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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2017
Operating activities      
Net loss [1] $ (32,488) $ (40,834) [2] $ (29,536) [2]
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Stock-based compensation expense 8,299 9,876 [2] 10,162 [2]
Depreciation and amortization 3,980 3,609 [2] 2,647 [2]
Deferred rent reversal due to lease termination 0 (538) [2] 0 [2]
Tenant improvement allowance recognition due to lease termination 0 (582) [2] 0 [2]
Goodwill impairment 2,556 2,666 [2] 0 [2]
Accretion of net premium on short-term investments (30) 192 [2] 403 [2]
Bad debt expense 10 (24) [2] 189 [2]
Loss (gain) on disposal of property and equipment (7) 15 [2] (14) [2]
Unrealized gain on investments (1,174) 0 [2] 0 [2]
Changes in operating assets and liabilities:      
Accounts receivable (29,651) 11,708 [2] (15,807) [2]
Deferred income taxes (94) 52 [2] (239) [2]
Deferred costs (21,377) (22,999) [2] (19,814) [2]
Prepaid expenses and other current assets (241) 76 [2] 1,113 [2]
Other assets 47 (1,300) [2] 483 [2]
Trade accounts payable 4,005 6,836 [2] 1,195 [2]
Accrued expenses and other liabilities 12,124 (12,789) [2] 13,854 [2]
Income taxes payable 583 23 [2] 109 [2]
Deferred rent 375 1,178 [2] 66 [2]
Deferred revenue 60,597 35,424 [2] 24,034 [2]
Net cash provided by (used in) operating activities 7,514 (7,411) [2] (11,155) [2]
Investing activities      
Purchases of property and equipment (1,399) (4,648) [2] (1,225) [2]
Purchases of short-term investments (45,816) (49,287) [2] (64,957) [2]
Proceeds from sales and maturities of short-term investments 43,737 58,404 [2] 74,878 [2]
Proceeds from sales of long-term investments 0 0 [2] 246 [2]
Net cash provided by (used in) investing activities (3,478) 4,469 [2] 8,942 [2]
Financing activities      
Proceeds from exercise of stock options 8,853 681 [2] 2,738 [2]
Repurchase of common stock (1,303) 0 [2] 0 [2]
Tax withholdings related to net share settlements of restricted stock units (1,982) (2,327) [2] (3,008) [2]
Net cash provided by (used in) financing activities 5,568 (1,646) [2] (270) [2]
Effect of exchange rate changes on cash and cash equivalents (478) 529 [2] 183 [2]
Net increase (decrease) in cash and cash equivalents 9,126 (4,059) [2] (2,300) [2]
Cash and cash equivalents, at beginning of period [2] 20,099 24,158 26,458
Cash and cash equivalents, at end of period 29,225 20,099 [2] 24,158 [2]
Supplemental disclosure of cash flow information      
Income taxes paid (received), net 1,128 1,053 [2] 1,872 [2]
Non-cash transfer of non-marketable equity securities to short-term investments 1,348 0 [2] 0 [2]
Reconciliation of cash, cash equivalents and restricted cash to the consolidated balance sheets      
Total cash, cash equivalents and restricted cash $ 29,225 $ 20,099 [2] $ 26,458 [2]
[1] See Note 1 for a summary of adjustments. The cumulative effect adjustment to Accumulated Deficit and Total Stockholders' Equity related to the adoption of ASU No. 2014-09 (Topic 606) as of June 30, 2016 was $11.8 million.
[2] See Note 1 for a summary of adjustments.