v3.25.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Jun. 30, 2024
Assets    
Cash and cash equivalents $ 83,725 $ 125,146
Accounts receivable (net of $6,339 and $1,392 allowance for credit losses, respectively) 99,092 100,965
Contract assets (net of $1,207 and $1,248 allowance for credit losses, respectively) 318,337 335,831
Prepaid expenses and other current assets 84,649 73,653
Current assets of discontinued operations 0 119,662
Total current assets 585,803 755,257
Property and equipment (net of $820,043 and $742,063 accumulated depreciation, respectively) 201,481 205,711
Intangible assets (net of $332,522 and $294,333 accumulated amortization, respectively) 250,770 269,259
Goodwill 897,894 995,852
Deferred income tax assets 762,859 773,002
Deferred compensation plan assets 35,069 54,422
Investments in unconsolidated affiliates 262,621 228,562
Operating lease right-of-use assets 5,072 20,635
Other assets 95,505 98,749
Total assets 3,097,074 3,401,449
Liabilities and stockholders' equity    
Accounts payable 19,619 22,610
Accrued expenses 59,151 58,482
Revenue share obligations 347,306 292,792
Accrued compensation and benefits 99,019 100,395
Deferred revenue 22,548 19,642
Line of credit and current portion of long-term debt 280,000 1,008
Current portion of liability related to the sale of future revenues 49,712 51,798
Other current liabilities 33,182 52,589
Current liabilities of discontinued operations 96 45,724
Total current liabilities 910,633 746,563
Liability related to the sale of future revenues, less current portion 590,727 599,423
Deferred compensation plan obligations 35,069 54,422
Operating lease liabilities, less current portion 2,007 11,170
Other liabilities 28,061 27,640
Total liabilities 1,566,497 1,439,218
Commitments and contingencies (Note 17)
Stockholders' equity:    
Treasury stock, at cost; 9,003,940 and 6,429,375 shares at June 30, 2025 and 2024, respectively (161,561) (250,129)
Additional paid-in capital 2,176,318 2,105,684
(Accumulated deficit) retained earnings (485,045) 105,590
Accumulated other comprehensive loss (51) (29)
Total stockholders' equity 1,530,577 1,962,231
Total liabilities and stockholders' equity 3,097,074 3,401,449
Related Party    
Liabilities and stockholders' equity    
Current portion of notes payable to former limited partners 0 101,523
Class A Common Stock    
Stockholders' equity:    
Class A common stock, $0.01 par value, 500,000,000 shares authorized; 91,548,325 shares issued and 82,544,385 outstanding at June 30, 2025 and 111,456,454 shares issued and 105,027,079 outstanding at June 30, 2024 $ 916 $ 1,115