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Acquisition (Tables) | 9 Months Ended
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Sep. 30, 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 | ​ | $ | 9,643
Deferred revenue | ​ | $ | 45
Total net asset or liability purchased and assumed | ​ | $ | 208,047
​ | ​ | ​ | ​
Purchase price | ​ | $ | 365,977
​ | ​ | ​ | ​
Excess of fair value of net assets acquired over consideration given | ​ | $ | 157,930
Schedule of pro forma information related to acquisition of Orbis Education | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended September 30, | ​ | Nine Months Ended September 30,
​ |  | 2019 |  | 2018 | ​ | 2019 |  | 2018
Net revenue | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
As Reported | ​ | $ | 193,289 | ​ | $ | 155,454 | ​ | $ | 565,396 | ​ | $ | 667,953
Pro forma | ​ | $ | 193,289 | ​ | $ | 171,265 | ​ | $ | 568,646 | ​ | $ | 712,304
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
As Reported | ​ | $ | 58,151 | ​ | $ | 33,761 | ​ | $ | 182,506 | ​ | $ | 153,480
Pro forma | ​ | $ | 58,151 | ​ | $ | 29,886 | ​ | $ | 171,261 | ​ | $ | 130,713

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=116869197&loc=d3e4845-128472 + Details
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