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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities.    
Net income $ 18,073 $ 6,144
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 57,612 56,325
Stock-based compensation expense 14,853 14,557
Excess tax benefit from stock-based compensation   (250)
Deferred income taxes (4,978) (259)
Provision for doubtful accounts 605 4,196
Provision for excess and obsolete inventory 1,319 395
Provision for student computer shrinkage and obsolescence 103 256
Impairment loss on other assets   586
Expensed computer peripherals 3,335 3,412
Changes in assets and liabilities:    
Accounts receivable (16,220) (61,000)
Inventories 11,134 13,149
Prepaid expenses (6,416) (7,516)
Other current assets (2,963) (2,781)
Deposits and other assets (25,893) 9,811
Accounts payable (9,215) (9,813)
Accrued liabilities (9,183) (7,608)
Accrued compensation and benefits 111 (5,922)
Deferred revenue 23,848 24,833
Deferred rent and other liabilities (2,714) (1,140)
Net cash provided by operating activities 53,411 37,375
Cash flows from investing activities    
Purchase of property and equipment (6,580) (1,391)
Capitalized software development costs (18,852) (19,345)
Capitalized curriculum development costs (7,770) (12,427)
Acquisition of Big Universe, Inc., net of cash acquired (2,774)  
Purchase of noncontrolling interest (500) (9,134)
Net cash used in investing activities (36,476) (42,297)
Cash flows from financing activities    
Repayments on capital lease obligations (10,313) (11,879)
Proceeds from exercise of stock options 184 1,518
Excess tax benefit from stock-based compensation   250
Repurchase of restricted stock for income tax withholding (9,763) (4,236)
Net cash used in financing activities (19,892) (14,347)
Effect of foreign exchange rate changes on cash and cash equivalents   (12)
Net change in cash and cash equivalents (2,957) (19,281)
Cash and cash equivalents, beginning of period 230,864 213,989
Cash and cash equivalents, end of period $ 227,907 $ 194,708