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Pay vs Performance Disclosure
 12 Months Ended
Dec. 31, 2023
USD ($)
$ / $
Dec. 31, 2022
USD ($)
$ / $
Dec. 31, 2021
USD ($)
$ / $
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
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(7)
​ ​
Company-
Selected
Measure:
Revenue(8)
​
​
Total
Share-holder
Return(5)
​ ​
Peer Group
Total
Share-holder
Return(5)(6)
​
2023
​ ​ ​ $ 5,417,738 ​ ​ ​ ​ $ 8,182,401 ​ ​ ​ ​ $ 2,712,155 ​ ​ ​ ​ $ 3,858,985 ​ ​ ​ ​ $ 93.01 ​ ​ ​ ​ $ 116.06 ​ ​ ​ ​ $ 69,791,000 ​ ​ ​ ​ $ 1,143,861,000 ​ ​
2022
​ ​ ​ $ 5,468,805 ​ ​ ​ ​ $ 10,041,112 ​ ​ ​ ​ $ 2,810,650 ​ ​ ​ ​ $ 4,730,500 ​ ​ ​ ​ $ 76.60 ​ ​ ​ ​ $ 88.57 ​ ​ ​ ​ $ 46,670,000 ​ ​ ​ ​ $ 1,073,853,000 ​ ​
2021
​ ​ ​ $ 6,197,825 ​ ​ ​ ​ $ 1,252,419 ​ ​ ​ ​ $ 2,442,544 ​ ​ ​ ​ $ 596,087 ​ ​ ​ ​ $ 54.55 ​ ​ ​ ​ $ 98.86 ​ ​ ​ ​ $ 55,087,000 ​ ​ ​ ​ $ 1,132,123,000 ​ ​
2020
​ ​ ​ $ 4,613,413 ​ ​ ​ ​ $ (1,795,185) ​ ​ ​ ​ $ 2,282,923 ​ ​ ​ ​ $ (158,031) ​ ​ ​ ​ $ 86.95 ​ ​ ​ ​ $ 132.33 ​ ​ ​ ​ $ 86,268,000 ​ ​ ​ ​ $ 1,004,272,000 ​ ​
2019
​ ​ ​ $ 7,417,025 ​ ​ ​ ​ $ 15,194,481 ​ ​ ​ ​ $ 2,824,594 ​ ​ ​ ​ $ 4,636,643(9) ​ ​ ​ ​ $ 142.04 ​ ​ ​ ​ $ 98.33 ​ ​ ​ ​ $ 81,138,000 ​ ​ ​ ​ $ 997,137,000 ​ ​
​
(1)
In 2023, 2022, 2021, 2020, and 2019, 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
​
2023
​ ​ ​ $ 5,417,738 ​ ​ ​ ​ $ (3,250,000) ​ ​ ​ ​ $ 6,014,663 ​ ​ ​ ​ $ 8,182,401 ​ ​
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 ​ ​
​
(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
​
2023
​ ​ ​ $ 3,189,628 ​ ​ ​ ​ $ 2,007,998 ​ ​ ​ ​ $ 391,159 ​ ​ ​ ​ $ 425,878 ​ ​ ​ ​ $ 6,014,663 ​ ​
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 ​ ​
​
(3)
In 2023, 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.
​
(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
​
2023
​ ​ ​ $ 2,712,155 ​ ​ ​ ​ $ (1,800,000) ​ ​ ​ ​ $ 2,946,830 ​ ​ ​ ​ $ 3,858,985 ​ ​
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 ​ ​
​
(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
​
2023
​ ​ ​ $ 1,766,576 ​ ​ ​ ​ $ 861,107 ​ ​ ​ ​ $ 126,154 ​ ​ ​ ​ $ 192,993 ​ ​ ​ ​ $ 2,946,830 ​ ​
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 ​ ​
​
 
(5)
This column reflects cumulative Total Shareholder Return (“TSR”) for the trailing one- to five- year period from 2019 to 2023, as calculated in accordance with Item 402(v)(2)(iv) of Regulation S-K. Accordingly, TSR for 2019 reflects a one-year return, TSR for 2020 reflects a two-year cumulative return, etc. TSR for 2023 reflects a five-year cumulative return.
​
(6)
The Peer Group used in calculating these amounts is composed of 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, Perdoceo Education Corporation, and 2U, Inc. The same peer group was used to create the Peer Group Performance Graph in Item 5 of the Company’s 2023 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 2020, the revenue amount was further adjusted to exclude all post-acquisition revenue related to ANZ, as described in Annex 1. For 2021, 2022, and 2023, the revenue amount was further adjusted using a constant exchange rate of 0.74, 0.72, and 0.69 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
(1)
In 2023, 2022, 2021, 2020, and 2019, the PEO was Karl McDonnell.
       
Peer Group Issuers, Footnote
(5)
This column reflects cumulative Total Shareholder Return (“TSR”) for the trailing one- to five- year period from 2019 to 2023, as calculated in accordance with Item 402(v)(2)(iv) of Regulation S-K. Accordingly, TSR for 2019 reflects a one-year return, TSR for 2020 reflects a two-year cumulative return, etc. TSR for 2023 reflects a five-year cumulative return.
​
(6)
The Peer Group used in calculating these amounts is composed of 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, Perdoceo Education Corporation, and 2U, Inc. The same peer group was used to create the Peer Group Performance Graph in Item 5 of the Company’s 2023 Annual Report on Form 10-K, in accordance with Item 201(e) of Regulation S-K.
       
PEO Total Compensation Amount $ 5,417,738 $ 5,468,805 $ 6,197,825 $ 4,613,413 $ 7,417,025
PEO Actually Paid Compensation Amount $ 8,182,401 10,041,112 1,252,419 (1,795,185) 15,194,481
Adjustment To PEO Compensation, Footnote
(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
​
2023
​ ​ ​ $ 5,417,738 ​ ​ ​ ​ $ (3,250,000) ​ ​ ​ ​ $ 6,014,663 ​ ​ ​ ​ $ 8,182,401 ​ ​
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 ​ ​
​
(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
​
2023
​ ​ ​ $ 3,189,628 ​ ​ ​ ​ $ 2,007,998 ​ ​ ​ ​ $ 391,159 ​ ​ ​ ​ $ 425,878 ​ ​ ​ ​ $ 6,014,663 ​ ​
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 ​ ​
​
        
Non-PEO NEO Average Total Compensation Amount $ 2,712,155 2,810,650 2,442,544 2,282,923 2,824,594
Non-PEO NEO Average Compensation Actually Paid Amount $ 3,858,985 4,730,500 596,087 (158,031) 4,636,643
Adjustment to Non-PEO NEO Compensation Footnote
(3)
In 2023, 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.
​
(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
​
2023
​ ​ ​ $ 2,712,155 ​ ​ ​ ​ $ (1,800,000) ​ ​ ​ ​ $ 2,946,830 ​ ​ ​ ​ $ 3,858,985 ​ ​
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 ​ ​
​
(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
​
2023
​ ​ ​ $ 1,766,576 ​ ​ ​ ​ $ 861,107 ​ ​ ​ ​ $ 126,154 ​ ​ ​ ​ $ 192,993 ​ ​ ​ ​ $ 2,946,830 ​ ​
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 ​ ​
       
Compensation Actually Paid vs. Total Shareholder Return
Comparison of Compensation Actually Paid To SEI TSR
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. Between December 31, 2022 and December 31, 2023, TSR increased, while the compensation measures decreased.
       
Compensation Actually Paid vs. Net Income
Comparison of Compensation Actually Paid To Net Income
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
       
Compensation Actually Paid vs. Company Selected Measure
Comparison of Compensation Actually Paid To Revenue
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. Between December 31, 2022 and December 31, 2023, revenue increased, while the compensation measures decreased.
       
Total Shareholder Return Vs Peer Group
Comparison of Company TSR to Peer Group TSR
In 2019, the Company’s TSR increased and the Peer Group TSR decreased. 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. In 2023, the Company’s TSR and the Peer Group TSR both increased.
       
Tabular List, Table
As discussed above in “2023 Compensation Decisions,” in 2023, 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 2023, 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 $ 93.01 76.6 54.55 86.95 142.04
Peer Group Total Shareholder Return Amount 116.06 88.57 98.86 132.33 98.33
Net Income (Loss) $ 69,791,000 $ 46,670,000 $ 55,087,000 $ 86,268,000 $ 81,138,000
Company Selected Measure Amount 1,143,861,000 1,073,853,000 1,132,123,000 1,004,272,000 997,137,000
PEO Name Karl McDonnell        
Foreign Currency Exchange Rate, Translation | $ / $ 0.69 0.72 0.74    
Measure:: 1          
Pay vs Performance Disclosure          
Name Financial Performance Measures        
Non-GAAP Measure Description
(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 2020, the revenue amount was further adjusted to exclude all post-acquisition revenue related to ANZ, as described in Annex 1. For 2021, 2022, and 2023, the revenue amount was further adjusted using a constant exchange rate of 0.74, 0.72, and 0.69 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:: 2          
Pay vs Performance Disclosure          
Name Revenue        
Measure:: 3          
Pay vs Performance Disclosure          
Name Operating Income (EBIT)        
Measure:: 4          
Pay vs Performance Disclosure          
Name Diluted Earnings Per Share        
PEO | Stock Awards Value Adjustments [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (3,250,000) $ (3,360,000) $ (5,000,000) $ (3,000,000) $ (5,000,000)
PEO | Equity Award Fair Value Adjustment [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 6,014,663 7,932,307 54,594 (3,408,598) 12,777,456
PEO | Equity Award Adjustment, Year end fair value of equity awards granted [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 3,189,628 5,257,857 3,196,643 1,955,981 6,253,033
PEO | Equity Award Adjustment, Year Over Year Change In Fair Value Of Outstanding And Unvested Equity Awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,007,998 2,358,006 (3,480,609) (5,765,290) 4,130,083
PEO | 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          
Adjustment to Compensation, Amount 391,159 (121,004) (16,900) 133,807 2,100,564
PEO | 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          
Adjustment to Compensation, Amount 425,878 437,448 355,460 266,904 293,776
Non-PEO NEO | Stock Awards Value Adjustments [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,800,000) (1,680,000) (1,750,000) (1,350,000) (1,450,000)
Non-PEO NEO | Equity Award Fair Value Adjustment [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,946,830 3,599,850 (96,457) (1,090,954) 3,262,049
Non-PEO NEO | Equity Award Adjustment, Year end fair value of equity awards granted [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,766,576 2,628,928 1,118,843 880,230 1,813,430
Non-PEO NEO | Equity Award Adjustment, Year Over Year Change In Fair Value Of Outstanding And Unvested Equity Awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 861,107 827,674 (1,344,711) (2,078,089) 902,466
Non-PEO NEO | 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          
Adjustment to Compensation, Amount 126,154 (35,578) (3,098) 7,763 365,773
Non-PEO NEO | 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          
Adjustment to Compensation, Amount $ 192,993 $ 178,826 $ 132,509 $ 99,142 $ 180,380