Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following table summarizes the changes in the carrying amount of goodwill by reportable segment as of March 31, 2022 (in thousands):

	RU Segment		HCN Segment		Total Goodwill
	(Unaudited)
Goodwill as of December 31, 2021	$	216,923	$	26,563	$	243,486
Goodwill acquired	—		—		—
Impairment	—		—		—
Adjustments	507		—		507
Goodwill as of March 31, 2022	$	217,430	$	26,563	$	243,993

Schedule of Intangible Assets and Goodwill

The following table represents the balance of the Company’s intangible assets as of March 31, 2022 (in thousands):

	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
	(Unaudited)
Finite-lived intangible assets
Student roster	$	20,000	5,833		14,167
Curricula	14,563		3,140		11,423
Student and customer contracts and relationships	4,614		3,944		670
Lead conversions	1,500		438		1,062
Non-compete agreements	86		86		—
Tradename	35		9		26
Accreditation and licenses	28		3		25
Total finite-lived intangible assets	$	40,826	$	13,453	$	27,373
Indefinite-lived intangible assets
Trade name	28,498		—		28,498
Accreditation, licensing and Title IV	26,186		—		26,186
Affiliation agreements	37		—		37
Total indefinite-lived intangible assets	54,721		—		54,721
Total intangible assets	$	95,547	$	13,453	$	82,094

The following table represents the balance of the Company’s intangible assets as of December 31, 2021 (in thousands):

	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Finite-lived intangible assets
Student roster	$	20,000	3,333		16,667
Curricula	14,405		1,961		12,444
Student contracts and relationships	3,870		3,870		—
Lead conversions	1,500		250		1,250
Non-compete agreements	86		86		—
Total finite-lived intangible assets	$	39,861	$	9,500	$	30,361
Indefinite-lived intangible assets
Trade name	28,498		—		28,498
Accreditation, licensing and Title IV	26,186		—		26,186
Affiliation agreements	37		—		37
Total indefinite-lived intangible assets	54,721		—		54,721
Total intangible assets	$	94,582	$	9,500	$	85,082