Fair Value Measurements (Tables)

9 Months Ended

Mar. 31, 2018

Fair Value Disclosures [Abstract]

Schedule of Fair Value for Financial Assets and Liabilities Measured on Recurring Basis

The following table presents the Company’s fair value hierarchy for its financial assets and liabilities measured at fair value on a recurring basis (in thousands):

March 31, 2018	Level 1		Level 2		Level 3		Total
Assets
Investments:
Money market funds	$	4,500	$	—	$	—	$	4,500
Marketable securities		2,091		—		—		2,091
Total assets measured at fair value	$	6,591	$	—	$	—	$	6,591
Liabilities
Acquisition-related contingent consideration obligations	$	—	$	—	$	46,526	$	46,526
Total liabilities measured at fair value	$	—	$	—	$	46,526	$	46,526

June 30, 2017	Level 1		Level 2		Level 3		Total
Assets
Investments:
Money market funds	$	4,291	$	—	$	—	$	4,291
Investment in non-marketable equity		—		—		3,000		3,000
Total assets measured at fair value	$	4,291	$	—	$	3,000	$	7,291

Schedule of Change in Acquisition-related Contingent Consideration Obligations

The change in the acquisition-related contingent consideration obligations is as follows (in thousands):

	Three Months Ended			Nine Months Ended
	March 31, 2018			March 31, 2018
Beginning balance	$	47,030		$	—
Initial fair value measurements		—			47,030
Payments		(671	)		(671	)
Accretion on discount		1,401			1,401
Change in fair value		(1,234	)		(1,234	)
Ending balance	$	46,526		$	46,526