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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Jun. 30, 2024
Current assets    
Cash and cash equivalents $ 317,765 $ 500,614
Accounts receivable, net of allowance of $38,223 and $31,298 675,709 472,754
Inventories, net 22,319 36,748
Prepaid expenses 53,902 29,164
Marketable securities 204,473 191,672
Other current assets 17,158 14,494
Total current assets 1,291,326 1,245,446
Operating lease right-of-use assets, net 51,609 54,503
Property and equipment, net 84,801 50,856
Capitalized software, net 77,181 81,952
Capitalized curriculum development costs, net 52,754 53,232
Intangible assets, net 57,714 60,282
Goodwill 246,676 246,676
Deferred tax asset   7,200
Deposits and other assets 109,900 120,318
Total assets 1,971,961 1,920,465
Current liabilities    
Accounts payable 50,057 40,970
Accrued liabilities 56,030 60,796
Accrued compensation and benefits 40,469 64,878
Deferred revenue 32,330 35,742
Current portion of finance lease liability 39,133 29,146
Current portion of operating lease liability 12,636 12,748
Total current liabilities 230,655 244,280
Long-term finance lease liability 50,994 26,452
Long-term operating lease liability 42,326 45,192
Long-term debt 415,098 414,675
Deferred tax liability 2,300  
Other long-term liabilities 16,242 13,841
Total liabilities 757,615 744,440
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; 48,921,937 and 48,576,164 shares issued; and 43,587,194 and 43,241,421 shares outstanding, respectively 4 4
Additional paid-in capital 717,488 720,033
Accumulated other comprehensive loss (58) (42)
Retained earnings 599,394 558,512
Treasury stock of 5,334,743 shares at cost (102,482) (102,482)
Total stockholders' equity 1,214,346 1,176,025
Total liabilities and stockholders' equity $ 1,971,961 $ 1,920,465