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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Jun. 30, 2022
Current assets    
Cash and cash equivalents $ 410,807 $ 389,398
Accounts receivable, net of allowance of $30,031 and $26,993 463,722 418,558
Inventories, net 36,716 36,003
Prepaid expenses 24,817 25,974
Other current assets 129,137 80,601
Total current assets 1,065,199 950,534
Operating lease right-of-use assets, net 69,508 85,457
Property and equipment, net 52,332 61,537
Capitalized software, net 83,465 71,800
Capitalized curriculum development costs, net 50,787 50,580
Intangible assets, net 74,771 88,669
Goodwill 246,676 241,022
Deferred tax asset 8,776  
Deposits and other assets 109,152 93,946
Total assets 1,760,666 1,643,545
Current liabilities    
Accounts payable 48,854 61,997
Accrued liabilities 76,626 63,200
Accrued compensation and benefits 57,426 73,027
Deferred revenue 76,159 53,630
Current portion of finance lease liability 35,621 37,389
Current portion of operating lease liability 14,449 12,830
Total current liabilities 309,135 302,073
Long-term finance lease liability 21,278 28,888
Long-term operating lease liability 59,425 75,127
Long-term debt 413,035 411,438
Deferred tax liability   3,205
Other long-term liabilities 10,497 10,233
Total liabilities 813,370 830,964
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; 48,339,048 and 48,112,664 shares issued; and 43,004,305 and 42,777,921 shares outstanding, respectively 4 4
Additional paid-in capital 695,480 687,454
Accumulated other comprehensive income (loss) (35) 143
Retained earnings 354,329 227,462
Treasury stock of 5,334,743 shares at cost (102,482) (102,482)
Total stockholders' equity 947,296 812,581
Total liabilities and stockholders' equity $ 1,760,666 $ 1,643,545