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Business Acquisition (Tables) | 6 Months Ended
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Jun. 30, 2025
Business Combination [Abstract] |
Summary of Fair Values of Assets Acquired and Liabilities Assumed | The following table summarizes the preliminary fair values of assets acquired and liabilities assumed as of acquisition date (dollars in thousands):
|  | USAHS |
|  | December 2, 2024 |
Assets: |  |  |
Student and other receivables |  | $ | 1,771 |
Prepaid assets |  |  | 4,727 |
Property, plant and equipment |  |  | 78,800 |
ROU assets |  |  | 53,271 |
Intangible assets |  |  |
Trade name (indefinite-lived) |  |  | 9,800 |
Customer relationships (2 year life) |  |  | 14,000 |
Course curriculum (4 year life) |  |  | 15,500 |
Accreditation rights (12 year life) |  |  | 25,000 |
Deferred tax asset, net |  |  | 47,626 |
Other assets |  |  | 977 |
Goodwill |  |  | 17,029 |
Total assets acquired |  | $ | 268,501 |
Liabilities: |  |  |
Accounts payable and other accrued liabilities |  | $ | 9,269 |
Deferred revenue |  |  | 10,137 |
Lease liabilities |  |  | 55,625 |
Construction financing |  |  | 56,500 |
Total liabilities assumed |  | $ | 131,531 |
Net assets acquired |  | $ | 136,970 |

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- Definition Tabular disclosure of asset acquired and liability assumed in business combination and recognized at acquisition date. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-1 + Details
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