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Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2021
Mar. 31, 2020
Net revenue:        
Total net revenue [1] $ 102,562 $ 99,548 $ 285,353 $ 287,951
Cost of revenue:        
Total cost of revenue [2] 63,020 60,415 169,577 177,975
Gross profit 39,542 39,133 115,776 109,976
Operating expenses:        
Research and development [3] 13,268 11,164 37,372 37,569
Selling and marketing 10,567 11,106 29,813 35,699
General and administrative 11,281 8,894 30,498 29,396
Total operating expenses 35,116 31,164 97,683 102,664
Income from operations 4,426 7,969 18,093 7,312
Income (loss) on equity method investment, net (68) 222 1,021 222
Other (expense) income, net (4,027) (5,281) (12,981) (1,954)
Income before provision for income taxes 331 2,910 6,133 5,580
Provision for income taxes 721 285 1,352 1,601
Net income (loss) $ (390) $ 2,625 $ 4,781 $ 3,979
Net income (loss) per share - basic $ 0.00 $ 0.03 $ 0.05 $ 0.04
Net income (loss) per share - diluted $ 0.00 $ 0.03 $ 0.05 $ 0.04
Weighted average common shares used in computing net income per share:        
Basic 93,123 90,476 92,106 89,585
Diluted 93,123 90,855 93,422 90,429
Net income $ (390) $ 2,625 $ 4,781 $ 3,979
Foreign currency translation adjustment (2,102) (628) 1,199 (769)
Comprehensive income (loss) (2,492) 1,997 5,980 3,210
Products        
Net revenue:        
Total net revenue 47,439 45,527 120,502 126,892
Cost of revenue:        
Total cost of revenue 27,709 27,573 69,237 73,661
Services        
Net revenue:        
Total net revenue 55,123 54,021 164,851 161,059
Cost of revenue:        
Total cost of revenue $ 35,311 $ 32,842 $ 100,340 $ 104,314
[1] Includes sales to the China joint venture, an equity method investment of $6,568 and $16,151 for the three and nine months ended March 31, 2021 and $6,145 and $12,605 for the three and nine months ended March 31, 2020, respectively. See Note 14.
[2] Includes cost of revenue from sales to the China joint venture, an equity method investment of $2,387 and $7,088 for the three and nine months ended March 31, 2021, respectively, and of $4,350 and $8,980 for the three and nine months ended March 31, 2020, respectively.
[3] Includes chargeback to the China joint venture, an equity method investment related to research and development project of $0 and $430 for the three and nine months ended March 31, 2021, respectively, and no chargeback for the three and nine months ended March 31, 2020.