Summary of Significant Accounting Policies (Tables)

9 Months Ended

Mar. 31, 2021

Accounting Policies [Abstract]

Schedule of Allowance for Credit Losses

The following table presents the changes in the Company’s allowance for credit losses for the nine months ended March 31, 2021 (in thousands):

	Allowance for Credit Losses
Balance as of June 30, 2020	$	9,287
Current period provision for credit losses		10
Write-offs charged against the allowance (1)		(9,063	)
Balance as of March 31, 2021	$	234

⁽¹⁾ In the third quarter of fiscal year 2019, the Company recorded an allowance of $8.7 million for bad debt expense related to a large former education client who entered federal receivership in January 2019. In the second quarter of fiscal year 2021, the Company believes that the likelihood of collection was no longer probable, therefore has determined to write off the receivable against this allowance, with no net impact to the Company’s condensed consolidated statements of operations.