XML 49 R38.htm IDEA: XBRL DOCUMENT v3.23.1

Equity Incentive Plans (Tables)

9 Months Ended

Mar. 31, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Stock Option Activity

The following table summarizes our stock option activity for the nine months ended March 31, 2023:

						Number of Options						Weighted Average Exercise Price						Weighted Average Remaining Contractual Term (Years)						Aggregate Intrinsic Value (in thousands)
Balance as of June 30, 2022						19,310,706						$	15.22					6.94
Granted						1,991,427						19.10
Exercised						(726,425)						4.39
Forfeited, expired or cancelled						(993,984)						37.14
Balance as of March 31, 2023						19,581,724						14.92						6.27
Vested and exercisable, March 31, 2023						14,385,171						$	10.14					5.61						$	62,657
Vested and exercisable, and expected to vest thereafter(1) March 31, 2023						19,341,889						$	14.66					6.25						$	64,261

(1)Options expected to vest reflect the application of an estimated forfeiture rate.

Schedule of Restricted Stock Unit Activity

The following table summarizes our RSU activity during the nine months ended March 31, 2023:

						Number of Shares						Weighted Average Grant Date Fair Value
Non-vested as of June 30, 2022						21,387,592						$	38.41
Granted						15,977,301						23.18
Vested						(10,118,647)						34.01
Forfeited, expired or cancelled						(4,911,072)						37.43
Non-vested as of March 31, 2023						22,335,174						$	29.72

Schedule of Components and Classification of Stock-based Compensation

The following table presents the components and classification of stock-based compensation (in thousands):

						Three Months Ended March 31,												Nine Months Ended March 31,
						2023						2022						2023						2022
General and administrative						$	54,789					$	58,100					$	188,788					$	187,789
Technology and data analytics						45,040						33,639						137,002						75,133
Sales and marketing						5,840						5,998						19,517						15,655
Processing and servicing						1,120						650						3,065						1,536
Total stock-based compensation in operating expenses						106,789						98,387						348,372						280,113
Capitalized into property, equipment and software, net						19,113						14,618						62,760						39,691
Total stock-based compensation expense						$	125,902					$	113,005					$	411,132					$	319,804

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (e)
-URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration