ACQUISITIONS (Tables)

3 Months Ended

Mar. 31, 2023

Business Combination and Asset Acquisition [Abstract]

Schedule of Business Acquisitions, by Acquisition

The purchase price for this acquisition has been allocated based on preliminary estimates of the fair values of the acquired assets and assumed liabilities at the date of acquisition as follows:

	At acquisition date as reported September 30, 2022		Measurement period adjustments		At acquisition date as reported March 31, 2023
	(In thousands)
Cash	$	4,705	$	—	$	4,705
Accounts receivable and prepaid expenses	4,295		(54)		4,241
Fixed assets	21,702		(1,051)		20,651
Goodwill	283,466		3,422		286,888
Intangible assets	30,945		(3,377)		27,568
Operating lease right of use assets	156,678		(3,698)		152,980
Total assets acquired	501,791		(4,758)		497,033
Accounts payable and accrued expenses	17,991		137		18,128
Deferred revenue and parent deposits	6,809		62		6,871
Deferred tax liabilities	3,392		(3,392)		—
Operating lease liabilities	161,405		(1,706)		159,699
Other long-term liabilities	5,458		141		5,599
Total liabilities assumed	195,055		(4,758)		190,297
Purchase price	$	306,736	$	—	$	306,736

Business Acquisition, Pro Forma Information

The following table presents consolidated pro forma revenue as if the acquisition of Only About Children had occurred on January 1, 2021:

	Pro forma (Unaudited) Three months ended March 31, 2022
	(In thousands)
Revenue	$	492,588