Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023
Current assets:
Cash and cash equivalents	$ 305,031	$ 288,767
Accounts receivable, net	30,111	25,085
Deferred contract costs	82,438	78,109
Prepaid expenses and other	36,971	35,061
Total current assets before funds held for clients	454,551	427,022
Funds held for clients	2,528,353	2,621,415
Total current assets	2,982,904	3,048,437
Capitalized internal-use software, net	95,522	86,127
Property and equipment, net	63,341	64,069
Operating lease right-of-use assets	42,890	44,067
Intangible assets, net	31,991	34,527
Goodwill	102,054	102,054
Long-term deferred contract costs	305,788	294,222
Long‑term prepaid expenses and other	5,925	6,331
Deferred income tax assets	16,362	15,846
Total assets	3,646,777	3,695,680
Current liabilities:
Accounts payable	8,749	6,153
Accrued expenses	131,693	143,287
Total current liabilities before client fund obligations	140,442	149,440
Client fund obligations	2,531,789	2,625,355
Total current liabilities	2,672,231	2,774,795
Long-term operating lease liabilities	60,584	62,471
Other long-term liabilities	3,584	3,731
Deferred income tax liabilities	17,739	11,820
Total liabilities	2,754,138	2,852,817
Stockholders’ equity:
Preferred stock, $0.001 par value, 5,000 authorized, no shares issued and outstanding at June 30, 2023 and September 30, 2023	0	0
Common stock, $0.001 par value, 155,000 shares authorized at June 30, 2023 and September 30, 2023; 55,912 shares issued and outstanding at June 30, 2023 and 56,167 shares issued and outstanding at September 30, 2023	56	56
Additional paid-in capital	395,771	380,632
Retained earnings	501,207	466,690
Accumulated other comprehensive loss	(4,395)	(4,515)
Total stockholders' equity	892,639	842,863
Total liabilities and stockholders’ equity	$ 3,646,777	$ 3,695,680