XML 29 R19.htm IDEA: XBRL DOCUMENT v3.22.1
Income Taxes
 9 Months Ended
Mar. 31, 2022
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
The Company recorded a provision from income taxes of $2.1 million and $7.5 million for the three and nine months ended March 31, 2022, respectively, and a benefit of $9.1 million and $10.8 million for the three and nine months ended March 31, 2021, respectively. Furthermore, the Company's effective tax rates were (0.27)% and (0.48)% for the three and nine months ended March 31, 2022, respectively, and 51.67% and (9.53)% for the three and nine months ended March 31, 2021, respectively. The income tax provision and the effective tax rate is primarily driven by state and international taxes.

The Company maintains a valuation allowance on the majority of its deferred tax assets as it has concluded that it is more likely than not that the deferred assets will not be utilized.