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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net income $ 59,600 $ 12,203
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on sale of property and equipment 0 (2,136)
Gain on early termination of operating leases (6,166) (98)
Amortization of deferred financing costs 280 276
Amortization of investment discount/premium (40) (7)
Depreciation and amortization 22,227 30,196
Deferred income taxes (593) (3,036)
Stock-based compensation 11,902 11,125
Impairment of right-of-use lease assets 0 5,135
Changes in assets and liabilities:    
Tuition receivable, net (13,247) (19,626)
Other assets (12,663) (12,165)
Accounts payable and accrued expenses 759 (2,344)
Income taxes payable and income taxes receivable 74 (16,699)
Contract liabilities 41,353 38,906
Other liabilities (1,551) (993)
Net cash provided by operating activities 101,935 40,737
Cash flows from investing activities:    
Purchases of property and equipment (19,928) (17,794)
Purchases of marketable securities (8,591) (16,904)
Proceeds from marketable securities 22,525 4,960
Proceeds from sale of property and equipment 0 5,890
Proceeds from other investments 20 457
Other investments (96) (152)
Cash paid for acquisition, net of cash acquired (143) (211)
Net cash used in investing activities (6,213) (23,754)
Cash flows from financing activities:    
Common dividends paid (29,507) (29,468)
Net payments for stock awards (3,514) (4,964)
Repurchase of common stock 0 (9,999)
Net cash used in financing activities (33,021) (44,431)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (534) (1,924)
Net increase (decrease) in cash, cash equivalents, and restricted cash 62,167 (29,372)
Cash, cash equivalents, and restricted cash — beginning of period 181,925 227,454
Cash, cash equivalents, and restricted cash — end of period 244,092 198,082
Non-cash transactions:    
Non-cash additions to property and equipment 2,408 2,090
Right-of-use lease assets obtained in exchange for operating lease liabilities $ 4,281 $ 7,230