v3.22.4
Basis of Presentation (Tables)
6 Months Ended
Dec. 31, 2022
Basis of Presentation  
Schedule of computation of basic and diluted earnings per share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts):

    

Three Months Ended December 31, 

    

Six Months Ended December 31, 

2021

    

2022

    

2021

    

2022

Net income available to common stockholders

$

19,797

$

16,354

$

38,849

$

27,589

Weighted average shares outstanding—basic

 

17,838

 

16,841

 

17,892

 

16,882

Dilutive effect of equity awards

 

268

 

262

 

311

 

258

Weighted average shares outstanding—diluted

 

18,106

 

17,103

 

18,203

 

17,140

Basic earnings per share

$

1.11

$

0.97

$

2.17

$

1.63

Diluted earnings per share

$

1.09

$

0.96

$

2.13

$

1.61

Shares excluded from diluted earnings per share due to their anti-dilutive effect

62

101

25

79

Schedule of fair values of our financial assets and liabilities

The fair values of our financial assets and liabilities are categorized as follows (in thousands):

    

June 30, 2022

    

December 31, 2022

    

Level 1

    

Level 2

    

Level 3

    

Total

    

Level 1

    

Level 2

    

Level 3

    

Total

Assets—Insurance company contracts

$

$

40,284

$

$

40,284

$

$

42,238

$

$

42,238

Assets – Interest rate swap contract

$

$

$

$

$

$

3,434

$

$

3,434

Liabilities—Convertible debt

$

$

242,302

$

$

242,302

$

$

$

$

Liabilities—Contingent consideration

$

$

$

28,212

$

28,212

$

$

$

22,654

$

22,654

Summary of effect of the cash flow hedges on other comprehensive income (loss) and earnings

    

Three Months Ended December 31, 

    

Six Months Ended December 31, 

2021

    

2022

2021

    

2022

Total interest and other expense, net presented in the condensed consolidated statements of operations in which the effects of cash flow hedges are recorded

$

(2,217)

$

(5,180)

$

(4,233)

$

(8,612)

Gain (loss) recognized in other comprehensive income (loss)

 

 

(1,012)

 

 

2,528

Amount reclassified from accumulated other comprehensive income (loss) to interest expense, net

 

 

(149)

 

 

(29)