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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Jun. 30, 2020
Summary of Significant Accounting Policies |
Schedule of activity in the allowance for doubtful accounts | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Years Ended June 30, | ​
​ |  | 2018 |  | 2019 |  | 2020 | ​
Balance at the beginning of the year | ​ | $ | 266 | ​ | $ | 375 | ​ | $ | 473 | ​
Charged to expense | ​ |  | 296 | ​ |  | 283 | ​ |  | 309 | ​
Write-offs | ​ |  | (187) | ​ | ​ | (185) | ​ | ​ | (165) | ​
Balance at the end of the year | ​ | $ | 375 | ​ | $ | 473 | ​ | $ | 617 | ​
Schedule of the cumulative effect of the adoption of ASC 606 on the prior year opening balance sheet | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As Reported | ​ | Adjustments | ​ | Balances at
​ | ​ | June 30, 2018 | ​ | due to Topic 606 | ​ | July 1, 2018
Balance Sheet | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Deferred contract costs | ​ | $ | — | ​ | $ | 14,783 | ​ | $ | 14,783
Prepaid expenses and other | ​ | ​ | 11,248 | ​ | ​ | 1,730 | ​ | ​ | 12,978
Long-term deferred contract costs | ​ | ​ | — | ​ | ​ | 53,324 | ​ | ​ | 53,324
Long-term prepaid expenses and other | ​ | ​ | 1,504 | ​ | ​ | 1,226 | ​ | ​ | 2,730
Deferred income tax assets, net | ​ | ​ | 22,140 | ​ | ​ | (18,391) | ​ | ​ | 3,749
Stockholders' Equity | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Retained earnings (accumulated deficit) | ​ | ​ | (6,678) | ​ | ​ | 52,672 | ​ | ​ | 45,994
Schedule of the impact of adoption of ASC 606 on prior period financial statements | The following table summarizes the impact from the adoption of Topic 606 on the Company’s consolidated statements of operations and comprehensive income: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended June 30, 2019
​ | ​ | As Reported | ​ | Balances under | ​ | Impact from
​ | ​ | (Topic 606) | ​ | ASC 605 | ​ | Adoption
Statement of Operations | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Revenues | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Recurring fees | ​ | $ | 436,955 | ​ | $ | 438,685 | ​ | $ | (1,730)
Implementation services and other | ​ | ​ | 10,797 | ​ | ​ | 4,786 | ​ | ​ | 6,011
Cost of Revenues | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Implementation services and other | ​ | ​ | 28,640 | ​ | ​ | 49,252 | ​ | ​ | (20,612)
Operating expenses | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Sales and marketing | ​ | ​ | 112,599 | ​ | ​ | 126,331 | ​ | ​ | (13,732)
General and administrative | ​ | ​ | 94,630 | ​ | ​ | 95,278 | ​ | ​ | (648)
Income tax expense (benefit) | ​ | ​ | 4,223 | ​ | ​ | (5,964) | ​ | ​ | 10,187
Net income | ​ | ​ | 53,823 | ​ | ​ | 24,737 | ​ | ​ | 29,086
​ ​ The following table summarizes the impact from the adoption of Topic 606 on the Company’s consolidated balance sheet: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, 2019
​ | ​ | As Reported | ​ | Balances under | ​ | Impact from
​ | ​ | (Topic 606) | ​ | ASC 605 | ​ | Adoption
Balance Sheet | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Deferred contract costs | ​ | $ | 21,677 | ​ | $ | — | ​ | $ | 21,677
Prepaid expenses and other | ​ | ​ | 13,895 | ​ | ​ | 12,823 | ​ | ​ | 1,072
Long-term deferred contract costs | ​ | ​ | 81,422 | ​ | ​ | — | ​ | ​ | 81,422
Long-term prepaid expenses and other | ​ | ​ | 1,975 | ​ | ​ | 1,821 | ​ | ​ | 154
Deferred income tax assets, net | ​ | ​ | 6,472 | ​ | ​ | 28,107 | ​ | ​ | (21,635)
Liabilities | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Accrued expenses | ​ | ​ | 57,625 | ​ | ​ | 54,541 | ​ | ​ | 3,084
Other long-term liabilities | ​ | ​ | 1,723 | ​ | ​ | 10,818 | ​ | ​ | (9,095)
Deferred income tax liabilities, net | ​ | ​ | 6,943 | ​ | ​ | — | ​ | ​ | 6,943
Stockholders' Equity | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Retained earnings (accumulated deficit) | ​ | ​ | 99,817 | ​ | ​ | 18,059 | ​ | ​ | 81,758
​ The following table summarizes the impact from the adoption of Topic 606 on the Company’s consolidated statement of cash flows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended June 30, 2019
​ | ​ | As Reported | ​ | Balances under | ​ | Impact from
​ | ​ | (Topic 606) | ​ | ASC 605 | ​ | Adoption
Statement of Cash Flows | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income | ​ | $ | 53,823 | ​ | $ | 24,737 | ​ | $ | 29,086
Adjustments to reconcile net income to net cash provided by operating activities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Deferred income tax expense (benefit) | ​ | ​ | 4,134 | ​ | ​ | (6,053) | ​ | ​ | 10,187
Changes in operating assets and liabilities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Deferred contract costs | ​ | ​ | (34,992) | ​ | ​ | — | ​ | ​ | (34,992)
Prepaid expenses and other | ​ | ​ | 389 | ​ | ​ | (1,341) | ​ | ​ | 1,730
Accrued expenses | ​ | ​ | 13,625 | ​ | ​ | 19,636 | ​ | ​ | (6,011)
Net cash provided by operating activities | ​ | ​ | 115,032 | ​ | ​ | 115,032 | ​ | ​ | —

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