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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income $ 28,676 $ 12,585
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 4,865 4,953
Amortization of intangible assets 1,944 4,128
Reduction in carrying amount of right-of-use asset 2,931 3,063
Provision for doubtful accounts 75 23
Share-based compensation 19,919 13,789
Deferred income taxes (65) (85)
Non-cash interest expense 266 552
Other (144) (3,595)
Changes in operating assets and liabilities:    
Accounts receivable 50,459 25,347
Inventories (11,946) (2,671)
Prepaid expenses and other assets (6,841) (318)
Accounts payable (20,097) (591)
Accrued compensation and benefits (19,488) (6,564)
Operating lease liabilities (3,297) (3,952)
Deferred revenue 21,978 9,699
Other current and long-term liabilities 6,400 (6,629)
Net cash provided by operating activities 75,635 49,734
Cash flows from investing activities:    
Capital expenditures (4,314) (3,139)
Net cash used in investing activities (4,314) (3,139)
Cash flows from financing activities:    
Payments on revolving facility (25,000)  
Payments on debt obligations (2,500) (37,125)
Repurchase of common stock (24,889)  
Payments for tax withholdings, net of proceeds from issuance of common stock (29,072) (3,999)
Deferred payments on an acquisition   (1,000)
Net cash used in financing activities (81,461) (42,124)
Foreign currency effect on cash and cash equivalents (252) (649)
Net increase (decrease) in cash and cash equivalents (10,392) 3,822
Cash and cash equivalents at beginning of period 234,826 194,522
Cash and cash equivalents at end of period $ 224,434 $ 198,344