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Net Income (Loss) Per Share (Tables)
6 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

The following table presents the calculation of net income (loss) per share of basic and diluted (in thousands, except per share data):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

December 31,
2024

 

 

December 31,
2023

 

 

December 31,
2024

 

 

December 31,
2023

 

Net income (loss)

 

$

7,382

 

 

$

3,988

 

 

$

(3,122

)

 

$

32,664

 

Weighted-average shares used in per share calculation – basic

 

 

132,381

 

 

 

128,987

 

 

 

131,778

 

 

 

128,885

 

Options to purchase common stock

 

 

551

 

 

 

757

 

 

 

 

 

 

836

 

Restricted stock units

 

 

1,100

 

 

 

1,579

 

 

 

 

 

 

2,951

 

Employee Stock Purchase Plan shares

 

 

75

 

 

 

191

 

 

 

 

 

 

114

 

Weighted-average shares used in per share calculation – diluted

 

 

134,107

 

 

 

131,514

 

 

 

131,778

 

 

 

132,786

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per share – basic and diluted

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per share – basic

 

$

0.06

 

 

$

0.03

 

 

$

(0.02

)

 

$

0.25

 

Net income (loss) per share – diluted

 

$

0.06

 

 

$

0.03

 

 

$

(0.02

)

 

$

0.25

 

Schedule of Antidilutive Securities Excluded from Earnings Per Share Calculation

The following securities were excluded from the computation of net income (loss) per diluted share of common stock for the periods presented as their effect would have been anti-dilutive (in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

December 31,
2024

 

 

December 31,
2023

 

 

December 31,
2024

 

 

December 31,
2023

 

Options to purchase common stock

 

 

 

 

 

 

 

 

997

 

 

 

 

Restricted stock units

 

 

1,295

 

 

 

2,336

 

 

 

5,638

 

 

 

1,623

 

Employee Stock Purchase Plan shares

 

 

695

 

 

 

560

 

 

 

545

 

 

 

445

 

Total shares excluded

 

 

1,990

 

 

 

2,896

 

 

 

7,180

 

 

 

2,068