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Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Deferred tax assets:    
Loan reserves $ 356,296 $ 109,369
Stock-based compensation plans 10,914 10,022
Deferred revenue 1,441 1,017
Operating loss carryovers 83 0
Accrued expenses not currently deductible 13,139 12,599
Net unrealized losses 9,047 2,124
Unrecorded tax benefits 6,997 6,049
Market value adjustments on student loans, investments and derivatives 0 0
Other 1,003 874
Total deferred tax assets 398,920 142,054
Deferred tax liabilities:    
Fixed assets 11,098 10,475
Acquired intangible assets 7,767 5,453
Market value adjustments on student loans, investments and derivatives 5,651 3,175
Net unrealized gains 0 0
Federal deferred for state receivable 7,456 5,368
Student loan premiums and discounts, net 11,336 3,398
Other 307 285
Total deferred tax liabilities 43,615 28,154
Net deferred tax assets $ 355,305 $ 113,900