XML 28 R19.htm IDEA: XBRL DOCUMENT v3.23.1
Other Non-Operating Income
3 Months Ended
Mar. 31, 2023
Other Nonoperating Income (Expense) [Abstract]  
Other Non-Operating Income OTHER NON-OPERATING INCOME
A summary of non-operating income is as follows:

Three Months Ended 
 March 31
(in thousands)
20232022
Gain on a cost method investment$1,831 $— 
Foreign currency loss, net(1,504)(1,047)
Gain on sale of business1,000 945 
Gain on sale of cost method investments785 1,075 
Gain on sale of investments in affiliates15 604 
Other gain, net956 1,299 
Total Other Non-Operating Income
$3,083 $2,876 
The gain on cost method investment resulted from observable price changes in the fair value of the underlying equity securities accounted for under the cost method (see Notes 3 and 8).
During the three months ended March 31, 2023 and 2022, the Company recorded contingent consideration gains of $1.0 million and $0.9 million, respectively, related to the disposition of Kaplan University (KU) in 2018.