10-Q Filing

Stride, Inc. CIK: 1157408 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001104659-16-092164`
Period End Date	20151231
Filing Date	20160128
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	lrn-20151231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 60 Cash Flow Statement 73 Stockholders Equity 12 Comprehensive Income 20

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivable`	$9.84M	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivable`	$9.66M	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$124.23M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$171.28M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$195.85M	USD	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 $9,842 and $9,657 at December 31, 2015 and June 30, 2015, respectively	`AccountsReceivableNetCurrent`	$229.59M	USD	Point-in-time
Accounts receivable, net of allowance of $9,842 and $9,657 at December 31, 2015 and June 30, 2015, respectively	`AccountsReceivableNetCurrent`	$188.25M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	41.84M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	42.42M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	38.34M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	38.92M	shares	Point-in-time
Inventories, net	`InventoryNet`	$17.86M	USD	Point-in-time
Inventories, net	`InventoryNet`	$29.57M	USD	Point-in-time
Deferred tax asset	`DeferredTaxAssetsLiabilitiesNetCurrent`	$8.99M	USD	Point-in-time
Deferred tax asset	`DeferredTaxAssetsLiabilitiesNetCurrent`	$4.66M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	3.50M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	3.50M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$21.24M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$11.43M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$24.88M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$25.11M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$458.96M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$469.73M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentExcludingSoftwareDevelopmentCostsNet`	$28.66M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentExcludingSoftwareDevelopmentCostsNet`	$34.41M	USD	Point-in-time
Capitalized software, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationsUsedInternallyNet`	$62.68M	USD	Point-in-time
Capitalized software, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationsUsedInternallyNet`	$66.36M	USD	Point-in-time
Capitalized curriculum development costs, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationUsedInternallyCurriculumContentNet`	$58.70M	USD	Point-in-time
Capitalized curriculum development costs, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationUsedInternallyCurriculumContentNet`	$57.31M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$21.20M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$19.96M	USD	Point-in-time
Goodwill	`Goodwill`	$66.16M	USD	Point-in-time
Goodwill	`Goodwill`	$66.16M	USD	Point-in-time
Deposits and other assets	`OtherAssetsNoncurrent`	$6.81M	USD	Point-in-time
Deposits and other assets	`OtherAssetsNoncurrent`	$6.50M	USD	Point-in-time
Total assets	`Assets`	$714.99M	USD	Point-in-time
Total assets	`Assets`	$708.60M	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$14.37M	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$16.64M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$29.82M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$16.76M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$10.89M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$12.49M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$17.30M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$26.79M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$24.93M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$57.08M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$110.66M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$116.41M	USD	Point-in-time
Capital lease obligations, net of current portion	`CapitalLeaseObligationsNoncurrent`	$13.02M	USD	Point-in-time
Capital lease obligations, net of current portion	`CapitalLeaseObligationsNoncurrent`	$10.06M	USD	Point-in-time
Deferred rent, net of current portion	`DeferredRentCreditNoncurrent`	$7.18M	USD	Point-in-time
Deferred rent, net of current portion	`DeferredRentCreditNoncurrent`	$7.69M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$27.53M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$22.46M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$8.71M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$8.23M	USD	Point-in-time
Total liabilities	`Liabilities`	$169.89M	USD	Point-in-time
Total liabilities	`Liabilities`	$162.06M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$9.60M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$9.80M	USD	Point-in-time
Common stock, par value $0.0001; 100,000,000 shares authorized; 42,423,963 and 41,837,894 shares issued and 38,921,365 and 38,335,296 shares outstanding at December 31, 2015 and June 30, 2015, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Common stock, par value $0.0001; 100,000,000 shares authorized; 42,423,963 and 41,837,894 shares issued and 38,921,365 and 38,335,296 shares outstanding at December 31, 2015 and June 30, 2015, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$663.46M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$665.81M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.06M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-791.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-54.72M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-50.46M	USD	Point-in-time
Treasury stock of 3,502,598 shares at cost at December 31, 2015 and June 30, 2015	`TreasuryStockValue`	$75.00M	USD	Point-in-time
Treasury stock of 3,502,598 shares at cost at December 31, 2015 and June 30, 2015	`TreasuryStockValue`	$75.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$535.30M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$536.94M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$708.60M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$714.99M	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$231.30M	USD	1 Quarter
Revenues	`Revenues`	$430.04M	USD	2 Qtrs
Revenues	`Revenues`	$208.81M	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`	$291.87M	USD	2 Qtrs
Instructional costs and services	`CostOfServices`	$129.62M	USD	1 Quarter
Instructional costs and services	`CostOfServices`	$268.62M	USD	2 Qtrs
Selling, administrative, and other operating expenses	`SellingGeneralAndAdministrativeExpense`	$62.56M	USD	1 Quarter
Selling, administrative, and other operating expenses	`SellingGeneralAndAdministrativeExpense`	$162.10M	USD	2 Qtrs
Selling, administrative, and other operating expenses	`SellingGeneralAndAdministrativeExpense`	$61.44M	USD	1 Quarter
Selling, administrative, and other operating expenses	`SellingGeneralAndAdministrativeExpense`	$160.71M	USD	2 Qtrs
Product development expenses	`ResearchAndDevelopmentExpense`	$3.03M	USD	1 Quarter
Product development expenses	`ResearchAndDevelopmentExpense`	$6.44M	USD	2 Qtrs
Product development expenses	`ResearchAndDevelopmentExpense`	$6.73M	USD	2 Qtrs
Product development expenses	`ResearchAndDevelopmentExpense`	$3.25M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$194.08M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$460.70M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$435.77M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$210.83M	USD	1 Quarter
Total (loss) from operations	`OperatingIncomeLoss`	$14.73M	USD	1 Quarter
Total (loss) from operations	`OperatingIncomeLoss`	$7.32M	USD	2 Qtrs
Total (loss) from operations	`OperatingIncomeLoss`	$-5.73M	USD	2 Qtrs
Total (loss) from operations	`OperatingIncomeLoss`	$20.47M	USD	1 Quarter
Interest (expense) income, net	`InterestIncomeExpenseNet`	$151.00K	USD	1 Quarter
Interest (expense) income, net	`InterestIncomeExpenseNet`	$-495.00K	USD	2 Qtrs
Interest (expense) income, net	`InterestIncomeExpenseNet`	$182.00K	USD	2 Qtrs
Interest (expense) income, net	`InterestIncomeExpenseNet`	$-190.00K	USD	1 Quarter
Income (loss) before income tax expense and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-6.22M	USD	2 Qtrs
Income (loss) before income tax expense and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.50M	USD	2 Qtrs
Income (loss) before income tax expense and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$20.62M	USD	1 Quarter
Income (loss) before income tax expense and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$14.54M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$8.66M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-1.44M	USD	2 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$2.12M	USD	2 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$6.65M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$7.88M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$11.96M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$5.37M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-4.78M	USD	2 Qtrs
Adjust net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-654.00K	USD	1 Quarter
Adjust net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-370.00K	USD	1 Quarter
Adjust net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-183.00K	USD	2 Qtrs
Adjust net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-525.00K	USD	2 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$12.33M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$-4.25M	USD	2 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$8.54M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$5.56M	USD	2 Qtrs
Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.23	USD	1 Quarter
Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.33	USD	1 Quarter
Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.11	USD	2 Qtrs
Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.15	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.56M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.50M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.40M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.10M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.68M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.60M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.16M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.50M	shares	2 Qtrs

Cash Flow Statement 73 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$7.88M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$11.96M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$5.37M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$-4.78M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$34.51M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$33.03M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$9.54M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$8.97M	USD	2 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$7.00K	USD	2 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$6.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$5.20M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$5.75M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$2.77M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$836.00K	USD	2 Qtrs
Provision for excess and obsolete inventory	`InventoryWriteDown`	$459.00K	USD	2 Qtrs
Provision for excess and obsolete inventory	`InventoryWriteDown`	$456.00K	USD	2 Qtrs
Provision for student computer shrinkage and obsolescence	`ProvisionForStudentComputerShrinkageAndObsolescence`	$-226.00K	USD	2 Qtrs
Provision for student computer shrinkage and obsolescence	`ProvisionForStudentComputerShrinkageAndObsolescence`	$-389.00K	USD	2 Qtrs
Expensed computer peripherals	`CostOfComputerPeripherals`	$2.00M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$72.42M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$44.10M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-11.26M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-13.86M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$4.25M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$9.81M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$228.00K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$3.56M	USD	2 Qtrs
Deposits and other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$42.00K	USD	2 Qtrs
Deposits and other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$466.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-14.38M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-13.06M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.06M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-10.68M	USD	2 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$1.68M	USD	2 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-9.49M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$32.16M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$39.63M	USD	2 Qtrs
Deferred rent and other liabilities	`IncreaseDecreaseInDeferredRentAndOtherLongTermLiabilities`	$2.48M	USD	2 Qtrs
Deferred rent and other liabilities	`IncreaseDecreaseInDeferredRentAndOtherLongTermLiabilities`	$-31.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$7.01M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$12.95M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.69M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.02M	USD	2 Qtrs
Capitalized software development costs	`PaymentsForSoftware`	$16.93M	USD	2 Qtrs
Capitalized software development costs	`PaymentsForSoftware`	$17.09M	USD	2 Qtrs
Capitalized curriculum development costs	`PaymentsToCapitalizedCurriculumDevelopmentCosts`	$6.87M	USD	2 Qtrs
Capitalized curriculum development costs	`PaymentsToCapitalizedCurriculumDevelopmentCosts`	$7.27M	USD	2 Qtrs
Investment in LearnBop Inc.	`PaymentsToAcquireInvestments`	$6.51M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-25.82M	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`	$9.37M	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$26.45M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$14.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$161.00K	USD	2 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$7.00K	USD	2 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$6.00K	USD	2 Qtrs
Retirement of restricted stock for income tax withholding	`RetirementOfRestrictedStockForIncomeTaxWithholding`	$1.47M	USD	2 Qtrs
Retirement of restricted stock for income tax withholding	`RetirementOfRestrictedStockForIncomeTaxWithholding`	$2.34M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-11.69M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-39.24M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-2.09M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-18.00K	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-24.57M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-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`	$171.28M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$195.85M	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`	$171.28M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$195.85M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$196.11M	USD	Point-in-time

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Redeemable noncontrolling interest related to Middlebury Interactive Languages and LearnBop	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$500.00K	USD	2 Qtrs
Balance	`StockholdersEquity`	$535.30M	USD	Point-in-time
Balance	`StockholdersEquity`	$536.94M	USD	Point-in-time
Net Income	`ProfitLossExcludingRedeemableNoncontrollingInterest`	$-4.25M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$274.00K	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.54M	USD	2 Qtrs
Exercise of stock options	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$14.00K	USD	2 Qtrs
Excess tax from stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalIncomeTaxDeficiencyFromShareBasedCompensation`	$4.14M	USD	2 Qtrs
Accretion of redeemable noncontrolling interests to estimated redemption value	`AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock`	$726.00K	USD	2 Qtrs
Retirement of restricted stock for tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.34M	USD	2 Qtrs
Balance	`StockholdersEquity`	$535.30M	USD	Point-in-time
Balance	`StockholdersEquity`	$536.94M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$7.88M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$11.96M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$5.37M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-4.78M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-569.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$120.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$274.00K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.11M	USD	2 Qtrs
Total other comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$4.26M	USD	2 Qtrs
Total other comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$8.00M	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$11.39M	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-4.51M	USD	2 Qtrs
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-654.00K	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-525.00K	USD	2 Qtrs
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-370.00K	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-183.00K	USD	2 Qtrs
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$-3.98M	USD	2 Qtrs
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$11.76M	USD	1 Quarter
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$4.44M	USD	2 Qtrs
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$8.66M	USD	1 Quarter

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