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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Jun. 30, 2021
Current assets:    
Cash and cash equivalents $ 40,046 $ 13,696
Accounts receivable, net of allowance of $2,051 and $1,489, respectively 206,051 117,349
Contract assets 59,894 27,753
Prepaid expenses and other current assets 36,545 17,512
Total current assets 342,536 176,310
Property, technology, and equipment, net 25,947 24,151
Goodwill 88,813 72,582
Intangible assets, net 52,366 41,404
Operating lease right-of-use assets 39,905 39,022
Deposits and other assets 4,725 3,124
Long-term restricted cash 642 648
Total other long-term assets 186,451 156,780
Total assets 554,934 357,241
Current liabilities:    
Accounts payable 164,932 87,941
Operating partner commissions payable 16,038 13,779
Accrued expenses 11,512 6,801
Income tax payable 4,271 2,713
Current portion of notes payable 4,632 4,446
Current portion of operating lease liability 7,290 6,989
Current portion of finance lease liability 627 743
Current portion of contingent consideration 2,600 2,600
Other current liabilities 291 345
Total current liabilities 212,193 126,357
Notes payable, net of current portion 109,025 24,000
Operating lease liability, net of current portion 36,730 34,899
Finance lease liability, net of current portion 1,363 1,809
Contingent consideration, net of current portion 2,770 4,663
Deferred income taxes 7,629 4,021
Other long-term liabilities 39 89
Total long-term liabilities 157,556 69,481
Total liabilities 369,749 195,838
Commitments and contingencies (Note 15)
Equity:    
Common stock, $0.001 par value, 100,000,000 shares authorized; 50,969,374 and 50,832,205 shares issued, and 49,812,664 and 49,930,389 shares outstanding, respectively 33 32
Additional paid-in capital 105,784 104,228
Treasury stock, at cost, 1,156,710 and 901,816 shares, respectively (10,914) (4,658)
Retained earnings 88,733 60,367
Accumulated other comprehensive income 698 1,141
Total Radiant Logistics, Inc. stockholders’ equity 184,334 161,110
Non-controlling interest 851 293
Total equity 185,185 161,403
Total liabilities and equity $ 554,934 $ 357,241