10-Q Filing

Stride, Inc. CIK: 1157408 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001104659-17-004356`
Period End Date	20161231
Filing Date	20170127
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	lrn-20161231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 64 Cash Flow Statement 73 Stockholders Equity 15 Comprehensive Income 20

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivable`	$10.81M	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivable`	$11.06M	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`	$182.15M	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`	$213.99M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$171.28M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	44.18M	shares	Point-in-time
Accounts receivable, net of allowance of $11,062 and $10,813 at December 31, 2016 and June 30, 2016, respectively	`AccountsReceivableNetCurrent`	$218.74M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	43.18M	shares	Point-in-time
Accounts receivable, net of allowance of $11,062 and $10,813 at December 31, 2016 and June 30, 2016, respectively	`AccountsReceivableNetCurrent`	$169.55M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	39.68M	shares	Point-in-time
Inventories, net	`InventoryNet`	$30.63M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	40.67M	shares	Point-in-time
Inventories, net	`InventoryNet`	$17.41M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	3.50M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$18.11M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$9.63M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	3.50M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$22.05M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$23.38M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$445.86M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$459.79M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentExcludingSoftwareDevelopmentCostsNet`	$28.43M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentExcludingSoftwareDevelopmentCostsNet`	$28.45M	USD	Point-in-time
Capitalized software, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationsUsedInternallyNet`	$66.73M	USD	Point-in-time
Capitalized software, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationsUsedInternallyNet`	$70.06M	USD	Point-in-time
Capitalized curriculum development costs, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationUsedInternallyCurriculumContentNet`	$62.92M	USD	Point-in-time
Capitalized curriculum development costs, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationUsedInternallyCurriculumContentNet`	$63.37M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$23.10M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$21.66M	USD	Point-in-time
Goodwill	`Goodwill`	$87.28M	USD	Point-in-time
Goodwill	`Goodwill`	$87.28M	USD	Point-in-time
Deposits and other assets	`OtherAssetsNoncurrent`	$10.68M	USD	Point-in-time
Deposits and other assets	`OtherAssetsNoncurrent`	$15.94M	USD	Point-in-time
Total assets	`Assets`	$734.05M	USD	Point-in-time
Total assets	`Assets`	$737.49M	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$13.21M	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$13.33M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$25.92M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$18.38M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$13.55M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$26.88M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$31.04M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$20.89M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$25.96M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$59.23M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$123.01M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$125.37M	USD	Point-in-time
Capital lease obligations, net of current portion	`CapitalLeaseObligationsNoncurrent`	$9.92M	USD	Point-in-time
Capital lease obligations, net of current portion	`CapitalLeaseObligationsNoncurrent`	$11.95M	USD	Point-in-time
Deferred rent, net of current portion	`DeferredRentCreditNoncurrent`	$6.12M	USD	Point-in-time
Deferred rent, net of current portion	`DeferredRentCreditNoncurrent`	$6.66M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$25.18M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$18.46M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$9.78M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$8.51M	USD	Point-in-time
Total liabilities	`Liabilities`	$177.14M	USD	Point-in-time
Total liabilities	`Liabilities`	$167.83M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$7.50M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$700.00K	USD	Point-in-time
Common stock, par value $0.0001; 100,000,000 shares authorized; 44,177,081 and 43,184,068 shares issued and 40,674,483 and 39,681,470 shares outstanding at December 31, 2016 and June 30, 2016, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Common stock, par value $0.0001; 100,000,000 shares authorized; 44,177,081 and 43,184,068 shares issued and 40,674,483 and 39,681,470 shares outstanding at December 31, 2016 and June 30, 2016, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$675.44M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$678.15M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$97.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-293.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-43.61M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-41.43M	USD	Point-in-time
Treasury stock of 3,502,598 shares at cost at December 31, 2016 and June 30, 2016	`TreasuryStockValue`	$75.00M	USD	Point-in-time
Treasury stock of 3,502,598 shares at cost at December 31, 2016 and June 30, 2016	`TreasuryStockValue`	$75.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$558.72M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$559.65M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$734.05M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$737.49M	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$430.04M	USD	2 Qtrs
Revenues	`Revenues`	$221.09M	USD	1 Quarter
Revenues	`Revenues`	$450.23M	USD	2 Qtrs
Revenues	`Revenues`	$208.81M	USD	1 Quarter
Instructional costs and services	`CostOfServices`	$268.62M	USD	2 Qtrs
Instructional costs and services	`CostOfServices`	$281.64M	USD	2 Qtrs
Instructional costs and services	`CostOfServices`	$129.62M	USD	1 Quarter
Instructional costs and services	`CostOfServices`	$137.54M	USD	1 Quarter
Selling, administrative, and other operating expenses	`SellingGeneralAndAdministrativeExpense`	$167.00M	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
Selling, administrative, and other operating expenses	`SellingGeneralAndAdministrativeExpense`	$62.35M	USD	1 Quarter
Product development expenses	`ResearchAndDevelopmentExpense`	$3.03M	USD	1 Quarter
Product development expenses	`ResearchAndDevelopmentExpense`	$6.44M	USD	2 Qtrs
Product development expenses	`ResearchAndDevelopmentExpense`	$2.87M	USD	1 Quarter
Product development expenses	`ResearchAndDevelopmentExpense`	$5.93M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$435.77M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$454.57M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$202.77M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$194.08M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$14.73M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-4.35M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$18.32M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-5.73M	USD	2 Qtrs
Interest income (expense), net	`InterestIncomeExpenseNet`	$-495.00K	USD	2 Qtrs
Interest income (expense), net	`InterestIncomeExpenseNet`	$606.00K	USD	2 Qtrs
Interest income (expense), net	`InterestIncomeExpenseNet`	$-190.00K	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNet`	$264.00K	USD	1 Quarter
Income (loss) before income taxes and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$18.59M	USD	1 Quarter
Income (loss) before income taxes and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.74M	USD	2 Qtrs
Income (loss) before income taxes and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-6.22M	USD	2 Qtrs
Income (loss) before income taxes and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$14.54M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$6.65M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-1.00M	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-1.44M	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$7.69M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$10.90M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$7.88M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-2.74M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-4.78M	USD	2 Qtrs
Add net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-525.00K	USD	2 Qtrs
Add net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-654.00K	USD	1 Quarter
Add net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-557.00K	USD	2 Qtrs
Add net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-753.00K	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$-4.25M	USD	2 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$11.65M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$8.54M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$-2.18M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.06	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.23	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.11	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.31	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.11	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.06	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.23	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.30	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.50M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.56M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.02M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.10M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.50M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.01M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.68M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.02M	shares	2 Qtrs

Cash Flow Statement 73 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$10.90M	USD	1 Quarter
Net loss	`ProfitLoss`	$7.88M	USD	1 Quarter
Net loss	`ProfitLoss`	$-2.74M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-4.78M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$36.38M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$33.03M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$9.29M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$9.54M	USD	2 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$250.00K	USD	2 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$6.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$4.12M	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`	$273.00K	USD	2 Qtrs
Provision for excess and obsolete inventory	`InventoryWriteDown`	$456.00K	USD	2 Qtrs
Provision for excess and obsolete inventory	`InventoryWriteDown`	$497.00K	USD	2 Qtrs
Provision for student computer shrinkage and obsolescence	`ProvisionForStudentComputerShrinkageAndObsolescence`	$265.00K	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
Expensed computer peripherals	`CostOfComputerPeripherals`	$2.73M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$44.10M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$49.45M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-11.26M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-12.72M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$8.48M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$9.81M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$1.33M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$228.00K	USD	2 Qtrs
Deposits and other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-5.65M	USD	2 Qtrs
Deposits and other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$42.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-13.06M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-7.54M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.06M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-13.19M	USD	2 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-10.15M	USD	2 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-9.49M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$33.26M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$32.16M	USD	2 Qtrs
Deferred rent and other liabilities	`IncreaseDecreaseInDeferredRentAndOtherLongTermLiabilities`	$-31.00K	USD	2 Qtrs
Deferred rent and other liabilities	`IncreaseDecreaseInDeferredRentAndOtherLongTermLiabilities`	$-1.82M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$10.25M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$12.95M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.28M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.02M	USD	2 Qtrs
Capitalized software development costs	`PaymentsForSoftware`	$13.45M	USD	2 Qtrs
Capitalized software development costs	`PaymentsForSoftware`	$16.93M	USD	2 Qtrs
Capitalized curriculum development costs	`PaymentsToCapitalizedCurriculumDevelopmentCosts`	$6.87M	USD	2 Qtrs
Capitalized curriculum development costs	`PaymentsToCapitalizedCurriculumDevelopmentCosts`	$9.14M	USD	2 Qtrs
Purchase of noncontrolling interest	`PaymentsToMinorityShareholders`	$9.13M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-33.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-25.82M	USD	2 Qtrs
Repayments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$9.37M	USD	2 Qtrs
Repayments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$8.12M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$14.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$437.00K	USD	2 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$6.00K	USD	2 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$250.00K	USD	2 Qtrs
Repurchase of restricted stock for income tax withholding	`RepurchaseOfRestrictedStockForIncomeTaxWithholding`	$2.34M	USD	2 Qtrs
Repurchase of restricted stock for income tax withholding	`RepurchaseOfRestrictedStockForIncomeTaxWithholding`	$1.65M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-9.08M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-11.69M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-18.00K	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`	$-31.84M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-24.57M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$182.15M	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`	$213.99M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$171.28M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$182.15M	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`	$213.99M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$171.28M	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`	$600.00K	USD	2 Qtrs
Balance	`StockholdersEquity`	$558.72M	USD	Point-in-time
Balance	`StockholdersEquity`	$559.65M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-4.25M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$11.65M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$8.54M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.18M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$390.00K	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.29M	USD	2 Qtrs
Exercise of stock options	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$437.00K	USD	2 Qtrs
Excess tax benefit from stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalIncomeTaxDeficiencyFromShareBasedCompensation`	$2.47M	USD	2 Qtrs
Accretion of redeemable noncontrolling interests to estimated redemption value	`AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock`	$2.89M	USD	2 Qtrs
Retirement of restricted stock for tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.65M	USD	2 Qtrs
Balance	`StockholdersEquity`	$558.72M	USD	Point-in-time
Balance	`StockholdersEquity`	$559.65M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$10.90M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$7.88M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-2.74M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-4.78M	USD	2 Qtrs
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`	$238.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$390.00K	USD	2 Qtrs
Total other comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-2.35M	USD	2 Qtrs
Total other comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-4.51M	USD	2 Qtrs
Total other comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$11.14M	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$8.00M	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-654.00K	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-557.00K	USD	2 Qtrs
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-525.00K	USD	2 Qtrs
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-753.00K	USD	1 Quarter
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$8.66M	USD	1 Quarter
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$-1.79M	USD	2 Qtrs
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$-3.98M	USD	2 Qtrs
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$11.89M	USD	1 Quarter

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