10-Q Filing

Stride, Inc. CIK: 1157408 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001104659-14-006400`
Period End Date	20131231
Filing Date	20140204
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	lrn-20131231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 56 Cash Flow Statement 76 Stockholders Equity 15 Comprehensive Income 20

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance (in dollars)	`AllowanceForDoubtfulAccountsReceivable`	$3.08M	USD	Point-in-time
Accounts receivable, allowance (in dollars)	`AllowanceForDoubtfulAccountsReceivable`	$2.56M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$144.65M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$162.89M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$181.48M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$143.19M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	37.44M	shares	Point-in-time
Accounts receivable, net of allowance of $3,082 and $2,560 at December 31, 2013 and June 30, 2013, respectively	`AccountsReceivableNetCurrent`	$254.35M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	41.11M	shares	Point-in-time
Accounts receivable, net of allowance of $3,082 and $2,560 at December 31, 2013 and June 30, 2013, respectively	`AccountsReceivableNetCurrent`	$186.46M	USD	Point-in-time
Inventories, net	`InventoryNet`	$23.36M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.44M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	40.83M	shares	Point-in-time
Inventories, net	`InventoryNet`	$44.40M	USD	Point-in-time
Current portion of deferred tax asset	`DeferredTaxAssetsLiabilitiesNetCurrent`	$11.37M	USD	Point-in-time
Current portion of deferred tax asset	`DeferredTaxAssetsLiabilitiesNetCurrent`	$18.57M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	284,200.00	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	0.00	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$9.09M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$10.33M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$27.37M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$23.92M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$495.63M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$457.95M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentExcludingSoftwareDevelopmentCostsNet`	$56.14M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentExcludingSoftwareDevelopmentCostsNet`	$56.26M	USD	Point-in-time
Capitalized software, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationsUsedInternallyNet`	$43.50M	USD	Point-in-time
Capitalized software, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationsUsedInternallyNet`	$42.74M	USD	Point-in-time
Capitalized curriculum development costs, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationUsedInternallyCurriculumContentNet`	$64.60M	USD	Point-in-time
Capitalized curriculum development costs, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationUsedInternallyCurriculumContentNet`	$61.82M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$25.44M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$32.14M	USD	Point-in-time
Goodwill	`Goodwill`	$61.57M	USD	Point-in-time
Goodwill	`Goodwill`	$61.41M	USD	Point-in-time
Deposits and other assets	`OtherAssetsNoncurrent`	$5.42M	USD	Point-in-time
Deposits and other assets	`OtherAssetsNoncurrent`	$3.15M	USD	Point-in-time
Total assets	`Assets`	$718.90M	USD	Point-in-time
Total assets	`Assets`	$748.89M	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$22.22M	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$19.39M	USD	Point-in-time
Current portion of note payable	`NotesPayableCurrent`	$390.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$21.84M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$16.54M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$14.59M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$17.03M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$20.54M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$21.97M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$28.57M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$61.16M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$135.04M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$109.19M	USD	Point-in-time
Capital lease obligations, net of current portion	`CapitalLeaseObligationsNoncurrent`	$19.43M	USD	Point-in-time
Capital lease obligations, net of current portion	`CapitalLeaseObligationsNoncurrent`	$16.11M	USD	Point-in-time
Deferred rent, net of current portion	`DeferredRentCreditNoncurrent`	$8.83M	USD	Point-in-time
Deferred rent, net of current portion	`DeferredRentCreditNoncurrent`	$8.80M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$33.30M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$33.58M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.51M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.73M	USD	Point-in-time
Total liabilities	`Liabilities`	$199.58M	USD	Point-in-time
Total liabilities	`Liabilities`	$169.94M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$15.20M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$15.20M	USD	Point-in-time
Common stock, par value $0.0001; 100,000,000 shares authorized; 41,111,074 and 37,440,662 shares issued and 40,826,874 and 37,440,662 outstanding at December 31, 2013 and June 30, 2013, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Common stock, par value $0.0001; 100,000,000 shares authorized; 41,111,074 and 37,440,662 shares issued and 40,826,874 and 37,440,662 outstanding at December 31, 2013 and June 30, 2013, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$626.42M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$548.39M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-294.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-101.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-81.05M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-89.75M	USD	Point-in-time
Treasury stock of 284,200 and zero shares at cost at December 31, 2013 and June 30, 2013, respectively	`TreasuryStockValue`	$5.88M	USD	Point-in-time
Total K12 Inc. stockholders' equity	`StockholdersEquity`	$530.16M	USD	Point-in-time
Total K12 Inc. stockholders' equity	`StockholdersEquity`	$530.69M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$3.42M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$3.60M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$533.76M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$534.11M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$748.89M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$718.90M	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$223.92M	USD	1 Quarter
Revenues	`Revenues`	$452.29M	USD	2 Qtrs
Revenues	`Revenues`	$427.12M	USD	2 Qtrs
Revenues	`Revenues`	$206.03M	USD	1 Quarter
Instructional costs and services	`CostOfServices`	$153.67M	USD	1 Quarter
Instructional costs and services	`CostOfServices`	$286.57M	USD	2 Qtrs
Instructional costs and services	`CostOfServices`	$241.45M	USD	2 Qtrs
Instructional costs and services	`CostOfServices`	$122.80M	USD	1 Quarter
Selling, administrative, and other operating expenses	`SellingGeneralAndAdministrativeExpense`	$61.38M	USD	1 Quarter
Selling, administrative, and other operating expenses	`SellingGeneralAndAdministrativeExpense`	$151.00M	USD	2 Qtrs
Selling, administrative, and other operating expenses	`SellingGeneralAndAdministrativeExpense`	$174.00M	USD	2 Qtrs
Selling, administrative, and other operating expenses	`SellingGeneralAndAdministrativeExpense`	$75.75M	USD	1 Quarter
Product development expenses	`ResearchAndDevelopmentExpense`	$5.58M	USD	1 Quarter
Product development expenses	`ResearchAndDevelopmentExpense`	$9.09M	USD	2 Qtrs
Product development expenses	`ResearchAndDevelopmentExpense`	$3.40M	USD	1 Quarter
Product development expenses	`ResearchAndDevelopmentExpense`	$9.75M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$469.66M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$189.76M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$232.83M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$402.19M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-17.37M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$24.93M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-8.91M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$16.27M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-501.00K	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-272.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-28.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-112.00K	USD	2 Qtrs
Income (loss) before income tax expense and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-17.48M	USD	2 Qtrs
Income (loss) before income tax expense and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$24.43M	USD	2 Qtrs
Income (loss) before income tax expense and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$16.00M	USD	1 Quarter
Income (loss) before income tax expense and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-8.94M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-4.68M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$6.68M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$10.57M	USD	2 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-8.13M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-4.25M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$9.32M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-9.35M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$13.86M	USD	2 Qtrs
Adjust net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-586.00K	USD	1 Quarter
Adjust net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-643.00K	USD	2 Qtrs
Adjust net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-4.00K	USD	2 Qtrs
Adjust net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-191.00K	USD	1 Quarter
Net income (loss) attributable to common stockholders, including Series A stockholders	`NetIncomeLoss`	$9.51M	USD	1 Quarter
Net income (loss) attributable to common stockholders, including Series A stockholders	`NetIncomeLoss`	$-3.67M	USD	1 Quarter
Net income (loss) attributable to common stockholders, including Series A stockholders	`NetIncomeLoss`	$-8.71M	USD	2 Qtrs
Net income (loss) attributable to common stockholders, including Series A stockholders	`NetIncomeLoss`	$13.87M	USD	2 Qtrs
Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.09	USD	1 Quarter
Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.24	USD	1 Quarter
Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.36	USD	2 Qtrs
Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.22	USD	2 Qtrs
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	39.98M	shares	1 Quarter
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	36.12M	shares	1 Quarter
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	36.07M	shares	2 Qtrs
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	38.95M	shares	2 Qtrs

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-4.25M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$9.32M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-9.35M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$13.86M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$31.89M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$51.47M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$5.78M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$12.21M	USD	2 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$-1.22M	USD	2 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$2.53M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxNoncashExpenseBenefit`	$-8.13M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxNoncashExpenseBenefit`	$9.48M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$718.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$784.00K	USD	2 Qtrs
Provision for excess and obsolete inventory	`InventoryWriteDown`	$200.00K	USD	2 Qtrs
Provision for excess and obsolete inventory	`InventoryWriteDown`	$4.12M	USD	2 Qtrs
Provision (benefit) for student computer shrinkage and obsolescence	`ProvisionForStudentComputerShrinkageAndObsolescence`	$502.00K	USD	2 Qtrs
Provision (benefit) for student computer shrinkage and obsolescence	`ProvisionForStudentComputerShrinkageAndObsolescence`	$-451.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$63.34M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$68.78M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-8.18M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-16.91M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-1.26M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$8.63M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$3.51M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$1.40M	USD	2 Qtrs
Deposits and other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$227.00K	USD	2 Qtrs
Deposits and other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$217.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.84M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-5.31M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$8.40M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.48M	USD	2 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-1.44M	USD	2 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-4.06M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$32.15M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$33.53M	USD	2 Qtrs
Release of restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-1.50M	USD	2 Qtrs
Deferred rent and other long term liabilities	`IncreaseDecreaseInDeferredRentAndOtherLongTermLiabilities`	$178.00K	USD	2 Qtrs
Deferred rent and other long term liabilities	`IncreaseDecreaseInDeferredRentAndOtherLongTermLiabilities`	$1.95M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$32.05M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$20.55M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.33M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.52M	USD	2 Qtrs
Capitalized software development costs	`PaymentsForSoftware`	$11.63M	USD	2 Qtrs
Capitalized software development costs	`PaymentsForSoftware`	$10.63M	USD	2 Qtrs
Capitalized curriculum development costs	`PaymentsToCapitalizedCurriculumDevelopmentCosts`	$9.63M	USD	2 Qtrs
Capitalized curriculum development costs	`PaymentsToCapitalizedCurriculumDevelopmentCosts`	$7.65M	USD	2 Qtrs
Mortgage note to managed school partner	`PaymentsToAcquireMortgageNotesReceivable`	$2.10M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-25.79M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-25.71M	USD	2 Qtrs
Repayments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$9.85M	USD	2 Qtrs
Repayments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$11.14M	USD	2 Qtrs
Repayments on note payable	`RepaymentsOfNotesPayable`	$390.00K	USD	2 Qtrs
Repayments on note payable	`RepaymentsOfNotesPayable`	$785.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$607.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$7.62M	USD	2 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$-1.22M	USD	2 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$2.53M	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$5.88M	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$5.90M	USD	1 Quarter
Repurchase of restricted stock for income tax withholding	`RepurchaseOfRestrictedStockForIncomeTaxWithholding`	$3.22M	USD	2 Qtrs
Repurchase of restricted stock for income tax withholding	`RepurchaseOfRestrictedStockForIncomeTaxWithholding`	$801.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-8.30M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-14.24M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$571.00K	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$808.00K	USD	2 Qtrs
Net change in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-18.59M	USD	2 Qtrs
Net change in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-1.46M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$144.65M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$162.89M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$181.48M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$143.19M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$144.65M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$162.89M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$181.48M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$143.19M	USD	Point-in-time

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Redeemable noncontrolling interest related to Middlebury Interactive Languages	`MinorityInterestInNetIncomeLossJointVenturePartners`	$600.00K	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$533.76M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$534.11M	USD	Point-in-time
Net loss	`ProfitLossExcludingRedeemableNoncontrollingInterest`	$-8.88M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$193.00K	USD	2 Qtrs
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$5.88M	USD	2 Qtrs
Purchase of treasury stock (in shares)	`TreasuryStockSharesAcquired`	284,200.00	shares	1 Quarter
Purchase of treasury stock (in shares)	`TreasuryStockSharesAcquired`	284,200.00	shares	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.21M	USD	2 Qtrs
Exercise of stock options	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$7.62M	USD	2 Qtrs
Excess tax benefit from stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$-1.22M	USD	2 Qtrs
Accretion of redeemable noncontrolling interests to estimated redemption value	`AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock`	$469.00K	USD	2 Qtrs
Retirement of restricted stock for tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.22M	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$533.76M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$534.11M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-4.25M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$9.32M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-9.35M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$13.86M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$193.00K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$88.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-150.00K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$164.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-4.16M	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$13.71M	USD	2 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-9.15M	USD	2 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$9.48M	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-586.00K	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-4.00K	USD	2 Qtrs
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-643.00K	USD	2 Qtrs
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-191.00K	USD	1 Quarter
Comprehensive income (loss) attributable to common stockholders, including Series A stockholders	`ComprehensiveIncomeNetOfTax`	$13.72M	USD	2 Qtrs
Comprehensive income (loss) attributable to common stockholders, including Series A stockholders	`ComprehensiveIncomeNetOfTax`	$9.68M	USD	1 Quarter
Comprehensive income (loss) attributable to common stockholders, including Series A stockholders	`ComprehensiveIncomeNetOfTax`	$-3.58M	USD	1 Quarter
Comprehensive income (loss) attributable to common stockholders, including Series A stockholders	`ComprehensiveIncomeNetOfTax`	$-8.51M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.