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Balance Sheet Information | 3 Months Ended
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Sep. 30, 2021
Balance Sheet Information |
Balance Sheet Information | (5) Balance Sheet Information ​ The following tables provide details of selected consolidated balance sheet items: ​ Activity in the allowance for credit losses related to accounts receivable was as follows: ​
​ | ​ | ​ | ​
Balance at June 30, 2021 | ​ | $ | 800
Charged to expense | ​ |  | 38
Write-offs | ​ |  | (44)
Balance at September 30, 2021 | ​ | $ | 794
​ Capitalized internal-use software and accumulated amortization were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, | ​ | September 30,
​ |  | 2021 |  | 2021
Capitalized internal-use software | ​ | $ | 150,922 | ​ | $ | 160,751
Accumulated amortization | ​ |  | (105,904) | ​ |  | (112,032)
Capitalized internal-use software, net | ​ | $ | 45,018 | ​ | $ | 48,719
​ Amortization of capitalized internal-use software costs is included in Cost of revenues and amounted to $5,386 and $6,128 for the three months ended September 30, 2020 and 2021, respectively. ​ Property and equipment, net consist of the following: ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, | ​ | September 30,
​ |  | 2021 |  | 2021
Office equipment | ​ | $ | 5,211 | ​ | $ | 5,327
Computer equipment | ​ |  | 45,420 | ​ |  | 50,055
Furniture and fixtures | ​ |  | 13,104 | ​ |  | 13,350
Software | ​ |  | 6,641 | ​ |  | 7,091
Leasehold improvements | ​ |  | 46,814 | ​ |  | 47,191
Time clocks rented by clients | ​ |  | 5,399 | ​ |  | 5,769
Total | ​ |  | 122,589 | ​ |  | 128,783
Accumulated depreciation | ​ |  | (62,754) | ​ |  | (66,518)
Property and equipment, net | ​ | $ | 59,835 | ​ | $ | 62,265
​ Depreciation expense amounted to $4,005 and $3,842 for the three months ended September 30, 2020 and 2021, respectively. ​ The following table summarizes changes in goodwill during the three months ended September 30, 2021: ​
​ | ​ | ​ | ​
​ | ​ | September 30,
​ |  | 2021
Balance at June 30, 2021 | ​ | $ | 33,650
Additions attributable to acquisition | ​ | ​ | 34,372
Balance at September 30, 2021 | ​ | $ | 68,022
​ Refer to Note 4 for further details on the current year acquisition. ​ The Company’s amortizable intangible assets and estimated useful lives are as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ |  | ​ | ​ |  | Weighted
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | average
​ | ​ | June 30, | ​ | September 30, | ​ | useful
​ |  | 2021 |  | 2021 |  | life (years)
Proprietary technology | ​ | $ | 6,129 | ​ | $ | 27,329 | ​ | 6.6
Client relationships | ​ | ​ | 19,200 | ​ | ​ | 22,300 | ​ | 7.8
Non-solicitation agreements | ​ |  | 1,600 | ​ | ​ | 1,600 | ​ | 3.1
Trade names | ​ | ​ | 440 | ​ | ​ | 1,640 | ​ | 5.0
Total | ​ |  | 27,369 | ​ | ​ | 52,869 | ​ | ​
Accumulated amortization | ​ |  | (14,342) | ​ | ​ | (15,694) | ​ | ​
Intangible assets, net | ​ | $ | 13,027 | ​ | $ | 37,175 | ​ | ​
​ Amortization expense for acquired intangible assets was $844 and $1,352 for the three months ended September 30, 2020 and 2021, respectively. ​ Future amortization expense for acquired intangible assets as of September 30, 2021 is as follows: ​
​ | ​ | ​ | ​
Remainder of fiscal 2022 | ​ | $ | 5,981
Fiscal 2023 | ​ |  | 7,808
Fiscal 2024 | ​ | ​ | 6,803
Fiscal 2025 | ​ |  | 5,748
Fiscal 2026 | ​ |  | 4,129
Thereafter | ​ |  | 6,706
Total | ​ | $ | 37,175
​ The components of accrued expenses were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, | ​ | September 30,
​ |  | 2021 |  | 2021
Accrued payroll and personnel costs | ​ | $ | 73,969 | ​ | $ | 46,220
Operating lease liabilities | ​ |  | 7,549 | ​ |  | 7,729
Deferred revenue | ​ | ​ | 9,442 | ​ | ​ | 10,167
Other | ​ |  | 12,149 | ​ |  | 16,901
Total accrued expenses | ​ | $ | 103,109 | ​ | $ | 81,017
​

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