Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

v2.4.0.6
Related Party Transactions
 3 Months Ended
Dec. 31, 2012
Related Party Transactions [Abstract]  
Related Party Transactions
RELATED PARTY TRANSACTIONS
During the three and six months ended December 31, 2012 and 2011, 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, also serves as an executive officer or board member, including Cisco Systems, Inc., Freescale Semiconductor, Inc. and Avago Technologies Ltd. The following table provides the transactions with these parties for the indicated periods (for the portion of such period that they were considered related):
 
Three months ended
December 31,
 
Six months ended
December 31,
(In thousands)
2012
 
2011
 
2012
 
2011
Total revenues
$
1,899

 
$
88

 
$
4,771

 
$
125

Total purchases
$
69

 
$
2,179

 
$
2,452

 
$
4,271


The Company had a receivable balance from these parties of $0.9 million and $1.9 million as of December 31, 2012 and June 30, 2012, respectively. Management believes that such transactions are at arm’s length and on similar terms as would have been obtained from unaffiliated third parties.