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Net Income per Share | 9 Months Ended
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Mar. 31, 2019
Earnings Per Share [Abstract] |
Net Income per Share | 4. Net Income per Share Basic net income per share is computed by dividing net income by the weighted-average number of shares of common stock outstanding during the period. Diluted net income per share is computed by using the weighted-average number of shares of common stock outstanding, including potential dilutive shares of common stock assuming the dilutive effect of outstanding stock options and restricted stock units using the treasury stock method. The following table presents the calculation of basic and diluted net income per share:
|  | Three Months Ended |  |  | Nine Months Ended |
|  | March 31, |  |  | March 31, |
|  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
|  | (In thousands, except per share data) |  |  | (In thousands, except per share data) |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic and Diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 941 |  |  | $ | 7,117 |  |  | $ | 59,064 |  |  | $ | 10,509 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted-average shares of common stock used in computing basic net income per share |  |  | 49,907 |  |  |  | 46,602 |  |  |  | 49,349 |  |  |  | 46,047 |
Diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted-average shares of common stock used in computing basic net income per share |  |  | 49,907 |  |  |  | 46,602 |  |  |  | 49,349 |  |  |  | 46,047 |
Weighted-average effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Stock options |  |  | 1,697 |  |  |  | 1,967 |  |  |  | 1,787 |  |  |  | 1,138 |
Restricted stock units |  |  | 1,328 |  |  |  | 2,706 |  |  |  | 1,545 |  |  |  | 2,016 |
Weighted-average shares of common stock used in computing diluted net income per share |  |  | 52,932 |  |  |  | 51,275 |  |  |  | 52,681 |  |  |  | 49,201 |
Net income per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.02 |  |  | $ | 0.15 |  |  | $ | 1.20 |  |  | $ | 0.23 |
Diluted |  | $ | 0.02 |  |  | $ | 0.14 |  |  | $ | 1.12 |  |  | $ | 0.21 |
Securities excluded from weighted-average shares used in computing diluted net income per share because the effect would have been anti-dilutive: (1) |  |  | 117 |  |  |  | 155 |  |  |  | 104 |  |  |  | 1,444 |
(1) | These weighted-shares relate to anti-dilutive stock options and restricted stock units as calculated using the treasury stock method and could be dilutive in the future.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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