QuinStreet (QNST) 10-K 29 Aug 19 2019 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Jun. 30, 2019	Aug. 23, 2019	Dec. 31, 2018
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Jun. 30, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Trading Symbol	QNST
Entity Registrant Name	QUINSTREET, INC
Entity Central Index Key	0001117297
Current Fiscal Year End Date	--06-30
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		50,966,660
Entity Public Float			$ 726,576,963
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	false
Entity File Number	001-34628
Entity Tax Identification Number	770512121
Entity Address, Address Line One	950 Tower Lane
Entity Address, Address Line Two	6th Floor
Entity Address, City or Town	Foster City
Entity Address, State or Province	California
Entity Address, Postal Zip Code	94404
City Area Code	650
Local Phone Number	587-7700

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018
Current assets:
Cash and cash equivalents	$ 62,522	$ 64,700
Accounts receivable, net	75,628	68,492
Prepaid expenses and other assets	5,228	4,432
Total current assets	143,378	137,624
Property and equipment, net	5,410	4,211
Goodwill	82,544	62,283
Other intangible assets, net	35,118	8,573
Deferred tax assets, noncurrent	52,149	60
Other assets, noncurrent	6,012	7,545
Total assets	324,611	220,296
Current liabilities:
Accounts payable	37,093	32,506
Accrued liabilities	36,878	34,811
Deferred revenue	761	715
Other liabilities	8,967
Total current liabilities	83,699	68,032
Other liabilities, noncurrent	18,083	3,938
Total liabilities	101,782	71,970
Commitments and contingencies (See Note 10)
Stockholders' equity:
Common stock: $0.001 par value; 100,000,000 shares authorized; 50,518,460 and 48,146,384 shares issued and outstanding at June 30, 2019 and June 30, 2018	50	48
Additional paid-in capital	289,768	277,761
Accumulated other comprehensive loss	(366)	(380)
Accumulated deficit	(66,623)	(129,103)
Total stockholders' equity	222,829	148,326
Total liabilities and stockholders' equity	$ 324,611	$ 220,296

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2019	Jun. 30, 2018
Statement Of Financial Position [Abstract]
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	50,518,460	48,146,384
Common stock, shares outstanding	50,518,460	48,146,384

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands		12 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Income Statement [Abstract]
Net revenue		$ 455,154,000	$ 404,358,000	$ 299,785,000
Cost of revenue	[1]	393,509,000	345,947,000	269,409,000
Gross profit		61,645,000	58,411,000	30,376,000
Operating expenses:
Product development	[1]	12,329,000	13,805,000	13,476,000
Sales and marketing	[1]	8,755,000	10,414,000	9,189,000
General and administrative	[1]	29,834,000	18,556,000	15,934,000
Restructuring charges	[1]	0	0	2,441,000
Operating income (loss)		10,727,000	15,636,000	(10,664,000)
Interest income		290,000	181,000	138,000
Interest expense		(367,000)	0	(346,000)
Other income (expense), net		69,000	687,000	(2,416,000)
Income (loss) before income taxes		10,719,000	16,504,000	(13,288,000)
Benefit from (provision for) income taxes		51,761,000	(574,000)	1,080,000
Net income (loss)		$ 62,480,000	$ 15,930,000	$ (12,208,000)
Net income (loss) per share:
Basic		$ 1.26	$ 0.34	$ (0.27)
Diluted	[2]	$ 1.18	$ 0.32	$ (0.27)
Weighted-average shares used in computing net income (loss) per share:
Basic		49,581	46,417	45,594
Diluted		52,754	49,872	45,594
[1]	Cost of revenue and operating expenses include stock-based compensation expense as follows:  Cost of revenue $7,354 $3,982 $3,109 Product development 1,606 1,949 1,834 Sales and marketing 1,358 1,222 1,154 General and administrative 3,810 3,029 2,759 Restructuring charges — — 42
[2]	In fiscal year 2017, diluted EPS does not reflect any potential common stock relating to stock options or restricted stock units due to net losses incurred as the assumed issuance of any additional shares would be anti-dilutive.

Consolidated Statements of Op_2

Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Cost of revenue [Member]
Stock-based compensation	$ 7,354	$ 3,982	$ 3,109
Product development [Member]
Stock-based compensation	1,606	1,949	1,834
Sales and marketing [Member]
Stock-based compensation	1,358	1,222	1,154
General and administrative [Member]
Stock-based compensation	3,810	3,029	2,759
Restructuring charges [Member]
Stock-based compensation	$ 0	$ 0	$ 42

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Statement Of Income And Comprehensive Income [Abstract]
Net income (loss)	$ 62,480	$ 15,930	$ (12,208)
Other comprehensive income (loss):
Foreign currency translation adjustment	14	83	(45)
Total other comprehensive income (loss)	14	83	(45)
Comprehensive income (loss)	$ 62,494	$ 16,013	$ (12,253)

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Treasury Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Other Comprehensive Loss [Member]	Accumulated Deficit [Member]
Beginning Balance at Jun. 30, 2016	$ 124,752	$ 45		$ 257,950	$ (418)	$ (132,825)
Beginning Balance, Shares at Jun. 30, 2016		45,557,295
Release of restricted stock, net of share settlement, Shares		597,564
Stock-based compensation expense	9,088			9,088
Withholding taxes related to release of restricted stock, net of share settlement	(1,018)			(1,018)
Repurchase of common stock	(2,487)		$ (2,487)
Repurchase of common stock, Shares			(719,023)
Retirement of treasury stock	2,487		$ 2,487	(2,487)
Retirement of treasury stock, Shares		(719,023)	719,023
Net income (loss)	(12,208)					(12,208)
Other comprehensive income (loss)	(45)				(45)
Ending Balance at Jun. 30, 2017	118,082	$ 45		263,533	(463)	(145,033)
Ending Balance, Shares at Jun. 30, 2017		45,435,836
Issuance of common stock upon exercise of stock options	$ 11,115	$ 1		11,114
Issuance of common stock upon exercise of stock options, Shares	1,465,265	1,465,265
Release of restricted stock, net of share settlement		$ 2		(2)
Release of restricted stock, net of share settlement, Shares		1,338,624
Stock-based compensation expense	$ 10,250			10,250
Withholding taxes related to release of restricted stock, net of share settlement	(6,487)			(6,487)
Repurchase of common stock	(647)		$ (647)
Repurchase of common stock, Shares			(93,341)
Retirement of treasury stock	$ 647		$ 647	(647)
Retirement of treasury stock, Shares	93,341	(93,341)	93,341
Net income (loss)	$ 15,930					15,930
Other comprehensive income (loss)	83				83
Ending Balance at Jun. 30, 2018	$ 148,326	$ 48		277,761	(380)	(129,103)
Ending Balance, Shares at Jun. 30, 2018	48,146,384	48,146,384
Issuance of common stock upon exercise of stock options	$ 7,702	$ 1		7,701
Issuance of common stock upon exercise of stock options, Shares	1,147,124	1,147,124
Release of restricted stock, net of share settlement		$ 1		(1)
Release of restricted stock, net of share settlement, Shares		1,224,952
Stock-based compensation expense	$ 14,198			14,198
Withholding taxes related to release of restricted stock, net of share settlement	(9,891)			(9,891)
Retirement of treasury stock	$ 0
Retirement of treasury stock, Shares	0
Net income (loss)	$ 62,480					62,480
Other comprehensive income (loss)	14				14
Ending Balance at Jun. 30, 2019	$ 222,829	$ 50		$ 289,768	$ (366)	$ (66,623)
Ending Balance, Shares at Jun. 30, 2019	50,518,460	50,518,460

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Cash Flows from Operating Activities
Net income (loss)	$ 62,480	$ 15,930	$ (12,208)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	8,975	7,767	11,377
Provision for sales returns and doubtful accounts receivable	9,343	525	291
Stock-based compensation	14,128	10,182	8,898
Deferred income taxes	(52,019)	(51)	(430)
Impairment of investment	0	0	2,500
Other adjustments, net	610	(1,108)	(116)
Changes in assets and liabilities:
Accounts receivable	(8,321)	(24,958)	2,868
Prepaid expenses and other assets	(545)	1,910	830
Other assets, noncurrent	634	1,096	891
Accounts payable	4,534	7,350	5,394
Accrued liabilities	(3,368)	8,489	(1,155)
Deferred revenue	46	(411)	(74)
Other liabilities, noncurrent	1,468	258	(530)
Net cash provided by operating activities	37,965	26,979	18,536
Cash Flows from Investing Activities
Capital expenditures	(1,972)	(610)	(1,160)
Business acquisitions	(32,737)	(14,154)	0
Internal software development costs	(2,336)	(2,146)	(2,185)
Other investing activities	56	1,061	(26)
Net cash used in investing activities	(36,989)	(15,849)	(3,371)
Cash Flows from Financing Activities
Proceeds from exercise of common stock options	7,789	11,028	0
Payment of withholding taxes related to release of restricted stock, net of share settlement	(9,891)	(6,487)	(1,018)
Post-closing payments related to acquisitions	(1,952)	0	0
Repurchases of common stock	0	(647)	(2,487)
Repayment of revolving loan facility	0	0	(15,000)
Net cash (used in) provided by financing activities	(4,054)	3,894	(18,505)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	26	105	(33)
Net (decrease) increase in cash, cash equivalents and restricted cash	(3,052)	15,129	(3,373)
Cash, cash equivalents and restricted cash at beginning of period	65,588	50,459	53,832
Cash, cash equivalents and restricted cash at end of period	62,536	65,588	50,459
Reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheets
Cash and cash equivalents	62,522	64,700	49,571
Restricted cash included in other assets, noncurrent	$ 14	$ 888	$ 888
Restricted Cash, Noncurrent, Asset, Statement of Financial Position [Extensible List]	us-gaap:OtherAssetsNoncurrent	us-gaap:OtherAssetsNoncurrent	us-gaap:OtherAssetsNoncurrent
Cash, cash equivalents and restricted cash at end of period	$ 62,536	$ 65,588	$ 50,459
Supplemental Disclosure of Cash Flow Information
Cash paid for interest	0	0	295
Cash paid for income taxes	334	245	390
Supplemental Disclosure of Noncash Investing and Financing Activities
Post-closing payments unpaid at acquisition date (See Note 6)	17,893	0	0
Contingent consideration unpaid at acquisition date (See Note 6)	5,058	0	0
Purchases of property and equipment included in accrued liabilities	230	215	98
Retirement of treasury stock	$ 0	$ (647)	$ (2,487)

The Company

The Company	12 Months Ended
	Jun. 30, 2019
Organization [Abstract]
The Company	1. The Company QuinStreet, Inc. (the “Company”) is a leader in performance marketplace products and technologies. The Company was incorporated in California in April 1999 and reincorporated in Delaware in December 2009. The Company specializes in customer acquisition for clients in high value, information-intensive markets or “verticals,” including financial services, education, home services and business-to-business technology. The corporate headquarters are located in Foster City, California, with additional offices throughout the United States, Brazil and India. While the majority of the Company’s operations and revenue are in North America, the Company also has emerging businesses in Brazil and India.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Principles of Consolidation The consol i Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management Revenue Recognition The Company derives revenue primarily from fees earned through the delivery of qualified clicks, leads, inquiries, calls, applications, customers and, to a lesser extent, display advertisements, or impressions. Effective July 1, 2018, the Company adopted ASC 606, Revenue from Contracts with Customers (ASC 606) As part of determining whether a contract exists, probability of collection is assessed on a client-by-client basis at the outset of the contract. Clients are subjected to a credit review process that evaluates the clients’ financial position and the ability and intention to pay. If it is determined from the outset of an arrangement that the client does not have the ability or intention to pay, the Company will conclude that a contract does not exist and will continuously reassess its evaluation until the Company is able to conclude that a contract does exist. Generally, the Company’s contracts specify the period of time as one month, but in some instances the term may be longer. However, for most of the Company’s contracts with clients, either party can terminate the contract at any time without penalty. Consequently, enforceable rights and obligations only exist on a day-to-day basis, resulting in individual daily contracts during the specified term of the contract or until one party terminates the contract prior to the end of the specified term. The Company has assessed the services promised in its contracts with clients and has identified one performance obligation, which is a series of distinct services. Depending on the client’s needs, these services consist of a specified number or an unlimited number of clicks, leads, calls, applications, customers, etc. (hereafter collectively referred to as “marketing results”) to be delivered over a period of time. The Company satisfies these performance obligations over time as the services are provided. The Company does not promise to provide any other significant goods or services to its clients. Transaction price is measured based on the consideration that the Company expects to receive from a contract with a client. The Company’s contracts with clients contain variable consideration as the price for an individual marketing result varies on a day-to-day basis depending on the market-driven amount a client has committed to pay. However, because the Company ensures the stated period of its contracts does not generally span multiple reporting periods, the contractual amount within a period is based on the number of marketing results delivered within the period. Therefore, the transaction price for any given period is fixed and no estimation of variable consideration is required. If a marketing result delivered to a client does not meet the contractual requirements associated with that marketing result, the Company’s contracts allow for clients to return a marketing result generally within 5-10 days of having received the marketing result. Such returns are factored into the amount billed to the client on a monthly basis and consequently result in a reduction to revenue in the same month the marketing result is delivered. No warranties are offered to the Company’s clients. The Company does not allocate transaction price as the Company has only one performance obligation and its contracts do not generally span multiple periods. Taxes collected from clients and remitted to governmental authorities are not included in revenue. The Company elected to use the practical expedient which allows the Company to record sales commissions as expense as incurred when the amortization period would have been one year or less. The Company bills clients monthly in arrears for the marketing results delivered during the preceding month. The Company’s standard payment terms are 30-60 days. Consequently, the Company does not have significant financing components in its arrangements. Separately from the agreements the Company has with clients, the Company has agreements with Internet search companies, third-party publishers and strategic partners to generate potential marketing results for its clients. The Company receives a fee from its clients and separately pays a fee to the Internet search companies, third-party publishers and strategic partners. The Company is the principal in the transaction. As a result, the fees paid by its clients are recognized as revenue and the fees paid to its Internet search companies, third-party publishers and strategic partners are included in cost of revenue. Concentrations of Credit Risk Financial instruments that potentially subject the Company to significant concentrations of credit risk consist principally of cash and cash equivalents and accounts receivable. The Company’s investment portfolio consists of money market funds. Cash is deposited with financial institutions that management believes are creditworthy. To date, the Company has not experienced any material losses on its investment portfolio. The Company maintains contracts with its clients, most of which are cancelable with little or no prior notice. In addition, these contracts do not contain penalty provisions for cancellation before the end of the contract term. In fiscal years 2019, 2018 and 2017, the Company had one client, The Progressive Corporation that accounted for 22%, 23% and 17% of net revenue. No other client accounted for 10% or more of net revenue in fiscal years 2019, 2018 and 2017. The Company’s accounts receivable are derived from clients located principally in the United States. The Company performs ongoing credit evaluation of its clients, does not require collateral, and maintains allowances for potential credit losses on client accounts when deemed necessary. The Company had one client, The Progressive Corporation, that accounted for 11% of net accounts receivable as of June 30, 2019. The Company had two clients, The Progressive Corporation and Dream Center Education Holdings, that each individually accounted for 13% of net accounts receivable as of June 30, 2018. No other clients accounted for 10% or more of net accounts receivable as of June 30, 2019 or 2018. Fair Value of Financial Instruments Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the reporting date. The Company estimates and categorizes the fair value of its financial instruments by applying the following hierarchy: Level 1 — Valuations based on quoted prices in active markets for identical assets or liabilities that the Company has the ability to directly access. Level 2 — Valuations based on quoted prices for similar assets or liabilities; valuations for interest-bearing securities based on non-daily quoted prices in active markets; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable data for substantially the full term of the assets or liabilities. Level 3 — Valuations based on inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. A financial instrument’s level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. The Company’s financial instruments consist principally of cash equivalents, accounts receivable, accounts payable, post-closing payments and contingent consideration related to acquisitions. The recorded values of the Company’s accounts receivable and accounts payable approximate their current fair values due to the relatively short-term nature of these accounts. Fair Value Measurements, Cash, Cash Equivalents and Restricted Cash All highly liquid investments with maturities of three months or less at the date of purchase are classified as cash equivalents on the Company’s consolidated balance sheets. As of June 30, 2018, the Company maintained $0.9 million cash restricted as collateral for letters of credit that is reflected within other assets, noncurrent, in the Company’s consolidated balance sheet. In the second quarter of fiscal year 2019, the cash restriction from the issuing financial institution was removed. Property and Equipment Property and equipment are stated at cost less accumulated depreciation and amortization, and are depreciated on a straight-line basis over the estimated useful lives of the assets, as follows: Computer equipment 3 years Software 3 years Furniture and fixtures 3 to 5 years Leasehold improvements the shorter of the lease term or the estimated useful lives of the improvements Internal Software Development Costs The Company incurs costs to develop software for internal use. The Company expenses all costs that relate to the planning and post-implementation phases of development as product development expense. Costs incurred in the development phase are capitalized and amortized over the product’s estimated useful life if the product is expected to have a useful life beyond six months. Costs associated with repair or maintenance of existing sites or the development of website content are included within cost of revenue in the Company’s consolidated statements of operations. The Company’s policy is to amortize capitalized internal software development costs on a product-by-product basis using the straight-line method over the estimated economic life of the application, which is generally two years. The Company capitalized internal software development costs of $2.3 million, $2.0 million and $2.1 million in fiscal years 2019, 2018 and 2017. Amortization of internal software development costs is reflected within cost of revenue in the Company’s consolidated statements of operations. Business The Company accounts for acquisitions of entities that include inputs and processes and have the ability to create outputs as business combinations. Under the acquisition method of accounting, the total consideration is allocated to the tangible and identifiable intangible assets acquired and liabilities assumed based on their estimated fair values at the acquisition date. The excess of the purchase price over the fair values of these identifiable assets and liabilities is recorded as goodwill. In determining the fair value of assets acquired and liabilities assumed in a business combination, the Company used the income approach to value its most significant acquired asset. Significant assumptions relating to the Company’s estimates in the income approach include base revenue, revenue growth rate, net of client attrition, projected gross margin, discount rates, rates of increase in operating expenses and the future effective income tax rates. The valuations of our acquired businesses have been performed by a third-party valuation specialist under the Company management’s supervision. The Company believes that the estimated fair value assigned to the assets acquired and liabilities assumed are based on reasonable assumptions and estimates that marketplace participants would use. However, such assumptions are inherently uncertain and actual results could differ from those estimates. Future changes in our assumptions or the interrelationship of those assumptions may negatively impact future valuations. In future measurements of fair value, adverse changes in discounted cash flow assumptions could result in an impairment of goodwill or intangible assets that would require a non-cash charge to the consolidated statements of operations and may have a material effect on our financial condition and operating results. Acquisition related costs are not considered part of the consideration, and are expensed as operating expense as incurred. Contingent consideration, if any, is measured at fair value initially on the acquisition date as well as subsequently at the end of each reporting period until settlement at the end of the assessment period. The Company Goodwill The Company conducts a test for the impairment of goodwill at the reporting unit level on at least an annual basis and whenever there are events or changes The Company performs its annual goodwill impairment test on April 30 and conducts a qualitative assessment to determine whether it is necessary to perform a two-step quantitative goodwill impairment test. In assessing the qualitative factors, the Company considers the impact of key factors such as changes in industry and competitive environment, stock price, actual revenue performance compared to previous years, forecasts and cash flow generation. The Company had one reporting unit for purposes of allocating and testing goodwill for fiscal years 2019 and 2018. Based on the results of the qualitative assessment completed as of April 30, 2019 and 2018, there were no indicators of impairment. Long-Lived Assets The Company evaluates long-lived assets, such as property and equipment and purchased intangible assets with finite lives, for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. If necessary, a quantitative test is performed that requires the application of judgment when assessing the fair value of an asset. When the Company identifies an impairment, it reduces the carrying amount of the asset to its estimated fair value based on a discounted cash flow approach or, when available and appropriate, to comparable market values. As of April 30, 2019 and 2018, the Company evaluated its long-lived assets and concluded there were no indicators of impairment. Income Taxes The Company accounts for income taxes using an asset and liability approach to record deferred taxes. The Company’s deferred income tax assets represent temporary differences between the financial statement carrying amount and the tax basis of existing assets and liabilities that will result in deductible amounts in future years, including net loss carry forwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates that apply to taxable income in effect for the years in which those tax assets and liabilities are expected to be realized or settled. Valuation allowances are provided when necessary to reduce deferred tax assets to the amount expected to be realized. The Company recognizes Interest and penalties related to unrecognized tax benefits are recognized within income tax expense. Foreign Currency Translation The Company’s foreign operations are subject to exchange rate fluctuations. The majority of the Company’s sales and expenses are denominated in U.S. dollars. The functional currency for the majority of the Company’s foreign subsidiaries is the U.S. dollar. For these subsidiaries, assets and liabilities denominated in foreign currency are remeasured into U.S. dollars at current exchange rates for monetary assets and liabilities and historical exchange rates for nonmonetary assets and liabilities. Net revenue, cost of revenue and expenses are generally remeasured at average exchange rates in effect during each period. Gains and losses from foreign currency remeasurement are included in other income (expense), net in the Company’s consolidated statements of operations. Certain foreign subsidiaries designate the local currency as their functional currency. For those subsidiaries, the assets and liabilities are translated into U.S. dollars at exchange rates in effect at the balance sheet date. Income and expense items are translated at average exchange rates for the period. The foreign currency translation adjustments are included in accumulated other comprehensive loss as a separate component of stockholders’ equity. Foreign currency transaction gains and losses are recorded within other income (expense), net in the Company’s consolidated statements of operations and were not material for any period presented. Comprehensive Income (Loss) Comprehensive income (loss) consists of two components, net income (loss) and other comprehensive income (loss). Other comprehensive income (loss) refers to revenue, expenses, gains, and losses that under GAAP are recorded as an element of stockholders’ equity but are excluded from net income (loss). The Company’s comprehensive income (loss) and accumulated other comprehensive loss consists of foreign currency translation adjustments from those subsidiaries not using the U.S. dollar as their functional currency. Total accumulated other comprehensive loss is displayed as a separate component of stockholders’ equity. Loss Contingencies The Company is subject to the possibility of various loss contingencies arising in the ordinary course of business. Management considers the likelihood of loss or impairment of an asset or the incurrence of a liability, as well as its ability to reasonably estimate the amount of loss, in determining loss contingencies. An estimated loss contingency is accrued when it is probable that an asset has been impaired or a liability has been incurred and the amount of loss can be reasonably estimated. The Company regularly evaluates current information available to its management to determine whether such accruals should be adjusted and whether new accruals are required. From time to time, the Company is involved in disputes, litigation and other legal actions. The Company records a charge equal to at least the minimum estimated liability for a loss contingency only when both of the following conditions are met: (i) information available prior to issuance of the financial statements indicates that it is probable that an asset had been impaired or a liability had been incurred at the date of the financial statements, and (ii) the range of loss can be reasonably estimated. The actual liability in any such matters may be materially different from the Company’s estimates, which could result in the need to adjust the liability and record additional expenses. Stock-Based Compensation The Company measures and records the expense related to stock-based transactions based on the fair values of stock-based payment awards, as determined on the date of grant. The fair value of restricted stock units with a service condition (“service-based RSU”) is determined based on the closing price of the Company’s common stock on the date of grant. To estimate the fair value of stock options, the Company selected the Black-Scholes option pricing model. The fair value of restricted stock units with a service and performance condition (“performance-based RSU”) is determined based on the closing price of the Company’s common stock on the date of grant. Grant date as defined by ASC 718 is determined when the components that comprise the performance targets have been fully established. If a grant date has not been established, the compensation expense associated with the performance-based RSUs is re-measured at each reporting date based on the closing price of our common stock at each reporting date until the grant date has been established. For restricted stock units with a service and market condition (“market-based RSU”), the Company selected the Monte Carlo simulation model to estimate the fair value on the date of grant. In applying these models, the Company’s determination of the fair value of the award is affected by assumptions regarding a number of subjective variables. These variables include, but are not limited to, the Company’s expected stock price volatility over the term of the award and the employees’ actual and projected stock option exercise and pre-vesting employment termination behaviors. The Company recognizes stock-based compensation expense for options and service-based RSUs using the straight-line method, and for performance-based RSUs and market-based RSUs using the graded vesting method, based on awards ultimately expected to vest. The Company estimates future forfeitures at the date of grant. On an annual basis, the Company assesses changes to its estimate of expected forfeitures based on recent forfeiture activity. The effect of adjustments made to the forfeiture rates, if any, is recognized in the period that change is made. See Note 11, Stock Benefit Plans 401(k) Savings Plan The Company sponsors a 401(k) defined contribution plan covering all U.S. employees. There were no employer contributions under this plan in fiscal years 2019, 2018 or 2017. Recent Accounting Pronouncements Accounting Pronouncements Adopted Revenue Recognition. In May 2014, the Financial Accounting Standards Board (“FASB”) issued a new accounting standard update on revenue from contracts with clients. The new guidance provides that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In March and April 2016, the FASB amended this standard to clarify implementation guidance on principal versus agent considerations and the identification of performance obligations and licensing. In May 2016, the FASB amended this standard to address improvements to the guidance on collectability, noncash consideration, and completed contracts at transition as well as provide a practical expedient for contract modifications at transition and an accounting policy election related to the presentation of sales taxes and other similar taxes collected from customers. The Company adopted the new standard effective July 1, 2018 using the modified retrospective approach applied to all contracts which were not completed as of July 1, 2018. The adoption of the standard did not have a material effect on any individual line within the Company’s consolidated financial statements nor on the financial statements as a whole. Therefore, the Company has not included the impact of adoption by line item in its disclosures. Statement of Cash Flows – Restricted Cash. In November 2016, the FASB issued a new accounting standard update on the disclosure of restricted cash on the statement of cash flows. The new standard requires the statement of cash flows explain the changes during a reporting period of the totals for cash, cash equivalents, restricted cash, and restricted cash equivalents. Additionally, amounts for restricted cash and restricted cash equivalents are to be included with cash and cash equivalents if the cash flow statement includes a reconciliation of the total cash balances for a reporting period. The Company adopted the new standard effective July 1, 2018. The adoption of this standard did not have a material impact on the Company’s consolidated financial statements. Business Combination – Definition of a Business. In January 2017, the FASB issued a new accounting standard update, which revises the definition of a business and provides new guidance in evaluating when a set of transferred assets and activities is a business. The Company adopted the new standard effective July 1, 2018 on a prospective basis. The adoption of this standard did not have a material impact on the Company’s consolidated financial statements. Shared-Based Payment Accounting. In May 2017, the FASB issued a new accounting standard update to amend the scope of modification accounting for share-based payment arrangements. The amendments in the update provide guidance on the types of changes to the terms or conditions of share-based payment awards that would be required to apply modification accounting under ASC 718, Compensation-Stock Compensation. The Company adopted the new standard effective on July 1, 2018. The adoption of this standard did not have a material impact on the Company’s consolidated financial statements. Accounting Pronouncements Not Yet Adopted Leases. In February 2016, the FASB issued a new accounting standard update which replaces ASC 840, “Leases.” The new standard requires lessees to recognize on its balance sheet a right-of-use asset representing its right to use the underlying assets for the lease term and a lease liability representing the lease payment obligations. The guidance also requires a lessee to recognize a single lease cost, calculated so that the cost of the lease is allocated over the lease term, generally on a straight-line basis. The standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years, with early adoption permitted. The standard will be effective for the Company in the first quarter of fiscal year 2020. The new standard requires that leases be recognized and measured as of the earliest period presented, using a modified retrospective approach, with all periods presented being adjusted and presented under the new standard. In July 2018, the FASB amended this standard to provide companies an optional adoption method whereby a company does not have to adjust comparative period financial statements for the new standard. The Company will adopt the new standard using the optional adoption method and therefore not adjust comparative financial statements. The Company Goodwill Impairment. In January 2017, the FASB issued a new accounting standard update to simplify the measurement of goodwill by eliminating the Step 2 impairment test. Step 2 measures a goodwill impairment loss by comparing the implied fair value of a reporting unit’s goodwill with the carrying amount of that goodwill. The new standard requires an entity to compare the fair value of a reporting unit with its carrying amount and recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value. Additionally, an entity should consider income tax effects from any tax deductible goodwill on the carrying amount of the reporting unit when measuring the goodwill impairment loss, if applicable. The new guidance becomes effective for goodwill impairment tests in fiscal years beginning after December 15, 2019, with early adoption permitted. The adoption of this standard is not expected to have an impact on the Company’s consolidated financial statements.

Revenue

Revenue	12 Months Ended
	Jun. 30, 2019
Revenue From Contract With Customer [Abstract]
Revenue	3. Revenue Disaggregation of Revenue The following table shows the Company’s net revenue disaggregated by vertical (in thousands): Fiscal Year Ended June 30, 2019 2018 2017 Net revenue: Financial services $ 330,384 $ 283,114 $ 184,803 Education 68,473 77,261 72,140 Other 56,297 43,983 42,842 Total net revenue $ 455,154 $ 404,358 $ 299,785 Contract Balances The following table provides information about contract liabilities from the Company’s contracts with its clients (in thousands): June 30, 2019 2018 Deferred revenue $ 761 $ 715 Client deposits 661 684 The Company’s contract liabilities result from payments received in advance of revenue recognition and advance consideration received from clients, which precede the Company’s satisfaction of the associated performance obligation .

Net Income (Loss) per Share

Net Income (Loss) per Share	12 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Net Income (Loss) per Share	4. Net Income (Loss) per Share Basic net income (loss) per share is computed by dividing net income (loss) by the weighted-average number of shares of common stock outstanding during the period. Diluted net income (loss) per share is computed by using the weighted-average number of shares of common stock outstanding, including potential dilutive shares of common stock assuming the dilutive effect of outstanding stock options and restricted stock units using the treasury stock method. The following table presents the calculation of basic and diluted net income (loss) per share: Fiscal Year Ended June 30, 2019 2018 2017 (In thousands, except per share data) Numerator: Basic and Diluted: Net income (loss) $ 62,480 $ 15,930 $ (12,208 ) Denominator: Basic: Weighted-average shares of common stock used in computing basic net income (loss) per share 49,581 46,417 45,594 Diluted: Weighted average shares of common stock used in computing basic net income (loss) per share 49,581 46,417 45,594 Weighted average effect of dilutive securities: Stock options 1,724 1,334 — Restricted stock units 1,449 2,121 — Weighted average shares of common stock used in computing diluted net income (loss) per share 52,754 49,872 45,594 Net income (loss) per share: Basic $ 1.26 $ 0.34 $ (0.27 ) Diluted (1) $ 1.18 $ 0.32 $ (0.27 ) Securities excluded from weighted-average shares used in computing diluted net income (loss) per share because the effect would have been anti-dilutive: (2) 118 1,129 7,060 (1) In fiscal year 2017, diluted EPS does not reflect any potential common stock relating to stock options or restricted stock units due to net losses incurred as the assumed issuance of any additional shares would be anti-dilutive. (2) These weighted shares relate to anti-dilutive stock options and restricted stock units as calculated using the treasury stock method and could be dilutive in the future.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Jun. 30, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements	5. Fair Value Measurements The following present June 30, 2019 Level 1 Level 2 Level 3 Total Assets: Money market funds $ 11,206 $ — $ — $ 11,206 Total $ 11,206 $ — $ — $ 11,206 Liabilities: Post-closing payments related to acquisitions $ — $ 16,259 $ — $ 16,259 Contingent consideration related to acquisitions — — 5,058 5,058 Total $ — $ 16,259 $ 5,058 $ 21,317 June 30, 2018 Level 1 Level 2 Level 3 Total Assets: Money market funds $ 10,949 $ — $ — $ 10,949 Total $ 10,949 $ — $ — $ 10,949 There were no transfers between Level 1 and Level 2 during the periods presented. The following table represents the change in the contingent consideration (in thousands): Level 3 Balance as of June 30, 2018 $ — Additions 5,058 Balance as of June 30, 2019 $ 5,058 Cash Equivalents The valuation technique used to measure the fair value of money market funds included using quoted prices in active markets for identical assets. Post-Closing Payments Related to Acquisitions The post-closing payments are future payments related to the Company’s acquisitions of AmOne Corp (“AmOne”), CloudControlMedia, LLC (“CCM”) MyBankTracker.com, LLC (“MBT”) Acquisitions Contingent Consideration Related to Acquisitions The contingent consideration consists of estimated future payments related to the Company’s acquisition of CCM and MBT. The fair value of the contingent consideration is determined using the real options technique which incorporates various estimates, including projected net revenue and gross margin that is subject to the contingent consideration payment, a volatility factor applied to net revenue and gross margin based on year-on-year growth in net revenue and gross margin of comparable companies and discount rates. Acquisitions

Acquisitions

Acquisitions	12 Months Ended
	Jun. 30, 2019
Business Combinations [Abstract]
Acquisitions	6. Acquisitions Fiscal Year 2019 Acquisitions AmOne Corp. On October 1, 2018, the Company the purchase of AmOne , an online performance marketing company in the financial services client vertical, to broaden its publisher and customer relationships. In exchange for all the outstanding shares of AmOne, the Company paid $23.0 million in cash upon closing (including $2.7 million cash for net assets acquired subject to post-closing adjustments) and will make $8.0 million in post-closing payments, payable in cash in equal semi-annual installments over a two year period, with the first installment payable six months following the date of closing. CloudControlMedia, LLC On April 15, 2019, the Company completed the of a marketing services company in the education client vertical, to broaden its customer relationships In exchange for all the outstanding shares of CCM, the Company paid $8.3 million in cash upon closing (including $0.8 million cash for net assets acquired subject to post-closing adjustments) and will make a series of future payments following the acquisition date. The $7.5 million post-closing payments are payable in cash in equal semi-annual installments over a four year period, with the first installment payable six months following the date of closing. The contingent consideration is payable for five years following the date of closing and is calculated every June 30 and December 31 for the preceding six months. MyBankTracker.com, LLC O n May 14, 2019, completed the purchase of MBT, a leading personal finance website to broaden its customer relationships. In exchange for all the outstanding shares of MBT, the Company paid $4.5 million in cash upon closing (including $1.5 million cash for net assets acquired) and will make a series of future payments following the acquisition date. The $4.0 million post-closing payments are payable in cash in equal semi-annual installments over a two year period, with the first installment payable twelve months following the date of closing. The contingent consideration is calculated semi-annually for the preceding six months beginning on December 31, 2019 and ending on June 30, 2023. The following table summarizes the total consideration for each acquisition as of the acquisition dates (in thousands): AmOne CCM MBT Cash $ 23,032 $ 8,281 $ 4,511 Post-closing adjustments for net assets acquired 138 (72 ) — Post-closing payments, net of imputed interest (1) 7,514 6,671 3,708 Contingent consideration — 3,553 1,505 Total $ 30,684 $ 18,433 $ 9,724 (1) The post-closing payment is net of imputed interest of $486 thousand for AmOne, $829 thousand for CCM and $292 thousand for MBT. As of June 30, 2019, the following table summarizes the liabilities recorded in the Company’s consolidated balance sheet related to the fiscal year 2019 acquisitions (in thousands): Post-closing Payments Contingent Consideration Other liabilities, current $ 7,638 $ 1,329 Other liabilities, noncurrent 8,621 3,729 Total $ 16,259 $ 5,058 The acquisitions were accounted for as business combinations and the results of operations of the acquired businesses have been included in the Company’s results of operations as of the acquisition date. The Company expensed all transaction costs in the period in which they were incurred. The Company allocated the purchase price to identifiable assets acquired based on their estimated fair values. The fair value of the consideration transferred and the assets acquired and liabilities assumed was determined by the Company and in doing so engaged a third-party valuation specialist to assist with the measurement of the fair value of identifiable intangible assets and obligations related to post-closing payments and contingent consideration. The estimated fair value of the identifiable assets acquired and liabilities assumed in the relevant acquisition is based on management’s best estimates. The fair value of the publisher and advertiser relationships was determined using the multi-period excess earnings income approach or cost approach. The fair value of trade names was determined using the relief-from-royalty method. The fair value of acquired technology was determined using the cost approach. The excess of the purchase price over the aggregate fair value of the identifiable assets acquired was recorded as goodwill and is primarily attributable to synergies the Company expects to achieve related to the acquisition. The goodwill is deductible for tax purposes. The fair value of the contingent consideration was determined using the real options technique. See Note 5, Fair Value Measurements, for additional information regarding the valuation of the contingent consideration. The following table summarizes the preliminary allocation of purchase price and the estimated useful lives of the identifiable assets acquired as of the date of the acquisition (in thousands): AmOne Estimated Useful Life CCM Estimated Useful Life MBT Estimated Useful Life Customer/publisher/advertiser relationships $ 21,300 7 years $ 4,500 3-4 years $ 3,400 3-12 years Website/trade/domain names 900 15 years 300 5 years 1,100 15 years Acquired technology and others 500 3 years — n/a — n/a Net assets 2,838 n/a 2,071 n/a 1,671 n/a Goodwill 5,146 Indefinite 11,562 Indefinite 3,553 Indefinite Total $ 30,684 $ 18,433 $ 9,724 The Company’s most significant asset acquired is related to the AmOne publisher relationships with an estimated fair value of $19.4 million. subject The unaudited pro forma financial information in the table below summarizes the combined results of operations for the Company and the acquired businesses as though these acquisitions occurred as of the beginning of fiscal year 2018. The unaudited pro-forma financial information is presented for illustrative purposes only and do not necessarily reflect what the combined company’s results of operations would have been had the acquisitions occurred as of the beginning of fiscal year 2018, nor is it necessarily indicative of the future results of operations of the combined Company. Fiscal Year Ended June 30, 2019 2018 (In thousands) Net revenue 474,378 440,419 Net income 65,445 20,813 The pro forma financial information for fiscal year 2019 included the elimination of $0.4 million of nonrecurring acquisition costs Fiscal Year 2018 Acquisition Katch, LLC In November 2017, the Company acquired certain assets relating to the auto insurance, home insurance and mortgage verticals of Katch, LLC, (“Katch”) an online performance marketing company, for $14.0 million in cash to broaden its customer and publisher relationships. The acquisition was accounted for as a business combination. The results of the acquired assets of Katch have been included in the Company’s consolidated financial statements since the acquisition date. The Company allocated the purchase price to identifiable intangible assets based on their estimated fair values. The excess of the purchase price over the aggregate fair value of the identifiable intangible assets acquired was recorded as goodwill and is primarily attributable to synergies the Company expects to achieve related to the acquisition. The goodwill is deductible for tax purposes. The following table summarizes the allocation of the purchase price and the estimated useful lives of the identifiable assets acquired as of the of the acquisition (in thousands): Estimated Fair Value Estimated Useful Life Customer/publisher/advertiser relationships $ 4,200 4-7 years Acquired technology and others 3,700 3 years Goodwill 6,100 Indefinite Total $ 14,000 The financial results

Balance Sheet Components

Balance Sheet Components	12 Months Ended
	Jun. 30, 2019
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Balance Sheet Components	7. Balance Sheet Components Accounts Receivable, Net Accounts receivable, net was comprised June 30, 2019 2018 Accounts receivable $ 85,926 $ 70,317 Less: Allowance for doubtful accounts (10,298 ) (1,825 ) Total $ 75,628 $ 68,492 Prepaid Expenses and Other Assets Prepaid expenses and other assets were comprised of the following (in thousands): June 30, 2019 2018 Prepaid expenses $ 3,504 $ 3,030 Income tax receivable 1,043 909 Other assets 681 493 Total $ 5,228 $ 4,432 In fiscal year 2016, the Company entered into a 10-year partnership agreement with a large online customer acquisition marketing company focused on the U.S. insurance industry to be its exclusive click monetization partner for the majority of its insurance categories. The agreement included a one-time upfront cash payment of $10.0 million. The payment is being amortized on a straight-line basis over the life of the contract and is assessed for impairment annually. As of June 30, 2019, the Company had recorded $1.0 million within prepaid expenses and other assets and $5.3 million within other assets, noncurrent on the Company’s consolidated balance sheet. As of June 30, 2018, the Company had recorded $1.0 million within prepaid expenses and other assets and $6.3 million within other assets, noncurrent on the Company’s consolidated balance sheet. Amortization expense was $1.0 million, $1.0 million and $1.0 million for fiscal years 2019, 2018 and 2017. Property and Equipment, Net Property and equipment, net was comprised of the following (in thousands): June 30, 2019 2018 Computer equipment $ 12,328 $ 12,266 Software 11,605 11,513 Furniture and fixtures 3,156 3,060 Leasehold improvements 2,838 1,937 Internal software development costs 35,941 33,654 Total property plant and equipment, gross 65,868 62,430 Less: Accumulated depreciation and amortization (60,458 ) (58,219 ) Total property plant and equipment, net $ 5,410 $ 4,211 Depreciation expense was $1.1 million, $1.5 million and $2.3 million for fiscal years 2019, 2018 and 2017. Amortization expense related to internal software development costs was $2.3 million, $2.8 million and $2.9 million for fiscal years 2019, 2018 and 2017. Accrued liabilities Accrued liabilities were comprised of the following (in thousands): June 30, 2019 2018 Accrued media costs $ 30,429 $ 25,612 Accrued professional service and other business expenses 4,916 3,867 Accrued compensation and related expenses 1,533 5,332 Total $ 36,878 $ 34,811

Intangible Assets, Net and Good

Intangible Assets, Net and Goodwill	12 Months Ended
	Jun. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract]
Intangible Assets, Net and Goodwill	8. Intangible Assets, Net and Goodwill Intangible Assets, Net Intangible assets, net consisted of the following (in thousands): June 30, 2019 June 30, 2018 Gross Net Gross Net Carrying Accumulated Carrying Carrying Accumulated Carrying Amount Amortization Amount Amount Amortization Amount Customer/publisher/advertiser relationships $ 70,300 $ (40,663 ) $ 29,637 $ 41,101 $ (37,286 ) $ 3,815 Content 60,964 (60,940 ) 24 60,969 (60,930 ) 39 Website/trade/domain names 33,546 (30,218 ) 3,328 31,098 (29,369 ) 1,729 Acquired technology and others 39,400 (37,271 ) 2,129 38,900 (35,910 ) 2,990 Total $ 204,210 $ (169,092 ) $ 35,118 $ 172,068 $ (163,495 ) $ 8,573 Amortization of intangible assets was $5.6 million, $3.5 million and $6.2 million for fiscal years 2019, 2018 and 2017. Future amortization expense for the Company’s intangible assets as of June 30, 2019 was as follows (in thousands): Fiscal Year Ending June 30, Amortization 2020 $ 7,727 2021 6,414 2022 5,297 2023 4,698 2024 3,855 Thereafter 7,127 Total $ 35,118 Goodwill The changes in the carrying amount of goodwill for fiscal years 2019 and 2018 were as follows (in thousands): Goodwill Balance at June 30, 2017 $ 56,118 Additions 6,165 Balance at June 30, 2018 62,283 Additions 20,261 Balance at June 30, 2019 $ 82,544

Income Taxes

Income Taxes	12 Months Ended
	Jun. 30, 2019
Income Tax Disclosure [Abstract]
Income Taxes	9. Income Taxes The components of income (loss) before income taxes were as follows (in thousands): Fiscal Year Ended June 30, 2019 2018 2017 US $ 10,316 $ 17,218 $ (12,286 ) Foreign 403 (714 ) (1,002 ) Total $ 10,719 $ 16,504 $ (13,288 ) The components of the (benefit from) provision for income taxes were as follows (in thousands): Fiscal Year Ended June 30, 2019 2018 2017 Current Federal $ — $ (2 ) $ (16 ) State 193 479 (1,270 ) Foreign 255 210 191 Total current (benefit from) provision for income taxes 448 687 (1,095 ) Deferred Federal (45,201 ) (113 ) 15 State (7,008 ) — — Foreign — — — Total deferred (benefit from) provision for income taxes (52,209 ) (113 ) 15 Total (benefit from) provision for income taxes $ (51,761 ) $ 574 $ (1,080 ) The reconciliation between the statutory federal income tax and the Company’s effective tax rates as a percentage of income (loss) before income taxes was as follows: Fiscal Year Ended June 30, 2019 2018 2017 Federal tax rate 21.0 % 27.6 % 34.0 % States taxes, net of federal benefit (69.3 )% (1.4 )% 14.5 % Foreign rate differential 0.3 % 0.3 % (0.3 )% Stock-based compensation expense (48.9 )% (20.8 )% (23.9 )% Change in valuation allowance (397.8 )% (151.3 )% (18.7 )% Research and development credits (8.5 )% (4.8 )% 2.5 % Federal tax rate change impact — 146.3 % — Disqualified compensation expense 16.5 % 5.7 % — Uncertain tax position 2.8 % 1.4 % (0.8 )% Other 1.0 % 0.5 % 0.8 % Effective income tax rate (482.9 )% 3.5 % 8.1 % The components of the long-term deferred tax assets and liabilities, net were as follows (in thousands): June 30, 2019 2018 Noncurrent: Reserves and accruals $ 3,695 $ 2,072 Stock-based compensation expense 3,319 2,590 Intangible assets 18,085 22,716 Net operating loss 27,818 22,791 Fixed assets 47 188 Tax credits 7,474 6,320 Other 57 580 Total noncurrent deferred tax assets 60,495 57,257 Valuation allowance - long-term (8,346 ) (57,197 ) Noncurrent deferred tax assets, net $ 52,149 $ 60 The Company recorded a valuation allowance against the majority of the Company’s deferred tax assets at the end of fiscal year 2014. In the second quarter of fiscal year 2019, due to the preponderance of positive evidence, including the Company’s cumulative profit before taxes and future forecasts of continued profitability in the United States, the Company determined that sufficient positive evidence existed to conclude that substantially all of its valuation allowance was no longer needed. Accordingly, the Company released the valuation allowance for the majority of its federal and state deferred tax assets. The Company continues to maintain a valuation allowance related to its deferred tax assets for its foreign entities and California research and development tax credits. If there are unfavorable changes to actual operating results or to projections of future income, the Company may determine that it is more likely than not that such deferred tax assets may not be realizable. As of Utilization of the operating loss carryforwards and credits may be subject to a substantial annual limitation due to the ownership change limitations provided by the Internal Revenue Code of 1986, as amended, and similar state provisions. The annual limitation may result in the expiration of operating loss carryforwards and credits before utilization. The Tax Cuts and Jobs Act (the “Tax Reform Act”) was enacted on December 22, 2017. The Tax Reform Act significantly impacts the future ongoing U.S. corporate income tax by, among other things, lowering the U.S. corporate income tax rates from 35% to 21%, providing for unlimited net operating loss carry-forward periods, and implementing a territorial tax system. The reduction of the U.S. corporate tax rate required the Company to revalue its U.S. deferred tax assets and liabilities to the recently enacted federal rate of 21%, however due to the Company’s valuation allowance on domestic deferred tax assets as of the effective date of the Tax Reform Act, there was no material impact to the Company’s condensed consolidated financial statements as a result of the federal tax rate reduction. A reconciliation of the beginning and ending amounts of unrecognized tax benefits was as follows (in thousands): Fiscal Year Ended June 30, 2019 2018 2017 Balance at the beginning of the year $ 3,256 $ 2,838 $ 3,175 Gross increases - current period tax positions 467 429 295 Gross increases - prior period tax positions 10 70 51 Gross decreases - prior period tax positions — — (429 ) Reductions as a result of lapsed statute of limitations (6 ) (81 ) (254 ) Balance at the end of the year $ 3,727 $ 3,256 $ 2,838 The Company’s policy is to include interest and penalties related to unrecognized tax benefits within the Company’s benefit from (provision for) income taxes. As of June 30, 2019, the Company has accrued $1.2 million for interest and penalties related to the unrecognized tax benefits. The balance of interest and penalties is recorded as a noncurrent liability in the Company’s consolidated balance sheet. As of June 30, 2019, unrecognized tax benefits of $2.1 million, if recognized, would affect the Company’s effective tax rate. The Company does not anticipate that the amount of existing unrecognized tax benefits will significantly increase or decrease within the next 12 months. The Company files income tax returns in the United States, various U.S. states and certain foreign jurisdictions and is no longer subject to U.S. federal, state and local, or non-U.S., income tax examinations by tax authorities for years before 2013. As of June 30, 2019, the tax years 2014 through 2018 remain open in the U.S., the tax years 2013 through 2018 remain open in the various state jurisdictions, and the tax years 2015 through 2018 remain open in various foreign jurisdictions. The Company believes that adequate amounts have been reserved for any adjustments that may ultimately result from our open examinations.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Jun. 30, 2019
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	10. Commitments and Contingencies Leases The Company leases office space under non-cancelable operating leases with various expiration dates through fiscal year 2026. Rent expense for fiscal years 2019, 2018 and 2017 was $3.9 million, $3.4 million and $3.4 million. The Company recognizes rent expense on a straight-line basis over the lease period and accrues for rent expense incurred but not paid. Future annual minimum lease payments under noncancelable operating leases as of June 30, 2019 were as follows (in thousands): Operating Fiscal Year Ending June 30, Leases 2020 $ 3,529 2021 4,263 2022 4,234 2023 3,801 2024 1,312 Thereafter 176 Total $ 17,315 In February 2010, the Company entered into a lease agreement for its corporate headquarters located at 950 Tower Lane, Foster City, California with an expiration date in October 2018 and an option to extend the term of the lease twice by one additional year. In April 2018, the lease agreement was amended to extend the lease term through October 31, 2023. Under the amended lease agreement, the monthly base rent was abated for the first eight months and increases to $0.2 million for the remaining four months. During the second year of the extended lease term, the monthly base rent will be abated for the first four months, increase to $0.2 million for the fifth month, and increase to $0.3 million for the remaining seven months. Subsequently, after each 12-month anniversary, the monthly base rent will increase by approximately 3%. The Company has one remaining option to extend the term of the lease for an additional five years following October 31, 2023. Guarantor Arrangements The Company has agreements whereby it indemnifies its officers and directors for certain events or occurrences while the officer or director is, or was, serving at the Company’s request in such capacity. The term of the indemnification period is for the officer or director’s lifetime. The maximum potential amount of future payments the Company could be required to make under these indemnification agreements is unlimited; however, the Company has a director and officer insurance policy that limits its exposure and enables the Company to recover a portion of any future amounts under certain circumstances and subject to deductibles and exclusions. As a result of its insurance policy coverage, the Company believes the estimated fair value of these indemnification agreements is not material. Accordingly, the Company had no liabilities recorded for these agreements as of June 30, 2019 and June 30, 2018. In the ordinary course of its business, the Company from time to time enters into standard indemnification provisions in its agreements with its clients. Pursuant to these provisions, the Company may be obligated to indemnify its clients for certain losses suffered or incurred, including losses arising from violations of applicable law by the Company or by its third-party publishers, losses arising from actions or omissions of the Company or its third-party publishers, and for third-party claims that a Company product infringed upon any United States patent, copyright, or other intellectual property rights. Where practicable, the Company limits its liabilities under such indemnities. Subject to these limitations, the term of such indemnification provisions is generally coterminous with the corresponding agreements and survives for the duration of the applicable statute of limitations after termination of the agreement. The potential amount of future payments to defend lawsuits or settle indemnified claims under these indemnification provisions is generally limited and the Company believes the estimated fair value of these indemnity provisions is not material. Accordingly, the Company had no liabilities recorded for these agreements as of June 30, 2019 and 2018. Letters of Credit The Company has a $0.4 million letter of credit agreement with a financial institution that is used as collateral for fidelity bonds placed with an insurance company and a $0.5 million letter of credit agreement with a financial institution that is used as collateral for the Company’s corporate headquarters’ operating lease. The letters of credit automatically renew annually without amendment unless cancelled by the financial institutions within 30 days of the annual expiration date.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Stockholders' Equity	11. Stockholders’ Equity Stock Repurchases In November 2016, the Board of Directors authorized a stock repurchase program to repurchase up to 750,000 outstanding shares of its common stock. Under this program, in fiscal year 2018, the Company repurchased and retired 30,977 shares of its common stock at a weighted-average price of $3.99 per share, excluding a broker commission of $0.03 per share, at a total cost of $0.1 million. Repurchases under this program took place in the open market and were made under a Rule 10b5-1 plan. This program was completed in July 2017. In July 2017, the Board of Directors authorized a stock repurchase program to repurchase up to 905,000 outstanding shares of its common stock. In October 2017, the Board of Directors increased the number of outstanding shares that may be repurchased to 966,000 shares. Under this program, no repurchases were made during fiscal year 2019. During fiscal year 2018, the Company repurchased and retired 62,364 shares of its common stock at a weighted-average price of $8.36 per share, excluding a broker commission of $0.03 per share, at a total cost of $0.5 million. Repurchases under this program took place in the open market and were made under a Rule 10b5-1 plan. As of June 30, 2019, the number of shares that remains available for repurchase is shares. Retirement of There were no shares that were retired in fiscal year 2019. In fiscal year 2018, the Company retired 93,341 shares of its common stock with a carrying value of $0.6 million. The Company’s accounting policy upon the retirement of treasury stock is to deduct its par value from common stock and reduce additional paid-in capital by the amount recorded in additional paid-in capital when the stock was originally issued.

Stock Benefit Plans

Stock Benefit Plans	12 Months Ended
	Jun. 30, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock Benefit Plans	12. Stock Benefit Plans Stock-Based Compensation In fiscal years 2019 Stock Incentive Plans In November 2009, the Company’s board of directors adopted the 2010 Equity Incentive Plan (the “2010 Incentive Plan”) and the Company’s stockholders approved the 2010 Incentive Plan in January 2010. The 2010 Incentive Plan became effective upon the completion of the IPO of the Company’s common stock in February 2010. Awards granted after January 2008 but before the adoption of the 2010 Incentive Plan continue to be governed by the terms of the 2008 Equity Incentive Plan. All outstanding stock awards granted before January 2008 continue to be governed by the terms of the Company’s amended and restated 1999 Equity Incentive Plan. The 2010 Incentive Plan provides for the grant of incentive stock options (“ISOs”), nonstatutory stock options (“NQSOs”), restricted stock, restricted stock units (“RSUs”), stock appreciation rights, performance-based stock awards and other forms of equity compensation, as well as for the grant of performance cash awards. The Company may issue ISOs only to its employees. NQSOs and all other awards may be granted to employees, including officers, nonemployee directors and consultants. Prior to fiscal year 2016, the Company granted service-based RSUs. In fiscal year 2016, the Company also began granting market-based RSUs that requires the Company’s stock price achieve a specified price above the grant date stock price before it can be eligible for service vesting conditions. In fiscal year 2019, the Company began granting to employees performance-based RSUs that vest variably subject to the achievement of fiscal year 2019 revenue growth and adjusted EBITDA targets (“performance targets”). The Company evaluates the portion of the awards that are probable to vest quarterly until the performance criteria are met. To date, the Company has issued ISOs, NQSOs, service-based RSUs, market-based RSUs, and performance-based RSUs under the 2010 Incentive Plan. ISOs and NQSOs are generally granted to employees with an exercise price equal to the market price of the Company’s common stock at the date of grant. Stock options granted to employees generally have a contractual term of seven years and vest over four years of continuous service, with 25 percent of the stock options vesting on the one-year anniversary of the date of grant and the remaining 75 percent vesting in equal monthly installments over the three year period thereafter. RSUs generally vest over four years of continuous service, with 25 percent of the RSUs vesting on the one-year anniversary of the date of grant and 6.25% vesting quarterly thereafter for the next 12 quarters, subject to any performance or stock price targets. An aggregate of 20,599,689 shares of the Company’s common stock were reserved for issuance under the 2010 Incentive Plan as of June 30, 2019, and this amount will be increased by any outstanding stock awards that expire or terminate for any reason prior to their exercise or settlement. The number of shares of the Company’s common stock reserved for issuance is increased annually through July 1, 2019 by up to five percent of the total number of shares of the Company’s common stock outstanding on the last day of the preceding fiscal year. The maximum number of shares that may be issued under the 2010 Incentive Plan is 30,000,000. There were 14,690,557 shares available for issuance under the 2010 Incentive Plan as of June 30, 2019. In November 2009, the Company’s board of directors adopted the 2010 Non-Employee Directors’ Stock Award Plan (the “Directors’ Plan”) and the stockholders approved the Directors’ Plan in January 2010. The Directors’ Plan became effective upon the completion of the Company’s IPO. The Directors’ Plan provides for the automatic grant of NQSOs and RSUs to non-employee directors and also provides for the discretionary grant of NQSOs and RSUs. Stock options granted to new non-employee directors vest in equal monthly installments over four years and annual stock option grants to existing directors vest in equal monthly installments over one year. Prior to fiscal year 2015, initial service-based RSU grants vested quarterly over a period of four years and annual service-based RSU grants vested quarterly over a period of one year. Beginning in fiscal year 2015, initial service-based RSU grants vest daily over a period of four years and annual service-based RSU grants vest daily over a period of one year. An aggregate of 4,333,939 shares of the Company’s common stock were reserved for issuance under the Directors’ Plan as of June 30, 2019. This amount is increased annually, by the sum of 200,000 shares and the aggregate number of shares of the Company’s common stock subject to awards granted under the Directors’ Plan during the immediately preceding fiscal year. There were 2,274,098 shares available for issuance under the Directors’ Plan as of June 30, 2019. Valuation Assumptions The Company uses the Black-Scholes option-pricing model to fair value its stock options and Monte Carlo simulation model to fair value its market-based RSUs. Options are granted with an exercise price equal to the fair value of the common stock at the date of grant. The Company calculates the weighted-average expected life of options using the simplified method pursuant to the accounting guidance for share-based payments as its historical exercise experience does not provide a reasonable basis upon which to estimate expected term. The Company estimates the expected volatility of its common stock based on its historical volatility over the expected term of the stock option and market-based RSU. The Company has no history or expectation of paying dividends on its common stock. The risk-free interest rate is based on the U.S. Treasury yield for a term consistent with the expected term of the stock option and market-based RSU. The weighted-average Black-Scholes model assumptions and the weighted-average grant date fair value of stock options in fiscal years 2019, 2018 and 2017 were as follows: Fiscal Year Ended June 30, 2019 2018 2017 Expected term (in years) 4.4 4.6 4.5 Expected volatility 56 % 48 % 45 % Expected dividend yield — — — Risk-free interest rate 2.5 % 1.9 % 1.3 % Grant date fair value $ 6.86 $ 2.09 $ 1.41 There were no market-based RSU grants during fiscal year 2019. The weighted-average Monte Carlo simulation model assumptions in fiscal years 2018 and 2017 were as follows: Fiscal Year Ended June 30, 2018 2017 Expected term (in years) 4.0 4.0 Expected volatility 50 % 45 % Expected dividend yield — — Risk-free interest rate 2.4 % 1.1 % Grant date fair value $ 7.66 $ 3.01 Stock Option Award Activity The following table summarizes the stock option award activity under the plans in fiscal years 2019 and 2018: Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life (In years) Aggregate Intrinsic Value (In thousands) Outstanding at June 30, 2017 4,221,579 $ 6.50 4.17 $ 996 Granted 802,080 4.98 Exercised (1,465,265 ) 7.59 Forfeited (6,700 ) 4.01 Expired (37,731 ) 11.73 Outstanding at June 30, 2018 3,513,963 $ 5.65 4.18 $ 24,989 Granted 81,029 14.52 Exercised (1,147,124 ) 6.71 Forfeited (28,349 ) 4.64 Expired (7,797 ) 11.17 Outstanding at June 30, 2019 2,411,722 $ 5.44 3.64 $ 25,123 Vested and expected-to-vest at June 30, 2019 (1) 2,347,050 $ 5.43 3.60 $ 24,479 Vested and exercisable at June 30, 2019 1,449,768 $ 5.72 2.90 $ 14,690 (1) The expected-to-vest options are the result of applying the pre-vesting forfeiture assumption to total outstanding options. The following table summarizes outstanding and exercisable stock options by range of exercise price as of June 30, 2019: Options Outstanding Options Exercisable Range or Exercise Prices Number of Shares Weighted Average Remaining Contractual Term Weighted Average Exercise Price Number of Shares Weighted Average Exercise Price $3.40 - $3.40 50,000 4.59 $ 3.40 29,166 $ 3.40 $3.59 - $3.59 360,417 4.42 $ 3.59 219,271 $ 3.59 $3.63 - $3.63 580,941 4.00 $ 3.63 277,649 $ 3.63 $3.91 - $3.91 75,000 2.34 $ 3.91 75,000 $ 3.91 $4.01 - $4.01 447,269 4.99 $ 4.01 131,087 $ 4.01 $4.31 - $5.79 244,816 2.10 $ 4.88 221,899 $ 4.93 $5.80 - $7.20 259,573 1.84 $ 6.42 240,410 $ 6.36 $8.26 - $13.77 286,203 3.44 $ 10.20 164,518 $ 9.39 $14.06 - $15.72 98,268 1.82 $ 15.42 90,768 $ 15.51 $18.35 - $18.35 9,235 6.27 $ 18.35 — $ — $3.40 - $18.35 2,411,722 3.64 $ 5.44 1,449,768 $ 5.72 The following table summarizes the total intrinsic value, the cash received and the actual tax benefit of all options exercised in fiscal years 2019, 2018 and 2017 (in thousands): Fiscal Year Ended June 30, 2019 2018 2017 Intrinsic value $ 9,749 $ 6,440 $ — Cash received 7,702 11,115 — Tax benefit 1,399 — — As of June 30, 2019, there was $1.8 million of total unrecognized compensation expense related to unvested stock options which are expected to be recognized over a weighted-average period of 1.8 years. Service-Based Restricted Stock Unit Activity The following table summarizes the service-based RSU activity under the plans in fiscal years 2019 and 2018: Shares Weighted Average Grant Date Fair Value Weighted Average Remaining Contractual Life (In years) Aggregate Intrinsic Value (In thousands) Outstanding at June 30, 2017 2,549,663 $ 4.12 1.11 $ 10,632 Granted 1,622,672 4.63 Vested (1,408,386 ) 4.33 Forfeited (96,422 ) 4.57 Outstanding at June 30, 2018 2,667,527 $ 4.33 0.86 $ 33,878 Granted 1,042,354 13.96 Vested (1,638,840 ) 4.35 Forfeited (69,035 ) 8.68 Outstanding at June 30, 2019 2,002,006 $ 9.06 1.10 $ 31,732 As of June 30, 2019, there was $12.1 million of total unrecognized compensation expense related to service-based RSUs. Market-Based Restricted Stock Unit Activity The following table summarizes the market-based RSU activity under the 2010 Incentive Plan in fiscal years 2019 and 2018: Shares Weighted Average Grant Date Fair Value Weighted Average Remaining Contractual Life (In years) Aggregate Intrinsic Value (In thousands) Outstanding at June 30, 2017 1,093,289 $ 4.57 1.22 $ 4,559 Granted 68,840 7.66 Vested (617,435 ) 4.75 Forfeited (46,426 ) 3.84 Outstanding at June 30, 2018 498,268 $ 4.89 0.96 $ 6,328 Granted — — Vested (273,941 ) 4.86 Forfeited (28,229 ) 4.61 Outstanding at June 30, 2019 196,098 $ 5.00 0.68 $ 3,108 As of June 30, 2019, there was $0.2 million of total unrecognized compensation expense related to market-based RSUs. Performance-Based Restricted Stock Unit Activity The following table summarizes the performance-based RSU activity under the 2010 Incentive Plan in fiscal year 2019: Shares Weighted Average Grant Date Fair Value Weighted Average Remaining Contractual Life (In years) Aggregate Intrinsic Value (In thousands) Outstanding at June 30, 2018 — $ — — $ — Granted 742,547 15.85 Vested — — Forfeited (25,935 ) 15.85 Outstanding at June 30, 2019 716,612 $ 15.85 1.36 $ 11,358 As of June 30, 2019, there was $4.9 million of total unrecognized compensation expense related to performance-based RSUs. At the time of vesting, a portion of RSUs are withheld by the Company to provide for federal and state tax withholding obligations resulting from the release of the RSUs.

Segment Information

Segment Information	12 Months Ended
	Jun. 30, 2019
Segment Reporting [Abstract]
Segment Information	13. Segment Information Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision making group, in deciding how to allocate resources and in assessing performance. The Company’s chief operating decision maker, its chief executive officer, reviews financial information presented on a consolidated basis, and no expense or operating income is evaluated at a segment level. Given the consolidated level of review by the Company’s chief executive officer, the Company operates as one reportable segment. The following tables set forth net revenue and long-lived assets by geographic area (in thousands): Fiscal Year Ended June 30, 2019 2018 2017 Net revenue: United States $ 445,957 $ 395,880 $ 292,370 International 9,197 8,478 7,415 Total net revenue $ 455,154 $ 404,358 $ 299,785 June 30, 2019 2018 Property and equipment, net: United States $ 5,149 $ 3,875 International 261 336 Total property and equipment, net $ 5,410 $ 4,211 June 30, 2019 2018 Other intangible assets, net: United States $ 35,044 $ 8,441 International 74 132 Total other intangible assets, net $ 35,118 $ 8,573

Restructuring Costs

Restructuring Costs	12 Months Ended
	Jun. 30, 2019
Restructuring And Related Activities [Abstract]
Restructuring Costs	14. Restructuring Costs In November 2016, the Company announced a corporate restructuring in order to accelerate margin expansion and grow cash flow. The following table summarizes the restructuring charges for fiscal year 2017 (in thousands): Fiscal Year Ended June 30, 2017 Employee severance and benefits $ 2,399 Non-cash employee severance and benefits - stock-based compensation 42 Total restructuring charges $ 2,441 The restructuring costs were paid in cash in fiscal year 2017. T he corporate restructuring was complete as of June 30, 2017. There were no restructuring charges for fiscal years 2019 and 2018.

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Jun. 30, 2019
Valuation And Qualifying Accounts [Abstract]
Schedule II - Valuation and Qualifying Accounts	Schedule II: Valuation and Qualifying Accounts The activity in the allowance for doubtful accounts and the deferred tax asset valuation allowance are as follows (in thousands): Balance beginning of the year Charged to expenses/against revenue (1) Write-offs net of recoveries Balance at the end of the year Allowance for doubtful accounts Fiscal year 2017 $ 2,285 $ 291 $ (626 ) $ 1,950 Fiscal year 2018 $ 1,950 $ 525 $ (650 ) $ 1,825 Fiscal year 2019 (2) $ 1,625 $ 9,342 $ (669 ) $ 10,298 Deferred tax asset valuation allowance Fiscal year 2017 $ 79,868 $ 2,096 $ — $ 81,964 Fiscal year 2018 $ 81,964 $ (24,767 ) $ — $ 57,197 Fiscal year 2019 $ 57,197 $ 571 $ (49,422 ) $ 8,346 (1) Additions to the allowance for doubtful accounts and the valuation allowance are charged to expense. Additions to the allowance for sales returns are charged against revenue. (2) In fiscal year 2019, the Company adopted ASC 606 which requires allowance All other schedules are omitted because they are not required or the required information is shown in the financial statements or notes thereto.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The consol i
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management
Revenue Recognition	Revenue Recognition The Company derives revenue primarily from fees earned through the delivery of qualified clicks, leads, inquiries, calls, applications, customers and, to a lesser extent, display advertisements, or impressions. Effective July 1, 2018, the Company adopted ASC 606, Revenue from Contracts with Customers (ASC 606) As part of determining whether a contract exists, probability of collection is assessed on a client-by-client basis at the outset of the contract. Clients are subjected to a credit review process that evaluates the clients’ financial position and the ability and intention to pay. If it is determined from the outset of an arrangement that the client does not have the ability or intention to pay, the Company will conclude that a contract does not exist and will continuously reassess its evaluation until the Company is able to conclude that a contract does exist. Generally, the Company’s contracts specify the period of time as one month, but in some instances the term may be longer. However, for most of the Company’s contracts with clients, either party can terminate the contract at any time without penalty. Consequently, enforceable rights and obligations only exist on a day-to-day basis, resulting in individual daily contracts during the specified term of the contract or until one party terminates the contract prior to the end of the specified term. The Company has assessed the services promised in its contracts with clients and has identified one performance obligation, which is a series of distinct services. Depending on the client’s needs, these services consist of a specified number or an unlimited number of clicks, leads, calls, applications, customers, etc. (hereafter collectively referred to as “marketing results”) to be delivered over a period of time. The Company satisfies these performance obligations over time as the services are provided. The Company does not promise to provide any other significant goods or services to its clients. Transaction price is measured based on the consideration that the Company expects to receive from a contract with a client. The Company’s contracts with clients contain variable consideration as the price for an individual marketing result varies on a day-to-day basis depending on the market-driven amount a client has committed to pay. However, because the Company ensures the stated period of its contracts does not generally span multiple reporting periods, the contractual amount within a period is based on the number of marketing results delivered within the period. Therefore, the transaction price for any given period is fixed and no estimation of variable consideration is required. If a marketing result delivered to a client does not meet the contractual requirements associated with that marketing result, the Company’s contracts allow for clients to return a marketing result generally within 5-10 days of having received the marketing result. Such returns are factored into the amount billed to the client on a monthly basis and consequently result in a reduction to revenue in the same month the marketing result is delivered. No warranties are offered to the Company’s clients. The Company does not allocate transaction price as the Company has only one performance obligation and its contracts do not generally span multiple periods. Taxes collected from clients and remitted to governmental authorities are not included in revenue. The Company elected to use the practical expedient which allows the Company to record sales commissions as expense as incurred when the amortization period would have been one year or less. The Company bills clients monthly in arrears for the marketing results delivered during the preceding month. The Company’s standard payment terms are 30-60 days. Consequently, the Company does not have significant financing components in its arrangements. Separately from the agreements the Company has with clients, the Company has agreements with Internet search companies, third-party publishers and strategic partners to generate potential marketing results for its clients. The Company receives a fee from its clients and separately pays a fee to the Internet search companies, third-party publishers and strategic partners. The Company is the principal in the transaction. As a result, the fees paid by its clients are recognized as revenue and the fees paid to its Internet search companies, third-party publishers and strategic partners are included in cost of revenue.
Concentrations of Credit Risk	Concentrations of Credit Risk Financial instruments that potentially subject the Company to significant concentrations of credit risk consist principally of cash and cash equivalents and accounts receivable. The Company’s investment portfolio consists of money market funds. Cash is deposited with financial institutions that management believes are creditworthy. To date, the Company has not experienced any material losses on its investment portfolio. The Company maintains contracts with its clients, most of which are cancelable with little or no prior notice. In addition, these contracts do not contain penalty provisions for cancellation before the end of the contract term. In fiscal years 2019, 2018 and 2017, the Company had one client, The Progressive Corporation that accounted for 22%, 23% and 17% of net revenue. No other client accounted for 10% or more of net revenue in fiscal years 2019, 2018 and 2017. The Company’s accounts receivable are derived from clients located principally in the United States. The Company performs ongoing credit evaluation of its clients, does not require collateral, and maintains allowances for potential credit losses on client accounts when deemed necessary. The Company had one client, The Progressive Corporation, that accounted for 11% of net accounts receivable as of June 30, 2019. The Company had two clients, The Progressive Corporation and Dream Center Education Holdings, that each individually accounted for 13% of net accounts receivable as of June 30, 2018. No other clients accounted for 10% or more of net accounts receivable as of June 30, 2019 or 2018.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the reporting date. The Company estimates and categorizes the fair value of its financial instruments by applying the following hierarchy: Level 1 — Valuations based on quoted prices in active markets for identical assets or liabilities that the Company has the ability to directly access. Level 2 — Valuations based on quoted prices for similar assets or liabilities; valuations for interest-bearing securities based on non-daily quoted prices in active markets; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable data for substantially the full term of the assets or liabilities. Level 3 — Valuations based on inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. A financial instrument’s level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. The Company’s financial instruments consist principally of cash equivalents, accounts receivable, accounts payable, post-closing payments and contingent consideration related to acquisitions. The recorded values of the Company’s accounts receivable and accounts payable approximate their current fair values due to the relatively short-term nature of these accounts. Fair Value Measurements,
Cash, Cash Equivalents and Restricted Cash	Cash, Cash Equivalents and Restricted Cash All highly liquid investments with maturities of three months or less at the date of purchase are classified as cash equivalents on the Company’s consolidated balance sheets. As of June 30, 2018, the Company maintained $0.9 million cash restricted as collateral for letters of credit that is reflected within other assets, noncurrent, in the Company’s consolidated balance sheet. In the second quarter of fiscal year 2019, the cash restriction from the issuing financial institution was removed.
Property and Equipment	Property and Equipment Property and equipment are stated at cost less accumulated depreciation and amortization, and are depreciated on a straight-line basis over the estimated useful lives of the assets, as follows: Computer equipment 3 years Software 3 years Furniture and fixtures 3 to 5 years Leasehold improvements the shorter of the lease term or the estimated useful lives of the improvements
Internal Software Development Costs	Internal Software Development Costs The Company incurs costs to develop software for internal use. The Company expenses all costs that relate to the planning and post-implementation phases of development as product development expense. Costs incurred in the development phase are capitalized and amortized over the product’s estimated useful life if the product is expected to have a useful life beyond six months. Costs associated with repair or maintenance of existing sites or the development of website content are included within cost of revenue in the Company’s consolidated statements of operations. The Company’s policy is to amortize capitalized internal software development costs on a product-by-product basis using the straight-line method over the estimated economic life of the application, which is generally two years. The Company capitalized internal software development costs of $2.3 million, $2.0 million and $2.1 million in fiscal years 2019, 2018 and 2017. Amortization of internal software development costs is reflected within cost of revenue in the Company’s consolidated statements of operations.
Business Combinations	Business The Company accounts for acquisitions of entities that include inputs and processes and have the ability to create outputs as business combinations. Under the acquisition method of accounting, the total consideration is allocated to the tangible and identifiable intangible assets acquired and liabilities assumed based on their estimated fair values at the acquisition date. The excess of the purchase price over the fair values of these identifiable assets and liabilities is recorded as goodwill. In determining the fair value of assets acquired and liabilities assumed in a business combination, the Company used the income approach to value its most significant acquired asset. Significant assumptions relating to the Company’s estimates in the income approach include base revenue, revenue growth rate, net of client attrition, projected gross margin, discount rates, rates of increase in operating expenses and the future effective income tax rates. The valuations of our acquired businesses have been performed by a third-party valuation specialist under the Company management’s supervision. The Company believes that the estimated fair value assigned to the assets acquired and liabilities assumed are based on reasonable assumptions and estimates that marketplace participants would use. However, such assumptions are inherently uncertain and actual results could differ from those estimates. Future changes in our assumptions or the interrelationship of those assumptions may negatively impact future valuations. In future measurements of fair value, adverse changes in discounted cash flow assumptions could result in an impairment of goodwill or intangible assets that would require a non-cash charge to the consolidated statements of operations and may have a material effect on our financial condition and operating results. Acquisition related costs are not considered part of the consideration, and are expensed as operating expense as incurred. Contingent consideration, if any, is measured at fair value initially on the acquisition date as well as subsequently at the end of each reporting period until settlement at the end of the assessment period. The Company
Goodwill	Goodwill The Company conducts a test for the impairment of goodwill at the reporting unit level on at least an annual basis and whenever there are events or changes The Company performs its annual goodwill impairment test on April 30 and conducts a qualitative assessment to determine whether it is necessary to perform a two-step quantitative goodwill impairment test. In assessing the qualitative factors, the Company considers the impact of key factors such as changes in industry and competitive environment, stock price, actual revenue performance compared to previous years, forecasts and cash flow generation. The Company had one reporting unit for purposes of allocating and testing goodwill for fiscal years 2019 and 2018. Based on the results of the qualitative assessment completed as of April 30, 2019 and 2018, there were no indicators of impairment.
Long-Lived Assets	Long-Lived Assets The Company evaluates long-lived assets, such as property and equipment and purchased intangible assets with finite lives, for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. If necessary, a quantitative test is performed that requires the application of judgment when assessing the fair value of an asset. When the Company identifies an impairment, it reduces the carrying amount of the asset to its estimated fair value based on a discounted cash flow approach or, when available and appropriate, to comparable market values. As of April 30, 2019 and 2018, the Company evaluated its long-lived assets and concluded there were no indicators of impairment.
Income Taxes	Income Taxes The Company accounts for income taxes using an asset and liability approach to record deferred taxes. The Company’s deferred income tax assets represent temporary differences between the financial statement carrying amount and the tax basis of existing assets and liabilities that will result in deductible amounts in future years, including net loss carry forwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates that apply to taxable income in effect for the years in which those tax assets and liabilities are expected to be realized or settled. Valuation allowances are provided when necessary to reduce deferred tax assets to the amount expected to be realized. The Company recognizes Interest and penalties related to unrecognized tax benefits are recognized within income tax expense.
Foreign Currency Translation	Foreign Currency Translation The Company’s foreign operations are subject to exchange rate fluctuations. The majority of the Company’s sales and expenses are denominated in U.S. dollars. The functional currency for the majority of the Company’s foreign subsidiaries is the U.S. dollar. For these subsidiaries, assets and liabilities denominated in foreign currency are remeasured into U.S. dollars at current exchange rates for monetary assets and liabilities and historical exchange rates for nonmonetary assets and liabilities. Net revenue, cost of revenue and expenses are generally remeasured at average exchange rates in effect during each period. Gains and losses from foreign currency remeasurement are included in other income (expense), net in the Company’s consolidated statements of operations. Certain foreign subsidiaries designate the local currency as their functional currency. For those subsidiaries, the assets and liabilities are translated into U.S. dollars at exchange rates in effect at the balance sheet date. Income and expense items are translated at average exchange rates for the period. The foreign currency translation adjustments are included in accumulated other comprehensive loss as a separate component of stockholders’ equity. Foreign currency transaction gains and losses are recorded within other income (expense), net in the Company’s consolidated statements of operations and were not material for any period presented.
Comprehensive Income (Loss)	Comprehensive Income (Loss) Comprehensive income (loss) consists of two components, net income (loss) and other comprehensive income (loss). Other comprehensive income (loss) refers to revenue, expenses, gains, and losses that under GAAP are recorded as an element of stockholders’ equity but are excluded from net income (loss). The Company’s comprehensive income (loss) and accumulated other comprehensive loss consists of foreign currency translation adjustments from those subsidiaries not using the U.S. dollar as their functional currency. Total accumulated other comprehensive loss is displayed as a separate component of stockholders’ equity.
Loss Contingencies	Loss Contingencies The Company is subject to the possibility of various loss contingencies arising in the ordinary course of business. Management considers the likelihood of loss or impairment of an asset or the incurrence of a liability, as well as its ability to reasonably estimate the amount of loss, in determining loss contingencies. An estimated loss contingency is accrued when it is probable that an asset has been impaired or a liability has been incurred and the amount of loss can be reasonably estimated. The Company regularly evaluates current information available to its management to determine whether such accruals should be adjusted and whether new accruals are required. From time to time, the Company is involved in disputes, litigation and other legal actions. The Company records a charge equal to at least the minimum estimated liability for a loss contingency only when both of the following conditions are met: (i) information available prior to issuance of the financial statements indicates that it is probable that an asset had been impaired or a liability had been incurred at the date of the financial statements, and (ii) the range of loss can be reasonably estimated. The actual liability in any such matters may be materially different from the Company’s estimates, which could result in the need to adjust the liability and record additional expenses.
Stock-Based Compensation	Stock-Based Compensation The Company measures and records the expense related to stock-based transactions based on the fair values of stock-based payment awards, as determined on the date of grant. The fair value of restricted stock units with a service condition (“service-based RSU”) is determined based on the closing price of the Company’s common stock on the date of grant. To estimate the fair value of stock options, the Company selected the Black-Scholes option pricing model. The fair value of restricted stock units with a service and performance condition (“performance-based RSU”) is determined based on the closing price of the Company’s common stock on the date of grant. Grant date as defined by ASC 718 is determined when the components that comprise the performance targets have been fully established. If a grant date has not been established, the compensation expense associated with the performance-based RSUs is re-measured at each reporting date based on the closing price of our common stock at each reporting date until the grant date has been established. For restricted stock units with a service and market condition (“market-based RSU”), the Company selected the Monte Carlo simulation model to estimate the fair value on the date of grant. In applying these models, the Company’s determination of the fair value of the award is affected by assumptions regarding a number of subjective variables. These variables include, but are not limited to, the Company’s expected stock price volatility over the term of the award and the employees’ actual and projected stock option exercise and pre-vesting employment termination behaviors. The Company recognizes stock-based compensation expense for options and service-based RSUs using the straight-line method, and for performance-based RSUs and market-based RSUs using the graded vesting method, based on awards ultimately expected to vest. The Company estimates future forfeitures at the date of grant. On an annual basis, the Company assesses changes to its estimate of expected forfeitures based on recent forfeiture activity. The effect of adjustments made to the forfeiture rates, if any, is recognized in the period that change is made. See Note 11, Stock Benefit Plans
401(k) Savings Plan	401(k) Savings Plan The Company sponsors a 401(k) defined contribution plan covering all U.S. employees. There were no employer contributions under this plan in fiscal years 2019, 2018 or 2017.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Accounting Pronouncements Adopted Revenue Recognition. In May 2014, the Financial Accounting Standards Board (“FASB”) issued a new accounting standard update on revenue from contracts with clients. The new guidance provides that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In March and April 2016, the FASB amended this standard to clarify implementation guidance on principal versus agent considerations and the identification of performance obligations and licensing. In May 2016, the FASB amended this standard to address improvements to the guidance on collectability, noncash consideration, and completed contracts at transition as well as provide a practical expedient for contract modifications at transition and an accounting policy election related to the presentation of sales taxes and other similar taxes collected from customers. The Company adopted the new standard effective July 1, 2018 using the modified retrospective approach applied to all contracts which were not completed as of July 1, 2018. The adoption of the standard did not have a material effect on any individual line within the Company’s consolidated financial statements nor on the financial statements as a whole. Therefore, the Company has not included the impact of adoption by line item in its disclosures. Statement of Cash Flows – Restricted Cash. In November 2016, the FASB issued a new accounting standard update on the disclosure of restricted cash on the statement of cash flows. The new standard requires the statement of cash flows explain the changes during a reporting period of the totals for cash, cash equivalents, restricted cash, and restricted cash equivalents. Additionally, amounts for restricted cash and restricted cash equivalents are to be included with cash and cash equivalents if the cash flow statement includes a reconciliation of the total cash balances for a reporting period. The Company adopted the new standard effective July 1, 2018. The adoption of this standard did not have a material impact on the Company’s consolidated financial statements. Business Combination – Definition of a Business. In January 2017, the FASB issued a new accounting standard update, which revises the definition of a business and provides new guidance in evaluating when a set of transferred assets and activities is a business. The Company adopted the new standard effective July 1, 2018 on a prospective basis. The adoption of this standard did not have a material impact on the Company’s consolidated financial statements. Shared-Based Payment Accounting. In May 2017, the FASB issued a new accounting standard update to amend the scope of modification accounting for share-based payment arrangements. The amendments in the update provide guidance on the types of changes to the terms or conditions of share-based payment awards that would be required to apply modification accounting under ASC 718, Compensation-Stock Compensation. The Company adopted the new standard effective on July 1, 2018. The adoption of this standard did not have a material impact on the Company’s consolidated financial statements. Accounting Pronouncements Not Yet Adopted Leases. In February 2016, the FASB issued a new accounting standard update which replaces ASC 840, “Leases.” The new standard requires lessees to recognize on its balance sheet a right-of-use asset representing its right to use the underlying assets for the lease term and a lease liability representing the lease payment obligations. The guidance also requires a lessee to recognize a single lease cost, calculated so that the cost of the lease is allocated over the lease term, generally on a straight-line basis. The standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years, with early adoption permitted. The standard will be effective for the Company in the first quarter of fiscal year 2020. The new standard requires that leases be recognized and measured as of the earliest period presented, using a modified retrospective approach, with all periods presented being adjusted and presented under the new standard. In July 2018, the FASB amended this standard to provide companies an optional adoption method whereby a company does not have to adjust comparative period financial statements for the new standard. The Company will adopt the new standard using the optional adoption method and therefore not adjust comparative financial statements. The Company Goodwill Impairment. In January 2017, the FASB issued a new accounting standard update to simplify the measurement of goodwill by eliminating the Step 2 impairment test. Step 2 measures a goodwill impairment loss by comparing the implied fair value of a reporting unit’s goodwill with the carrying amount of that goodwill. The new standard requires an entity to compare the fair value of a reporting unit with its carrying amount and recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value. Additionally, an entity should consider income tax effects from any tax deductible goodwill on the carrying amount of the reporting unit when measuring the goodwill impairment loss, if applicable. The new guidance becomes effective for goodwill impairment tests in fiscal years beginning after December 15, 2019, with early adoption permitted. The adoption of this standard is not expected to have an impact on the Company’s consolidated financial statements.
Net Income (Loss) per Share	Basic net income (loss) per share is computed by dividing net income (loss) by the weighted-average number of shares of common stock outstanding during the period. Diluted net income (loss) per share is computed by using the weighted-average number of shares of common stock outstanding, including potential dilutive shares of common stock assuming the dilutive effect of outstanding stock options and restricted stock units using the treasury stock method.
Cash Equivalents	Cash Equivalents The valuation technique used to measure the fair value of money market funds included using quoted prices in active markets for identical assets.
Retirement of Treasury Stock	The Company’s accounting policy upon the retirement of treasury stock is to deduct its par value from common stock and reduce additional paid-in capital by the amount recorded in additional paid-in capital when the stock was originally issued.
Segment Information	Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision making group, in deciding how to allocate resources and in assessing performance. The Company’s chief operating decision maker, its chief executive officer, reviews financial information presented on a consolidated basis, and no expense or operating income is evaluated at a segment level. Given the consolidated level of review by the Company’s chief executive officer, the Company operates as one reportable segment.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Estimated Useful Lives of the Assets	Property and equipment are stated at cost less accumulated depreciation and amortization, and are depreciated on a straight-line basis over the estimated useful lives of the assets, as follows: Computer equipment 3 years Software 3 years Furniture and fixtures 3 to 5 years Leasehold improvements the shorter of the lease term or the estimated useful lives of the improvements

Revenue (Tables)

Revenue (Tables)	12 Months Ended
	Jun. 30, 2019
Revenue From Contract With Customer [Abstract]
Schedule of Disaggregation of Net Revenue	The following table shows the Company’s net revenue disaggregated by vertical (in thousands): Fiscal Year Ended June 30, 2019 2018 2017 Net revenue: Financial services $ 330,384 $ 283,114 $ 184,803 Education 68,473 77,261 72,140 Other 56,297 43,983 42,842 Total net revenue $ 455,154 $ 404,358 $ 299,785
Schedule of Contract Liabilities From Contracts With Clients	The following table provides information about contract liabilities from the Company’s contracts with its clients (in thousands): June 30, 2019 2018 Deferred revenue $ 761 $ 715 Client deposits 661 684

Net Income (Loss) per Share (Ta

Net Income (Loss) per Share (Tables)	12 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Calculation of Basic and Diluted Net Income (Loss) per Share	The following table presents the calculation of basic and diluted net income (loss) per share: Fiscal Year Ended June 30, 2019 2018 2017 (In thousands, except per share data) Numerator: Basic and Diluted: Net income (loss) $ 62,480 $ 15,930 $ (12,208 ) Denominator: Basic: Weighted-average shares of common stock used in computing basic net income (loss) per share 49,581 46,417 45,594 Diluted: Weighted average shares of common stock used in computing basic net income (loss) per share 49,581 46,417 45,594 Weighted average effect of dilutive securities: Stock options 1,724 1,334 — Restricted stock units 1,449 2,121 — Weighted average shares of common stock used in computing diluted net income (loss) per share 52,754 49,872 45,594 Net income (loss) per share: Basic $ 1.26 $ 0.34 $ (0.27 ) Diluted (1) $ 1.18 $ 0.32 $ (0.27 ) Securities excluded from weighted-average shares used in computing diluted net income (loss) per share because the effect would have been anti-dilutive: (2) 118 1,129 7,060 (1) In fiscal year 2017, diluted EPS does not reflect any potential common stock relating to stock options or restricted stock units due to net losses incurred as the assumed issuance of any additional shares would be anti-dilutive. (2) These weighted shares relate to anti-dilutive stock options and restricted stock units as calculated using the treasury stock method and could be dilutive in the future.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Jun. 30, 2019
Fair Value Disclosures [Abstract]
Schedule of Fair Value of Financial Instruments Measured at Fair Value on Recurring Basis	The following present June 30, 2019 Level 1 Level 2 Level 3 Total Assets: Money market funds $ 11,206 $ — $ — $ 11,206 Total $ 11,206 $ — $ — $ 11,206 Liabilities: Post-closing payments related to acquisitions $ — $ 16,259 $ — $ 16,259 Contingent consideration related to acquisitions — — 5,058 5,058 Total $ — $ 16,259 $ 5,058 $ 21,317 June 30, 2018 Level 1 Level 2 Level 3 Total Assets: Money market funds $ 10,949 $ — $ — $ 10,949 Total $ 10,949 $ — $ — $ 10,949
Schedule of Change in Contingent Consideration	The following table represents the change in the contingent consideration (in thousands): Level 3 Balance as of June 30, 2018 $ — Additions 5,058 Balance as of June 30, 2019 $ 5,058

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Jun. 30, 2019
Business Combinations [Abstract]
Schedule of Consideration	The following table summarizes the total consideration for each acquisition as of the acquisition dates (in thousands): AmOne CCM MBT Cash $ 23,032 $ 8,281 $ 4,511 Post-closing adjustments for net assets acquired 138 (72 ) — Post-closing payments, net of imputed interest (1) 7,514 6,671 3,708 Contingent consideration — 3,553 1,505 Total $ 30,684 $ 18,433 $ 9,724 (1) The post-closing payment is net of imputed interest of $486 thousand for AmOne, $829 thousand for CCM and $292 thousand for MBT.
Summary of Liabilities recorded in Consolidated Balance Sheet	As of June 30, 2019, the following table summarizes the liabilities recorded in the Company’s consolidated balance sheet related to the fiscal year 2019 acquisitions (in thousands): Post-closing Payments Contingent Consideration Other liabilities, current $ 7,638 $ 1,329 Other liabilities, noncurrent 8,621 3,729 Total $ 16,259 $ 5,058
Summary of Preliminary Allocation of Purchase Price and Estimated Useful Lives of the Identifiable Assets Acquired	The following table summarizes the preliminary allocation of purchase price and the estimated useful lives of the identifiable assets acquired as of the date of the acquisition (in thousands): AmOne Estimated Useful Life CCM Estimated Useful Life MBT Estimated Useful Life Customer/publisher/advertiser relationships $ 21,300 7 years $ 4,500 3-4 years $ 3,400 3-12 years Website/trade/domain names 900 15 years 300 5 years 1,100 15 years Acquired technology and others 500 3 years — n/a — n/a Net assets 2,838 n/a 2,071 n/a 1,671 n/a Goodwill 5,146 Indefinite 11,562 Indefinite 3,553 Indefinite Total $ 30,684 $ 18,433 $ 9,724 The following table summarizes the allocation of the purchase price and the estimated useful lives of the identifiable assets acquired as of the of the acquisition (in thousands): Estimated Fair Value Estimated Useful Life Customer/publisher/advertiser relationships $ 4,200 4-7 years Acquired technology and others 3,700 3 years Goodwill 6,100 Indefinite Total $ 14,000
Summary of Unaudited Pro Forma Financial Information Combined Results of Operations	The unaudited pro forma financial information in the table below summarizes the combined results of operations for the Company and the acquired businesses as though these acquisitions occurred as of the beginning of fiscal year 2018. The unaudited pro-forma financial information is presented for illustrative purposes only and do not necessarily reflect what the combined company’s results of operations would have been had the acquisitions occurred as of the beginning of fiscal year 2018, nor is it necessarily indicative of the future results of operations of the combined Company. Fiscal Year Ended June 30, 2019 2018 (In thousands) Net revenue 474,378 440,419 Net income 65,445 20,813

Balance Sheet Components (Table

Balance Sheet Components (Tables)	12 Months Ended
	Jun. 30, 2019
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Accounts Receivable, Net	Accounts receivable, net was comprised June 30, 2019 2018 Accounts receivable $ 85,926 $ 70,317 Less: Allowance for doubtful accounts (10,298 ) (1,825 ) Total $ 75,628 $ 68,492
Schedule of Prepaid Expenses and Other Assets	Prepaid expenses and other assets were comprised of the following (in thousands): June 30, 2019 2018 Prepaid expenses $ 3,504 $ 3,030 Income tax receivable 1,043 909 Other assets 681 493 Total $ 5,228 $ 4,432
Property and Equipment, Net	Property and equipment, net was comprised of the following (in thousands): June 30, 2019 2018 Computer equipment $ 12,328 $ 12,266 Software 11,605 11,513 Furniture and fixtures 3,156 3,060 Leasehold improvements 2,838 1,937 Internal software development costs 35,941 33,654 Total property plant and equipment, gross 65,868 62,430 Less: Accumulated depreciation and amortization (60,458 ) (58,219 ) Total property plant and equipment, net $ 5,410 $ 4,211
Accrued Liabilities	Accrued liabilities were comprised of the following (in thousands): June 30, 2019 2018 Accrued media costs $ 30,429 $ 25,612 Accrued professional service and other business expenses 4,916 3,867 Accrued compensation and related expenses 1,533 5,332 Total $ 36,878 $ 34,811

Intangible Assets, Net and Go_2

Intangible Assets, Net and Goodwill (Tables)	12 Months Ended
	Jun. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract]
Intangible Assets	Intangible Assets, Net Intangible assets, net consisted of the following (in thousands): June 30, 2019 June 30, 2018 Gross Net Gross Net Carrying Accumulated Carrying Carrying Accumulated Carrying Amount Amortization Amount Amount Amortization Amount Customer/publisher/advertiser relationships $ 70,300 $ (40,663 ) $ 29,637 $ 41,101 $ (37,286 ) $ 3,815 Content 60,964 (60,940 ) 24 60,969 (60,930 ) 39 Website/trade/domain names 33,546 (30,218 ) 3,328 31,098 (29,369 ) 1,729 Acquired technology and others 39,400 (37,271 ) 2,129 38,900 (35,910 ) 2,990 Total $ 204,210 $ (169,092 ) $ 35,118 $ 172,068 $ (163,495 ) $ 8,573
Amortization Expense	Future amortization expense for the Company’s intangible assets as of June 30, 2019 was as follows (in thousands): Fiscal Year Ending June 30, Amortization 2020 $ 7,727 2021 6,414 2022 5,297 2023 4,698 2024 3,855 Thereafter 7,127 Total $ 35,118
Changes in Carrying Amount of Goodwill	Goodwill The changes in the carrying amount of goodwill for fiscal years 2019 and 2018 were as follows (in thousands): Goodwill Balance at June 30, 2017 $ 56,118 Additions 6,165 Balance at June 30, 2018 62,283 Additions 20,261 Balance at June 30, 2019 $ 82,544

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Jun. 30, 2019
Income Tax Disclosure [Abstract]
Components of Income (Loss) Before Income Taxes	The components of income (loss) before income taxes were as follows (in thousands): Fiscal Year Ended June 30, 2019 2018 2017 US $ 10,316 $ 17,218 $ (12,286 ) Foreign 403 (714 ) (1,002 ) Total $ 10,719 $ 16,504 $ (13,288 )
Components of the (Benefit from) Provision for Income Taxes	The components of the (benefit from) provision for income taxes were as follows (in thousands): Fiscal Year Ended June 30, 2019 2018 2017 Current Federal $ — $ (2 ) $ (16 ) State 193 479 (1,270 ) Foreign 255 210 191 Total current (benefit from) provision for income taxes 448 687 (1,095 ) Deferred Federal (45,201 ) (113 ) 15 State (7,008 ) — — Foreign — — — Total deferred (benefit from) provision for income taxes (52,209 ) (113 ) 15 Total (benefit from) provision for income taxes $ (51,761 ) $ 574 $ (1,080 )
Reconciliation Between Statutory Federal Income Tax and Company's Effective Tax Rates as Percentage of Income (Loss) Before Income Taxes	The reconciliation between the statutory federal income tax and the Company’s effective tax rates as a percentage of income (loss) before income taxes was as follows: Fiscal Year Ended June 30, 2019 2018 2017 Federal tax rate 21.0 % 27.6 % 34.0 % States taxes, net of federal benefit (69.3 )% (1.4 )% 14.5 % Foreign rate differential 0.3 % 0.3 % (0.3 )% Stock-based compensation expense (48.9 )% (20.8 )% (23.9 )% Change in valuation allowance (397.8 )% (151.3 )% (18.7 )% Research and development credits (8.5 )% (4.8 )% 2.5 % Federal tax rate change impact — 146.3 % — Disqualified compensation expense 16.5 % 5.7 % — Uncertain tax position 2.8 % 1.4 % (0.8 )% Other 1.0 % 0.5 % 0.8 % Effective income tax rate (482.9 )% 3.5 % 8.1 %
Components of Long-Term Deferred Tax Assets and Liabilities, Net	The components of the long-term deferred tax assets and liabilities, net were as follows (in thousands): June 30, 2019 2018 Noncurrent: Reserves and accruals $ 3,695 $ 2,072 Stock-based compensation expense 3,319 2,590 Intangible assets 18,085 22,716 Net operating loss 27,818 22,791 Fixed assets 47 188 Tax credits 7,474 6,320 Other 57 580 Total noncurrent deferred tax assets 60,495 57,257 Valuation allowance - long-term (8,346 ) (57,197 ) Noncurrent deferred tax assets, net $ 52,149 $ 60
Reconciliation of Beginning and Ending Amounts of Unrecognized Tax Benefits	A reconciliation of the beginning and ending amounts of unrecognized tax benefits was as follows (in thousands): Fiscal Year Ended June 30, 2019 2018 2017 Balance at the beginning of the year $ 3,256 $ 2,838 $ 3,175 Gross increases - current period tax positions 467 429 295 Gross increases - prior period tax positions 10 70 51 Gross decreases - prior period tax positions — — (429 ) Reductions as a result of lapsed statute of limitations (6 ) (81 ) (254 ) Balance at the end of the year $ 3,727 $ 3,256 $ 2,838

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Jun. 30, 2019
Commitments And Contingencies Disclosure [Abstract]
Future Annual Minimum Lease Payments under Noncancelable Operating Leases	Future annual minimum lease payments under noncancelable operating leases as of June 30, 2019 were as follows (in thousands): Operating Fiscal Year Ending June 30, Leases 2020 $ 3,529 2021 4,263 2022 4,234 2023 3,801 2024 1,312 Thereafter 176 Total $ 17,315

Stock Benefit Plans (Tables)

Stock Benefit Plans (Tables)	12 Months Ended
	Jun. 30, 2019
Stock Option Award Activity	The following table summarizes the stock option award activity under the plans in fiscal years 2019 and 2018: Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life (In years) Aggregate Intrinsic Value (In thousands) Outstanding at June 30, 2017 4,221,579 $ 6.50 4.17 $ 996 Granted 802,080 4.98 Exercised (1,465,265 ) 7.59 Forfeited (6,700 ) 4.01 Expired (37,731 ) 11.73 Outstanding at June 30, 2018 3,513,963 $ 5.65 4.18 $ 24,989 Granted 81,029 14.52 Exercised (1,147,124 ) 6.71 Forfeited (28,349 ) 4.64 Expired (7,797 ) 11.17 Outstanding at June 30, 2019 2,411,722 $ 5.44 3.64 $ 25,123 Vested and expected-to-vest at June 30, 2019 (1) 2,347,050 $ 5.43 3.60 $ 24,479 Vested and exercisable at June 30, 2019 1,449,768 $ 5.72 2.90 $ 14,690 (1) The expected-to-vest options are the result of applying the pre-vesting forfeiture assumption to total outstanding options.
Schedule of Share Based Compensation Options Outstanding and Exercisable By Range of Exercise Price	The following table summarizes outstanding and exercisable stock options by range of exercise price as of June 30, 2019: Options Outstanding Options Exercisable Range or Exercise Prices Number of Shares Weighted Average Remaining Contractual Term Weighted Average Exercise Price Number of Shares Weighted Average Exercise Price $3.40 - $3.40 50,000 4.59 $ 3.40 29,166 $ 3.40 $3.59 - $3.59 360,417 4.42 $ 3.59 219,271 $ 3.59 $3.63 - $3.63 580,941 4.00 $ 3.63 277,649 $ 3.63 $3.91 - $3.91 75,000 2.34 $ 3.91 75,000 $ 3.91 $4.01 - $4.01 447,269 4.99 $ 4.01 131,087 $ 4.01 $4.31 - $5.79 244,816 2.10 $ 4.88 221,899 $ 4.93 $5.80 - $7.20 259,573 1.84 $ 6.42 240,410 $ 6.36 $8.26 - $13.77 286,203 3.44 $ 10.20 164,518 $ 9.39 $14.06 - $15.72 98,268 1.82 $ 15.42 90,768 $ 15.51 $18.35 - $18.35 9,235 6.27 $ 18.35 — $ — $3.40 - $18.35 2,411,722 3.64 $ 5.44 1,449,768 $ 5.72
Schedule of Total Intrinsic Value, Cash Received and Actual Tax Benefit of All Options Exercised	The following table summarizes the total intrinsic value, the cash received and the actual tax benefit of all options exercised in fiscal years 2019, 2018 and 2017 (in thousands): Fiscal Year Ended June 30, 2019 2018 2017 Intrinsic value $ 9,749 $ 6,440 $ — Cash received 7,702 11,115 — Tax benefit 1,399 — —
Stock options [Member]
Schedule of Weighted Average Assumptions	The weighted-average Black-Scholes model assumptions and the weighted-average grant date fair value of stock options in fiscal years 2019, 2018 and 2017 were as follows: Fiscal Year Ended June 30, 2019 2018 2017 Expected term (in years) 4.4 4.6 4.5 Expected volatility 56 % 48 % 45 % Expected dividend yield — — — Risk-free interest rate 2.5 % 1.9 % 1.3 % Grant date fair value $ 6.86 $ 2.09 $ 1.41
Market-based RSUs [Member]
Schedule of Weighted Average Assumptions	There were no market-based RSU grants during fiscal year 2019. The weighted-average Monte Carlo simulation model assumptions in fiscal years 2018 and 2017 were as follows: Fiscal Year Ended June 30, 2018 2017 Expected term (in years) 4.0 4.0 Expected volatility 50 % 45 % Expected dividend yield — — Risk-free interest rate 2.4 % 1.1 % Grant date fair value $ 7.66 $ 3.01
Schedule of RSU Activity	The following table summarizes the market-based RSU activity under the 2010 Incentive Plan in fiscal years 2019 and 2018: Shares Weighted Average Grant Date Fair Value Weighted Average Remaining Contractual Life (In years) Aggregate Intrinsic Value (In thousands) Outstanding at June 30, 2017 1,093,289 $ 4.57 1.22 $ 4,559 Granted 68,840 7.66 Vested (617,435 ) 4.75 Forfeited (46,426 ) 3.84 Outstanding at June 30, 2018 498,268 $ 4.89 0.96 $ 6,328 Granted — — Vested (273,941 ) 4.86 Forfeited (28,229 ) 4.61 Outstanding at June 30, 2019 196,098 $ 5.00 0.68 $ 3,108
Service-based RSU [Member]
Schedule of RSU Activity	The following table summarizes the service-based RSU activity under the plans in fiscal years 2019 and 2018: Shares Weighted Average Grant Date Fair Value Weighted Average Remaining Contractual Life (In years) Aggregate Intrinsic Value (In thousands) Outstanding at June 30, 2017 2,549,663 $ 4.12 1.11 $ 10,632 Granted 1,622,672 4.63 Vested (1,408,386 ) 4.33 Forfeited (96,422 ) 4.57 Outstanding at June 30, 2018 2,667,527 $ 4.33 0.86 $ 33,878 Granted 1,042,354 13.96 Vested (1,638,840 ) 4.35 Forfeited (69,035 ) 8.68 Outstanding at June 30, 2019 2,002,006 $ 9.06 1.10 $ 31,732
Performance-based RSU [Member]
Schedule of RSU Activity	The following table summarizes the performance-based RSU activity under the 2010 Incentive Plan in fiscal year 2019: Shares Weighted Average Grant Date Fair Value Weighted Average Remaining Contractual Life (In years) Aggregate Intrinsic Value (In thousands) Outstanding at June 30, 2018 — $ — — $ — Granted 742,547 15.85 Vested — — Forfeited (25,935 ) 15.85 Outstanding at June 30, 2019 716,612 $ 15.85 1.36 $ 11,358

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Jun. 30, 2019
Segment Reporting [Abstract]
Net Revenue and Long-Lived Assets by Geographic Area	The following tables set forth net revenue and long-lived assets by geographic area (in thousands): Fiscal Year Ended June 30, 2019 2018 2017 Net revenue: United States $ 445,957 $ 395,880 $ 292,370 International 9,197 8,478 7,415 Total net revenue $ 455,154 $ 404,358 $ 299,785 June 30, 2019 2018 Property and equipment, net: United States $ 5,149 $ 3,875 International 261 336 Total property and equipment, net $ 5,410 $ 4,211 June 30, 2019 2018 Other intangible assets, net: United States $ 35,044 $ 8,441 International 74 132 Total other intangible assets, net $ 35,118 $ 8,573

Restructuring Costs (Tables)

Restructuring Costs (Tables)	12 Months Ended
	Jun. 30, 2019
Restructuring And Related Activities [Abstract]
Summary of Restructuring Charges	The following table summarizes the restructuring charges for fiscal year 2017 (in thousands): Fiscal Year Ended June 30, 2017 Employee severance and benefits $ 2,399 Non-cash employee severance and benefits - stock-based compensation 42 Total restructuring charges $ 2,441

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Additional Information (Detail)	Apr. 30, 2019USD ($)	Apr. 30, 2018USD ($)	Jun. 30, 2019USD ($)ClientSegment	Jun. 30, 2018USD ($)ClientSegment	Jun. 30, 2017USD ($)Client
Summary Of Significant Accounting Policies [Line Items]
Number of other clients that accounted for 10% or more of net revenue | Client			0	0	0
Number of other clients that accounted for 10% or more of net accounts receivable | Client			0	0
Maximum period for classifying as cash and cash equivalents				3 months
Restricted cash as collateral for letters of credit				$ 900,000
Costs incurred in development phase are capitalized and amortized period			6 months
Maximum period from the acquisition date for recording adjustments to the assets acquired and liabilities assumed			1 year
Number of reporting units | Segment			1	1
Impairment charges recorded			$ 0	$ 0
Impairment of long-lived assets	$ 0	$ 0
Weighted-average useful life of intangible assets			6 years 3 months 18 days
Minimum [Member]
Summary Of Significant Accounting Policies [Line Items]
Right-of-use assets			$ 10,000
Lease liabilities			10,000
Maximum [Member]
Summary Of Significant Accounting Policies [Line Items]
Right-of-use assets			20,000
Lease liabilities			$ 20,000
Software Development [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated useful lives of the assets			2 years
Software capitalized amount			$ 2,300,000	$ 2,000,000	$ 2,100,000
Customer Concentration Risk [Member] | Net revenue [Member] | The Progressive Corporation [Member]
Summary Of Significant Accounting Policies [Line Items]
Concentration risk percentage accounted by major clients			22.00%	23.00%	17.00%
Number of clients that accounted for 10% or more of net revenue | Client			1	1	1
Customer Concentration Risk [Member] | Net accounts receivable [Member] | The Progressive Corporation [Member]
Summary Of Significant Accounting Policies [Line Items]
Concentration risk percentage accounted by major clients			11.00%
Number of clients that accounted for 10% or more of net accounts receivable | Client			1
Customer Concentration Risk [Member] | Net accounts receivable [Member] | Progressive Corporation and Dream Center Education Holdings [Member]
Summary Of Significant Accounting Policies [Line Items]
Concentration risk percentage accounted by major clients				13.00%
Number of clients that accounted for 10% or more of net accounts receivable | Client				2

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Estimated Useful Lives of the Assets (Detail)	12 Months Ended
	Jun. 30, 2019
Computer equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of the assets	3 years
Furniture and fixtures [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of the assets	3 years
Furniture and fixtures [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of the assets	5 years
Leasehold improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of Leasehold improvement	the shorter of the lease term or the estimated useful lives of the improvements
Software [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of the assets	3 years

Revenue - Schedule of Disaggreg

Revenue - Schedule of Disaggregation of Net Revenue (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Disaggregation Of Revenue [Line Items]
Net revenue	$ 455,154	$ 404,358	$ 299,785
Financial services [Member]
Disaggregation Of Revenue [Line Items]
Net revenue	330,384	283,114	184,803
Education [Member]
Disaggregation Of Revenue [Line Items]
Net revenue	68,473	77,261	72,140
Other [Member]
Disaggregation Of Revenue [Line Items]
Net revenue	$ 56,297	$ 43,983	$ 42,842

Revenue - Schedule of Contract

Revenue - Schedule of Contract Liabilities From Contracts With Clients (Detail) - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018
Contract With Customer Asset And Liability [Abstract]
Deferred revenue	$ 761	$ 715
Client deposits	$ 661	$ 684

Revenue - Additional Informatio

Revenue - Additional Information (Detail) $ in Millions	12 Months Ended
	Jun. 30, 2019USD ($)
Revenue From Contract With Customer [Abstract]
Revenue recognized	$ 8.3

Net Income (Loss) per Share - C

Net Income (Loss) per Share - Calculation of Basic and Diluted Net Income (Loss) per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		12 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Basic and Diluted:
Net income (loss)		$ 62,480	$ 15,930	$ (12,208)
Basic:
Weighted-average shares of common stock used in computing basic net income (loss) per share		49,581	46,417	45,594
Diluted:
Weighted-average shares of common stock used in computing basic net income (loss) per share		49,581	46,417	45,594
Weighted average effect of dilutive securities:
Weighted-average shares of common stock used in computing diluted net income (loss) per share		52,754	49,872	45,594
Net income (loss) per share:
Basic		$ 1.26	$ 0.34	$ (0.27)
Diluted	[1]	$ 1.18	$ 0.32	$ (0.27)
Securities excluded from weighted-average shares used in computing diluted net income (loss) per share because the effect would have been anti-dilutive:	[2]	118	1,129	7,060
Stock options [Member]
Weighted average effect of dilutive securities:
Weighted average effect of dilutive securities		1,724	1,334	0
Restricted stock units [Member]
Weighted average effect of dilutive securities:
Weighted average effect of dilutive securities		1,449	2,121	0
[1]	In fiscal year 2017, diluted EPS does not reflect any potential common stock relating to stock options or restricted stock units due to net losses incurred as the assumed issuance of any additional shares would be anti-dilutive.
[2]	These weighted shares relate to anti-dilutive stock options and restricted stock units as calculated using the treasury stock method and could be dilutive in the future.

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Fair Value of Financial Instruments Measured at Fair Value on Recurring Basis (Detail) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018
Assets:
Total Assets	$ 11,206	$ 10,949
Liabilities:
Total Liabilities	21,317
Post-closing payments related to acquisitions [Member]
Liabilities:
Total Liabilities	16,259
Contingent consideration related to acquisitions [Member]
Liabilities:
Total Liabilities	5,058
Level 1 [Member]
Assets:
Total Assets	11,206	10,949
Liabilities:
Total Liabilities	0
Level 1 [Member] | Post-closing payments related to acquisitions [Member]
Liabilities:
Total Liabilities	0
Level 1 [Member] | Contingent consideration related to acquisitions [Member]
Liabilities:
Total Liabilities	0
Level 2 [Member]
Assets:
Total Assets	0	0
Liabilities:
Total Liabilities	16,259
Level 2 [Member] | Post-closing payments related to acquisitions [Member]
Liabilities:
Total Liabilities	16,259
Level 2 [Member] | Contingent consideration related to acquisitions [Member]
Liabilities:
Total Liabilities	0
Level 3 [Member]
Assets:
Total Assets	0	0
Liabilities:
Total Liabilities	5,058
Level 3 [Member] | Post-closing payments related to acquisitions [Member]
Liabilities:
Total Liabilities	0
Level 3 [Member] | Contingent consideration related to acquisitions [Member]
Liabilities:
Total Liabilities	5,058
Money market funds [Member]
Assets:
Total Assets	11,206	10,949
Money market funds [Member] | Level 1 [Member]
Assets:
Total Assets	11,206	10,949
Money market funds [Member] | Level 2 [Member]
Assets:
Total Assets	0	0
Money market funds [Member] | Level 3 [Member]
Assets:
Total Assets	$ 0	$ 0

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($)	Jun. 30, 2019	Jun. 30, 2018
Fair Value Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Fair value, assets, level 1 to level 2 transfers, amount	$ 0	$ 0
Fair value, assets, level 2 to level 1 transfers, amount	0	0
Fair value, liabilities, level 1 to level 2 transfers, amount	0	0
Fair value, liabilities, level 2 to level 1 transfers, amount	$ 0	$ 0

Fair Value Measurements - Sch_2

Fair Value Measurements - Schedule of Change in Contingent Consideration (Detail) - Level 3 [Member] $ in Thousands	12 Months Ended
	Jun. 30, 2019USD ($)
Fair Value Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Beginning balance	$ 0
Additions	5,058
Ending balance	$ 5,058

Acquisitions - Additional Infor

Acquisitions - Additional Information (Detail) - USD ($) $ in Thousands	May 14, 2019	Apr. 15, 2019	Oct. 01, 2018	Nov. 30, 2017	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Business Acquisition [Line Items]
Cash paid upon closing					$ 32,737	$ 14,154	$ 0
AmOne Corp [Member]
Business Acquisition [Line Items]
Closing date of acquisition			Oct. 1, 2018
Cash paid upon closing			$ 23,000		$ 23,032
Cash paid for net assets acquired			2,700
Business Combination, post-closing payments			$ 8,000
Business combination, deferred consideration payment period			2 years
Business combination, deferred consideration payment description					post-closing payments, payable in cash in equal semi-annual installments over a two year period, with the first installment payable six months following the date of closing.
Date of acquisition			Oct. 1, 2018
Estimated fair value of significant asset acquired					$ 19,400
CloudControlMedia, LLC [Member]
Business Acquisition [Line Items]
Closing date of acquisition		Apr. 15, 2019
Cash paid upon closing		$ 8,300			$ 8,281
Cash paid for net assets acquired		800
Business Combination, post-closing payments		$ 7,500
Business combination, deferred consideration payment period		4 years
Business combination, deferred consideration payment description					The $7.5 million post-closing payments are payable in cash in equal semi-annual installments over a four year period, with the first installment payable six months following the date of closing.
Date of acquisition		Apr. 15, 2019
Business combination, contingent consideration payment description		The contingent consideration is payable for five years following the date of closing and is calculated every June 30 and December 31 for the preceding six months.
Business combination contingent consideration payable period		5 years
MyBankTracker.com, LLC [Member]
Business Acquisition [Line Items]
Closing date of acquisition	May 14, 2019
Cash paid upon closing	$ 4,500				$ 4,511
Cash paid for net assets acquired	1,500
Business Combination, post-closing payments	$ 4,000
Business combination, deferred consideration payment period	2 years
Business combination, deferred consideration payment description					The $4.0 million post-closing payments are payable in cash in equal semi-annual installments over a two year period, with the first installment payable twelve months following the date of closing.
Date of acquisition	May 14, 2019
Business combination, contingent consideration payment description	The contingent consideration is calculated semi-annually for the preceding six months beginning on December 31, 2019 and ending on June 30, 2023.
AmOne Corp, CloudControlMedia, LLC, and MyBankTracker.com, LLC [Member] | Nonrecurring Acquisition Cost [Member]
Business Acquisition [Line Items]
Acquisition costs					$ 400
Katch, LLC [Member]
Business Acquisition [Line Items]
Payments for assets acquired				$ 14,000

Acquisitions - Schedule of Cons

Acquisitions - Schedule of Consideration (Detail) - USD ($) $ in Thousands		May 14, 2019	Apr. 15, 2019	Oct. 01, 2018	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Business Acquisition [Line Items]
Cash					$ 32,737	$ 14,154	$ 0
AmOne Corp [Member]
Business Acquisition [Line Items]
Cash				$ 23,000	23,032
Post-closing adjustments for net assets acquired					138
Post-closing payments, net of imputed interest	[1]				7,514
Contingent consideration					0
Total					30,684
CloudControlMedia, LLC [Member]
Business Acquisition [Line Items]
Cash			$ 8,300		8,281
Post-closing adjustments for net assets acquired					(72)
Post-closing payments, net of imputed interest	[1]				6,671
Contingent consideration					3,553
Total					18,433
MyBankTracker.com, LLC [Member]
Business Acquisition [Line Items]
Cash		$ 4,500			4,511
Post-closing adjustments for net assets acquired					0
Post-closing payments, net of imputed interest	[1]				3,708
Contingent consideration					1,505
Total					$ 9,724
[1]	The post-closing payment is net of imputed interest of $486 thousand for AmOne, $829 thousand for CCM and $292 thousand for MBT.

Acquisitions - Schedule of Co_2

Acquisitions - Schedule of Consideration (Parenthetical) (Detail) $ in Thousands	12 Months Ended
	Jun. 30, 2019USD ($)
AmOne Corp [Member]
Business Acquisition [Line Items]
Post-closing payments net of imputed interest	$ 486
CloudControlMedia, LLC [Member]
Business Acquisition [Line Items]
Post-closing payments net of imputed interest	829
MyBankTracker.com, LLC [Member]
Business Acquisition [Line Items]
Post-closing payments net of imputed interest	$ 292

Acquisitions - Summary of Liabi

Acquisitions - Summary of Liabilities recorded in Consolidated Balance Sheet (Detail) $ in Thousands	Jun. 30, 2019USD ($)
Business Combinations [Abstract]
Other liabilities current related to post-closing payments	$ 7,638
Other liabilities noncurrent related to post-closing payments	8,621
Total post closing payments	16,259
Other liabilities current related to contingent consideration	1,329
Other liabilities noncurrent related to contingent consideration	3,729
Total contingent consideration	$ 5,058

Acquisitions - Summary of Preli

Acquisitions - Summary of Preliminary Allocation of Purchase Price and Estimated Useful Lives of the Identifiable Assets Acquired (Detail) - USD ($) $ in Thousands	May 14, 2019	Apr. 15, 2019	Oct. 01, 2018	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Business Acquisition [Line Items]
Goodwill				$ 82,544	$ 62,283	$ 56,118
Estimated Useful Life				6 years 3 months 18 days
AmOne Corp [Member]
Business Acquisition [Line Items]
Estimated Fair Value				$ 19,400
Goodwill			$ 5,146
Total purchase price			30,684
AmOne Corp [Member] | Customer/publisher/advertiser relationships [Member]
Business Acquisition [Line Items]
Estimated Fair Value			$ 21,300
Estimated Useful Life			7 years
AmOne Corp [Member] | Website/trade/domain names [Member]
Business Acquisition [Line Items]
Estimated Fair Value			$ 900
Estimated Useful Life			15 years
AmOne Corp [Member] | Acquired technology and others [Member]
Business Acquisition [Line Items]
Estimated Fair Value			$ 500
Estimated Useful Life			3 years
AmOne Corp [Member] | Net assets [Member]
Business Acquisition [Line Items]
Estimated Fair Value			$ 2,838
CloudControlMedia, LLC [Member]
Business Acquisition [Line Items]
Goodwill		$ 11,562
Total purchase price		18,433
CloudControlMedia, LLC [Member] | Customer/publisher/advertiser relationships [Member]
Business Acquisition [Line Items]
Estimated Fair Value		$ 4,500
CloudControlMedia, LLC [Member] | Customer/publisher/advertiser relationships [Member] | Minimum [Member]
Business Acquisition [Line Items]
Estimated Useful Life		3 years
CloudControlMedia, LLC [Member] | Customer/publisher/advertiser relationships [Member] | Maximum [Member]
Business Acquisition [Line Items]
Estimated Useful Life		4 years
CloudControlMedia, LLC [Member] | Website/trade/domain names [Member]
Business Acquisition [Line Items]
Estimated Fair Value		$ 300
Estimated Useful Life		5 years
CloudControlMedia, LLC [Member] | Net assets [Member]
Business Acquisition [Line Items]
Estimated Fair Value		$ 2,071
MyBankTracker.com, LLC [Member]
Business Acquisition [Line Items]
Goodwill	$ 3,553
Total purchase price	9,724
MyBankTracker.com, LLC [Member] | Customer/publisher/advertiser relationships [Member]
Business Acquisition [Line Items]
Estimated Fair Value	$ 3,400
MyBankTracker.com, LLC [Member] | Customer/publisher/advertiser relationships [Member] | Minimum [Member]
Business Acquisition [Line Items]
Estimated Useful Life	3 years
MyBankTracker.com, LLC [Member] | Customer/publisher/advertiser relationships [Member] | Maximum [Member]
Business Acquisition [Line Items]
Estimated Useful Life	12 years
MyBankTracker.com, LLC [Member] | Website/trade/domain names [Member]
Business Acquisition [Line Items]
Estimated Fair Value	$ 1,100
Estimated Useful Life	15 years
MyBankTracker.com, LLC [Member] | Net assets [Member]
Business Acquisition [Line Items]
Estimated Fair Value	$ 1,671

Acquisitions - Summary of Unaud

Acquisitions - Summary of Unaudited Pro Forma Financial Information Combined Results of Operations (Detail) - AmOne Corp, CloudControlMedia, LLC, and MyBankTracker.com, LLC [Member] - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Business Acquisition Pro Forma Information Nonrecurring Adjustment [Line Items]
Net revenue	$ 474,378	$ 440,419
Net income	$ 65,445	$ 20,813

Acquisitions - Summary of Alloc

Acquisitions - Summary of Allocation of Purchase Price and Estimated Useful Lives of the Identifiable Assets Acquired (Detail) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Nov. 30, 2017	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Business Acquisition [Line Items]
Estimated Useful Life		6 years 3 months 18 days
Goodwill		$ 82,544	$ 62,283	$ 56,118
Katch, LLC [Member]
Business Acquisition [Line Items]
Goodwill	$ 6,100
Total purchase price	14,000
Katch, LLC [Member] | Customer/publisher/advertiser relationships [Member]
Business Acquisition [Line Items]
Estimated Fair Value	4,200
Katch, LLC [Member] | Acquired technology and others [Member]
Business Acquisition [Line Items]
Estimated Fair Value	$ 3,700
Estimated Useful Life	3 years
Katch, LLC [Member] | Minimum [Member] | Customer/publisher/advertiser relationships [Member]
Business Acquisition [Line Items]
Estimated Useful Life	4 years
Katch, LLC [Member] | Maximum [Member] | Customer/publisher/advertiser relationships [Member]
Business Acquisition [Line Items]
Estimated Useful Life	7 years

Balance Sheet Components - Acco

Balance Sheet Components - Accounts Receivable, Net (Detail) - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018
Accounts Receivable Net Current [Abstract]
Accounts receivable	$ 85,926	$ 70,317
Less: Allowance for doubtful accounts	(10,298)	(1,825)
Total	$ 75,628	$ 68,492

Balance Sheet Components - Sche

Balance Sheet Components - Schedule of Prepaid Expenses and Other Assets Current (Detail) - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018
Prepaid Expense And Other Assets Current [Abstract]
Prepaid expenses	$ 3,504	$ 3,030
Income tax receivable	1,043	909
Other assets	681	493
Total	$ 5,228	$ 4,432

Balance Sheet Components - Addi

Balance Sheet Components - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Balance Sheet Components [Line Items]
Depreciation expense	$ 1.1	$ 1.5	$ 2.3
Amortization expense related to internal software development costs	2.3	2.8	2.9
Partnership Agreement [Member]
Balance Sheet Components [Line Items]
Partnership agreement				10 years
Upfront cash payment				$ 10
Prepaid expenses and other assets	1	1
Other assets, noncurrent	5.3	6.3
Amortization expense	$ 1	$ 1	$ 1

Balance Sheet Components - Prop

Balance Sheet Components - Property and Equipment, Net (Detail) - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018
Property, Plant and Equipment [Line Items]
Total property plant and equipment, gross	$ 65,868	$ 62,430
Less: Accumulated depreciation and amortization	(60,458)	(58,219)
Total property plant and equipment, net	5,410	4,211
Computer equipment [Member]
Property, Plant and Equipment [Line Items]
Total property plant and equipment, gross	12,328	12,266
Software [Member]
Property, Plant and Equipment [Line Items]
Total property plant and equipment, gross	11,605	11,513
Furniture and fixtures [Member]
Property, Plant and Equipment [Line Items]
Total property plant and equipment, gross	3,156	3,060
Leasehold improvements [Member]
Property, Plant and Equipment [Line Items]
Total property plant and equipment, gross	2,838	1,937
Internal software development costs [Member]
Property, Plant and Equipment [Line Items]
Total property plant and equipment, gross	$ 35,941	$ 33,654

Balance Sheet Components - Accr

Balance Sheet Components - Accrued Liabilities (Detail) - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018
Payables And Accruals [Abstract]
Accrued media costs	$ 30,429	$ 25,612
Accrued professional service and other business expenses	4,916	3,867
Accrued compensation and related expenses	1,533	5,332
Total	$ 36,878	$ 34,811

Intangible Assets, Net and Go_3

Intangible Assets, Net and Goodwill - Intangible Assets (Detail) - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 204,210	$ 172,068
Accumulated Amortization	(169,092)	(163,495)
Net Carrying Amount	35,118	8,573
Customer/publisher/advertiser relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	70,300	41,101
Accumulated Amortization	(40,663)	(37,286)
Net Carrying Amount	29,637	3,815
Content [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	60,964	60,969
Accumulated Amortization	(60,940)	(60,930)
Net Carrying Amount	24	39
Website/trade/domain names [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	33,546	31,098
Accumulated Amortization	(30,218)	(29,369)
Net Carrying Amount	3,328	1,729
Acquired technology and others [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	39,400	38,900
Accumulated Amortization	(37,271)	(35,910)
Net Carrying Amount	$ 2,129	$ 2,990

Intangible Assets, Net and Go_4

Intangible Assets, Net and Goodwill - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Finite Lived Intangible Assets Net [Abstract]
Amortization of intangible assets	$ 5.6	$ 3.5	$ 6.2

Intangible Assets, Net and Go_5

Intangible Assets, Net and Goodwill - Amortization Expense (Detail) - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018
Finite Lived Intangible Assets Future Amortization Expense [Abstract]
2020	$ 7,727
2021	6,414
2022	5,297
2023	4,698
2024	3,855
Thereafter	7,127
Net Carrying Amount	$ 35,118	$ 8,573

Intangible Assets, Net and Go_6

Intangible Assets, Net and Goodwill - Changes in Carrying Amount of Goodwill (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill, Beginning	$ 62,283	$ 56,118
Additions	20,261	6,165
Goodwill, Ending	$ 82,544	$ 62,283

Income Taxes - Components of In

Income Taxes - Components of Income (Loss) Before Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Income Tax Disclosure [Abstract]
US	$ 10,316	$ 17,218	$ (12,286)
Foreign	403	(714)	(1,002)
Income (loss) before income taxes	$ 10,719	$ 16,504	$ (13,288)

Income Taxes - Components of th

Income Taxes - Components of the (Benefit from) Provision for Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Current
Federal	$ 0	$ (2)	$ (16)
State	193	479	(1,270)
Foreign	255	210	191
Total current (benefit from) provision for income taxes	448	687	(1,095)
Deferred
Federal	(45,201)	(113)	15
State	(7,008)	0	0
Foreign	0	0	0
Total deferred (benefit from) provision for income taxes	(52,209)	(113)	15
Total (benefit from) provision for income taxes	$ (51,761)	$ 574	$ (1,080)

Income Taxes - Reconciliation B

Income Taxes - Reconciliation Between Statutory Federal Income Tax and Company's Effective Tax Rates as Percentage of Income (Loss) Before Income Taxes (Detail)	Dec. 31, 2017	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Federal tax rate	35.00%	21.00%	27.60%	34.00%
States taxes, net of federal benefit		(69.30%)	(1.40%)	14.50%
Foreign rate differential		0.30%	0.30%	(0.30%)
Stock-based compensation expense		(48.90%)	(20.80%)	(23.90%)
Change in valuation allowance		(397.80%)	(151.30%)	(18.70%)
Research and development credits		(8.50%)	(4.80%)	2.50%
Federal tax rate change impact		0.00%	146.30%	0.00%
Disqualified compensation expense		16.50%	5.70%	0.00%
Uncertain tax position		2.80%	1.40%	(0.80%)
Other		1.00%	0.50%	0.80%
Effective income tax rate		(482.90%)	3.50%	8.10%

Income Taxes - Components of Lo

Income Taxes - Components of Long-Term Deferred Tax Assets and Liabilities, Net (Detail) - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018
Noncurrent:
Reserves and accruals	$ 3,695	$ 2,072
Stock-based compensation expense	3,319	2,590
Intangible assets	18,085	22,716
Net operating loss	27,818	22,791
Fixed assets	47	188
Tax credits	7,474	6,320
Other	57	580
Total noncurrent deferred tax assets	60,495	57,257
Valuation allowance - long-term	(8,346)	(57,197)
Noncurrent deferred tax assets, net	$ 52,149	$ 60

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2017	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Income Tax Contingency [Line Items]
Operating loss carry-forwards		$ 27,818	$ 22,791
U.S. federal corporate tax rate	35.00%	21.00%	27.60%	34.00%
Interest and penalties related to the unrecognized tax benefits		$ 1,200
Unrecognized tax benefits that if recognized would affect the effective tax rate		2,100
Federal [Member]
Income Tax Contingency [Line Items]
Operating loss carry-forwards		102,000	$ 82,400
Operating loss carry-forwards indefinite		$ 32,200
Operating loss carry-forwards, expire date		Jun. 30, 2035
Research and development carry-forwards		$ 4,000
Tax credit carry-forwards, expire date		Jun. 30, 2034
Federal [Member] | Earliest Tax Year [Member]
Income Tax Contingency [Line Items]
Open tax year		2014
Federal [Member] | Latest Tax Year [Member]
Income Tax Contingency [Line Items]
Open tax year		2018
State [Member]
Income Tax Contingency [Line Items]
Operating loss carry-forwards		$ 64,000	$ 47,100
Operating loss carry-forwards, expire date		Jun. 30, 2034
State [Member] | Earliest Tax Year [Member]
Income Tax Contingency [Line Items]
Open tax year		2013
State [Member] | Latest Tax Year [Member]
Income Tax Contingency [Line Items]
Open tax year		2018
International [Member] | Earliest Tax Year [Member]
Income Tax Contingency [Line Items]
Open tax year		2015
International [Member] | Latest Tax Year [Member]
Income Tax Contingency [Line Items]
Open tax year		2018
Brazil [Member] | International [Member]
Income Tax Contingency [Line Items]
Operating loss carry-forwards		$ 2,500
India [Member] | International [Member]
Income Tax Contingency [Line Items]
Operating loss carry-forwards		$ 5,600
Operating loss carry-forwards, expire date		Jun. 30, 2021
California [Member] | State [Member]
Income Tax Contingency [Line Items]
Research and development carry-forwards		$ 7,300

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Beginning and Ending Amounts of Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Unrecognized Tax Benefits, Beginning Balance	$ 3,256	$ 2,838	$ 3,175
Gross increases - current period tax positions	467	429	295
Gross increases - prior period tax positions	10	70	51
Gross decreases - prior period tax positions		0	(429)
Reductions as a result of lapsed statute of limitations	(6)	(81)	(254)
Unrecognized Tax Benefits, Ending Balance	$ 3,727	$ 3,256	$ 2,838

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail)	1 Months Ended	12 Months Ended
	Apr. 30, 2018USD ($)Lease	Jun. 30, 2019USD ($)	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)
Commitments And Contingencies Disclosure [Abstract]
Rent expense for office space		$ 3,900,000	$ 3,400,000	$ 3,400,000
Existence of option to extend lease term	true	true
First year of extended lease term, monthly base rent for remaining four months	$ 200,000
Second year of extended lease term, monthly base rent for fifth month	200,000
Second year of extended lease term, monthly base rent for remaining seven months	$ 300,000
Percent of rent base increase	3.00%
Number of times lease term can be extended | Lease	1
Period of extended lease term	5 years
Estimated fair value of indemnification agreements		$ 0	0
Estimated fair value of indemnity provisions		0	$ 0
Letter of credit agreement with a financial institution that is used as collateral for fidelity bonds placed with an insurance company		400,000
Letter of credit agreement with a financial institution that is used as collateral for the Company's corporate headquarters' operating lease		$ 500,000
Letters of credit automatically renew annually without amendment on the annual expiration date		30 days

Commitments and Contingencies_2

Commitments and Contingencies - Future Annual Minimum Lease Payments under Noncancelable Operating Leases (Detail) $ in Thousands	Jun. 30, 2019USD ($)
Commitments And Contingencies Disclosure [Abstract]
2020	$ 3,529
2021	4,263
2022	4,234
2023	3,801
2024	1,312
Thereafter	176
Total	$ 17,315

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	12 Months Ended
	Nov. 30, 2016	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017	Oct. 31, 2017	Jul. 31, 2017
Equity Class Of Treasury Stock [Line Items]
Stock repurchase program, value of shares repurchased			$ 647	$ 2,487
Retirement of treasury stock, Shares		0	93,341
Treasury stock retired, carrying value		$ 0	$ 647	$ 2,487
Maximum [Member]
Equity Class Of Treasury Stock [Line Items]
Stock repurchase program, number of outstanding shares authorized to repurchase					966,000	905,000
November 2016 Stock Repurchase Program [Member]
Equity Class Of Treasury Stock [Line Items]
Stock repurchase program, number of outstanding shares authorized to repurchase	750,000
Stock repurchase program, number of shares repurchased and retired			30,977
Stock repurchase program, weighted average price			$ 3.99
Broker commission, per share			$ 0.03
Stock repurchase program, value of shares repurchased			$ 100
Stock repurchase program, completion date	2017-07
July 2017 Stock Repurchase Program [Member]
Equity Class Of Treasury Stock [Line Items]
Stock repurchase program, number of shares repurchased and retired			62,364
Stock repurchase program, weighted average price			$ 8.36
Broker commission, per share			$ 0.03
Stock repurchase program, value of shares repurchased			$ 500
Stock repurchase program, number of shares repurchased		0
Stock repurchase program, remaining available for repurchase		903,636

Stock Benefit Plans - Additiona

Stock Benefit Plans - Additional Information (Detail) - USD ($)	1 Months Ended	12 Months Ended
	Nov. 30, 2009	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense		$ 14,128,000	$ 10,182,000	$ 8,898,000
Tax benefits realized		5,200,000	$ 0	$ 0
Total unrecognized compensation expense related to stock options		$ 1,800,000
Unvested stock options weighted average period (in years)		1 year 9 months 18 days
2010 Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
General contractual term for stock options granted to employees		7 years
Common stock reserved for issuance		20,599,689
Percentage of common stock reserved for issuance to be increased		5.00%
Maximum number of shares that may be issued		30,000,000
Shares available for issuance		14,690,557
Directors' Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock reserved for issuance		4,333,939
Shares available for issuance		2,274,098
Number of common stock shares increased in reserve for annual basis		200,000
Stock options [Member] | 2010 Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		4 years
Stock options vesting percentage one year from the date of grant		25.00%
Remaining stock option vesting percentage over the three years period thereafter		75.00%
Stock options [Member] | Directors' Plan [Member] | Annual Grant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	1 year	1 year
Stock options [Member] | Directors' Plan [Member] | Initial Grant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	4 years
Restricted stock units [Member] | 2010 Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		4 years
RSUs vesting percentage one year from the date of grant		25.00%
Remaining RSUs vesting quarterly thereafter percentage		6.25%
Restricted stock units [Member] | Directors' Plan [Member] | Annual Grant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	1 year				1 year
Restricted stock units [Member] | Directors' Plan [Member] | Initial Grant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	4 years				4 years
Market-based RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of grants		0	68,840
Total unrecognized compensation expense		$ 200,000
Service-based RSU [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of grants		1,042,354	1,622,672
Total unrecognized compensation expense		$ 12,100,000
Performance-based RSU [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of grants		742,547
Total unrecognized compensation expense		$ 4,900,000

Stock Benefit Plans - Schedule

Stock Benefit Plans - Schedule of Weighted Average Assumptions (Detail) - $ / shares	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Stock options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (in years)	4 years 4 months 24 days	4 years 7 months 6 days	4 years 6 months
Expected volatility	56.00%	48.00%	45.00%
Expected dividend yield	0.00%	0.00%	0.00%
Risk-free interest rate	2.50%	1.90%	1.30%
Grant date fair value	$ 6.86	$ 2.09	$ 1.41
Market-based RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (in years)		4 years	4 years
Expected volatility		50.00%	45.00%
Expected dividend yield		0.00%	0.00%
Risk-free interest rate		2.40%	1.10%
Grant date fair value	$ 0	$ 7.66	$ 3.01

Stock Benefit Plans -Schedule o

Stock Benefit Plans -Schedule of Stock Option Award Activity (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Beginning balance, Shares	3,513,963	4,221,579
Granted, Shares	81,029	802,080
Exercised, Shares	(1,147,124)	(1,465,265)
Forfeited, Shares	(28,349)	(6,700)
Expired, Shares	(7,797)	(37,731)
Ending balance, Shares	2,411,722	3,513,963	4,221,579
Vested and expected-to-vest at June 30, 2019, Shares	2,347,050
Vested and exercisable at June 30, 2019, Shares	1,449,768
Beginning balance, Weighted Average Exercise Price	$ 5.65	$ 6.50
Granted, Weighted Average Exercise Price	14.52	4.98
Exercised, Weighted Average Exercise Price	6.71	7.59
Forfeited, Weighted Average Exercise Price	4.64	4.01
Expired, Weighted Average Exercise Price	11.17	11.73
Ending balance, Weighted Average Exercise Price	5.44	$ 5.65	$ 6.50
Vested and expected-to-vest at June 30, 2019, Weighted Average Exercise Price	5.43
Vested and exercisable at June 30, 2019, Weighted Average Exercise Price	$ 5.72
Weighted Average Remaining Contractual Life (In years)	3 years 7 months 20 days	4 years 2 months 4 days	4 years 2 months 1 day
Vested and expected-to-vest at June 30, 2019, Weighted Average Remaining Contractual Life (In years)	3 years 7 months 6 days
Vested and exercisable at June 30, 2019, Weighted Average Remaining Contractual Life (In years)	2 years 10 months 24 days
Aggregate Intrinsic Value	$ 25,123	$ 24,989	$ 996
Vested and expected-to-vest at June 30, 2019, Aggregate Intrinsic Value	24,479
Vested and exercisable at June 30, 2019, Aggregate Intrinsic Value	$ 14,690

Stock Benefit Plans - Schedul_2

Stock Benefit Plans - Schedule of Share Based Compensation Options Outstanding and Exercisable By Price Range (Detail) - $ / shares	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number of Shares	2,411,722	3,513,963	4,221,579
Options Outstanding, Weighted Average Remaining Contractual Term	3 years 7 months 20 days	4 years 2 months 4 days	4 years 2 months 1 day
Options Outstanding, Weighted Average Exercise Price	$ 5.44	$ 5.65	$ 6.50
$3.40 - $3.40 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Weighted Average Exercise Price, Lower	3.40
Weighted Average Exercise Price, Upper	$ 3.40
Options Outstanding, Number of Shares	50,000
Options Outstanding, Weighted Average Remaining Contractual Term	4 years 7 months 2 days
Options Outstanding, Weighted Average Exercise Price	$ 3.40
Options Exercisable, Number of Shares	29,166
Options Exercisable, Weighted Average Exercise Price	$ 3.40
$3.59 - $3.59 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Weighted Average Exercise Price, Lower	3.59
Weighted Average Exercise Price, Upper	$ 3.59
Options Outstanding, Number of Shares	360,417
Options Outstanding, Weighted Average Remaining Contractual Term	4 years 5 months 1 day
Options Outstanding, Weighted Average Exercise Price	$ 3.59
Options Exercisable, Number of Shares	219,271
Options Exercisable, Weighted Average Exercise Price	$ 3.59
$3.63 - $3.63 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Weighted Average Exercise Price, Lower	3.63
Weighted Average Exercise Price, Upper	$ 3.63
Options Outstanding, Number of Shares	580,941
Options Outstanding, Weighted Average Remaining Contractual Term	4 years
Options Outstanding, Weighted Average Exercise Price	$ 3.63
Options Exercisable, Number of Shares	277,649
Options Exercisable, Weighted Average Exercise Price	$ 3.63
$3.91 - $3.91 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Weighted Average Exercise Price, Lower	3.91
Weighted Average Exercise Price, Upper	$ 3.91
Options Outstanding, Number of Shares	75,000
Options Outstanding, Weighted Average Remaining Contractual Term	2 years 4 months 2 days
Options Outstanding, Weighted Average Exercise Price	$ 3.91
Options Exercisable, Number of Shares	75,000
Options Exercisable, Weighted Average Exercise Price	$ 3.91
$4.01 - $4.01 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Weighted Average Exercise Price, Lower	4.01
Weighted Average Exercise Price, Upper	$ 4.01
Options Outstanding, Number of Shares	447,269
Options Outstanding, Weighted Average Remaining Contractual Term	4 years 11 months 26 days
Options Outstanding, Weighted Average Exercise Price	$ 4.01
Options Exercisable, Number of Shares	131,087
Options Exercisable, Weighted Average Exercise Price	$ 4.01
$4.31- $5.79 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Weighted Average Exercise Price, Lower	4.31
Weighted Average Exercise Price, Upper	$ 5.79
Options Outstanding, Number of Shares	244,816
Options Outstanding, Weighted Average Remaining Contractual Term	2 years 1 month 6 days
Options Outstanding, Weighted Average Exercise Price	$ 4.88
Options Exercisable, Number of Shares	221,899
Options Exercisable, Weighted Average Exercise Price	$ 4.93
$5.80 - $7.20 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Weighted Average Exercise Price, Lower	5.80
Weighted Average Exercise Price, Upper	$ 7.20
Options Outstanding, Number of Shares	259,573
Options Outstanding, Weighted Average Remaining Contractual Term	1 year 10 months 2 days
Options Outstanding, Weighted Average Exercise Price	$ 6.42
Options Exercisable, Number of Shares	240,410
Options Exercisable, Weighted Average Exercise Price	$ 6.36
$8.26 - $13.77 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Weighted Average Exercise Price, Lower	8.26
Weighted Average Exercise Price, Upper	$ 13.77
Options Outstanding, Number of Shares	286,203
Options Outstanding, Weighted Average Remaining Contractual Term	3 years 5 months 8 days
Options Outstanding, Weighted Average Exercise Price	$ 10.20
Options Exercisable, Number of Shares	164,518
Options Exercisable, Weighted Average Exercise Price	$ 9.39
$14.06 - $15.72 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Weighted Average Exercise Price, Lower	14.06
Weighted Average Exercise Price, Upper	$ 15.72
Options Outstanding, Number of Shares	98,268
Options Outstanding, Weighted Average Remaining Contractual Term	1 year 9 months 25 days
Options Outstanding, Weighted Average Exercise Price	$ 15.42
Options Exercisable, Number of Shares	90,768
Options Exercisable, Weighted Average Exercise Price	$ 15.51
$18.35 - $18.35 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Weighted Average Exercise Price, Lower	18.35
Weighted Average Exercise Price, Upper	$ 18.35
Options Outstanding, Number of Shares	9,235
Options Outstanding, Weighted Average Remaining Contractual Term	6 years 3 months 7 days
Options Outstanding, Weighted Average Exercise Price	$ 18.35
Options Exercisable, Number of Shares	0
Options Exercisable, Weighted Average Exercise Price	$ 0
$3.40 - $18.35 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Weighted Average Exercise Price, Lower	3.40
Weighted Average Exercise Price, Upper	$ 18.35
Options Outstanding, Number of Shares	2,411,722
Options Outstanding, Weighted Average Remaining Contractual Term	3 years 7 months 20 days
Options Outstanding, Weighted Average Exercise Price	$ 5.44
Options Exercisable, Number of Shares	1,449,768
Options Exercisable, Weighted Average Exercise Price	$ 5.72

Stock Benefit Plans - Schedul_3

Stock Benefit Plans - Schedule of Total Intrinsic Value, Cash Received and Actual Tax Benefit of All Options Exercised (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Intrinsic value	$ 9,749	$ 6,440	$ 0
Cash received	7,702	11,115	0
Tax benefit	$ 1,399	$ 0	$ 0

Stock Benefit Plans - Schedul_4

Stock Benefit Plans - Schedule of RSU Activity (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Service-based RSU [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning balance, Shares	2,667,527	2,549,663
Granted, Shares	1,042,354	1,622,672
Vested, Shares	(1,638,840)	(1,408,386)
Forfeited, Shares	(69,035)	(96,422)
Ending balance, Shares	2,002,006	2,667,527	2,549,663
Beginning balance, Weighted Average Grant Date Fair Value	$ 4.33	$ 4.12
Granted, Weighted Average Grant Date Fair Value	13.96	4.63
Vested, Weighted Average Grant Date Fair Value	4.35	4.33
Forfeited, Weighted Average Grant Date Fair Value	8.68	4.57
Ending balance, Weighted Average Grant Date Fair Value	$ 9.06	$ 4.33	$ 4.12
Weighted Average Remaining Contractual Life (In years)	1 year 1 month 6 days	10 months 9 days	1 year 1 month 9 days
Aggregate Intrinsic Value, Outstanding	$ 31,732	$ 33,878	$ 10,632
Market-based RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning balance, Shares	498,268	1,093,289
Granted, Shares	0	68,840
Vested, Shares	(273,941)	(617,435)
Forfeited, Shares	(28,229)	(46,426)
Ending balance, Shares	196,098	498,268	1,093,289
Beginning balance, Weighted Average Grant Date Fair Value	$ 4.89	$ 4.57
Granted, Weighted Average Grant Date Fair Value	0	7.66	$ 3.01
Vested, Weighted Average Grant Date Fair Value	4.86	4.75
Forfeited, Weighted Average Grant Date Fair Value	4.61	3.84
Ending balance, Weighted Average Grant Date Fair Value	$ 5	$ 4.89	$ 4.57
Weighted Average Remaining Contractual Life (In years)	8 months 4 days	11 months 15 days	1 year 2 months 19 days
Aggregate Intrinsic Value, Outstanding	$ 3,108	$ 6,328	$ 4,559
Performance-based RSU [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning balance, Shares	0
Granted, Shares	742,547
Vested, Shares	0
Forfeited, Shares	(25,935)
Ending balance, Shares	716,612	0
Beginning balance, Weighted Average Grant Date Fair Value	$ 0
Granted, Weighted Average Grant Date Fair Value	15.85
Vested, Weighted Average Grant Date Fair Value	0
Forfeited, Weighted Average Grant Date Fair Value	15.85
Ending balance, Weighted Average Grant Date Fair Value	$ 15.85	$ 0
Weighted Average Remaining Contractual Life (In years)	1 year 4 months 9 days	0 years
Aggregate Intrinsic Value, Outstanding	$ 11,358

Segment Information - Additiona

Segment Information - Additional Information (Detail)	12 Months Ended
	Jun. 30, 2019Segment
Segment Reporting [Abstract]
Number of reportable segments	1

Segment Information - Net Reven

Segment Information - Net Revenue and Long-Lived Assets by Geographic Area (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Net revenue:
Total net revenue	$ 455,154	$ 404,358	$ 299,785
Property and equipment, net:
Total property and equipment, net	5,410	4,211
Other intangible assets, net:
Total other intangible assets, net	35,118	8,573
United States [Member]
Net revenue:
Total net revenue	445,957	395,880	292,370
Property and equipment, net:
Total property and equipment, net	5,149	3,875
Other intangible assets, net:
Total other intangible assets, net	35,044	8,441
International [Member]
Net revenue:
Total net revenue	9,197	8,478	$ 7,415
Property and equipment, net:
Total property and equipment, net	261	336
Other intangible assets, net:
Total other intangible assets, net	$ 74	$ 132

Restructuring Costs - Additiona

Restructuring Costs - Additional Information (Detail) - USD ($)		12 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Restructuring And Related Activities [Abstract]
Restructuring inception year and month		2016-11
Restructuring charges	[1]	$ 0	$ 0	$ 2,441,000
[1]	Cost of revenue and operating expenses include stock-based compensation expense as follows:  Cost of revenue $7,354 $3,982 $3,109 Product development 1,606 1,949 1,834 Sales and marketing 1,358 1,222 1,154 General and administrative 3,810 3,029 2,759 Restructuring charges — — 42

Restructuring Costs - Summary o

Restructuring Costs - Summary of Restructuring Charges (Detail) - USD ($)		12 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Restructuring And Related Activities [Abstract]
Employee severance and benefits				$ 2,399,000
Non-cash employee severance and benefits - stock-based compensation				42,000
Total restructuring charges	[1]	$ 0	$ 0	$ 2,441,000
[1]	Cost of revenue and operating expenses include stock-based compensation expense as follows:  Cost of revenue $7,354 $3,982 $3,109 Product development 1,606 1,949 1,834 Sales and marketing 1,358 1,222 1,154 General and administrative 3,810 3,029 2,759 Restructuring charges — — 42

Schedule II - Valuation and Q_2

Schedule II - Valuation and Qualifying Accounts (Detail) - USD ($) $ in Thousands		12 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Allowance for doubtful accounts [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at the beginning of the year		$ 1,825	$ 1,950	$ 2,285
Charged to expenses/against revenue	[1]		525	291
Write-offs net of recoveries			(650)	(626)
Balance at the end of the year			1,825	1,950
Allowance for doubtful accounts excluding sales returns [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at the beginning of the year	[2]	1,625
Charged to expenses/against revenue	[1],[2]	9,342
Write-offs net of recoveries	[2]	(669)
Balance at the end of the year	[2]	10,298	1,625
Deferred tax asset valuation allowance [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at the beginning of the year		57,197	81,964	79,868
Charged to expenses/against revenue	[1]	571	(24,767)	2,096
Write-offs net of recoveries		(49,422)	0	0
Balance at the end of the year		$ 8,346	$ 57,197	$ 81,964
[1]	Additions to the allowance for doubtful accounts and the valuation allowance are charged to expense. Additions to the allowance for sales returns are charged against revenue.
[2]	In fiscal year 2019, the Company adopted ASC 606 which requires allowance for sales returns to be classified as a liability. Accordingly, the balance as of July 1, 2018 excludes an allowance for sales returns of $0.2 million.

Schedule II - Valuation and Q_3

Schedule II - Valuation and Qualifying Accounts (Parenthetical) (Detail) $ in Millions	Jul. 01, 2018USD ($)
ASC 606 [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Allowance for sales returns	$ 0.2