Stockholders' Equity and Stock-Based Compensation (Tables)

3 Months Ended

Sep. 30, 2022

Stockholders Equity And Stock Based Compensation [Abstract]

Schedule of Shares of Common Stock Reserved for Future Issuance

As of September 30, 2022, shares of common stock reserved for future issuance were as follows (in thousands):

	September 30, 2022
Stock plans:
Outstanding stock options		12,569
Unvested performance stock units and restricted stock units		6,768
Reserved for ESPP		2,198
Reserved for future stock award grants		3,480
Total shares of common stock reserved for issuance		25,015

Summary of Stock Option Activity

Stock option activity under the Company’s equity incentive plans during the three months ended September 30, 2022 was as follows (in thousands, except per share data):

	Number of Options			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (in years)		Aggregate Intrinsic Value (1)
Outstanding as of June 30, 2022		12,773		$	10.56		6.5	$	65,284
Granted		—			—
Exercised		(111	)		9.25
Forfeited		(93	)		16.75
Outstanding as of September 30, 2022		12,569		$	10.52		6.2	$	108,639
Vested and exercisable as of September 30, 2022		10,120		$	9.06		5.8	$	99,542
Vested and expected to vest as of September 30, 2022		12,569		$	10.52		6.2	$	108,639

(1)Aggregate intrinsic value for stock options represents the difference between the exercise price and the per share fair value of the Company’s common stock as of the end of the period, multiplied by the number of stock options outstanding.

Schedule of Performance Stock Unit Activity

Performance stock unit activity during the three months ended September 30, 2022 was as follows (in thousands, except per share data):

	Number of Shares			Weighted- Average Grant Date Fair Value
Balance as of June 30, 2022		3,470		$	26.40
Granted		1,507			16.16
Vested		(207	)		26.79
Forfeited		(106	)		26.00
Balance as of September 30, 2022		4,664		$	23.08

Schedule of Restricted Stock Unit Activity

Restricted stock unit activity during the three months ended September 30, 2022 was as follows (in thousands, except per share data):

	Number of Shares			Weighted- Average Grant Date Fair Value
Balance as of June 30, 2022		1,001		$	29.18
Granted		1,164			17.19
Vested		(29	)		36.61
Forfeited		(32	)		26.56
Balance as of September 30, 2022		2,104		$	22.46

Summary of Stock-Based Compensation Expense

The Company recorded stock-based compensation expense in the unaudited condensed consolidated statements of operations as follows (in thousands):

	Three Months Ended September 30,
	2022		2021
Cost of revenues
Cost of SaaS and support	$	285	$	168
Cost of professional services		748		580
Research and development		2,134		4,350
Sales and marketing		5,753		6,469
General and administrative		6,848		7,461
Total stock-based compensation	$	15,768	$	19,028