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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 181,024 $ 213,667
Marketable securities 25,468 9,156
Tuition receivable, net 82,373 62,953
Income taxes receivable 9,719 0
Other current assets 52,330 43,285
Total current assets 350,914 329,061
Property and equipment, net 121,066 132,845
Right-of-use lease assets 115,376 125,248
Marketable securities, non-current 8,609 13,123
Intangible assets, net 253,353 260,541
Goodwill 1,237,982 1,251,277
Other assets 54,812 49,652
Total assets 2,142,112 2,161,747
Current liabilities:    
Accounts payable and accrued expenses 90,057 90,588
Income taxes payable 0 6,989
Contract liabilities 128,650 88,488
Lease liabilities 23,380 23,879
Total current liabilities 242,087 209,944
Long-term debt 101,309 101,396
Deferred income tax liabilities 31,341 34,605
Lease liabilities, non-current 126,975 134,006
Other long-term liabilities 41,794 46,006
Total liabilities 543,506 525,957
Commitments and contingencies
Stockholders’ equity:    
Common stock, par value $0.01; 32,000,000 shares authorized; 24,402,891 and 24,465,671 shares issued and outstanding at December 31, 2022 and June 30, 2023, respectively 245 244
Additional paid-in capital 1,509,077 1,510,924
Accumulated other comprehensive loss (51,084) (35,068)
Retained earnings 140,368 159,690
Total stockholders’ equity 1,598,606 1,635,790
Total liabilities and stockholders’ equity $ 2,142,112 $ 2,161,747