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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Jun. 30, 2020
Current assets    
Cash and cash equivalents $ 329,031 $ 212,299
Accounts receivable, net of allowance of $21,697 and $6,808 422,786 236,134
Inventories, net 28,814 28,300
Prepaid expenses 26,656 13,058
Other current assets 22,918 11,480
Total current assets 830,205 501,271
Operating lease right-of-use assets, net 100,027 111,768
Property and equipment, net 82,918 38,668
Capitalized software, net 51,922 48,493
Capitalized curriculum development costs, net 48,482 48,849
Intangible assets, net 103,047 77,451
Goodwill 240,251 174,939
Deposits and other assets 77,316 71,824
Total assets 1,534,168 1,073,263
Current liabilities    
Accounts payable 47,043 40,428
Accrued liabilities 44,199 27,351
Accrued compensation and benefits 62,816 47,227
Deferred revenue 53,449 24,417
Credit facility   100,000
Current portion of finance lease liability 26,036 13,304
Current portion of operating lease liability 21,259 20,689
Total current liabilities 254,802 273,416
Long-term finance lease liability 43,117 4,634
Long-term operating lease liability 82,600 96,544
Long-term debt 295,388  
Deferred tax liability 31,531 13,771
Other long-term liabilities 39,951 9,569
Total liabilities 747,389 397,934
Commitments and contingencies
Stockholders' equity    
Preferred stock, par value $0.0001; 10,000,000 shares authorized; zero shares issued or outstanding
Common stock, par value $0.0001; 100,000,000 shares authorized; 46,877,934 and 46,341,627 shares issued; and 41,543,191 and 41,006,884 shares outstanding 4 4
Additional paid-in capital 788,028 730,761
Accumulated other comprehensive income (loss) (427) 93
Retained earnings 101,656 46,953
Treasury stock of 5,334,743 shares at cost (102,482) (102,482)
Total stockholders' equity 786,779 675,329
Total liabilities and stockholders' equity $ 1,534,168 $ 1,073,263