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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 262,941 $ 268,918
Marketable securities 8,854 6,501
Tuition receivable, net 75,937 51,277
Income taxes receivable 0 313
Other current assets 48,092 40,777
Total current assets 395,824 367,786
Property and equipment, net 141,736 150,589
Right-of-use lease assets 132,961 149,587
Marketable securities, non-current 17,939 23,377
Intangible assets, net 266,078 276,380
Goodwill 1,256,428 1,285,864
Other assets 49,295 52,297
Total assets 2,260,261 2,305,880
Current liabilities:    
Accounts payable and accrued expenses 85,210 95,518
Income taxes payable 4,379 0
Contract liabilities 121,035 73,232
Lease liabilities 25,009 27,005
Total current liabilities 235,633 195,755
Long-term debt 141,437 141,630
Deferred income tax liabilities 38,614 44,595
Lease liabilities, non-current 145,841 162,821
Other long-term liabilities 46,815 47,089
Total liabilities 608,340 591,890
Commitments and contingencies
Stockholders’ equity:    
Common stock, par value $0.01; 32,000,000 shares authorized; 24,592,098 and 24,637,268 shares issued and outstanding at December 31, 2021 and June 30, 2022, respectively 246 246
Additional paid-in capital 1,513,509 1,529,969
Accumulated other comprehensive income (loss) (28,009) 9,203
Retained earnings 166,175 174,572
Total stockholders’ equity 1,651,921 1,713,990
Total liabilities and stockholders’ equity $ 2,260,261 $ 2,305,880