10-Q Filing

Stride, Inc. CIK: 1157408 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001558370-17-003013`
Period End Date	20170331
Filing Date	20170428
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	lrn-20170331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 64 Cash Flow Statement 74 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`	$14.47M	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`	$199.51M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$213.99M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$194.71M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	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
Accounts receivable, net of allowance of $14,475 and $10,813 at March 31, 2017 and June 30, 2016 respectively	`AccountsReceivableNetCurrent`	$225.78M	USD	Point-in-time
Accounts receivable, net of allowance of $14,475 and $10,813 at March 31, 2017 and June 30, 2016 respectively	`AccountsReceivableNetCurrent`	$169.55M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	44.06M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	43.18M	shares	Point-in-time
Inventories, net	`InventoryNet`	$30.63M	USD	Point-in-time
Inventories, net	`InventoryNet`	$18.79M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	40.56M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	39.68M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$9.63M	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`	$15.45M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$22.05M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$24.83M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$479.56M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$445.86M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentExcludingSoftwareDevelopmentCostsNet`	$28.45M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentExcludingSoftwareDevelopmentCostsNet`	$25.98M	USD	Point-in-time
Capitalized software, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationsUsedInternallyNet`	$70.06M	USD	Point-in-time
Capitalized software, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationsUsedInternallyNet`	$64.23M	USD	Point-in-time
Capitalized curriculum development costs, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationUsedInternallyCurriculumContentNet`	$60.96M	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`	$20.95M	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`	$15.94M	USD	Point-in-time
Deposits and other assets	`OtherAssetsNoncurrent`	$6.46M	USD	Point-in-time
Total assets	`Assets`	$734.05M	USD	Point-in-time
Total assets	`Assets`	$745.42M	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$13.27M	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$13.21M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$25.92M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$16.11M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$17.82M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$26.88M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$25.12M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$31.04M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$25.96M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$50.80M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$123.01M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$123.11M	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`	$11.96M	USD	Point-in-time
Deferred rent, net of current portion	`DeferredRentCreditNoncurrent`	$6.66M	USD	Point-in-time
Deferred rent, net of current portion	`DeferredRentCreditNoncurrent`	$4.37M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$22.36M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$18.46M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$10.95M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$9.78M	USD	Point-in-time
Total liabilities	`Liabilities`	$172.74M	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`	$700.00K	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$7.50M	USD	Point-in-time
Common stock, par value $0.0001; 100,000,000 shares authorized; 44,061,275 and 43,184,068 shares issued and 40,558,677 and 39,681,470 shares outstanding at March 31, 2017 and June 30, 2016 respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Common stock, par value $0.0001; 100,000,000 shares authorized; 44,061,275 and 43,184,068 shares issued and 40,558,677 and 39,681,470 shares outstanding at March 31, 2017 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`	$681.43M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$36.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-293.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-41.43M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-34.49M	USD	Point-in-time
Treasury stock of 3,502,598 shares at cost at March 31, 2017 and June 30, 2016	`TreasuryStockValue`	$75.00M	USD	Point-in-time
Treasury stock of 3,502,598 shares at cost at March 31, 2017 and June 30, 2016	`TreasuryStockValue`	$75.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$571.98M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$558.72M	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`	$745.42M	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$672.76M	USD	3 Qtrs
Revenues	`Revenues`	$222.53M	USD	1 Quarter
Revenues	`Revenues`	$651.38M	USD	3 Qtrs
Revenues	`Revenues`	$221.34M	USD	1 Quarter
Instructional costs and services	`CostOfServices`	$134.75M	USD	1 Quarter
Instructional costs and services	`CostOfServices`	$403.37M	USD	3 Qtrs
Instructional costs and services	`CostOfServices`	$418.07M	USD	3 Qtrs
Instructional costs and services	`CostOfServices`	$136.43M	USD	1 Quarter
Selling, administrative, and other operating expenses	`SellingGeneralAndAdministrativeExpense`	$225.60M	USD	3 Qtrs
Selling, administrative, and other operating expenses	`SellingGeneralAndAdministrativeExpense`	$64.89M	USD	1 Quarter
Selling, administrative, and other operating expenses	`SellingGeneralAndAdministrativeExpense`	$69.83M	USD	1 Quarter
Selling, administrative, and other operating expenses	`SellingGeneralAndAdministrativeExpense`	$236.83M	USD	3 Qtrs
Product development expenses	`ResearchAndDevelopmentExpense`	$2.56M	USD	1 Quarter
Product development expenses	`ResearchAndDevelopmentExpense`	$9.00M	USD	3 Qtrs
Product development expenses	`ResearchAndDevelopmentExpense`	$9.45M	USD	3 Qtrs
Product development expenses	`ResearchAndDevelopmentExpense`	$3.51M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$637.98M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$202.21M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$209.77M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$664.34M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$12.76M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$19.13M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$13.40M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$8.42M	USD	3 Qtrs
Interest income (expense), net	`InterestIncomeExpenseNet`	$-596.00K	USD	3 Qtrs
Interest income (expense), net	`InterestIncomeExpenseNet`	$1.25M	USD	3 Qtrs
Interest income (expense), net	`InterestIncomeExpenseNet`	$-101.00K	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNet`	$641.00K	USD	1 Quarter
Income before income taxes and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$9.66M	USD	3 Qtrs
Income before income taxes and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$19.03M	USD	1 Quarter
Income before income taxes and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$12.81M	USD	3 Qtrs
Income before income taxes and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$13.40M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$3.52M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$3.92M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$4.52M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$5.37M	USD	1 Quarter
Net income	`ProfitLoss`	$6.14M	USD	3 Qtrs
Net income	`ProfitLoss`	$8.88M	USD	3 Qtrs
Net income	`ProfitLoss`	$13.66M	USD	1 Quarter
Net income	`ProfitLoss`	$8.88M	USD	1 Quarter
Add net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-790.00K	USD	3 Qtrs
Add net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-608.00K	USD	1 Quarter
Add net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.13M	USD	3 Qtrs
Add net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-233.00K	USD	1 Quarter
Net income attributable to common stockholders	`NetIncomeLoss`	$10.02M	USD	3 Qtrs
Net income attributable to common stockholders	`NetIncomeLoss`	$6.93M	USD	3 Qtrs
Net income attributable to common stockholders	`NetIncomeLoss`	$14.27M	USD	1 Quarter
Net income attributable to common stockholders	`NetIncomeLoss`	$9.12M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.18	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.24	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.38	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.27	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.23	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.18	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.26	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.37	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.69M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.56M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.15M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.38M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.96M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.33M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.56M	shares	3 Qtrs

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$6.14M	USD	3 Qtrs
Net income	`ProfitLoss`	$8.88M	USD	3 Qtrs
Net income	`ProfitLoss`	$13.66M	USD	1 Quarter
Net income	`ProfitLoss`	$8.88M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$56.33M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$50.62M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$14.56M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$13.76M	USD	3 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$6.00K	USD	3 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$250.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-552.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-259.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$2.90M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$4.20M	USD	3 Qtrs
Provision for excess and obsolete inventory	`InventoryWriteDown`	$395.00K	USD	3 Qtrs
Provision for excess and obsolete inventory	`InventoryWriteDown`	$543.00K	USD	3 Qtrs
Provision for student computer shrinkage and obsolescence	`ProvisionForStudentComputerShrinkageAndObsolescence`	$256.00K	USD	3 Qtrs
Provision for student computer shrinkage and obsolescence	`ProvisionForStudentComputerShrinkageAndObsolescence`	$-422.00K	USD	3 Qtrs
Impairment loss on other assets	`OtherAssetImpairmentCharges`	$586.00K	USD	3 Qtrs
Expensed computer peripherals	`CostOfComputerPeripherals`	$2.53M	USD	3 Qtrs
Expensed computer peripherals	`CostOfComputerPeripherals`	$3.41M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$61.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$37.52M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-12.88M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-11.45M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$5.81M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$5.41M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-79.00K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$2.78M	USD	3 Qtrs
Deposits and other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-9.81M	USD	3 Qtrs
Deposits and other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$159.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-14.07M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-9.81M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$3.48M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-7.61M	USD	3 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-5.92M	USD	3 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$110.00K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$24.83M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$25.97M	USD	3 Qtrs
Deferred rent and other liabilities	`IncreaseDecreaseInDeferredRentAndOtherLongTermLiabilities`	$-2.50M	USD	3 Qtrs
Deferred rent and other liabilities	`IncreaseDecreaseInDeferredRentAndOtherLongTermLiabilities`	$-1.14M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$37.38M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$61.12M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.46M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.39M	USD	3 Qtrs
Capitalized software development costs	`PaymentsForSoftware`	$26.32M	USD	3 Qtrs
Capitalized software development costs	`PaymentsForSoftware`	$19.34M	USD	3 Qtrs
Capitalized curriculum development costs	`PaymentsToCapitalizedCurriculumDevelopmentCosts`	$12.21M	USD	3 Qtrs
Capitalized curriculum development costs	`PaymentsToCapitalizedCurriculumDevelopmentCosts`	$12.43M	USD	3 Qtrs
Purchase of noncontrolling interest	`PaymentsToMinorityShareholders`	$9.13M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-40.98M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-42.30M	USD	3 Qtrs
Repayments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$13.43M	USD	3 Qtrs
Repayments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$11.88M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.52M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$14.00K	USD	3 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$250.00K	USD	3 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$6.00K	USD	3 Qtrs
Repurchase of restricted stock for income tax withholding	`RepurchaseOfRestrictedStockForIncomeTaxWithholding`	$3.06M	USD	3 Qtrs
Repurchase of restricted stock for income tax withholding	`RepurchaseOfRestrictedStockForIncomeTaxWithholding`	$4.24M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-16.46M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-14.35M	USD	3 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-12.00K	USD	3 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-17.00K	USD	3 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-19.28M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.66M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$199.51M	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`	$194.71M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$195.85M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$199.51M	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`	$194.71M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$195.85M	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`	$800.00K	USD	3 Qtrs
Balance	`StockholdersEquity`	$571.98M	USD	Point-in-time
Balance	`StockholdersEquity`	$558.72M	USD	Point-in-time
Net income	`NetIncomeLoss`	$10.02M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$6.93M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$14.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.12M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$329.00K	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.56M	USD	3 Qtrs
Exercise of stock options	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$1.52M	USD	3 Qtrs
Excess tax expense from stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalIncomeTaxDeficiencyFromShareBasedCompensation`	$2.72M	USD	3 Qtrs
Accretion of redeemable noncontrolling interests to estimated redemption value	`AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock`	$3.12M	USD	3 Qtrs
Retirement of restricted stock for tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.24M	USD	3 Qtrs
Balance	`StockholdersEquity`	$571.98M	USD	Point-in-time
Balance	`StockholdersEquity`	$558.72M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$6.14M	USD	3 Qtrs
Net income	`ProfitLoss`	$8.88M	USD	3 Qtrs
Net income	`ProfitLoss`	$13.66M	USD	1 Quarter
Net income	`ProfitLoss`	$8.88M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-61.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$148.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$422.00K	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$329.00K	USD	3 Qtrs
Total other comprehensive income, net of tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$9.31M	USD	3 Qtrs
Total other comprehensive income, net of tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$6.47M	USD	3 Qtrs
Total other comprehensive income, net of tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$13.81M	USD	1 Quarter
Total other comprehensive income, net of tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$8.82M	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.13M	USD	3 Qtrs
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-608.00K	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-233.00K	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-790.00K	USD	3 Qtrs
Comprehensive income attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$14.42M	USD	1 Quarter
Comprehensive income attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$7.26M	USD	3 Qtrs
Comprehensive income attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$10.44M	USD	3 Qtrs
Comprehensive income attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$9.05M	USD	1 Quarter

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