Employee Benefit Plan

6 Months Ended

Dec. 31, 2019

Employee Benefit Plan

Employee Benefit Plan

Note 16.  Employee Benefit Plan

The Company has a 401k defined contribution plan (the “Plan”) covering substantially all employees.  Pursuant to the Plan provisions, the Company is required to make matching contributions equal to 50% of each employee’s contribution, not to exceed 4% of the employee’s compensation for the Plan year.  Contributions to the Plan during the three months ended December 31, 2019 and 2018 were $0.5 million and $0.4 million, respectively. Contributions to the Plan for both the six months ended December 31, 2019 and 2018 were $1.1 million, respectively.