Related Party Transactions
|12 Months Ended|
Jun. 30, 2017
|Related Party Transactions [Abstract]|
|RELATED PARTY TRANSACTIONS||
NOTE 18 — RELATED PARTY TRANSACTIONS
During the fiscal years ended June 30, 2017, 2016 and 2015, the Company purchased from, or sold to, several entities, where one or more executive officers of the Company or members of the Company’s Board of Directors, or their immediate family members were, during the periods presented, an executive officer or a board member or a board member of a subsidiary, including Broadcom Limited, Cisco Systems, Inc., Citrix Systems, Inc., Juniper Networks, Inc., Keysight Technologies, Inc., MetLife, and NetApp, Inc. The following table provides the transactions with these parties for the indicated periods (for the portion of such period that they were considered related):
The Company’s receivable and payable balances from these parties were immaterial at June 30, 2017 and 2016. Management believes that such transactions are at arm’s length and on similar terms as would have been obtained from unaffiliated third parties.
The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.
Reference 1: http://www.xbrl.org/2003/role/presentationRef