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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 293,419 $ 268,918
Marketable securities 6,785 6,501
Tuition receivable, net 64,798 51,277
Income taxes receivable 0 313
Other current assets 52,846 40,777
Total current assets 417,848 367,786
Property and equipment, net 152,742 150,589
Right-of-use lease assets 146,508 149,587
Marketable securities, non-current 21,277 23,377
Intangible assets, net 276,267 276,380
Goodwill 1,303,175 1,285,864
Other assets 50,066 52,297
Total assets 2,367,883 2,305,880
Current liabilities:    
Accounts payable and accrued expenses 103,934 95,518
Income taxes payable 9,422 0
Contract liabilities 115,647 73,232
Lease liabilities 25,833 27,005
Total current liabilities 254,836 195,755
Long-term debt 141,743 141,630
Deferred income tax liabilities 39,974 44,595
Lease liabilities, non-current 158,930 162,821
Other long-term liabilities 48,087 47,089
Total liabilities 643,570 591,890
Commitments and contingencies
Stockholders’ equity:    
Common stock, par value $0.01; 32,000,000 shares authorized; 24,592,098 and 24,963,542 shares issued and outstanding at December 31, 2021 and March 31, 2022, respectively 250 246
Additional paid-in capital 1,528,328 1,529,969
Accumulated other comprehensive income 29,185 9,203
Retained earnings 166,550 174,572
Total stockholders’ equity 1,724,313 1,713,990
Total liabilities and stockholders’ equity $ 2,367,883 $ 2,305,880