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Information about Segments and Geographic Areas | 12 Months Ended
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Jun. 30, 2025
Segment Reporting [Abstract] |
Information about Segments and Geographic Areas | 12. Information about Segments and Geographic Areas The Company has one reportable segment, the development, marketing, and sale of network infrastructure equipment and related software. The Company conducts business globally and is managed geographically. Revenues are attributed to a geographical area. The Company operates in three geographical areas: Americas, EMEA, and APAC. See Note 3, Revenues, for additional information on the Company's revenues by geographic region. Measure of segment profit or loss: The Company’s chief operating decision maker (“CODM”), who is its Chief Executive Officer, reviews financial information presented on a consolidated basis and uses consolidated non-GAAP net income to measure segment profit or loss and to monitor period-over-period results to decide where to allocate and invest additional resources within the business. Consolidated non-GAAP net income is exclusive of certain items that are non-recurring or not consistent with the Company's operations. The CODM reviews and utilizes functional expenses (costs of revenue, research and development, sales and marketing, and general and administrative) at the consolidated level to manage and assess the Company's operations. Other segment items included in consolidated non-GAAP net income are interest income, interest expense, other income (expense), net, and the provision for (benefit from) income taxes, which are reflected in the consolidated statements of operations. A reconciliation of consolidated GAAP net income (loss) to consolidated non-GAAP net income is shown in the table below:
|  | Year Ended |
|  | June 30, 2025 |  |  | June 30, 2024 |  |  | June 30, 2023 |
GAAP net income (loss) |  | $ | (7,467 | ) |  | $ | (85,964 | ) |  | $ | 78,074 |
Adjustments: |  |  |  |  |  |  |  |  |
Share-based compensation expense |  |  | 82,314 |  |  |  | 76,763 |  |  |  | 63,472 |
Acquisition and integration costs |  |  | — |  |  |  | — |  |  |  | 390 |
Restructuring and related charges |  |  | 1,492 |  |  |  | 36,321 |  |  |  | 2,860 |
Litigation charges(1) |  |  | 34,722 |  |  |  | 10,545 |  |  |  | 8,026 |
System transition costs |  |  | 21,550 |  |  |  | 5,262 |  |  |  | 957 |
Amortization of intangibles |  |  | 4,443 |  |  |  | 5,243 |  |  |  | 14,916 |
Debt refinancing charges, Other income (expense) |  |  | 79 |  |  |  | — |  |  |  | 1,543 |
Tax effect of non-GAAP adjustments |  |  | (24,709 | ) |  |  | (4,815 | ) |  |  | (23,933 | )
Total adjustments to GAAP net income (loss) |  | $ | 119,891 |  |  | $ | 129,319 |  |  | $ | 68,231 |
Non-GAAP net income |  | $ | 112,424 |  |  | $ | 43,355 |  |  | $ | 146,305 |
(1)Litigation charges consist of estimated settlement and related legal expenses for non-recurring litigation offset by any proceeds received or expected to be received from insurance. Measure of segment assets: The measure of segment assets that is reviewed by the CODM is reported within the consolidated balance sheets as “Total assets”. Depreciation expense recorded for fiscal years ended June 30, 2025, 2024, and 2023 was $14.5 million, $23.9 million and $19.5 million, respectively. Total expenditures for additions to property, plant and equipment recorded for fiscal years ended June 30, 2025, 2024 and 2023 were $24.7 million, $18.1 million, and $13.8 million respectively. The Company’s long-lived assets are attributed to the geographic regions as follows (in thousands):
|  | Year Ended |
|  | June 30, 2025 |  |  | June 30, 2024 |
Segment long-lived assets: |  |  |  |  |  |
Americas |  | $ | 167,499 |  |  | $ | 136,745 |
EMEA |  |  | 40,299 |  |  |  | 33,715 |
APAC |  |  | 10,550 |  |  |  | 11,499 |
Total segment long-lived assets |  | $ | 218,348 |  |  | $ | 181,959 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name 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