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Condensed Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating activities    
Net income (loss) $ 3,335,000 $ (3,954,000)
Loss on discontinued operations 0 3,986,000
Income from continuing operations 3,335,000 32,000
Adjustments to reconcile income from continuing operations to net cash provided by (used in) operating activities:    
Stock-based compensation expense 2,857,000 1,752,000
Depreciation and amortization 760,000 922,000
Operating lease amortization, net of accretion 710,000 544,000
Accretion of net premium on short-term investments 85,000 12,000
Equity in net (income) of equity method investees (616,000) 0
Other (351,000) 101,000
Changes in operating assets and liabilities:    
Accounts receivable (12,653,000) 16,355,000
Deferred income taxes 245,000 171,000
Deferred costs 4,694,000 1,979,000
Prepaid expenses and other current assets 205,000 (502,000)
Other assets (513,000) 28,000
Trade accounts payable 7,431,000 1,738,000
Accrued expenses and other liabilities (4,537,000) (10,259,000)
Income taxes payable (500,000) (152,000)
Operating lease liabilities (504,000) (897,000)
Deferred revenue (5,656,000) 10,345,000
Net cash provided by (used in) operating activities (5,008,000) 22,169,000
Investing activities    
Purchases of property and equipment (67,000) (461,000)
Purchases of short-term investments (2,381,000) (41,418,000)
Purchase of long-term investments (5,711,000) (2,000,000)
Proceeds from sales and maturities of short-term investments 21,791,000 11,052,000
Net cash provided by (used in) investing activities 13,632,000 (32,827,000)
Financing activities    
Proceeds from exercise of stock options 67,000 8,306,000
Tax withholdings related to net share settlements of restricted stock units (359,000) (832,000)
Proceeds from issuance of common stock under employee stock purchase plan 1,204,000 0
Repurchase of common stock (1,630,000) 0
Net cash provided by (used in) financing activities (718,000) 7,474,000
Effect of exchange rate changes on cash, cash equivalents and restricted cash 454,000 (336,000)
Net increase (decrease) in cash, cash equivalents and restricted cash, continuing operations 8,360,000 (3,520,000)
Net cash used in discontinued operations 0 (3,975,000)
Cash, cash equivalents and restricted cash, beginning of period 22,012,000 29,225,000
Cash, cash equivalents and restricted cash, end of period 30,372,000 21,730,000
Supplemental disclosure of cash flow information    
Income taxes paid, net 472,000 739,000
Non-cash investing: Investment in inMarket Media, LLC acquired in exchange for sale of Advertising business 0 15,600,000
Cash flows from discontinued operations:    
Net cash used in operating activities 0 (3,569,000)
Net cash used in financing activities 0 (406,000)
Net cash transferred from continuing operations 0 3,975,000
Net change in cash and cash equivalents from discontinued operations 0 0
Cash and cash equivalents of discontinued operations, beginning of period 0 0
Cash and cash equivalents of discontinued operations, end of period 0 0
Reconciliation of cash, cash equivalents and restricted cash to the condensed consolidated balance sheets    
Total cash, cash equivalents and restricted cash $ 30,372,000 $ 21,730,000