Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2022

Revenue from Contract with Customer [Abstract]

Summary of Disaggregation of Revenue from Contracts with Customers

The following table presents the Company’s revenues from contracts with customers disaggregated by material revenue category for the three and six months ended June 30, 2021 and 2022 (in thousands):

	For the three months ended June 30,				For the six months ended June 30,
	2021		2022		2021		2022
U.S. Higher Education Segment
Tuition, net of discounts, grants and scholarships	$	203,433	$	181,374	$	420,910	$	368,729
Other(1)	8,774		8,652		17,844		17,063
Total U.S. Higher Education Segment	212,207		190,026		438,754		385,792
Australia/New Zealand Segment
Tuition, net of discounts, grants and scholarships	72,340		65,847		122,562		113,383
Other(1)	1,720		1,696		2,763		2,672
Total Australia/New Zealand Segment	74,060		67,543		125,325		116,055
Education Technology Services Segment(2)	12,906		15,995		25,430		30,572
Consolidated revenue	$	299,173	$	273,564	$	589,509	$	532,419

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(1)Other revenue is primarily comprised of academic fees, sales of course materials, placement fees and other non-tuition revenue streams.

(2)Education Technology Services revenue is primarily derived from tuition revenue.

Schedule of Graduation Fund liability

The table below presents activity in the contract liability related to the Graduation Fund (in thousands):

	For the six months ended June 30,
	2021		2022
Balance at beginning of period	$	53,314	$	52,024
Revenue deferred	11,435		8,774
Benefit redeemed	(11,185)		(10,656)
Balance at end of period	$	53,564	$	50,142