XML 66 R51.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Income Taxes - Deferred (Details) - USD ($)
$ in Thousands
Jun. 30, 2024
Jun. 30, 2023
Deferred tax assets:    
Net operating loss carryforward $ 15,553 $ 17,628
Reserves 9,031 7,850
Accrued expenses 13,290 10,868
Stock compensation expense 8,162 4,548
Other assets 2,180 3,212
Convertible debt 5,980 8,632
Deferred revenue 456 680
Lease liability 13,879 17,900
Total deferred tax assets 68,531 71,318
Deferred tax liabilities:    
Capitalized curriculum development (9,466) (9,038)
Capitalized software and website development costs (4,340) (2,987)
Property and equipment (9,401) (8,438)
Right-of-use assets (13,052) (16,837)
Returned materials (2,858) (2,980)
Purchased intangibles (14,827) (15,471)
Total deferred tax liabilities (53,944) (55,751)
Net deferred tax asset before valuation allowance 14,587 15,567
Valuation Allowance (7,387) (6,791)
Net deferred tax asset $ 7,200 $ 8,776