XML 15 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
Unaudited Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Revenues:        
Recurring fees $ 65,347 $ 51,732 $ 127,267 $ 94,095
Interest income on funds held for clients 731 615 1,448 1,143
Total recurring revenues 66,078 52,347 128,715 95,238
Implementation services and other 2,576 2,837 4,961 5,054
Total revenues 68,654 55,184 133,676 100,292
Cost of revenues:        
Recurring revenues 20,716 16,125 39,819 29,282
Implementation services and other 9,667 7,975 18,923 15,013
Total cost of revenues 30,383 24,100 58,742 44,295
Gross profit 38,271 31,084 74,934 55,997
Operating expenses:        
Sales and marketing 17,735 14,340 35,746 26,790
Research and development 7,222 6,799 14,523 12,228
General and administrative 14,957 11,239 28,815 21,690
Total operating expenses 39,914 32,378 79,084 60,708
Operating loss (1,643) (1,294) (4,150) (4,711)
Other income 4 214 43 297
Loss before income taxes (1,639) (1,080) (4,107) (4,414)
Income tax expense 32 85 132 186
Net loss $ (1,671) $ (1,165) $ (4,239) $ (4,600)
Net loss per share:        
Basic (in dollars per share) $ (0.03) $ (0.02) $ (0.08) $ (0.09)
Diluted (in dollars per share) $ (0.03) $ (0.02) $ (0.08) $ (0.09)
Weighted-average shares used in computing net loss per share:        
Basic (in shares) 51,384 50,890 51,308 50,817
Diluted (in shares) 51,384 50,890 51,308 50,817