Accounts Receivable, Net (Tables)

9 Months Ended

May 31, 2026

Receivables [Abstract]

Schedule of Accounts Receivable, Net

Accounts receivable, net consists of the following as of the respective periods:


($ in thousands)		May 31, 2026				August 31, 2025
Student accounts receivable		$	136,094			$	91,127
Allowance for credit losses			(41,230	)			(42,000	)
Net student accounts receivable			94,864				49,127
Other receivables			1,611				9,830
Accounts receivable, net		$	96,475			$	58,957

Schedule of the Activity in Allowance for Credit Losses

The following summarizes the activity in allowance for credit losses during the respective periods:


		Three Months Ended May 31,								Nine Months Ended May 31,
($ in thousands)		2026				2025				2026				2025
Beginning allowance for credit losses		$	40,420			$	43,746			$	42,000			$	49,200
Provision for credit losses on accounts receivable			8,510				12,531				24,585				35,885
Write-offs, net of recoveries			(7,700	)			(9,889	)			(25,355	)			(38,697	)
Ending allowance for credit losses		$	41,230			$	46,388			$	41,230			$	46,388