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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities    
Net income $ 8,515 $ 264,780
Adjustments to reconcile net income to net cash provided by operating activities:    
Share-based compensation expense 101,596 98,341
Other depreciation and amortization expense 108,945 64,295
Deferred income taxes 20,929 6,376
Gain on early extinguishment of debt (85,926) (93,519)
Loss contingency 7,000 0
Operating lease expense, net 4,535 4,746
Impairment of intangible asset 3,600 0
Loss from write-off of property and equipment 3,578 3,117
Amortization of debt issuance costs 2,610 4,084
Gain on foreign currency remeasurement of purchase consideration 0 (4,628)
Tax benefit related to release of valuation allowance 0 (174,601)
Print textbook depreciation expense 0 1,610
Impairment on lease related assets 0 3,411
Gain on textbook library, net 0 (4,976)
Other non-cash items (389) 619
Change in assets and liabilities, net of effect of acquisition of business:    
Accounts receivable (6,908) (2,259)
Prepaid expenses and other current assets 558 13,251
Other assets 8,671 15,926
Accounts payable 4,820 (1,728)
Deferred revenue 2,539 11,434
Accrued liabilities (6,149) (23,323)
Other liabilities (9,810) (5,240)
Net cash provided by operating activities 168,714 181,716
Cash flows from investing activities    
Purchases of property and equipment (57,298) (79,242)
Purchases of textbooks 0 (3,815)
Proceeds from disposition of textbooks 9,787 2,503
Purchases of investments (585,275) (534,008)
Maturities of investments 561,197 783,912
Proceeds from sale of investments 238,681 0
Purchase of strategic equity investment (11,853) (6,000)
Acquisition of business, net of cash acquired 0 (401,125)
Net cash provided by (used in) investing activities 155,239 (237,775)
Cash flows from financing activities    
Proceeds from common stock issued under stock plans, net 3,108 4,558
Payment of taxes related to the net share settlement of equity awards (13,857) (12,776)
Repurchases of common stock (186,368) (323,528)
Repayment of convertible senior notes (505,986) (401,203)
Proceeds from exercise of convertible senior notes capped call 297 0
Net cash used in financing activities (702,806) (732,949)
Effect of exchange rate changes (379) 4,628
Net decrease in cash, cash equivalents and restricted cash (379,232) (784,380)
Cash, cash equivalents and restricted cash, beginning of period 475,854 855,893
Cash, cash equivalents and restricted cash, end of period 96,622 71,513
Supplemental cash flow data:    
Interest 741 875
Income taxes, net of refunds 8,368 5,530
Cash paid for amounts included in the measurement of lease liabilities:    
Operating cash flows from operating leases 7,037 6,908
Right of use assets obtained in exchange for lease obligations:    
Operating leases 12,407 7,603
Non-cash investing and financing activities:    
Accrued purchases of long-lived assets 5,879 4,101
Reconciliation of cash, cash equivalents and restricted cash:    
Cash and cash equivalents 94,419 69,349
Restricted cash included in other current assets 60 63
Restricted cash included in other assets 2,143 2,101
Total cash, cash equivalents and restricted cash $ 96,622 $ 71,513