Equity Awards

3 Months Ended

Mar. 31, 2024

Share-Based Payment Arrangement [Abstract]

The following table sets forth the amount of stock-based compensation expense recorded in each of the expense line items for the three months ended March 31, 2023 and 2024 (in thousands):


	For the three months ended March 31,
	2023		2024
Instructional and support costs	$	1,866	$	1,233
General and administration	3,766		3,960
Restructuring costs	—		136
Stock-based compensation expense included in operating expense	5,632		5,329
Tax benefit	1,479		1,425
Stock-based compensation expense, net of tax	$	4,153	$	3,904

During the three months ended March 31, 2023 and 2024, the Company recognized shortfall tax impacts of approximately $1.4 million and $1.3 million, respectively, related to share-based payment arrangements, which were adjustments to the provision for income taxes.