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Net Income (Loss) Per Common Share (Tables)
9 Months Ended
Mar. 31, 2021
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 income (loss) per common share follows (in thousands):

 

 

 

Three Months Ended

March 31,

 

 

Nine Months Ended

March 31,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

(390

)

 

$

2,625

 

 

$

4,781

 

 

$

3,979

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

 

93,123

 

 

 

90,476

 

 

 

92,106

 

 

 

89,585

 

Dilutive effect of potential common shares

 

 

 

 

 

379

 

 

 

1,316

 

 

 

844

 

Weighted average shares outstanding - diluted

 

 

93,123

 

 

 

90,855

 

 

 

93,422

 

 

 

90,429

 

Basic net income (loss) per share

 

$

(0.00

)

 

$

0.03

 

 

$

0.05

 

 

$

0.04

 

Diluted net income (loss) per share

 

$

(0.00

)

 

$

0.03

 

 

$

0.05

 

 

$

0.04

 

 

Schedule of all potentially dilutive securities excluded from the computation of basic and diluted net income 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,

 

 

 

2021

 

 

2020

 

Stock options

 

 

6,742

 

 

 

5,991

 

RSUs, PSUs and MSUs

 

 

3,076

 

 

 

4,079

 

 

 

 

9,818

 

 

 

10,070