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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Net revenues:        
Total net revenues $ 279,355 $ 296,377 $ 548,559 $ 649,514
Cost of revenues:        
Total cost of revenues 104,232 113,007 203,929 253,208
Gross profit:        
Total gross profit 175,123 183,370 344,630 396,306
Operating expenses:        
Research and development 54,883 52,833 109,334 110,849
Sales and marketing 79,967 85,154 161,350 177,074
General and administrative 26,064 25,384 62,665 49,257
Restructuring and related charges 1,035 9,174 2,312 11,891
Amortization of intangible assets 509 509 1,021 1,020
Total operating expenses 162,458 173,054 336,682 350,091
Operating income 12,665 10,316 7,948 46,215
Interest income 839 1,430 1,685 2,656
Interest expense (4,179) (4,269) (8,601) (8,587)
Other income (expense), net 661 (420) (60) 12
Income before income taxes 9,986 7,057 972 40,296
Provision for income taxes 2,604 3,069 4,094 7,632
Net income (loss) $ 7,382 $ 3,988 $ (3,122) $ 32,664
Basic and diluted income (loss) per share:        
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
Shares used in per share calculation – basic 132,381 128,987 131,778 128,885
Shares used in per share calculation – diluted 134,107 131,514 131,778 132,786
Product        
Net revenues:        
Total net revenues $ 172,261 $ 186,611 $ 334,545 $ 440,094
Cost of revenues:        
Total cost of revenues 72,604 81,493 142,006 190,029
Gross profit:        
Total gross profit 99,657 105,118 192,539 250,065
Subscription and Support        
Net revenues:        
Total net revenues 107,094 109,766 214,014 209,420
Cost of revenues:        
Total cost of revenues 31,628 31,514 61,923 63,179
Gross profit:        
Total gross profit $ 75,466 $ 78,252 $ 152,091 $ 146,241