v3.25.4
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash flows from operating activities:    
Net income (loss) $ 13,487 $ (3,122)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 7,793 7,804
Amortization of intangible assets 1,870 2,251
Amortization of cloud computing implementation costs 1,025  
Reduction in carrying amount of right-of-use asset 5,104 4,894
Provision for credit losses 320 27
Share-based compensation 44,679 41,219
Deferred income taxes 414 (987)
Provision for (benefit from) excess and obsolete inventory 1,270 (271)
Non-cash interest expense 609 594
Other 951 (801)
Changes in operating assets and liabilities:    
Accounts receivable, net (26,039) (28,083)
Inventories 15,821 411
Prepaid expenses and other assets (25,724) (9,969)
Accounts payable 766 1,177
Accrued compensation and benefits 3,342 16,995
Operating lease liabilities (5,554) (5,375)
Deferred revenue 27,920 17,421
Other current and long-term liabilities (31,914) (4,067)
Net cash provided by operating activities 36,140 40,118
Cash flows from investing activities:    
Capital expenditures for property, equipment and capitalized software development costs (13,922) (12,325)
Net cash used in investing activities (13,922) (12,325)
Cash flows from financing activities:    
Borrowings under revolving facility 25,000  
Payments on revolving facility (25,000)  
Payments on debt obligations (7,500) (5,000)
Payments on debt financing costs   (695)
Repurchase of common stock (12,000)  
Payments for tax withholdings, net of proceeds from issuance of common stock (14,498) (8,300)
Net cash used in financing activities (33,998) (13,995)
Foreign currency effect on cash and cash equivalents (174) (175)
Net increase (decrease) in cash and cash equivalents (11,954) 13,623
Cash and cash equivalents at beginning of period 231,745 156,699
Cash and cash equivalents at end of period $ 219,791 $ 170,322