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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Jun. 30, 2021
Current assets    
Cash and cash equivalents $ 256,986 $ 386,080
Accounts receivable, net of allowance of $26,305 and $21,384 430,436 369,303
Inventories, net 23,941 39,690
Prepaid expenses 29,240 19,453
Other current assets 75,528 43,004
Total current assets 816,131 857,530
Operating lease right-of-use assets, net 91,410 94,671
Property and equipment, net 74,149 72,069
Capitalized software, net 60,520 57,308
Capitalized curriculum development costs, net 49,787 50,376
Intangible assets, net 95,210 99,480
Goodwill 240,921 240,353
Deposits and other assets 97,617 105,510
Total assets 1,525,745 1,577,297
Current liabilities    
Accounts payable 33,821 62,144
Accrued liabilities 61,462 77,642
Accrued compensation and benefits 41,193 80,363
Deferred revenue 50,409 38,110
Current portion of finance lease liability 36,080 27,336
Current portion of operating lease liability 15,233 20,649
Total current liabilities 238,198 306,244
Long-term finance lease liability 44,612 41,568
Long-term operating lease liability 79,020 77,458
Long-term debt 410,674 299,271
Deferred tax liability 8,282 31,853
Other long-term liabilities 10,726 16,255
Total liabilities 791,512 772,649
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; 48,084,410 and 46,911,527 shares issued; and 42,749,667 and 41,576,784 shares outstanding, respectively 4 4
Additional paid-in capital 680,601 795,449
Accumulated other comprehensive income (loss) (343) (474)
Retained earnings 156,453 112,151
Treasury stock of 5,334,743 shares at cost (102,482) (102,482)
Total stockholders' equity 734,233 804,648
Total liabilities and stockholders' equity $ 1,525,745 $ 1,577,297