Summary of business and significant accounting policies (Tables)
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6 Months Ended |
Dec. 31, 2019 |
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| Organization, Consolidation and Presentation of Financial Statements [Abstract] |
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| Schedule of disaggregation of revenue |
In order to further depict how the nature, amount, timing and uncertainty of our revenue and cash flows are affected by economic factors, the following table depicts the disaggregation of revenue according to revenue type and pattern of recognition (in thousands): | | | | | | | | | | | | | | | | | | | | Three Months Ended December 31, | | Six Months Ended
December 31, | | | 2019 | | 2018 | | 2019 | | 2018 | Product | | | | | | | | | On-board automotive navigation solutions (point in time)(1) | | $ | 61,543 |
| | $ | 42,397 |
| | $ | 117,533 |
| | $ | 82,327 |
| Total product revenue | | 61,543 |
| | 42,397 |
| | 117,533 |
| | 82,327 |
| Services | | | | | | | | | Brought-in automotive navigation solutions (over time)(2) | | 8,787 |
| | 4,480 |
| | 15,009 |
| | 8,022 |
| Automotive maintenance and support and other (over time) | | 1,206 |
| | 645 |
| | 2,875 |
| | 655 |
| Mobile navigation services (over time) | | 2,339 |
| | 2,638 |
| | 5,087 |
| | 5,408 |
| Total services revenue | | 12,332 |
| | 7,763 |
| | 22,971 |
| | 14,085 |
| Total revenue | | $ | 73,875 |
| | $ | 50,160 |
| | $ | 140,504 |
| | $ | 96,412 |
| (1)Includes i) royalties earned and recognized at the point in time usage occurs, ii) map updates and iii) customized software development fees. | (2)Includes royalties earned and recognized over time from the allocation of transaction price to service obligations for hybrid automotive solutions. |
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| Changes in the balance of total deferred costs |
Changes in the balance of total deferred costs (current and non-current) during the six months ended December 31, 2019 were as follows (in thousands): | | | | | | | | | | | | | | | | Deferred Costs | | | Content | | Development | | Total | Balance, June 30, 2019 | | $ | 71,466 |
| | $ | 8,336 |
| | $ | 79,802 |
| Content licensing costs incurred | | 64,612 |
| | — |
| | 64,612 |
| Customized software development costs incurred | | — |
| | 2,503 |
| | 2,503 |
| Less: cost of revenue recognized | | (62,785 | ) | | (2,369 | ) | | (65,154 | ) | Balance, December 31, 2019 | | $ | 73,293 |
| | $ | 8,470 |
| | $ | 81,763 |
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| | | | | | Beginning balance, June 30, 2019 | | $ | 135,135 |
| Revenue recognized that was included in beginning balance | | (32,434 | ) | Amount billed, net of revenue recognized that was not included in beginning balance | | 41,470 |
| Ending balance, December 31, 2019 | | $ | 144,171 |
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| Accumulated other comprehensive loss, net of tax |
The components of accumulated other comprehensive loss, net of related taxes, and activity as of December 31, 2019, were as follows (in thousands): | | | | | | | | | | | | | | | | Foreign Currency
Translation
Adjustments | | Unrealized
Gains (Losses) on
Available-for-Sale
Securities | | Total | Balance, net of tax as of June 30, 2019 | | $ | (1,623 | ) | | $ | 146 |
| | $ | (1,477 | ) | Other comprehensive income (loss) before reclassifications, net of tax | | (103 | ) | | 44 |
| | (59 | ) | Amount reclassified from accumulated other comprehensive loss, net of tax | | — |
| | (2 | ) | | (2 | ) | Other comprehensive income (loss), net of tax | | (103 | ) | | 42 |
| | (61 | ) | Balance, net of tax as of December 31, 2019 | | $ | (1,726 | ) | | $ | 188 |
| | $ | (1,538 | ) |
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