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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 168,481 $ 213,667
Marketable securities 39,728 9,156
Tuition receivable, net 76,102 62,953
Other current assets 44,758 43,285
Total current assets 329,069 329,061
Property and equipment, net 118,529 132,845
Right-of-use lease assets 119,202 125,248
Marketable securities, non-current 483 13,123
Intangible assets, net 251,623 260,541
Goodwill 1,251,888 1,251,277
Other assets 54,419 49,652
Total assets 2,125,213 2,161,747
Current liabilities:    
Accounts payable and accrued expenses 90,888 90,588
Income taxes payable 2,200 6,989
Contract liabilities 92,341 88,488
Lease liabilities 24,190 23,879
Total current liabilities 209,619 209,944
Long-term debt 61,400 101,396
Deferred income tax liabilities 28,338 34,605
Lease liabilities, non-current 127,735 134,006
Other long-term liabilities 45,603 46,006
Total liabilities 472,695 525,957
Commitments and contingencies
Stockholders’ equity:    
Common stock, par value $0.01; 32,000,000 shares authorized; 24,402,891 and 24,406,816 shares issued and outstanding at December 31, 2022 and 2023, respectively 244 244
Additional paid-in capital 1,517,650 1,510,924
Accumulated other comprehensive loss (34,247) (35,068)
Retained earnings 168,871 159,690
Total stockholders’ equity 1,652,518 1,635,790
Total liabilities and stockholders’ equity $ 2,125,213 $ 2,161,747