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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Jun. 30, 2022
Current assets    
Cash and cash equivalents $ 318,279 $ 389,398
Accounts receivable, net of allowance of $25,744 and $26,993 442,166 418,558
Inventories, net 23,960 36,003
Prepaid expenses 43,822 25,974
Other current assets 100,588 80,601
Total current assets 928,815 950,534
Operating lease right-of-use assets, net 75,823 85,457
Property and equipment, net 68,124 61,537
Capitalized software, net 76,192 71,800
Capitalized curriculum development costs, net 50,557 50,580
Intangible assets, net 83,410 88,669
Goodwill 246,676 241,022
Deposits and other assets 89,694 93,946
Total assets 1,619,291 1,643,545
Current liabilities    
Accounts payable 32,809 61,997
Accrued liabilities 40,909 63,200
Accrued compensation and benefits 34,083 73,027
Deferred revenue 83,799 53,630
Current portion of finance lease liability 44,377 37,389
Current portion of operating lease liability 13,281 12,830
Total current liabilities 249,258 302,073
Long-term finance lease liability 28,925 28,888
Long-term operating lease liability 65,827 75,127
Long-term debt 412,260 411,438
Deferred tax liability 10,752 3,205
Other long-term liabilities 10,370 10,233
Total liabilities 777,392 830,964
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; 48,431,576 and 48,112,664 shares issued; and 43,096,833 and 42,777,921 shares outstanding, respectively 4 4
Additional paid-in capital 688,695 687,454
Accumulated other comprehensive income (loss) 187 143
Retained earnings 255,495 227,462
Treasury stock of 5,334,743 shares at cost (102,482) (102,482)
Total stockholders' equity 841,899 812,581
Total liabilities and stockholders' equity $ 1,619,291 $ 1,643,545