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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Net revenues:        
Total net revenues $ 284,505 $ 211,036 $ 833,064 $ 860,550
Cost of revenues:        
Total cost of revenues 109,096 91,135 313,025 344,343
Gross profit:        
Total gross profit 175,409 119,901 520,039 516,207
Operating expenses:        
Research and development 55,656 54,517 164,990 165,366
Sales and marketing 79,773 87,708 241,123 264,782
General and administrative 29,537 25,213 92,202 74,470
Restructuring and related (benefit) charges (441) 14,421 1,871 26,312
Amortization of intangible assets 507 511 1,528 1,531
Total operating expenses 165,032 182,370 501,714 532,461
Operating income (loss) 10,377 (62,469) 18,325 (16,254)
Interest income 972 1,239 2,657 3,895
Interest expense (3,797) (4,179) (12,398) (12,766)
Other income (expense), net (385) 361 (445) 373
Income (loss) before income taxes 7,167 (65,048) 8,139 (24,752)
Provision for (benefit from) income taxes 3,709 (623) 7,803 7,009
Net income (loss) $ 3,458 $ (64,425) $ 336 $ (31,761)
Basic and diluted income (loss) per share:        
Net income (loss) per share - basic $ 0.03 $ (0.5) $ 0 $ (0.25)
Net income (loss) per share - diluted $ 0.03 $ (0.5) $ 0 $ (0.25)
Shares used in per share calculation – basic 132,979 129,299 132,173 129,021
Shares used in per share calculation – diluted 134,590 129,299 133,770 129,021
Product        
Net revenues:        
Total net revenues $ 178,060 $ 106,442 $ 512,605 $ 546,536
Cost of revenues:        
Total cost of revenues 76,059 60,837 218,065 250,866
Gross profit:        
Total gross profit 102,001 45,605 294,540 295,670
Subscription and Support        
Net revenues:        
Total net revenues 106,445 104,594 320,459 314,014
Cost of revenues:        
Total cost of revenues 33,037 30,298 94,960 93,477
Gross profit:        
Total gross profit $ 73,408 $ 74,296 $ 225,499 $ 220,537