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Pay vs Performance Disclosure
 12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Pay vs Performance Disclosure [Table]          
Pay vs Performance [Table Text Block]
Pay Versus Performance
As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between executive compensation actually paid and the financial performance of the Company.
Year
​ ​
Summary
Compensation
Table Total
for PEO(1)
​ ​
Compensation
Actually
Paid to PEO(2)
​ ​
Average
Summary
Compensation
Table Total
for Non-PEO
NEOs(3)
​ ​
Average
Compensation
Actually
Paid
to Non-PEO
NEOs(4)
​ ​
Value of Initial
Fixed $100
Investment Based On:
​ ​
Net
Income
(Loss)(7)
​ ​
Company-
Selected
Measure:
Revenue(8)
​
​
Total
Shareholder
Return(5)
​ ​
Peer Group
Total
Shareholder
Return(5)(6)
​
2022
​ ​ ​ $ 5,468,805 ​ ​ ​ ​ $ 10,041,112 ​ ​ ​ ​ $ 2,810,650 ​ ​ ​ ​ $ 4,730,500 ​ ​ ​ ​ $ 98.77 ​ ​ ​ ​ $ 110.75 ​ ​ ​ ​ $ 46,670,000 ​ ​ ​ ​ $ 1,073,853,000 ​ ​
2021
​ ​ ​ $ 6,197,825 ​ ​ ​ ​ $ 1,252,419 ​ ​ ​ ​ $ 2,442,544 ​ ​ ​ ​ $ 596,087 ​ ​ ​ ​ $ 70.78 ​ ​ ​ ​ $ 129.92 ​ ​ ​ ​ $ 55,087,000 ​ ​ ​ ​ $ 1,132,123,000 ​ ​
2020
​ ​ ​ $ 4,613,413 ​ ​ ​ ​ $ (1,795,185) ​ ​ ​ ​ $ 2,282,923 ​ ​ ​ ​ $ (158,031) ​ ​ ​ ​ $ 112.00 ​ ​ ​ ​ $ 175.60 ​ ​ ​ ​ $ 86,268,000 ​ ​ ​ ​ $ 1,004,272,000 ​ ​
2019
​ ​ ​ $ 7,417,025 ​ ​ ​ ​ $ 15,194,481 ​ ​ ​ ​ $ 2,824,594 ​ ​ ​ ​ $ 4,636,643(9) ​ ​ ​ ​ $ 182.10 ​ ​ ​ ​ $ 119.99 ​ ​ ​ ​ $ 81,138,000 ​ ​ ​ ​ $ 997,137,000 ​ ​
2018
​ ​ ​ $ 4,600,125 ​ ​ ​ ​ $ 8,877,542 ​ ​ ​ ​ $ 2,270,112 ​ ​ ​ ​ $ 4,271,918 ​ ​ ​ ​ $ 128.29 ​ ​ ​ ​ $ 116.04 ​ ​ ​ ​ $ (15,671,000) ​ ​ ​ ​ $ 473,740,000 ​ ​
​
(1)
In 2022, 2021, 2020, 2019, and 2018, the PEO was Karl McDonnell.
​
(2)
The tables below detail the components and amounts included in the “Compensation Actually Paid to PEO”.
​
Year
​ ​
Total from
Summary
Compensation
Table
​ ​
Stock Awards
Value from
Summary
Compensation
Table
​ ​
Incremental
Equity Award
Fair Value
Adjustment(a)
​ ​
Total
​
2022
​ ​ ​ $ 5,468,805 ​ ​ ​ ​ $ (3,360,000) ​ ​ ​ ​ $ 7,932,307 ​ ​ ​ ​ $ 10,041,112 ​ ​
2021
​ ​ ​ $ 6,197,825 ​ ​ ​ ​ $ (5,000,000) ​ ​ ​ ​ $ 54,594 ​ ​ ​ ​ $ 1,252,419 ​ ​
2020
​ ​ ​ $ 4,613,413 ​ ​ ​ ​ $ (3,000,000) ​ ​ ​ ​ $ (3,408,598) ​ ​ ​ ​ $ (1,795,185) ​ ​
2019
​ ​ ​ $ 7,417,025 ​ ​ ​ ​ $ (5,000,000) ​ ​ ​ ​ $ 12,777,456 ​ ​ ​ ​ $ 15,194,481 ​ ​
2018
​ ​ ​ $ 4,600,125 ​ ​ ​ ​ $ (3,000,000) ​ ​ ​ ​ $ 7,277,417 ​ ​ ​ ​ $ 8,877,542 ​ ​
​
(a)
Reflects an adjustment to the grant date fair value of equity-based awards as calculated in accordance with Item 402(v)(2)(iii)(C)(1) and consistent with the fair value methodology reflected in our financial statements for share-based payments.
​
The amounts deducted or added in calculating the equity award adjustments for the “Compensation Actually Paid to PEO” are as follows.
Year
​ ​
Year end
fair value
of equity
awards granted
during the year
​ ​
Year over
year change
in fair value
of outstanding
and unvested
equity awards
​ ​
Year over
year change
in fair value
of equity awards
granted
in prior years
that vested
in the year
​ ​
Value of
dividends or
other earnings
paid on stock
or option awards
not otherwise
reflected in
fair value or total
compensation
​ ​
Total equity
award
adjustments
​
2022
​ ​ ​ $ 5,257,857 ​ ​ ​ ​ $ 2,358,006 ​ ​ ​ ​ $ (121,004) ​ ​ ​ ​ $ 437,448 ​ ​ ​ ​ $ 7,932,307 ​ ​
2021
​ ​ ​ $ 3,196,643 ​ ​ ​ ​ $ (3,480,609) ​ ​ ​ ​ $ (16,900) ​ ​ ​ ​ $ 355,460 ​ ​ ​ ​ $ 54,594 ​ ​
2020
​ ​ ​ $ 1,955,981 ​ ​ ​ ​ $ (5,765,290) ​ ​ ​ ​ $ 133,807 ​ ​ ​ ​ $ 266,904 ​ ​ ​ ​ $ (3,408,598) ​ ​
2019
​ ​ ​ $ 6,253,033 ​ ​ ​ ​ $ 4,130,083 ​ ​ ​ ​ $ 2,100,564 ​ ​ ​ ​ $ 293,776 ​ ​ ​ ​ $ 12,777,456 ​ ​
2018
​ ​ ​ $ 3,739,571 ​ ​ ​ ​ $ 2,353,174 ​ ​ ​ ​ $ 975,487 ​ ​ ​ ​ $ 209,185 ​ ​ ​ ​ $ 7,277,417 ​ ​
(3)
In 2022 and 2021, the Non-PEO NEOs were Robert S. Silberman, Daniel W. Jackson, Lizette B. Herraiz, and Christa E. Hokenson. In 2020, the Non-PEO NEOs were Robert S. Silberman, Daniel W. Jackson, Lizette B. Herraiz, and Andrew E. Watt. In 2019, the Non-PEO NEOs were Robert S. Silberman, Daniel W. Jackson, Lizette B. Herraiz, Andrew E. Watt, and J. Kevin Gilligan. In 2018 the Non-PEO NEOs were Robert S. Silberman, Daniel W. Jackson, Lizette B. Herraiz, and J. Kevin Gilligan.
​
(4)
The tables below detail the components and amounts included in the “Average Compensation Actually Paid to Non-PEO NEOs”.
​
Year
​ ​
Total from
Summary
Compensation
Table
​ ​
Stock Awards
Value from
Summary
Compensation
Table
​ ​
Incremental
Equity Award
Fair Value
Adjustment(a)
​ ​
Total
​
2022
​ ​ ​ $ 2,810,650 ​ ​ ​ ​ $ (1,680,000) ​ ​ ​ ​ $ 3,599,850 ​ ​ ​ ​ $ 4,730,500 ​ ​
2021
​ ​ ​ $ 2,442,544 ​ ​ ​ ​ $ (1,750,000) ​ ​ ​ ​ $ (96,457) ​ ​ ​ ​ $ 596,087 ​ ​
2020
​ ​ ​ $ 2,282,923 ​ ​ ​ ​ $ (1,350,000) ​ ​ ​ ​ $ (1,090,954) ​ ​ ​ ​ $ (158,031) ​ ​
2019
​ ​ ​ $ 2,824,594 ​ ​ ​ ​ $ (1,450,000) ​ ​ ​ ​ $ 3,262,049 ​ ​ ​ ​ $ 4,636,643 ​ ​
2018
​ ​ ​ $ 2,270,112 ​ ​ ​ ​ $ (1,250,000) ​ ​ ​ ​ $ 3,251,806 ​ ​ ​ ​ $ 4,271,918 ​ ​
​
(a)
Reflects an adjustment to the grant date fair value of equity-based awards as calculated in accordance with Item 402(v)(2)(iii)(C)(1) and consistent with the fair value methodology reflected in our financial statements for share-based payments.
​
The amounts deducted or added in calculating the equity award adjustments for the “Average Compensation Actually Paid to Non-PEO NEOs” are as follows.
Year
​ ​
Year end
fair value
of equity
awards granted
during the year
​ ​
Year over
year change
in fair value
of outstanding
and unvested
equity awards
​ ​
Year over
year change
in fair value
of equity
awards granted
in prior years
that vested
in the year
​ ​
Value of
dividends or
other earnings
paid on stock
or option awards
not otherwise
reflected in
fair value
or total
compensation
​ ​
Total equity
award
adjustments
​
2022
​ ​ ​ $ 2,628,928 ​ ​ ​ ​ $ 827,674 ​ ​ ​ ​ $ (35,578) ​ ​ ​ ​ $ 178,826 ​ ​ ​ ​ $ 3,599,850 ​ ​
2021
​ ​ ​ $ 1,118,843 ​ ​ ​ ​ $ (1,344,711) ​ ​ ​ ​ $ (3,098) ​ ​ ​ ​ $ 132,509 ​ ​ ​ ​ $ (96,457) ​ ​
2020
​ ​ ​ $ 880,230 ​ ​ ​ ​ $ (2,078,089) ​ ​ ​ ​ $ 7,763 ​ ​ ​ ​ $ 99,142 ​ ​ ​ ​ $ (1,090,954) ​ ​
2019
​ ​ ​ $ 1,813,430 ​ ​ ​ ​ $ 902,466 ​ ​ ​ ​ $ 365,773 ​ ​ ​ ​ $ 180,380 ​ ​ ​ ​ $ 3,262,049 ​ ​
2018
​ ​ ​ $ 1,558,136 ​ ​ ​ ​ $ 1,564,877 ​ ​ ​ ​ $ 462 ​ ​ ​ ​ $ 128,331 ​ ​ ​ ​ $ 3,251,806 ​ ​
​
(5)
This column reflects cumulative Total Shareholder Return (“TSR”) for the trailing one- to five- year period from 2018 to 2022, as calculated in accordance with Item 402(v)(2)(iv) of Regulation S-K. Accordingly, TSR for 2018 reflects a one-year return, TSR for 2019 reflects a two-year cumulative return, etc. TSR for 2022 reflects a five-year cumulative return.
​
(6)
The Peer Group used in calculating these amounts is composed of 2U, Inc., Adtalem Global Education, Inc., Bright Horizons Family Solutions Inc., Chegg, Inc., Graham Holdings Company, Grand Canyon Education, Inc., Stride, Inc. (formerly K12, Inc.), Laureate Education, Inc., Pearson PLC, and Perdoceo Education Corporation. The same peer group was used to create the Peer Group Performance Graph in Item 5 of the Company’s 2022 Annual Report on Form 10-K, in accordance with Item 201(e) of Regulation S-K.
​
(7)
Amounts in this column are rounded to the nearest thousand.
​
(8)
The revenue figures used to evaluate the achievement of non-equity compensation targets are based on adjusted results, which exclude purchase accounting adjustments to record acquired contract liabilities at fair value as a result of the Company’s acquisition of ANZ in 2020 and the Company’s merger with Capella Education Company in 2018. For 2018, the revenue amount was further adjusted to exclude all post-merger revenue related to Capella Education Company. For 2020, the revenue amount was further adjusted to exclude all post-acquisition revenue related to ANZ, as described in Annex 1. For 2021 and 2022, the revenue amount was further adjusted using a constant exchange rate of 0.74 and 0.72 Australian Dollars to U.S. Dollars, respectively. Amounts in this column are rounded to the nearest thousand.
​
(9)
This amount includes severance payments to Mr. Gilligan in connection with his resignation as an executive per his separation agreement. These payments were described in detail in our proxy statement filed with the Securities and Exchange Commission on March 16, 2020.
​
        
Named Executive Officers, Footnote [Text Block]
(1)
In 2022, 2021, 2020, 2019, and 2018, the PEO was Karl McDonnell.
       
Peer Group Issuers, Footnote [Text Block]
(5)
This column reflects cumulative Total Shareholder Return (“TSR”) for the trailing one- to five- year period from 2018 to 2022, as calculated in accordance with Item 402(v)(2)(iv) of Regulation S-K. Accordingly, TSR for 2018 reflects a one-year return, TSR for 2019 reflects a two-year cumulative return, etc. TSR for 2022 reflects a five-year cumulative return.
​
(6)
The Peer Group used in calculating these amounts is composed of 2U, Inc., Adtalem Global Education, Inc., Bright Horizons Family Solutions Inc., Chegg, Inc., Graham Holdings Company, Grand Canyon Education, Inc., Stride, Inc. (formerly K12, Inc.), Laureate Education, Inc., Pearson PLC, and Perdoceo Education Corporation. The same peer group was used to create the Peer Group Performance Graph in Item 5 of the Company’s 2022 Annual Report on Form 10-K, in accordance with Item 201(e) of Regulation S-K.
       
PEO Total Compensation Amount $ 5,468,805 $ 6,197,825 $ 4,613,413 $ 7,417,025 $ 4,600,125
PEO Actually Paid Compensation Amount $ 10,041,112 1,252,419 (1,795,185) 15,194,481 8,877,542
Adjustment To PEO Compensation, Footnote [Text Block]
(2)
The tables below detail the components and amounts included in the “Compensation Actually Paid to PEO”.
​
Year
​ ​
Total from
Summary
Compensation
Table
​ ​
Stock Awards
Value from
Summary
Compensation
Table
​ ​
Incremental
Equity Award
Fair Value
Adjustment(a)
​ ​
Total
​
2022
​ ​ ​ $ 5,468,805 ​ ​ ​ ​ $ (3,360,000) ​ ​ ​ ​ $ 7,932,307 ​ ​ ​ ​ $ 10,041,112 ​ ​
2021
​ ​ ​ $ 6,197,825 ​ ​ ​ ​ $ (5,000,000) ​ ​ ​ ​ $ 54,594 ​ ​ ​ ​ $ 1,252,419 ​ ​
2020
​ ​ ​ $ 4,613,413 ​ ​ ​ ​ $ (3,000,000) ​ ​ ​ ​ $ (3,408,598) ​ ​ ​ ​ $ (1,795,185) ​ ​
2019
​ ​ ​ $ 7,417,025 ​ ​ ​ ​ $ (5,000,000) ​ ​ ​ ​ $ 12,777,456 ​ ​ ​ ​ $ 15,194,481 ​ ​
2018
​ ​ ​ $ 4,600,125 ​ ​ ​ ​ $ (3,000,000) ​ ​ ​ ​ $ 7,277,417 ​ ​ ​ ​ $ 8,877,542 ​ ​
​
(a)
Reflects an adjustment to the grant date fair value of equity-based awards as calculated in accordance with Item 402(v)(2)(iii)(C)(1) and consistent with the fair value methodology reflected in our financial statements for share-based payments.
​
The amounts deducted or added in calculating the equity award adjustments for the “Compensation Actually Paid to PEO” are as follows.
Year
​ ​
Year end
fair value
of equity
awards granted
during the year
​ ​
Year over
year change
in fair value
of outstanding
and unvested
equity awards
​ ​
Year over
year change
in fair value
of equity awards
granted
in prior years
that vested
in the year
​ ​
Value of
dividends or
other earnings
paid on stock
or option awards
not otherwise
reflected in
fair value or total
compensation
​ ​
Total equity
award
adjustments
​
2022
​ ​ ​ $ 5,257,857 ​ ​ ​ ​ $ 2,358,006 ​ ​ ​ ​ $ (121,004) ​ ​ ​ ​ $ 437,448 ​ ​ ​ ​ $ 7,932,307 ​ ​
2021
​ ​ ​ $ 3,196,643 ​ ​ ​ ​ $ (3,480,609) ​ ​ ​ ​ $ (16,900) ​ ​ ​ ​ $ 355,460 ​ ​ ​ ​ $ 54,594 ​ ​
2020
​ ​ ​ $ 1,955,981 ​ ​ ​ ​ $ (5,765,290) ​ ​ ​ ​ $ 133,807 ​ ​ ​ ​ $ 266,904 ​ ​ ​ ​ $ (3,408,598) ​ ​
2019
​ ​ ​ $ 6,253,033 ​ ​ ​ ​ $ 4,130,083 ​ ​ ​ ​ $ 2,100,564 ​ ​ ​ ​ $ 293,776 ​ ​ ​ ​ $ 12,777,456 ​ ​
2018
​ ​ ​ $ 3,739,571 ​ ​ ​ ​ $ 2,353,174 ​ ​ ​ ​ $ 975,487 ​ ​ ​ ​ $ 209,185 ​ ​ ​ ​ $ 7,277,417 ​ ​
       
Non-PEO NEO Average Total Compensation Amount $ 2,810,650 2,442,544 2,282,923 2,824,594 2,270,112
Non-PEO NEO Average Compensation Actually Paid Amount $ 4,730,500 596,087 (158,031) 4,636,643 4,271,918
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
(3)
In 2022 and 2021, the Non-PEO NEOs were Robert S. Silberman, Daniel W. Jackson, Lizette B. Herraiz, and Christa E. Hokenson. In 2020, the Non-PEO NEOs were Robert S. Silberman, Daniel W. Jackson, Lizette B. Herraiz, and Andrew E. Watt. In 2019, the Non-PEO NEOs were Robert S. Silberman, Daniel W. Jackson, Lizette B. Herraiz, Andrew E. Watt, and J. Kevin Gilligan. In 2018 the Non-PEO NEOs were Robert S. Silberman, Daniel W. Jackson, Lizette B. Herraiz, and J. Kevin Gilligan.
​
(4)
The tables below detail the components and amounts included in the “Average Compensation Actually Paid to Non-PEO NEOs”.
​
Year
​ ​
Total from
Summary
Compensation
Table
​ ​
Stock Awards
Value from
Summary
Compensation
Table
​ ​
Incremental
Equity Award
Fair Value
Adjustment(a)
​ ​
Total
​
2022
​ ​ ​ $ 2,810,650 ​ ​ ​ ​ $ (1,680,000) ​ ​ ​ ​ $ 3,599,850 ​ ​ ​ ​ $ 4,730,500 ​ ​
2021
​ ​ ​ $ 2,442,544 ​ ​ ​ ​ $ (1,750,000) ​ ​ ​ ​ $ (96,457) ​ ​ ​ ​ $ 596,087 ​ ​
2020
​ ​ ​ $ 2,282,923 ​ ​ ​ ​ $ (1,350,000) ​ ​ ​ ​ $ (1,090,954) ​ ​ ​ ​ $ (158,031) ​ ​
2019
​ ​ ​ $ 2,824,594 ​ ​ ​ ​ $ (1,450,000) ​ ​ ​ ​ $ 3,262,049 ​ ​ ​ ​ $ 4,636,643 ​ ​
2018
​ ​ ​ $ 2,270,112 ​ ​ ​ ​ $ (1,250,000) ​ ​ ​ ​ $ 3,251,806 ​ ​ ​ ​ $ 4,271,918 ​ ​
​
(a)
Reflects an adjustment to the grant date fair value of equity-based awards as calculated in accordance with Item 402(v)(2)(iii)(C)(1) and consistent with the fair value methodology reflected in our financial statements for share-based payments.
​
The amounts deducted or added in calculating the equity award adjustments for the “Average Compensation Actually Paid to Non-PEO NEOs” are as follows.
Year
​ ​
Year end
fair value
of equity
awards granted
during the year
​ ​
Year over
year change
in fair value
of outstanding
and unvested
equity awards
​ ​
Year over
year change
in fair value
of equity
awards granted
in prior years
that vested
in the year
​ ​
Value of
dividends or
other earnings
paid on stock
or option awards
not otherwise
reflected in
fair value
or total
compensation
​ ​
Total equity
award
adjustments
​
2022
​ ​ ​ $ 2,628,928 ​ ​ ​ ​ $ 827,674 ​ ​ ​ ​ $ (35,578) ​ ​ ​ ​ $ 178,826 ​ ​ ​ ​ $ 3,599,850 ​ ​
2021
​ ​ ​ $ 1,118,843 ​ ​ ​ ​ $ (1,344,711) ​ ​ ​ ​ $ (3,098) ​ ​ ​ ​ $ 132,509 ​ ​ ​ ​ $ (96,457) ​ ​
2020
​ ​ ​ $ 880,230 ​ ​ ​ ​ $ (2,078,089) ​ ​ ​ ​ $ 7,763 ​ ​ ​ ​ $ 99,142 ​ ​ ​ ​ $ (1,090,954) ​ ​
2019
​ ​ ​ $ 1,813,430 ​ ​ ​ ​ $ 902,466 ​ ​ ​ ​ $ 365,773 ​ ​ ​ ​ $ 180,380 ​ ​ ​ ​ $ 3,262,049 ​ ​
2018
​ ​ ​ $ 1,558,136 ​ ​ ​ ​ $ 1,564,877 ​ ​ ​ ​ $ 462 ​ ​ ​ ​ $ 128,331 ​ ​ ​ ​ $ 3,251,806 ​ ​
       
Compensation Actually Paid vs. Total Shareholder Return [Text Block]
Comparison of Compensation Actually Paid To SEI TSR
Between December 31, 2018 and December 31, 2019, Compensation Actually Paid to the PEO, Average Compensation Paid to Non-PEO NEOs, and TSR all increased. Between December 31, 2019 and December 31, 2020, TSR and both Compensation Actually Paid to the PEO and Average Compensation Paid to Non-PEO NEOs decreased. Between December 31, 2020 and December 31, 2021, the TSR decreased and the two compensation measures increased. Between December 31, 2021 and December 31, 2022, all three numbers increased.
       
Compensation Actually Paid vs. Net Income [Text Block]
Comparison of Compensation Actually Paid To Net Income
Between December 31, 2018 and December 31, 2019, Compensation Actually Paid to the PEO, Average Compensation Paid to Non-PEO NEOs, and Net Income all increased. Between December 31, 2019 and December 31, 2020, Net Income increased while both Compensation Actually Paid to the PEO and Average Compensation Paid to Non-PEO NEOs decreased. Between December 31, 2020 and December 31, 2021, Net Income decreased and the two compensation measures increased. Between December 31, 2021 and December 31, 2022, Net Income declined, while the compensation measures increased.
       
Compensation Actually Paid vs. Company Selected Measure [Text Block]
Comparison of Compensation Actually Paid To Revenue
Between December 31, 2018 and December 31, 2019, Compensation Actually Paid to the PEO, Average Compensation Paid to Non-PEO NEOs, and Revenue all increased. Between December 31, 2019 and December 31, 2020, Revenue increased while both Compensation Actually Paid to the PEO and Average Compensation Paid to Non-PEO NEOs decreased. Between December 31, 2020 and December 31, 2021, all three figures increased. Between December 31, 2021 and December 31, 2022, revenue declined, while the compensation measures increased.
       
Total Shareholder Return Vs Peer Group [Text Block]
Comparison of Company TSR to Peer Group TSR
In 2018, the Company’s TSR and the Peer Group TSR increased, with the Company’s TSR growing more than the Peer Group TSR. In 2019, the Company’s TSR and the Peer Group TSR increased, with the Company’s TSR growing more than the Peer Group TSR. In 2020, the Company’s TSR decreased, while the Peer Group TSR increased. In 2021, both the Company’s TSR and the Peer Group TSR decreased. In 2022, the Company’s TSR increased and the Peer Group TSR decreased.
       
Tabular List [Table Text Block]
Performance Measures
As discussed above in “2022 Compensation Decisions,” in 2022, the Board of Directors set both quantitative financial objectives and strategic objectives for the Company. These Financial Performance Measures and Strategic Performance Measures, which the Compensation Committee and the Board use to link compensation of our named executive officers to company performance, are listed in the table below. In 2022, for purposes of the comparisons required by Item 402(v) of Regulation S-K, we have selected Revenue as the “Company-Selected Measure.”
​ Financial Performance Measures ​
​
Revenue
​
​
Operating Income (EBIT)
​
​
Diluted Earnings Per Share
​
​ Strategic Performance Measures ​
​
Reduce average Title IV funding per student
​
​
Reduce the Company’s enterprise real estate footprint
​
​
Maintain compliance with all regulatory, legal, and ethical business standards
​
​
Reallocate excess capital into the business or back to our stockholders
​
       
Total Shareholder Return Amount $ 98.77 70.78 112 182.1 128.29
Peer Group Total Shareholder Return Amount 110.75 129.92 175.6 119.99 116.04
Net Income (Loss) $ 46,670,000 $ 55,087,000 $ 86,268,000 $ 81,138,000 $ (15,671,000)
Company Selected Measure Amount 1,073,853,000 1,132,123,000 1,004,272,000 997,137,000 473,740,000
PEO Name Karl McDonnell        
Measure [Axis]: 1          
Pay vs Performance Disclosure [Table]          
Measure Name Financial Performance Measures        
Non-GAAP Measure Description [Text Block]
(8)
The revenue figures used to evaluate the achievement of non-equity compensation targets are based on adjusted results, which exclude purchase accounting adjustments to record acquired contract liabilities at fair value as a result of the Company’s acquisition of ANZ in 2020 and the Company’s merger with Capella Education Company in 2018. For 2018, the revenue amount was further adjusted to exclude all post-merger revenue related to Capella Education Company. For 2020, the revenue amount was further adjusted to exclude all post-acquisition revenue related to ANZ, as described in Annex 1. For 2021 and 2022, the revenue amount was further adjusted using a constant exchange rate of 0.74 and 0.72 Australian Dollars to U.S. Dollars, respectively. Amounts in this column are rounded to the nearest thousand.
​
(9)
This amount includes severance payments to Mr. Gilligan in connection with his resignation as an executive per his separation agreement. These payments were described in detail in our proxy statement filed with the Securities and Exchange Commission on March 16, 2020.
       
Measure [Axis]: 2          
Pay vs Performance Disclosure [Table]          
Measure Name Revenue        
Measure [Axis]: 3          
Pay vs Performance Disclosure [Table]          
Measure Name Operating Income (EBIT)        
Measure [Axis]: 4          
Pay vs Performance Disclosure [Table]          
Measure Name Diluted Earnings Per Share        
PEO [Member] | Stock Awards Value Adjustments [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount $ (3,360,000) $ (5,000,000) $ (3,000,000) $ (5,000,000) $ (3,000,000)
PEO [Member] | Equity Award Fair Value Adjustment [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount 7,932,307 54,594 (3,408,598) 12,777,456 7,277,417
PEO [Member] | Equity Award Adjustment, Year end fair value of equity awards granted [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount 5,257,857 3,196,643 1,955,981 6,253,033 3,739,571
PEO [Member] | Equity Award Adjustment, Year Over Year Change In Fair Value Of Outstanding And Unvested Equity Awards [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount 2,358,006 (3,480,609) (5,765,290) 4,130,083 2,353,174
PEO [Member] | Equity Award Adjustment, Year Over Year Change In Fair Value Of Equity Awards Granted In Prior Years That Vested In The Year [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount (121,004) (16,900) 133,807 2,100,564 975,487
PEO [Member] | Equity Award Adjustment, Value Of Dividends Or Other Earnings Paid On Stock Or Option Awards Not Otherwise Reflected In Fair Value Or Total Compensation [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount 437,448 355,460 266,904 293,776 209,185
Non-PEO NEO [Member] | Stock Awards Value Adjustments [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount (1,680,000) (1,750,000) (1,350,000) (1,450,000) (1,250,000)
Non-PEO NEO [Member] | Equity Award Fair Value Adjustment [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount 3,599,850 (96,457) (1,090,954) 3,262,049 3,251,806
Non-PEO NEO [Member] | Equity Award Adjustment, Year end fair value of equity awards granted [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount 2,628,928 1,118,843 880,230 1,813,430 1,558,136
Non-PEO NEO [Member] | Equity Award Adjustment, Year Over Year Change In Fair Value Of Outstanding And Unvested Equity Awards [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount 827,674 (1,344,711) (2,078,089) 902,466 1,564,877
Non-PEO NEO [Member] | Equity Award Adjustment, Year Over Year Change In Fair Value Of Equity Awards Granted In Prior Years That Vested In The Year [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount (35,578) (3,098) 7,763 365,773 462
Non-PEO NEO [Member] | Equity Award Adjustment, Value Of Dividends Or Other Earnings Paid On Stock Or Option Awards Not Otherwise Reflected In Fair Value Or Total Compensation [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount $ 178,826 $ 132,509 $ 99,142 $ 180,380 $ 128,331