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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Jun. 30, 2019
Current assets    
Cash and cash equivalents $ 150,034 $ 283,121
Accounts receivable, net of allowance of $4,981 and $11,766 at March 31, 2020 and June 30, 2019, respectively 284,326 191,639
Inventories, net 19,579 29,946
Prepaid expenses 18,945 12,643
Other current assets 13,814 12,307
Total current assets 486,698 529,656
Operating lease right-of-use assets, net 106,929 0
Property and equipment, net 44,174 31,980
Capitalized software, net 48,304 51,165
Capitalized curriculum development costs, net 51,717 53,297
Intangible assets, net 43,893 14,981
Goodwill 197,803 90,197
Deposits and other assets 56,487 48,330
Total assets 1,036,005 819,606
Current liabilities    
Accounts payable 25,235 50,488
Accrued liabilities 25,953 20,685
Accrued compensation and benefits 28,384 41,998
Deferred revenue 39,618 22,828
Credit facility 100,000  
Current portion of finance lease liability 17,988  
Current portion of finance lease liability   19,588
Current portion of operating lease liability 20,441  
Total current liabilities 257,619 155,587
Long-term finance lease liability 5,265  
Long-term finance lease liability   5,060
Long-term operating lease liability 100,803  
Deferred tax liability 1,252 16,670
Other long-term liabilities 6,438 8,924
Total liabilities 371,377 186,241
Commitments and contingencies
Stockholders' equity    
Common stock, par value $0.0001; 100,000,000 shares authorized; 46,274,270 and 45,575,236 shares issued; and 40,939,527 and 40,240,493 shares outstanding at March 31, 2020 and June 30, 2019, respectively 4 4
Additional paid-in capital 724,992 713,436
Accumulated other comprehensive income (loss) 49 (40)
Retained earnings (accumulated deficit) 42,065 22,447
Treasury stock of 5,334,743 shares at cost at March 31, 2020 and June 30, 2019 (102,482) (102,482)
Total stockholders' equity 664,628 633,365
Total liabilities and stockholders' equity $ 1,036,005 $ 819,606