Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2017	Jun. 30, 2017
Current assets:
Cash and cash equivalents	$ 111,027	$ 103,468
Accounts receivable, net	2,739	2,040
Prepaid expenses and other	7,456	14,879
Total current assets before funds held for clients	121,222	120,387
Funds held for clients	1,345,702	942,459
Total current assets	1,466,924	1,062,846
Long-term prepaid expenses	1,072	1,535
Capitalized internal-use software, net	18,786	17,394
Property and equipment, net	48,354	40,756
Intangible assets, net	8,189	8,907
Goodwill	6,003	6,003
Total assets	1,549,328	1,137,441
Current liabilities:
Accounts payable	1,794	2,046
Accrued expenses	29,128	30,301
Total current liabilities before client fund obligations	30,922	32,347
Client fund obligations	1,345,702	942,459
Total current liabilities	1,376,624	974,806
Deferred rent	14,243	14,621
Deferred income tax liabilities, net	308	401
Total liabilities	1,391,175	989,828
Stockholders' equity:
Preferred stock, $0.001 par value, 5,000 authorized, no shares issued and outstanding at June 30, 2017 and December 31, 2017
Common stock, $0.001 par value, 155,000 shares authorized at June 30, 2017 and December 31, 2017; 51,738 shares issued and outstanding at June 30, 2017 and 52,590 shares issued and outstanding at December 31, 2017	53	52
Additional paid-in capital	202,512	192,837
Accumulated deficit	(44,302)	(45,276)
Accumulated Other Comprehensive Income (Loss), Net of Tax	(110)
Total stockholders' equity	158,153	147,613
Total liabilities and stockholders' equity	$ 1,549,328	$ 1,137,441