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Business Combinations (Tables) | 12 Months Ended
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Dec. 31, 2019
Business Combinations [Abstract] |
Schedule of Components of Aggregate Consideration Transferred for Acquisition | The following table summarizes the components of the aggregate consideration transferred for the acquisition of CEC (in thousands): ​
​ | ​ | ​ | ​
Fair value of Company common stock issued in exchange for CEC outstanding shares(1) |  | $ | 1,209,483
Fair value of Company equity-based awards issued in exchange for CEC equity-based awards | ​ |  | 27,478
Total fair value of consideration transferred | ​ | $ | 1,236,961
(1) | The Company issued 10,263,775 common shares at a market price of $117.84 in exchange for each issued and outstanding share of CEC common stock.
Schedule of Purchase Price Allocated to Assets Acquired and Liabilities Assumed at Fair Value | The fair value of assets acquired and liabilities assumed, as well as a reconciliation to consideration transferred is presented in the table below (in thousands): ​
​ | ​ | ​ | ​
Cash and cash equivalents |  | $ | 167,859
Marketable securities | ​ |  | 31,419
Tuition receivable | ​ |  | 36,716
Income tax receivable | ​ |  | 163
Other current assets | ​ |  | 9,041
Marketable securities, non-current | ​ |  | 34,700
Property and equipment, net | ​ |  | 53,182
Other assets | ​ |  | 14,556
Intangible assets | ​ |  | 349,800
Goodwill | ​ |  | 725,275
Total assets acquired | ​ |  | 1,422,711
Accounts payable and accrued expenses | ​ |  | (48,103)
Contract liabilities | ​ |  | (39,000)
Deferred income taxes | ​ |  | (96,320)
Other long-term liabilities | ​ |  | (2,327)
Total liabilities assumed | ​ |  | (185,750)
Total consideration | ​ | $ | 1,236,961
​
Schedule of Intangible Assets Acquired and Weighted Average useful lives | The table below presents a summary of intangible assets acquired (in thousands) and the weighted average useful lives of these assets: ​
​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ |  | Weighted
​ | ​ | ​ | ​ | ​ | Average
​ | ​ | ​ | ​ | ​ | Useful Life in
​ |  | Fair Value |  | Years
Trade names | ​ | $ | 183,800 |  | Indefinite
Student relationships | ​ |  | 166,000 |  | 3
​ | ​ | $ | 349,800 | ​ | ​
Schedule of Supplemental Pro Forma Financial Information | The pro forma results do not necessarily represent what would have occurred if the acquisition had actually taken place on January 1, 2017, nor do they represent the results that may occur in the future. The pro forma adjustments are based on available information and upon assumptions the Company believes are reasonable to reflect the impact of this acquisition on the Company’s historical financial information on a supplemental pro forma basis. The following table presents the Company’s pro forma combined revenues and net income (in thousands). Pro forma results for the year ended December 31, 2019 are not presented below because the results of CEC are included in the Company’s December 31, 2019 consolidated statement of income. ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Pro Forma Combined
​ | ​ | Year Ended December | ​ | Year Ended December
​ |  | 31, 2017 |  | 31, 2018
Revenue | ​ | $ | 895,262 | ​ | $ | 923,945
Net Income | ​ |  | 16,364 | ​ |  | 41,058
​

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination. + References No definition available. + Details
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- 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=121647850&loc=d3e4845-128472 + Details
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