Revenue Recognition (Tables)

9 Months Ended

Sep. 30, 2021

Revenue from Contract with Customer [Abstract]

Summary of Disaggregation of Revenue from Contracts with Customers

The following table presents the Company’s revenues from contracts with customers disaggregated by material revenue category for the three and nine months ended September 30, 2020 and 2021 (in thousands):


	For the three months ended September 30,				For the nine months ended September 30,
	2020		2021		2020		2021
U.S. Higher Education Segment
Tuition, net of discounts, grants and scholarships	$	221,235	$	184,126	$	704,251	$	605,036
Other(1)	9,076		7,767		28,923		25,611
Total U.S. Higher Education Segment	230,311		191,893		733,174		630,647
Australia/New Zealand Segment
Tuition, net of discounts, grants and scholarships	—		64,456		—		187,018
Other(1)	—		768		—		3,531
Total Australia/New Zealand Segment	—		65,224		—		190,549
Alternative Learning Segment(2)	8,715		12,961		26,985		38,391
Consolidated revenue	$	239,026	$	270,078	$	760,159	$	859,587

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(1)Other revenue is primarily comprised of academic fees, sales of course materials, placement fees and other non-tuition revenue streams.

(2)Alternative Learning revenue is primarily derived from tuition revenue.

Schedule of Graduation Fund liability

The table below presents activity in the contract liability related to the Graduation Fund (in thousands):


	For the nine months ended September 30,
	2020		2021
Balance at beginning of period	$	49,641	$	53,314
Revenue deferred	19,044		15,005
Benefit redeemed	(17,077)		(16,733)
Balance at end of period	$	51,608	$	51,586