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Pay vs Performance Disclosure - USD ($)

2 Months Ended

12 Months Ended

22 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Dec. 31, 2020

Nov. 15, 2023

Pay vs Performance Disclosure

Pay vs Performance Disclosure, Table

In accordance with Item 402(v) of Regulation S-K of the Exchange Act adopted by the Securities and Exchange Commission, we provide the following disclosure regarding executive compensation for our principal executive officer (“PEO”) and Non-PEO named executive officers (“NEOs”) and Company performance for the fiscal years listed below. The table below does not necessarily reflect value actually earned, realized, or received by our PEO and Non-PEO NEOs. The Compensation Committee did not consider the pay versus performance disclosure below in making its pay decisions for any of the years shown.


														Value of Initial
	Summary		Summary							Average Summary		Average		Fixed $100 Investment Based on:4						Adjusted
	Compensation		Compensation		Compensation			Compensation		Compensation		Compensation		Total		Peer				Operating
	Table Total for		Table Total for		Actually Paid to			Actually Paid to		Table Total for		Actually Paid to		Shareholder		Group		Net Income		Income5
Year	Todd S. Nelson1		Andrew H. Hurst1		Todd S. Nelson1,2,3			Andrew H. Hurst1,2,3		Non-PEO NEOs1		Non-PEO NEOs1,2,3		Return ("TSR")		TSR		($ Millions)		($ Millions)
(a)	(b)		(b)		(c)			(c)		(d)		(e)		(f)		(g)		(h)		(i)
2023	$	4,504,386	$	4,086,115	$	7,541,502		$	1,090,971	$	1,718,696	$	2,441,329	$	96.74	$	89.58	$	147.7	$	199.2
2022	$	4,512,179	$	2,537,725	$	5,745,977		$	3,004,639	$	1,415,745	$	1,659,444	$	75.58	$	73.31	$	95.9	$	175.8
2021	$	4,998,632	-		$	4,575,611		-		$	1,425,824	$	1,283,784	$	63.95	$	93.43	$	109.6	$	183.6
2020	$	4,870,453	-		$	(35,983	)	-		$	1,319,620	$	99,805	$	68.68	$	111.02	$	124.3	$	170.6

(1) Todd S. Nelson was our PEO from 2020 through January 20, 2022, then again from November 16, 2023 to present. Andrew H. Hurst was our PEO from January 20, 2022 through November 15, 2023. The individuals comprising the Non-PEO named executive officers for each fiscal year presented are listed below.


2020	2021	2022	2023
Andrew H. Hurst	Andrew H. Hurst	Ashish R. Ghia	Ashish R. Ghia
Ashish R. Ghia	Ashish R. Ghia	Greg E. Jansen	Greg E. Jansen
Jeffrey D. Ayers	Jeffrey D. Ayers	John R. Kline	John R. Kline
John R. Kline	John R. Kline	Elise L. Baskel	Elise L. Baskel

(2) The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 3 below.

(3) Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below, calculated in accordance with SEC rules. Equity values are calculated in accordance with FASB ASC Topic 718.


Year	Summary Compensation Table Total for Todd S. Nelson		Exclusion of Stock Awards for Todd S. Nelson		Inclusion of Equity Values for Todd S. Nelson			Compensation Actually Paid to Todd S. Nelson
2023	$	4,504,386	$	2,004,036	$	5,041,152		$	7,541,502
2022	$	4,512,179	$	2,043,087	$	3,276,885		$	5,745,977
2021	$	4,998,632	$	2,297,832	$	1,874,811		$	4,575,611
2020	$	4,870,453	$	2,169,753	$	(2,736,682	)	$	(35,983	)


Year	Summary Compensation Table Total for Andrew H. Hurst		Exclusion of Stock Awards for Andrew H. Hurst		Inclusion of Equity Values for Andrew H. Hurst			Compensation Actually Paid to Andrew H. Hurst
2023	$	4,086,115	$	1,240,590	$	(1,754,554	)	$	1,090,971
2022	$	2,537,725	$	1,070,169	$	1,537,083		$	3,004,639


Year	Average Summary Compensation Table Total for Non-PEO NEOs		Average Exclusion of Stock Awards Non-PEO NEOs		Average Inclusion of Equity Values Non-PEO NEOs			Average Compensation Actually Paid to Non-PEO NEOs
2023	$	1,718,696	$	534,067	$	1,256,700		$	2,441,329
2022	$	1,415,745	$	490,290	$	733,989		$	1,659,444
2021	$	1,425,824	$	480,891	$	338,851		$	1,283,784
2020	$	1,319,620	$	409,676	$	(810,138	)	$	99,805


Year	Fiscal Year-end Fair Value of Equity Awards Granted During Fiscal Year That Remained Unvested as of Last Day of Fiscal Year for Todd S. Nelson		Change in Fair Value from Last Day of Prior Fiscal Year to Last Day of Fiscal Year for Todd S. Nelson			Vesting Date Fair Value of Equity Awards Granted During Fiscal Year that Vested During Fiscal Year for Todd S. Nelson		Change in Fair Value from Last Day of Prior Fiscal Year to Vesting Date of Unvested Equity Awards that Vested During Fiscal Year for Todd S. Nelson			Fair Value at Last Day of Prior Fiscal Year of Equity Awards Forfeited During Fiscal Year for Todd S. Nelson			Total Inclusion of Equity Values for Todd S. Nelson
2023	$	3,853,015	$	1,272,113		$	0	$	(83,976	)	$	0		$	5,041,152
2022	$	2,728,042	$	662,876		$	0	$	(114,033	)	$	0		$	3,276,885
2021	$	2,286,168	$	(238,435	)	$	0	$	(63,793	)	$	(109,129	)	$	1,874,811
2020	$	1,785,276	$	(2,879,354	)	$	0	$	(1,642,604	)	$	0		$	(2,736,682	)


Year	Fiscal Year-end Fair Value of Equity Awards Granted During Fiscal Year That Remained Unvested as of Last Day of Fiscal Year for Andrew H. Hurst		Change in Fair Value from Last Day of Prior Fiscal Year to Last Day of Fiscal Year for Andrew H. Hurst		Vesting Date Fair Value of Equity Awards Granted During Fiscal Year that Vested During Fiscal Year for Andrew H. Hurst		Change in Fair Value from Last Day of Prior Fiscal Year to Vesting Date of Unvested Equity Awards that Vested During Fiscal Year for Andrew H. Hurst			Fair Value at Last Day of Prior Fiscal Year of Equity Awards Forfeited During Fiscal Year for Andrew H. Hurst			Total Inclusion of Equity Values for Andrew H. Hurst
2023	$	0	$	0	$	0	$	(20,863	)	$	(1,733,691	)	$	(1,754,554	)
2022	$	1,428,948	$	131,156	$	0	$	(23,021	)	$	0		$	1,537,083


Year	Average Fiscal Year-end Fair Value of Equity Awards Granted During Fiscal Year That Remained Unvested as of Last Day of Fiscal Year for Non-PEO NEOs		Average Change in Fair Value from Last Day of Prior Fiscal Year to Last Day of Fiscal Year for Non-PEO NEOs			Average Vesting Date Fair Value of Equity Awards Granted During Fiscal Year that Vested During Fiscal Year for Non-PEO NEOs		Average Change in Fair Value from Last Day of Prior Fiscal Year to Vesting Date of Unvested Equity Awards that Vested During Fiscal Year for Non-PEO NEOs			Average Fair Value at Last Day of Prior Fiscal Year of Equity Awards Forfeited During Fiscal Year for Non-PEO NEOs			Total Average Inclusion of Equity Values for Non-PEO NEOs
2023	$	1,026,821	$	243,249		$	0	$	(13,370	)	$	0		$	1,256,700
2022	$	654,662	$	95,423		$	0	$	(16,096	)	$	0		$	733,989
2021	$	478,450	$	(46,861	)	$	0	$	(75,925	)	$	(16,813	)	$	338,851
2020	$	337,082	$	(893,953	)	$	0	$	(253,267	)	$	0		$	(810,138	)

(4) The Peer Group TSR set forth in this table utilizes the companies used as a peer group for purposes of the Company’s disclosures under Item 402(b) of Regulation S-K. The returns of each component issuer of the group have been weighted according to their stock market capitalization at the beginning of each period. The comparison assumes $100 was invested for the period starting December 31, 2019, through the end of the listed year in the Company and in the companies used as a peer group, respectively. The companies used as a peer group for 2020, 2021, and 2022, are as follows: 2U, Inc., Adtalem Global Education Inc., American Public Education, Inc., Bright Horizons Family Solutions Inc., Chegg, Inc., Cornerstone OnDemand, Inc., Graham Holdings Company, Grand Canyon Education, Inc., Heidrick & Struggles International, Inc., Houghton Mifflin Harcourt Company, Huron Consulting Group Inc., Kforce Inc., Korn Ferry, Lincoln Educational Services Corporation, Strategic Education, Inc., Stride, Inc., Universal Technical Institute, Inc., WW International, Inc., and Zovio Inc. In 2023, the Company removed Zovio Inc. due to their dissolution, with no other changes..

(5) We determined Adjusted Operating Income to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEOs and Non-PEO NEOs in 2023. Adjusted Operating Income is defined, for purposes of the annual incentive plan, as set forth above in the “Compensation Discussion and Analysis” section. For years 2020, 2021, and 2022, the most important financial measure was Adjusted EBITDA; the change from Adjusted EBITDA to Adjusted Operating Income did not involve a substantive or economic value change and was made for more consistent nomenclature. We may determine a different financial performance measure to be the most important financial performance measure in future years. For a reconciliation of adjusted operating income to operating income, the most directly corresponding GAAP financial measure, see Appendix A.

Company Selected Measure Name

Adjusted Operating Income

Named Executive Officers, Footnote

1) Todd S. Nelson was our PEO from 2020 through January 20, 2022, then again from November 16, 2023 to present. Andrew H. Hurst was our PEO from January 20, 2022 through November 15, 2023. The individuals comprising the Non-PEO named executive officers for each fiscal year presented are listed below.


2020	2021	2022	2023
Andrew H. Hurst	Andrew H. Hurst	Ashish R. Ghia	Ashish R. Ghia
Ashish R. Ghia	Ashish R. Ghia	Greg E. Jansen	Greg E. Jansen
Jeffrey D. Ayers	Jeffrey D. Ayers	John R. Kline	John R. Kline
John R. Kline	John R. Kline	Elise L. Baskel	Elise L. Baskel

Peer Group Issuers, Footnote

The Peer Group TSR set forth in this table utilizes the companies used as a peer group for purposes of the Company’s disclosures under Item 402(b) of Regulation S-K. The returns of each component issuer of the group have been weighted according to their stock market capitalization at the beginning of each period. The comparison assumes $100 was invested for the period starting December 31, 2019, through the end of the listed year in the Company and in the companies used as a peer group, respectively. The companies used as a peer group for 2020, 2021, and 2022, are as follows: 2U, Inc., Adtalem Global Education Inc., American Public Education, Inc., Bright Horizons Family Solutions Inc., Chegg, Inc., Cornerstone OnDemand, Inc., Graham Holdings Company, Grand Canyon Education, Inc., Heidrick & Struggles International, Inc., Houghton Mifflin Harcourt Company, Huron Consulting Group Inc., Kforce Inc., Korn Ferry, Lincoln Educational Services Corporation, Strategic Education, Inc., Stride, Inc., Universal Technical Institute, Inc., WW International, Inc., and Zovio Inc. In 2023, the Company removed Zovio Inc. due to their dissolution, with no other changes..

Adjustment To PEO Compensation, Footnote

3) Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below, calculated in accordance with SEC rules. Equity values are calculated in accordance with FASB ASC Topic 718.


Year	Summary Compensation Table Total for Todd S. Nelson		Exclusion of Stock Awards for Todd S. Nelson		Inclusion of Equity Values for Todd S. Nelson			Compensation Actually Paid to Todd S. Nelson
2023	$	4,504,386	$	2,004,036	$	5,041,152		$	7,541,502
2022	$	4,512,179	$	2,043,087	$	3,276,885		$	5,745,977
2021	$	4,998,632	$	2,297,832	$	1,874,811		$	4,575,611
2020	$	4,870,453	$	2,169,753	$	(2,736,682	)	$	(35,983	)


Year	Summary Compensation Table Total for Andrew H. Hurst		Exclusion of Stock Awards for Andrew H. Hurst		Inclusion of Equity Values for Andrew H. Hurst			Compensation Actually Paid to Andrew H. Hurst
2023	$	4,086,115	$	1,240,590	$	(1,754,554	)	$	1,090,971
2022	$	2,537,725	$	1,070,169	$	1,537,083		$	3,004,639


Year	Average Summary Compensation Table Total for Non-PEO NEOs		Average Exclusion of Stock Awards Non-PEO NEOs		Average Inclusion of Equity Values Non-PEO NEOs			Average Compensation Actually Paid to Non-PEO NEOs
2023	$	1,718,696	$	534,067	$	1,256,700		$	2,441,329
2022	$	1,415,745	$	490,290	$	733,989		$	1,659,444
2021	$	1,425,824	$	480,891	$	338,851		$	1,283,784
2020	$	1,319,620	$	409,676	$	(810,138	)	$	99,805


Year	Fiscal Year-end Fair Value of Equity Awards Granted During Fiscal Year That Remained Unvested as of Last Day of Fiscal Year for Todd S. Nelson		Change in Fair Value from Last Day of Prior Fiscal Year to Last Day of Fiscal Year for Todd S. Nelson			Vesting Date Fair Value of Equity Awards Granted During Fiscal Year that Vested During Fiscal Year for Todd S. Nelson		Change in Fair Value from Last Day of Prior Fiscal Year to Vesting Date of Unvested Equity Awards that Vested During Fiscal Year for Todd S. Nelson			Fair Value at Last Day of Prior Fiscal Year of Equity Awards Forfeited During Fiscal Year for Todd S. Nelson			Total Inclusion of Equity Values for Todd S. Nelson
2023	$	3,853,015	$	1,272,113		$	0	$	(83,976	)	$	0		$	5,041,152
2022	$	2,728,042	$	662,876		$	0	$	(114,033	)	$	0		$	3,276,885
2021	$	2,286,168	$	(238,435	)	$	0	$	(63,793	)	$	(109,129	)	$	1,874,811
2020	$	1,785,276	$	(2,879,354	)	$	0	$	(1,642,604	)	$	0		$	(2,736,682	)


Year	Fiscal Year-end Fair Value of Equity Awards Granted During Fiscal Year That Remained Unvested as of Last Day of Fiscal Year for Andrew H. Hurst		Change in Fair Value from Last Day of Prior Fiscal Year to Last Day of Fiscal Year for Andrew H. Hurst		Vesting Date Fair Value of Equity Awards Granted During Fiscal Year that Vested During Fiscal Year for Andrew H. Hurst		Change in Fair Value from Last Day of Prior Fiscal Year to Vesting Date of Unvested Equity Awards that Vested During Fiscal Year for Andrew H. Hurst			Fair Value at Last Day of Prior Fiscal Year of Equity Awards Forfeited During Fiscal Year for Andrew H. Hurst			Total Inclusion of Equity Values for Andrew H. Hurst
2023	$	0	$	0	$	0	$	(20,863	)	$	(1,733,691	)	$	(1,754,554	)
2022	$	1,428,948	$	131,156	$	0	$	(23,021	)	$	0		$	1,537,083


Year	Average Fiscal Year-end Fair Value of Equity Awards Granted During Fiscal Year That Remained Unvested as of Last Day of Fiscal Year for Non-PEO NEOs		Average Change in Fair Value from Last Day of Prior Fiscal Year to Last Day of Fiscal Year for Non-PEO NEOs			Average Vesting Date Fair Value of Equity Awards Granted During Fiscal Year that Vested During Fiscal Year for Non-PEO NEOs		Average Change in Fair Value from Last Day of Prior Fiscal Year to Vesting Date of Unvested Equity Awards that Vested During Fiscal Year for Non-PEO NEOs			Average Fair Value at Last Day of Prior Fiscal Year of Equity Awards Forfeited During Fiscal Year for Non-PEO NEOs			Total Average Inclusion of Equity Values for Non-PEO NEOs
2023	$	1,026,821	$	243,249		$	0	$	(13,370	)	$	0		$	1,256,700
2022	$	654,662	$	95,423		$	0	$	(16,096	)	$	0		$	733,989
2021	$	478,450	$	(46,861	)	$	0	$	(75,925	)	$	(16,813	)	$	338,851
2020	$	337,082	$	(893,953	)	$	0	$	(253,267	)	$	0		$	(810,138	)

Non-PEO NEO Average Total Compensation Amount

$ 1,718,696

$ 1,415,745

$ 1,425,824

$ 1,319,620

Non-PEO NEO Average Compensation Actually Paid Amount

$ 2,441,329

1,659,444

1,283,784

99,805

Compensation Actually Paid vs. Total Shareholder Return

Compensation Actually Paid vs. Net Income

Compensation Actually Paid vs. Company Selected Measure

Total Shareholder Return Vs Peer Group

Tabular List, Table

Tabular List of Most Important Financial Performance Measure. The following presents the financial performance measure that the Company considers to have been the most important in linking Compensation Actually Paid to our PEOs and other NEOs for 2023 to Company performance. The financial performance component of AIP and the performance condition used for performance-based restricted stock units were based solely on a company-wide Adjusted Operating Income performance measure.

Adjusted Operating Income

Total Shareholder Return Amount

$ 96.74

75.58

63.95

68.68

Peer Group Total Shareholder Return Amount

89.58

73.31

93.43

111.02

Net Income (Loss)

$ 147,700,000

$ 95,900,000

$ 109,600,000

$ 124,300,000

Company Selected Measure Amount

199,200,000

175,800,000

183,600,000

170,600,000

PEO Name

Todd S. Nelson

Andrew H. Hurst

Additional 402(v) Disclosure

2) The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 3 below.

Measure:: 1