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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows provided by operating activities:    
Net income $ 144,355 $ 124,276
Adjustments to reconcile net income to net cash provided by operating activities:    
Share-based compensation 10,855 9,958
Depreciation and amortization 20,707 16,994
Amortization of intangible assets 6,315 6,315
Deferred income taxes (560) 517
Other, including fixed asset disposals (743) (134)
Changes in assets and liabilities:    
Accounts receivable from university partners (37,577) (27,062)
Other assets 1,239 (1,154)
Right-of-use assets and lease liabilities 1,296 1,404
Accounts payable 10,710 3,894
Accrued liabilities 1,747 (910)
Income taxes receivable/payable (10,623) (13,058)
Deferred revenue 6,420 6,237
Net cash provided by operating activities 154,141 127,277
Cash flows provided by (used in) investing activities:    
Capital expenditures (27,501) (34,186)
Additions of amortizable content (227) (809)
Purchases of investments (48,594) (73,462)
Proceeds from sale or maturity of investments 147,619 37,927
Net cash provided by (used in) investing activities 71,297 (70,530)
Cash flows used in financing activities:    
Repurchase of common shares and shares withheld in lieu of income taxes (108,329) (120,285)
Net cash used in financing activities (108,329) (120,285)
Net increase in cash and cash equivalents and restricted cash 117,109 (63,538)
Cash and cash equivalents and restricted cash, beginning of period 146,475 120,409
Cash and cash equivalents and restricted cash, end of period 263,584 56,871
Supplemental disclosure of cash flow information    
Cash paid for interest 4 27
Cash paid for income taxes 51,420 47,654
Supplemental disclosure of non-cash investing and financing activities    
Purchases of property and equipment included in accounts payable 1,604 927
ROU Asset and Liability recognition 6,395 17,674
Excise tax on treasury stock repurchases $ 815 $ 978