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Net Income (Loss) Per Share (Tables)
9 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

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

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

March 31,

2022

 

 

March 31,

2021

 

 

March 31,

2022

 

 

March 31,

2021

 

Net income (loss)

 

$

12,824

 

 

$

3,472

 

 

$

38,861

 

 

$

(8,390

)

Weighted-average shares used in per share calculation - basic

 

 

129,913

 

 

 

124,788

 

 

 

129,321

 

 

 

123,252

 

Options to purchase common stock

 

 

535

 

 

 

549

 

 

 

637

 

 

 

 

Restricted stock units

 

 

2,967

 

 

 

4,651

 

 

 

3,821

 

 

 

 

Weighted-average shares used in per share calculation - diluted

 

 

133,415

 

 

 

129,988

 

 

 

133,779

 

 

 

123,252

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per share - basic and diluted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per share - basic

 

$

0.10

 

 

$

0.03

 

 

$

0.30

 

 

$

(0.07

)

Net income (loss) per share - diluted

 

$

0.10

 

 

$

0.03

 

 

$

0.29

 

 

$

(0.07

)

 

Schedule of Antidilutive Securities Excluded from Earnings Per Share Calculation

The following securities were excluded from the computation of net income (loss) 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,

2022

 

 

March 31,

2021

 

 

March 31,

2022

 

 

March 31,

2021

 

Options to purchase common stock

 

 

 

 

 

637

 

 

 

 

 

 

1,864

 

Restricted stock units

 

 

118

 

 

 

17

 

 

 

57

 

 

 

8,994

 

Employee Stock Purchase Plan shares

 

 

386

 

 

 

480

 

 

 

127

 

 

 

158

 

Total shares excluded

 

 

504

 

 

 

1,134

 

 

 

184

 

 

 

11,016