2014 Q1 Form 10-Q Financial Statement
#000110465914031958 Filed on April 29, 2014
Income Statement
| Concept | 2014 Q1 | 2013 Q1 |
|---|---|---|
| Revenue | $235.2M | $218.0M |
| YoY Change | 7.9% | 22.36% |
| Cost Of Revenue | $140.6M | $127.8M |
| YoY Change | 10.04% | 20.58% |
| Gross Profit | $94.63M | $90.25M |
| YoY Change | 4.85% | 24.97% |
| Gross Profit Margin | 40.23% | 41.4% |
| Selling, General & Admin | $64.41M | $65.83M |
| YoY Change | -2.15% | 22.77% |
| % of Gross Profit | 68.07% | 72.94% |
| Research & Development | $2.831M | $5.070M |
| YoY Change | -44.16% | -27.7% |
| % of Gross Profit | 2.99% | 5.62% |
| Depreciation & Amortization | $9.200M | $8.000M |
| YoY Change | 15.0% | -45.21% |
| % of Gross Profit | 9.72% | 8.86% |
| Operating Expenses | $67.25M | $70.90M |
| YoY Change | -5.15% | 16.93% |
| Operating Profit | $27.39M | $19.35M |
| YoY Change | 41.51% | 66.99% |
| Interest Expense | $0.00 | -$300.0K |
| YoY Change | -100.0% | 0.0% |
| % of Operating Profit | 0.0% | -1.55% |
| Other Income/Expense, Net | $0.00 | $0.00 |
| YoY Change | 30.0% | -176.92% |
| Pretax Income | $27.37M | $19.05M |
| YoY Change | 43.72% | 68.19% |
| Income Tax | $11.86M | $7.626M |
| % Of Pretax Income | 43.33% | 40.04% |
| Net Earnings | $15.95M | $11.98M |
| YoY Change | 33.19% | 71.64% |
| Net Earnings / Revenue | 6.78% | 5.49% |
| Basic Earnings Per Share | $0.40 | $0.31 |
| Diluted Earnings Per Share | $0.40 | $0.31 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 39.60M shares | 36.28M shares |
| Diluted Shares Outstanding | 39.60M shares | 39.03M shares |
Balance Sheet
| Concept | 2014 Q1 | 2013 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $185.3M | $157.0M |
| YoY Change | 18.03% | 26.92% |
| Cash & Equivalents | $185.3M | $157.0M |
| Short-Term Investments | $0.00 | |
| Other Short-Term Assets | $27.82M | $13.61M |
| YoY Change | 104.49% | -59.75% |
| Inventory | $21.29M | $29.34M |
| Prepaid Expenses | $10.40M | |
| Receivables | $236.4M | $234.6M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $487.5M | $465.4M |
| YoY Change | 4.75% | 19.2% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $50.00M | $61.40M |
| YoY Change | -18.57% | 0.0% |
| Goodwill | $61.58M | $61.40M |
| YoY Change | 0.29% | |
| Intangibles | $24.78M | $33.29M |
| YoY Change | -25.55% | |
| Long-Term Investments | $1.000M | $10.00M |
| YoY Change | -90.0% | 0.0% |
| Other Assets | $5.547M | $2.825M |
| YoY Change | 96.35% | -11.72% |
| Total Long-Term Assets | $249.8M | $274.6M |
| YoY Change | -9.02% | 5.08% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $487.5M | $465.4M |
| Total Long-Term Assets | $249.8M | $274.6M |
| Total Assets | $737.3M | $739.9M |
| YoY Change | -0.36% | 13.54% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $24.61M | $19.98M |
| YoY Change | 23.22% | 15.47% |
| Accrued Expenses | $14.91M | $26.03M |
| YoY Change | -42.72% | -19.66% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $21.00M | $21.30M |
| YoY Change | -1.41% | 20.34% |
| Total Short-Term Liabilities | $132.4M | $136.5M |
| YoY Change | -3.04% | 19.88% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $16.70M | $20.50M |
| YoY Change | -18.54% | 9.63% |
| Other Long-Term Liabilities | $2.297M | $1.970M |
| YoY Change | 16.6% | -77.36% |
| Total Long-Term Liabilities | $2.297M | $1.970M |
| YoY Change | 16.6% | -92.81% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $132.4M | $136.5M |
| Total Long-Term Liabilities | $2.297M | $1.970M |
| Total Liabilities | $188.6M | $204.8M |
| YoY Change | -7.88% | 15.1% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$73.81M | -$83.32M |
| YoY Change | -11.42% | |
| Common Stock | $630.5M | $534.3M |
| YoY Change | 18.01% | |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | $26.62M | |
| YoY Change | ||
| Treasury Stock Shares | 1.242M shares | |
| Shareholders Equity | $530.1M | $513.8M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $737.3M | $739.9M |
| YoY Change | -0.36% | 13.54% |
Cashflow Statement
| Concept | 2014 Q1 | 2013 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $15.95M | $11.98M |
| YoY Change | 33.19% | 71.64% |
| Depreciation, Depletion And Amortization | $9.200M | $8.000M |
| YoY Change | 15.0% | -45.21% |
| Cash From Operating Activities | $60.90M | $27.10M |
| YoY Change | 124.72% | 351.67% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$12.50M | -$10.90M |
| YoY Change | 14.68% | -4.39% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $0.00 | $0.00 |
| YoY Change | ||
| Cash From Investing Activities | -$12.50M | -$10.90M |
| YoY Change | 14.68% | -5.22% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | $20.70M | |
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -26.10M | -1.900M |
| YoY Change | 1273.68% | -59.57% |
| NET CHANGE | ||
| Cash From Operating Activities | 60.90M | 27.10M |
| Cash From Investing Activities | -12.50M | -10.90M |
| Cash From Financing Activities | -26.10M | -1.900M |
| Net Change In Cash | 22.30M | 14.30M |
| YoY Change | 55.94% | -240.2% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $60.90M | $27.10M |
| Capital Expenditures | -$12.50M | -$10.90M |
| Free Cash Flow | $73.40M | $38.00M |
| YoY Change | 93.16% | 118.39% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
| dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2014 | ||
| dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
| CY2014Q1 | us-gaap |
Cost Of Reimbursable Expense
CostOfReimbursableExpense
|
71300000 | USD |
| us-gaap |
Cost Of Reimbursable Expense
CostOfReimbursableExpense
|
190800000 | USD | |
| CY2013Q1 | us-gaap |
Cost Of Reimbursable Expense
CostOfReimbursableExpense
|
66800000 | USD |
| us-gaap |
Cost Of Reimbursable Expense
CostOfReimbursableExpense
|
178300000 | USD | |
| CY2014Q1 | us-gaap |
Depreciation
Depreciation
|
9200000 | USD |
| lrn |
Increase Decrease In Inventory Reserve
IncreaseDecreaseInInventoryReserve
|
6100000 | USD | |
| CY2013Q1 | us-gaap |
Depreciation
Depreciation
|
8000000 | USD |
| us-gaap |
Depreciation
Depreciation
|
32100000 | USD | |
| us-gaap |
Depreciation
Depreciation
|
23800000 | USD | |
| lrn |
Accelerated Depreciation
AcceleratedDepreciation
|
6300000 | USD | |
| lrn |
Capitalized Curriculum Development Costs Useful Life
CapitalizedCurriculumDevelopmentCostsUsefulLife
|
P5Y | ||
| lrn |
Payments To Capitalized Curriculum Development Costs
PaymentsToCapitalizedCurriculumDevelopmentCosts
|
11324000 | USD | |
| lrn |
Payments To Capitalized Curriculum Development Costs
PaymentsToCapitalizedCurriculumDevelopmentCosts
|
13597000 | USD | |
| lrn |
Writedown Of Capitalized Curriculum Development Costs
WritedownOfCapitalizedCurriculumDevelopmentCosts
|
2200000 | USD | |
| CY2013Q1 | lrn |
Amortization Of Capitalized Curriculum Development Costs
AmortizationOfCapitalizedCurriculumDevelopmentCosts
|
3600000 | USD |
| lrn |
Amortization Of Capitalized Curriculum Development Costs
AmortizationOfCapitalizedCurriculumDevelopmentCosts
|
14700000 | USD | |
| lrn |
Amortization Of Capitalized Curriculum Development Costs
AmortizationOfCapitalizedCurriculumDevelopmentCosts
|
10700000 | USD | |
| us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
3400000 | USD | |
| CY2014Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
700000 | USD |
| CY2014Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
2600000 | USD |
| CY2014Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
2500000 | USD |
| CY2014Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
2000000 | USD |
| CY2014Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
2000000 | USD |
| CY2014Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
15000000 | USD |
| us-gaap |
Goodwill Translation Adjustments
GoodwillTranslationAdjustments
|
168000 | USD | |
| CY2014Q1 | us-gaap |
Goodwill
Goodwill
|
61581000 | USD |
| CY2013Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
44900000 | USD |
| CY2013Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
12800000 | USD |
| CY2014Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
13500000 | USD |
| CY2013Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
32100000 | USD |
| CY2014Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
24800000 | USD |
| us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
5200000 | USD | |
| CY2014Q1 | us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
0 | USD |
| CY2013Q1 | us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
0 | USD |
| us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
0 | USD | |
| CY2014Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
15949000 | USD |
| CY2013Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
11975000 | USD |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
7244000 | USD | |
| CY2013Q1 | us-gaap |
Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
|
844000 | USD |
| us-gaap |
Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
|
1827000 | USD | |
| CY2014Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
15949000 | USD |
| CY2013Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
11131000 | USD |
| us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
7244000 | USD | |
| us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
24015000 | USD | |
| CY2014Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
15949000 | USD |
| CY2013Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
11131000 | USD |
| us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
7244000 | USD | |
| us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
24015000 | USD | |
| CY2014Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
39596798 | shares |
| CY2013Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
36283353 | shares |
| us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
39136667 | shares | |
| us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
36142689 | shares | |
| CY2014Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.40 | |
| CY2013Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.31 | |
| us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.19 | ||
| us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.66 | ||
| CY2014Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
39895938 | shares |
| CY2014Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.433 | pure |
| CY2013Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.400 | pure |
| us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.377 | pure | |
| us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | pure | |
| us-gaap |
Interest Paid
InterestPaid
|
879000 | USD | |
| us-gaap |
Interest Paid
InterestPaid
|
895000 | USD | |
| us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
4865000 | USD | |
| us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
510000 | USD | |
| us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
19090000 | USD | |
| us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
24671000 | USD | |
| CY2013Q4 | lrn |
Term Of Share Repurchase
TermOfShareRepurchase
|
P2Y | |
| CY2014Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
20700000 | USD |
| CY2014Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
958100 | shares |
| us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
26624000 | USD | |
| us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
1242300 | shares | |
| lrn |
Stock Repurchase Program Remaining Repurchase Amount
StockRepurchaseProgramRemainingRepurchaseAmount
|
48400000 | USD | |
| us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="MARGIN: 0in 0in 0pt;"><b><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">1.  Description of the Business</font></b></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">K12 Inc. and its subsidiaries (“K<font style="POSITION: relative; TOP: -3pt;">12</font>” or the “Company”) is a technology-based education company. The Company offers proprietary curriculum, software systems and educational services designed to facilitate individualized learning for students primarily in kindergarten through 12th grade, (“K-12”). The Company’s mission is to maximize a child’s potential by providing access to an engaging and effective education, regardless of geographic location or socio-economic background. Since its inception, the Company has made significant investments to develop and, to a lesser extent, acquire curriculum and online learning platforms that promote mastery of core concepts and skills for students of all abilities. This learning system combines the Company’s curriculum and offerings with an individualized learning approach well-suited for virtual and blended public schools, school district online programs, public charter schools and private schools that utilize varying degrees of online and traditional classroom instruction, and other educational applications. In contracting with a virtual and blended public school, the Company typically provides students with access to the K<font style="POSITION: relative; TOP: -3pt;">12</font> online curriculum, offline learning kits and the use of a personal computer in certain cases, in addition to providing management services. The Company manages virtual public schools in 33 states and the District of Columbia.</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">In addition, the Company works closely as partners with a growing number of public schools, school districts, private schools and charter schools enabling them to offer their students an array of solutions, including full-time virtual programs, semester course and supplemental solutions. In addition to curriculum, systems and programs, the Company provides teacher training, teaching services and other support services.</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> </div> | ||
| us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="MARGIN: 0in 0in 0pt;"><b><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">2.  Basis of Presentation</font></b></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">The accompanying condensed consolidated balance sheet as of March 31, 2014, the condensed consolidated statements of operations for the three and nine months ended March 31, 2014 and March 31, 2013, the condensed consolidated statements of comprehensive income for the three and nine months ended March 31, 2014 and March 31, 2013, the condensed consolidated statement of equity (deficit) for nine months ended March 31, 2014 and the condensed consolidated statements of cash flows for the nine months ended March 31, 2014 and March 31, 2013 are unaudited. The unaudited interim financial statements have been prepared on the same basis as the annual financial statements and in the opinion of management, reflect all adjustments, which include only normal recurring adjustments, necessary to present fairly the Company’s financial position and results of operations for the periods presented. The results of the three and nine month periods ended March 31, 2014 are not necessarily indicative of the results to be expected for the year ending June 30, 2014 or for any other interim period or for any other future fiscal year. The condensed consolidated balance sheet as of June 30, 2013 has been derived from the audited consolidated financial statements at that date.</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">The accompanying unaudited condensed consolidated financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Accordingly, the Company does not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, these statements include all adjustments (consisting of normal recurring adjustments) considered necessary to present a fair statement of the Company’s condensed consolidated results of operations, financial position and cash flows. Preparation of the Company’s financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts in the financial statements and footnotes. Actual results could differ from those estimates. This quarterly report on Form 10-Q should be read in conjunction with the financial statements and the notes thereto included in the Company’s latest annual report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on August 29, 2013, which contains the Company’s audited financial statements for the fiscal year ended June 30, 2013.</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">The Company operates in one operating and reportable business segment as a technology—based education company providing proprietary curriculum, software systems and educational services designed to facilitate individualized learning for students primarily in kindergarten through 12th grade. The Chief Operating Decision Maker evaluates profitability based only on consolidated results.</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> </div> | ||
| lrn |
Number Of States In Which Entity Manages Schools
NumberOfStatesInWhichEntityManagesSchools
|
33 | item | |
| CY2014Q1 | lrn |
Property Plant And Equipment Excluding Software Development Costs Net
PropertyPlantAndEquipmentExcludingSoftwareDevelopmentCostsNet
|
50010000 | USD |
| CY2014Q1 | lrn |
Capitalized Software Development Costs For Software Applications Used Internally Net
CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationsUsedInternallyNet
|
46660000 | USD |
| CY2014Q1 | lrn |
Capitalized Software Development Costs For Software Application Used Internally Curriculum Content Net
CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationUsedInternallyCurriculumContentNet
|
61219000 | USD |
| CY2014Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
24783000 | USD |
| CY2013Q2 | lrn |
Property Plant And Equipment Excluding Software Development Costs Net
PropertyPlantAndEquipmentExcludingSoftwareDevelopmentCostsNet
|
56142000 | USD |
| CY2013Q2 | lrn |
Capitalized Software Development Costs For Software Applications Used Internally Net
CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationsUsedInternallyNet
|
43504000 | USD |
| us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | item | |
| us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | item | |
| dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | ||
| CY2013Q2 | lrn |
Capitalized Software Development Costs For Software Application Used Internally Curriculum Content Net
CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationUsedInternallyCurriculumContentNet
|
64599000 | USD |
| CY2013Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
32139000 | USD |
| CY2014Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
5547000 | USD |
| CY2013Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
3150000 | USD |
| dei |
Entity Registrant Name
EntityRegistrantName
|
K12 INC | ||
| dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001157408 | ||
| dei |
Document Type
DocumentType
|
10-Q | ||
| dei |
Document Period End Date
DocumentPeriodEndDate
|
2014-03-31 | ||
| dei |
Amendment Flag
AmendmentFlag
|
false | ||
| dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--06-30 | ||
| CY2014Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
39553049 | shares |
| CY2014Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
185332000 | USD |
| CY2014Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
236445000 | USD |
| CY2014Q1 | us-gaap |
Inventory Net
InventoryNet
|
21294000 | USD |
| CY2014Q1 | us-gaap |
Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
|
6165000 | USD |
| CY2014Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
10396000 | USD |
| CY2014Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
27823000 | USD |
| CY2014Q1 | us-gaap |
Assets Current
AssetsCurrent
|
487455000 | USD |
| CY2013Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
186459000 | USD |
| CY2013Q2 | us-gaap |
Inventory Net
InventoryNet
|
44395000 | USD |
| CY2013Q2 | us-gaap |
Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
|
11368000 | USD |
| CY2013Q2 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
10331000 | USD |
| CY2013Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
23916000 | USD |
| CY2013Q2 | us-gaap |
Assets Current
AssetsCurrent
|
457949000 | USD |
| CY2013Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
181480000 | USD |
| CY2014Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
4000 | USD |
| CY2014Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
630533000 | USD |
| CY2014Q1 | us-gaap |
Assets
Assets
|
737255000 | USD |
| CY2013Q2 | us-gaap |
Assets
Assets
|
718896000 | USD |
| CY2014Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
24614000 | USD |
| CY2014Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
14910000 | USD |
| CY2014Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
19436000 | USD |
| CY2014Q1 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
52468000 | USD |
| CY2014Q1 | us-gaap |
Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
|
16651000 | USD |
| CY2014Q1 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
8595000 | USD |
| CY2014Q1 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
28690000 | USD |
| CY2014Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
2297000 | USD |
| CY2014Q1 | us-gaap |
Liabilities
Liabilities
|
188615000 | USD |
| CY2014Q1 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
15200000 | USD |
| CY2013Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
21838000 | USD |
| CY2013Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
17027000 | USD |
| CY2013Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
21970000 | USD |
| CY2013Q2 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
28567000 | USD |
| CY2013Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
109187000 | USD |
| CY2013Q2 | us-gaap |
Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
|
16107000 | USD |
| CY2013Q2 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
8833000 | USD |
| CY2014Q1 | us-gaap |
Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
|
20954000 | USD |
| CY2013Q2 | us-gaap |
Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
|
19395000 | USD |
| CY2013Q2 | us-gaap |
Liabilities
Liabilities
|
169938000 | USD |
| CY2013Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2014Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2013Q2 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
15200000 | USD |
| CY2013Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
4000 | USD |
| CY2013Q2 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
548390000 | USD |
| CY2013Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-294000 | USD |
| CY2013Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-81050000 | USD |
| CY2014Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-54000 | USD |
| CY2014Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-73806000 | USD |
| CY2014Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
26624000 | USD |
| CY2014Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
530053000 | USD |
| CY2013Q2 | us-gaap |
Minority Interest
MinorityInterest
|
3596000 | USD |
| CY2013Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
533758000 | USD |
| CY2014Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
737255000 | USD |
| CY2013Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
718896000 | USD |
| CY2014Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
3310000 | USD |
| CY2013Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
2560000 | USD |
| CY2014Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
| CY2013Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
| CY2014Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
| CY2013Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
| CY2013Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
37440662 | shares |
| CY2013Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
37440662 | shares |
| CY2014Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
1242300 | shares |
| CY2013Q2 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
0 | shares |
| CY2014Q1 | us-gaap |
Cost Of Services
CostOfServices
|
140592000 | USD |
| CY2014Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
64414000 | USD |
| CY2014Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
2831000 | USD |
| CY2014Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
27385000 | USD |
| CY2014Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
27373000 | USD |
| CY2014Q1 | us-gaap |
Profit Loss
ProfitLoss
|
15512000 | USD |
| CY2014Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-437000 | USD |
| CY2013Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
198657000 | USD |
| CY2013Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
19352000 | USD |
| CY2013Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-306000 | USD |
| CY2013Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
7626000 | USD |
| CY2013Q1 | us-gaap |
Profit Loss
ProfitLoss
|
11420000 | USD |
| CY2013Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-555000 | USD |
| us-gaap |
Cost Of Services
CostOfServices
|
427165000 | USD | |
| us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
238411000 | USD | |
| us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
11916000 | USD | |
| us-gaap |
Costs And Expenses
CostsAndExpenses
|
677492000 | USD | |
| us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
10015000 | USD | |
| us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-125000 | USD | |
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3726000 | USD | |
| us-gaap |
Profit Loss
ProfitLoss
|
6164000 | USD | |
| us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-1080000 | USD | |
| us-gaap |
Cost Of Services
CostOfServices
|
369205000 | USD | |
| us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
216826000 | USD | |
| us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
14817000 | USD | |
| us-gaap |
Costs And Expenses
CostsAndExpenses
|
600848000 | USD | |
| us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
44285000 | USD | |
| us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-807000 | USD | |
| us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
43478000 | USD | |
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
18195000 | USD | |
| us-gaap |
Profit Loss
ProfitLoss
|
25283000 | USD | |
| CY2014Q1 | us-gaap |
Revenues
Revenues
|
235222000 | USD |
| CY2013Q1 | us-gaap |
Revenues
Revenues
|
218009000 | USD |
| us-gaap |
Revenues
Revenues
|
687507000 | USD | |
| us-gaap |
Revenues
Revenues
|
645133000 | USD | |
| CY2014Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-12000 | USD |
| CY2014Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
11861000 | USD |
| CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
47000 | USD |
| us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
240000 | USD | |
| CY2013Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-276000 | USD |
| us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
390000 | USD | |
| us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
8444000 | USD | |
| us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
-472000 | USD | |
| us-gaap |
Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
-1501000 | USD | |
| lrn |
Increase Decrease In Deferred Rent And Other Long Term Liabilities
IncreaseDecreaseInDeferredRentAndOtherLongTermLiabilities
|
-454000 | USD | |
| lrn |
Increase Decrease In Deferred Rent And Other Long Term Liabilities
IncreaseDecreaseInDeferredRentAndOtherLongTermLiabilities
|
1666000 | USD | |
| us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
81506000 | USD | |
| us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
59216000 | USD | |
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
6323000 | USD | |
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
5265000 | USD | |
| us-gaap |
Payments For Software
PaymentsForSoftware
|
18486000 | USD | |
| us-gaap |
Payments For Software
PaymentsForSoftware
|
17867000 | USD | |
| us-gaap |
Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
|
2100000 | USD | |
| us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-38233000 | USD | |
| us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-36729000 | USD | |
| us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
16988000 | USD | |
| us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-426000 | USD | |
| CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
15559000 | USD |
| CY2013Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
11144000 | USD |
| us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
6404000 | USD | |
| us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
24857000 | USD | |
| CY2013Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-555000 | USD |
| us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-559000 | USD | |
| CY2014Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
15996000 | USD |
| CY2013Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
11699000 | USD |
| us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
7484000 | USD | |
| us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
25416000 | USD | |
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
69491000 | USD | |
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
48176000 | USD | |
| us-gaap |
Share Based Compensation
ShareBasedCompensation
|
16199000 | USD | |
| us-gaap |
Share Based Compensation
ShareBasedCompensation
|
9833000 | USD | |
| us-gaap |
Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
-472000 | USD | |
| lrn |
Deferred Income Tax Noncash Expense Benefit
DeferredIncomeTaxNoncashExpenseBenefit
|
16348000 | USD | |
| us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1206000 | USD | |
| us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1814000 | USD | |
| us-gaap |
Inventory Write Down
InventoryWriteDown
|
4161000 | USD | |
| us-gaap |
Inventory Write Down
InventoryWriteDown
|
272000 | USD | |
| lrn |
Provision For Student Computer Shrinkage And Obsolescence
ProvisionForStudentComputerShrinkageAndObsolescence
|
-555000 | USD | |
| lrn |
Provision For Student Computer Shrinkage And Obsolescence
ProvisionForStudentComputerShrinkageAndObsolescence
|
439000 | USD | |
| us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
51547000 | USD | |
| us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
75549000 | USD | |
| us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-18941000 | USD | |
| us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-8237000 | USD | |
| us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
39000 | USD | |
| us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
9919000 | USD | |
| us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
3906000 | USD | |
| us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-992000 | USD | |
| us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
351000 | USD | |
| us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
142000 | USD | |
| us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
2759000 | USD | |
| us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
12229000 | USD | |
| us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-2535000 | USD | |
| us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
2333000 | USD | |
| us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
23543000 | USD | |
| us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
24092000 | USD | |
| us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-10228000 | USD | |
| us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
879000 | USD | |
| us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
3852000 | USD | |
| us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-40300000 | USD | |
| us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
12316000 | USD | |
| us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
14674000 | USD | |
| us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
1177000 | USD | |
| us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
3027000 | USD | |
| us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
4413000 | USD | |
| CY2012Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
144652000 | USD |
| CY2013Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
156968000 | USD |
| lrn |
Profit Loss Excluding Redeemable Noncontrolling Interest
ProfitLossExcludingRedeemableNoncontrollingInterest
|
7035000 | USD | |
| us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
240000 | USD | |
| us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
26624000 | USD | |
| us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
16199000 | USD | |
| us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
|
8444000 | USD | |
| us-gaap |
Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
|
-472000 | USD | |
| us-gaap |
Adjustments To Additional Paid In Capital Increase In Carrying Amount Of Redeemable Preferred Stock
AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock
|
870000 | USD | |
| us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
4270000 | USD | |
| lrn |
Repurchase Of Restricted Stock For Income Tax Withholding
RepurchaseOfRestrictedStockForIncomeTaxWithholding
|
4270000 | USD | |
| lrn |
Repurchase Of Restricted Stock For Income Tax Withholding
RepurchaseOfRestrictedStockForIncomeTaxWithholding
|
1817000 | USD | |
| us-gaap |
Minority Interest In Net Income Loss Joint Venture Partners
MinorityInterestInNetIncomeLossJointVenturePartners
|
900000 | USD |
