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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Jun. 30, 2022
Current assets:    
Cash and cash equivalents $ 1,617,151 $ 1,596,542
Short-term investments 1,043,110 1,108,493
Accounts receivable, net 28,233 24,045
Acquired card receivables, net 458,650 256,392
Prepaid expenses and other current assets 170,111 151,258
Funds held for customers 3,355,909 3,142,660
Total current assets 6,673,164 6,279,390
Non-current assets:    
Operating lease right-of-use assets, net 68,988 76,445
Property and equipment, net 81,564 56,985
Intangible assets, net 361,427 432,583
Goodwill 2,396,509 2,362,893
Other assets 54,366 47,730
Total assets 9,636,018 9,256,026
Current liabilities:    
Accounts payable 8,519 9,948
Accrued compensation and benefits 32,901 29,004
Deferred revenue 26,328 31,868
Other accruals and current liabilities 194,733 120,080
Borrowings from credit facilities, net 135,046 75,097
Customer fund deposits 3,355,909 3,142,660
Total current liabilities 3,753,436 3,408,657
Non-current liabilities:    
Deferred revenue 410 2,159
Operating lease liabilities 72,477 82,728
Convertible senior notes, net 1,704,782 1,697,985
Other long-term liabilities 18,944 20,803
Total liabilities 5,550,049 5,212,332
Commitments and contingencies (Note 15)
Stockholders' equity:    
Preferred stock: $0.00001 par value per share; 10,000 shares authorized; none issued and outstanding 0 0
Common stock; $0.00001 par value per share; 500,000 shares authorized; 106,550 and 104,731 shares issued and outstanding at June 30, 2023 and 2022, respectively 2 2
Additional paid-in capital 4,946,623 4,598,737
Accumulated other comprehensive loss (4,488) (10,217)
Accumulated deficit (856,168) (544,828)
Total stockholders' equity 4,085,969 4,043,694
Total liabilities and stockholders' equity $ 9,636,018 $ 9,256,026