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Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2023
Accounting Policies [Abstract]  
Schedule of Cash, Cash Equivalents, and Restricted Cash
The following table illustrates the reconciliation of cash, cash equivalents, and restricted cash shown in the unaudited condensed consolidated statements of cash flows as of September 30, 2022 and 2023 (in thousands):
As of September 30,
20222023
Cash and cash equivalents$262,757 $167,707 
Restricted cash included in other current assets15,145 13,238 
Restricted cash included in other assets500 500 
Total cash, cash equivalents, and restricted cash shown in the statement of cash flows$278,402 $181,445 
Schedule of Tuition Receivable and Allowance for Credit Losses
The Company’s tuition receivable and allowance for credit losses were as follows as of December 31, 2022 and September 30, 2023 (in thousands):
December 31, 2022September 30, 2023
Tuition receivable$110,066 $145,775 
Allowance for credit losses(47,113)(48,346)
Tuition receivable, net$62,953 $97,429 
Schedule of Allowance for Credit Losses
The following table illustrates changes in the Company’s allowance for credit losses for the three and nine months ended September 30, 2022 and 2023 (in thousands).
For the three months ended September 30,For the nine months ended September 30,
2022202320222023
Allowance for credit losses, beginning of period$43,507 $45,877 $48,783 $47,113 
Additions charged to expense11,895 14,880 27,899 37,138 
Write-offs, net of recoveries(10,462)(12,411)(31,742)(35,905)
Allowance for credit losses, end of period$44,940 $48,346 $44,940 $48,346 
Schedule of Reconciliation of Shares Used to Calculate Basic and Diluted Earnings per Share
Set forth below is a reconciliation of shares used to calculate basic and diluted earnings per share for the three and nine months ended September 30, 2022 and 2023 (in thousands):
For the three months ended September 30,For the nine months ended September 30,
2022202320222023
Weighted average shares outstanding used to compute basic earnings per share23,550 23,365 23,765 23,415 
Incremental shares issuable upon the assumed exercise of stock options
Unvested restricted stock and restricted stock units349 502 258 533 
Shares used to compute diluted earnings per share23,902 23,870 24,026 23,952 
Anti-dilutive shares excluded from the diluted earnings per share calculation11 276 149 219