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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows provided by operating activities:    
Net income $ 71,618 $ 68,010
Adjustments to reconcile net income to net cash provided by operating activities:    
Share-based compensation 3,630 3,483
Depreciation and amortization 7,451 6,653
Amortization of intangible assets 2,105 2,105
Deferred income taxes 2,446 1,724
Other, including fixed asset disposals (207) (208)
Changes in assets and liabilities:    
Accounts receivable from university partners (32,748) (32,899)
Other assets (4,449) (3,757)
Right-of-use assets and lease liabilities 278 335
Accounts payable (2,023) 11,970
Accrued liabilities (5,558) (51)
Income taxes receivable/payable 16,007 17,328
Deferred revenue 9,081 10,270
Net cash provided by operating activities 67,631 84,963
Cash flows used in investing activities:    
Capital expenditures (8,948) (8,979)
Additions of amortizable content (20) (72)
Purchase of equity investment (1,000)  
Purchases of investments (159,920) (19,381)
Proceeds from sale or maturity of investments   23,172
Net cash used in investing activities (169,888) (5,260)
Cash flows used in financing activities:    
Repurchase of common shares and shares withheld in lieu of income taxes (77,857) (29,970)
Net cash used in financing activities (77,857) (29,970)
Net (decrease) increase in cash and cash equivalents and restricted cash (180,114) 49,733
Cash and cash equivalents and restricted cash, beginning of period 324,623 146,475
Cash and cash equivalents and restricted cash, end of period 144,509 196,208
Supplemental disclosure of cash flow information    
Cash paid for interest   2
Cash paid for income taxes 333 295
Supplemental disclosure of non-cash investing and financing activities    
Purchases of property and equipment included in accounts payable 444 2,091
ROU Asset and Liability recognition   25,500
Excise tax on treasury stock repurchases $ 533 $ 34