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v3.23.3

Long Term Debt (Details) - USD ($) |  | 1 Months Ended | 9 Months Ended |
--- | --- | --- | --- | ---
Nov. 03, 2020 | Sep. 30, 2023 | Sep. 30, 2023 | Sep. 30, 2022 | Dec. 31, 2022
Debt Instrument [Line Items] |  |  |  |  |
Money market funds |  | $ 167,707,000 | $ 167,707,000 | $ 262,757,000 | $ 213,667,000
Repayments of revolving credit facility |  |  | 40,000,000 | 0 |
Revolving Credit Facility |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Repayments of revolving credit facility |  | 40,000,000 |  |  |
Revolving credit facility, outstanding |  | 61,200,000 | 61,200,000 |  | 101,400,000
Interest paid |  |  | 5,400,000 | $ 3,000,000 |
Revolving Credit Facility | Australia, Dollars |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Revolving credit facility, outstanding |  | $ 3,200,000 | $ 3,200,000 |  | $ 3,400,000
Revolving Credit Facility | Minimum |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Unused commitment fee | 0.20% |  |  |  |
Revolving Credit Facility | Minimum | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Margin rate | 1.50% |  |  |  |
Revolving Credit Facility | Maximum |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Unused commitment fee | 0.30% |  |  |  |
Revolving Credit Facility | Maximum | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Margin rate | 2.00% |  |  |  |
Amended Credit Facility | Revolving Credit Facility |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Revolving credit facility, value | $ 350,000,000 |  |  |  |
Maximum aggregate incremental term loans | $ 300,000,000 |  |  |  |
Percentage of consolidated EBITDA to be funded | 100.00% |  |  |  |
Maximum leverage ratio allowed in order to increase obligation | 1.75 |  |  |  |
Debt financing costs | $ 1,900,000 |  |  |  |
Debt instrument term | 5 years |  |  |  |
Maximum total leverage ratio | 2.00 |  |  |  |
Money market funds | $ 150,000,000 |  |  |  |
Minimum coverage ratio | 1.75 |  |  |  |
Minimum department of education financial composite score | 1.0 |  |  |  |
Minimum department of education financial composite score for two consecutive fiscal years | 1.5 |  |  |  |
Amendment to the Credit Facility, Subfacility for Borrowings in Foreign Currencies | Revolving Credit Facility |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Revolving credit facility, value | $ 150,000,000 |  |  |  |

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