v3.25.2
Net Income (Loss) Per Share (Tables)
12 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

The following table presents the calculation of basic and diluted net income (loss) per share (in thousands, except per share data):

 

 

Year Ended

 

 

 

June 30,
2025

 

 

June 30,
2024

 

 

June 30,
 2023

 

Net income (loss)

 

$

(7,467

)

 

$

(85,964

)

 

$

78,074

 

Weighted-average shares used in per share calculation – basic

 

 

132,331

 

 

 

129,288

 

 

 

129,473

 

Options to purchase common stock

 

 

 

 

 

 

 

 

708

 

Restricted stock units

 

 

 

 

 

 

 

 

3,468

 

Weighted-average shares used in per share calculation – diluted

 

 

132,331

 

 

 

129,288

 

 

 

133,649

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per share – basic and diluted

 

 

 

 

 

 

 

 

 

Net income (loss) per share – basic

 

$

(0.06

)

 

$

(0.66

)

 

$

0.60

 

Net income (loss) per share – diluted

 

$

(0.06

)

 

$

(0.66

)

 

$

0.58

 

Schedule of Antidilutive Securities Excluded from Earnings Per Share Calculation

The following securities were excluded from the computation of net income (loss) per diluted share of common stock for the periods presented as their effect would have been anti-dilutive (in thousands):

 

 

 

 

 

Year Ended

 

 

 

 

 

 

June 30,
2025

 

 

June 30,
2024

 

 

June 30,
 2023

 

Options to purchase common stock

 

 

841

 

 

 

1,126

 

 

 

 

Restricted stock units

 

 

5,419

 

 

 

5,946

 

 

 

153

 

Employee Stock Purchase Plan shares

 

 

216

 

 

 

193

 

 

 

181

 

Total shares excluded

 

 

6,476

 

 

 

7,265

 

 

 

334