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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net income (loss) $ (10,504) $ 28,676
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 3,941 4,865
Amortization of intangible assets 1,136 1,944
Reduction in carrying amount of right-of-use asset 2,449 2,931
Provision for credit losses 14 75
Share-based compensation 19,767 19,919
Deferred income taxes 39 (65)
Provision for excess and obsolete inventory [1] (624) 13,485
Non-cash interest expense 282 266
Other 746 (144)
Changes in operating assets and liabilities:    
Accounts receivable, net (7,709) 50,459
Inventories [1] (8,669) (25,431)
Prepaid expenses and other assets 3,096 (6,841)
Accounts payable 14,492 (20,097)
Accrued compensation and benefits 2,844 (19,488)
Operating lease liabilities (2,757) (3,297)
Deferred revenue 3,823 21,978
Other current and long-term liabilities (3,781) 6,400
Net cash provided by operating activities 18,585 75,635
Cash flows from investing activities:    
Capital expenditures (6,916) (4,314)
Net cash used in investing activities (6,916) (4,314)
Cash flows from financing activities:    
Net payments on revolving facility   (25,000)
Payments on debt obligations (2,500) (2,500)
Payments on debt financing costs (695)  
Repurchase of common stock   (24,889)
Payments for tax withholdings, net of proceeds from issuance of common stock (5,926) (29,072)
Net cash used in financing activities (9,121) (81,461)
Foreign currency effect on cash and cash equivalents 299 (252)
Net increase (decrease) in cash and cash equivalents 2,847 (10,392)
Cash and cash equivalents at beginning of period 156,699 234,826
Cash and cash equivalents at end of period $ 159,546 $ 224,434
[1] The prior period amounts have been reclassified to conform to the current period presentation