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Unaudited Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Revenues:    
Recurring and other revenue $ 180,824 $ 134,875
Interest income on funds held for clients 873 919
Total revenues 181,697 135,794
Cost of revenues 63,249 49,380
Gross profit 118,448 86,414
Operating expenses:    
Sales and marketing 49,885 37,674
Research and development 23,076 18,647
General and administrative 35,235 26,644
Total operating expenses 108,196 82,965
Operating income 10,252 3,449
Other expense (117) (257)
Income before income taxes 10,135 3,192
Income tax benefit (20,797) (9,268)
Net income 30,932 12,460
Other comprehensive loss, net of tax (75) (223)
Comprehensive income $ 30,857 $ 12,237
Net income per share:    
Basic (in dollars per share) $ 0.56 $ 0.23
Diluted (in dollars per share) $ 0.55 $ 0.22
Weighted-average shares used in computing net income per share:    
Basic (in shares) 54,810 54,015
Diluted (in shares) 56,506 56,050