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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Jun. 30, 2016
Current assets:    
Cash and cash equivalents $ 20,763 $ 21,349 [1]
Short-term investments 76,368 88,277 [1]
Accounts receivable, net of allowances of $54 and $111 at March 31, 2017 and June 30, 2016, respectively 48,294 42,216 [1]
Restricted cash 3,925 5,109 [1]
Income taxes receivable 646 687 [1]
Deferred costs 6,735 1,784 [1]
Prepaid expenses and other current assets 3,358 4,448 [1]
Total current assets 160,089 163,870 [1]
Property and equipment, net 4,690 5,247 [1]
Deferred income taxes, non-current 442 661 [1]
Goodwill and intangible assets, net 35,218 35,993 [1]
Deferred costs, non-current 29,481 10,292 [1]
Other assets 1,552 2,184 [1]
Total assets 231,472 218,247 [1]
Current liabilities:    
Trade accounts payable 10,703 4,992 [1]
Accrued expenses 35,313 36,274
Deferred revenue 12,268 4,334 [1]
Income taxes payable 288 88 [1]
Total current liabilities 58,572 45,688 [1]
Deferred rent, non-current 979 1,124 [1]
Deferred revenue, non-current 48,916 19,035 [1]
Other long-term liabilities 1,246 2,715 [1]
Commitments and contingencies [1]
Stockholders’ equity:    
Preferred stock, $0.001 par value: 50,000 shares authorized; no shares issued or outstanding 0 0 [1]
Common stock, $0.001 par value: 600,000 shares authorized; 43,735 and 42,708 shares issued and outstanding at March 31, 2017 and June 30, 2016, respectively 44 43 [1]
Additional paid-in capital 157,119 149,775 [1]
Accumulated other comprehensive loss (2,586) (1,767) [1]
Retained earnings (accumulated deficit) (32,818) 1,634 [1]
Total stockholders’ equity 121,759 149,685 [1]
Total liabilities and stockholders’ equity $ 231,472 $ 218,247 [1]
[1] Derived from audited consolidated financial statements as of and for the year ended June 30, 2016.