v3.26.1
Other Long-Term Liabilities
6 Months Ended
Jun. 30, 2026
Other Liabilities, Noncurrent [Abstract]  
Other Long-Term Liabilities Other Long-Term Liabilities
Other long-term liabilities consist of the following as of December 31, 2025 and June 30, 2026 (in thousands):
December 31, 2025June 30, 2026
Contract liabilities, net of current portion$35,577 $36,113 
Asset retirement obligations3,874 3,839 
Other5,689 4,909 
Other long-term liabilities$45,140 $44,861 
Contract Liabilities
In connection with its student tuition contracts, the Company has an obligation to provide free or discounted tuition in the future should certain eligibility conditions be maintained. Long-term contract liabilities represent the amount of revenue under these arrangements that the Company expects will be realized after one year.
Asset Retirement Obligations
Certain of the Company’s lease agreements require the leased premises to be returned in a predetermined condition.
Other
Other is comprised primarily of employee-related obligations and other long-term liabilities.