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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]    
Net revenue $ 126,614 $ 112,869
Cost of revenue [1] 113,189 96,813
Gross profit 13,425 16,056
Operating expenses:    
Product development [1] 3,556 3,305
Sales and marketing [1] 2,363 2,044
General and administrative [1] 5,825 5,394
Operating income 1,681 5,313
Interest income 72 66
Interest expense (212) 0
Other expense, net (257) (67)
Income before income taxes 1,284 5,312
Provision for income taxes (152) (15)
Net income $ 1,132 $ 5,297
Net income per share:    
Basic $ 0.02 $ 0.11
Diluted $ 0.02 $ 0.10
Weighted-average shares used in computing net income per share:    
Basic 50,845 48,663
Diluted 53,326 52,441
[1]

(1)

Cost of revenue and operating expenses include stock-based compensation expense as follows:

 

Cost of revenue

 

$

2,490

 

 

$

1,539

 

Product development

 

 

484

 

 

 

401

 

Sales and marketing

 

 

421

 

 

 

284

 

General and administrative

 

 

1,253

 

 

 

887