Other Balance Sheet Components

12 Months Ended

Jun. 30, 2020

Accrued expenses included the following:



	June 30, 2020		June 30, 2019
Compensation costs	$	67,307	$	58,864
Income and indirect taxes (1)	53,161		40,102
Advertising costs (2)	14,746		22,289
Interest payable (3)	8,359		2,271
Production costs (2)	7,012		9,261
Sales returns	5,166		5,413
Shipping costs (2)	5,080		7,275
Professional fees	3,452		2,786
Purchases of property, plant and equipment	1,685		2,358
Other	44,796		44,096
Total accrued expenses	$	210,764	$	194,715

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(1) The increase in income and indirect taxes is primarily due to government incentive programs in certain European jurisdictions, which has allowed for the deferral of payment of indirect taxes until fiscal 2021.

(2) The decline in advertising, production and shipping costs is due to the COVID-19 pandemic and related restrictions, which drove lower demand and a reduction in costs during the fourth quarter of the year ended June 30, 2020.

(3) The increase in interest payable is due to the additional offering of $200,000 of Senior Unsecured Notes in the third quarter and $300,000 in Second Lien Notes issued to Apollo Global Management, Inc. during the fourth quarter of fiscal 2020. Refer to Note 10 for further detail.

Other current liabilities included the following:



	June 30, 2020		June 30, 2019
Current portion of finance lease obligations	$	8,055	$	10,668
Current portion of lease financing obligation (1)	—		12,569
Short-term derivative liabilities	3,521		1,628
Other	1,692		3,016
Total other current liabilities	$	13,268	$	27,881

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(1) Due to our adoption of the new leasing standard on July 1, 2019, our Waltham, MA, and Dallas, TX leases, which were previously classified as build-to-suit, are now classified as operating leases and therefore the lease financing obligation has been de-recognized. Refer to Note 2 for additional details.

Other liabilities included the following:



	June 30, 2020		June 30, 2019
Long-term finance lease obligations	$	18,617	$	16,036
Long-term derivative liabilities (1)	51,800		15,886
Other	17,770		21,794
Total other liabilities	$	88,187	$	53,716

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(1) The increase in long-term derivative liabilities for the year ended June 30, 2020, is due to unrealized losses on our interest rate swaps resulting from a change in the macroeconomic interest rate environment during the year.