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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 202,824 $ 213,667
Marketable securities 24,490 9,156
Tuition receivable, net 71,860 62,953
Assets held for sale 3,793 0
Other current assets 54,046 43,285
Total current assets 357,013 329,061
Property and equipment, net 124,298 132,845
Right-of-use lease assets 120,533 125,248
Marketable securities, non-current 12,699 13,123
Intangible assets, net 256,715 260,541
Goodwill 1,243,330 1,251,277
Other assets 51,180 49,652
Total assets 2,165,768 2,161,747
Current liabilities:    
Accounts payable and accrued expenses 93,147 90,588
Income taxes payable 2,371 6,989
Contract liabilities 122,984 88,488
Lease liabilities 23,207 23,879
Total current liabilities 241,709 209,944
Long-term debt 101,344 101,396
Deferred income tax liabilities 36,338 34,605
Lease liabilities, non-current 131,908 134,006
Other long-term liabilities 44,040 46,006
Total liabilities 555,339 525,957
Commitments and contingencies
Stockholders’ equity:    
Common stock, par value $0.01; 32,000,000 shares authorized; 24,402,891 and 24,591,375 shares issued and outstanding at December 31, 2022 and March 31, 2023, respectively 246 244
Additional paid-in capital 1,511,590 1,510,924
Accumulated other comprehensive loss (44,300) (35,068)
Retained earnings 142,893 159,690
Total stockholders’ equity 1,610,429 1,635,790
Total liabilities and stockholders’ equity $ 2,165,768 $ 2,161,747