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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Jun. 30, 2023
Current assets    
Cash and cash equivalents $ 376,577 $ 410,807
Accounts receivable, net of allowance of $34,852 and $30,031 577,792 463,722
Inventories, net 21,038 36,716
Prepaid expenses 40,127 24,817
Other current assets 193,547 129,137
Total current assets 1,209,081 1,065,199
Operating lease right-of-use assets, net 57,725 69,508
Property and equipment, net 57,213 52,332
Capitalized software, net 83,320 83,465
Capitalized curriculum development costs, net 51,451 50,787
Intangible assets, net 64,668 74,771
Goodwill 246,676 246,676
Deferred tax asset 14,773 8,776
Deposits and other assets 107,306 109,152
Total assets 1,892,213 1,760,666
Current liabilities    
Accounts payable 37,156 48,854
Accrued liabilities 67,671 76,626
Accrued compensation and benefits 62,383 57,426
Deferred revenue 70,907 76,159
Current portion of finance lease liability 30,991 35,621
Current portion of operating lease liability 12,853 14,449
Total current liabilities 281,961 309,135
Long-term finance lease liability 29,920 21,278
Long-term operating lease liability 48,418 59,425
Long-term debt 414,271 413,035
Other long-term liabilities 14,436 10,497
Total liabilities 789,006 813,370
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; 48,586,413 and 48,339,048 shares issued; and 43,251,670 and 43,004,305 shares outstanding, respectively 4 4
Additional paid-in capital 709,997 695,480
Accumulated other comprehensive loss (42) (35)
Retained earnings 495,730 354,329
Treasury stock of 5,334,743 shares at cost (102,482) (102,482)
Total stockholders' equity 1,103,207 947,296
Total liabilities and stockholders' equity $ 1,892,213 $ 1,760,666