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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
Revenue:        
Subscription and software $ 111,717 $ 111,722 $ 338,077 $ 333,707
Services and other 7,560 7,495 21,184 24,957
Total revenue 119,277 119,217 359,261 358,664
Cost of revenue:        
Subscription and software 5,521 5,266 15,766 15,475
Services and other 6,746 6,754 19,586 21,405
Total cost of revenue 12,267 12,020 35,352 36,880
Gross profit 107,010 107,197 323,909 321,784
Operating expenses:        
Selling and marketing 22,269 23,090 66,123 66,704
Research and development 20,348 17,820 57,577 50,398
General and administrative 12,120 15,606 37,140 42,273
Total operating expenses 54,737 56,516 160,840 159,375
Income from operations 52,273 50,681 163,069 162,409
Interest income 176 90 665 243
Interest (expense) (959) (330) (2,721) (344)
Other (expense) income, net (56) (2,686) 1,287 (1,947)
Income before provision for income taxes 51,434 47,755 162,300 160,361
Provision for income taxes 15,600 14,584 54,455 53,736
Net income $ 35,834 $ 33,171 $ 107,845 $ 106,625
Net income per common share:        
Basic (in dollars per share) $ 0.47 $ 0.40 $ 1.40 $ 1.28
Diluted (in dollars per share) $ 0.47 $ 0.40 $ 1.39 $ 1.27
Weighted average shares outstanding:        
Basic (in shares) 75,676 83,081 77,221 83,425
Diluted (in shares) 76,182 83,373 77,652 83,842