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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities      
Net income (loss) $ 1,820 $ (45,407) $ 5,698
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 109,487 102,369 82,410
Provision for credit losses and sales returns 4,500 6,066 11,450
Stock-based compensation expense 127,762 110,294 120,379
Deferred taxes (24,368) (26,644) (2,429)
Amortization of deferred financing costs and discount 1,775 2,364 1,570
Other non-cash adjustments 5,023 5,676 10,490
Changes in operating assets and liabilities, net of acquisition and disposal of businesses:      
Accounts receivable (3,237) (7,340) (6,525)
Prepaid expenses and other assets 16,851 26,235 (2,048)
Trade accounts payable (18,576) 21,607 (9,670)
Accrued expenses and other liabilities (30,275) (2,386) (8,190)
Deferred revenue 8,872 11,059 10,526
Net cash provided by operating activities 199,634 203,893 213,661
Cash flows from investing activities      
Purchase of property and equipment (4,685) (12,289) (11,664)
Capitalized software and content development costs (59,443) (58,774) (40,489)
Purchase of net assets of acquired companies, net of cash and restricted cash acquired (13) (20,912) (419,120)
Cash received in sale of business 0 6,426 0
Other investing activities (250) 0 0
Net cash used in investing activities (64,391) (85,549) (471,273)
Cash flows from financing activities      
Proceeds from issuance of debt 293,200 211,000 582,200
Payments on debt (374,595) (310,740) (152,971)
Debt issuance costs 0 0 (3,106)
Stock issuance costs 0 (1,339) 0
Employee taxes paid for withheld shares upon equity award settlement (35,867) (36,376) (39,404)
Change in due to customers (6,812) 111,386 (13,464)
Change in customer funds receivable (60) 380 (731)
Purchase of treasury stock (18,831) 0 (108,416)
Net cash (used in) provided by financing activities (142,965) (25,689) 264,108
Effect of exchange rate on cash, cash equivalents and restricted cash 2,048 (10,486) 297
Net (decrease) increase in cash, cash equivalents and restricted cash (5,674) 82,169 6,793
Cash, cash equivalents and restricted cash, beginning of year 733,931 651,762 644,969
Cash, cash equivalents and restricted cash, end of year 728,257 733,931 651,762
Supplemental Cash Flow Information [Abstract]      
Cash paid for interest (38,052) (33,371) (16,386)
Cash (paid) for taxes, net of refunds (35,619) (9,670) (10,073)
Purchase of EVERFI through the issuance of stock (see Note 3) 0 0 (303,633)
Purchase of equipment and other assets included in accounts payable (837) (158) (1,747)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]      
Cash and cash equivalents 31,251 31,691  
Total restricted cash 697,006 702,240  
Total cash, cash equivalents and restricted cash in the statement of cash flows 728,257 733,931  
Other debt [Member]      
Purchases by assuming directly related liabilities $ (2,491) $ (1,710) $ 0