v3.26.1
Net Income Per Share
12 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Net Income Per Share
(18) Net Income Per Share
Basic net income per share is computed using the weighted-average number of common shares outstanding during the period. Diluted net income per share is computed using the weighted-average number of common shares outstanding during the period and, if dilutive, potential common shares outstanding during the period. The Company’s potential common shares consist of the incremental common shares issuable upon the exercise of stock options, the release of restricted stock units and market share units and the shares purchasable via the employee stock purchase plan as of the balance sheet date.
The following table presents the calculation of basic and diluted net income per share:
Year Ended June 30,
202420252026
Numerator:
Net income$206,766 $227,127 $269,741 
Denominator:
Weighted-average shares used in computing net income per share:
Basic56,214 55,649 54,082 
Weighted-average effect of potentially dilutive shares:
Employee stock options, restricted stock units, performance stock units and market stock units762 901 688 
Diluted56,976 56,550 54,770 
Net income per share:
Basic$3.68 $4.08 $4.99 
Diluted$3.63 $4.02 $4.92 
The following table summarizes the outstanding restricted stock units and market stock units as of the balance sheet date that were excluded from the diluted per share calculation for the periods presented because to include them would have been anti-dilutive:
Year Ended June 30,
202420252026
Restricted stock units12 31 
Performance stock units— — 22 
Market stock units12 68 — 
Total24 76 53