Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Goodwill

The following table presents changes in the carrying value of goodwill by segment for the years ended December 31, 2020 and 2021 (in thousands):

	U.S. Higher Education		Australia / New Zealand		Education Technology Services		Total
Balance as of December 31, 2019	$	732,075	$	—	$	—	$	732,075
Additions(1)	—		546,053		—		546,053
Impairments	—		—		—		—
Currency translation adjustments	—		40,398		—		40,398
Adjustments to prior acquisitions	—		—		—		—
Balance as of December 31, 2020	732,075		586,451		—		1,318,526
Reporting unit reallocation(2)	(100,000)		—		100,000		—
Additions	—		—		—		—
Impairments	—		—		—		—
Currency translation adjustments	—		(32,924)		—		(32,924)
Adjustments to prior acquisitions(3)	—		262		—		262
Balance as of December 31, 2021	$	632,075	$	553,789	$	100,000	$	1,285,864

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(1)Represents additions related to the acquisition of ANZ in 2020, as discussed in Note 3.

(2)Represents the reallocation of goodwill as a result of the Company reorganizing its segments in 2021.

(3)Represents a measurement period adjustment recorded in 2021, as discussed in Note 3.

Schedule of Intangible Assets

The following table represents the balance of the Company’s intangible assets as of December 31, 2020 and 2021 (in thousands):

	December 31, 2020						December 31, 2021
	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Subject to amortization
Student relationships	$	202,861	$	(135,703)	$	67,158	$	201,309	$	(180,007)	$	21,302
Not subject to amortization
Trade names	259,262		—		259,262		255,078		—		255,078
Total	$	462,123	$	(135,703)	$	326,420	$	456,387	$	(180,007)	$	276,380

Schedule of Future Amortization Expense for Finite-Lived Intangible Assets

The following table presents future amortization expense for finite-lived intangible assets as of December 31, 2021 (in thousands):

2022	$	11,619
2023	9,683
2024	—
2025	—
2026	—
2027 and thereafter	—
Total	$	21,302