Net Income (Loss) Per Share Attributable To Common Stockholders (Tables)

9 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Net Loss per Share

The following table presents the calculation of basic and diluted net income (loss) per share attributable to common stockholders (in thousands, except per share amounts):

	Three Months Ended March 31,				Nine Months Ended March 31,
	2024 (1)		2023		2024		2023
Numerator:
Net income (loss) attributable to common stockholders
Basic	$	31,809	$	(31,138)	$	(36,473)	$	(207,854)
Gain on debt extinguishment and change on mark to market derivatives, net of amortization of debt issuance costs,	(31,641)		—		—		—
Diluted	$	168	$	(31,138)	$	(36,473)	$	(207,854)
Denominator:
Weighted-average shares used to compute net income (loss) per share attributable to common stockholders
Basic	105,436		106,597		106,045		105,843
Effect of dilutive securities:
Convertible senior notes	3,721		—		—		—
Equity awards	2,019		—		—		—
Diluted	111,176		106,597		106,045		105,843
Net income (loss) per share attributable to common stockholders
Basic	$	0.30	$	(0.29)	$	(0.34)	$	(1.96)
Diluted	$	0.00	$	(0.29)	$	(0.34)	$	(1.96)

1 For the three months ended March 31, 2024, the dilutive effect of outstanding equity awards and convertible senior notes is reflected in diluted earnings per share by application of the treasury stock method and if-converted method, respectively.

Summary of Potentially Dilutive Securities Excluded from Diluted Net Loss Per Share Calculation

Potentially dilutive securities, which were excluded from the diluted net income (loss) per share calculations because they would have been antidilutive were as follows as of the dates presented (in thousands):

	March 31,
	2024	2023
Equity awards	7,201	7,355
Convertible senior notes	3,884	8,534
Total	11,085	15,889