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Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2020
Net revenue:      
Net revenue $ 1,432,901 $ 1,721,152 $ 1,299,592
Cost of revenue:      
Cost of revenue 547,862 883,818 432,791
Gross profit 885,039 837,334 866,801
Remeasurement of tax receivable agreement liabilities 0 0 24,584
Other operating income 0 0 24,584
Operating expenses:      
Selling, general and administrative 576,879 532,326 459,859
Research and development 4,151 3,338 2,376
Amortization of purchased intangible assets 43,936 44,753 55,530
Operating expenses 624,966 580,417 517,765
Operating income 260,073 256,917 373,620
Equity in net income of unconsolidated affiliates 23,505 21,073 12,537
Interest and investment loss, net (11,142) (11,964) (11,313)
Gain (loss) on FFF Put and Call Rights 64,110 (27,352) 4,690
Other (expense) income, net (9,646) 11,967 4,153
Other income (expense), net 66,827 (6,276) 10,067
Income before income taxes 326,900 250,641 383,687
Income tax expense (benefit) 58,582 (53,943) 92,561
Net income from continuing operations 268,318 304,584 291,126
Income from discontinued operations, net of tax 0 0 1,054
Net income 268,318 304,584 292,180
Net income from continuing operations attributable to non-controlling interest (2,451) (17,062) (161,318)
Net income from discontinued operations attributable to non-controlling interest 0 0 (498)
Net income attributable to non-controlling interest (2,451) (17,062) (161,816)
Adjustment of redeemable limited partners' capital to redemption amount 0 (26,685) 468,311
Net income attributable to stockholders 265,867 260,837 598,675
Comprehensive income:      
Net income 268,318 304,584 292,180
Comprehensive income attributable to non-controlling interest (2,451) (17,062) (161,816)
Foreign currency translation loss (3) 0 0
Comprehensive income attributable to stockholders $ 265,864 $ 287,522 $ 130,364
Weighted average shares outstanding:      
Basic (shares) 120,220 116,527 67,035
Diluted (shares) 121,668 117,532 123,614
Basic earnings per share      
Continuing operations (usd per share) $ 2.21 $ 2.24 $ 8.92
Discontinued operations (usd per share) 0 0 0.01
Basic earnings per share attributable to stockholders (usd per share) 2.21 2.24 8.93
Diluted earnings per share      
Continuing operations (usd per share) 2.19 2.22 2.03
Discontinued operations (usd per share) 0 0 0.01
Diluted earnings per share attributable to stockholders (usd per share) $ 2.19 $ 2.22 $ 2.04
Services and software licenses      
Net revenue:      
Net revenue $ 1,039,395 $ 977,030 $ 1,029,647
Cost of revenue:      
Cost of revenue 183,984 170,773 188,275
Net administrative fees      
Net revenue:      
Net revenue 601,128 572,700 670,593
Software licenses, other services and support      
Net revenue:      
Net revenue 438,267 404,330 359,054
Products      
Net revenue:      
Net revenue 393,506 744,122 269,945
Cost of revenue:      
Cost of revenue $ 363,878 $ 713,045 $ 244,516