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Other Balance Sheet Components
 12 Months Ended
Jun. 30, 2021
Payables and Accruals [Abstract]  
Other Balance Sheet Components
Accrued expenses included the following:
 June 30, 2021June 30, 2020
Compensation costs$73,861 $67,307 
Income and indirect taxes46,074 53,161 
Advertising costs (1)35,093 14,746 
Shipping costs9,401 5,080 
Production costs6,881 7,012 
Sales returns5,636 5,166 
Professional fees4,210 3,452 
Interest payable (2)2,399 8,359 
Purchases of property, plant and equipment1,110 1,685 
Other (3)62,848 44,796 
Total accrued expenses$247,513 $210,764 
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(1) The increase in advertising costs is primarily due to expanded return thresholds for performance advertising channels in our Vistaprint business as compared to the fourth quarter of fiscal 2020, in addition to investment in upper-funnel advertising.
(2) The decrease in interest payable is due to the redemption of our 12% second lien notes during the fourth quarter of fiscal year 2021. Refer to Note 10 for additional details.
(3) The increase in other accrued expenses is due to an increase in accrued expenses for third-party cloud computing as compared to fiscal year 2020.
Other current liabilities included the following:
June 30, 2021June 30, 2020
Current portion of finance lease obligations (1)$32,314 $8,055 
Short-term derivative liabilities20,530 3,521 
Other (2)50,671 1,692 
Total other current liabilities$103,515 $13,268 
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(1) The current portion of finance lease obligations as of June 30, 2021, increased by $23,959 as compared to the prior year due to the change in classification of one of our leased facilities from an operating lease to a finance lease due to our intention to exercise the existing purchase option. Refer to Note 16 for further details.
(2) The increase in other current liabilities is driven by the deferred payment related to the 99designs acquisition totaling $44,423 due in February 2022. Refer to Note 7 for additional details.
Other liabilities included the following:
June 30, 2021June 30, 2020
Long-term finance lease obligations$18,528 $18,617 
Long-term derivative liabilities41,074 51,800 
Other36,808 17,770 
Total other liabilities$96,410 $88,187