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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities    
Net income $ 26,798 $ 13,218
Adjustments to reconcile net income to net cash provided by operating activities:    
Share-based compensation expense 69,666 64,171
Other depreciation and amortization expense 52,027 41,921
Deferred income taxes 20,142 (303)
Gain on early extinguishment of debt (53,777) 0
Restructuring charges 5,704 0
Loss contingency 7,000 0
Operating lease expense, net 3,009 3,242
Amortization of debt issuance costs 1,988 2,779
Loss from write-off of property and equipment 450 2,767
Gain on foreign currency remeasurement of purchase consideration 0 (4,628)
Print textbook depreciation expense 0 1,610
Impairment on lease related assets 0 3,411
Gain on textbook library, net 0 (4,967)
Other non-cash items (1,083) 470
Change in assets and liabilities, net of effect of acquisition of business:    
Accounts receivable 3,081 3,227
Prepaid expenses and other current assets 15,082 28,768
Other assets 5,470 13,058
Accounts payable (671) (5,246)
Deferred revenue (3,634) 4,256
Accrued liabilities (7,140) (21,034)
Other liabilities (8,205) (2,965)
Net cash provided by operating activities 135,907 143,755
Cash flows from investing activities    
Purchases of property and equipment (33,864) (57,286)
Purchases of textbooks 0 (3,815)
Proceeds from disposition of textbooks 9,787 2,494
Purchases of investments (552,409) (356,553)
Maturities of investments 476,862 522,466
Proceeds from sale of investments 238,681 0
Purchase of strategic equity investment (9,604) 0
Acquisition of business, net of cash acquired 0 (401,125)
Net cash provided by (used in) investing activities 129,453 (293,819)
Cash flows from financing activities    
Proceeds from common stock issued under stock plans, net 3,081 4,558
Payment of taxes related to the net share settlement of equity awards (11,068) (10,221)
Repurchases of common stock (186,368) (300,450)
Repayment of convertible senior notes (369,761) 0
Proceeds from exercise of convertible senior notes capped call 300 0
Net cash used in financing activities (563,819) (306,113)
Effect of exchange rate changes 197 4,628
Net decrease in cash, cash equivalents and restricted cash (298,262) (451,549)
Cash, cash equivalents and restricted cash, beginning of period 475,854 855,893
Cash, cash equivalents and restricted cash, end of period 177,592 404,344
Supplemental cash flow data:    
Interest 517 437
Income taxes, net of refunds 6,171 3,915
Cash paid for amounts included in the measurement of lease liabilities:    
Operating cash flows from operating leases 4,909 3,869
Right of use assets obtained in exchange for lease obligations:    
Operating leases 12,407 3,244
Non-cash investing and financing activities:    
Accrued purchases of long-lived assets 4,518 4,057
Reconciliation of cash, cash equivalents and restricted cash:    
Cash and cash equivalents 175,368 402,089
Restricted cash included in other current assets 60 64
Restricted cash included in other assets 2,164 2,191
Total cash, cash equivalents and restricted cash $ 177,592 $ 404,344