Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2023

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 three months ended March 31, 2023 (in thousands):

	U.S. Higher Education		Australia / New Zealand		Education Technology Services		Total
Balance as of December 31, 2022	$	632,075	$	519,202	$	100,000	$	1,251,277
Additions	—		—		—		—
Impairments	—		—		—		—
Currency translation adjustments	—		(7,947)		—		(7,947)
Adjustments to prior acquisitions	—		—		—		—
Balance as of March 31, 2023	$	632,075	$	511,255	$	100,000	$	1,243,330

Schedule of Intangible Assets

The following table represents the balance of the Company’s intangible assets as of December 31, 2022 and March 31, 2023 (in thousands):

	December 31, 2022						March 31, 2023
	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Subject to amortization
Student relationships	$	200,185	$	(191,125)	$	9,060	$	200,107	$	(193,862)	$	6,245
Not subject to amortization
Trade names	251,481		—		251,481		250,470		—		250,470
Total	$	451,666	$	(191,125)	$	260,541	$	450,577	$	(193,862)	$	256,715