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Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
Mar. 31, 2022
Net revenue:        
Net revenue $ 322,232 $ 347,833 $ 995,731 $ 1,092,195
Cost of revenue:        
Cost of revenue 103,162 135,356 331,935 431,242
Gross profit 219,070 212,477 663,796 660,953
Operating expenses:        
Selling, general and administrative 143,587 143,676 416,165 418,330
Research and development 1,001 826 2,976 2,666
Amortization of purchased intangible assets 11,916 11,151 35,415 32,890
Operating expenses 156,504 155,653 454,556 453,886
Operating income 62,566 56,824 209,240 207,067
Equity in net income of unconsolidated affiliates 4,630 3,991 14,547 17,165
Interest expense, net (4,269) (2,804) (11,759) (8,465)
Gain on FFF Put and Call Rights 0 0 0 64,110
Other income (expense), net 2,954 (4,248) 3,720 (2,176)
Other income (expense), net 3,315 (3,061) 6,508 70,634
Income before income taxes 65,881 53,763 215,748 277,701
Income tax expense 17,232 14,694 59,766 40,094
Net income 48,649 39,069 155,982 237,607
Net income attributable to non-controlling interest (1,848) (654) (2,419) (1,643)
Net income attributable to stockholders 46,801 38,415 153,563 235,964
Comprehensive income:        
Net income 48,649 39,069 155,982 237,607
Comprehensive income attributable to non-controlling interest (1,848) (654) (2,419) (1,643)
Foreign currency translation gain (loss) 1 4 (8) 3
Comprehensive income attributable to stockholders $ 46,802 $ 38,419 $ 153,555 $ 235,967
Weighted average shares outstanding:        
Basic (in shares) 118,872 118,697 118,668 120,957
Diluted (in shares) 119,816 119,813 119,832 122,302
Earnings per share attributable to stockholders:        
Basic (in dollars per share) $ 0.39 $ 0.32 $ 1.29 $ 1.95
Diluted (in dollars per share) $ 0.39 $ 0.32 $ 1.28 $ 1.94
Services and software licenses        
Net revenue:        
Net revenue $ 265,020 $ 254,204 $ 812,665 $ 768,370
Cost of revenue:        
Cost of revenue 54,149 46,735 163,428 136,326
Net administrative fees        
Net revenue:        
Net revenue 148,441 148,396 452,870 448,261
Software licenses, other services and support        
Net revenue:        
Net revenue 116,579 105,808 359,795 320,109
Products        
Net revenue:        
Net revenue 57,212 93,629 183,066 323,825
Cost of revenue:        
Cost of revenue $ 49,013 $ 88,621 $ 168,507 $ 294,916