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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Jun. 30, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 193,357 $ 286,454
Accounts receivable 149,399 105,298
Commissions receivable-current 202,289 89,120
Other current assets 10,511 4,486
Total current assets 555,556 485,358
COMMISSIONS RECEIVABLE—Net 683,516 756,777
PROPERTY AND EQUIPMENT—Net 42,676 29,510
SOFTWARE—Net 15,009 12,611
OPERATING LEASE RIGHT-OF-USE ASSETS 30,571 31,414
INTANGIBLE ASSETS—Net 37,727 40,670
GOODWILL 73,732 68,019
OTHER ASSETS 6,046 1,436
TOTAL ASSETS 1,444,833 1,425,795
CURRENT LIABILITIES:    
Accounts payable 47,579 34,079
Accrued expenses 22,904 20,676
Accrued compensation and benefits 43,384 40,909
Operating lease liabilities—current 5,251 5,289
Current portion of long-term debt 7,169 2,360
Other current liabilities 9,120 5,504
Total current liabilities 135,407 108,817
LONG-TERM DEBT, NET—less current portion 700,350 459,043
Deferred income taxes 76,942 139,240
OPERATING LEASE LIABILITIES 36,951 38,392
OTHER LIABILITIES 2,779 11,743
Total liabilities 952,429 757,235
COMMITMENTS AND CONTINGENCIES (Note 8)
SHAREHOLDERS’ EQUITY:    
Common stock, $0.01 par value 1,640 1,635
Additional paid-in capital 551,002 544,771
Retained earnings (accumulated deficit) (62,236) 121,925
Accumulated other comprehensive income 1,998 229
Total shareholders’ equity 492,404 668,560
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,444,833 $ 1,425,795