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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 222,116 $ 168,481
Marketable securities 31,448 39,728
Tuition receivable, net 83,082 76,102
Other current assets 53,801 44,758
Total current assets 390,447 329,069
Property and equipment, net 116,419 118,529
Right-of-use lease assets 114,653 119,202
Marketable securities, non-current 0 483
Intangible assets, net 248,855 251,623
Goodwill 1,229,882 1,251,888
Other assets 54,980 54,419
Total assets 2,155,236 2,125,213
Current liabilities:    
Accounts payable and accrued expenses 99,245 90,888
Income taxes payable 10,659 2,200
Contract liabilities 128,503 92,341
Lease liabilities 23,316 24,190
Total current liabilities 261,723 209,619
Long-term debt 61,256 61,400
Deferred income tax liabilities 30,439 28,338
Lease liabilities, non-current 116,350 127,735
Other long-term liabilities 42,885 45,603
Total liabilities 512,653 472,695
Commitments and contingencies
Stockholders’ equity:    
Common stock, par value $0.01; 32,000,000 shares authorized; 24,406,816 and 24,607,939 shares issued and outstanding at December 31, 2023 and March 31, 2024, respectively 246 244
Additional paid-in capital 1,519,291 1,517,650
Accumulated other comprehensive loss (60,754) (34,247)
Retained earnings 183,800 168,871
Total stockholders’ equity 1,642,583 1,652,518
Total liabilities and stockholders’ equity $ 2,155,236 $ 2,125,213