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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 238,290 $ 187,509
Marketable securities 6,455 7,557
Tuition receivable, net 63,469 50,169
Income taxes receivable 0 1,429
Other current assets 44,714 39,458
Total current assets 352,928 286,122
Property and equipment, net 164,277 158,854
Right-of-use lease assets 142,998 120,687
Marketable securities, non-current 29,280 30,270
Intangible assets, net 308,190 326,420
Goodwill 1,311,487 1,318,526
Other assets 60,282 54,928
Total assets 2,369,442 2,295,807
Current liabilities:    
Accounts payable and accrued expenses 97,448 104,742
Income taxes payable 11,350 0
Contract liabilities 108,073 60,501
Lease liabilities 32,886 34,809
Total current liabilities 249,757 200,052
Long-term debt 141,798 141,823
Deferred income tax liabilities 44,264 53,407
Lease liabilities, non-current 152,981 106,151
Other long-term liabilities 44,717 46,055
Total liabilities 633,517 547,488
Commitments and contingencies
Stockholders’ equity:    
Common stock, par value $0.01; 32,000,000 shares authorized; 24,418,939 and 24,651,205 shares issued and outstanding at December 31, 2020 and March 31, 2021, respectively 247 244
Additional paid-in capital 1,521,145 1,519,549
Accumulated other comprehensive income 40,064 48,880
Retained earnings 174,469 179,646
Total stockholders’ equity 1,735,925 1,748,319
Total liabilities and stockholders’ equity $ 2,369,442 $ 2,295,807