Fair Value Measurements (Tables)

6 Months Ended

Dec. 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):

December 31, 2018	Level 1		Level 2		Level 3		Total
Assets
Investments:
Marketable securities	$	428	$	—	$	—	$	428
Total assets measured at fair value	$	428	$	—	$	—	$	428
Liabilities
Acquisition-related contingent consideration obligations	$	—	$	—	$	8,649	$	8,649
Total liabilities measured at fair value	$	—	$	—	$	8,649	$	8,649

June 30, 2018	Level 1		Level 2		Level 3		Total
Assets
Investments:
Marketable securities	$	1,459	$	—	$	—	$	1,459
Total assets measured at fair value	$	1,459	$	—	$	—	$	1,459
Liabilities
Acquisition-related contingent consideration obligations	$	—	$	—	$	12,749	$	12,749
Total liabilities measured at fair value	$	—	$	—	$	12,749	$	12,749

Schedule of Change in Acquisition-related Contingent Consideration Obligations

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

	Six Months Ended
	December 31, 2018
Beginning balance	$	12,749
Payments		(4,222	)
Accretion on discount		122
Ending balance	$	8,649