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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating activities:    
Net income $ 182,853 $ 87,358
Income from discontinued operations (4,638) (245)
Income from continuing operations 178,215 87,113
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation 31,181 19,405
Amortization and impairments to operating lease assets 25,330 24,705
Depreciation 30,267 29,879
Amortization of acquired intangible assets 8,415 28,296
Amortization of debt discount and issuance costs 4,995 4,550
Provision for bad debts 46,854 35,741
Deferred income taxes 19,994 (4,650)
Loss on disposals and impairments of property and equipment 2,522 50
Gain on investments (268) (1,281)
Unrealized loss on assets held for sale   647
Changes in assets and liabilities:    
Accounts and financing receivables (80,613) (73,661)
Prepaid expenses and other current assets 5,727 (2,484)
Cloud computing implementation assets (21,959) (19,262)
Accounts payable (9,978) 12,632
Accrued payroll and benefits 1,406 15,671
Accrued liabilities (10,449) 39,748
Deferred revenue 66,081 60,935
Operating lease liabilities (17,839) (28,448)
Other assets and liabilities (6,068) (2,475)
Net cash provided by operating activities-continuing operations 273,813 227,111
Net cash provided by operating activities-discontinued operations 4,394 8,396
Net cash provided by operating activities 278,207 235,507
Investing activities:    
Capital expenditures (31,337) (32,316)
Proceeds from sales of marketable securities 3,120 626
Purchases of marketable securities (2,048) (498)
Net cash used in investing activities (30,265) (32,188)
Financing activities:    
Proceeds from exercise of stock options 10,008 15,412
Employee taxes paid on withholding shares (12,457) (6,600)
Proceeds from stock issued under Colleague Stock Purchase Plan 922 581
Repurchases of common stock for treasury (146,436) (250,463)
Proceeds from issuance of long-term debt 9,873 1,896
Repayments of long-term debt (109,873) (51,896)
Net cash used in financing activities (247,963) (291,070)
Net decrease in cash, cash equivalents and restricted cash (21) (87,751)
Cash, cash equivalents and restricted cash at beginning of period 221,202 275,075
Cash, cash equivalents and restricted cash at end of period 221,181 187,324
Non-cash investing and financing activities:    
Accrued capital expenditures 12,410 6,217
Accrued liability for repurchases of common stock 4,879 2,995
Accrued excise tax on share repurchases $ 1,055 $ 3,257