XML 74 R3.htm IDEA: XBRL DOCUMENT v3.19.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2017
Revenue:      
Revenue $ 598,345 $ 499,514 $ 482,942
Cost of revenue:      
Total cost of revenue 57,816    
Gross profit 540,529 448,870 435,476
Operating expenses:      
Selling and marketing 111,374 101,077 92,633
Research and development 83,122    
General and administrative 63,231 56,076 51,297
Total operating expenses 257,727 239,229 223,460
Income from operations 282,802 209,641 212,016
Interest income 28,457 231 808
Interest (expense) (8,733)    
Other income (expense), net 664    
Income before income taxes 303,190    
Provision for (benefit from) income taxes 40,456 54,655 48,150
Net income $ 262,734 $ 148,688 $ 162,196
Net income per common share:      
Basic (in dollars per share) $ 3.76 $ 2.06 $ 2.12
Diluted (in dollars per share) $ 3.71 $ 2.04 $ 2.11
Weighted average shares outstanding:      
Basic (in shares) 69,925 72,140 76,491
Diluted (in shares) 70,787 72,956 76,978
License [Member]      
Revenue:      
Revenue $ 404,122 $ 0 $ 0
Cost of revenue:      
Total cost of revenue 7,060    
Maintenance [Member]      
Revenue:      
Revenue 165,436 0 0
Cost of revenue:      
Total cost of revenue 19,208    
Services and other [Member]      
Revenue:      
Revenue 28,787 28,473 29,430
Cost of revenue:      
Total cost of revenue $ 31,548    
Accounting Standards Update 2014-09 (Topic 606) [Member]      
Revenue:      
Revenue   518,859 494,427
Cost of revenue:      
Total cost of revenue   50,644 47,466
Gross profit   468,215 446,961
Operating expenses:      
Selling and marketing   99,737 91,977
Research and development   82,076 79,530
General and administrative   67,181 58,735
Total operating expenses   248,994 230,242
Income from operations   219,221 216,719
Interest income   24,954 22,942
Interest (expense)   (5,691) (3,787)
Other income (expense), net   (838) 1,309
Income before income taxes   237,646 237,183
Provision for (benefit from) income taxes   (56,057) 57,797
Net income   $ 293,703 $ 179,386
Net income per common share:      
Basic (in dollars per share)   $ 4.07 $ 2.35
Diluted (in dollars per share)   $ 4.03 $ 2.33
Weighted average shares outstanding:      
Basic (in shares)   72,140 76,491
Diluted (in shares)   72,956 76,978
Accounting Standards Update 2014-09 (Topic 606) [Member] | License [Member]      
Revenue:      
Revenue   $ 326,549 $ 307,259
Cost of revenue:      
Total cost of revenue   5,236 4,231
Accounting Standards Update 2014-09 (Topic 606) [Member] | Maintenance [Member]      
Revenue:      
Revenue   161,065 157,012
Cost of revenue:      
Total cost of revenue   17,408 16,821
Accounting Standards Update 2014-09 (Topic 606) [Member] | Services and other [Member]      
Revenue:      
Revenue   31,245 30,156
Cost of revenue:      
Total cost of revenue   $ 28,000 $ 26,414