Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Jun. 30, 2018
Current assets:    
Cash and cash equivalents $ 238,147 $ 666,681
Investments — short-term 69,866 0
Accounts receivable, net of allowance for doubtful accounts of $203 and $453 at June 30, 2019 and June 30, 2018 respectively 156,043 174,521
Inventories 264,281 102,220
Vendor deposits 11,608 39,029
Prepaid income taxes 23 0
Prepaid expenses and other current assets 13,843 18,901
Total current assets 753,811 1,001,352
Property and equipment, net 13,618 14,328
Deferred tax assets — long-term 2,910 3,106
Investments — long-term 31,585 0
Other long term assets 73,941 3,791
Total assets 875,865 1,022,577
Current liabilities:    
Accounts payable 38,722 14,098
Income taxes payable 25,556 5,780
Debt — short-term 30,675 24,425
Other current liabilities 84,233 68,613
Total current liabilities 179,186 112,916
Income tax payable — long-term 124,262 127,719
Debt — long-term 464,700 460,352
Other long-term liabilities 8,440 5,842
Total liabilities 776,588 706,829
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Preferred stock—$0.001 par value; 50,000,000 shares authorized; none issued 0 0
Common stock—$0.001 par value; 500,000,000 shares authorized: 69,472,568 and 74,072,521 outstanding at June 30, 2019 and June 30, 2018, respectively 69 74
Additional paid–in capital 0 393
Accumulated other comprehensive income 393 0
Retained earnings 98,815 315,281
Total stockholders’ equity 99,277 315,748
Total liabilities and stockholders’ equity $ 875,865 $ 1,022,577