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Revenue Recognition (Tables) | 3 Months Ended
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Mar. 31, 2025
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue from Contracts with Customers | The following table presents the Company’s revenues from contracts with customers disaggregated by material revenue category for the three months ended March 31, 2024 and 2025 (in thousands):
| For the three months ended March 31, |  |
| 2024 |  | 2025 |  |  |  |
U.S. Higher Education Segment |  |  |  |  |  |  |
Tuition, net of discounts, grants and scholarships | $ | 209,731 |  |  | $ | 211,746 |  |  |  |  |
Other(1) | 9,505 |  |  | 9,262 |  |  |  |  |
Total U.S. Higher Education Segment | 219,236 |  |  | 221,008 |  |  |  |  |
Australia/New Zealand Segment |  |  |  |  |  |  |
Tuition, net of discounts, grants and scholarships | 45,634 |  |  | 46,446 |  |  |  |  |
Other(1) | 1,741 |  |  | 1,814 |  |  |  |  |
Total Australia/New Zealand Segment | 47,375 |  |  | 48,260 |  |  |  |  |
Education Technology Services Segment(2) | 23,639 |  |  | 34,322 |  |  |  |  |
Consolidated revenue | $ | 290,250 |  |  | $ | 303,590 |  |  |  |  |
_________________________________________ (1)Other revenue is primarily comprised of academic fees, sales of course materials, placement fees and other non-tuition revenue streams. (2)Education Technology Services revenue is primarily derived from tuition revenue and administrative fees.
Schedule of Learn and Earn Liability | The table below presents activity in the contract liability related to the Learn and Earn Scholarship (in thousands):
| For the three months ended March 31,
| 2024 |  | 2025
Balance at beginning of period | $ | 44,480 |  |  | $ | 37,118 |
Revenue deferred | 3,134 |  |  | 5,334 |
Benefit redeemed | (5,527) |  |  | (4,746) |
Balance at end of period | $ | 42,087 |  |  | $ | 37,706 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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