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Net Income (Loss) Per Share Attributable To Common Stockholders
9 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share Attributable To Common Stockholders NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS
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
March 31,
Nine Months Ended
March 31,
2025
2024 (1)
2025 (1)
2024
Numerator:
Net income (loss) attributable to common stockholders
Basic$(11,589)$31,809 $30,871 $(36,473)
Gain on debt extinguishment, net of change on mark to market derivatives and amortization of debt issuance costs— (31,641)(39,984)— 
Diluted$(11,589)$168 $(9,113)$(36,473)
Denominator:
Weighted-average shares used to compute net income (loss) per share attributable to common stockholders
Basic102,219 105,436 103,679 106,045 
Effect of dilutive securities:
Convertible senior notes— 3,721 460 — 
Equity awards— 2,019 — — 
Diluted102,219 111,176 104,139 106,045 
Net income (loss) per share attributable to common stockholders
Basic$(0.11)$0.30 $0.30 $(0.34)
Diluted$(0.11)$0.00 $(0.09)$(0.34)
(1) For the three months ended March 31, 2024 and nine months ended March 31, 2025, 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.
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
March 31,
Nine Months Ended
March 31,
2025202420252024
Equity awards10,112 5,725 8,996 7,993 
Convertible senior notes12,226 3,884 6,157 8,224 
Total22,338 9,609 15,153 16,217 
Shares issuable under the Notes is subject to adjustment up to approximately 16.6 million shares if certain corporate events occur prior to the maturity date of the Notes or if the Company issues a notice of redemption. As of March 31, 2025, no conversion was triggered for the Notes.