Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2017	Jun. 30, 2016
Current assets:
Cash and cash equivalents	$ 101,450	$ 86,496
Accounts receivable, net	2,177	1,681
Prepaid expenses and other	13,094	7,409
Total current assets before funds held for clients	116,721	95,586
Funds held for clients	1,170,341	1,239,622
Total current assets	1,287,062	1,335,208
Long-term prepaid expenses	1,592	845
Capitalized internal-use software, net	16,705	11,427
Property and equipment, net	34,297	26,787
Intangible assets, net	9,277	10,419
Goodwill	6,003	6,003
Total assets	1,354,936	1,390,689
Current liabilities:
Accounts payable	1,633	1,621
Accrued expenses	27,136	24,979
Total current liabilities before client fund obligations	28,769	26,600
Client fund obligations	1,170,341	1,239,622
Total current liabilities	1,199,110	1,266,222
Deferred rent	9,601	4,646
Deferred income tax liabilities, net	376	249
Total liabilities	1,209,087	1,271,117
Stockholders' equity:
Preferred stock, $0.001 par value, 5,000 authorized, no shares issued and outstanding at June 30, 2016 and March 31, 2017
Common stock, $0.001 par value, 155,000 shares authorized at June 30, 2016 and March 31, 2017; 51,132 shares issued and outstanding at June 30, 2016 and 51,489 shares issued and outstanding at March 31, 2017	51	51
Additional paid-in capital	187,230	171,515
Accumulated deficit	(41,432)	(51,994)
Total stockholders' equity	145,849	119,572
Total liabilities and stockholders' equity	$ 1,354,936	$ 1,390,689