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Net Income (Loss) Per Common Share (Tables)
9 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Schedule of reconciliation of the numerator and denominator used in the calculation of basic and diluted net income (loss) per common share

A reconciliation of the numerator and denominator used in the calculation of basic and diluted net loss per common share follows (in thousands):

 

 

 

Three Months Ended

March 31,

 

 

Nine Months Ended

March 31,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

2,625

 

 

$

(1,184

)

 

$

3,979

 

 

$

(15,030

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

 

90,476

 

 

 

87,962

 

 

 

89,585

 

 

 

87,220

 

Dilutive effect of potential common shares

 

 

379

 

 

 

 

 

 

844

 

 

 

 

Weighted average shares outstanding - diluted

 

 

90,855

 

 

 

87,962

 

 

 

90,429

 

 

 

87,220

 

Basic net income (loss) per share

 

$

0.03

 

 

$

(0.01

)

 

$

0.04

 

 

$

(0.17

)

Diluted net income (loss) per share

 

$

0.03

 

 

$

(0.01

)

 

$

0.04

 

 

$

(0.17

)

 

Schedule of all potentially dilutive securities excluded from the computation of basic and diluted net income (loss) per common share

The following table sets forth all potentially dilutive securities excluded from the computation in the table above because their effect would have been anti-dilutive (in thousands):

 

 

 

As of March 31,

 

 

 

2020

 

 

2019

 

Stock options

 

 

5,991

 

 

 

5,199

 

RSUs, PSUs and MSUs

 

 

4,079

 

 

 

3,744

 

 

 

 

10,070

 

 

 

8,943