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Net Income (Loss) Per Share (Tables)

12 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table presents the calculation of basic and diluted net income (loss) per share (in thousands, except per share data):

		Year Ended
		June 30, 2024				June 30, 2023				June 30,  2022
Net income (loss)		$	(85,964	)		$	78,074			$	44,271
Weighted-average shares used in per share calculation – basic			129,288				129,473				129,437
Options to purchase common stock			—				708				567
Restricted stock units			—				3,468				3,490
Weighted-average shares used in per share calculation – diluted			129,288				133,649				133,494
Net income (loss) per share – basic and diluted
Net income (loss) per share – basic		$	(0.66	)		$	0.60			$	0.34
Net income (loss) per share – diluted		$	(0.66	)		$	0.58			$	0.33

Schedule of Antidilutive Securities Excluded from Earnings Per Share Calculation

The following securities were excluded from the computation of net income (loss) per diluted share of common stock for the periods presented as their effect would have been anti-dilutive (in thousands):

						Year Ended
		June 30, 2024				June 30, 2023				June 30,  2022
Options to purchase common stock			1,126				—				—
Restricted stock units			5,946				153				99
Employee Stock Purchase Plan shares			193				181				400
Total shares excluded			7,265				334				499

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- References

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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- Definition

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.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
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