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Subsequent Event | 12 Months Ended
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Dec. 31, 2015
Subsequent Event [Abstract] |
Subsequent Event | 16. Subsequent Event On January 13, 2016, the Company acquired all of the outstanding shares of the New York Code and Design Academy, a provider of non-degree web and mobile app development courses. NYCDA will operate as a wholly owned subsidiary of the Company, and will maintain its current headquarters and management team based in New York City. The purchase price includes $7.0 million paid up front in cash, plus an additional contingent cash payment of up to $18.0 million based on the achievement of certain performance objectives including NYCDA’s future revenue and results of operations for the five-year period ending December 31, 2020. NYCDA’s operating results will be included in the Company’s consolidated financial statements from the date of the acquisition.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References No definition available. + Details
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