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Other Balance Sheet Components

3 Months Ended

Sep. 30, 2020

Accrued expenses included the following:


	September 30, 2020		June 30, 2020
Compensation costs	$	62,433	$	67,307
Income and indirect taxes	55,062		53,161
Advertising costs (1)	24,422		14,746
Interest payable (2)	28,340		8,359
Production costs	8,233		7,012
Sales returns	5,724		5,166
Shipping costs	8,535		5,080
Professional fees	3,838		3,452
Purchases of property, plant and equipment	941		1,685
Other	46,293		44,796
Total accrued expenses	$	243,821	$	210,764

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(1) The increase in accrued advertising costs is primarily due to the expansion beyond first-order profitability targets used during the fourth quarter of fiscal 2020 for several of our businesses, as well as modest investment in upper-funnel advertising in our Vistaprint business.

(2) The increase in interest payable is due to the additional offering of $200,000 of our 2026 Notes in the third quarter and $300,000 in Second Lien Notes issued during the fourth quarter of fiscal 2020. The interest on our 2026 Notes is payable semi-annually on June 15 and December 15 of each year and the interest on our Second Lien Notes is payable semi-annually on May 15 and November 15 of each year, with the first interest payment on November 15, 2020. Refer to Note 8 for further detail.

Other current liabilities included the following:


	September 30, 2020		June 30, 2020
Current portion of finance lease obligations	$	8,149	$	8,055
Short-term derivative liabilities	10,120		3,521


Other	3,320		1,692
Total other current liabilities	$	21,589	$	13,268

Other liabilities included the following:


	September 30, 2020		June 30, 2020
Long-term finance lease obligations	$	18,013	$	18,617
Long-term derivative liabilities	60,874		51,800


Other	26,958		17,770
Total other liabilities	$	105,845	$	88,187