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Stock-based Compensation and Stockholders' Equity (Tables)
 6 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of Assumptions Used to Estimate Fair Value of Stock Options Granted Using Black-Scholes Option Pricing Model
The fair value of stock option grants for the three and six months ended December 31, 2021 and 2020 was estimated on the date of grant using the Black-Scholes option pricing model with the following assumptions:
 Three Months Ended
December 31,		Six Months Ended
December 31,
 2021202020212020
Risk-free interest rate0.81%
0.45%
0.81% - 0.45%
0.27% - 0.45%
Expected term6.09 years5.98 years6.09 years5.98 years
Dividend yield—%—%—%—%
Volatility49.69%
50.34%
49.69% - 49.71%
50.34% - 50.43%
Weighted-average fair value$17.94$11.13$17.59$13.14
Schedule of Stock-based Compensation Expense
The following table shows total stock-based compensation expense included in the condensed consolidated statements of operations for the three and six months ended December 31, 2021 and 2020 (in thousands):
 
 Three Months Ended
December 31,		Six Months Ended
December 31,
 2021202020212020
Cost of sales$471 $407 $918 $910 
Research and development4,103 3,339 7,983 7,041 
Sales and marketing496 497 1,013 1,014 
General and administrative4,106 2,210 6,277 4,658 
Stock-based compensation expense before taxes9,176 6,453 16,191 13,623 
Income tax impact(2,310)(1,732)(4,198)(3,687)
Stock-based compensation expense, net$6,866 $4,721 $11,993 $9,936 
Summary Of Operational And Stock Price Milestones
The achievement status of the operational and stock price milestones as of December 31, 2021 was as follows:

Annualized Revenue MilestoneAchievement StatusStock Price MilestoneAchievement Status
(in billions)
$4.0
Achieved (1)
$45Not met
$4.8Probable$60Not met
$5.8Probable$75Not met
$6.8Probable$95Not met
$8.0Improbable$120Not met
(1)The Company has presented this revenue goal as having been “Achieved”, as its reported revenues for the four quarters ended December 31, 2021 were $4.17 billion. Under the terms of the agreement governing this award, the Compensation Committee must certify that the goal has been achieved after the Company files this Quarterly Report on Form 10-Q before the goal will be deemed achieved under that agreement. The Company expects the Compensation Committee to so certify shortly after the filing date of this report and the Company does not intend to file a Current Report on Form 8-K following such certification.
Summary of Stock Option Activity
The following table summarizes stock option activity during the six months ended December 31, 2021 under all plans:
 
Options
Outstanding		Weighted
Average
Exercise
Price per
Share		Weighted
Average
Remaining
Contractual
Term (in Years)
Balance as of June 30, 20215,175,554 $26.17 
Granted193,620 $36.89 
Exercised(669,403)$17.84 
Forfeited/Cancelled(85,000)$29.84 
Balance as of December 31, 20214,614,771 $27.82 5.49
Options vested and exercisable at December 31, 20212,876,247 $21.10 3.41
Summary of Restricted Stock Unit Activity
The following table summarizes RSU and PRSU activity during the six months ended December 31, 2021 under all plans: 
Time-Based RSUs
Outstanding		Weighted
Average
Grant-Date Fair Value per Share		PRSUs
Outstanding		Weighted
Average
Grant-Date Fair Value per Share
Balance as of June 30, 20211,854,956 $26.79 15,000 $34.27 
Granted641,195 $36.81 2,939 $34.27 
Released(355,657)$22.19 (17,939)$34.27 
Forfeited(185,036)$28.49 — $— 
Balance as of December 31, 20211,955,458 $30.69 — $—