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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2021
Mar. 31, 2020
REVENUE:        
Total revenue $ 266,923 $ 148,604 $ 749,366 $ 390,068
OPERATING COSTS AND EXPENSES:        
Cost of revenue 71,439 43,367 206,605 126,488
Marketing and advertising 116,690 55,274 298,696 132,246
General and administrative 19,251 6,656 44,496 25,779
Technical development 4,860 2,865 13,458 9,088
Total operating costs and expenses 212,240 108,162 563,255 293,601
INCOME FROM OPERATIONS 54,683 40,442 186,111 96,467
INTEREST EXPENSE, NET (7,355) (9,356) (20,898) (16,239)
LOSS ON EXTINGUISHMENT OF DEBT (3,315) 0 (3,315) 0
OTHER EXPENSES, NET (349) (4) (1,545) (20)
INCOME BEFORE INCOME TAX EXPENSE 43,664 31,082 160,353 80,208
INCOME TAX EXPENSE 7,183 7,366 32,619 19,110
NET INCOME $ 36,481 $ 23,716 $ 127,734 $ 61,098
NET INCOME (LOSS) PER SHARE:        
Basic (in dollars per share) $ 0.22 $ 0.23 $ 0.79 $ (0.38)
Diluted (in dollars per share) $ 0.22 $ 0.17 $ 0.77 $ (0.38)
WEIGHTED-AVERAGE COMMON STOCK OUTSTANDING USED IN PER SHARE AMOUNTS:        
Basic (in shares) 163,023 92,077 162,705 89,989
Diluted (in shares) 165,731 138,754 165,495 89,989
OTHER COMPREHENSIVE INCOME NET OF TAX:        
Gain on cash flow hedge $ 1,810 $ 0 $ 1,669 $ 0
OTHER COMPREHENSIVE INCOME 1,810 0 1,669 0
COMPREHENSIVE INCOME 38,291 23,716 129,403 61,098
Commission        
REVENUE:        
Total revenue 236,793 137,455 664,312 353,926
Production bonus and other        
REVENUE:        
Total revenue $ 30,130 $ 11,149 $ 85,054 $ 36,142