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Revenue Recognition (Tables) | 3 Months Ended
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Mar. 31, 2022
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 months ended March 31, 2021 and 2022 (in thousands):
| For the three months ended March 31, |  |
| 2021 |  | 2022 |  |  |  |
U.S. Higher Education Segment |  |  |  |  |  |  |
Tuition, net of discounts, grants and scholarships | $ | 217,477 |  |  | $ | 187,355 |  |  |  |  |
Other(1) | 9,070 |  |  | 8,411 |  |  |  |  |
Total U.S. Higher Education Segment | 226,547 |  |  | 195,766 |  |  |  |  |
Australia/New Zealand Segment |  |  |  |  |  |  |
Tuition, net of discounts, grants and scholarships | 50,222 |  |  | 47,536 |  |  |  |  |
Other(1) | 1,043 |  |  | 976 |  |  |  |  |
Total Australia/New Zealand Segment | 51,265 |  |  | 48,512 |  |  |  |  |
Education Technology Services Segment(2) | 12,524 |  |  | 14,577 |  |  |  |  |
Consolidated revenue | $ | 290,336 |  |  | $ | 258,855 |  |  |  |  |
_________________________________________ (1)Other revenue is primarily comprised of academic fees, sales of course materials, placement fees and other non-tuition revenue streams. (2)Education Technology Services 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 three months ended March 31,
| 2021 |  | 2022
Balance at beginning of period | $ | 53,314 |  |  | $ | 52,024 |
Revenue deferred | 6,516 |  |  | 4,368 |
Benefit redeemed | (5,421) |  |  | (5,182) |
Balance at end of period | $ | 54,409 |  |  | $ | 51,210 |

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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130545-203045 + Details
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