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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 230,111 $ 168,481
Marketable securities 26,128 39,728
Tuition receivable, net 89,639 76,102
Other current assets 52,990 44,758
Total current assets 398,868 329,069
Property and equipment, net 116,253 118,529
Right-of-use lease assets 112,252 119,202
Marketable securities, non-current 0 483
Intangible assets, net 249,469 251,623
Goodwill 1,240,962 1,251,888
Other assets 59,720 54,419
Total assets 2,177,524 2,125,213
Current liabilities:    
Accounts payable and accrued expenses 93,664 90,888
Income taxes payable 2,190 2,200
Contract liabilities 133,612 92,341
Lease liabilities 23,973 24,190
Total current liabilities 253,439 209,619
Long-term debt 61,329 61,400
Deferred income tax liabilities 27,624 28,338
Lease liabilities, non-current 112,269 127,735
Other long-term liabilities 44,763 45,603
Total liabilities 499,424 472,695
Commitments and contingencies
Stockholders’ equity:    
Common stock, par value $0.01; 32,000,000 shares authorized; 24,406,816 and 24,622,994 shares issued and outstanding at December 31, 2023 and June 30, 2024, respectively 246 244
Additional paid-in capital 1,526,037 1,517,650
Accumulated other comprehensive loss (47,091) (34,247)
Retained earnings 198,908 168,871
Total stockholders’ equity 1,678,100 1,652,518
Total liabilities and stockholders’ equity $ 2,177,524 $ 2,125,213