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">94,592</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">85,236</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">90,431</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">90,025</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 4px;">Gross profit</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">60,567</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">56,222</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">55,504</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">54,323</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">59,487</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">52,436</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">57,885</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">58,012</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 4px;">Net income (loss)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(956</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(2,940</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(2,916</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(5,631</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(744</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(8,707</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,545</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,114</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: -10px; padding-left: 10px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 4px;">Basic net income (loss) per common share</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(0.01</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(0.04</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(0.04</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(0.08</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(0.01</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(0.13</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">0.04</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">0.03</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: -10px; padding-left: 10px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 4px;">Diluted net income (loss) per common share</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(0.01</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(0.04</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(0.04</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(0.08</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(0.01</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(0.13</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">0.04</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 6%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">0.03</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr></table></div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The following is a summary of the Company&#8217;s intangible assets (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="9" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px; font-weight: bold;">June 30, 2017</div></td><td align="center" colspan="9" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 0px; font-weight: bold;">June 30, 2016</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px;"><b>Gross </b><b>Carrying </b><b>&#8206;Amount</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px;"><b>Accumulated&#8206; </b><b>Amortization</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px;"><b>Net Carrying&#8206; </b><b>Amount</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px;"><b>Gross </b><b>Carrying </b><b>&#8206;Amount</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px;"><b>Accumulated&#8206; </b><b>Amortization</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 0px;"><b>Net Carrying&#8206; </b><b>Amount</b></div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Patents</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">5,296</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(4,140</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,156</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4,446</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(3,919</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">527</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Technology</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">31,434</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(27,243</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4,191</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">31,434</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(23,523</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7,911</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Customer relationships</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">24,700</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(18,093</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6,607</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">24,700</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(14,513</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">10,187</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Other</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">178</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(45</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">133</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">178</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(15</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">163</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Intangible assets</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">61,608</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(49,521</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">12,087</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">60,758</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">(41,970</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">18,788</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div>Future minimum lease payments under the noncancelable operating leases as of June 30, 2017, are as follows (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: #000000 1pt solid; padding-left: 0px; padding-right: 18px; font-weight: bold;">Years Ending June 30,</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 20%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: #000000 1pt solid; padding-left: 18px; padding-right: 0px;"><b>Operating<br /></b><b>Leases</b></div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 18px;">2018</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7,095</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 18px;">2019</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">5,688</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 18px;">2020</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4,287</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 18px;">2021</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,499</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 18px;">2022</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,610</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 18px;">Therafter</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">940</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 18px;">Total minimum lease payments</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">22,119</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The difference between the provision for income taxes and the amount computed by applying the federal statutory income tax rate to loss before benefit from income tax is as follows (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="9" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 0px; font-weight: bold;">Year Ended June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px; font-weight: bold;">2017</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 3px; font-weight: bold;">2016</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 13%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 3px; padding-right: 0px; font-weight: bold;">2015</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Benefit from income tax at federal statutory rate</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(3,913</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(1,439</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(1,140</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Non deductible expenses</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">302</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">385</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">442</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Federal Alternative Minimum Tax</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(129</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">159</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Stock-based compensation</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">306</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">273</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">314</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Fair value of escrow settlement modification</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">225</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Credits</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(976</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(1,775</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(574</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">State taxes</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">272</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">100</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">528</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Other</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">211</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">201</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(56</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Increase in valuation allowance</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">4,735</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">2,944</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">1,063</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 54%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 3px;">Total</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">938</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">560</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 10%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">961</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The following table summarizes the changes in the carrying value of goodwill (in thousands): </div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 18px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 20%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 18px; padding-right: 0px; font-weight: bold;">Total</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 18px;">As of June 30, 2015</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">122,750</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 18px;">Addition</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">6,699</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 18px;">As of June 30, 2016</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">129,449</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 72%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 18px;">As of June 30, 2017</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 17%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">129,449</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The following table shows total stock-based compensation expense included in the accompanying Consolidated Statements of Operations for the years ended June 30, 2017, 2016 and 2015 (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="9" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 0px; font-weight: bold;">Year Ended June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px; font-weight: bold;">2017</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px; font-weight: bold;">2016</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 0px; font-weight: bold;">2015</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Cost of hosted and related services revenue</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">261</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,272</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,215</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Cost of product revenue</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">53</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">64</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">74</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Cost of support and services revenue</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">370</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">590</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">497</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Research and development</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,256</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,854</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,928</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Sales and marketing</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,909</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,569</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,391</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">General and administrative</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">3,940</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">2,522</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">2,308</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Total stock-based compensation expense</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">9,789</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">8,871</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">8,413</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">A summary of the approved and active share buyback program is shown in the following table:</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px;"><b>Shares<br /></b><b>Repurchased</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px;"><b>Average </b><b>Price<br /></b><b>per Share</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px;"><b>Value of<br /></b><b>Shares<br /></b><b>Repurchased</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 0px;"><b>Remaining<br /></b><b>Amount<br /></b><b>Authorized</b></div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="12" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 2px; padding-right: 0px; font-weight: bold;">(In thousands, except per share amounts)</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Balance as of July 1, 2016</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Authorization of repurchase shares in May 2016</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">20,000</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Repurchase of common stock</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(126</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.49</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">819</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(819</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Balance as of June 30, 2016</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">19,181</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Repurchase of common stock</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(339</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.77</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,298</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(2,298</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Balance as of June 30, 2017</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">16,883</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The following table summarizes information about outstanding and exercisable options at June 30, 2017 (in thousands, except years and exercise prices):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 6px;"></div></td><td align="center" colspan="9" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 6px; padding-right: 6px; font-weight: bold;">Options Outstanding</div></td><td align="center" colspan="6" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 6px; padding-right: 0px; font-weight: bold;">Options Exercisable</div></td></tr><tr><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: #000000 1pt solid; padding-left: 0px; padding-right: 6px; font-weight: bold;">Exercise Prices</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 14%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: #000000 1pt solid; padding-left: 6px; padding-right: 6px;"><b>Number<br /></b><b>Outstanding</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 14%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: #000000 1pt solid; padding-left: 6px; padding-right: 6px;"><b>Weighted<br /></b><b>Average<br /></b><b>Remaining<br /></b><b>Contractual<br /></b><b>Life (Years)</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 14%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: #000000 1pt solid; padding-left: 6px; padding-right: 6px;"><b>Weighted<br /></b><b>Average<br /></b><b>Exercise<br /></b><b>Price</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 14%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: #000000 1pt solid; padding-left: 6px; padding-right: 6px;"><b>Number<br /></b><b>Outstanding</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 14%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: #000000 1pt solid; padding-left: 6px; padding-right: 0px;"><b>Weighted<br /></b><b>Average<br /></b><b>Exercise<br /></b><b>Price</b></div></td></tr><tr style="background-color: #cceeff;"><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 6px;">$3.50 - 4.25<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">322</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">5.10</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4.03</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">322</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4.03</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 6px;">$4.31<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">710</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">5.73</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4.31</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">691</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4.31</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 6px;">$4.35 - 5.15<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">812</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4.24</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4.79</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">795</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4.79</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 6px;">$5.25 - 6.61<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,011</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">5.68</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.28</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">743</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.35</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 6px;">$6.64 - 7.23<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">664</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7.10</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.87</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">366</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.81</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 6px;">$7.25 - 7.41<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">724</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">8.10</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7.36</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">322</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7.36</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 6px;">$7.42 - 8.02<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,063</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7.53</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7.77</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">403</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7.70</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 6px;">$8.03<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">33</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">9.20</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">8.03</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="center" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 6px;">$8.04<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">760</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">9.13</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">8.04</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="center" valign="bottom" style="text-align: center; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 6px;">$8.12 - 13.73<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">443</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4.69</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">9.04</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">401</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">9.03</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="center" valign="bottom" style="text-align: center; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 21%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 6px;">Total<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">6,542</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.54</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.61</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">4,043</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 11%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.03</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr></table></div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="h2" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">14. SEGMENT INFORMATION</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">ASC Topic 280, <i>Segment Reporting</i>, establishes standards for reporting information about operating segments, products and services, geographic areas of operations and major customers. Operating segments are defined as components of an enterprise for which separate financial information is available and evaluated regularly by the chief operating decision maker or decision making group in deciding how to allocate resources and in assessing performance. The Company&#8217;s chief operating decision-maker is its Chief Executive Officer (&#8220;CEO&#8221;). The CEO reviews financial information presented on a consolidated basis for purposes of making operating decisions and assessing financial performance. On this basis, the Company is organized and operates in a single segment: the design, development, marketing, and sale of business communication solutions. </div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Revenue by geographic region is based on the ship to address on the customer order. The following presents total revenue by geographic region (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 8px;"></div></td><td align="center" colspan="9" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 8px; padding-right: 0px; font-weight: bold;">Year Ended June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 8px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 16%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 8px; padding-right: 8px; font-weight: bold;">2017</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 16%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 8px; padding-right: 8px; font-weight: bold;">2016</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 16%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 8px; padding-right: 0px; font-weight: bold;">2015</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 8px;">United States of America</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 13%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">328,490</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 13%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">330,841</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 13%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">330,318</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 8px;">International</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 13%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">29,269</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 13%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">29,443</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 13%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">29,352</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 8px;">Total</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 13%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">357,759</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 13%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">360,284</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 13%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">359,670</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Revenue from one value-added distributor accounted for approximately 26%, 27% and 26% of the total revenue during the years ended June 30, 2017, 2016 and 2015, respectively.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The following presents a summary by geographic region of long-lived assets, excluding deferred tax assets, other assets, and intangible assets (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;"></div></td><td align="center" colspan="6" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 7px; padding-right: 0px; font-weight: bold;">As at June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 15%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 7px; padding-right: 7px; font-weight: bold;">2017</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 15%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 7px; padding-right: 0px; font-weight: bold;">2016</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">United States of America</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">17,764</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">20,323</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">International</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">1,302</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">1,228</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 62%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Total</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">19,066</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;"><u>$</u></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 12%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">21,551</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div></div> 118931000 127637000 126123000 8871000 8413000 9789000 7.91 7.40 4.95 7.73 1503000 7.86 The Company has a stock-based employee compensation plan. Generally, stock options granted to employees vest 25% at one year and then 1/36th monthly thereafter, and restricted stock units issued generally vest 25% at one, two, three and four years, and have a term of ten years. The Company has a stock-based employee compensation plan. Generally, stock options granted to employees vest 25% at one year and then 1/36th monthly thereafter, and restricted stock units issued generally vest 25% at one, two, three and four years, and have a term of ten years. 5.30 5.51 1302000 26773 398000 6.99 7.39 1927000 2202000 6.03 0.0124 0.0113 0.0194 0.0159 0.0170 0.0145 0.0041 0.0040 0.0108 0.0009 0.0006 0.0014 4043000 1000000 3200000 4900000 6.83 629000 0 0 0 0 0 0 0.49 0.48 0.45 0.5 0.46 0.39 0.37 0.37 0.29 0.35 0.43 0.32 6.31 6.61 741000 2479000 6268000 6542000 6.47 689007 737806 5747000 2480000 3.02 3.21 3.22 6542000 760000 322000 710000 443000 724000 1063000 1011000 812000 33000 664000 743000 795000 4043000 322000 691000 322000 366000 401000 403000 0 0 4.31 8.03 6.61 8.02 4.25 7.41 5.15 13.73 8.04 7.23 8.12 7.25 5.25 6.64 7.42 3.50 4.35 <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Stock-Based Compensation</i> &#8211; The Company measures the cost of employee services received in exchange for an award of equity instruments based on the grant date fair value of the award. The Company has a stock-based employee compensation plan. Generally, stock options granted to employees vest 25% at one year and then 1/36<sup style="line-height: 1; font-size: x-small; vertical-align: text-top;">th</sup> monthly thereafter, and restricted stock units issued generally vest 25% at one, two, three and four years, and have a term of ten years.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The following table shows total stock-based compensation expense included in the accompanying Consolidated Statements of Operations for the years ended June 30, 2017, 2016 and 2015 (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="9" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 0px; font-weight: bold;">Year Ended June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px; font-weight: bold;">2017</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px; font-weight: bold;">2016</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 0px; font-weight: bold;">2015</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Cost of hosted and related services revenue</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">261</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,272</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,215</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Cost of product revenue</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">53</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">64</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">74</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Cost of support and services revenue</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">370</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">590</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">497</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Research and development</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,256</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,854</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,928</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Sales and marketing</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,909</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,569</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,391</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">General and administrative</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">3,940</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">2,522</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">2,308</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Total stock-based compensation expense</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">9,789</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">8,871</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">8,413</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div></div> 48665000 46433000 0 <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Software to be Sold, Leased or Marketed</i> - Development costs of computer software to be sold, leased, or otherwise marketed are subject to capitalization beginning when a product&#8217;s technological feasibility has been established and ending when a product is available for general release to customers. In most instances, the Company&#8217;s products are released soon after technological feasibility has been established; therefore, costs incurred subsequent to achievement of technological feasibility are usually not significant. Capitalized costs are amortized using the straight-line method over the estimated economic life of the product. The Company evaluates the realizability of the assets and the related periods of amortization on a regular basis. Judgment is required in determining when technological feasibility of a product is established as well as its economic life.</div></div> The majority of the Company's products are covered by a one-year limited manufacturer's warranty. 2462000 2231000 1605000 0 20000000 19181000 16883000 9300000 10100000 200000 5800000 488000 4524000 9309000 8068000 9309000 8068000 4524000 202729000 202193000 0 1000 344546000 -167163000 177384000 -819000 190128000 361691000 -176359000 -3117000 -188802000 379871000 0 -72000 36000 394184000 4000 -171567000 <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="h2" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">18. SUBSEQUENT EVENT</div><div class="para">&#160;</div><div class="para" style="text-align: left; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: 'Times New Roman', Times, serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">On July 26, 2017, the Company entered into a definitive Agreement and Plan of Merger with Mitel US Holdings, Inc., a Delaware corporation, Shelby Acquisition Corporation, a Delaware corporation and a wholly owned subsidiary of Parent and, with respect to certain obligations set forth in the Merger Agreement, Mitel Networks Corporation, a Canadian corporation. Pursuant to and subject to the terms and conditions of the Merger Agreement, Merger Sub has commenced an all-cash tender offer for any and all of ShoreTel&#8217;s outstanding shares of common stock, par value $0.001 per share, at a purchase price of $7.50 per share, net to the seller in cash, without interest, and subject to any required withholding of taxes. The transaction is subject to certain conditions, including the tender of at least one share more than half of all the Company&#8217;s common stock outstanding as well as regulatory and other related approvals. The Company has agreed to operate its business in the ordinary course during the period between the execution of the Merger Agreement and the effective time of the merger and has agreed to certain other customary restrictions on its operations, as set forth in the Merger Agreement.</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">&#160;</div><div class="para" style="text-align: left; text-indent: 26px; padding-left: 0px; font-family: 'Times New Roman', Times, serif; color: #000000; font-size: 13px; margin-right: 0px;">On August 21, 2017, Louis Scarantino, a purported stockholder of the Company, filed a putative stockholder class action complaint in United States District Court in the Northern District of California against the Company, the individual members of the ShoreTel Board, the Offeror, Parent and Mitel, captioned <font style="font-style: italic; font-family: 'Times New Roman'; font-size: 10pt;">Scarantino v. ShoreTel, Inc., et al.</font>, Case No. 4:17-cv-04857-YGR (&#8220;Scarantino Complaint&#8221;).</div><div class="para" style="text-align: left; text-indent: 26px; padding-left: 0px; font-family: 'Times New Roman', Times, serif; color: #000000; font-size: 13px; margin-right: 0px;">&#160;</div><div class="para" style="text-align: left; text-indent: 26px; padding-left: 0px; font-family: 'Times New Roman', Times, serif; color: #000000; font-size: 13px; margin-right: 0px;">On August 22, 2017, Noradura Frydman, a purported stockholder of the Company, filed a putative stockholder class action complaint in United States District Court in the Northern District of California against the Company and the individual members of the ShoreTel Board, captioned <font style="font-style: italic; font-family: 'Times New Roman'; font-size: 10pt;">Frydman v. ShoreTel, Inc., et al.</font>, Case No. 5:17-cv-4865-BLF (&#8220;Frydman Complaint&#8221;).</div><div class="para" style="text-align: left; text-indent: 26px; padding-left: 0px; font-family: 'Times New Roman', Times, serif; color: #000000; font-size: 13px; margin-right: 0px;">&#160;</div><div class="para" style="text-align: left; text-indent: 26px; padding-left: 0px; font-family: 'Times New Roman', Times, serif; color: #000000; font-size: 13px; margin-right: 0px;">On August 23, 2017, Joseph Mozee, a purported stockholder of the Company, filed a putative stockholder class action complaint in the United States District Court in the Northern District of California against the Company, the individual members of the ShoreTel Board, the Offeror, Parent and Mitel, captioned <font style="font-style: italic; font-family: 'Times New Roman'; font-size: 10pt;">Mozee v. ShoreTel, Inc., et al.</font>, Case No. 4:17-cv-04888-HSG (&#8220;Mozee Complaint&#8221;).</div><div class="para" style="text-align: left; text-indent: 26px; padding-left: 0px; font-family: 'Times New Roman', Times, serif; color: #000000; font-size: 13px; margin-right: 0px;">&#160;</div><div class="para" style="text-align: left; text-indent: 26px; padding-left: 0px; font-family: 'Times New Roman', Times, serif; color: #000000; font-size: 13px; margin-right: 0px;">On August 24, 2017, David H. Simonson, a purported stockholder of the Company, filed a putative stockholder class action complaint in the United States District Court in the Northern District of California against the Company, the individual members of the ShoreTel Board, the Offeror, Parent and Mitel, captioned <font style="font-style: italic; font-family: 'Times New Roman'; font-size: 10pt;">Simonson v. ShoreTel, Inc., et al.</font>, Case No. 3:17-cv-04931-WHA (&#8220;Simonson Complaint&#8221;).</div><div class="para" style="text-align: left; text-indent: 26px; padding-left: 0px; font-family: 'Times New Roman', Times, serif; color: #000000; font-size: 13px; margin-right: 0px;">&#160;</div><div class="para" style="text-align: left; text-indent: 26px; padding-left: 0px; font-family: 'Times New Roman', Times, serif; color: #000000; font-size: 13px; margin-right: 0px;">On August 28, 2017, Armando Herrera, a purported stockholder of the Company, filed a putative stockholder class action complaint in United States District Court in the Northern District of California against the Company, the individual members of the ShoreTel Board, the Offeror, Parent and Mitel, captioned <font style="font-style: italic; font-family: 'Times New Roman'; font-size: 10pt;">Herrera v. ShoreTel, Inc., et al.</font>, Case No. 3:17-cv-04988-WHO (&#8220;Herrera Complaint&#8221;).</div><div class="para" style="text-align: left; text-indent: 26px; padding-left: 0px; font-family: 'Times New Roman', Times, serif; color: #000000; font-size: 13px; margin-right: 0px;">&#160;</div><div class="para" style="text-align: left; text-indent: 26px; padding-left: 0px; font-family: 'Times New Roman', Times, serif; color: #000000; font-size: 13px; margin-right: 0px;">On August 31, 2017, Gianfranca De Angelis, a purported stockholder of the Company, filed a putative stockholder class action complaint in the United States District Court in the Northern District of California against the Company and the individual members of the ShoreTel Board, captioned <font style="font-style: italic; font-family: 'Times New Roman'; font-size: 10pt;">De Angelis v. ShoreTel, Inc., et al.</font>, Case No. 3:17-cv-05091 (&#8220;De Angelis Complaint&#8221; and together with the Scarantino, Frydman, Mozee, Simonson and Herrera Complaints, &#8220;Complaints&#8221;).</div><div class="para" style="text-align: left; text-indent: 26px; padding-left: 0px; font-family: 'Times New Roman', Times, serif; color: #000000; font-size: 13px; margin-right: 0px;">&#160;</div><div class="para" style="text-align: left; text-indent: 26px; padding-left: 0px; font-family: 'Times New Roman', Times, serif; color: #000000; font-size: 13px; margin-right: 0px;">The Scarantino, Frydman, Simonson and De Angelis Complaints each assert that defendants violated Sections 14(e), 14(d)(4), and 20(a) of the Exchange Act by making untrue statements of material fact and omitting certain material facts related to the Merger Agreement and related transactions (&#8220;Transactions&#8221;) in the Company&#8217;s Schedule 14D-9. The Mozee and Herrera Complaints likewise assert that defendants violated Sections 14(e) and 20(a) of the Exchange Act by making untrue statements of material fact and omitting certain material facts related to the Transactions in the Company&#8217;s Schedule 14D-9. The Mozee Complaint also alleges that the members of the ShoreTel Board breached their fiduciary duties in connection with the Transactions because the Transactions do not appropriately value the Company, were the result of a flawed sale process, the Merger Agreement includes preclusive deal terms, and the Company&#8217;s officers and directors have potential conflicts. The Complaints seek, among other things, an order enjoining defendants from consummating the Transactions, money damages and an award of attorneys&#8217; and experts&#8217; fees. The Company believes that the lawsuits are without merit and, if the lawsuits are pursued, the Company will vigorously defend itself. The Company is unable to estimate a reasonably possible loss or range of loss, if any, at the current time.</div><div class="para" style="text-align: left; text-indent: 26px; padding-left: 0px; font-family: 'Times New Roman', Times, serif; color: #000000; font-size: 13px; margin-right: 0px;">&#160;</div><div class="para" style="text-align: left; text-indent: 26px; padding-left: 0px; font-family: 'Times New Roman', Times, serif; color: #000000; font-size: 13px; margin-right: 0px;">As contemplated by the proposed resolution of the litigations described above, the Company has provided certain additional disclosures that are supplemental to those contained in the Schedule 14D-9.</div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="h2" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">3. BALANCE SHEET COMPONENTS</div><div class="para">&#160;</div><div class="para" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Balance sheet components consisted of the following:</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="center" colspan="6" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 11px; padding-right: 0px; font-weight: bold;">As of June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 18%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 11px; padding-right: 11px; font-weight: bold;">2017</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; 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padding-right: 0px; font-weight: bold;">(Amounts in thousands)</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Inventories:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Raw materials</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">52</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; 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font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Distributor inventory</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,192</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,677</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Finished goods</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">9,380</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">10,754</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Total inventories</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">11,624</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">12,488</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Property and equipment:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Computer equipment and tooling</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">35,872</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">33,739</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Customer premise equipment</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">23,522</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">17,194</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Software</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7,932</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7,328</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Furniture and fixtures</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">3,676</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">3,880</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Leasehold improvements &amp; others</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">9,643</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">8,836</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Total property and equipment</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">80,645</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">70,977</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Less accumulated depreciation and amortization</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(61,579</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(49,426</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Property and equipment &#8211; net</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">19,066</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">21,551</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Deferred revenue:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Product</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7,076</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">5,433</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Support and services</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">61,485</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">59,465</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Hosted and related services</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">14,208</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">12,807</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Total deferred revenue</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">82,769</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">77,705</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Depreciation expense for the years ended June 30, 2017, 2016 and 2015 was $12.9 million, $11.9 million and $10.6 million, respectively.</div></div> Between 2023 and 2037 indefinitely 17500000 17500000 6.77 6.49 <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="h2" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">12. TREASURY STOCK</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">In May 2016, the Board of Directors authorized the repurchase of up to $20.0 million of the Company's common stock from time to time at the discretion of our management. This stock repurchase authorization has no expiration date.</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Under these programs, the Company may repurchase shares in the open market and through privately negotiated transactions. Repurchases are funded with cash and cash generated from operations. The timing and amount of specific repurchase transactions will depend upon market conditions, corporate considerations and applicable legal and regulatory requirements. The Company accounts for repurchased shares of common stock as treasury stock. Treasury shares are recorded at cost and are included as a component of stockholders&#8217; equity in our consolidated balance sheet.</div><div class="para">&#160;</div><div class="para" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">A summary of the approved and active share buyback program is shown in the following table:</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px;"><b>Shares<br /></b><b>Repurchased</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px;"><b>Average </b><b>Price<br /></b><b>per Share</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px;"><b>Value of<br /></b><b>Shares<br /></b><b>Repurchased</b></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 0px;"><b>Remaining<br /></b><b>Amount<br /></b><b>Authorized</b></div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="12" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 2px; padding-right: 0px; font-weight: bold;">(In thousands, except per share amounts)</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Balance as of July 1, 2016</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Authorization of repurchase shares in May 2016</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">20,000</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Repurchase of common stock</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(126</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.49</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">819</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(819</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Balance as of June 30, 2016</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">19,181</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Repurchase of common stock</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">(339</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">6.77</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,298</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(2,298</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 44%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Balance as of June 30, 2017</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">16,883</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 12px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div><div class="para">&#160;</div><div class="para" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">There were no share repurchases in fiscal 2015.</div><div class="para">&#160;</div><div class="para" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">There were no retirements of treasury stock during fiscal years 2017, 2016, and 2015.</div></div> 819000 819000 2298000 2298000 339000 126000 126000 0 339000 3117000 819000 0 0 0 142000 0 0 900000 1233000 841000 400000 6274000 5065000 4165000 6047000 1210000 24000 0 <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Use of Estimates</i> - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting period. The use of estimates is included in certain areas including revenue recognition, allowance for doubtful accounts, stock-based compensation, inventory and other assets valuation, accrued taxes and surcharges, accounting for income taxes and accounting for goodwill and purchased intangible assets. Actual results could differ from those estimates.</div></div> 79000 0 0 68100000 63953000 66405000 <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">Balance sheet components consisted of the following:</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="center" colspan="6" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 11px; padding-right: 0px; font-weight: bold;">As of June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 18%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 11px; padding-right: 11px; font-weight: bold;">2017</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 18%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 11px; padding-right: 0px; font-weight: bold;">2016</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="center" colspan="6" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 11px; padding-right: 0px; font-weight: bold;">(Amounts in thousands)</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Inventories:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Raw materials</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">52</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">57</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Distributor inventory</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">2,192</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">1,677</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Finished goods</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">9,380</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">10,754</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Total inventories</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">11,624</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">12,488</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Property and equipment:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Computer equipment and tooling</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">35,872</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">33,739</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Customer premise equipment</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">23,522</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">17,194</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Software</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7,932</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7,328</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Furniture and fixtures</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">3,676</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">3,880</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Leasehold improvements &amp; others</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">9,643</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">8,836</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Total property and equipment</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">80,645</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">70,977</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Less accumulated depreciation and amortization</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(61,579</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(49,426</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Property and equipment &#8211; net</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">19,066</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">21,551</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;"></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Deferred revenue:<br /></div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Product</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">7,076</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">5,433</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Support and services</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">61,485</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">59,465</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Hosted and related services</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">14,208</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">12,807</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 13px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 11px;">Total deferred revenue</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">82,769</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 15%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">77,705</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div></div> P6M 1 1 1 -129000 1000 159000 225000 0 0 150242000 126670000 105381000 60401000 70406000 61384000 56000 8475000 -30000 0.85 1 2500000 2100000 664000 664000 0 0 1100000 -30000 100000 600000 13100000 1600000 Between 2018 and 2037 Between 2018 and 2037 Between 2023 and 2037 4400000 1300000 1 2 P90D P1Y P3Y P5Y P30D P60D <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><i>Treasury Shares</i> - From time to time, the Company repurchases shares of its common stock, depending on market conditions, in the open market, in accordance with programs authorized by the Board of Directors. Repurchased shares are held as treasury stock until such time as they are retired or re-issued. Retirements of treasury stock are non-cash equity transactions in which the reacquired shares are returned to the status of authorized but unissued shares and the cost is recorded as a reduction to both retained earnings and treasury stock.</div></div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="para" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 4%; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">The change in allowance for doubtful accounts is summarized as follows (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="9" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 0px; font-weight: bold;">June 30,</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;"></div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px; font-weight: bold;">2017</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 2px; font-weight: bold;">2016</div></td><td align="center" colspan="3" valign="bottom" style="text-align: center; margin-top: 0px; text-indent: 0px; padding-left: 6px; width: 12%; padding-right: 6px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 10px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; padding-left: 2px; padding-right: 0px; font-weight: bold;">2015</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Allowance for doubtful accounts - beginning</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">678</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">631</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">636</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Current period provision</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">217</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">216</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">182</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Provision related to the acquisition of a business</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">79</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#8212;</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Write-offs charged to allowance, net of recoveries</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(395</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(248</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">(187</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">)</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 56%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 2px;">Allowance for doubtful accounts - ending</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">500</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">678</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">$</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 9%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">631</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div></div> -2298000 -819000 3917000 3614000 920000 0 0 333000 0 0 -303000 -5985000 -2284000 0 0 -2022000 0.01 <div style="font-family: 'Times New Roman'; font-size: 10pt;"><div class="h2" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">10. COMMON STOCK</div><div class="para">&#160;</div><div class="h3" style="text-align: left; font-style: italic; margin-top: 0px; text-indent: 0px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; font-weight: bold; margin-right: 0px;">Common Shares Reserved for Issuance</div><div class="para">&#160;</div><div class="para" style="text-align: left; line-height: 16px; margin-top: 0px; text-indent: 26px; padding-left: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;">At June 30, 2017, the Company had reserved shares of common stock for issuance as follows (in thousands):</div><div><table align="center" style="margin-top: 4px; width: 91%; border-collapse: collapse; margin-left: 0%;"><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 82%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Reserved under stock option plans </div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 7%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">4,041</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="whitespace: nowrap;">&#160;</div></td></tr><tr><td align="left" valign="bottom" style="text-align: left; padding-bottom: 1px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 82%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Reserved under employee stock purchase plan </div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 7%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 1pt solid; whitespace: nowrap;">3,189</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 1px; whitespace: nowrap;">&#160;</div></td></tr><tr style="background-color: #cceeff;"><td align="left" valign="bottom" style="text-align: left; padding-bottom: 4px; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 82%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-left: 0px; padding-right: 7px;">Total </div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 5px; width: 2%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">&#160;</div></td><td align="right" valign="bottom" style="text-align: right; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 7%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="border-bottom: black 3pt double; whitespace: nowrap;">7,230</div></td><td align="right" valign="bottom" style="text-align: left; margin-top: 0px; text-indent: 0px; padding-left: 0px; width: 1%; padding-right: 0px; font-family: Times New Roman, Times, Serif; margin-bottom: 0px; color: #000000; font-size: 13px; margin-right: 0px;"><div class="group-p" style="padding-bottom: 4px; whitespace: nowrap;">&#160;</div></td></tr></table></div></div> 1677000 2192000 0.35