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SUPPLEMENTAL BALANCE SHEET INFORMATION | 12 Months Ended
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Jun. 30, 2022
Supplemental Balance Sheet Information [Abstract] |
SUPPLEMENTAL BALANCE SHEET INFORMATION | (8) SUPPLEMENTAL BALANCE SHEET INFORMATION Accounts Receivable, Net Trade accounts receivable consisted of amounts due from hospital and healthcare system members as well as non-healthcare customers services and products. Managed services receivable consisted of amounts receivable related to fees for services provided to members to support contract negotiation and administration, claims data, rebate processing and evaluation of pharmacy formulary and utilization. Accounts receivable, net consisted of the following (in thousands):
| June 30,
| 2022 |  | 2021
Trade accounts receivable | $ | 114,214 |  |  | $ | 131,246 |
Managed services receivable | 1,422 |  |  | 11,972 |
Other | 536 |  |  | 513 |
Total accounts receivable | 116,172 |  |  | 143,731 |
Allowance for credit losses | (2,043) |  |  | (2,284) |
Accounts receivable, net | $ | 114,129 |  |  | $ | 141,447 |
Property and Equipment, Net Property and equipment, net consisted of the following (in thousands):
| June 30,
| Useful life | 2022 |  | 2021
Capitalized software | 2-5 years | $ | 705,319 |  |  | $ | 653,515 |
Computer hardware | 3-5 years | 60,399 |  |  | 62,930 |
Furniture and other equipment | 5 years | 7,097 |  |  | 7,097 |
Leasehold improvements | Lesser of estimated useful life or term of lease | 19,208 |  |  | 19,061 |
Total property and equipment |  | 792,023 |  |  | 742,603 |
Accumulated depreciation and amortization |  | (578,644) |  |  | (518,332) |
Property and equipment, net |  | $ | 213,379 |  |  | $ | 224,271 |
Depreciation and amortization expense related to property and equipment was $85.2 million, $76.3 million and $97.3 million for the years ended June 30, 2022, 2021 and 2020, respectively. Unamortized capitalized software costs were $177.6 million and $178.4 million at June 30, 2022 and 2021, respectively. During the year ended June 30, 2022, the Company incurred an impairment of long-lived assets of $12.7 million associated with capitalized software assets in the Supply Chain Services segment as the carrying value of the assets was not recoverable. The Company did not incur a material loss on disposal or impairment of long-lived assets during the years ended June 30, 2021 and 2020. Other Long-Term Assets Other long-term assets consisted of the following (in thousands):
| June 30,
| 2022 |  | 2021
Contract assets, less current portion | $ | 54,441 |  |  | $ | — |
Acurity prepaid contract administrative fee share, less current portion | 29,099 |  |  | 48,498 |
Capitalized contract costs | 22,894 |  |  | 21,686 |
Other (a) | 7,720 |  |  | 6,764 |
Total other long-term assets | $ | 114,154 |  |  | $ | 76,948 |
_________________________________ (a)Includes deferred loan costs, net of $0.9 million and $1.5 million as of June 30, 2022 and 2021, respectively. Pursuant to the Acurity and Nexera asset acquisition, the Company capitalized one-time rebates pursuant to the purchase agreement with Acurity, Inc. as prepaid contract administrative fee share. Contract costs include capitalized sales commissions and implementation costs. See Note 7 - Contract Balances for further information. The Company recorded $0.6 million in amortization expense on deferred loan costs for each of the years ended June 30, 2022, 2021 and 2020. Amortization expense on deferred loan costs was recognized based on the straight-line method, which approximates the effective interest method, and was included in interest expense, net in the Consolidated Statements of Income and Comprehensive Income. Other Long-Term Liabilities Other long-term liabilities consisted of the following (in thousands):
| June 30,
| 2022 |  | 2021
Earn-out liability, less current portion | $ | 22,789 |  |  | $ | 24,249 |
Reserve for uncertain tax positions | 18,799 |  |  | 18,524 |
FFF Put Right | — |  |  | 64,110 |
Other | 986 |  |  | 5,518 |
Total other long-term liabilities | $ | 42,574 |  |  | $ | 112,401 |
On July 29, 2021, the Company executed an amendment to the FFF shareholders’ agreement which resulted in the termination of the Put Right (see Note 5 - Investments and Note 6 - Fair Value Measurements). Earn-out liabilities were established in connection with the Acurity and Nexera asset acquisition. See Note 6 - Fair Value Measurements for further information.

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- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -URI https://asc.fasb.org/topic&trid=2122208 + Details
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