Fair Value Measurements (Tables)

3 Months Ended

Sep. 30, 2019

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):

September 30, 2019	Level 1		Level 2		Level 3		Total
Assets
Money market funds	$	8,647	$	—	$	—	$	8,647
U.S. Treasuries		—		9,329		—		9,329
Corporate debt securities		—		12,408		—		12,408
Commercial Paper		—		7,968		—		7,968
Total assets measured at fair value	$	8,647	$	29,705	$	—	$	38,352
Liabilities
Acquisition-related contingent consideration obligations	$	—	$	—	$	5,693	$	5,693
Total liabilities measured at fair value	$	—	$	—	$	5,693	$	5,693

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
	September 30, 2019
Beginning balance		6,298
Payments		(635	)
Accretion on discount		30
Ending balance	$	5,693