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Net Income (Loss) Per Share Attributable To Common Stockholders | 9 Months Ended
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Mar. 31, 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):
| 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. 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 |
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 March 31, 2025, no conversion was triggered for the Notes.

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