CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands |
12 Months Ended |
Jun. 30, 2020 |
Jun. 30, 2019 |
Jun. 30, 2018 |
| Income Statement [Abstract] |
|
|
|
| Revenues |
$ 1,284,500
|
$ 1,161,733
|
$ 1,016,861
|
| Cost of revenues |
676,328
|
624,129
|
573,289
|
| Gross profit |
608,172
|
537,604
|
443,572
|
| Operating expenses: |
|
|
|
| Research and development |
89,405
|
82,070
|
74,324
|
| Sales, general and administrative |
40,569
|
43,237
|
43,121
|
| Litigation settlement |
0
|
18,000
|
0
|
| Total operating expenses |
129,974
|
143,307
|
117,445
|
| Income from operations |
478,198
|
394,297
|
326,127
|
| Interest expense and other, net |
(28,002)
|
(12,808)
|
(11,985)
|
| Income before income taxes |
450,196
|
381,489
|
314,142
|
| Provision for income taxes |
69,899
|
58,795
|
117,852
|
| Net income |
$ 380,297
|
$ 322,694
|
$ 196,290
|
| Net income per share of common stock: |
|
|
|
| Basic (in dollars per share) |
$ 5.81
|
$ 4.52
|
$ 2.54
|
| Diluted (in dollars per share) |
$ 5.80
|
$ 4.51
|
$ 2.51
|
| Weighted average shares used in computing net income per share of common stock: |
|
|
|
| Basic (in shares) |
65,427
|
71,435
|
77,179
|
| Diluted (in shares) |
65,514
|
71,602
|
78,331
|
| Other comprehensive income: |
|
|
|
| Unrealized (losses) gains on available-for-sale securities |
$ (384)
|
$ 393
|
$ 0
|
| Other Comprehensive (loss) income |
(384)
|
393
|
0
|
| Comprehensive income |
$ 379,913
|
$ 323,087
|
$ 196,290
|