XML 44 R33.htm IDEA: XBRL DOCUMENT v3.25.3
Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 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 nine months ended September 30, 2024 (in thousands):
 U.S. Higher EducationAustralia /
New Zealand
Education Technology ServicesTotal
Balance as of December 31, 2023$632,075 $519,813 $100,000 $1,251,888 
Additions— — — — 
Impairments— — — — 
Currency translation adjustments— 8,711 — 8,711 
Balance as of September 30, 2024$632,075 $528,524 $100,000 $1,260,599 
The following table presents changes in the carrying value of goodwill by segment for the nine months ended September 30, 2025 (in thousands):
 U.S. Higher EducationAustralia /
New Zealand
Education Technology ServicesTotal
Balance as of December 31, 2024$632,075 $474,808 $100,000 $1,206,883 
Additions— — — — 
Impairments— — — — 
Currency translation adjustments— 30,182 — 30,182 
Balance as of September 30, 2025$632,075 $504,990 $100,000 $1,237,065 
Schedule of Indefinite-Lived Intangible Assets
The following table presents changes in the carrying value of indefinite-lived intangible assets (in thousands):
For the nine months ended September 30,
 20242025
Balance at beginning of period$251,623 $245,098 
Impairments(800)— 
Currency translation adjustments1,129 3,827 
Balance at end of period$251,952 $248,925