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Revenue Recognition (Tables) | 6 Months Ended
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Jun. 30, 2022
Revenue From Contract With Customer [Abstract] |
Summary of Disaggregation of Revenue by Major Source |
|  | For the Quarter Ended June 30, 2022 |  |  | For the Quarter Ended June 30, 2021 |
|  | CTU (4) |  |  | AIUS (5) |  |  | Corporate and Other(6) |  |  | Total |  |  | CTU |  |  | AIUS |  |  | Corporate and Other(6) |  |  | Total |
Tuition, net (1) |  | $ | 94,828 |  |  | $ | 63,083 |  |  | $ | - |  |  | $ | 157,911 |  |  | $ | 95,723 |  |  | $ | 70,123 |  |  | $ | - |  |  | $ | 165,846 |
Technology fees |  |  | 4,658 |  |  |  | 2,929 |  |  |  | - |  |  |  | 7,587 |  |  |  | 5,530 |  |  |  | 2,873 |  |  |  | - |  |  |  | 8,403 |
Other miscellaneous fees (2) |  |  | 263 |  |  |  | 135 |  |  |  | - |  |  |  | 398 |  |  |  | 389 |  |  |  | 166 |  |  |  | - |  |  |  | 555 |
Total tuition and fees, net |  |  | 99,749 |  |  |  | 66,147 |  |  |  | - |  |  |  | 165,896 |  |  |  | 101,642 |  |  |  | 73,162 |  |  |  | - |  |  |  | 174,804 |
Other revenue (3) |  |  | 712 |  |  |  | 773 |  |  |  | 303 |  |  |  | 1,788 |  |  |  | 393 |  |  |  | 61 |  |  |  | 281 |  |  |  | 735 |
Total revenue |  | $ | 100,461 |  |  | $ | 66,920 |  |  | $ | 303 |  |  | $ | 167,684 |  |  | $ | 102,035 |  |  | $ | 73,223 |  |  | $ | 281 |  |  | $ | 175,539 |
|  | For the Year to Date Ended June 30, 2022 |  |  | For the Year to Date Ended June 30, 2021 |
|  | CTU (4) |  |  | AIUS (5) |  |  | Corporate and Other(6) |  |  | Total |  |  | CTU |  |  | AIUS |  |  | Corporate and Other(6) |  |  | Total |
Tuition, net (1) |  | $ | 201,755 |  |  | $ | 128,534 |  |  | $ | - |  |  | $ | 330,289 |  |  | $ | 195,328 |  |  | $ | 144,621 |  |  | $ | - |  |  | $ | 339,949 |
Technology fees |  |  | 10,100 |  |  |  | 6,039 |  |  |  | - |  |  |  | 16,139 |  |  |  | 11,013 |  |  |  | 5,668 |  |  |  | - |  |  |  | 16,681 |
Other miscellaneous fees (2) |  |  | 445 |  |  |  | 350 |  |  |  | - |  |  |  | 795 |  |  |  | 681 |  |  |  | 324 |  |  |  | - |  |  |  | 1,005 |
Total tuition and fees, net |  |  | 212,300 |  |  |  | 134,923 |  |  |  | - |  |  |  | 347,223 |  |  |  | 207,022 |  |  |  | 150,613 |  |  |  | - |  |  |  | 357,635 |
Other revenue (3) |  |  | 1,309 |  |  |  | 1,529 |  |  |  | 582 |  |  |  | 3,420 |  |  |  | 835 |  |  |  | 87 |  |  |  | 620 |  |  |  | 1,542 |
Total revenue |  | $ | 213,609 |  |  | $ | 136,452 |  |  | $ | 582 |  |  | $ | 350,643 |  |  | $ | 207,857 |  |  | $ | 150,700 |  |  | $ | 620 |  |  | $ | 359,177 |
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| (1) | Tuition includes revenue earned for degree-granting programs as well as revenue earned for non-degree professional development and continuing education offerings.
| (2) | Other miscellaneous fees primarily include graduation fees.
| (3) | Other revenue primarily includes contract training revenue and miscellaneous non-student related revenue.
| (4) | CTU includes revenue related to an acquisition completed on September 10, 2021.
| (5) | AIUS includes revenue related to an acquisition completed on August 2, 2021.
| (6) | Revenue recorded within Corporate and Other relates to miscellaneous non-student related revenue.
Summary of Deferred Revenue Balances Offset with Contract Assets | The amount of deferred revenue balances which are being offset with contract assets balances as of June 30, 2022 and December 31, 2021 were as follows (dollars in thousands):
|  | As of |
|  | June 30, 2022 |  |  | December 31, 2021 |
Gross deferred revenue |  | $ | 67,485 |  |  | $ | 113,719 |
Gross contract assets |  |  | (31,918 | ) |  |  | (43,106 | )
Deferred revenue, net |  | $ | 35,567 |  |  | $ | 70,613 |
Changes in Deferred Revenue Balances | Changes in our deferred revenue balances for the quarters and years to date ended June 30, 2022 and 2021 were as follows (dollars in thousands):
|  | For the Quarter Ended June 30, 2022 |  |  | For the Quarter Ended June 30, 2021 |
|  | CTU |  |  | AIUS |  |  | Total |  |  | CTU |  |  | AIUS |  |  | Total |
Gross deferred revenue, April 1 |  | $ | 39,343 |  |  | $ | 28,507 |  |  | $ | 67,850 |  |  | $ | 25,136 |  |  | $ | 32,886 |  |  | $ | 58,022 |
Revenue earned from prior balances |  |  | (33,358 | ) |  |  | (23,850 | ) |  |  | (57,208 | ) |  |  | (22,814 | ) |  |  | (26,977 | ) |  |  | (49,791 | )
Billings during period(1) |  |  | 88,990 |  |  |  | 76,034 |  |  |  | 165,024 |  |  |  | 155,861 |  |  |  | 83,904 |  |  |  | 239,765 |
Revenue earned for new billings during the period |  |  | (66,391 | ) |  |  | (42,297 | ) |  |  | (108,688 | ) |  |  | (78,828 | ) |  |  | (46,185 | ) |  |  | (125,013 | )
Other adjustments |  |  | 273 |  |  |  | 234 |  |  |  | 507 |  |  |  | (1,537 | ) |  |  | 21 |  |  |  | (1,516 | )
Gross deferred revenue, June 30 |  | $ | 28,857 |  |  | $ | 38,628 |  |  | $ | 67,485 |  |  | $ | 77,818 |  |  | $ | 43,649 |  |  | $ | 121,467 |
|  | For the Year to Date Ended June 30, 2022 |  |  | For the Year to Date Ended June 30, 2021 |
|  | CTU |  |  | AIU |  |  | Total |  |  | CTU |  |  | AIU |  |  | Total |
Gross deferred revenue, January 1 |  | $ | 64,674 |  |  | $ | 49,045 |  |  | $ | 113,719 |  |  | $ | 28,522 |  |  | $ | 56,880 |  |  | $ | 85,402 |
Revenue earned from prior balances |  |  | (55,433 | ) |  |  | (38,066 | ) |  |  | (93,499 | ) |  |  | (25,698 | ) |  |  | (44,809 | ) |  |  | (70,507 | )
Billings during period(1) |  |  | 175,611 |  |  |  | 124,609 |  |  |  | 300,220 |  |  |  | 257,645 |  |  |  | 136,465 |  |  |  | 394,110 |
Revenue earned for new billings during the period |  |  | (156,867 | ) |  |  | (96,857 | ) |  |  | (253,724 | ) |  |  | (181,324 | ) |  |  | (105,804 | ) |  |  | (287,128 | )
Other adjustments |  |  | 872 |  |  |  | (103 | ) |  |  | 769 |  |  |  | (1,327 | ) |  |  | 917 |  |  |  | (410 | )
Gross deferred revenue, June 30 |  | $ | 28,857 |  |  | $ | 38,628 |  |  | $ | 67,485 |  |  | $ | 77,818 |  |  | $ | 43,649 |  |  | $ | 121,467 |
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| (1) | Billings during period includes adjustments for prior billings.

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