Revenue Recognition (Tables)

9 Months Ended

Sep. 30, 2020

Revenue from Contract with Customer [Abstract]

Summary of disaggregation of revenue from contracts with customers

The following table presents the Company’s revenues from contracts with customers disaggregated by material revenue category for the three and nine months ended September 30, 2019 and 2020 (in thousands):

	For the three months ended September 30,				For the nine months ended September 30,
	2019		2020		2019		2020
Strayer University Segment
Tuition, net of discounts, grants and scholarships	$	125,184	$	124,344	$	378,099	$	398,385
Other(1)	4,809		4,067		14,367		13,760
Total Strayer University Segment	129,993		128,411		392,466		412,145
Capella University Segment
Tuition, net of discounts, grants and scholarships	106,479		105,565		324,647		332,234
Other(1)	5,275		5,050		16,252		15,780
Total Capella University Segment	111,754		110,615		340,899		348,014
Consolidated revenue	$	241,747	$	239,026	$	733,365	$	760,159

_________________________________________

(1)Other revenue is primarily comprised of academic fees, sales of course materials, placement fees and other revenue streams.

Schedule of Graduation Fund liability

The table below presents activity in the contract liability related to the Graduation Fund (in thousands):

	For the nine months ended September 30,
	2019		2020
Balance at beginning of period	$	43,329	$	49,641
Revenue deferred	21,358		19,044
Benefit redeemed	(17,947)		(17,077)
Balance at end of period	$	46,740	$	51,608