v3.25.4

NET INCOME PER SHARE (Tables) | 6 Months Ended
--- | ---
Dec. 31, 2025
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted | The following table sets forth the computation of net income per share for the periods presented:
| Three Months Ended December 31, | Six Months Ended December 31,
(in thousands, except per share amounts) | 2025 |  | 2024 | 2025 |  | 2024 |  |
Numerator: |  |  |  |  |  |  |  |
Net income attributable to common shareholders, basic | $ | 51,168 |  |  | $ | 53,236 |  | $ | 3,227 |  |  | $ | 8,690 |  |  |
Change in fair value of warrants(1) | (1,112) |  |  | — |  | (1,962) |  |  | — |  |  |
Net income attributable to common shareholders, diluted | 50,056 |  |  | 53,236 |  | 1,265 |  |  | 8,690 |  |  |
Denominator: |  |  |  |  |  |  |  |
Weighted-average common stock outstanding, basic | 187,573 |  |  | 171,802 |  | 186,694 |  |  | 171,116 |  |  |
Stock options outstanding to purchase shares of common stock including unvested RSUs and from the ESPP | 1,247 |  |  | 3,299 |  | 2,024 |  |  | 3,908 |  |  |
Dilutive effect of warrants to purchase common stock | 2,010 |  |  | — |  | 2,012 |  |  | — |  |  |
Weighted-average common stock outstanding, diluted | 190,830 |  |  | 175,101 |  | 190,730 |  |  | 175,024 |  |  |
Net income per share—basic: | $ | 0.27 |  |  | $ | 0.31 |  | $ | 0.02 |  |  | $ | 0.05 |  |  |
Net income per share—diluted: | $ | 0.26 |  |  | $ | 0.30 |  | $ | 0.01 |  |  | $ | 0.05 |  |  |
(1) Includes the change in fair value of warrant liabilities to the extent the related warrants to purchase common stock are dilutive or the effect is not anti-dilutive.
Schedule of Antidilutive Securities Excluded from Computation of Income (Loss) Per Share | The weighted average potential shares of common stock that were excluded from the calculation of net income per share-diluted for the periods presented because including them would have been anti-dilutive consisted of the following:
| Three Months Ended December 31, | Six Months Ended December 31,
(in thousands) | 2025 |  | 2024 |  | 2025 |  | 2024 |  |
Stock options outstanding to purchase shares of common stock, unvested RSUs and shares from the ESPP | 5,357 |  |  | 4,875 |  |  | 4,850 |  |  | 4,164 |  |  |
The weighted average potential shares of common stock that were excluded from the calculation of net income per share-diluted because the performance or market conditions associated with these awards were not met are as follows for the periods presented:
| Three Months Ended December 31, |  | Six Months Ended December 31,
(in thousands) | 2025 |  | 2024 |  | 2025 |  | 2024 |  |
Shares subject to outstanding PVUs | 8,412 |  |  | 8,151 |  |  | 8,526 |  |  | 7,393 |  |  |
The weighted average potential shares of common stock that were excluded from the calculation of net income per share-diluted because the exercise price of the warrants exceeded the average market price of the Company's common stock or the effect would have been anti-dilutive for the periods presented:
| Three Months Ended December 31, |  | Six Months Ended December 31,
(in thousands) | 2025 |  | 2024 |  | 2025 |  | 2024 |  |
Warrants to purchase shares of common stock | 22,920 |  |  | 5,568 |  |  | 22,920 |  |  | 5,568 |  |  |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration