XML 15 R5.htm IDEA: XBRL DOCUMENT v3.26.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Operating activities:    
Net income $ 67,427 $ 61,832
Loss (income) from discontinued operations 4,055 (770)
Income from continuing operations 71,482 61,062
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation 8,181 8,293
Amortization of operating lease assets 7,018 7,216
Depreciation 10,862 10,296
Amortization of acquired intangible assets 1,394 2,805
Amortization and write-off of debt discount and issuance costs 660 1,145
Provision for credit losses 22,402 14,883
Deferred income taxes 8,798 54,413
Loss on disposals and impairments of property and equipment   2
Loss (gain) on investments 218 (680)
Changes in assets and liabilities:    
Accounts and financing receivables (94,219) (62,690)
Prepaid expenses and other current assets (10,788) (29,841)
Cloud computing implementation assets (3,292) (4,812)
Accounts payable (13,536) 1,378
Accrued payroll and benefits (20,886) (24,359)
Accrued liabilities 13,025 (12,287)
Deferred revenue 107,928 109,082
Operating lease liabilities 10,548 (4,317)
Other assets and liabilities (5,524) (960)
Net cash provided by operating activities-continuing operations 114,271 130,629
Net cash used in operating activities-discontinued operations (233) (80)
Net cash provided by operating activities 114,038 130,549
Investing activities:    
Capital expenditures (37,592) (16,023)
Proceeds from sales of marketable securities   100
Purchases of marketable securities   (100)
Net cash used in investing activities (37,592) (16,023)
Financing activities:    
Proceeds from exercise of stock options   131
Employee taxes paid on withholding shares (16,203) (39,119)
Proceeds from stock issued under Colleague Stock Purchase Plan 564 411
Repurchases of common stock for treasury (81,002) (7,595)
Repayments under long-term debt obligations (163,000) 0
Payment of debt issuance costs   (3,333)
Net cash used in financing activities (259,641) (49,505)
Net (decrease) increase in cash, cash equivalents and restricted cash (183,195) 65,021
Cash, cash equivalents and restricted cash at beginning of period 407,754 201,164
Cash, cash equivalents and restricted cash at end of period 224,559 266,185
Non-cash investing and financing activities:    
Accrued capital expenditures 17,969 4,727
Accrued liability for repurchases of common stock 3,000 0
Accrued excise tax on share repurchases $ 2,310 1,630
Accrued debt issuance costs   $ 437