Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2018	Jun. 30, 2018
Current assets:
Cash and cash equivalents	$ 63,662	$ 137,193
Corporate investments	21,225	732
Accounts receivable, net	2,992	3,453
Deferred contract costs	16,215
Prepaid expenses and other	14,220	11,248
Total current assets before funds held for clients	118,314	152,626
Funds held for clients	1,168,156	1,225,614
Total current assets	1,286,470	1,378,240
Capitalized internal-use software, net	22,034	21,094
Property and equipment, net	61,823	62,029
Intangible assets, net	12,439	13,002
Goodwill	9,590	9,590
Long-term deferred contract costs	59,061
Long-term prepaid expenses and other	3,132	1,504
Deferred income tax assets, net	9,554	22,140
Total assets	1,464,103	1,507,599
Current liabilities:
Accounts payable	3,559	2,990
Accrued expenses	35,678	42,241
Total current liabilities before client fund obligations	39,237	45,231
Client fund obligations	1,168,156	1,225,614
Total current liabilities	1,207,393	1,270,845
Deferred rent	22,660	22,812
Other long-term liabilities	1,424	1,118
Total liabilities	1,231,477	1,294,775
Stockholders' equity:
Preferred stock, $0.001 par value, 5,000 authorized, no shares issued and outstanding at June 30, 2018 and September 30, 2018
Common stock, $0.001 par value, 155,000 shares authorized at June 30, 2018 and September 30, 2018; 52,758 shares issued and outstanding at June 30, 2018 and 52,796 shares issued and outstanding at September 30, 2018	53	53
Additional paid-in capital	176,851	219,588
Retained earnings (accumulated deficit)	55,846	(6,678)
Accumulated other comprehensive loss	(124)	(139)
Total stockholders' equity	232,626	212,824
Total liabilities and stockholders' equity	$ 1,464,103	$ 1,507,599