Employee Benefit Plans (Tables)

12 Months Ended

Jun. 30, 2023

Share-Based Payment Arrangement, Noncash Expense [Abstract]

Shares Reserved for Issuance

The Company had the following reserved shares of common stock for future issuance as of the dates noted (in thousands):

	June 30, 2023		June 30, 2022
2013 Equity Incentive Plan shares available for grant		9,995		11,430
Employee stock options and awards outstanding		10,038		7,616
2014 Employee Stock Purchase Plan		8,467		9,961
Total shares reserved for issuance		28,500		29,007

Summary of Stock Option Activity

The following table summarizes stock option activity under all plans for the year ended June 30, 2023 (in thousands except per share amount and contractual term):

	Number of Shares		Weighted-Average Exercise Price Per Share		Weighted-Average Remaining Contractual Term (years)		Aggregate Intrinsic Value
Options outstanding at June 30, 2022		1,187	$	6.56		3.70	$	2,801
Granted		—		—
Exercised		—		—
Canceled		—		—
Options outstanding at June 30, 2023		1,187	$	6.56		2.70	$	23,136
Vested and expected to vest at June 30, 2023		1,187	$	6.56		2.70	$	23,136
Exercisable at June 30, 2023		1,147	$	6.56		2.68	$	22,366

Summary of Stock Award Activity

The following table summarizes stock award activity for the year ended June 30, 2023 (in thousands, except grant date fair value):

	Number of Shares			Weighted- Average Grant Date Fair Value		Aggregate Fair Value
Non-vested stock awards outstanding at June 30, 2022		6,429		$	9.57
Granted		7,012			15.24
Released		(3,805	)		8.49
Canceled		(785	)		12.73
Non-vested stock awards outstanding at June 30, 2023		8,851		$	14.25	$	230,564
Stock awards expected to vest at June 30, 2023		8,851		$	14.25	$	230,564

Schedule of Awards Performance Thresholds and Shares Expected to Vest (TSR PSUs)

The MSU award represents the right to receive a target number of shares of common stock up to 150% of the original grant. The MSUs vest based on the Company’s TSR relative to the TSR of the Index over 3 years performance period subject to the grantees’ continued service through the certification of performance.

Level	Relative TSR	Shares Vested
Below Threshold	TSR is less than the Index by more than 37.5 percentage points	0%
Threshold	TSR is less than the Index by 37.5 percentage points	25%
Target	TSR equals the Index	100%
Maximum	TSR is greater than the Index by 25 percentage points or more	150%

Summary of Stock Awards with Market or Performance Based Conditions Granted

The following table summarizes stock awards with market or performance-based conditions granted and the number of awards that have satisfied the relevant market or performance criteria in each period (in thousands):

	Fiscal Year 2023		Fiscal Year 2022		Fiscal Year 2021
Performance awards granted		1,221		727		475
Performance awards earned		400		158		—

Schedule of Recognized Share-based Compensation Expense

Share-based compensation expense recognized in the financial statements by line-item caption is as follows (in thousands):

	Year Ended
	June 30, 2023		June 30, 2022		June 30,  2021
Cost of product revenues	$	1,856	$	1,186	$	1,209
Cost of service and subscription revenues		3,513		1,421		1,662
Research and development		14,824		9,995		9,969
Sales and marketing		22,250		15,000		12,505
General and administrative		21,029		15,760		13,706
Total share-based compensation expense	$	63,472	$	43,362	$	39,051

Schedule of Fair Value Assumptions for Employee Stock Purchase Plan

The weighted-average estimated per share fair value of shares under the 2014 ESPP in fiscal years 2023, 2022 and 2021, was $4.87, $3.32 and $2.47, respectively.

	Employee Stock Purchase Plan
	Year Ended
	June 30, 2023			June 30, 2022			June 30,  2021
Expected term	0.5 years			0.5 years			0.5 years
Risk-free interest rate		3.84	%		0.33	%		0.09	%
Volatility		55	%		49	%		95	%
Dividend yield		—	%		—	%		—	%