Income Taxes (Tables)

12 Months Ended

Jun. 30, 2020

Income Tax Disclosure [Abstract]

Components of Income (Loss) Before Income Taxes

The components of income before income taxes were as follows (in thousands):

	Fiscal Year Ended June 30,
	2020		2019		2018
US	$	17,824	$	10,316	$	17,218
Foreign		862		403		(714	)
Total	$	18,686	$	10,719	$	16,504

Components of the Provision for (Benefit from) Income Taxes

The components of the provision for (benefit from) income taxes were as follows (in thousands):

	Fiscal Year Ended June 30,
	2020			2019			2018
Current:
Federal	$	—		$	—		$	(2	)
State		(3,110	)		193			479
Foreign		218			255			210
Total current (benefit from) provision for income taxes		(2,892	)		448			687
Deferred:
Federal		2,504			(45,201	)		(113	)
State		972			(7,008	)		—
Foreign		—			—			—
Total deferred provision for (benefit from) income taxes		3,476			(52,209	)		(113	)
Total provision for (benefit from) income taxes	$	584		$	(51,761	)	$	574

Reconciliation Between Statutory Federal Income Tax and Company's Effective Tax Rates as Percentage of Income (Loss) Before Income Taxes

The reconciliation between the statutory federal income tax and the Company’s effective tax rates as a percentage of income before income taxes was as follows:

	Fiscal Year Ended June 30,
	2020			2019			2018
Federal tax rate		21.0	%		21.0	%		27.6	%
States taxes, net of federal benefit		(11.4	)%		(69.3	)%		(1.4	)%
Foreign rate differential		2.1	%		0.3	%		0.3	%
Stock-based compensation expense		(8.7	)%		(48.9	)%		(20.8	)%
Change in valuation allowance		(2.4	)%		(397.8	)%		(151.3	)%
Research and development credits		(4.1	)%		(8.5	)%		(4.8	)%
Federal tax rate change impact		—			—			146.3	%
Disqualified compensation expense		5.3	%		16.5	%		5.7	%
Uncertain tax position		1.8	%		2.8	%		1.4	%
Business divestitures		(1.3	)%		—			—
Other		0.8	%		1.0	%		0.5	%
Effective income tax rate		3.1	%		(482.9	)%		3.5	%

Components of Long-Term Deferred Tax Assets and Liabilities, Net

The components of the long-term deferred tax assets and liabilities, net were as follows (in thousands):

	June 30,
	2020			2019
Noncurrent deferred tax assets:
Reserves and accruals	$	3,973		$	3,695
Stock-based compensation expense		3,441			3,319
Intangible assets		8,620			18,085
Net operating loss		30,953			27,818
Fixed assets		59			47
Tax credits		8,852			7,474
Operating lease right-of-use assets		884			—
Other		237			57
Total noncurrent deferred tax assets		57,019			60,495
Valuation allowance - long-term		(7,523	)		(8,346	)
Noncurrent deferred tax assets, net		49,496			52,149
Noncurrent deferred tax liabilities:
Operating lease liabilities		(823	)		—
Noncurrent deferred tax liabilities		(823	)		—
Total deferred tax assets, net	$	48,673		$	52,149

Reconciliation of Beginning and Ending Amounts of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amounts of unrecognized tax benefits was as follows (in thousands):

	Fiscal Year Ended June 30,
	2020			2019			2018
Balance at the beginning of the year	$	3,727		$	3,256		$	2,838
Gross increases - current period tax positions		406			467			429
Gross increases - prior period tax positions		106			10			70
Gross decreases - prior period tax positions		—			—			—
Reductions as a result of lapsed statute of limitations		(3	)		(6	)		(81	)
Balance at the end of the year	$	4,236		$	3,727		$	3,256