XML 15 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Revenues:        
Recurring fees $ 81,292 $ 65,347 $ 158,586 $ 127,267
Interest income on funds held for clients 1,783 731 3,400 1,448
Total recurring revenues 83,075 66,078 161,986 128,715
Implementation services and other 2,929 2,576 5,518 4,961
Total revenues 86,004 68,654 167,504 133,676
Cost of revenues:        
Recurring revenues 25,638 20,716 49,729 39,819
Implementation services and other 11,202 9,667 22,070 18,923
Total cost of revenues 36,840 30,383 71,799 58,742
Gross profit 49,164 38,271 95,705 74,934
Operating expenses:        
Sales and marketing 21,598 17,735 42,778 35,746
Research and development 9,274 7,222 18,169 14,523
General and administrative 18,159 14,957 34,110 28,815
Total operating expenses 49,031 39,914 95,057 79,084
Operating income (loss) 133 (1,643) 648 (4,150)
Other income 141 4 250 43
Income (loss) before income taxes 274 (1,639) 898 (4,107)
Income tax expense (benefit) (157) 32 (76) 132
Net income (loss) 431 (1,671) 974 (4,239)
Other comprehensive loss, net of tax        
Unrealized losses on securities, net of tax (105)   (110)  
Total other comprehensive loss, net of tax (105)   (110)  
Comprehensive income (loss) $ 326 $ (1,671) $ 864 $ (4,239)
Net income (loss) per share:        
Basic (in dollars per share) $ 0.01 $ (0.03) $ 0.02 $ (0.08)
Diluted (in dollars per share) $ 0.01 $ (0.03) $ 0.02 $ (0.08)
Weighted-average shares used in computing net income (loss) per share:        
Basic (in shares) 52,502 51,384 52,197 51,308
Diluted (in shares) 54,818 51,384 54,639 51,308