Revenue

9 Months Ended

Mar. 31, 2019

Revenue From Contract With Customer [Abstract]

Revenue

3. Revenue

Disaggregation of Revenue

The following table shows the Company’s net revenue disaggregated by vertical (in thousands):

	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2019		2018		2019		2018
Net revenue:
Financial Services	$	86,860	$	87,125	$	238,636	$	207,978
Education		14,742		19,641		53,395		53,211
Other		14,623		11,159		41,159		31,648
Total net revenue	$	116,225	$	117,925	$	333,190	$	292,837

Contract Balances

The following table provides information about contract liabilities from the Company’s contracts with its clients (in thousands):

	March 31,		June 30,
	2019		2018
Deferred revenue	$	848	$	715
Client deposits		667		684

The Company’s contract liabilities result from payments received in advance of revenue recognition and advance consideration received from clients, which precede the Company’s satisfaction of the associated performance obligation. Significant changes in the liability balances during the period relate to advance consideration received from clients, offset by revenue recognized of $6.1 million.