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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 262,757 $ 268,918
Marketable securities 11,387 6,501
Tuition receivable, net 81,676 51,277
Income taxes receivable 0 313
Other current assets 46,928 40,777
Total current assets 402,748 367,786
Property and equipment, net 136,073 150,589
Right-of-use lease assets 125,081 149,587
Marketable securities, non-current 14,648 23,377
Intangible assets, net 259,855 276,380
Goodwill 1,226,499 1,285,864
Other assets 50,347 52,297
Total assets 2,215,251 2,305,880
Current liabilities:    
Accounts payable and accrued expenses 101,357 95,518
Income taxes payable 3,316 0
Contract liabilities 131,705 73,232
Lease liabilities 23,539 27,005
Total current liabilities 259,917 195,755
Long-term debt 141,234 141,630
Deferred income tax liabilities 33,688 44,595
Lease liabilities, non-current 136,791 162,821
Other long-term liabilities 45,139 47,089
Total liabilities 616,769 591,890
Commitments and contingencies
Stockholders’ equity:    
Common stock, par value $0.01; 32,000,000 shares authorized; 24,592,098 and 24,454,377 shares issued and outstanding at December 31, 2021 and September 30, 2022, respectively 245 246
Additional paid-in capital 1,507,902 1,529,969
Accumulated other comprehensive income (loss) (66,369) 9,203
Retained earnings 156,704 174,572
Total stockholders’ equity 1,598,482 1,713,990
Total liabilities and stockholders’ equity $ 2,215,251 $ 2,305,880