Net Income (Loss) Per Share Attributable To Common Stockholders (Tables)

6 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Net Loss per Share

The following table presents the calculation of basic and diluted net income (loss) per share attributable to common stockholders (in thousands, except per share amounts):

	Three Months Ended December 31,				Six Months Ended December 31,
	2024 (1)		2023		2024 (1)		2023
Numerator:
Net income (loss) attributable to common stockholders
Basic	$	33,548	$	(40,421)	$	42,460	$	(68,282)
Gain on debt extinguishment	(39,983)		—		(39,983)		—
Diluted	$	(6,435)	$	(40,421)	$	2,477	$	(68,282)
Denominator:
Weighted-average shares used to compute net income (loss) per share attributable to common stockholders
Basic	103,102		105,914		104,394		106,350
Effect of dilutive securities:
Convertible senior notes	1,378		—		689		—
Equity awards	—		—		2,635		—
Diluted	104,480		105,914		107,718		106,350
Net income (loss) per share attributable to common stockholders
Basic	$	0.33	$	(0.38)	$	0.41	$	(0.64)
Diluted	$	(0.06)	$	(0.38)	$	0.02	$	(0.64)

(1) For the three and six months ended December 31, 2024, the dilutive effect of outstanding equity awards is reflected in diluted earnings per share by application of the treasury stock method and if-converted method.

Summary of Potentially Dilutive Securities Excluded from Diluted Net Loss Per Share Calculation

Potentially dilutive securities, which were excluded from the diluted net income (loss) per share calculations because they would have been antidilutive were as follows (in thousands):

	Three Months Ended December 31,		Six Months Ended December 31,
	2024	2023	2024	2023
Equity awards	10,542	8,133	7,612	7,915
Convertible senior notes	3,818	8,534	3,122	8,534
Total	14,360	16,667	10,734	16,449