Other Balance Sheet Components (Tables)

6 Months Ended

Dec. 31, 2021

Accrued expenses included the following:


	December 31, 2021		June 30, 2021
Compensation costs	$	67,558	$	73,861
Income and indirect taxes (1)	58,186		46,074
Advertising costs	33,701		35,093
Shipping costs (1)	10,294		9,401
Production costs (1)	8,160		6,881
Sales returns (1)	6,840		5,636
Purchases of property, plant and equipment	3,333		1,110
Professional fees	2,837		4,210
Interest payable	2,495		2,399
Other	67,526		62,848
Total accrued expenses	$	260,930	$	247,513

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(1) The increase in income and indirect taxes, shipping and production costs, and sales returns is due to increased sales volumes during our peak holiday season in the second quarter of our fiscal year.

Other Current Liabilities

Other current liabilities included the following:


	December 31, 2021		June 30, 2021
Current portion of finance lease obligations (1)	$	7,556	$	32,314
Short-term derivative liabilities	6,674		20,530


Other (2)	61,369		50,671
Total other current liabilities	$	75,599	$	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 three and six months ended December 31, 2021. Refer to Note 2 for additional details.

(2) Other current liabilities increased as $8,781 of the purchase price to acquire Depositphotos was deferred with payments due in January and October 2022. Refer to Note 7 for details. This also includes a deferred payment of $43,691 associated with our prior year acquisition of 99designs that is payable in February 2022.

Other Liabilities

Other liabilities included the following:


	December 31, 2021		June 30, 2021
Long-term finance lease obligations	$	16,649	$	18,528
Long-term derivative liabilities	23,420		41,074


Other	38,453		36,808
Total other liabilities	$	78,522	$	96,410