XML 27 R14.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

(Loss) Earnings Per Share | 12 Months Ended
--- | ---
Jun. 30, 2024
Earnings Per Share [Abstract] |
(Loss) Earnings Per Share | 3. (LOSS) EARNINGS PER SHARE The following table sets forth the computation of basic and diluted net (loss) income per share on the consolidated statements of operations:
|  | Fiscal Year Ended June 30, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Numerator: |  |  |  |  |  |  |  |  |
Net (loss) income |  | $ | (75,042 | ) |  | $ | (116,537 | ) |  | $ | 77,873 |
Denominator: |  |  |  |  |  |  |  |  |
Basic weighted average shares outstanding |  |  | 89,750 |  |  |  | 89,396 |  |  |  | 92,989 |
Effect of dilutive stock options, unvested restricted share units and unvested performance share units |  |  | — |  |  |  | — |  |  |  | 356 |
Diluted weighted average shares outstanding |  |  | 89,750 |  |  |  | 89,396 |  |  |  | 93,345 |
Basic net (loss) income per common share |  | $ | (0.84 | ) |  | $ | (1.30 | ) |  | $ | 0.84 |
Diluted net (loss) income per common share |  | $ | (0.84 | ) |  | $ | (1.30 | ) |  | $ | 0.83 |
Due to the Company's net loss in each of the twelve months ended June 30, 2024 and June 30, 2023, all common stock equivalents such as stock options, unvested restricted share units and performance share units have been excluded from the computation of diluted net loss per share. The effect of the stock options and unvested restricted share units would have been anti-dilutive to the computations. The performance share units were contingently issuable based on market conditions and such conditions had not been achieved during the year. There were 316 restricted share units excluded from the Company’s calculation of diluted net income per share for fiscal year 2022, as such awards were anti-dilutive. Additionally, 214 performance share units were excluded from the calculation of diluted net income per share for fiscal year 2022, as such awards were contingently issuable based on market or performance conditions, and such conditions had not been achieved during the year.

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 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
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration