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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Jun. 30, 2023
Current assets    
Cash and cash equivalents $ 354,387 $ 410,807
Accounts receivable, net of allowance of $35,880 and $30,031 509,635 463,722
Inventories, net 19,506 36,716
Prepaid expenses 35,529 24,817
Other current assets 169,815 129,137
Total current assets 1,088,872 1,065,199
Operating lease right-of-use assets, net 60,687 69,508
Property and equipment, net 60,555 52,332
Capitalized software, net 81,413 83,465
Capitalized curriculum development costs, net 50,290 50,787
Intangible assets, net 68,768 74,771
Goodwill 246,676 246,676
Deferred tax asset 9,499 8,776
Deposits and other assets 115,436 109,152
Total assets 1,782,196 1,760,666
Current liabilities    
Accounts payable 31,319 48,854
Accrued liabilities 56,334 76,626
Accrued compensation and benefits 43,076 57,426
Deferred revenue 64,237 76,159
Current portion of finance lease liability 33,108 35,621
Current portion of operating lease liability 12,828 14,449
Total current liabilities 240,902 309,135
Long-term finance lease liability 30,623 21,278
Long-term operating lease liability 51,552 59,425
Long-term debt 413,869 413,035
Other long-term liabilities 12,572 10,497
Total liabilities 749,518 813,370
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; 48,718,413 and 48,339,048 shares issued; and 43,383,670 and 43,004,305 shares outstanding, 4 4
Additional paid-in capital 709,157 695,480
Accumulated other comprehensive income (loss) (44) (35)
Retained earnings 426,043 354,329
Treasury stock of 5,334,743 shares at cost (102,482) (102,482)
Total stockholders' equity 1,032,678 947,296
Total liabilities and stockholders' equity $ 1,782,196 $ 1,760,666