Net Income per Share (Tables)

9 Months Ended

Mar. 31, 2021

The following table presents the calculation of basic and diluted net income per share:

	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2021		2020		2021		2020
	(In thousands, except per share data)				(In thousands, except per share data)
Numerator:
Basic and Diluted:
Net income	$	5,037	$	13,919	$	20,184	$	16,600
Denominator:
Basic:
Weighted-average shares of common stock used in computing basic net income per share		53,427		51,807		52,988		51,353
Diluted:
Weighted-average shares of common stock used in computing basic net income per share		53,427		51,807		52,988		51,353
Weighted-average effect of dilutive securities:
Stock options		764		968		829		1,148
Restricted stock units		1,432		664		1,198		915
Weighted-average shares of common stock used in computing diluted net income per share		55,623		53,439		55,015		53,416
Net income per share:
Basic	$	0.09	$	0.27	$	0.38	$	0.32
Diluted	$	0.09	$	0.26	$	0.37	$	0.31
Securities excluded from weighted-average shares used in computing diluted net income per share because the effect would have been anti-dilutive ⁽¹⁾		4		1,317		65		965

⁽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.