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Document and Entity Information - shares	3 Months Ended
Document and Entity Information - shares	Sep. 30, 2012	Oct. 31, 2012
Entity Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2012
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q1
Trading Symbol	QNST
Entity Registrant Name	QUINSTREET, INC
Entity Central Index Key	0001117297
Current Fiscal Year End Date	--06-30
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		42,773,664

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2012	Jun. 30, 2012
Current assets
Cash and cash equivalents	$ 64,448	$ 68,531
Marketable securities	39,145	36,736
Accounts receivable, net	44,912	52,830
Deferred tax assets	7,662	7,665
Prepaid expenses and other assets	7,783	7,774
Total current assets	163,950	173,536
Property and equipment, net	8,430	8,755
Goodwill	242,955	243,049
Other intangible assets, net	65,645	72,444
Deferred tax assets, noncurrent	8,446	8,446
Other assets, noncurrent	878	930
Total assets	490,304	507,160
Current liabilities
Accounts payable	20,074	22,870
Accrued liabilities	22,324	29,462
Deferred revenue	2,243	2,553
Debt	13,623	15,429
Total current liabilities	58,264	70,314
Debt, noncurrent	89,180	92,167
Other liabilities, noncurrent	7,001	6,322
Total liabilities	154,445	168,803
Commitments and contingencies (See Note 8)
Stockholders' equity
Common stock: $0.001 par value; 100,000,000 shares authorized; 42,762,966 and 43,350,831 shares issued, and 42,762,966 and 43,222,031 shares outstanding at September 30, 2012 and June 30, 2012, respectively	43	43
Additional paid-in capital	217,299	220,552
Treasury stock, at cost (0 and 128,800 shares at September 30, 2012 and June 30, 2012)		(1,178)
Accumulated other comprehensive loss	(1,726)	(1,439)
Retained earnings	120,243	120,379
Total stockholders' equity	335,859	338,357
Total liabilities and stockholders' equity	$ 490,304	$ 507,160

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Sep. 30, 2012	Jun. 30, 2012
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	42,762,966	43,350,831
Common stock, shares outstanding	42,762,966	43,222,031
Treasury stock, at cost	0	128,800

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands

3 Months Ended

Sep. 30, 2012

Sep. 30, 2011

Net revenue

$ 78,626

$ 101,224

Cost of revenue

^[1]

65,190

75,748

Gross profit

13,436

25,476

Operating expenses:

Product development

^[1]

4,893

6,074

Sales and marketing

^[1]

3,691

4,034

General and administrative

^[1]

3,926

5,217

Operating income

926

10,151

Interest income

Interest expense

(1,012)

(1,083)

Other income (expense), net

(31)

(Loss) income before income taxes

(12)

9,075

Provision for taxes

(125)

(3,581)

Net (loss) income

$ (137)

$ 5,494

Net (loss) income per share:

Basic

$ 0.00

$ 0.12

Diluted

$ 0.00

$ 0.11

Weighted average shares used in computing net income per share:

Basic

42,812

47,505

Diluted

43,320

48,975

[1]	Cost of revenue and operating expenses include stock-based compensation expense as follows: Cost of revenue $ 923 $ 1,179 Product development 693 660 Sales and marketing 765 779 General and administrative 389 756

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Stock-based compensation	$ 2,770	$ 3,374
Cost of Revenue [Member]
Stock-based compensation	923	1,179
Product Development [Member]
Stock-based compensation	693	660
Sales and Marketing [Member]
Stock-based compensation	765	779
General and Administrative [Member]
Stock-based compensation	$ 389	$ 756

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Net (loss) income	$ (137)	$ 5,494
Other comprehensive income (loss)
Unrealized gain on investments	4	4
Foreign currency translation adjustment	253	25
Interest rate swap
Change in unrealized gains	(398)
Less: reclassification adjustment for gains included in net income	(146)
Net change	(544)
Other comprehensive (loss) income	(287)	29
Comprehensive (loss) income	$ (424)	$ 5,523

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Cash Flows from Operating Activities
Net (loss) income	$ (137)	$ 5,494
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	8,279	7,108
Provision for sales returns and doubtful accounts receivable	(316)	36
Stock-based compensation	2,770	3,374
Excess tax benefits from stock-based compensation	(24)	(35)
Other non-cash adjustments, net	75	243
Changes in assets and liabilities, net of effects of acquisitions:
Accounts receivable	8,323	(6,087)
Prepaid expenses and other assets	(9)	3,155
Other assets, noncurrent	57	29
Accounts payable	(2,754)	4,487
Accrued liabilities	(5,926)	(7,307)
Deferred revenue	(309)	(339)
Other liabilities, noncurrent	342	519
Net cash provided by operating activities	10,371	10,677
Cash Flows from Investing Activities
Capital expenditures	(291)	(753)
Business acquisitions, net of notes payable and cash acquired		(30,204)
Internal software development costs	(651)	(559)
Purchases of marketable securities	(14,862)	(9,610)
Proceeds from sales and maturities of marketable securities	12,145	5,433
Other investing activities	4	28
Net cash used in investing activities	(3,655)	(35,665)
Cash Flows from Financing Activities
Proceeds from exercise of common stock options	236	1,817
Principal payments on bank debt	(1,250)	(1,313)
Principal payments on acquisition-related notes payable	(3,568)	(1,213)
Excess tax benefits from stock-based compensation	24	35
Withholding taxes related to restricted stock net share settlement	(101)	(184)
Repurchases of common stock	(6,157)
Net cash used in financing activities	(10,816)	(858)
Effect of exchange rate changes on cash and cash equivalents	17	25
Net decrease in cash and cash equivalents	(4,083)	(25,821)
Cash and cash equivalents at beginning of period	68,531	132,290
Cash and cash equivalents at end of period	64,448	106,469
Supplemental Disclosure of Cash Flow Information
Cash paid for interest	703	1,048
Cash paid for taxes	182	113
Supplemental Disclosure of Noncash Investing and Financing Activities
Notes payable issued in connection with business acquisitions		$ 161
Retirement of treasury stock	$ 6,157

The Company

3 Months Ended

Sep. 30, 2012

The Company

1. The Company

QuinStreet, Inc. (the “Company”) is an online vertical marketing and media company. The Company was incorporated in California on April 16, 1999 and reincorporated in Delaware on December 31, 2009. The Company provides vertically oriented customer acquisition programs for its clients. The Company also provides hosted solutions for direct selling companies. The corporate headquarters are located in Foster City, California, with additional offices throughout the United States, Brazil and India.

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Reference 14: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Research Bulletin (ARB)
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Reference 15: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Summary of Significant Accounting Policies

3 Months Ended

Sep. 30, 2012

Summary of Significant Accounting Policies

2. Summary of Significant Accounting Policies

Basis of Presentation

Principles of Consolidation

The condensed consolidated financial statements include the accounts of the Company and its subsidiaries. Intercompany balances and transactions have been eliminated in consolidation.

Unaudited Interim Financial Information

The accompanying condensed consolidated financial statements and the notes to the condensed consolidated financial statements as of September 30, 2012 and for the three months ended September 30, 2012 and 2011 are unaudited. These unaudited interim condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. Accordingly, these interim condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto contained in the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2012, as filed with the SEC on August 23, 2012. The condensed consolidated balance sheet at June 30, 2012 included herein was derived from the audited financial statements as of that date, but does not include all disclosures, including notes required by GAAP.

The unaudited interim condensed consolidated financial statements have been prepared on the same basis as the audited consolidated financial statements and, in the opinion of management, include all adjustments (consisting only of normal recurring adjustments) necessary for the fair statement of the Company’s condensed consolidated balance sheet at September 30, 2012, its condensed consolidated statements of operations for the three months ended September 30, 2012 and 2011, and its condensed consolidated statements of cash flows for the three months ended September 30, 2012 and 2011. The results of operations for the three months ended September 30, 2012 are not necessarily indicative of the results to be expected for the fiscal year ending June 30, 2013, or any other future period.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenue and expenses during the reporting period. On an ongoing basis, management evaluates these estimates, judgments and assumptions, including those related to revenue recognition, stock-based compensation, goodwill, intangible assets, long-lived assets, contingencies, and income taxes. The Company bases these estimates on historical and anticipated results and trends and on various other assumptions that the Company believes are reasonable under the circumstances, including assumptions as to future events. These estimates form the basis for making judgments about the carrying values of assets and liabilities and recorded revenue and expenses that are not readily apparent from other sources. Actual results could differ from those estimates, and such differences could affect the results of operations reported in future periods.

Accounting Policies

The significant accounting policies are described in Note 2 to the consolidated financial statements included in the Annual Report on Form 10-K for the fiscal year ended June 30, 2012. There have been no significant changes in the accounting policies subsequent to June 30, 2012.

Concentrations of Credit Risk

No client accounted for 10% or more of total revenue for the three months ended September 30, 2012 or for the same period in fiscal year 2012. No client accounted for 10% or more of net accounts receivable as of September 30, 2012 or June 30, 2012.

Fair Value of Financial Instruments

The Company’s financial instruments consist principally of cash equivalents, marketable securities, accounts receivable, accounts payable, acquisition-related promissory notes, an interest rate swap and a term loan. The fair value of the Company’s cash equivalents is determined based on quoted prices in active markets for identical assets for its money market funds; and quoted prices for similar instruments in active markets for its U.S municipal securities and certificates of deposits that mature within 90 days. 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. The fair values of acquisition-related promissory notes approximate their recorded amounts as the interest rates on similar financing arrangements available to the Company at September 30, 2012 approximate the interest rates implied when these acquisition-related promissory notes were originally issued and recorded. The fair value of our interest rate swap is based upon valuation models as used by our counterparty. The Company believes that the fair value of the term loan approximates its recorded amount at September 30, 2012 as the interest rate on the term loan is variable and is based on market interest rates and after consideration of default and credit risk.

Recent Accounting Pronouncements

In September 2011, the FASB issued an update to the accounting standard for goodwill and intangibles. The revised standard allows entities to use a qualitative approach to test goodwill for impairment. It permits an entity to first perform a qualitative assessment to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying value. If it is concluded that this is the case, it is necessary to perform the currently prescribed two-step goodwill impairment test. Otherwise, the two-step goodwill impairment test is not required. The Company plans to adopt the new guidance by the fourth quarter of fiscal 2013, the period in which the Company performs its annual goodwill impairment test. The Company will conduct the test at an earlier date if indicators of possible impairment arise that would cause a triggering event. The Company does not believe that the adoption will have a material effect on the condensed consolidated financial statements.

In June 2011, the FASB issued guidance on the presentation of comprehensive income. The new guidance eliminates the current option to report other comprehensive income and its components in the statement of changes in stockholders’ equity. Instead, an entity will be required to present either a continuous statement of net income (loss) and other comprehensive income (loss) or in two separate but consecutive statements. The Company’s adoption of this portion of the new guidance in the first quarter of fiscal year 2013 require financial statement presentation changes only and did not have a material impact on its financial position, results of operations or cash flows. The new guidance also required entities to present reclassification adjustments out of accumulated other comprehensive income (loss) by component in both the statement in which net income (loss) is presented and the statement in which other comprehensive income is presented. However, in December 2011, the FASB issued guidance which indefinitely defers the guidance related to the presentation of reclassification adjustments.

Net (Loss) Income Attributable to Common Stockholders and Net (Loss) Income per Share

3 Months Ended

Sep. 30, 2012

Net (Loss) Income Attributable to Common Stockholders and Net (Loss) Income per Share

3. Net (Loss) Income Attributable to Common Stockholders and Net (Loss) Income per Share

Basic net (loss) income per share is computed by dividing net (loss) income by the weighted average number of shares of common stock outstanding during the period. Diluted net (loss) income 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 (loss) income per share:


	Three Months Ended
	September 30,
	2012			2011
	(In thousands, except per share data)
Numerator:
Basic and Diluted:
Net (loss) income	$	(137	)	$	5,494

Denominator:
Basic:
Weighted average shares of common stock used in computing basic net income per share		42,812			47,505

Diluted:
Weighted average shares of common stock used in computing basic net income per share		42,812			47,505
Weighted average effect of dilutive securities:
Stock options		506			1,433
Restricted stock units		2			37

Weighted average shares of common stock used in computing diluted net income per share		43,320			48,975

Net (loss) income per share:
Basic	$	(0.00	)	$	0.12

Diluted	$	(0.00	)	$	0.11

Securities excluded from weighted average shares used in computing diluted net income per share because the effect would have been anti-dilutive: ⁽¹⁾		7,299			4,461

⁽¹⁾	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 and Marketable Securities

3 Months Ended

Sep. 30, 2012

Fair Value Measurements and Marketable Securities

4. Fair Value Measurements and Marketable Securities

Fair value is defined as the price that would be received on sale of an asset or paid to transfer a liability (“exit price”) in an orderly transaction between market participants at the measurement date. The FASB has established a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3).

The three levels of the fair value hierarchy under the guidance for fair value measurement are described below:



		Level 1 —		Inputs are unadjusted quoted prices in active markets for identical assets or liabilities. Pricing inputs are based upon quoted prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date. The valuations are based on quoted prices of the underlying security that are readily and regularly available in an active market, and accordingly, a significant degree of judgment is not required. As of September 30, 2012, the Company used Level 1 assumptions for its money market funds.

		Level 2 —		Pricing inputs are based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market or can be corroborated by observable market data for substantially the full term of the assets or liabilities. As of September 30, 2012, the Company used Level 2 assumptions for its U.S. municipal securities, certificates of deposits, acquisition-related promissory notes, term loan, and interest rate swap.

		Level 3 —		Pricing inputs are generally unobservable for the assets or liabilities and include situations where there is little, if any, market activity for the investment. The inputs into the determination of fair value require management’s judgment or estimation of assumptions that market participants would use in pricing the assets or liabilities. The fair values are therefore determined using model-based techniques that include option pricing models, discounted cash flow models, and similar techniques. As of September 30, 2012, the Company did not have any Level 3 financial assets or liabilities.

The securities held by the Company as of September 30, 2012 and June 30, 2012 were categorized as follows in the fair value hierarchy (in thousands):


	Fair Value Measurements as of September 30, 2012 Using
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Total



Assets:
U.S. municipal securities	$	—	$	28,576	$	28,576
Certificates of deposit		—		14,516		14,516
Money market funds		20,788		—		20,788

	$	20,788	$	43,092	$	63,880

Liabilities:
Acquisition-related promissory notes	$	—	$	8,589	$	8,589
Term loan		—		94,214		94,214
Interest rate swap		—		1,536		1,536

	$	—	$	104,339	$	104,339


	Fair Value Measurements as of June 30, 2012 Using
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Total



Assets:
U.S. municipal securities	$	—	$	30,861	$	30,861
Certificates of deposit		—		11,470		11,470
Money market funds		21,458		—		21,458

	$	21,458	$	42,331	$	63,789

Liabilities:
Acquisition-related promissory notes	$	—	$	12,215	$	12,215
Term loan		—		95,381		95,381
Interest rate swap		—		1,138		1,138

	$	—	$	108,734	$	108,734

Marketable Securities

All liquid investments with maturities of three months or less at the date of purchase are classified as cash equivalents. Investments with maturities greater than three months at the date of purchase are classified as marketable securities. The Company’s marketable securities have been classified and accounted for as available-for-sale. Management determines the appropriate classification of its investments at the time of purchase and reevaluates the available-for-sale designation as of each balance sheet date. Available-for-sale securities are carried at fair value, with unrealized gains and losses, net of tax, reported as a component of stockholders’ equity.

The following table summarizes unrealized gains and losses related to available-for-sale securities held by the Company as of September 30, 2012 and June 30, 2012 (in thousands):


	As of September 30, 2012
	Gross Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value


U.S. municipal securities	$	28,564	$	12	$	—	$	28,576
Certificates of deposit		14,524		—		8		14,516
Money market funds		20,788		—		—		20,788

	$	63,876	$	12	$	8	$	63,880


	As of June 30, 2012
	Gross Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value


U.S. municipal securities	$	30,851	$	10	$	—	$	30,861
Certificates of deposit		11,480		—		10		11,470
Money market funds		21,458		—		—		21,458

	$	63,789	$	10	$	10	$	63,789

The Company did not realize any gains or losses from sales of its securities in the periods presented. As of September 30, 2012 and June 30, 2012, the Company did not hold securities that had maturity dates greater than one year.

Acquisitions

3 Months Ended

Sep. 30, 2012

Acquisitions

5. Acquisitions

Acquisitions in Fiscal Year 2013

The Company did not complete any acquisitions during the three months ended September 30, 2012.

Acquisitions in Fiscal Year 2012

In fiscal year 2012, the Company acquired certain assets of Ziff Davis Enterprise from Enterprise Media Group, Inc., a New York-based online media and marketing company in the business-to-business technology market, to broaden its registered user database and brand name in the business-to-business technology market. Additionally, the Company acquired 100% of the outstanding equity interests of ITBE, to broaden its registered user database and media access in the business-to-business technology market. The Company also acquired operations from eleven online publishing businesses. The Company also recorded $4.6 million in earn-out payments related to a prior period acquisition as addition to goodwill.

The total purchase prices recorded were as follows (in thousands):


	Ziff Davis		ITBE		Other		Total
Cash	$	17,270	$	23,961	$	14,620	$	55,851
Fair value of debt (net of imputed interest)		—		—		9,696	$	9,696

	$	17,270	$	23,961	$	24,316	$	65,547

The acquisitions were accounted for as purchase business combinations. The Company allocated the purchase price to tangible assets acquired, liabilities assumed and identifiable intangible assets acquired based on their estimated fair values. The excess of the purchase price over the aggregate fair value was recorded as goodwill. 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 intangible assets acquired as of the date of the acquisitions (in thousands):


	Ziff Davis			ITBE			Other		Total			Estimated Useful Life
	Ziff Davis			ITBE			Other		Total			Estimated Useful Life
Tangible assets acquired	$	—		$	3,597		$	—	$	3,597
Liabilities assumed		(255	)		(1,868	)		—		(2,123	)
Customer/publisher/advertiser relationships		4,120			3,230			435		7,785			3-5 years
Content		500			420			4,541		5,461			2-5 years
Website/trade/domain names		4,630			2,220			1,250		8,100			4-8 years
Registered user database		6,320			4,220			—		10,540			3 years
Acquired technology and other		—			—			560		560			4-5 years
Noncompete agreements		—			100			87		187			1-3.5 years
Goodwill		1,955			12,042			17,443		31,440			Indefinite

	$	17,270		$	23,961		$	24,316	$	65,547

Pro Forma Financial Information

The unaudited pro forma financial information in the table below summarizes the combined results of operations for the Company and other companies that were acquired since the beginning of fiscal year 2012. The pro forma financial information includes the business combination accounting effects resulting from these acquisitions, including amortization charges from acquired intangible assets and the related tax effects as though the acquisitions were effected as of the beginning of fiscal year 2012. The unaudited pro forma financial information as presented below is for informational purposes only and is not indicative of the results of operations that would have been achieved if the acquisitions had taken place at the beginning of fiscal year 2012.


	Three Months Ended
	September 30,
	(In thousands)
	2012		2011
Net revenue	$	78,626	$	105,358
Net income		613		4,679
Basic net income per share	$	0.01	$	0.10
Diluted net income per share	$	0.01	$	0.10

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1497-128463

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1490-128463

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1486-128463

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
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-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6927-128479

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
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-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472

Reference 8: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
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Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
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-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e7000-128479

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
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-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4922-128472

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
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-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4926-128472

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6996-128479

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1383-128463

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 88-16
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph F4
-Subparagraph e
-Appendix F

Reference 18: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141
-Paragraph 51, 52
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 67-73
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Intangible Assets, Net and Goodwill

3 Months Ended

Sep. 30, 2012

Intangible Assets, Net and Goodwill

6. Intangible Assets, Net and Goodwill

Intangible assets, net balances, excluding goodwill, consisted of the following:


	September 30, 2012							June 30, 2012
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount


Customer/publisher/advertiser relationships	$	37,055	$	(24,665	)	$	12,390	$	37,045	$	(23,017	)	$	14,028
Content		62,128		(36,722	)		25,406		62,076		(34,430	)		27,646
Website/trade/domain names		31,635		(14,021	)		17,614		31,615		(12,815	)		18,800
Acquired technology and others		31,477		(21,242	)		10,235		31,477		(19,507	)		11,970

	$	162,295	$	(96,650	)	$	65,645	$	162,213	$	(89,769	)	$	72,444

Amortization of intangible assets was $6.9 million and $5.8 million in the three months ended September 30, 2012 and 2011, respectively.

Future amortization expense for the Company’s acquisition-related intangible assets as of September 30, 2012 was as follows (in thousands):


Year Ending June 30,	Amortization
2013 (remaining nine months)	$	17,253
2014		18,977
2015		11,950
2016		8,411
2017		5,598
Thereafter		3,456

	$	65,645

The change in the carrying amount of goodwill for the Company’s Direct Marketing Services, or “DMS” and Direct Selling Services, or “DSS” segments, discussed in Note 11, for the three months ended September 30, 2012 was as follows (in thousands):


	DMS			DSS		Total
Balance at June 30, 2012	$	241,818		$	1,231	$	243,049
Additions		—			—		—
Other		(94	)		—		(94	)

Balance at September 30, 2012	$	241,724		$	1,231	$	242,955

In the three months ended September 30, 2012, there were no additions to goodwill as the Company did not complete any acquisitions during such period. Any change in goodwill amounts resulting from foreign currency translation are presented as “Other” in the above table.

Subsequent to September 30, 2012, the Company identified qualitative factors that could have affected the fair value of the DMS reporting unit, including changes in the competitive environment, current budgeted to actual performance; Company and peer market capitalization trends and macro-economic conditions. The Company considered the results of its current fair value calculation and the amount by which the fair value of the reporting unit exceeded its carrying value, as well as the extent to which the inputs and the control premium assumptions in the fair value calculation would need to deteriorate in order for the DMS reporting unit’s fair value to fall below carrying value. Based on the assessment of the foregoing factors, the Company concluded there to be no indication of goodwill impairment.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

Debt

3 Months Ended

Sep. 30, 2012

Debt

7. Debt

Promissory Notes

During the three months ended September 30, 2012, the Company did not issue any promissory notes for the acquisition of businesses because the Company completed no acquisitions.

During the three months ended September 30, 2011, the Company issued total promissory notes for the acquisition of businesses of $0.2 million, net of imputed interest amounts of $4,000. For these notes, interest was imputed such that the notes carry an interest rate commensurate with that available to the Company in the market for similar debt instruments. The Company recorded accretion of promissory notes of $0.1 million for the three months ended September 30, 2012. Certain of the promissory notes are secured by the assets acquired in respect to which the notes were issued.

Credit Facility

In November 2011, the Company replaced its existing credit facility with a new $300.0 million credit facility. The new facility consists of a $100.0 million five-year term loan, with annual principal amortization of 5%, 10%, 15%, 20% and 50%, and a $200.0 million five-year revolving credit line.

Borrowings under the credit facility are collateralized by substantially all of the Company’s assets. Interest is payable at specified margins above either the Eurodollar Margin or the Prime Rate. The interest rate varies dependent upon the ratio of funded debt to adjusted EBITDA and ranges from Eurodollar Margin + 1.625% to 2.375% or Prime + 1.00% for the revolving credit line and from Eurodollar Margin + 2.00% to 2.75% or Prime + 1.00% for the term loan. Adjusted EBITDA is defined as net income (loss) less provision for taxes, depreciation expense, amortization expense, stock-based compensation expense, interest and other income (expense), and acquisition costs for business combinations. The interest rate margins for the new facility are 0.50% less than the commensurate margins under the Company’s previous credit facility. The revolving credit line requires an annual facility fee of 0.375% of the revolving credit line capacity.

To reduce the Company’s exposure to rising interest rates under the term loan, in February 2012, the Company entered into an interest rate swap encompassing the principal balances scheduled to be outstanding as of January 1, 2014, and, thereafter, such principal amount totaling $85.0 million in January 2014 and amortizing to $35.0 million in November 2016. The interest rate swap effectively fixes the Eurodollar Margin at 0.97%.

The credit facility expires in November 2016. The credit facility agreement restricts the Company’s ability to raise additional debt financing and pay dividends, and also requires the Company to comply with other nonfinancial covenants. In addition, the Company is required to maintain financial ratios computed as follows:

1. A minimum fixed charge coverage ratio of 1.15:1, calculated as the ratio of: (i) trailing twelve months of adjusted EBITDA to (ii) the sum of capital expenditures, net cash interest expense, cash taxes, cash dividends and trailing twelve months payments of indebtedness. Payment of unsecured indebtedness is excluded to the degree that sufficient unused revolving credit line exists such that the relevant debt payment could be made from the credit facility.

2. A maximum funded debt to adjusted EBITDA ratio of 3:1, calculated as the ratio of: (i) the sum of all obligations owed to lending institutions, the face amount of any letters of credit, indebtedness owed in connection with acquisition-related notes and indebtedness owed in connection with capital lease obligations to (ii) trailing twelve months of adjusted EBITDA.

The Company was in compliance with the covenants of this new credit facility as of September 30, 2012 and June 30, 2012.

Upfront arrangement fees incurred in connection with the credit facility totaled $1.5 million and will be deferred and amortized over the remaining term of the arrangement. $96.3 million and $97.5 million were outstanding under the term loan at September 30, 2012 and June 30, 2012, respectively. There was no outstanding balance under the revolving credit line.

Interest Rate Swap

As discussed above, the Company entered into an interest rate swap to reduce its exposure to the financial impact of changing interest rates under its term debt. The Company does not speculate using derivative instruments. The Company entered into this derivative instrument arrangement solely for the purpose of risk management. The effective date of the swap is April 9, 2012 with a maturity date of November 4, 2016. At September 30, 2012, the Company had approximately $85.0 million of notional amount outstanding in the swap agreement that exchanges a variable interest rate base (Eurodollar margin) for a fixed interest rate of 0.97% over the term of the agreement. This interest rate swap is designated as a cash flow hedge of the interest rate risk attributable to forecasted variable interest payments. The effective portion of the fair value gains or losses on this swap are included as a component of accumulated other comprehensive income (loss) on the condensed consolidated balance sheet. Any hedge ineffectiveness will be immediately recognized in earnings in the current period. At September 30, 2012, the fair value of the interest rate swap was $1.5 million and the effective and ineffective portion of the interest rate swap was $1.6 million and $0.1 million, respectively.

Debt Maturities

The maturities of debt as of September 30, 2012 were as follows (in thousands):


	Promissory			Credit
Year Ending June 30,	Notes			Facility
2013 (remaining nine months)	$	4,989		$	6,250
2014		3,364			12,500
2015		560			17,500
2016		50			20,000
2017		—			40,000

		8,963			96,250
Less: imputed interest and unamortized discounts		(374	)		(2,036	)
Less: current portion		(5,362	)		(8,261	)

Noncurrent portion of debt	$	3,227		$	85,953

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.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References + Details

Commitments and Contingencies

3 Months Ended

Sep. 30, 2012

Commitments and Contingencies

8. Commitments and Contingencies

Leases

The Company leases office space and equipment under non-cancelable operating leases with various expiration dates through 2018. Rent expense for the three months ended September 30, 2012 and 2011 was $0.8 million and $0.9 million, respectively. 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 September 30, 2012 were as follows (in thousands):


	Operating
Year Ending June 30,	Leases
2013 (remaining nine months)	$	2,461
2014		3,320
2015		3,186
2016		3,109
2017		2,748
2018 and thereafter		3,728

	$	18,552

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 paid 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 September 30, 2012 and June 30, 2012.

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 website 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 applicable, the Company generally limits its liabilities under such indemnities. With respect to its DSS products, the Company also generally reserves the right to resolve intellectual property infringements claims by providing a non-infringing alternative or by obtaining a license on reasonable terms, and failing that, by terminating its relationship with the client and thus terminating the infringing activity. Subject to these limitations, the term of such indemnity provisions is generally coterminous with the corresponding agreements but in some cases survives for a short period of time 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, and accordingly, the Company had no liabilities recorded for these agreements as of September 30, 2012 and June 30, 2012.

Litigation

In September 2010, Lending Tree, LLC (“Lending Tree”) filed a patent infringement lawsuit against the Company in the United States District Court for the Western District of North Carolina, seeking a judgment that the Company has infringed a patent held by LendingTree, an injunctive order against the alleged infringing activities and an award for damages. If an injunction were to be granted, it could force the Company to stop or alter certain of its business activities, such as its lead generation in certain client verticals. On April 12, 2012, the Court held a claim construction hearing and issued an order construing certain disputed terms of the patent-in-suit. On August 9, 2012, the Court held another claim construction hearing and, on October 3, 2012, issued an order construing certain additional disputed terms of the patent-in-suit. The Company believes that it has meritorious defenses against LendingTree’s claims. There can be no assurance, however, that the Company will prevail in this matter and any adverse ruling may have a significant impact on its business and operating results. In addition, regardless of the outcome of the matter, the Company may incur significant legal fees defending the action until it is resolved. Neither the outcome of the litigation nor the amount or potential range of exposure, if any, associated with the litigation or any settlement can be assessed at this time.

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6449706&loc=d3e16207-108621

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249

Reference 3: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14435-108349

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.25)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 440
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-URI http://asc.fasb.org/extlink&oid=6394976&loc=d3e25287-109308

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 14
-Paragraph 3
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 9, 10, 11, 12
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Stock Benefit Plans

3 Months Ended

Sep. 30, 2012

Stock Benefit Plans

9. Stock Benefit Plans

Stock Incentive Plans

The Company may grant incentive stock options (“ISOs”), nonstatutory stock options (“NQSOs”), restricted stock, restricted stock units, stock appreciation rights, performance-based stock awards and other forms of equity compensation, as well as performance cash awards under its 2010 Equity Incentive Plan (the “2010 Incentive Plan”), or NQSOs and restricted stock units to non-employee directors under the 2010 Non-Employee Directors’ Stock Award Plan (the “Directors’ Plan”). To date, the Company has issued only ISOs, NQSOs and restricted stock units under the plans.

As of September 30, 2012, 7,066,233 shares were reserved and 4,362,284 shares were available for issuance under the 2010 Incentive Plan, and 1,170,000 shares were reserved and 900,000 shares were available for issuance under the Directors’ Plan.

Stock-Based Compensation

The Company estimates the fair value of stock options at the date of grant using the Black-Scholes option-pricing model. Options are granted with an exercise price equal to the fair value of the common stock at the date of grant. The weighted average Black-Scholes model assumptions and the weighted average grant date fair value of employee stock options for the three months ended September 30, 2012 and 2011 were as follows:


	Three Months Ended
	September 30,
	2012			2011
Expected term (in years)		4.6			4.6
Expected volatility		55	%		55	%
Expected dividend yield		0.0	%		0.0	%
Risk-free interest rate		0.7	%		1.1	%
Grant date fair value	$	4.36		$	5.35

The fair value of restricted stock units is determined based on the closing price of the Company’s common stock on the grant date. Compensation expense is amortized net of estimated forfeitures on a straight-line basis over the requisite service period of the stock-based compensation awards.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 50
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
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Reference 5: http://www.xbrl.org/2003/role/presentationRef
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-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 14

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 64, 65, A240
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 93-6
-Paragraph 53
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Stockholders' Equity

3 Months Ended

Sep. 30, 2012

Stockholders' Equity

10. Stockholders’ Equity

Stock Repurchase Program

On November 3, 2011, the Board of Directors authorized a stock repurchase program allowing the Company to repurchase up to $50.0 million of outstanding shares of its common stock. As of September 30, 2012, the Company had repurchased an aggregate of 5,263,484 shares of its common stock at a weighted average price of $9.50 per share and had completed its repurchase program of $50.0 million. Repurchases under this program took place in the open market and were made under a Rule 10b5-1 plan. The amount authorized by the Company’s board of directors excludes broker commissions.

Retirement of Treasury Stock

For the quarter ended, September 30, 2012, the Company retired 638,365 shares of treasury stock. These retired shares are now included in the Company’s pool of authorized but unissued shares. The retired treasury stock was initially recorded using the cost method and had a carrying value of approximately $6.2 million at September 30, 2012. The Company’s accounting policy upon the retirement of treasury stock is to deduct its par value from common stock, reduce additional paid-in capital by the amount recorded in additional paid-in capital when the stock was originally issued and any remaining excess of cost as a deduction from retained earnings.

- Definition

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

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+ Details

Segment Information

3 Months Ended

Sep. 30, 2012

Segment Information

11. 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 is its chief executive officer. The Company’s chief executive officer reviews financial information presented on a consolidated basis, accompanied by information about operating segments, including net sales and operating income before depreciation, amortization and stock-based compensation expense.

The Company determined its operating segments to be Direct Marketing Services, or “DMS”, which derives revenue from fees earned through the delivery of qualified leads, clicks and, to a lesser extent, impressions, and Direct Selling Services, or “DSS”, which derives revenue from the sale of direct selling services through a hosted solution. The Company’s reportable operating segments consist of DMS and DSS. The accounting policies of the two reportable operating segments are the same as those described in Note 2.

The Company evaluates the performance of its operating segments based on operating income before depreciation, amortization and stock-based compensation expense.

The Company does not allocate most of its assets, nor its depreciation and amortization expense, stock-based compensation expense, interest income, interest expense or income tax expense by segment. Accordingly, the Company does not report such information.

Summarized information by segment was as follows (in thousands):


	Three Months Ended
	September 30,
	2012			2011
Net revenue by segment:
DMS	$	78,334		$	100,841
DSS		292			383

Total net revenue		78,626			101,224

Segment operating income before depreciation, amortization, and stock-based compensation expense:
DMS		11,824			20,378
DSS		151			255

Total segment operating income before depreciation, amortization, and stock-based compensation expense		11,975			20,633
Depreciation and amortization		(8,279	)		(7,108	)
Stock-based compensation expense		(2,770	)		(3,374	)

Total operating income	$	926		$	10,151


The following tables set forth net revenue and long-lived assets by geographic area (in thousands):

	Three Months Ended
	September 30,
	2012			2011
Net revenue:
United States	$	77,909		$	101,078
International		717			146

Total net revenue	$	78,626		$	101,224


	September 30,			June 30,
	2012			2012
Property and equipment, net:
United States	$	8,175		$	8,493
International		255			262

Total property and equipment, net:	$	8,430		$	8,755

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

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+ Details

Summary of Significant Accounting Policies (Policies)	3 Months Ended
Summary of Significant Accounting Policies (Policies)	Sep. 30, 2012
Principles of Consolidation	*Principles of Consolidation* The condensed consolidated financial statements include the accounts of the Company and its subsidiaries. Intercompany balances and transactions have been eliminated in consolidation.
Unaudited Interim Financial Information	*Unaudited Interim Financial Information* The accompanying condensed consolidated financial statements and the notes to the condensed consolidated financial statements as of September 30, 2012 and for the three months ended September 30, 2012 and 2011 are unaudited. These unaudited interim condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. Accordingly, these interim condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto contained in the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2012, as filed with the SEC on August 23, 2012. The condensed consolidated balance sheet at June 30, 2012 included herein was derived from the audited financial statements as of that date, but does not include all disclosures, including notes required by GAAP. The unaudited interim condensed consolidated financial statements have been prepared on the same basis as the audited consolidated financial statements and, in the opinion of management, include all adjustments (consisting only of normal recurring adjustments) necessary for the fair statement of the Company’s condensed consolidated balance sheet at September 30, 2012, its condensed consolidated statements of operations for the three months ended September 30, 2012 and 2011, and its condensed consolidated statements of cash flows for the three months ended September 30, 2012 and 2011. The results of operations for the three months ended September 30, 2012 are not necessarily indicative of the results to be expected for the fiscal year ending June 30, 2013, or any other future period.
Use of Estimates	*Use of Estimates* The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenue and expenses during the reporting period. On an ongoing basis, management evaluates these estimates, judgments and assumptions, including those related to revenue recognition, stock-based compensation, goodwill, intangible assets, long-lived assets, contingencies, and income taxes. The Company bases these estimates on historical and anticipated results and trends and on various other assumptions that the Company believes are reasonable under the circumstances, including assumptions as to future events. These estimates form the basis for making judgments about the carrying values of assets and liabilities and recorded revenue and expenses that are not readily apparent from other sources. Actual results could differ from those estimates, and such differences could affect the results of operations reported in future periods.
Accounting Policies	*Accounting Policies* The significant accounting policies are described in Note 2 to the consolidated financial statements included in the Annual Report on Form 10-K for the fiscal year ended June 30, 2012. There have been no significant changes in the accounting policies subsequent to June 30, 2012.
Concentrations of Credit Risk	*Concentrations of Credit Risk* No client accounted for 10% or more of total revenue for the three months ended September 30, 2012 or for the same period in fiscal year 2012. No client accounted for 10% or more of net accounts receivable as of September 30, 2012 or June 30, 2012.
Fair Value of Financial Instruments	*Fair Value of Financial Instruments* The Company’s financial instruments consist principally of cash equivalents, marketable securities, accounts receivable, accounts payable, acquisition-related promissory notes, an interest rate swap and a term loan. The fair value of the Company’s cash equivalents is determined based on quoted prices in active markets for identical assets for its money market funds; and quoted prices for similar instruments in active markets for its U.S municipal securities and certificates of deposits that mature within 90 days. 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. The fair values of acquisition-related promissory notes approximate their recorded amounts as the interest rates on similar financing arrangements available to the Company at September 30, 2012 approximate the interest rates implied when these acquisition-related promissory notes were originally issued and recorded. The fair value of our interest rate swap is based upon valuation models as used by our counterparty. The Company believes that the fair value of the term loan approximates its recorded amount at September 30, 2012 as the interest rate on the term loan is variable and is based on market interest rates and after consideration of default and credit risk.
Recent Accounting Pronouncements	*Recent Accounting Pronouncements* In September 2011, the FASB issued an update to the accounting standard for goodwill and intangibles. The revised standard allows entities to use a qualitative approach to test goodwill for impairment. It permits an entity to first perform a qualitative assessment to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying value. If it is concluded that this is the case, it is necessary to perform the currently prescribed two-step goodwill impairment test. Otherwise, the two-step goodwill impairment test is not required. The Company plans to adopt the new guidance by the fourth quarter of fiscal 2013, the period in which the Company performs its annual goodwill impairment test. The Company will conduct the test at an earlier date if indicators of possible impairment arise that would cause a triggering event. The Company does not believe that the adoption will have a material effect on the condensed consolidated financial statements. In June 2011, the FASB issued guidance on the presentation of comprehensive income. The new guidance eliminates the current option to report other comprehensive income and its components in the statement of changes in stockholders’ equity. Instead, an entity will be required to present either a continuous statement of net income (loss) and other comprehensive income (loss) or in two separate but consecutive statements. The Company’s adoption of this portion of the new guidance in the first quarter of fiscal year 2013 require financial statement presentation changes only and did not have a material impact on its financial position, results of operations or cash flows. The new guidance also required entities to present reclassification adjustments out of accumulated other comprehensive income (loss) by component in both the statement in which net income (loss) is presented and the statement in which other comprehensive income is presented. However, in December 2011, the FASB issued guidance which indefinitely defers the guidance related to the presentation of reclassification adjustments.

- Definition

Disclosure of accounting policy for credit risk.

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+ Details

- Definition

Disclosure of accounting policy regarding (1) the principles it follows in consolidating or combining the separate financial statements, including the principles followed in determining the inclusion or exclusion of subsidiaries or other entities in the consolidated or combined financial statements and (2) its treatment of interests (for example, common stock, a partnership interest or other means of exerting influence) in other entities, for example consolidation or use of the equity or cost methods of accounting. The accounting policy may also address the accounting treatment for intercompany accounts and transactions, noncontrolling interest, and the income statement treatment in consolidation for issuances of stock by a subsidiary.

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-Subparagraph (SX 210.3A-02)
-URI http://asc.fasb.org/extlink&oid=6959686&loc=d3e355033-122828

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 45
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=16385135&loc=d3e33801-111570

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=18733093&loc=d3e5614-111684

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 46R
-Paragraph 4
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 18
-Paragraph 5, 6, 16-19
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 96-16
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 46R
-Paragraph 4
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 18
-Paragraph 20
-Subparagraph a(2)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 2-6
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 97-2
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph k
-Article 1

Reference 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 140
-Paragraph 46
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 18: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02, 03
-Article 3A

Reference 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 46R
-Paragraph 14, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Net (Loss) Income Attributable to Common Stockholders and Net (Loss) Income per Share (Tables)

3 Months Ended

Sep. 30, 2012

Calculation of Basic and Diluted Net (Loss) Income Per Share

The following table presents the calculation of basic and diluted net (loss) income per share:


	Three Months Ended
	September 30,
	2012			2011
	(In thousands, except per share data)
Numerator:
Basic and Diluted:
Net (loss) income	$	(137	)	$	5,494

Denominator:
Basic:
Weighted average shares of common stock used in computing basic net income per share		42,812			47,505

Diluted:
Weighted average shares of common stock used in computing basic net income per share		42,812			47,505
Weighted average effect of dilutive securities:
Stock options		506			1,433
Restricted stock units		2			37

Weighted average shares of common stock used in computing diluted net income per share		43,320			48,975

Net (loss) income per share:
Basic	$	(0.00	)	$	0.12

Diluted	$	(0.00	)	$	0.11

Securities excluded from weighted average shares used in computing diluted net income per share because the effect would have been anti-dilutive: ⁽¹⁾		7,299			4,461

⁽¹⁾	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 and Marketable Securities (Tables)

3 Months Ended

Sep. 30, 2012

Schedule of Financial Instrument held by Company

The securities held by the Company as of September 30, 2012 and June 30, 2012 were categorized as follows in the fair value hierarchy (in thousands):


	Fair Value Measurements as of September 30, 2012 Using
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Total



Assets:
U.S. municipal securities	$	—	$	28,576	$	28,576
Certificates of deposit		—		14,516		14,516
Money market funds		20,788		—		20,788

	$	20,788	$	43,092	$	63,880

Liabilities:
Acquisition-related promissory notes	$	—	$	8,589	$	8,589
Term loan		—		94,214		94,214
Interest rate swap		—		1,536		1,536

	$	—	$	104,339	$	104,339


	Fair Value Measurements as of June 30, 2012 Using
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Total



Assets:
U.S. municipal securities	$	—	$	30,861	$	30,861
Certificates of deposit		—		11,470		11,470
Money market funds		21,458		—		21,458

	$	21,458	$	42,331	$	63,789

Liabilities:
Acquisition-related promissory notes	$	—	$	12,215	$	12,215
Term loan		—		95,381		95,381
Interest rate swap		—		1,138		1,138

	$	—	$	108,734	$	108,734

Schedule of Unrealized Gains and Losses Related to Available-For-Sale Securities

The following table summarizes unrealized gains and losses related to available-for-sale securities held by the Company as of September 30, 2012 and June 30, 2012 (in thousands):


	As of September 30, 2012
	Gross Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value


U.S. municipal securities	$	28,564	$	12	$	—	$	28,576
Certificates of deposit		14,524		—		8		14,516
Money market funds		20,788		—		—		20,788

	$	63,876	$	12	$	8	$	63,880


	As of June 30, 2012
	Gross Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value


U.S. municipal securities	$	30,851	$	10	$	—	$	30,861
Certificates of deposit		11,480		—		10		11,470
Money market funds		21,458		—		—		21,458

	$	63,789	$	10	$	10	$	63,789

- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 320
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62557-112803

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27337-111563

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27198-111563

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 320
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62586-112803

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27161-111563

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27357-111563

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27290-111563

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 19, 20, 21
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS115-1/124-1
-Paragraph 17
-Subparagraph a, b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 03-1
-Paragraph 21
-Subparagraph a, b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Acquisitions (Tables)

3 Months Ended

Sep. 30, 2012

Aggregate Purchase Price Recorded

The total purchase prices recorded were as follows (in thousands):


	Ziff Davis		ITBE		Other		Total
Cash	$	17,270	$	23,961	$	14,620	$	55,851
Fair value of debt (net of imputed interest)		—		—		9,696	$	9,696

	$	17,270	$	23,961	$	24,316	$	65,547

Allocation of Purchase Price and Estimated Useful Lives of Assets Acquired

The following table summarizes the allocation of the purchase price and the estimated useful lives of the identifiable intangible assets acquired as of the date of the acquisitions (in thousands):


	Ziff Davis			ITBE			Other		Total			Estimated Useful Life
	Ziff Davis			ITBE			Other		Total			Estimated Useful Life
Tangible assets acquired	$	—		$	3,597		$	—	$	3,597
Liabilities assumed		(255	)		(1,868	)		—		(2,123	)
Customer/publisher/advertiser relationships		4,120			3,230			435		7,785			3-5 years
Content		500			420			4,541		5,461			2-5 years
Website/trade/domain names		4,630			2,220			1,250		8,100			4-8 years
Registered user database		6,320			4,220			—		10,540			3 years
Acquired technology and other		—			—			560		560			4-5 years
Noncompete agreements		—			100			87		187			1-3.5 years
Goodwill		1,955			12,042			17,443		31,440			Indefinite

	$	17,270		$	23,961		$	24,316	$	65,547

Schedule of Pro Forma Financial Information

The unaudited pro forma financial information as presented below is for informational purposes only and is not indicative of the results of operations that would have been achieved if the acquisitions had taken place at the beginning of fiscal year 2012.


	Three Months Ended
	September 30,
	(In thousands)
	2012		2011
Net revenue	$	78,626	$	105,358
Net income		613		4,679
Basic net income per share	$	0.01	$	0.10
Diluted net income per share	$	0.01	$	0.10

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References + Details

- Definition

Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1486-128463

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1392-128463

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141
-Paragraph 51
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph F4
-Subparagraph e
-Appendix F

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141
-Paragraph 52
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 68
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Intangible Assets, Net and Goodwill (Tables)

3 Months Ended

Sep. 30, 2012

Intangible Assets

Intangible assets, net balances, excluding goodwill, consisted of the following:


	September 30, 2012							June 30, 2012
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount


Customer/publisher/advertiser relationships	$	37,055	$	(24,665	)	$	12,390	$	37,045	$	(23,017	)	$	14,028
Content		62,128		(36,722	)		25,406		62,076		(34,430	)		27,646
Website/trade/domain names		31,635		(14,021	)		17,614		31,615		(12,815	)		18,800
Acquired technology and others		31,477		(21,242	)		10,235		31,477		(19,507	)		11,970

	$	162,295	$	(96,650	)	$	65,645	$	162,213	$	(89,769	)	$	72,444

Amortization Expense

Future amortization expense for the Company’s acquisition-related intangible assets as of September 30, 2012 was as follows (in thousands):


Year Ending June 30,	Amortization
2013 (remaining nine months)	$	17,253
2014		18,977
2015		11,950
2016		8,411
2017		5,598
Thereafter		3,456

	$	65,645

Change in the Carrying Amount of Goodwill


	DMS			DSS		Total
Balance at June 30, 2012	$	241,818		$	1,231	$	243,049
Additions		—			—		—
Other		(94	)		—		(94	)

Balance at September 30, 2012	$	241,724		$	1,231	$	242,955

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References + Details

Debt (Tables)

3 Months Ended

Sep. 30, 2012

Maturities of Debt

The maturities of debt as of September 30, 2012 were as follows (in thousands):


	Promissory			Credit
Year Ending June 30,	Notes			Facility
2013 (remaining nine months)	$	4,989		$	6,250
2014		3,364			12,500
2015		560			17,500
2016		50			20,000
2017		—			40,000

		8,963			96,250
Less: imputed interest and unamortized discounts		(374	)		(2,036	)
Less: current portion		(5,362	)		(8,261	)

Noncurrent portion of debt	$	3,227		$	85,953

Commitments and Contingencies (Tables)

3 Months Ended

Sep. 30, 2012

Future Annual Minimum Lease Payments Under Noncancelable Operating Leases

Future annual minimum lease payments under noncancelable operating leases as of September 30, 2012 were as follows (in thousands):


	Operating
Year Ending June 30,	Leases
2013 (remaining nine months)	$	2,461
2014		3,320
2015		3,186
2016		3,109
2017		2,748
2018 and thereafter		3,728

	$	18,552

Stock Benefit Plans (Tables)

3 Months Ended

Sep. 30, 2012

Schedule of Weighted Average Black-Scholes Model Assumptions and Weighted Average Grant Date Fair Value of Employee Stock Options

The weighted average Black-Scholes model assumptions and the weighted average grant date fair value of employee stock options for the three months ended September 30, 2012 and 2011 were as follows:


	Three Months Ended
	September 30,
	2012			2011
Expected term (in years)		4.6			4.6
Expected volatility		55	%		55	%
Expected dividend yield		0.0	%		0.0	%
Risk-free interest rate		0.7	%		1.1	%
Grant date fair value	$	4.36		$	5.35

Segment Information (Tables)

3 Months Ended

Sep. 30, 2012

Summarized Information by Segment

Summarized information by segment was as follows (in thousands):


	Three Months Ended
	September 30,
	2012			2011
Net revenue by segment:
DMS	$	78,334		$	100,841
DSS		292			383

Total net revenue		78,626			101,224

Segment operating income before depreciation, amortization, and stock-based compensation expense:
DMS		11,824			20,378
DSS		151			255

Total segment operating income before depreciation, amortization, and stock-based compensation expense		11,975			20,633
Depreciation and amortization		(8,279	)		(7,108	)
Stock-based compensation expense		(2,770	)		(3,374	)

Total operating income	$	926		$	10,151

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):

	Three Months Ended
	September 30,
	2012		2011
Net revenue:
United States	$	77,909	$	101,078
International		717		146

Total net revenue	$	78,626	$	101,224


	September 30,		June 30,
	2012		2012
Property and equipment, net:
United States	$	8,175	$	8,493
International		255		262

Total property and equipment, net:	$	8,430	$	8,755

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References + Details

Summary of Significant Accounting Policies - Additional Information (Detail) - Clients	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Jun. 30, 2012	Sep. 30, 2011
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Number of clients accounted for 10% or more of total revenue	0		0
Percentage of revenue accounted by major clients	10.00%		10.00%
Percentage of net accounts receivable from major clients		10.00%	10.00%
Number of clients accounted for 10% or more of net accounts receivable		0	0
U.S municipal securities and certificates of deposits maturity period	90 days

Net (Loss) Income Attributable to Common Stockholders and Net (Loss) Income per Share - Calculation of Basic and Diluted Net Income Per Share (Detail) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands

3 Months Ended

Sep. 30, 2012

Sep. 30, 2011

Basic and Diluted:

Net (loss) income

$ (137)

$ 5,494

Basic:

Weighted average shares of common stock used in computing basic net income per share

42,812

47,505

Diluted:

Weighted average shares of common stock used in computing basic net income per share

42,812

47,505

Weighted average effect of dilutive securities:

Stock options

506

1,433

Restricted stock units

Weighted average shares of common stock used in computing diluted net income per share

43,320

48,975

Net (loss) income per share:

Basic

$ 0.00

$ 0.12

Diluted

$ 0.00

$ 0.11

Securities excluded from weighted average shares used in computing diluted net income per share because the effect would have been anti-dilutive:

^[1]

7,299

4,461

[1]	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 and Marketable Securities - Schedule of Financial Instrument held by Company (Detail) - USD ($) $ in Thousands	Sep. 30, 2012	Jun. 30, 2012
Assets:
Assets, Fair Value Measurements	$ 63,880	$ 63,789
Liabilities:
Liabilities, Fair Value Measurements	104,339	108,734
U.S. municipal securities [Member]
Assets:
Assets, Fair Value Measurements	28,576	30,861
Certificates of deposit [Member]
Assets:
Assets, Fair Value Measurements	14,516	11,470
Money market funds [Member]
Assets:
Assets, Fair Value Measurements	20,788	21,458
Acquisition-related promissory notes [Member]
Liabilities:
Liabilities, Fair Value Measurements	8,589	12,215
Term loan [Member]
Liabilities:
Liabilities, Fair Value Measurements	94,214	95,381
Interest rate swap [Member]
Liabilities:
Liabilities, Fair Value Measurements	1,536	1,138
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets:
Assets, Fair Value Measurements	20,788	21,458
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] \| Money market funds [Member]
Assets:
Assets, Fair Value Measurements	20,788	21,458
Significant Other Observable Inputs (Level 2) [Member]
Assets:
Assets, Fair Value Measurements	43,092	42,331
Liabilities:
Liabilities, Fair Value Measurements	104,339	108,734
Significant Other Observable Inputs (Level 2) [Member] \| U.S. municipal securities [Member]
Assets:
Assets, Fair Value Measurements	28,576	30,861
Significant Other Observable Inputs (Level 2) [Member] \| Certificates of deposit [Member]
Assets:
Assets, Fair Value Measurements	14,516	11,470
Significant Other Observable Inputs (Level 2) [Member] \| Acquisition-related promissory notes [Member]
Liabilities:
Liabilities, Fair Value Measurements	8,589	12,215
Significant Other Observable Inputs (Level 2) [Member] \| Term loan [Member]
Liabilities:
Liabilities, Fair Value Measurements	94,214	95,381
Significant Other Observable Inputs (Level 2) [Member] \| Interest rate swap [Member]
Liabilities:
Liabilities, Fair Value Measurements	$ 1,536	$ 1,138

Fair Value Measurements and Marketable Securities - Schedule of Unrealized Gains and Losses Related to Available-For-Sale Securities (Detail) - USD ($) $ in Thousands	Sep. 30, 2012	Jun. 30, 2012
Schedule of Available-for-sale Securities [Line Items]
Gross Amortized Cost	$ 63,876	$ 63,789
Gross Unrealized Gains	12	10
Gross Unrealized Losses	8	10
Estimated Fair Value	63,880	63,789
U.S. municipal securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Gross Amortized Cost	28,564	30,851
Gross Unrealized Gains	12	10
Estimated Fair Value	28,576	30,861
Certificates of deposit [Member]
Schedule of Available-for-sale Securities [Line Items]
Gross Amortized Cost	14,524	11,480
Gross Unrealized Losses	8	10
Estimated Fair Value	14,516	11,470
Money market funds [Member]
Schedule of Available-for-sale Securities [Line Items]
Gross Amortized Cost	20,788	21,458
Estimated Fair Value	$ 20,788	$ 21,458

- Definition

This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents Available-for-sale Securities which consist of all investments in certain debt and equity securities neither classified as trading or held-to-maturity securities. A debt security represents a creditor relationship with an enterprise. Debt securities include, among other items, US Treasury securities, US government securities, municipal securities, corporate bonds, convertible debt, commercial paper, and all securitized debt instruments. An equity security represents an ownership interest in an enterprise or the right to acquire or dispose of an ownership interest in an enterprise at fixed or determinable prices. Equity securities include, among other things, common stock, certain preferred stock, warrant rights, call options, and put options, but do not include convertible debt. An entity may opt to provide the reader with additional narrative text to better understand the nature of investments in debt and equity securities which are categorized as Available-for-sale.

+ References + Details

Acquisitions - Additional Information (Detail) $ in Millions	3 Months Ended
	Sep. 30, 2012 USD ($) Acquisition
Acquisitions [Line Items]
Percentage of outstanding shares acquired	100.00%
Number of online publishing businesses acquired \| Acquisition	11
Earn-out payments related to a prior period acquisition \| $	$ 4.6

Acquisitions - Aggregate Purchase Price Recorded (Detail) $ in Thousands	Sep. 30, 2012 USD ($)
Acquisitions [Line Items]
Cash	$ 55,851
Fair value of debt (net of imputed interest)	9,696
Total purchase price	65,547
Ziff Davis [Member]
Acquisitions [Line Items]
Cash	17,270
Total purchase price	17,270
ITBE [Member]
Acquisitions [Line Items]
Cash	23,961
Total purchase price	23,961
Other [Member]
Acquisitions [Line Items]
Cash	14,620
Fair value of debt (net of imputed interest)	9,696
Total purchase price	$ 24,316

- Definition

Fair Value of the liabilities incurred by the acquirer to former owners of the acquiree, including the fair value of any contingent consideration. If liabilities transferred as consideration remain within the combined entity after the business combination (for example, because the assets or liabilities were transferred to the acquiree rather than to its former owners), and the acquirer therefore retains control of them; in that situation, the acquirer measures those liabilities at their carrying amounts immediately before the acquisition date.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 30
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6911251&loc=d3e6613-128477

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 30
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6911251&loc=d3e6578-128477

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 25
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6911189&loc=d3e6405-128476

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 68
-Subparagraph f(3)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141
-Paragraph 51
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 39, 40, 41
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Acquisitions - Allocation of Purchase Price and Estimated Useful Lives of Assets Acquired (Detail) $ in Thousands	3 Months Ended
	Sep. 30, 2012 USD ($)
Business Acquisition [Line Items]
Tangible assets acquired	$ 3,597
Liabilities assumed	(2,123)
Goodwill	31,440
Total	65,547
Ziff Davis [Member]
Business Acquisition [Line Items]
Liabilities assumed	(255)
Goodwill	1,955
Total	17,270
ITBE [Member]
Business Acquisition [Line Items]
Tangible assets acquired	3,597
Liabilities assumed	(1,868)
Goodwill	12,042
Total	23,961
Other [Member]
Business Acquisition [Line Items]
Goodwill	17,443
Total	24,316
Customer/publisher/advertiser relationships [Member]
Business Acquisition [Line Items]
Acquired technology and other	7,785
Customer/publisher/advertiser relationships [Member] \| Ziff Davis [Member]
Business Acquisition [Line Items]
Acquired technology and other	4,120
Customer/publisher/advertiser relationships [Member] \| ITBE [Member]
Business Acquisition [Line Items]
Acquired technology and other	3,230
Customer/publisher/advertiser relationships [Member] \| Other [Member]
Business Acquisition [Line Items]
Acquired technology and other	435
Content [Member]
Business Acquisition [Line Items]
Acquired technology and other	5,461
Content [Member] \| Ziff Davis [Member]
Business Acquisition [Line Items]
Acquired technology and other	500
Content [Member] \| ITBE [Member]
Business Acquisition [Line Items]
Acquired technology and other	420
Content [Member] \| Other [Member]
Business Acquisition [Line Items]
Acquired technology and other	4,541
Website/trade/domain names [Member]
Business Acquisition [Line Items]
Acquired technology and other	8,100
Website/trade/domain names [Member] \| Ziff Davis [Member]
Business Acquisition [Line Items]
Acquired technology and other	4,630
Website/trade/domain names [Member] \| ITBE [Member]
Business Acquisition [Line Items]
Acquired technology and other	2,220
Website/trade/domain names [Member] \| Other [Member]
Business Acquisition [Line Items]
Acquired technology and other	1,250
Registered user database [Member]
Business Acquisition [Line Items]
Acquired technology and other	10,540
Registered user database [Member] \| Ziff Davis [Member]
Business Acquisition [Line Items]
Acquired technology and other	6,320
Registered user database [Member] \| ITBE [Member]
Business Acquisition [Line Items]
Acquired technology and other	4,220
Acquired technology and other [Member]
Business Acquisition [Line Items]
Acquired technology and other	560
Acquired technology and other [Member] \| Other [Member]
Business Acquisition [Line Items]
Acquired technology and other	560
Noncompete agreements [Member]
Business Acquisition [Line Items]
Acquired technology and other	187
Noncompete agreements [Member] \| ITBE [Member]
Business Acquisition [Line Items]
Acquired technology and other	100
Noncompete agreements [Member] \| Other [Member]
Business Acquisition [Line Items]
Acquired technology and other	$ 87
Minimum [Member]
Business Acquisition [Line Items]
Estimate useful life of goodwill	Indefinite
Minimum [Member] \| Customer/publisher/advertiser relationships [Member]
Business Acquisition [Line Items]
Estimated useful lives of the assets	3 years
Minimum [Member] \| Content [Member]
Business Acquisition [Line Items]
Estimated useful lives of the assets	2 years
Minimum [Member] \| Website/trade/domain names [Member]
Business Acquisition [Line Items]
Estimated useful lives of the assets	4 years
Minimum [Member] \| Registered user database [Member]
Business Acquisition [Line Items]
Estimated useful lives of the assets	3 years
Minimum [Member] \| Acquired technology and other [Member]
Business Acquisition [Line Items]
Estimated useful lives of the assets	4 years
Minimum [Member] \| Noncompete agreements [Member]
Business Acquisition [Line Items]
Estimated useful lives of the assets	1 year
Maximum [Member] \| Customer/publisher/advertiser relationships [Member]
Business Acquisition [Line Items]
Estimated useful lives of the assets	5 years
Maximum [Member] \| Content [Member]
Business Acquisition [Line Items]
Estimated useful lives of the assets	5 years
Maximum [Member] \| Website/trade/domain names [Member]
Business Acquisition [Line Items]
Estimated useful lives of the assets	8 years
Maximum [Member] \| Acquired technology and other [Member]
Business Acquisition [Line Items]
Estimated useful lives of the assets	5 years
Maximum [Member] \| Noncompete agreements [Member]
Business Acquisition [Line Items]
Estimated useful lives of the assets	3 years 6 months

Acquisitions - Schedule of Pro Forma Financial Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Acquisitions [Line Items]
Net revenue	$ 78,626	$ 105,358
Net income	$ 613	$ 4,679
Basic net income per share	$ 0.01	$ 0.10
Diluted net income per share	$ 0.01	$ 0.10

- Definition

The pro forma basic net income per share for a period as if the business combination or combinations had been completed at the beginning of a period.

+ References + Details

- Definition

The pro forma diluted net income per share for a period as if the business combination or combinations had been completed at the beginning of a period.

+ References + Details

Intangible Assets, Net and Goodwill - Intangible Assets (Detail) - USD ($) $ in Thousands	Sep. 30, 2012	Jun. 30, 2012
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 162,295	$ 162,213
Accumulated Amortization	(96,650)	(89,769)
Net Carrying Amount	65,645	72,444
Customer/publisher/advertiser relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	37,055	37,045
Accumulated Amortization	(24,665)	(23,017)
Net Carrying Amount	12,390	14,028
Content [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	62,128	62,076
Accumulated Amortization	(36,722)	(34,430)
Net Carrying Amount	25,406	27,646
Website/trade/domain names [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	31,635	31,615
Accumulated Amortization	(14,021)	(12,815)
Net Carrying Amount	17,614	18,800
Acquired technology and others [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	31,477	31,477
Accumulated Amortization	(21,242)	(19,507)
Net Carrying Amount	$ 10,235	$ 11,970

Intangibles Assets, Net and Goodwill - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Amortization of intangible assets	$ 6.9	$ 5.8

Intangible Assets, Net and Goodwill - Amortization expense (Detail) - USD ($) $ in Thousands	Sep. 30, 2012	Jun. 30, 2012
Expected Amortization Expense [Line Items]
2013 (remaining nine months)	$ 17,253
2014	18,977
2015	11,950
2016	8,411
2017	5,598
Thereafter	3,456
Net Carrying Amount	$ 65,645	$ 72,444

Intangible Assets, Net and Goodwill - Change in the Carrying Amount of Goodwill (Detail) $ in Thousands	3 Months Ended
	Sep. 30, 2012 USD ($)
Acquired Finite-Lived Intangible Assets [Line Items]
Goodwill, Beginning	$ 243,049
Additions
Other	(94)
Goodwill, Ending	242,955
DMS [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Goodwill, Beginning	241,818
Additions
Other	(94)
Goodwill, Ending	241,724
DSS [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Goodwill, Beginning	1,231
Additions
Goodwill, Ending	$ 1,231

- Definition

Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6388280&loc=d3e13770-109266

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 72
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-Clause 1
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 68
-Subparagraph l
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 34
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Debt - Additional Information (Detail)	1 Months Ended	3 Months Ended
Debt - Additional Information (Detail)	Nov. 30, 2011 USD ($)	Sep. 30, 2012 USD ($)	Sep. 30, 2011 USD ($)	Jun. 30, 2012 USD ($)
Debt Instrument [Line Items]
Acquisition of businesses		$ 0	$ 200,000
Net of imputed interest amounts			$ 4,000
Accretion of promissory notes recorded in interest expense		$ 100,000
Revolving credit facility total	$ 300,000,000
Percentage decrease in interest rate margins for new credit facility		0.50%
Amortization of principle amount of term loan		$ 35,000,000
Minimum fixed charge coverage ratio		1.15
Maximum funded debt to adjusted EBITDA ratio		3
Upfront arrangement fees incurred in connection with the credit facility		$ 1,500,000
Credit agreement with a financial institution that is used as collateral for fidelity bonds placed with an insurance company		400,000
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
Interest rate swap [Member]
Debt Instrument [Line Items]
National amount outstanding in the swap agreement		$ 85,000,000
Interest rate swap effectively fixes the Eurodollar Margin		0.97%
Interest Rate Swap 1 [Member]
Debt Instrument [Line Items]
Interest rate swap effectively fixes the Eurodollar Margin		0.97%
Effective date of swap		Apr. 09, 2012
Derivative maturity date		Nov. 04, 2012
Derivative notional amount outstanding in the swap agreement		$ 85,000,000
Fair value of the interest rate swap		1,500,000
Effective portion of the interest rate swap		1,600,000
Ineffective portion of the interest rate swap		100,000
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Revolving credit facility total	$ 100,000,000	$ 200,000,000
Period for credit facility	5 years
Prime rate for the revolving credit line		1.00%
Revolving credit line requires an annual facility fee		0.375%
Outstanding amount		$ 0
Revolving Credit Facility [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Interest rate dependent upon the ratio of funded debt to adjusted EBITDA and ranges from Eurodollar Margin		1.625%
Revolving Credit Facility [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Interest rate dependent upon the ratio of funded debt to adjusted EBITDA and ranges from Eurodollar Margin		2.375%
Term loan [Member]
Debt Instrument [Line Items]
Percentage of amortization with principal of credit facility year one	5.00%
Percentage of amortization with principal of credit facility year two	10.00%
Percentage of amortization with principal of credit facility year three	15.00%
Percentage of amortization with principal of credit facility year four	20.00%
Percentage of amortization with principal of credit facility year five	50.00%
Prime rate for the term loan		1.00%
Outstanding amount		$ 96,300,000		$ 97,500,000
Term loan [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Interest rate dependent upon the ratio of funded debt to adjusted EBITDA and ranges from Eurodollar Margin		2.00%
Term loan [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Interest rate dependent upon the ratio of funded debt to adjusted EBITDA and ranges from Eurodollar Margin		2.75%

Debt - Maturities of Debt (Detail) - USD ($) $ in Thousands	Sep. 30, 2012	Jun. 30, 2012
Debt Instrument [Line Items]
Noncurrent portion of debt	$ 89,180	$ 92,167
Notes Payable, Other Payables [Member]
Debt Instrument [Line Items]
2013 (remaining nine months)	4,989
2014	3,364
2015	560
2016	50
Long term debt, total	8,963
Less: imputed interest and unamortized discounts	(374)
Less: current portion	(5,362)
Noncurrent portion of debt	3,227
Domestic Line of Credit [Member]
Debt Instrument [Line Items]
2013 (remaining nine months)	6,250
2014	12,500
2015	17,500
2016	20,000
2017	40,000
Long term debt, total	96,250
Less: imputed interest and unamortized discounts	(2,036)
Less: current portion	(8,261)
Noncurrent portion of debt	$ 85,953

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Commitment And Contingencies [Line Items]
Rent expense for office space and equipment	$ 0.8	$ 0.9

- Definition

This element represents the payments that the lessee is obligated to make or can be required to make in connection with a property under the terms of an agreement classified as an operating lease, excluding contingent rentals and a guarantee by the lessee of the lessor's debt and the lessee's obligation to pay (apart from the rental payments) executory costs such as insurance, maintenance, and taxes.

+ References + Details

Commitments and Contingencies - Schedule of Future Annual Minimum Lease Payments under Noncancelable Operating Leases (Detail) $ in Thousands	Sep. 30, 2012 USD ($)
Commitment And Contingencies [Line Items]
2013 (remaining nine months)	$ 2,461
2014	3,320
2015	3,186
2016	3,109
2017	2,748
2018 and thereafter	3,728
Operating Leases, Future Minimum Payments Due, Total	$ 18,552

Stock Benefit Plans - Additional Information (Detail)	Sep. 30, 2012 shares
2010 Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Reserved shares	7,066,233
Shares available for issuance	4,362,284
Directors Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Reserved shares	1,170,000
Shares available for issuance	900,000

Stock Benefit Plan - Schedule of Weighted Average Black-Scholes Model Assumptions and Weighted Average Grant Date Fair Value of Employee Stock Options (Detail) - $ / shares	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (in years)	4 years 7 months 6 days	4 years 7 months 6 days
Expected volatility	55.00%	55.00%
Expected dividend yield	0.00%	0.00%
Risk-free interest rate	0.70%	1.10%
Grant date fair value	$ 4.36	$ 5.35

Stockholders' Equity - Additional information (Detail) $ / shares in Units, $ in Millions	3 Months Ended
	Sep. 30, 2012 USD ($) $ / shares shares
Repurchase of shares, Authorized amount \| $	$ 50.0
Repurchase of shares \| shares	5,263,484
Average cost of repurchase, per share \| $ / shares	$ 9.50
Treausury stock retired \| shares	638,365
Carrying value of retired Treausury stock \| $	$ 6.2

Segment Information - Summarized Information by Segment (Detail) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Segment Reporting Disclosure [Line Items]
Total net revenue	$ 78,626	$ 101,224
Total segment operating income before depreciation, amortization, and stock-based compensation expense	11,975	20,633
Depreciation and amortization	(8,279)	(7,108)
Stock-based compensation expense	(2,770)	(3,374)
Operating income	926	10,151
DMS [Member]
Segment Reporting Disclosure [Line Items]
Total net revenue	78,334	100,841
Total segment operating income before depreciation, amortization, and stock-based compensation expense	11,824	20,378
DSS [Member]
Segment Reporting Disclosure [Line Items]
Total net revenue	292	383
Total segment operating income before depreciation, amortization, and stock-based compensation expense	$ 151	$ 255

Segment Information - Net Revenue and Long-Lived Assets by Geographic Area (Detail) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Jun. 30, 2012
Net revenue:
United States	$ 77,909	$ 101,078
International	717	146
Total net revenue	78,626	$ 101,224
Property and equipment, net:
United States	8,175		$ 8,493
International	255		262
Total property and equipment, net:	$ 8,430		$ 8,755