XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.0.1
Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Jun. 30, 2021
Current assets:    
Cash and cash equivalents $ 84,104 $ 202,287
Corporate investments 0 4,456
Accounts receivable, net 9,830 6,267
Deferred contract costs 50,294 44,230
Prepaid expenses and other 22,795 15,966
Total current assets before funds held for clients 167,023 273,206
Funds held for clients 1,920,063 1,759,677
Total current assets 2,087,086 2,032,883
Capitalized internal-use software, net 53,107 45,018
Property and equipment, net 62,425 59,835
Operating lease right-of-use assets 49,611 43,984
Intangible assets, net 35,175 13,027
Goodwill 68,326 33,650
Long-term deferred contract costs 191,385 170,663
Long-term prepaid expenses and other 6,778 4,223
Deferred income tax assets 34,697 11,602
Total assets 2,588,590 2,414,885
Current liabilities:    
Accounts payable 6,600 4,230
Accrued expenses 79,507 103,109
Total current liabilities before client fund obligations 86,107 107,339
Client fund obligations 1,920,063 1,759,677
Total current liabilities 2,006,170 1,867,016
Long-term operating lease liabilities 71,877 67,201
Other long-term liabilities 2,069 1,958
Deferred income tax liabilities 1,781 1,780
Total liabilities 2,081,897 1,937,955
Stockholders’ equity:    
Preferred stock, $0.001 par value, 5,000 authorized, no shares issued and outstanding at June 30, 2021 and December 31, 2021 0 0
Common stock, $0.001 par value, 155,000 shares authorized at June 30, 2021 and December 31, 2021; 54,594 shares issued and outstanding at June 30, 2021 and 55,105 shares issued and outstanding at December 31, 2021 55 55
Additional paid-in capital 231,106 241,718
Retained earnings 275,876 235,091
Accumulated other comprehensive income (loss) (344) 66
Total stockholders' equity 506,693 476,930
Total liabilities and stockholders’ equity $ 2,588,590 $ 2,414,885