Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2022

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 nine months ended September 30, 2022 (in thousands):

	U.S. Higher Education		Australia / New Zealand		Education Technology Services		Total
Balance as of December 31, 2021	$	632,075	$	553,789	$	100,000	$	1,285,864
Additions	—		947		—		947
Impairments	—		—		—		—
Currency translation adjustments	—		(60,312)		—		(60,312)
Adjustments to prior acquisitions	—		—		—		—
Balance as of September 30, 2022	$	632,075	$	494,424	$	100,000	$	1,226,499

Schedule of Intangible Assets

The following table represents the balance of the Company’s intangible assets as of December 31, 2021 and September 30, 2022 (in thousands):

	December 31, 2021						September 30, 2022
	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Subject to amortization
Student relationships	$	201,309	$	(180,007)	$	21,302	$	199,715	$	(188,498)	$	11,217
Not subject to amortization
Trade names	255,078		—		255,078		248,638		—		248,638
Total	$	456,387	$	(180,007)	$	276,380	$	448,353	$	(188,498)	$	259,855