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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net income $ 88,705 $ 87,348
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on early termination of operating leases, net 0 (6,166)
Amortization of deferred financing costs 318 421
Amortization of investment discount/premium (413) (47)
Depreciation and amortization 35,160 33,033
Deferred income taxes 2,917 (2,272)
Stock-based compensation 17,195 18,789
Impairment of right-of-use lease assets 4,685 0
Changes in assets and liabilities:    
Tuition receivable, net (36,940) (27,849)
Other assets (12,678) (15,877)
Accounts payable and accrued expenses 9,167 12,878
Income taxes payable and income taxes receivable (5,488) (646)
Contract liabilities 60,211 57,576
Other liabilities (3,837) (3,762)
Net cash provided by operating activities 159,002 153,426
Cash flows from investing activities:    
Purchases of property and equipment (32,009) (29,346)
Purchases of marketable securities (25,804) (14,720)
Proceeds from marketable securities 57,575 29,525
Proceeds from other investments 0 20
Other investments (265) (490)
Cash paid for acquisition, net of cash acquired (36) (163)
Net cash used in investing activities (539) (15,174)
Cash flows from financing activities:    
Common dividends paid (43,387) (44,262)
Payments on long-term debt 0 (61,275)
Net payments for stock awards (9,720) (3,514)
Repurchase of common stock (94,316) (5,000)
Net cash used in financing activities (147,423) (114,051)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 2,815 1,495
Net increase in cash, cash equivalents, and restricted cash 13,855 25,696
Cash, cash equivalents, and restricted cash — beginning of period 146,656 181,925
Cash, cash equivalents, and restricted cash — end of period 160,511 207,621
Non-cash transactions:    
Non-cash additions to property and equipment 2,562 2,834
Right-of-use lease assets obtained in exchange for operating lease liabilities $ 6,071 $ 10,205