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Net Loss Per Share Attributable To Common Stockholders
12 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Net Loss Per Share Attributable To Common Stockholders NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS
The following table presents the calculation of basic and diluted net loss per share attributable to common stockholders during the periods presented (in thousands, except per share amounts):
Year ended
June 30,
202220212020
Numerator:
Net loss attributable to common stockholders$(326,361)$(98,720)$(31,091)
Denominator:
Weighted-average shares used to compute net loss per share attributable to common stockholders
Basic and diluted101,753 82,813 44,106 
Net loss per share attributable to common stockholders:
Basic and diluted$(3.21)$(1.19)$(0.70)
Potentially dilutive securities, which were excluded from the diluted net loss per share calculations because they would have been antidilutive, are as follows as of the dates presented (in thousands):
June 30,
202220212020
Stock options3,858 6,552 9,019 
Restricted stock units3,279 1,176 1,141 
Total7,137 7,728 10,160 
In addition, approximately 8.5 million shares underlying the conversion option of the Notes are not considered in the calculation of diluted net loss per share. Such number of shares issuable under the Notes is subject to adjustment up to approximately 12.7 million shares if certain corporate events occur prior to the maturity date of the Notes or if the Company issues a notice of redemption. The Company’s current intent is to settle conversions of the Notes through a combination settlement, which involves a repayment of the principal portion in cash with any excess of the conversion value over the principal amount settled in shares of common stock. The Company uses the "as-if converted" method for calculating any potential dilutive effect of the conversion option on diluted earnings per share, if applicable. During the period from the issuance of the 2027 Notes on September 21, 2021 through June 30, 2022, the average market price of the Company’s common stock did not exceed the initial conversion price of the 2027 Notes. During the year ended June 30, 2022, the average market price of the Company's stock exceeded the initial conversion price of the 2025 Notes of $160.88 per share. However, the market price during the 30 consecutive trading days ended June 30, 2022 did not exceed the initial conversion price; therefore, the criteria for early conversion of the 2025 Notes was not met as of June 30, 2022.