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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2018
Jun. 30, 2017
Current assets    
Cash and cash equivalents $ 231,113 $ 230,864
Accounts receivable, net of allowance of $12,384 and $14,791 at June 30, 2018 and 2017, respectively 176,319 192,205
Inventories, net 31,134 30,503
Prepaid expenses 10,278 8,006
Other current assets 10,388 12,004
Total current assets 459,232 473,582
Property and equipment, net 28,868 26,297
Capitalized software, net 55,488 62,695
Capitalized curriculum development costs, net 53,558 59,213
Intangible assets, net 17,951 20,226
Goodwill 90,197 87,214
Deposits and other assets 36,669 6,057
Total assets 741,963 735,284
Current liabilities    
Current portion of capital lease obligations 13,353 11,880
Accounts payable 29,362 30,052
Accrued liabilities 14,345 21,622
Accrued compensation and benefits 36,050 29,367
Deferred revenue 23,114 24,830
Total current liabilities 116,224 117,751
Capital lease obligations, net of current portion 12,665 10,025
Deferred rent, net of current portion 3,270 4,157
Deferred tax liability 12,577 16,726
Other long-term liabilities 10,038 11,579
Total liabilities 154,774 160,238
Commitments and contingencies
Redeemable noncontrolling interest   700
Stockholders’ equity    
Common stock, par value $0.0001; 100,000,000 shares authorized; 44,902,567 and 44,325,772 shares issued, and 39,567,824 and 40,823,174 shares outstanding at June 30, 2018 and 2017, respectively 4 4
Additional paid-in capital 703,351 690,488
Accumulated other comprehensive loss (252) (170)
Accumulated deficit (13,432) (40,976)
Treasury stock of 5,334,743 and 3,502,598 shares at cost at June 30, 2018 and 2017, respectively (102,482) (75,000)
Total stockholders’ equity 587,189 574,346
Total liabilities, redeemable noncontrolling interest and stockholders' equity $ 741,963 $ 735,284