10-Q Filing

Stride, Inc. CIK: 1157408 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001104659-15-005389`
Period End Date	20141231
Filing Date	20150129
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	lrn-20141231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 64 Cash Flow Statement 75 Stockholders Equity 15 Comprehensive Income 20

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance (in dollars)	`AllowanceForDoubtfulAccountsReceivable`	$3.46M	USD	Point-in-time
Accounts receivable, allowance (in dollars)	`AllowanceForDoubtfulAccountsReceivable`	$4.06M	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`	$124.23M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$181.48M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$162.89M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$196.11M	USD	Point-in-time
Accounts receivable, net of allowance of $4,060 and $3,460 at December 31, 2014 and June 30, 2014, respectively	`AccountsReceivableNetCurrent`	$266.76M	USD	Point-in-time
Accounts receivable, net of allowance of $4,060 and $3,460 at December 31, 2014 and June 30, 2014, respectively	`AccountsReceivableNetCurrent`	$194.68M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	41.14M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	41.84M	shares	Point-in-time
Inventories, net	`InventoryNet`	$19.52M	USD	Point-in-time
Inventories, net	`InventoryNet`	$33.83M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	38.34M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	38.95M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	3.50M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.20M	shares	Point-in-time
Current portion of deferred tax asset	`DeferredTaxAssetsLiabilitiesNetCurrent`	$3.97M	USD	Point-in-time
Current portion of deferred tax asset	`DeferredTaxAssetsLiabilitiesNetCurrent`	$7.73M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$11.61M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$7.36M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$29.06M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$25.50M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$455.14M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$465.20M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentExcludingSoftwareDevelopmentCostsNet`	$48.58M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentExcludingSoftwareDevelopmentCostsNet`	$48.13M	USD	Point-in-time
Capitalized software, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationsUsedInternallyNet`	$56.88M	USD	Point-in-time
Capitalized software, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationsUsedInternallyNet`	$49.92M	USD	Point-in-time
Capitalized curriculum development costs, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationUsedInternallyCurriculumContentNet`	$60.78M	USD	Point-in-time
Capitalized curriculum development costs, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationUsedInternallyCurriculumContentNet`	$59.57M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$23.71M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$22.46M	USD	Point-in-time
Goodwill	`Goodwill`	$58.09M	USD	Point-in-time
Goodwill	`Goodwill`	$67.24M	USD	Point-in-time
Deposits and other assets	`OtherAssetsNoncurrent`	$5.85M	USD	Point-in-time
Deposits and other assets	`OtherAssetsNoncurrent`	$5.39M	USD	Point-in-time
Total assets	`Assets`	$711.67M	USD	Point-in-time
Total assets	`Assets`	$715.28M	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$20.49M	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$18.25M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$16.63M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$30.98M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$20.54M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$10.15M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$17.40M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$19.09M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$24.35M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$63.63M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$127.76M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$113.76M	USD	Point-in-time
Capital lease obligations, net of current portion	`CapitalLeaseObligationsNoncurrent`	$16.45M	USD	Point-in-time
Capital lease obligations, net of current portion	`CapitalLeaseObligationsNoncurrent`	$14.11M	USD	Point-in-time
Deferred rent, net of current portion	`DeferredRentCreditNoncurrent`	$8.19M	USD	Point-in-time
Deferred rent, net of current portion	`DeferredRentCreditNoncurrent`	$8.49M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$22.48M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$24.22M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$7.42M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$4.76M	USD	Point-in-time
Total liabilities	`Liabilities`	$165.94M	USD	Point-in-time
Total liabilities	`Liabilities`	$181.69M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$19.80M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$16.80M	USD	Point-in-time
Common stock, par value $0.0001; 100,000,000 shares authorized; 41,841,573 and 41,144,062 shares issued and 38,338,975 and 38,948,666 shares outstanding at December 31, 2014 and June 30, 2014, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Common stock, par value $0.0001; 100,000,000 shares authorized; 41,841,573 and 41,144,062 shares issued and 38,338,975 and 38,948,666 shares outstanding at December 31, 2014 and June 30, 2014, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$645.90M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$639.04M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.23M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-112.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-55.89M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-61.45M	USD	Point-in-time
Treasury stock of 3,502,598 and 2,195,196 shares at cost at September 30, 2014 and June 30, 2014, respectively	`TreasuryStockValue`	$75.00M	USD	Point-in-time
Treasury stock of 3,502,598 and 2,195,196 shares at cost at September 30, 2014 and June 30, 2014, respectively	`TreasuryStockValue`	$48.55M	USD	Point-in-time
Total K12 Inc. stockholders' equity	`StockholdersEquity`	$513.79M	USD	Point-in-time
Total K12 Inc. stockholders' equity	`StockholdersEquity`	$528.93M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$528.93M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$513.79M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$711.67M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$715.28M	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$452.29M	USD	2 Qtrs
Revenues	`Revenues`	$231.30M	USD	1 Quarter
Revenues	`Revenues`	$223.92M	USD	1 Quarter
Revenues	`Revenues`	$468.02M	USD	2 Qtrs
Instructional costs and services	`CostOfServices`	$145.03M	USD	1 Quarter
Instructional costs and services	`CostOfServices`	$286.57M	USD	2 Qtrs
Instructional costs and services	`CostOfServices`	$291.87M	USD	2 Qtrs
Instructional costs and services	`CostOfServices`	$153.67M	USD	1 Quarter
Selling, administrative, and other operating expenses	`SellingGeneralAndAdministrativeExpense`	$174.00M	USD	2 Qtrs
Selling, administrative, and other operating expenses	`SellingGeneralAndAdministrativeExpense`	$75.75M	USD	1 Quarter
Selling, administrative, and other operating expenses	`SellingGeneralAndAdministrativeExpense`	$162.10M	USD	2 Qtrs
Selling, administrative, and other operating expenses	`SellingGeneralAndAdministrativeExpense`	$62.56M	USD	1 Quarter
Product development expenses	`ResearchAndDevelopmentExpense`	$9.09M	USD	2 Qtrs
Product development expenses	`ResearchAndDevelopmentExpense`	$6.73M	USD	2 Qtrs
Product development expenses	`ResearchAndDevelopmentExpense`	$3.40M	USD	1 Quarter
Product development expenses	`ResearchAndDevelopmentExpense`	$3.25M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$469.66M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$210.83M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$232.83M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$460.70M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$-17.37M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$20.47M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$7.32M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$-8.91M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-28.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$182.00K	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-112.00K	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$151.00K	USD	1 Quarter
Income before income tax expense and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-8.94M	USD	1 Quarter
Income before income tax expense and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$20.62M	USD	1 Quarter
Income before income tax expense and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-17.48M	USD	2 Qtrs
Income before income tax expense and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.50M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$2.12M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$-4.68M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$8.66M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$-8.13M	USD	2 Qtrs
Net income	`ProfitLoss`	$-9.35M	USD	2 Qtrs
Net income	`ProfitLoss`	$5.37M	USD	2 Qtrs
Net income	`ProfitLoss`	$11.96M	USD	1 Quarter
Net income	`ProfitLoss`	$-4.25M	USD	1 Quarter
Adjust net (income) loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-643.00K	USD	2 Qtrs
Adjust net (income) loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-370.00K	USD	1 Quarter
Adjust net (income) loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-183.00K	USD	2 Qtrs
Adjust net (income) loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-586.00K	USD	1 Quarter
Net income attributable to common stockholders, including Series A stockholders	`NetIncomeLoss`	$-8.71M	USD	2 Qtrs
Net income attributable to common stockholders, including Series A stockholders	`NetIncomeLoss`	$5.56M	USD	2 Qtrs
Net income attributable to common stockholders, including Series A stockholders	`NetIncomeLoss`	$12.33M	USD	1 Quarter
Net income attributable to common stockholders, including Series A stockholders	`NetIncomeLoss`	$-3.67M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.15	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.09	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.33	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.22	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.15	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.22	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.33	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.09	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.95M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.10M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	39.98M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.40M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.16M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.95M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.60M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.98M	shares	1 Quarter

Cash Flow Statement 75 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$-9.35M	USD	2 Qtrs
Net income	`ProfitLoss`	$5.37M	USD	2 Qtrs
Net income	`ProfitLoss`	$11.96M	USD	1 Quarter
Net income	`ProfitLoss`	$-4.25M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$51.47M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$34.51M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$12.21M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$8.97M	USD	2 Qtrs
Excess tax expense (benefit) from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$-1.22M	USD	2 Qtrs
Excess tax expense (benefit) from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$-613.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxNoncashExpenseBenefit`	$-8.13M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxNoncashExpenseBenefit`	$5.50M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$717.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$836.00K	USD	2 Qtrs
Provision for excess and obsolete inventory	`InventoryWriteDown`	$4.12M	USD	2 Qtrs
Provision for excess and obsolete inventory	`InventoryWriteDown`	$459.00K	USD	2 Qtrs
Provision (benefit) for student computer shrinkage and obsolescence	`ProvisionForStudentComputerShrinkageAndObsolescence`	$-451.00K	USD	2 Qtrs
Provision (benefit) for student computer shrinkage and obsolescence	`ProvisionForStudentComputerShrinkageAndObsolescence`	$-226.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$72.42M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$68.78M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-13.86M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-16.91M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-1.26M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$4.25M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$3.56M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$3.51M	USD	2 Qtrs
Deposits and other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$466.00K	USD	2 Qtrs
Deposits and other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$227.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-14.38M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-5.31M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.48M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-10.98M	USD	2 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$1.68M	USD	2 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-1.44M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$32.15M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$39.63M	USD	2 Qtrs
Deferred rent and other liabilities	`IncreaseDecreaseInDeferredRentAndOtherLongTermLiabilities`	$178.00K	USD	2 Qtrs
Deferred rent and other liabilities	`IncreaseDecreaseInDeferredRentAndOtherLongTermLiabilities`	$2.48M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$7.63M	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`	$6.69M	USD	2 Qtrs
Capitalized software development costs	`PaymentsForSoftware`	$17.09M	USD	2 Qtrs
Capitalized software development costs	`PaymentsForSoftware`	$10.63M	USD	2 Qtrs
Capitalized curriculum development costs	`PaymentsToCapitalizedCurriculumDevelopmentCosts`	$7.65M	USD	2 Qtrs
Capitalized curriculum development costs	`PaymentsToCapitalizedCurriculumDevelopmentCosts`	$7.27M	USD	2 Qtrs
Investment in LearnBop Inc.	`PaymentsToAcquireInvestments`	$6.51M	USD	2 Qtrs
Mortgage note to managed school partner	`PaymentsToAcquireMortgageNotesReceivable`	$2.10M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-25.71M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-37.56M	USD	2 Qtrs
Repayments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$11.49M	USD	2 Qtrs
Repayments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$11.14M	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$5.88M	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$26.45M	USD	2 Qtrs
Repayments on note payable	`RepaymentsOfNotesPayable`	$390.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$7.62M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$161.00K	USD	2 Qtrs
Excess tax (expense) benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$-1.22M	USD	2 Qtrs
Excess tax (expense) benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$-613.00K	USD	2 Qtrs
Retirement of restricted stock for tax withholding	`RepurchaseOfRestrictedStockForIncomeTaxWithholding`	$3.22M	USD	2 Qtrs
Retirement of restricted stock for tax withholding	`RepurchaseOfRestrictedStockForIncomeTaxWithholding`	$1.47M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-14.24M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-39.86M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$808.00K	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-2.09M	USD	2 Qtrs
Net change in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-18.59M	USD	2 Qtrs
Net change in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-71.88M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$124.23M	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`	$162.89M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$196.11M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$124.23M	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`	$162.89M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$196.11M	USD	Point-in-time

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Redeemable noncontrolling interest related to Middlebury Interactive Languages and LearnBop	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$200.00K	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$528.93M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$513.79M	USD	Point-in-time
Net income	`ProfitLossExcludingRedeemableNoncontrollingInterest`	$5.56M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.11M	USD	2 Qtrs
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$26.45M	USD	2 Qtrs
Purchase of treasury stock (in shares)	`TreasuryStockSharesAcquired`	1.31M	shares	2 Qtrs
Purchase of treasury stock (in shares)	`TreasuryStockSharesAcquired`	3.50M	shares	Point-in-time
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.97M	USD	2 Qtrs
Exercise of stock options	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$161.00K	USD	2 Qtrs
Excess tax benefit from stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$-613.00K	USD	2 Qtrs
Accretion of redeemable noncontrolling interests to estimated redemption value	`AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock`	$183.00K	USD	2 Qtrs
Retirement of restricted stock for tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.47M	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$528.93M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$513.79M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$-9.35M	USD	2 Qtrs
Net income	`ProfitLoss`	$5.37M	USD	2 Qtrs
Net income	`ProfitLoss`	$11.96M	USD	1 Quarter
Net income	`ProfitLoss`	$-4.25M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-569.00K	USD	1 Quarter
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`	$-1.11M	USD	2 Qtrs
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$4.26M	USD	2 Qtrs
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-9.15M	USD	2 Qtrs
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$11.39M	USD	1 Quarter
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-4.16M	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-586.00K	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-370.00K	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-643.00K	USD	2 Qtrs
Comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-183.00K	USD	2 Qtrs
Comprehensive income attributable to common stockholders, including Series A stockholders	`ComprehensiveIncomeNetOfTax`	$-3.58M	USD	1 Quarter
Comprehensive income attributable to common stockholders, including Series A stockholders	`ComprehensiveIncomeNetOfTax`	$11.76M	USD	1 Quarter
Comprehensive income attributable to common stockholders, including Series A stockholders	`ComprehensiveIncomeNetOfTax`	$-8.51M	USD	2 Qtrs
Comprehensive income attributable to common stockholders, including Series A stockholders	`ComprehensiveIncomeNetOfTax`	$4.44M	USD	2 Qtrs

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