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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jun. 30, 2023

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of fair values of our financial assets and liabilities

The fair values of our financial assets and liabilities as of June 30, 2022 and 2023 are categorized as follows (in thousands):

​

​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
​		June 30, 2022												June 30, 2023
​		Level 1			Level 2			Level 3			Total			Level 1			Level 2			Level 3			Total
Assets—Insurance company contracts	​	$	—	​	$	40,284	​	$	—	​	$	40,284	​	$	—	​	$	47,181	​	$	—	​	$	47,181
Assets—Interest rate swap contract	​	$	—	​	$	—	​	$	—	​	$	—	​	$	—	​	$	5,369	​	$	—	​	$	5,369
Liabilities—Convertible debt	​	$	—	​	$	242,302	​	$	—	​	$	242,302	​	$	—	​	$	—	​	$	—	​	$	—
Liabilities—Contingent consideration	​	$	—	​	$	—	​	$	28,212	​	$	28,212	​	$	—	​	$	—	​	$	21,181	​	$	21,181

Summary of unrealized gains and losses from our foreign currency forward contracts

​

​	​	​	​	​	​	​
​	​	Fiscal Year Ended June 30,
​		2022			2023
Total interest and other expense, net presented in the condensed consolidated statements of operations in which the effects of cash flow hedges are recorded	​	$	—	​	$	(20,041)
Gain recognized in other comprehensive income	​		—	​		3,892
Amount reclassified from accumulated other comprehensive income (loss) to interest expense, net	​		—	​		1,343

Schedule of computation of basic and diluted earnings per share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts):

​

​	​	​	​	​	​	​	​	​	​
​		2021			2022			2023
Net income available to common stockholders	​	$	74,049	​	$	115,347	​	$	91,778
Weighted average shares outstanding—basic	​		17,968	​		17,551	​		16,828
Dilutive effect of equity awards	​		420	​		319	​		362
Weighted average shares outstanding—diluted	​		18,388	​		17,870	​		17,190
Basic earnings per share	​	$	4.12	​	$	6.57	​	$	5.45
Diluted earnings per share	​	$	4.03	​	$	6.45	​	$	5.34
Weighted average shares excluded from diluted earnings per share due to their anti-dilutive effect	​	​	47	​	​	47	​	​	49

Schedule of warranty provision

​

​	​	​	​
Warranty provision as of June 30, 2020		$	20,825
Warranty claims provided for/assumed in acquisition	​		5,419
Settlements made	​		(6,508)
Warranty provision as of June 30, 2021	​	$	19,736
Warranty claims provided for/assumed in acquisition	​		3,474
Settlements made	​		(9,863)
Warranty provision as of June 30, 2022	​	$	13,347
Warranty claims provided for/assumed in acquisition	​		4,193
Settlements made	​		(6,391)
Warranty provision as of June 30, 2023	​	$	11,149

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Tabular disclosure for cash flow hedging instruments of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position.

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Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

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Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability.

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