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Other Balance Sheet Components (Tables)
 12 Months Ended
Jun. 30, 2022
Payables and Accruals [Abstract]  
Accrued expenses
Accrued expenses included the following:
 June 30, 2022June 30, 2021
Compensation costs$78,521 $73,861 
Income and indirect taxes41,886 46,074 
Advertising costs25,925 35,093 
Shipping costs10,228 9,401 
Third party manufacturing and digital content costs (1)15,790 6,881 
Sales returns
6,286 5,636 
Purchases of property, plant and equipment642 1,110 
Professional fees2,394 4,210 
Interest payable2,477 2,399 
Other69,692 62,848 
Total accrued expenses$253,841 $247,513 
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(1) The increase in third party manufacturing and digital content costs from June 30, 2021 to June 30, 2022 is primarily due to increased revenue causing higher third party fulfillment costs as well as the impact from our recent acquisition of Depositphotos on October 1, 2021. Refer to Note 7 for additional information about the acquisition.
Other Current Liabilities
Other current liabilities included the following:
June 30, 2022June 30, 2021
Current portion of finance lease obligations (1)$6,684 $32,314 
Short-term derivative liabilities (2)4,299 20,530 
Other (3)17,052 50,671 
Total other current liabilities$28,035 $103,515 
________________________
(1) The decrease in the current portion of our finance lease obligations is primarily due to the exercise of a purchase option for a previously leased facility that decreased our finance lease liability by $23,534. We immediately sold this facility to a third party and recognized a $3,324 gain on the sale of the asset during the year ended June 30, 2022. Refer to Note 16 for additional details.
(2) The decrease in short-term derivative liabilities is due to volatility in interest and foreign currency rates. Refer to Note 4 for additional details.
(3) Other current liabilities decreased primarily due to the $43,647 payment made in February 2022 for our prior year acquisition of 99designs. Refer to Note 7 for additional details.
Other Liabilities
Other liabilities included the following:
June 30, 2022June 30, 2021
Long-term finance lease obligations$14,699 $18,528 
Long-term derivative liabilities (1)463 41,074 
Long-term compensation incentives (2)19,934 10,298 
Other29,298 26,510 
Total other liabilities$64,394 $96,410 
________________________
(1) The decrease in long-term derivative liabilities is due to volatility in interest and currency rates. Refer to Note 4 for additional details about our derivative financial instruments.
(2) Includes cash-based employee bonus incentives, which are variable based on the performance of each individual business and vest over four years.