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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:    
Net income (loss) $ (3,122) $ 32,664
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 7,804 9,485
Amortization of intangible assets 2,251 3,064
Reduction in carrying amount of right-of-use asset 4,894 5,891
Provision for credit losses 27 82
Share-based compensation 41,219 40,876
Deferred income taxes (987) (21)
Provision (Benefit) for excess and obsolete inventory [1] (271) 16,043
Non-cash interest expense 594 532
Other (801) (2,481)
Changes in operating assets and liabilities:    
Accounts receivable, net (28,083) 69,915
Inventories [1] 411 (80,595)
Prepaid expenses and other assets (9,969) (7,850)
Accounts payable 1,177 (12,263)
Accrued compensation and benefits 16,995 (20,625)
Operating lease liabilities (5,375) (6,444)
Deferred revenue 17,421 48,272
Other current and long-term liabilities (4,067) 13,320
Net cash provided by operating activities 40,118 109,865
Cash flows from investing activities:    
Capital expenditures (12,325) (9,955)
Net cash used in investing activities (12,325) (9,955)
Cash flows from financing activities:    
Net payments on revolving facility   (25,000)
Payments on debt obligations (5,000) (5,000)
Payments on debt financing costs (695)  
Repurchase of common stock   (49,855)
Payments for tax withholdings, net of proceeds from issuance of common stock (8,300) (33,387)
Net cash used in financing activities (13,995) (113,242)
Foreign currency effect on cash and cash equivalents (175) (91)
Net increase (decrease) in cash and cash equivalents 13,623 (13,423)
Cash and cash equivalents at beginning of period 156,699 234,826
Cash and cash equivalents at end of period $ 170,322 $ 221,403
[1] The prior period amounts have been reclassified to conform to the current period presentation