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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Jun. 30, 2020
Current assets    
Cash and cash equivalents $ 258,107 $ 212,299
Accounts receivable, net of allowance of $20,924 and $6,808 435,254 236,134
Inventories, net 28,618 28,300
Prepaid expenses 21,525 13,058
Other current assets 24,973 11,480
Total current assets 768,477 501,271
Operating lease right-of-use assets, net 104,010 111,768
Property and equipment, net 78,503 38,668
Capitalized software, net 50,296 48,493
Capitalized curriculum development costs, net 48,147 48,849
Intangible assets, net 106,547 77,451
Goodwill 240,799 174,939
Deposits and other assets 75,175 71,824
Total assets 1,471,954 1,073,263
Current liabilities    
Accounts payable 39,251 40,428
Accrued liabilities 41,514 27,351
Accrued compensation and benefits 42,501 47,227
Deferred revenue 62,635 24,417
Credit facility   100,000
Current portion of finance lease liability 21,506 13,304
Current portion of operating lease liability 21,204 20,689
Total current liabilities 228,611 273,416
Long-term finance lease liability 37,796 4,634
Long-term operating lease liability 86,977 96,544
Long-term debt 291,624  
Deferred tax liability 34,645 13,771
Other long-term liabilities 39,872 9,569
Total liabilities 719,525 397,934
Commitments and contingencies
Stockholders' equity    
Preferred stock, par value $0.0001; 10,000,000 shares authorized; zero shares issued or outstanding
Common stock, par value $0.0001; 100,000,000 shares authorized; 46,893,934 and 46,341,627 shares issued; and 41,559,191 and 41,006,884 shares outstanding 4 4
Additional paid-in capital 777,409 730,761
Accumulated other comprehensive income (loss) (369) 93
Retained earnings 77,867 46,953
Treasury stock of 5,334,743 shares at cost (102,482) (102,482)
Total stockholders' equity 752,429 675,329
Total liabilities and stockholders' equity $ 1,471,954 $ 1,073,263