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Goodwill and Intangible Assets (Tables) | 6 Months Ended
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Jun. 30, 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 six months ended June 30, 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 | — |  |  | (10,926) |  |  | — |  |  | (10,926) |
Balance as of June 30, 2024 | $ | 632,075 |  |  | $ | 508,887 |  |  | $ | 100,000 |  |  | $ | 1,240,962 |
The following table presents changes in the carrying value of goodwill by segment for the six months ended June 30, 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 | — |  |  | 24,222 |  |  | — |  |  | 24,222 |
Balance as of June 30, 2025 | $ | 632,075 |  |  | $ | 499,030 |  |  | $ | 100,000 |  |  | $ | 1,231,105 |
Schedule of Indefinite-Lived Intangible Assets | The following table presents changes in the carrying value of indefinite-lived intangible assets (in thousands):
| For the six months ended June 30,
| 2024 |  | 2025
Balance at beginning of period | $ | 251,623 |  |  | $ | 245,098 |
Additions | — |  |  | — |
Impairments | (800) |  |  | — |
Currency translation adjustments | (1,354) |  |  | 3,074 |
Balance at end of period | $ | 249,469 |  |  | $ | 248,172 |

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