XML 45 R24.htm IDEA: XBRL DOCUMENT v3.25.2
Net Income (Loss) Per Share Attributable To Common Stockholders
 12 Months Ended
Jun. 30, 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):
June 30,
2025(1)
20242023
Numerator:
Net income (loss) attributable to common stockholders
Basic$23,799 $(28,878)$(223,725)
Gain on debt extinguishment, net of change on mark to market derivatives and amortization of debt issuance costs(31,327)— — 
Diluted$(7,528)$(28,878)$(223,725)
Denominator:
Weighted-average shares used to compute net income (loss) per share attributable to common stockholders
Basic103,568 106,102 105,976 
Effect of dilutive securities:
Convertible senior notes344 — — 
Diluted103,912 106,102 105,976 
Net income (loss) per share attributable to common stockholders:
Basic$0.23 $(0.27)$(2.11)
Diluted$(0.07)$(0.27)$(2.11)
(1) For the fiscal year ended June 30, 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):
June 30,
202520242023
Equity awards9,511 6,641 6,772 
Convertible senior notes12,226 2,426 8,534 
Total21,737 9,067 15,306 
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 June 30, 2025, no conversion was triggered for the Notes.