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

9 Months Ended

Mar. 31, 2025

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 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
Basic	102,219		105,436		103,679		106,045
Effect of dilutive securities:
Convertible senior notes	—		3,721		460		—
Equity awards	—		2,019		—		—
Diluted	102,219		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.

Schedule 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 March 31,		Nine Months Ended March 31,
	2025	2024	2025	2024
Equity awards	10,112	5,725	8,996	7,993
Convertible senior notes	12,226	3,884	6,157	8,224
Total	22,338	9,609	15,153	16,217