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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Net revenues:        
Total net revenues $ 211,036 $ 332,507 $ 860,550 $ 948,544
Cost of revenues:        
Total cost of revenues 91,135 140,569 344,343 408,243
Gross profit:        
Total gross profit 119,901 191,938 516,207 540,301
Operating expenses:        
Research and development 54,517 54,837 165,366 158,444
Sales and marketing 87,708 83,962 264,782 242,882
General and administrative 25,213 21,683 74,470 64,315
Acquisition and integration costs       390
Restructuring and related charges 14,421 1,363 26,312 2,320
Amortization of intangible assets 511 510 1,531 1,537
Total operating expenses 182,370 162,355 532,461 469,888
Operating income (loss) (62,469) 29,583 (16,254) 70,413
Interest income 1,239 774 3,895 2,055
Interest expense (4,179) (3,946) (12,766) (11,656)
Other income (expense), net 361 (367) 373 142
Income (loss) before income taxes (65,048) 26,044 (24,752) 60,954
Provision for (benefit from) income taxes (623) 3,913 7,009 8,307
Net income (loss) $ (64,425) $ 22,131 $ (31,761) $ 52,647
Basic and diluted income (loss) per share:        
Net income (loss) per share - basic $ (0.5) $ 0.17 $ (0.25) $ 0.41
Net income (loss) per share - diluted $ (0.5) $ 0.17 $ (0.25) $ 0.39
Shares used in per share calculation – basic 129,299 128,816 129,021 129,864
Shares used in per share calculation – diluted 129,299 133,025 129,021 133,716
Product        
Net revenues:        
Total net revenues $ 106,442 $ 241,058 $ 546,536 $ 670,779
Cost of revenues:        
Total cost of revenues 60,837 108,915 250,866 312,265
Gross profit:        
Total gross profit 45,605 132,143 295,670 358,514
Subscription and Support        
Net revenues:        
Total net revenues 104,594 91,449 314,014 277,765
Cost of revenues:        
Total cost of revenues 30,298 31,654 93,477 95,978
Gross profit:        
Total gross profit $ 74,296 $ 59,795 $ 220,537 $ 181,787