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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities    
Net income (loss) $ 5,742 $ (65,179)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Print textbook depreciation expense 1,521 3,760
Other depreciation and amortization expense 20,285 14,846
Share-based compensation expense 33,084 23,100
Amortization of debt issuance costs 1,382 1,626
Gain on foreign currency remeasurement of purchase consideration (4,628) 0
Loss on early extinguishment of debt 0 78,152
Loss on change in fair value of derivative instruments, net 0 7,148
Loss from write-off of property and equipment 626 757
Gain on sale of strategic equity investment 0 (5,338)
(Gain) loss on textbook library, net (610) 4,028
Operating lease expense, net of accretion 1,640 1,589
Other non-cash items (737) 87
Change in assets and liabilities, net of effect of acquisition of businesses:    
Accounts receivable 292 2,240
Prepaid expenses and other current assets 21,722 (25,075)
Other assets 8,342 1,058
Accounts payable (7,534) 6,597
Deferred revenue 8,554 15,988
Accrued liabilities (7,555) 9,386
Other liabilities (2,091) (1,197)
Net cash provided by operating activities 80,035 73,573
Cash flows from investing activities    
Purchases of property and equipment (29,533) (18,984)
Purchases of textbooks (3,692) (4,527)
Proceeds from disposition of textbooks 2,499 4,038
Purchases of investments (273,280) (925,748)
Maturities of investments 342,059 181,315
Proceeds from sale of strategic equity investment 0 6,845
Acquisition of businesses, net of cash acquired (401,125) (7,891)
Net cash used in investing activities (363,072) (764,952)
Cash flows from financing activities    
Proceeds from common stock issued under stock plans, net 456 347
Payment of taxes related to the net share settlement of equity awards (7,467) (59,176)
Proceeds from equity offering, net of offering costs 0 1,091,466
Repayment of convertible senior notes 0 (189,849)
Proceeds from exercise of convertible senior notes capped call 0 24,812
Repurchases of common stock (300,450) 0
Net cash (used in) provided by financing activities (307,461) 867,600
Effect of exchange rate changes 4,628 0
Net (decrease) increase in cash, cash equivalents and restricted cash (585,870) 176,221
Cash, cash equivalents and restricted cash, beginning of period 855,893 481,715
Cash, cash equivalents and restricted cash, end of period 270,023 657,936
Supplemental cash flow data:    
Interest 437 502
Income taxes, net of refunds 1,101 3,063
Cash paid for amounts included in the measurement of lease liabilities:    
Operating cash flows from operating leases 1,852 1,998
Right of use assets obtained in exchange for lease obligations, operating lease 2,715 0
Non-cash investing and financing activities:    
Accrued purchases of long-lived assets 5,778 904
Issuance of common stock related to repayment of convertible senior notes 0 11,237
Reconciliation of cash, cash equivalents and restricted cash:    
Cash and cash equivalents 267,731 656,168
Restricted cash included in other current assets 70 38
Restricted cash included in other assets 2,222 1,730
Total cash, cash equivalents and restricted cash $ 270,023 $ 657,936