Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2023	Jun. 30, 2022
Current assets:
Cash and cash equivalents	$ 233,692	$ 139,756
Accounts receivable, net	27,449	15,754
Deferred contract costs	73,574	59,501
Prepaid expenses and other	28,880	28,896
Total current assets before funds held for clients	363,595	243,907
Funds held for clients	3,202,415	3,987,776
Total current assets	3,566,010	4,231,683
Capitalized internal-use software, net	78,374	61,985
Property and equipment, net	60,067	62,839
Operating lease right-of-use assets	45,006	49,210
Intangible assets, net	37,164	45,475
Goodwill	102,054	101,949
Long-term deferred contract costs	280,310	229,067
Long‑term prepaid expenses and other	6,842	7,746
Deferred income tax assets	17,690	19,060
Total assets	4,193,517	4,809,014
Current liabilities:
Accounts payable	7,968	8,374
Accrued expenses	144,281	124,384
Total current liabilities before client fund obligations	152,249	132,758
Client fund obligations	3,202,415	3,987,776
Total current liabilities	3,354,664	4,120,534
Long-term operating lease liabilities	64,060	69,119
Other long-term liabilities	3,830	3,681
Deferred income tax liabilities	2,217	2,217
Total liabilities	3,424,771	4,195,551
Stockholders’ equity:
Preferred stock, $0.001 par value, 5,000 authorized, no shares issued and outstanding at June 30, 2022 and March 31, 2023	0	0
Common stock, $0.001 par value, 155,000 shares authorized at June 30, 2022 and March 31, 2023; 55,190 shares issued and outstanding at June 30, 2022 and 55,810 shares issued and outstanding at March 31, 2023	56	55
Additional paid-in capital	341,494	289,843
Retained earnings	429,436	325,868
Accumulated other comprehensive loss	(2,240)	(2,303)
Total stockholders' equity	768,746	613,463
Total liabilities and stockholders’ equity	$ 4,193,517	$ 4,809,014