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Goodwill and Intangible Assets (Tables) | 9 Months Ended
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Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Changes in Goodwill | The following table presents changes in the carrying value of goodwill by segment for the nine months ended September 30, 2021 (in thousands):
| U.S. Higher Education |  | Australia / New Zealand |  | Alternative Learning |  | Total
Balance as of December 31, 2020 | $ | 732,075 |  |  | $ | 586,451 |  |  | $ | — |  |  | $ | 1,318,526 |
Reporting unit reallocation(1) | (100,000) |  |  | — |  |  | 100,000 |  |  | — |
Additions | — |  |  | — |  |  | — |  |  | — |
Impairments | — |  |  | — |  |  | — |  |  | — |
Currency translation adjustments | — |  |  | (38,567) |  |  | — |  |  | (38,567) |
Adjustments to prior acquisitions(2) | — |  |  | 262 |  |  | — |  |  | 262 |
Balance as of September 30, 2021 | $ | 632,075 |  |  | $ | 548,146 |  |  | $ | 100,000 |  |  | $ | 1,280,221 |
_____________________________________ (1)Represents the reallocation of goodwill as a result of the Company reorganizing its segments in the first quarter of 2021. (2)Represents a measurement period adjustment recorded in the first quarter of 2021, as discussed in Note 3.
Schedule of Intangible Assets | The following table represents the balance of the Company’s intangible assets as of December 31, 2020 and September 30, 2021 (in thousands):
| December 31, 2020 |  | September 30, 2021
| Gross Carrying Amount |  | Accumulated Amortization |  | Net |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Subject to amortization |  |  |  |  |  |  |  |  |  |  |
Student relationships | $ | 202,861 |  |  | $ | (135,703) |  |  | $ | 67,158 |  |  | $ | 201,052 |  |  | $ | (177,091) |  |  | $ | 23,961 |
Not subject to amortization |  |  |  |  |  |  |  |  |  |  |
Trade names | 259,262 |  |  | — |  |  | 259,262 |  |  | 254,404 |  |  | — |  |  | 254,404 |
Total | $ | 462,123 |  |  | $ | (135,703) |  |  | $ | 326,420 |  |  | $ | 455,456 |  |  | $ | (177,091) |  |  | $ | 278,365 |

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- Definition Tabular disclosure of amortizable finite-lived intangible assets, in total and by major class, including the gross carrying amount and accumulated amortization, and indefinite-lived intangible assets not subject to amortization, excluding goodwill, in total and by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by their nature or by their use in the operations of a company. + References No definition available. + Details
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- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 + Details
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