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Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Net revenue:        
Total net revenue [1] $ 97,459 $ 98,826 $ 182,791 $ 188,403
Cost of revenue:        
Total cost of revenue [2] 56,628 60,926 106,557 117,560
Gross profit 40,831 37,900 76,234 70,843
Operating expenses:        
Research and development [3] 11,956 13,064 24,104 26,405
Selling and marketing 10,348 11,327 19,246 24,593
General and administrative 10,328 9,886 19,217 20,502
Total operating expenses 32,632 34,277 62,567 71,500
Income (loss) from operations 8,199 3,623 13,667 (657)
Income on equity method investment, net 1,117   1,089  
Other (expense) income, net (4,260) 7,766 (8,954) 3,327
Income before provision for income taxes 5,056 11,389 5,802 2,670
Provision for income taxes 287 679 631 1,316
Net income $ 4,769 $ 10,710 $ 5,171 $ 1,354
Net income per share - basic $ 0.05 $ 0.12 $ 0.06 $ 0.02
Net income per share - diluted $ 0.05 $ 0.12 $ 0.06 $ 0.02
Weighted average common shares used in computing net income per share:        
Basic 92,025 89,517 91,609 89,145
Diluted 93,353 90,279 92,607 90,095
Net income $ 4,769 $ 10,710 $ 5,171 $ 1,354
Foreign currency translation adjustment 1,809 877 3,302 (141)
Comprehensive income 6,578 11,587 8,473 1,213
Products        
Net revenue:        
Total net revenue 41,805 43,760 73,063 81,365
Cost of revenue:        
Total cost of revenue 23,102 24,518 41,528 46,088
Services        
Net revenue:        
Total net revenue 55,654 55,066 109,728 107,038
Cost of revenue:        
Total cost of revenue $ 33,526 $ 36,408 $ 65,029 $ 71,472
[1] Includes sales to the China joint venture, an equity method investment of $4,632 and $9,583 for the three and six months ended December 31, 2020 and $2,643 and $6,460 for the three and six months ended December 31, 2019, respectively. See Note 14.
[2] Includes cost of revenue from sales to the China joint venture, an equity method investment of $2,757 and $4,701 for the three and six months ended December 31, 2020, respectively, and of $2,140 and $4,631 for the three and six months ended December 31, 2019, respectively.
[3] Includes chargeback to the China joint venture, an equity method investment related to research and development project of $430 for the three and six months ended   December 31, 2020, respectively, and no chargeback for the three and six months ended December 31, 2019.