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Segment Reporting
 3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
Strategic Education is an educational services company that provides access to high-quality education through campus-based and online post-secondary education offerings, as well as through programs to develop job-ready skills for high-demand markets. Strategic Education’s portfolio of companies is dedicated to closing the skills gap by placing adults on the most direct path between learning and employment. The Company’s organizational structure includes three operating and reportable segments: U.S. Higher Education, Education Technology Services, and Australia/New Zealand.
The USHE segment provides flexible and affordable certificate and degree programs to working adults primarily through Capella University and Strayer University, including the Jack Welch Management Institute MBA, which is a unit of Strayer University. USHE also operates non-degree web and mobile application development courses through Hackbright Academy and Devmountain, which are units of Strayer University.
The Education Technology Services segment primarily develops and maintains relationships with employers to build employee education benefits programs that provide employees access to affordable and industry-relevant training, certificate, and degree programs. The employer relationships developed by the Education Technology Services segment are an important source of student enrollment for Capella University and Strayer University, and a significant portion of the revenue attributed to the Education Technology Services segment is driven by the volume of enrollment derived from these employer relationships. Education Technology Services also supports employer partners through Workforce Edge, a platform which provides employers a full-service education benefits administration solution, and Sophia Learning, which offers low-cost online general education-level courses recommended by the American Council on Education for credit at other colleges and universities.
The Australia/New Zealand segment is comprised of Torrens University, Think Education, and Media Design School in Australia and New Zealand, which collectively offer certificate and degree programs in business, design, education, hospitality, healthcare, and technology through campuses in Australia, New Zealand, and online.
The Company’s Chief Operating Decision Maker (“CODM”) is the Chief Executive Officer.
Revenue and operating expenses are generally directly attributable to the segments. Inter-segment revenues are not presented separately, as these amounts are immaterial. The Company’s CODM does not evaluate operating segments using asset information. The Company’s CODM assesses the segments’ performance by using each segment’s income from operations, which includes certain enterprise shared services allocations attributable to each of the segments. The Company’s CODM uses income from operations for each segment in the annual budget and forecasting process. On a monthly basis, the CODM reviews budget-to-actual, latest forecast-to-actual, and year-over-year actual variances when reviewing segment performance and making decisions about the allocation of resources to each segment.
A summary of financial information by reportable segment for the three months ended March 31, 2024 is presented in the following table (in thousands):
 U.S. Higher EducationAustralia/New ZealandEducation Technology ServicesTotal
Revenues$219,236 $47,375 $23,639 $290,250 
Segment expenses
Direct segment expenses175,695 45,209 12,429 233,333 
Enterprise shared services allocation15,528 4,421 1,122 21,071 
Segment income (loss) from operations$28,013 $(2,255)$10,088 $35,846 
Unallocated expenses
Restructuring costs5,510 
Consolidated income from operations$41,356 
Other income1,794 
Consolidated income before income taxes$43,150 
A summary of financial information by reportable segment for the three months ended March 31, 2025 is presented in the following table (in thousands):
 U.S. Higher EducationAustralia/New ZealandEducation Technology ServicesTotal
Revenues$221,008 $48,260 $34,322 $303,590 
Segment expenses
Direct segment expenses175,538 45,251 18,808 239,597 
Enterprise shared services allocation15,514 5,105 1,666 22,285 
Segment income (loss) from operations$29,956 $(2,096)$13,848 $41,708 
Unallocated expenses
Restructuring costs(1,914)
Consolidated income from operations$39,794 
Other income2,211 
Consolidated income before income taxes$42,005 
The following table presents a schedule of significant non-cash items included in segment income (loss) from operations by reportable segment for the three months ended March 31, 2024 and 2025 (in thousands):
For the three months ended March 31,
20242025
Depreciation and amortization
U.S. Higher Education$7,828 $7,625 
Australia/New Zealand2,446 2,338 
Education Technology Services795 1,114 
Restructuring costs— 118 
Consolidated depreciation and amortization$11,069 $11,195 
Stock-based compensation
U.S. Higher Education$3,910 $4,380 
Australia/New Zealand894 355 
Education Technology Services389 629 
Restructuring costs136 107 
Consolidated stock-based compensation$5,329 $5,471