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Net Income (Loss) Per Share (Tables)
9 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

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

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

March 31,
2025

 

 

March 31,
2024

 

 

March 31,
2025

 

 

March 31,
2024

 

Net income (loss)

 

$

3,458

 

 

$

(64,425

)

 

$

336

 

 

$

(31,761

)

Weighted-average shares used in per share calculation – basic

 

 

132,979

 

 

 

129,299

 

 

 

132,173

 

 

 

129,021

 

Options to purchase common stock

 

 

452

 

 

 

 

 

 

528

 

 

 

 

Restricted stock units

 

 

1,155

 

 

 

 

 

 

1,069

 

 

 

 

Employee Stock Purchase Plan shares

 

 

4

 

 

 

 

 

 

 

 

 

 

Weighted-average shares used in per share calculation – diluted

 

 

134,590

 

 

 

129,299

 

 

 

133,770

 

 

 

129,021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per share – basic and diluted

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per share – basic

 

$

0.03

 

 

$

(0.50

)

 

$

0.00

 

 

$

(0.25

)

Net income (loss) per share – diluted

 

$

0.03

 

 

$

(0.50

)

 

$

0.00

 

 

$

(0.25

)

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):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

March 31,
2025

 

 

March 31,
2024

 

 

March 31,
2025

 

 

March 31,
2024

 

Options to purchase common stock

 

 

 

 

 

1,083

 

 

 

 

 

 

1,144

 

Restricted stock units

 

 

1,349

 

 

 

5,577

 

 

 

1,258

 

 

 

6,269

 

Employee Stock Purchase Plan shares

 

 

345

 

 

 

266

 

 

 

114

 

 

 

88

 

Total shares excluded

 

 

1,694

 

 

 

6,926

 

 

 

1,372

 

 

 

7,501