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Net Income per Share | 9 Months Ended
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Mar. 31, 2026
Earnings Per Share [Abstract] |
Net Income per Share | 4. Net Income per Share Basic net income per sh are 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, unvested restricted stock units, and shares issuable related to the employee stock purchase plan (“ESPP”) using the treasury stock method. The following table presents the calculation of basic an d diluted net income per share:
|  | Three Months Ended |  |  | Nine Months Ended |
|  | March 31, |  |  | March 31, |
|  | 2026 |  |  | 2025 |  |  | 2026 |  |  | 2025 |
|  | (In thousands, except per share data) |  |  | (In thousands, except per share data) |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 7,362 |  |  | $ | 4,416 |  |  | $ | 62,124 |  |  | $ | 1,501 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares of common stock used in computing basic net income per share |  |  | 57,205 |  |  |  | 56,696 |  |  |  | 57,174 |  |  |  | 56,282 |
Weighted average effect of dilutive securities |  |  | 833 |  |  |  | 1,961 |  |  |  | 1,068 |  |  |  | 2,039 |
Weighted average shares of common stock used in computing diluted net income per share |  |  | 58,038 |  |  |  | 58,657 |  |  |  | 58,242 |  |  |  | 58,321 |
Net income per share: |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.13 |  |  | $ | 0.08 |  |  | $ | 1.09 |  |  | $ | 0.03 |
Diluted |  | $ | 0.13 |  |  | $ | 0.08 |  |  | $ | 1.07 |  |  | $ | 0.03 |
Securities excluded from weighted average shares of common stock used in computing diluted net income per share because the effect would have been anti-dilutive: (1) |  |  | 2,875 |  |  |  | 115 |  |  |  | 2,228 |  |  |  | 440 |
(1) These weighted shares relate to anti-dilutive stock options, restricted stock units, and shares issuable related to the ESPP 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://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
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