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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Jun. 30, 2019
Current assets    
Cash and cash equivalents $ 212,299 $ 283,121
Accounts receivable, net of allowance of $6,808 and $11,766 at June 30, 2020 and 2019, respectively 236,134 191,639
Inventories, net 28,300 29,946
Prepaid expenses 13,058 12,643
Other current assets 11,480 12,307
Total current assets 501,271 529,656
Operating lease right-of-use assets, net 111,768  
Property and equipment, net 38,668 31,980
Capitalized software, net 48,493 51,165
Capitalized curriculum development costs, net 48,849 53,297
Intangible assets, net 77,451 14,981
Goodwill 174,939 90,197
Deposits and other assets 71,824 48,330
Total assets 1,073,263 819,606
Current liabilities    
Accounts payable 40,428 50,488
Accrued liabilities 27,351 20,685
Accrued compensation and benefits 47,227 41,998
Deferred revenue 24,417 22,828
Credit facility 100,000  
Current portion of finance lease liability 13,304  
Current portion of finance lease liability   19,588
Current portion of operating lease liability 20,689  
Total current liabilities 273,416 155,587
Long-term finance lease liability 4,634  
Long-term finance lease liability   5,060
Long-term operating lease liability 96,544  
Deferred tax liability 13,771 16,670
Other long-term liabilities 9,569 8,924
Total liabilities 397,934 186,241
Commitments and contingencies
Stockholders' equity    
Preferred stock, par value $0.0001; 10,000,000 shares authorized; zero shares issued or outstanding at June 30, 2020 and 2019
Common stock, par value $0.0001; 100,000,000 shares authorized; 46,341,627 and 45,575,236 shares issued; and 41,006,884 and 40,240,493 shares outstanding at June 30, 2020 and 2019, respectively 4 4
Additional paid-in capital 730,761 713,436
Accumulated other comprehensive income (loss) 93 (40)
Retained earnings 46,953 22,447
Treasury stock of 5,334,743 shares at cost at June 30, 2020 and 2019 (102,482) (102,482)
Total stockholders' equity 675,329 633,365
Total liabilities and stockholders' equity $ 1,073,263 $ 819,606