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FAIR VALUE MEASUREMENTS (Tables) | 9 Months Ended
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Mar. 31, 2023
Fair Value Disclosures [Abstract] |
Schedule of Financial Assets and Liabilities | The following table represents the Company’s financial assets and liabilities, which are measured at fair value on a recurring basis (in thousands):
| Fair Value of Financial Assets and Liabilities |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
March 31, 2023 |  |  |  |  |  |  |
Cash equivalents | $ | 76 |  |  | $ | 76 |  |  | $ | — |  |  | $ | — |
Deferred compensation plan assets | 52,787 |  |  | 52,787 |  |  | — |  |  | — |
Total assets | 52,863 |  |  | 52,863 |  |  | — |  |  | — |
Earn-out liabilities | 27,174 |  |  | — |  |  | — |  |  | 27,174 |
Total liabilities | $ | 27,174 |  |  | $ | — |  |  | $ | — |  |  | $ | 27,174 |
June 30, 2022 |  |  |  |  |  |  |
Cash equivalents | $ | 75 |  |  | $ | 75 |  |  | $ | — |  |  | $ | — |
Deferred compensation plan assets | 52,718 |  |  | 52,718 |  |  | — |  |  | — |
Total assets | 52,793 |  |  | 52,793 |  |  | — |  |  | — |
Earn-out liabilities | 22,789 |  |  | — |  |  | — |  |  | 22,789 |
Total liabilities | $ | 22,789 |  |  | $ | — |  |  | $ | — |  |  | $ | 22,789 |
Schedule of Fair Value Measurement Inputs and Valuation Assumptions |
Input assumptions | As of March 31, 2023 |  | As of June 30, 2022
Probability of transferred member renewal percentage < 50% | 5.0 | % |  | 5.0 | %
Probability of transferred member renewal percentage between 50% and 65% | 10.0 | % |  | 10.0 | %
Probability of transferred member renewal percentage between 65% and 80% | 25.0 | % |  | 25.0 | %
Probability of transferred member renewal percentage > 80% | 60.0 | % |  | 60.0 | %
Credit spread | 1.8 | % |  | 1.6 | %
_________________________________ (a)The Acurity and Nexera earn-out liability was initially valued as of February 28, 2020.
Schedule of Reconciliation of Earn-out Liabilities and FFF Put Rights | A reconciliation of the Company’s earn-out liabilities and FFF Put Right is as follows (in thousands):
| Beginning Balance |  | Purchases (Settlements)(a) |  | (Gain)/Loss (b) |  | Ending Balance
Three Months Ended March 31, 2023 |  |  |  |  |  |  |
Earn-out liabilities | $ | 24,098 |  |  | $ | — |  |  | $ | 3,076 |  |  | $ | 27,174 |
Total Level 3 liabilities | $ | 24,098 |  |  | $ | — |  |  | $ | 3,076 |  |  | $ | 27,174 |
Three Months Ended March 31, 2022 |  |  |  |  |  |  |
Earn-out liabilities | $ | 24,139 |  |  | $ | — |  |  | $ | (945) |  |  | $ | 23,194 |
Total Level 3 liabilities | $ | 24,139 |  |  | $ | — |  |  | $ | (945) |  |  | $ | 23,194 |
Nine Months Ended March 31, 2023 |  |  |  |  |  |  |
Earn-out liabilities | $ | 22,789 |  |  | $ | 1,460 |  |  | $ | 2,925 |  |  | $ | 27,174 |
Total Level 3 liabilities | $ | 22,789 |  |  | $ | 1,460 |  |  | $ | 2,925 |  |  | $ | 27,174 |
Nine Months Ended March 31, 2022 |  |  |  |  |  |  |
Earn-out liabilities | $ | 24,249 |  |  | $ | — |  |  | $ | (1,055) |  |  | $ | 23,194 |
FFF put right | 64,110 |  |  | (64,110) |  |  | — |  |  | — |
Total Level 3 liabilities | $ | 88,359 |  |  | $ | (64,110) |  |  | $ | (1,055) |  |  | $ | 23,194 |
_________________________________ (a)Purchases for the nine months ended March 31, 2023 includes an earn-out which has not been earned or paid as of March 31, 2023. Settlements for the nine months ended March 31, 2022 includes non-cash gain recognized as a result the termination of the FFF Put Right and the derecognition of the FFF Put Right liability. (b)A gain on level 3 liability balances will decrease the liability ending balance whereas a loss on level 3 liability balance will increase the liability ending balance.
Schedule of Reconciliation of FFF Call Rights | A reconciliation of the Company’s earn-out liabilities and FFF Put Right is as follows (in thousands):
| Beginning Balance |  | Purchases (Settlements)(a) |  | (Gain)/Loss (b) |  | Ending Balance
Three Months Ended March 31, 2023 |  |  |  |  |  |  |
Earn-out liabilities | $ | 24,098 |  |  | $ | — |  |  | $ | 3,076 |  |  | $ | 27,174 |
Total Level 3 liabilities | $ | 24,098 |  |  | $ | — |  |  | $ | 3,076 |  |  | $ | 27,174 |
Three Months Ended March 31, 2022 |  |  |  |  |  |  |
Earn-out liabilities | $ | 24,139 |  |  | $ | — |  |  | $ | (945) |  |  | $ | 23,194 |
Total Level 3 liabilities | $ | 24,139 |  |  | $ | — |  |  | $ | (945) |  |  | $ | 23,194 |
Nine Months Ended March 31, 2023 |  |  |  |  |  |  |
Earn-out liabilities | $ | 22,789 |  |  | $ | 1,460 |  |  | $ | 2,925 |  |  | $ | 27,174 |
Total Level 3 liabilities | $ | 22,789 |  |  | $ | 1,460 |  |  | $ | 2,925 |  |  | $ | 27,174 |
Nine Months Ended March 31, 2022 |  |  |  |  |  |  |
Earn-out liabilities | $ | 24,249 |  |  | $ | — |  |  | $ | (1,055) |  |  | $ | 23,194 |
FFF put right | 64,110 |  |  | (64,110) |  |  | — |  |  | — |
Total Level 3 liabilities | $ | 88,359 |  |  | $ | (64,110) |  |  | $ | (1,055) |  |  | $ | 23,194 |
_________________________________ (a)Purchases for the nine months ended March 31, 2023 includes an earn-out which has not been earned or paid as of March 31, 2023. Settlements for the nine months ended March 31, 2022 includes non-cash gain recognized as a result the termination of the FFF Put Right and the derecognition of the FFF Put Right liability. (b)A gain on level 3 liability balances will decrease the liability ending balance whereas a loss on level 3 liability balance will increase the liability ending balance.

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