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Income Taxes (Tables)

12 Months Ended

Jun. 30, 2022

Income Tax Disclosure [Abstract]

Components of (Loss) Income Before Income Taxes

The components of (loss) income before income taxes were as follows (in thousands):

		Fiscal Year Ended June 30,
		2022				2021				2020
US		$	(6,022	)		$	29,433			$	17,824
Foreign			260				(104	)			862
Total		$	(5,762	)		$	29,329			$	18,686

Components of the (Benefit From) Provision For Income Taxes

The components of the (benefit from) provision for income taxes were as follows (in thousands):

		Fiscal Year Ended June 30,
		2022				2021				2020
Current:
Federal		$	—			$	(3	)		$	—
State			176				252				(3,110	)
Foreign			195				187				218
Total current provision for (benefit from) income taxes			371				436				(2,892	)
Deferred:
Federal			(1,032	)			4,732				2,504
State			147				606				972
Foreign			—				—				—
Total deferred (benefit from) provision for income taxes			(885	)			5,338				3,476
Total (benefit from) provision for income taxes		$	(514	)		$	5,774			$	584

Reconciliation Between Statutory Federal Income Tax (Benefit) Expense and Effective Tax (Benefit) Expense

The reconciliation between the statutory federal income tax (benefit) expense and the Company’s effective tax (benefit) expense was as follows (in thousands):

		Fiscal Year Ended June 30,
		2022				2021				2020
Statutory federal tax		$	(1,210	)		$	6,180			$	3,924
States taxes, net of federal (benefit) expense			(314	)			206				(2,124	)
Foreign rate differential			11				59				390
Stock-based compensation benefit			(774	)			(2,744	)			(1,633	)
Change in valuation allowance			(1,034	)			671				(444	)
Research and development credits			(1,174	)			(1,131	)			(759	)
Disqualified compensation expense			1,806				2,219				993
Uncertain tax position			385				349				333
Business divestitures			—				—				(241	)
Expired attributes			261				—				—
Foreign deferred adjustment			1,354				—				—
Other			175				(35	)			145
Effective income tax		$	(514	)		$	5,774			$	584

Components of Long-Term Deferred Tax Assets and Liabilities, Net

The components of the long-term deferred tax assets and liabilities, net were as follows (in thousands):

				June 30,
				2022				2021
Noncurrent deferred tax assets:
Reserves and accruals				$	1,019			$	1,608
Stock-based compensation expense					3,400				3,841
Intangible assets					—				4,444
Net operating loss					34,684				30,440
Fixed assets					217				135
Tax credits					11,748				10,279
Operating lease liabilities					1,894				3,108
Other					39				38
Total noncurrent deferred tax assets					53,001				53,893
Valuation allowance - long-term					(7,160	)			(8,193	)
Noncurrent deferred tax assets, net					45,841				45,700
Noncurrent deferred tax liabilities:
Intangibles					(2	)			—
Deferred acquisition costs					(215	)			—
Operating lease right-of-use assets					(1,404	)			(2,364	)
Noncurrent deferred tax liabilities					(1,621	)			(2,364	)
Total deferred tax assets, net				$	44,220			$	43,336

Reconciliation of Beginning and Ending Amounts of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amounts of unrecognized tax benefits was as follows (in thousands):

		Fiscal Year Ended June 30,
		2022				2021				2020
Balance at the beginning of the year		$	4,756			$	4,236			$	3,727
Gross increases - current period tax positions			542				535				406
Gross increases - prior period tax positions			—				—				106
Gross decreases - prior period tax positions			—				(7	)			—
Reductions as a result of lapsed statute of limitations			(2	)			(8	)			(3	)
Balance at the end of the year		$	5,296			$	4,756			$	4,236

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure of the change in unrecognized tax benefits.

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