v3.26.1
Segment Reporting - Schedule of Information on Net Revenue, Significant Expenses and Net Income for Single Reportable Segment (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
May 31, 2026
May 31, 2025
May 31, 2026
May 31, 2025
Segment Reporting [Abstract]        
Net revenue $ 271,801 $ 271,703 $ 756,289 $ 749,801
Costs and expenses:        
Compensation and related costs [1] 115,580 106,036 361,665 310,731
Advertising 47,705 41,148 139,013 130,892
Provision for credit losses on accounts receivable 8,510 12,531 24,585 35,885
Strategic alternatives, restructuring and other 11,937 6,837 31,673 17,886
Other [2] 36,243 34,051 107,927 103,974
Total costs and expenses 219,975 200,603 664,863 599,368
Operating income 51,826 71,100 91,426 150,433
Interest income 2,183 2,278 5,720 8,334
Interest expense (651) (107) (1,416) (332)
Income before income taxes 53,358 73,271 95,730 158,435
Provision for income taxes 14,452 18,622 30,877 40,564
Net Income $ 38,906 $ 54,649 $ 64,853 $ 117,871
[1] The increase in compensation and related costs during the three and nine months ended May 31, 2026 compared to the three and nine months ended May 31, 2025 was principally due to share-based compensation resulting from our IPO. See Note 13. Share-Based Awards for further information.
[2] Other principally consists of costs related to the delivery and administration of our educational programs, depreciation and amortization, information technology infrastructure costs, legal and professional fees, and other general and administrative costs.