XML 14 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]        
Revenues $ 218,359 $ 167,433 $ 636,652 $ 480,719
Cost of revenues 119,273 84,940 344,123 245,681
Gross profit 99,086 82,493 292,529 235,038
Operating expenses:        
Research and development 16,603 13,820 47,480 42,810
Sales, general and administrative 9,074 8,538 26,938 24,113
Business e-mail compromise (“BEC”) fraud loss/(recovery) 0 (3) 0 (8,294)
Total operating expenses 25,677 22,355 74,418 58,629
Income from operations 73,409 60,138 218,111 176,409
Interest expense and other, net (1,038) (510) (3,307) (1,277)
Income before provision for income taxes 72,371 59,628 214,804 175,132
Provision for income taxes 7,939 6,929 17,976 19,222
Net income and comprehensive income $ 64,432 $ 52,699 $ 196,828 $ 155,910
Net income per share of common stock:        
Basic (in usd per share) $ 0.79 $ 0.63 $ 2.40 $ 1.83
Diluted (in usd per share) $ 0.77 $ 0.62 $ 2.35 $ 1.80
Weighted average shares used in computing net income per share of common stock:        
Basic (in shares) 81,652 83,349 81,879 85,051
Diluted (in shares) 83,317 84,685 83,694 86,433