Segment and Geographic Information (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Schedule of Financial Information by Reportable Segment

A summary of financial information by reportable segment for the years ended December 31, 2021, 2022, and 2023 is presented in the following table (in thousands):

	2021		2022		2023
Revenues
U.S. Higher Education	$	829,270	$	770,979	$	818,953
Australia/New Zealand	250,124		230,747		233,518
Education Technology Services	52,292		63,754		80,453
Consolidated revenues	$	1,131,686	$	1,065,480	$	1,132,924
Income from operations
U.S. Higher Education	$	104,914	$	38,605	$	59,628
Australia/New Zealand	35,855		30,473		35,862
Education Technology Services	21,311		19,264		29,088
Amortization of intangible assets	(51,495)		(14,350)		(11,457)
Merger and integration costs	(11,201)		(1,117)		(1,544)
Restructuring costs	(25,472)		(2,115)		(16,256)
Consolidated income from operations	$	73,912	$	70,760	$	95,321

The following table presents a schedule of significant non-cash items included in segment income from operations by reportable segment for the years ended December 31, 2021, 2022, and 2023 (in thousands):

	2021		2022		2023
Depreciation and amortization
U.S. Higher Education	$	38,178	$	35,863	$	33,655
Australia/New Zealand	10,640		8,842		8,954
Education Technology Services	1,067		1,589		2,526
Amortization of intangible assets	51,495		14,350		11,457
Merger and integration costs	—		—		336
Restructuring costs	2,036		2,480		385
Consolidated depreciation and amortization	$	103,416	$	63,124	$	57,313
Stock-based compensation
U.S. Higher Education	$	16,926	$	19,572	$	17,653
Australia/New Zealand	1,359		1,073		(117)
Education Technology Services	567		1,147		1,729
Restructuring costs	(703)		—		507
Consolidated stock-based compensation	$	18,149	$	21,792	$	19,772

Schedule of Long-lived Assets by Geographic Areas

The Company’s long-lived assets by geographic area as of December 31, 2022 and 2023 were as follows (in thousands):

	December 31, 2022		December 31, 2023
United States	$	132,179	$	115,453
International	125,914		122,278