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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Jun. 30, 2021
Current assets    
Cash and cash equivalents $ 389,398 $ 386,080
Accounts receivable, net of allowance of $26,993 and $21,384 418,558 369,303
Inventories, net 36,003 39,690
Prepaid expenses 25,974 19,453
Other current assets 80,601 43,004
Total current assets 950,534 857,530
Operating lease right-of-use assets, net 85,457 94,671
Property and equipment, net 61,537 72,069
Capitalized software, net 71,800 57,308
Capitalized curriculum development costs, net 50,580 50,376
Intangible assets, net 88,669 99,480
Goodwill 241,022 240,353
Deposits and other assets 93,946 105,510
Total assets 1,643,545 1,577,297
Current liabilities    
Accounts payable 61,997 62,144
Accrued liabilities 63,200 77,642
Accrued compensation and benefits 73,027 80,363
Deferred revenue 53,630 38,110
Current portion of finance lease liability 37,389 27,336
Current portion of operating lease liability 12,830 20,649
Total current liabilities 302,073 306,244
Long-term finance lease liability 28,888 41,568
Long-term operating lease liability 75,127 77,458
Long-term debt 411,438 299,271
Deferred tax liability 3,205 31,853
Other long-term liabilities 10,233 16,255
Total liabilities 830,964 772,649
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; 48,112,664 and 46,911,527 shares issued; and 42,777,921 and 41,576,784 shares outstanding, respectively 4 4
Additional paid-in capital 687,454 795,449
Accumulated other comprehensive income (loss) 143 (474)
Retained earnings 227,462 112,151
Treasury stock of 5,334,743 shares at cost (102,482) (102,482)
Total stockholders' equity 812,581 804,648
Total liabilities and stockholders' equity $ 1,643,545 $ 1,577,297