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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Jun. 30, 2017
Current assets    
Cash and cash equivalents $ 189,502 $ 230,864
Accounts receivable, net of allowance of $10,168 and $14,791 at December 31, 2017 and June 30, 2017, respectively 244,124 192,205
Inventories, net 18,388 30,503
Prepaid expenses 21,988 8,006
Other current assets 14,753 12,004
Total current assets 488,755 473,582
Property and equipment, net 29,472 26,297
Capitalized software, net 57,904 62,695
Capitalized curriculum development costs, net 54,816 59,213
Intangible assets, net 19,449 20,226
Goodwill 90,197 87,214
Deposits and other assets 8,063 6,057
Total assets 748,656 735,284
Current liabilities    
Current portion of capital lease obligations 13,416 11,880
Accounts payable 17,162 30,052
Accrued liabilities 12,479 21,622
Accrued compensation and benefits 19,667 29,367
Deferred revenue 54,945 24,830
Total current liabilities 117,669 117,751
Capital lease obligations, net of current portion 13,931 10,025
Deferred rent, net of current portion 3,745 4,157
Deferred tax liability 16,023 16,726
Other long-term liabilities 10,946 11,579
Total liabilities 162,314 160,238
Commitments and contingencies
Redeemable noncontrolling interest 500 700
Stockholders’ equity    
Common stock, par value $0.0001; 100,000,000 shares authorized; 44,898,430 and 44,325,772 shares issued and 41,395,832 and 40,823,174 shares outstanding at December 31, 2017 and June 30, 2017, respectively 4 4
Additional paid-in capital 697,044 690,488
Accumulated other comprehensive loss (364) (170)
Accumulated deficit (35,842) (40,976)
Treasury stock of 3,502,598 shares at cost at December 31, 2017 and June 30, 2017 (75,000) (75,000)
Total stockholders’ equity 585,842 574,346
Total liabilities, redeemable noncontrolling interest and stockholders' equity $ 748,656 $ 735,284