Company Information

  

Address: 2300 CORPORATE PARK DRIVE  
City: HERNDON 
State: VA 
Zip Code: 20171 
Telephone: 703-483-7000 

Description of Business

Primary SIC Code: 8200
(As filed with the SEC)  

We are a technology­based education company and offer online curriculum, software systems and educational services designed to facilitate individualized learning for students primarily in kindergarten through 12th grade, or K­12. We provide a continuum of technology­based educational products and solutions to public school districts, public schools, virtual charter schools, private schools and consumers as we strive to transform a student's learning experience into one that delivers individualized education. We are accredited by AdvancEd, a non­profit international accreditation agency for schools, districts, education service agencies, postsecondary institutions, and corporations. As an innovator in K­12 online education, we believe we have attained distinctive core competencies that allow us to meet the varied needs of our school customers and students.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20180.24NA59.08
12/20170.16NA99.38
09/20170.12NA148.67
06/2017-0.03NAN/E
03/20170.15NA127.67
12/20160.28NA61.29
09/20160.22NA65.23
06/20160.23NA54.30

Key Financial Ratios and Statistics

FYE: 06/30

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.00Total Liab/Total Assets0.22
Net Inc/Total Assets0.00Total Liab/Inv Cap0.26
Net Inc/Inv Cap0.00Total Liab/Comm Equity0.26
Pretax Inc/Net Sales0.01Interest Coverage RatioNA
Net Inc/Net Sales0.00Curr Debt/Equity0.02
Cash Flow/Net Sales0.10LTD/Equity0.02
SG&A/NetSales0.34Total Debt/Equity0.04
Asset Utilization   Liquidity  
Net Receivables Turnover4.91Quick Ratio3.76
Inventory Turnover18.23Current Ratio4.02
Inventory Day Sales0.05Net Rec/Curr Assets0.41
Net Sales/Work Cap2.50Inv/Curr Assets0.06
Net Sales/PP&E33.79  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 232.86 217.21 228.79 215.76
Cost of Goods Sold 148.88 139.16 147.37 139.24
Selling & Admin Exps 62.27 61.96 96.28 68.79
Operating Income 19.72 13.71 -17.76 4.71
Interest Exp NA NA NA NA
Pretax Income 19.98 13.75 -17.53 -4.73
Other Income 0.26 0.04 0.24 -11.25
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 13.07 13.26 -8.06 -6.48

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 227.91 189.50 147.34 230.86
Receivables - Total 208.00 244.12 282.79 192.21
Inventories - Total 18.05 18.39 18.59 30.50
Total Current Assets 482.15 488.76 498.22 473.58
Net Property, Plant & Equipment 29.47 29.47 32.47 26.30
Total Assets 761.12 748.66 762.44 735.28
Liabilities        
Accounts Payable 60.34 49.31 59.80 81.04
Debt in Current Liabilities 13.73 13.42 14.12 11.88
Total Current Liabilities 123.11 117.67 139.69 117.75
Long-Term Debt 13.98 13.93 15.17 10.03
Total Liabilities 161.69 162.31 194.87 160.24
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.00 0.00 0.00 0.00
Retained Earnings -22.77 -35.84 -49.10 -40.98
Treasury Stock -75.00 -75.00 -75.00 -75.00
Total Stockholders' Equity 599.43 585.84 566.87 574.35
Total Liabilities and Stockholders' Equity 761.12 748.16 761.74 734.58

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 56.15 57.49 -60.22 51.35
Net Cash Provided by Investing Activities -10.54 -10.42 -15.52 -14.90
Net Cash Provided by Financing Activities -7.21 -4.91 -7.78 -0.30

Annual Summary Data (Millions)

Year Sales Net Income EPS
06/2013848.2228.110.72
06/2014919.5519.600.50
06/2015948.2910.990.29
06/2016872.709.040.23
06/2017888.520.45-0.03
Growth Rates1.17-64.41--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1815435,57086.40




Report Date : 7/16/2018

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