Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016
Current assets:
Cash and cash equivalents	$ 82,257	$ 86,496
Accounts receivable, net	2,067	1,681
Prepaid expenses and other	11,291	7,409
Total current assets before funds held for clients	95,615	95,586
Funds held for clients	1,092,471	1,239,622
Total current assets	1,188,086	1,335,208
Long-term prepaid expenses	618	845
Capitalized internal-use software, net	14,944	11,427
Property and equipment, net	33,633	26,787
Intangible assets, net	9,657	10,419
Goodwill	6,003	6,003
Total assets	1,252,941	1,390,689
Current liabilities:
Accounts payable	3,134	1,621
Accrued expenses	22,096	24,979
Total current liabilities before client fund obligations	25,230	26,600
Client fund obligations	1,092,471	1,239,622
Total current liabilities	1,117,701	1,266,222
Deferred rent	9,548	4,646
Deferred income tax liabilities, net	351	249
Total liabilities	1,127,600	1,271,117
Stockholders' equity:
Preferred stock, $0.001 par value, 5,000 authorized, no shares issued and outstanding at June 30, 2016 and December 31, 2016
Common stock, $0.001 par value, 155,000 shares authorized at June 30, 2016 and December 31, 2016; 51,132 shares issued and outstanding at June 30, 2016 and 51,430 shares issued and outstanding at December 31, 2016	51	51
Additional paid-in capital	181,523	171,515
Accumulated deficit	(56,233)	(51,994)
Total stockholders' equity	125,341	119,572
Total liabilities and stockholders' equity	$ 1,252,941	$ 1,390,689