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Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2024
Accounting Policies [Abstract] |
Schedule of Cash and Cash Equivalents | The following table illustrates the reconciliation of cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows as of December 31, 2023 and 2024 (in thousands):
| As of December 31,
| 2023 |  | 2024
Cash and cash equivalents | $ | 168,481 |  |  | $ | 137,074 |
Restricted cash included in other current assets | 12,944 |  |  | 9,082 |
Restricted cash included in other assets | 500 |  |  | 500 |
Total cash, cash equivalents, and restricted cash shown in the statement of cash flows | $ | 181,925 |  |  | $ | 146,656 |
Schedule of Restrictions on Cash and Cash Equivalents | The following table illustrates the reconciliation of cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows as of December 31, 2023 and 2024 (in thousands):
| As of December 31,
| 2023 |  | 2024
Cash and cash equivalents | $ | 168,481 |  |  | $ | 137,074 |
Restricted cash included in other current assets | 12,944 |  |  | 9,082 |
Restricted cash included in other assets | 500 |  |  | 500 |
Total cash, cash equivalents, and restricted cash shown in the statement of cash flows | $ | 181,925 |  |  | $ | 146,656 |
Schedule of Tuition Receivable and Allowance for Credit Losses | The Company’s current tuition receivable and allowance for credit losses were as follows as of December 31, 2023 and 2024 (in thousands):
| December 31, 2023 |  | December 31, 2024
Tuition receivable | $ | 123,357 |  |  | $ | 127,012 |
Allowance for credit losses | (47,255) |  |  | (50,885) |
Tuition receivable, net | $ | 76,102 |  |  | $ | 76,127 |
Schedule of Allowance for Credit Losses | The following table illustrates changes in the Company’s current and non-current allowance for credit losses for each of the three years ended December 31, 2024 (in thousands):
| 2022 |  | 2023 |  | 2024
Allowance for credit losses, beginning of period | $ | 48,783 |  |  | $ | 47,586 |  |  | $ | 47,605 |
Additions charged to expense | 41,226 |  |  | 48,444 |  |  | 53,491 |
Write-offs, net of recoveries | (42,423) |  |  | (48,425) |  |  | (54,911) |
Allowance for credit losses, end of period | $ | 47,586 |  |  | $ | 47,605 |  |  | $ | 46,185 |
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 each of the three years ended December 31, 2024 (in thousands):
| 2022 |  | 2023 |  | 2024
Weighted average shares outstanding used to compute basic earnings per share | 23,679 |  |  | 23,403 |  |  | 23,406 |
Incremental shares issuable upon the assumed exercise of stock options | 3 |  |  | 4 |  |  | 5 |
Unvested restricted stock and restricted stock units | 316 |  |  | 549 |  |  | 729 |
Shares used to compute diluted earnings per share | 23,998 |  |  | 23,956 |  |  | 24,140 |
Anti-dilutive shares excluded from the diluted earnings per share calculation | 114 |  |  | 174 |  |  | — |

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