Net Income Per Share (Tables)

9 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

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

	Three Months Ended				Nine Months Ended
	March 31, 2023		March 31, 2022		March 31, 2023		March 31, 2022
Net income	$	22,131	$	12,824	$	52,647	$	38,861
Weighted-average shares used in per share calculation – basic		128,816		129,913		129,864		129,321
Options to purchase common stock		748		535		678		637
Restricted stock units		3,461		2,967		3,174		3,821
Weighted-average shares used in per share calculation – diluted		133,025		133,415		133,716		133,779
Net income per share – basic and diluted
Net income per share – basic	$	0.17	$	0.10	$	0.41	$	0.30
Net income per share – diluted	$	0.17	$	0.10	$	0.39	$	0.29

Schedule of Antidilutive Securities Excluded from Earnings Per Share Calculation

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

	Three Months Ended				Nine Months Ended
	March 31, 2023		March 31, 2022		March 31, 2023		March 31, 2022
Restricted stock units		143		118		116		57
Employee Stock Purchase Plan shares		238		386		78		127
Total shares excluded		381		504		194		184