10-Q Filing

Stride, Inc. CIK: 1157408 Q3 2014

Filing Information

Form Type	10-Q
Accession Number	`0001104659-14-031958`
Period End Date	20140331
Filing Date	20140429
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	lrn-20140331.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`	$3.31M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$156.97M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$185.33M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	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
Common stock, shares issued	`CommonStockSharesIssued`	41.14M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	37.44M	shares	Point-in-time
Accounts receivable, net of allowance of $3,310 and $2,560 at March 31, 2014 and June 30, 2013, respectively	`AccountsReceivableNetCurrent`	$186.46M	USD	Point-in-time
Accounts receivable, net of allowance of $3,310 and $2,560 at March 31, 2014 and June 30, 2013, respectively	`AccountsReceivableNetCurrent`	$236.44M	USD	Point-in-time
Inventories, net	`InventoryNet`	$21.29M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.44M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	39.90M	shares	Point-in-time
Inventories, net	`InventoryNet`	$44.40M	USD	Point-in-time
Current portion of deferred tax asset	`DeferredTaxAssetsLiabilitiesNetCurrent`	$6.17M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	0.00	shares	Point-in-time
Current portion of deferred tax asset	`DeferredTaxAssetsLiabilitiesNetCurrent`	$11.37M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	1.24M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$10.33M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$10.40M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$23.92M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$27.82M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$487.45M	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`	$50.01M	USD	Point-in-time
Capitalized software, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationsUsedInternallyNet`	$46.66M	USD	Point-in-time
Capitalized software, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationsUsedInternallyNet`	$43.50M	USD	Point-in-time
Capitalized curriculum development costs, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationUsedInternallyCurriculumContentNet`	$64.60M	USD	Point-in-time
Capitalized curriculum development costs, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationUsedInternallyCurriculumContentNet`	$61.22M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$32.14M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$24.78M	USD	Point-in-time
Goodwill	`Goodwill`	$61.58M	USD	Point-in-time
Goodwill	`Goodwill`	$61.41M	USD	Point-in-time
Deposits and other assets	`OtherAssetsNoncurrent`	$3.15M	USD	Point-in-time
Deposits and other assets	`OtherAssetsNoncurrent`	$5.55M	USD	Point-in-time
Total assets	`Assets`	$737.25M	USD	Point-in-time
Total assets	`Assets`	$718.90M	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$19.39M	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$20.95M	USD	Point-in-time
Current portion of note payable	`NotesPayableCurrent`	$390.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$24.61M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$21.84M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$14.91M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$17.03M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$21.97M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$19.44M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$28.57M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$52.47M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$109.19M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$132.38M	USD	Point-in-time
Capital lease obligations, net of current portion	`CapitalLeaseObligationsNoncurrent`	$16.65M	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`	$8.60M	USD	Point-in-time
Deferred rent, net of current portion	`DeferredRentCreditNoncurrent`	$8.83M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$33.30M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$28.69M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.30M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.51M	USD	Point-in-time
Total liabilities	`Liabilities`	$169.94M	USD	Point-in-time
Total liabilities	`Liabilities`	$188.62M	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; 41,138,238 and 37,440,662 shares issued and 39,895,938 and 37,440,662 outstanding at March 31, 2014 and June 30, 2013, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Common stock, par value $0.0001; 100,000,000 shares authorized; 41,138,238 and 37,440,662 shares issued and 39,895,938 and 37,440,662 outstanding at March 31, 2014 and June 30, 2013, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$630.53M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$548.39M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-54.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-294.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-81.05M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-73.81M	USD	Point-in-time
Treasury stock of 1,242,300 and zero shares at cost at March 31, 2014 and June 30, 2013, respectively	`TreasuryStockValue`	$26.62M	USD	Point-in-time
Total K12 Inc. stockholders' equity	`StockholdersEquity`	$530.16M	USD	Point-in-time
Total K12 Inc. stockholders' equity	`StockholdersEquity`	$530.05M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$3.39M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$3.60M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$533.44M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$533.76M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$737.25M	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`	$235.22M	USD	1 Quarter
Revenues	`Revenues`	$645.13M	USD	3 Qtrs
Revenues	`Revenues`	$218.01M	USD	1 Quarter
Revenues	`Revenues`	$687.51M	USD	3 Qtrs
Instructional costs and services	`CostOfServices`	$427.17M	USD	3 Qtrs
Instructional costs and services	`CostOfServices`	$369.20M	USD	3 Qtrs
Instructional costs and services	`CostOfServices`	$127.76M	USD	1 Quarter
Instructional costs and services	`CostOfServices`	$140.59M	USD	1 Quarter
Selling, administrative, and other operating expenses	`SellingGeneralAndAdministrativeExpense`	$216.83M	USD	3 Qtrs
Selling, administrative, and other operating expenses	`SellingGeneralAndAdministrativeExpense`	$64.41M	USD	1 Quarter
Selling, administrative, and other operating expenses	`SellingGeneralAndAdministrativeExpense`	$65.83M	USD	1 Quarter
Selling, administrative, and other operating expenses	`SellingGeneralAndAdministrativeExpense`	$238.41M	USD	3 Qtrs
Product development expenses	`ResearchAndDevelopmentExpense`	$11.92M	USD	3 Qtrs
Product development expenses	`ResearchAndDevelopmentExpense`	$5.07M	USD	1 Quarter
Product development expenses	`ResearchAndDevelopmentExpense`	$14.82M	USD	3 Qtrs
Product development expenses	`ResearchAndDevelopmentExpense`	$2.83M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$677.49M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$600.85M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$198.66M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$207.84M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$10.02M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$44.28M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$19.35M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$27.39M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-125.00K	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-807.00K	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-12.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-306.00K	USD	1 Quarter
Income before income tax expense and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$9.89M	USD	3 Qtrs
Income before income tax expense and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$19.05M	USD	1 Quarter
Income before income tax expense and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$27.37M	USD	1 Quarter
Income before income tax expense and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$43.48M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$18.20M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$3.73M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$11.86M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$7.63M	USD	1 Quarter
Net income	`ProfitLoss`	$11.42M	USD	1 Quarter
Net income	`ProfitLoss`	$6.16M	USD	3 Qtrs
Net income	`ProfitLoss`	$15.51M	USD	1 Quarter
Net income	`ProfitLoss`	$25.28M	USD	3 Qtrs
Adjust net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-555.00K	USD	1 Quarter
Adjust net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.08M	USD	3 Qtrs
Adjust net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-559.00K	USD	3 Qtrs
Adjust net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-437.00K	USD	1 Quarter
Net income attributable to common stockholders, including Series A stockholders	`NetIncomeLoss`	$11.97M	USD	1 Quarter
Net income attributable to common stockholders, including Series A stockholders	`NetIncomeLoss`	$25.84M	USD	3 Qtrs
Net income attributable to common stockholders, including Series A stockholders	`NetIncomeLoss`	$15.95M	USD	1 Quarter
Net income attributable to common stockholders, including Series A stockholders	`NetIncomeLoss`	$7.24M	USD	3 Qtrs
Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.19	USD	3 Qtrs
Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.31	USD	1 Quarter
Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.66	USD	3 Qtrs
Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.40	USD	1 Quarter
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	39.14M	shares	3 Qtrs
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	39.60M	shares	1 Quarter
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	36.28M	shares	1 Quarter
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	36.14M	shares	3 Qtrs

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$11.42M	USD	1 Quarter
Net income	`ProfitLoss`	$6.16M	USD	3 Qtrs
Net income	`ProfitLoss`	$15.51M	USD	1 Quarter
Net income	`ProfitLoss`	$25.28M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$69.49M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$48.18M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$16.20M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$9.83M	USD	3 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$-472.00K	USD	3 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$4.41M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxNoncashExpenseBenefit`	$122.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxNoncashExpenseBenefit`	$16.35M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$1.21M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$1.81M	USD	3 Qtrs
Provision for excess and obsolete inventory	`InventoryWriteDown`	$4.16M	USD	3 Qtrs
Provision for excess and obsolete inventory	`InventoryWriteDown`	$272.00K	USD	3 Qtrs
Provision (benefit) for student computer shrinkage and obsolescence	`ProvisionForStudentComputerShrinkageAndObsolescence`	$439.00K	USD	3 Qtrs
Provision (benefit) for student computer shrinkage and obsolescence	`ProvisionForStudentComputerShrinkageAndObsolescence`	$-555.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$75.55M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$51.55M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-18.94M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-8.24M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$9.92M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$39.00K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-992.00K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$3.91M	USD	3 Qtrs
Deposits and other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$351.00K	USD	3 Qtrs
Deposits and other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$142.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.98M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.76M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.17M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$12.23M	USD	3 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-2.54M	USD	3 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$2.33M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$24.09M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$23.54M	USD	3 Qtrs
Release of restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-1.50M	USD	3 Qtrs
Deferred rent and other liabilities	`IncreaseDecreaseInDeferredRentAndOtherLongTermLiabilities`	$-454.00K	USD	3 Qtrs
Deferred rent and other liabilities	`IncreaseDecreaseInDeferredRentAndOtherLongTermLiabilities`	$1.67M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$59.22M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$81.51M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.26M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.32M	USD	3 Qtrs
Capitalized software development costs	`PaymentsForSoftware`	$18.49M	USD	3 Qtrs
Capitalized software development costs	`PaymentsForSoftware`	$17.87M	USD	3 Qtrs
Capitalized curriculum development costs	`PaymentsToCapitalizedCurriculumDevelopmentCosts`	$13.60M	USD	3 Qtrs
Capitalized curriculum development costs	`PaymentsToCapitalizedCurriculumDevelopmentCosts`	$11.32M	USD	3 Qtrs
Mortgage note to managed school partner	`PaymentsToAcquireMortgageNotesReceivable`	$2.10M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-36.73M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-38.23M	USD	3 Qtrs
Repayments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$16.99M	USD	3 Qtrs
Repayments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$14.67M	USD	3 Qtrs
Repayments on note payable	`RepaymentsOfNotesPayable`	$1.18M	USD	3 Qtrs
Repayments on note payable	`RepaymentsOfNotesPayable`	$390.00K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.03M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$8.44M	USD	3 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$-472.00K	USD	3 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$4.41M	USD	3 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$26.62M	USD	3 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$20.70M	USD	1 Quarter
Retirement of restricted stock for tax withholding	`RepurchaseOfRestrictedStockForIncomeTaxWithholding`	$4.27M	USD	3 Qtrs
Retirement of restricted stock for tax withholding	`RepurchaseOfRestrictedStockForIncomeTaxWithholding`	$1.82M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-10.23M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-40.30M	USD	3 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$879.00K	USD	3 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$57.00K	USD	3 Qtrs
Net change in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$3.85M	USD	3 Qtrs
Net change in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$12.32M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$144.65M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$156.97M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$185.33M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$181.48M	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`	$156.97M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$185.33M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$181.48M	USD	Point-in-time

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Redeemable noncontrolling interest related to Middlebury Interactive Languages	`MinorityInterestInNetIncomeLossJointVenturePartners`	$900.00K	USD	3 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$533.44M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$533.76M	USD	Point-in-time
Net income	`ProfitLossExcludingRedeemableNoncontrollingInterest`	$7.04M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$240.00K	USD	3 Qtrs
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$26.62M	USD	3 Qtrs
Purchase of treasury stock (in shares)	`TreasuryStockSharesAcquired`	1.24M	shares	3 Qtrs
Purchase of treasury stock (in shares)	`TreasuryStockSharesAcquired`	958,100.00	shares	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.20M	USD	3 Qtrs
Exercise of stock options	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$8.44M	USD	3 Qtrs
Excess tax benefit from stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$-472.00K	USD	3 Qtrs
Accretion of redeemable noncontrolling interests to estimated redemption value	`AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock`	$870.00K	USD	3 Qtrs
Retirement of restricted stock for tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.27M	USD	3 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$533.44M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$533.76M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$11.42M	USD	1 Quarter
Net income	`ProfitLoss`	$6.16M	USD	3 Qtrs
Net income	`ProfitLoss`	$15.51M	USD	1 Quarter
Net income	`ProfitLoss`	$25.28M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$47.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-426.00K	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$240.00K	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-276.00K	USD	1 Quarter
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$6.40M	USD	3 Qtrs
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$24.86M	USD	3 Qtrs
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$15.56M	USD	1 Quarter
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$11.14M	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-555.00K	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-437.00K	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-559.00K	USD	3 Qtrs
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.08M	USD	3 Qtrs
Comprehensive income attributable to common stockholders, including Series A stockholders	`ComprehensiveIncomeNetOfTax`	$7.48M	USD	3 Qtrs
Comprehensive income attributable to common stockholders, including Series A stockholders	`ComprehensiveIncomeNetOfTax`	$16.00M	USD	1 Quarter
Comprehensive income attributable to common stockholders, including Series A stockholders	`ComprehensiveIncomeNetOfTax`	$11.70M	USD	1 Quarter
Comprehensive income attributable to common stockholders, including Series A stockholders	`ComprehensiveIncomeNetOfTax`	$25.42M	USD	3 Qtrs

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