v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Jun. 30, 2026
Current assets    
Cash and cash equivalents $ 547,750 $ 754,501
Accounts receivable, net of allowance of $31,751 and $31,302 854,808 664,788
Inventories, net 22,665 38,250
Prepaid expenses 75,345 43,052
Marketable securities 241,425 203,499
Other current assets 12,414 12,033
Total current assets 1,754,407 1,716,123
Property and equipment, net 172,974 102,042
Capitalized software, net 101,916 95,002
Capitalized curriculum development costs, net 59,963 56,895
Intangible assets, net 9,106 10,876
Goodwill 246,676 246,676
Deposits and other assets 185,914 207,938
Total assets 2,530,956 2,435,552
Current liabilities    
Accounts payable 75,884 46,742
Accrued liabilities 68,400 95,446
Accrued compensation and benefits 28,220 62,896
Deferred revenue 6,817 20,553
Current portion of finance lease liability 85,463 60,477
Current portion of operating lease liability 2,374 2,737
Current portion of debt 418,431  
Total current liabilities 685,589 288,851
Long-term finance lease liability 104,661 56,455
Long-term operating lease liability 8,106 8,316
Long-term debt   417,995
Deferred tax liability 41,137 13,033
Other long-term liabilities 19,698 18,573
Total liabilities 859,191 803,223
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; 49,681,525 and 49,126,917 shares issued; and 42,031,838 and 41,477,230 shares outstanding, respectively 4 4
Additional paid-in capital 714,347 739,829
Accumulated other comprehensive loss (60) (59)
Retained earnings 1,249,564 1,184,645
Treasury stock of 7,649,687 shares at cost (292,090) (292,090)
Total stockholders' equity 1,671,765 1,632,329
Total liabilities and stockholders' equity $ 2,530,956 $ 2,435,552