Acquisition (Tables)

12 Months Ended

Dec. 31, 2019

Acquisition

Schedule of allocation of total purchase price to assets acquired and liabilities assumed

Assets acquired
Cash, including $300 of pledged collateral	$	4,793
Accounts receivable, net of allowance of $0	$	3,236
Property and equipment	$	5,392
Right-of-use assets	$	13,069
Intangible assets	$	210,280
Other assets	$	2,793
Liabilities assumed
Accounts payable	$	4,308
Accrued and other liabilities	$	4,451
Lease liability	$	13,069
Deferred tax liability	$	9,538
Deferred revenue	$	45
Total net asset or liability purchased and assumed	$	208,152
Purchase price	$	365,977
Excess of fair value of net assets acquired over consideration given	$	157,825

Schedule of pro forma information related to acquisition of Orbis Education

	Three Months Ended December 31,				Year Ended December 31,
	2019		2018		2019		2018
Net revenue
As Reported	$	213,247	$	177,548	$	778,643	$	845,501
Pro forma	$	213,247	$	195,656	$	781,893	$	907,960
Net income
As Reported	$	76,669	$	75,531	$	259,175	$	229,011
Pro forma	$	76,669	$	69,551	$	247,930	$	200,264