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Goodwill and Intangible Assets (Tables) | 3 Months Ended
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Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Changes in Goodwill | The following table presents changes in the carrying value of goodwill by segment for the three months ended March 31, 2024 (in thousands):
| U.S. Higher Education |  | Australia / New Zealand |  | Education Technology Services |  | Total
Balance as of December 31, 2023 | $ | 632,075 |  |  | $ | 519,813 |  |  | $ | 100,000 |  |  | $ | 1,251,888 |
Additions | — |  |  | — |  |  | — |  |  | — |
Impairments | — |  |  | — |  |  | — |  |  | — |
Currency translation adjustments | — |  |  | (22,006) |  |  | — |  |  | (22,006) |
Balance as of March 31, 2024 | $ | 632,075 |  |  | $ | 497,807 |  |  | $ | 100,000 |  |  | $ | 1,229,882 |
The following table presents changes in the carrying value of goodwill by segment for the three months ended March 31, 2025 (in thousands):
| U.S. Higher Education |  | Australia / New Zealand |  | Education Technology Services |  | Total
Balance as of December 31, 2024 | $ | 632,075 |  |  | $ | 474,808 |  |  | $ | 100,000 |  |  | $ | 1,206,883 |
Additions | — |  |  | — |  |  | — |  |  | — |
Impairments | — |  |  | — |  |  | — |  |  | — |
Currency translation adjustments | — |  |  | 2,827 |  |  | — |  |  | 2,827 |
Balance as of March 31, 2025 | $ | 632,075 |  |  | $ | 477,635 |  |  | $ | 100,000 |  |  | $ | 1,209,710 |
Schedule of Indefinite-Lived Intangible Assets | The following table presents changes in the carrying value of indefinite-lived intangible assets (in thousands):
| For the three months ended March 31,
| 2024 |  | 2025
Balance at beginning of period | $ | 251,623 |  |  | $ | 245,098 |
Additions | — |  |  | — |
Impairments | — |  |  | — |
Currency translation adjustments | (2,768) |  |  | 354 |
Balance at end of period | $ | 248,855 |  |  | $ | 245,452 |

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