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Business Combination (Tables)
6 Months Ended
Dec. 31, 2022
Ipanema  
Summary of Unaudited Pro Forma Financial Information

The following table summarizes the unaudited pro forma financial information (in thousands, except per share amounts):

 

 

Three months ended

 

Six Months Ended

 

December 31,

2021*

 

December 31,

2021*

 

 

Net revenues

$

280,438

 

$

551,743

 

 

Net income

$

15,562

 

$

29,631

 

 

Net income per share – basic

$

0.12

 

$

0.23

 

 

Net income per share – diluted

$

0.12

 

$

0.22

 

 

Shares used in per share calculation – basic

 

129,403

 

 

128,863

 

 

Shares used in per share calculation – diluted

 

133,621

 

 

133,423

 

 

 

*Amount reflects the adoption of ASU 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers, which the Company early adopted the standard in the quarter ended December 31, 2021 and retrospectively applied to the fiscal year beginning July 1, 2021.