Business Acquisition (Tables)

3 Months Ended

Mar. 31, 2023

Business Combinations [Abstract]

Summary of Preliminary Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary fair values of assets acquired and liabilities assumed as of December 1, 2022 (dollars in thousands):

(Preliminary)	Coding Dojo
Assets:	December 1, 2022
Student receivables, net	$	5,344
Prepaid and other assets		408
Property, equipment and ROU assets		552
Intangible assets subject to amortization
Trade name		5,100
Customer relationships		1,260
Developed technology		6,030
Goodwill		59,806
Total assets acquired	$	78,500
Liabilities:
Accounts payable and other accrued liabilities		2,069
Deferred revenue		10,324
Deferred tax liability, net		1,221
Total liabilities assumed	$	13,614
Net assets acquired	$	64,886