Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Statements of Shareholders' Equity (Deficit)

v3.23.3
Unaudited Condensed Consolidated Statements of Shareholders' Equity (Deficit) - USD ($)
$ in Thousands
Codecademy [Member]
Common Stock Outstanding [Member]
Codecademy [Member]
Treasury Stock, Common [Member]
Codecademy [Member]
Additional Paid-in Capital [Member]
Codecademy [Member]
Retained Earnings [Member]
Codecademy [Member]
AOCI Attributable to Parent [Member]
Codecademy [Member]
Common Stock Outstanding [Member]
Treasury Stock, Common [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance (in shares) at Jan. 31, 2022             6,662,901 0        
Balance at Jan. 31, 2022             $ 1 $ 0 $ 1,306,156 $ (247,229) $ 970 $ 1,059,898
Share-based compensation             $ 0 $ 0 6,898 0 0 6,898
Common stock issued (in shares)             8,958 0        
Common stock issued             $ 0 $ 0 0 0 0 0
Shares repurchased for tax withholding upon vesting of restricted stock-based awards (in shares)             (2,565) 0        
Shares repurchased for tax withholding upon vesting of restricted stock-based awards             $ 0 $ 0 (309) 0 0 (309)
Issuance of shares, acquisition (in shares) 1,518,721 0                    
Issuance of shares, acquisition $ 0 $ 0 $ 182,550 $ 0 $ 0 $ 182,550            
Fair value of share-based awards attributed to Codecademy acquisition $ 0 $ 0 $ 538 $ 0 $ 0 $ 538            
Foreign currency adjustment, net of tax             0 0 0 0 (2,248) (2,248)
Net income (loss)             $ 0 $ 0 0 (21,643) 0 (21,643)
Balance (in shares) at Apr. 30, 2022             8,188,015 0        
Balance at Apr. 30, 2022             $ 1 $ 0 1,495,833 (268,872) (1,278) 1,225,684
Balance (in shares) at Jan. 31, 2022             6,662,901 0        
Balance at Jan. 31, 2022             $ 1 $ 0 1,306,156 (247,229) 970 1,059,898
Foreign currency adjustment, net of tax                       (21,012)
Net income (loss)                       (671,485)
Deconsolidation of SumTotal, net                       2,110
Balance (in shares) at Oct. 31, 2022             8,248,114 (32,271)        
Balance at Oct. 31, 2022             $ 1 $ (1,433) 1,511,953 (918,714) (17,932) 573,875
Balance (in shares) at Apr. 30, 2022             8,188,015 0        
Balance at Apr. 30, 2022             $ 1 $ 0 1,495,833 (268,872) (1,278) 1,225,684
Share-based compensation             $ 0 $ 0 10,017 0 0 10,017
Common stock issued (in shares)             41,442 0        
Common stock issued             $ 0 $ 0 0 0 0 0
Shares repurchased for tax withholding upon vesting of restricted stock-based awards (in shares)             (14,057) 0        
Shares repurchased for tax withholding upon vesting of restricted stock-based awards             $ 0 $ 0 (1,409) 0 0 (1,409)
Foreign currency adjustment, net of tax             0 0 0 0 (1,477) (1,477)
Net income (loss)             $ 0 $ 0 0 (121,499) 0 (121,499)
Balance (in shares) at Jul. 31, 2022             8,215,400 0        
Balance at Jul. 31, 2022             $ 1 $ 0 1,504,441 (390,371) (2,755) 1,111,316
Share-based compensation             $ 0 $ 0 8,396 0 0 8,396
Common stock issued (in shares)             51,560 0        
Common stock issued             $ 0 $ 0 0 0 0 0
Shares repurchased for tax withholding upon vesting of restricted stock-based awards (in shares)             (18,846) 0        
Shares repurchased for tax withholding upon vesting of restricted stock-based awards             $ 0 $ 0 (884) 0 0 (884)
Foreign currency adjustment, net of tax             0 0 0 0 (17,287) (17,287)
Net income (loss)             $ 0 $ 0 0 (528,343) 0 (528,343)
Repurchase of common stock (in shares)             0 (32,271)        
Repurchase of common stock             $ 0 $ (1,433) 0 0 0 (1,433)
Deconsolidation of SumTotal, net             $ 0 $ 0 0 0 2,110 2,110
Balance (in shares) at Oct. 31, 2022             8,248,114 (32,271)        
Balance at Oct. 31, 2022             $ 1 $ (1,433) 1,511,953 (918,714) (17,932) 573,875
Balance (in shares) at Jan. 31, 2023             8,264,308 (81,514)        
Balance at Jan. 31, 2023             $ 1 $ (2,845) 1,521,587 (972,193) (14,794) 531,756
Share-based compensation             $ 0 $ 0 9,128 0 0 9,128
Common stock issued (in shares)             22,538 0        
Common stock issued             $ 0 $ 0 0 0 0 0
Shares repurchased for tax withholding upon vesting of restricted stock-based awards (in shares)             (8,131) 0        
Shares repurchased for tax withholding upon vesting of restricted stock-based awards             $ 0 $ 0 (289) 0 0 (289)
Foreign currency adjustment, net of tax             0 0 0 0 875 875
Net income (loss)             $ 0 $ 0 0 (44,224) 0 (44,224)
Repurchase of common stock (in shares)             0 (218,263)        
Repurchase of common stock             $ 0 $ (8,046) 0 0 0 (8,046)
Balance (in shares) at Apr. 30, 2023             8,278,715 (299,777)        
Balance at Apr. 30, 2023             $ 1 $ (10,891) 1,530,426 (1,016,417) (13,919) 489,200
Balance (in shares) at Jan. 31, 2023             8,264,308 (81,514)        
Balance at Jan. 31, 2023             $ 1 $ (2,845) 1,521,587 (972,193) (14,794) 531,756
Foreign currency adjustment, net of tax                       (1,279)
Net income (loss)                       (103,959)
Deconsolidation of SumTotal, net                       0
Balance (in shares) at Oct. 31, 2023             8,362,774 (299,777)        
Balance at Oct. 31, 2023             $ 1 $ (10,891) 1,543,063 (1,076,152) (16,073) 439,948
Balance (in shares) at Apr. 30, 2023             8,278,715 (299,777)        
Balance at Apr. 30, 2023             $ 1 $ (10,891) 1,530,426 (1,016,417) (13,919) 489,200
Share-based compensation             $ 0 $ 0 5,827 0 0 5,827
Common stock issued (in shares)             67,693 0        
Common stock issued             $ 0 $ 0 0 0 0 0
Shares repurchased for tax withholding upon vesting of restricted stock-based awards (in shares)             (23,241) 0        
Shares repurchased for tax withholding upon vesting of restricted stock-based awards             $ 0 $ 0 (592) 0 0 (592)
Foreign currency adjustment, net of tax             0 0 0 0 496 496
Net income (loss)             $ 0 $ 0 0 (31,999) 0 (31,999)
Repurchase of common stock (in shares)             0        
Repurchase of common stock             $ 0 $ 0 0 0 0 0
Balance (in shares) at Jul. 31, 2023             8,323,167 (299,777)        
Balance at Jul. 31, 2023             $ 1 $ (10,891) 1,535,661 (1,048,416) (13,423) 462,932
Share-based compensation             $ 0 $ 0 7,962 0 0 7,962
Common stock issued (in shares)             60,878 0        
Common stock issued             $ 0 $ 0 0 0 0 0
Shares repurchased for tax withholding upon vesting of restricted stock-based awards (in shares)             (21,271) 0        
Shares repurchased for tax withholding upon vesting of restricted stock-based awards             $ 0 $ 0 (560) 0 0 (560)
Foreign currency adjustment, net of tax             0 0 0 0 (2,650) (2,650)
Net income (loss)             0 0 0 (27,736) 0 (27,736)
Repurchase of common stock             $ 0 $ 0 0 0 0 0
Deconsolidation of SumTotal, net                       0
Balance (in shares) at Oct. 31, 2023             8,362,774 (299,777)        
Balance at Oct. 31, 2023             $ 1 $ (10,891) $ 1,543,063 $ (1,076,152) $ (16,073) $ 439,948