CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015
Current assets
Cash and cash equivalents	$ 213,989	$ 195,852
Accounts receivable, net of allowance of $10,813 and $9,657 at June 30, 2016 and June 30, 2015, respectively	169,554	188,246
Inventories, net	30,631	29,571
Deferred tax asset		8,989
Prepaid expenses	9,634	11,428
Other current assets	22,047	24,877
Total current assets	445,855	458,963
Property and equipment, net	28,447	34,407
Capitalized software, net	70,055	62,683
Capitalized curriculum development costs, net	63,367	58,696
Intangible assets, net	23,102	21,195
Goodwill	87,285	66,160
Deposits and other assets	15,944	6,495
Total assets	734,055	708,599
Current liabilities
Current portion of capital lease obligations	13,210	16,635
Accounts payable	25,919	29,819
Accrued liabilities	26,877	12,486
Accrued compensation and benefits	31,042	26,790
Deferred revenue	25,964	24,927
Total current liabilities	123,012	110,657
Capital lease obligations, net of current portion	9,922	13,022
Deferred rent, net of current portion	6,661	7,692
Deferred tax liability	18,458	22,456
Other long-term liabilities	9,780	8,233
Total liabilities	167,833	162,060
Commitments and contingencies
Redeemable noncontrolling interests	7,502	9,601
K12 Inc. stockholders' equity
Common stock, par value $0.0001; 100,000,000 shares authorized; 43,184,068 and 41,837,894 shares issued and 39,681,470 and 38,335,296 shares outstanding at June 30, 2016 and June 30, 2015, respectively	4	4
Additional paid-in capital	675,436	663,461
Accumulated other comprehensive loss	(293)	(1,065)
Accumulated deficit	(41,427)	(50,462)
Treasury stock of 3,502,598 shares at cost	(75,000)	(75,000)
Total K12 Inc. stockholders' equity	558,720	536,938
Total liabilities, redeemable noncontrolling interest and equity	$ 734,055	$ 708,599