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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 268,918 $ 187,509
Marketable securities 6,501 7,557
Tuition receivable, net 51,277 50,169
Income taxes receivable 313 1,429
Other current assets 40,777 39,458
Total current assets 367,786 286,122
Property and equipment, net 150,589 158,854
Right-of-use lease assets 149,587 120,687
Marketable securities, non-current 23,377 30,270
Intangible assets, net 276,380 326,420
Goodwill 1,285,864 1,318,526
Other assets 52,297 54,928
Total assets 2,305,880 2,295,807
Current liabilities:    
Accounts payable and accrued expenses 95,518 104,742
Contract liabilities 73,232 60,501
Lease liabilities 27,005 34,809
Total current liabilities 195,755 200,052
Long-term debt 141,630 141,823
Deferred income tax liabilities 44,595 53,407
Lease liabilities, non-current 162,821 106,151
Other long-term liabilities 47,089 46,055
Total liabilities 591,890 547,488
Commitments and contingencies
Stockholders’ equity:    
Common stock, par value $0.01; 32,000,000 shares authorized; 24,418,939 and 24,592,098 shares issued and outstanding at December 31, 2020 and 2021, respectively 246 244
Additional paid-in capital 1,529,969 1,519,549
Accumulated other comprehensive income 9,203 48,880
Retained earnings 174,572 179,646
Total stockholders’ equity 1,713,990 1,748,319
Total liabilities and stockholders’ equity $ 2,305,880 $ 2,295,807