CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Cash flows from operating activities
Net income (loss)	$ 37,209	$ 27,420	$ (459)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization expense	71,400	75,260	74,280
Stock-based compensation expense	16,676	20,817	22,598
Deferred income taxes	3,693	(4,015)	(7,065)
Provision for doubtful accounts	6,325	4,089	4,512
Impairment of investment in Web International Education Group, Ltd.			10,000
Other	3,985	4,822	4,286
Changes in assets and liabilities:
Accounts receivable	(21,637)	11,987	(27,745)
Inventories, prepaid expenses, deposits and other current and long-term assets	(3,321)	(28,491)	11,343
Accounts payable	20,174	(2,336)	5,317
Accrued liabilities	8,295	(6,273)	(4,963)
Accrued compensation and benefits	5,948	6,672	(1,674)
Deferred revenue, rent and other liabilities	(7,141)	(4,506)	(1,702)
Net cash provided by operating activities	141,606	105,446	88,728
Cash flows from investing activities
Purchase of property and equipment	(5,477)	(8,743)	(2,174)
Capitalized software development costs	(26,318)	(24,533)	(26,918)
Capitalized curriculum development costs	(16,611)	(9,927)	(19,132)
Sale of long-lived assets	389		89
Acquisitions and investments	(13,092)	(7,274)	(9,063)
Net cash used in investing activities	(61,109)	(50,477)	(57,198)
Cash flows from financing activities
Repayments on capital lease obligations	(21,034)	(13,301)	(15,697)
Payments of contingent consideration	(1,027)	(1,819)
Purchase of treasury stock		(27,482)
Proceeds from exercise of stock options	3,030	196	6,953
Excess tax benefit from stock-based compensation			291
Repurchase of restricted stock for income tax withholding	(9,958)	(10,314)	(6,191)
Net cash used in financing activities	(28,989)	(52,720)	(14,644)
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash			(11)
Net change in cash, cash equivalents and restricted cash	51,508	2,249	16,875
Cash, cash equivalents and restricted cash, beginning of period	233,113	230,864	213,989
Cash, cash equivalents and restricted cash, end of period	$ 284,621	$ 233,113	$ 230,864

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-SubTopic 10
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The cash outflow for the obligation for a lease meeting the criteria for capitalization (with maturities exceeding one year or beyond the operating cycle of the entity, if longer).

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The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method.

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