ALLOWANCE FOR CREDIT LOSSES

12 Months Ended

Jun. 30, 2023

Receivables [Abstract]

ALLOWANCE FOR CREDIT LOSSES

ALLOWANCE FOR CREDIT LOSSES

The following illustrates the activity in our allowance for credit losses on accounts receivable:

Balance as of June 30, 2020	$	20,906
Adoption of ASC Topic 326 - cumulative effect	3,025
Credit loss expense	7,132
Write-off /adjustments	(8,912)
Balance as of June 30, 2021	$	22,151
Credit loss expense (recovery)	(1,913)
Write-off /adjustments	(3,765)
Balance as of June 30, 2022	$	16,473
Credit loss expense (recovery)	(2,007)
Write-off / adjustments	(638)
Balance as of June 30, 2023	$	13,828

Included in accounts receivable are unbilled receivables in the amount of $66.5 million as of June 30, 2023 (June 30, 2022—$47.9 million).

As of June 30, 2023, we have an allowance for credit losses of $0.3 million for contract assets (June 30, 2022—$0.7 million). For additional information on contract assets please see Note 3 “Revenues.”