XML 16 R21.htm IDEA: XBRL DOCUMENT
v3.20.1

Business Acquisition (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2020
Business Combinations [Abstract] |
Summary of Preliminary Estimated Fair Values of Assets Acquired and Liabilities Assumed | The following table summarizes the preliminary estimated fair values of assets acquired and liabilities assumed as of March 2, 2020 (dollars in thousands):
|  | March 2, 2020 |
Assets: |  |  |  |
Student receivables, net |  | $ | 6,213 |
Other current assets |  |  | 912 |
Property and equipment |  |  | 3,932 |
Intangible assets subject to amortization |  |  |  |
Trade name (useful life of 5 years) |  |  | 1,000 |
Student relationships (useful life of 3 years) |  |  | 8,000 |
Course curriculum (useful life of 3 years) |  |  | 1,400 |
Goodwill |  |  | 31,421 |
Other non-current assets |  |  | 270 |
Total assets acquired |  | $ | 53,148 |
Liabilities: |  |  |  |
Accounts payable and other accrued liabilities |  | $ | 2,582 |
Deferred revenue |  |  | 4,749 |
Loan discharge reserve |  |  | 1,900 |
Other long-term liabilities |  |  | 46 |
Total liabilities assumed |  | $ | 9,277 |
Net assets acquired |  | $ | 43,871 |

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration