v3.26.3
Goodwill and Other Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2026
Changes in Carrying Amount of Goodwill
The changes in the carrying amount of goodwill, by segment, were as follows:
(in thousands)EducationTelevision
Broadcasting		HealthcareManufacturingAutomotiveOther
Businesses		Total
As of December 31, 2025        
Goodwill$1,181,284 $190,815 $136,637 $272,523 $140,832 $108,943 $2,031,034 
Accumulated impairment losses
(331,151)— — (82,062)— (32,155)(445,368)
850,133 190,815 136,637 190,461 140,832 76,788 1,585,666 
Acquisition— — 18,121 — — — 18,121 
Impairment(976)— — — — — (976)
Disposition— — — — — — — 
Reclassification to assets held for sale(51,786)— — — — — (51,786)
Foreign currency exchange rate changes
368 — — — — — 368 
As of September 30, 2026        
Goodwill1,128,890 190,815 154,758 272,523 140,832 108,943 1,996,761 
Accumulated impairment losses
(331,151)— — (82,062)— (32,155)(445,368)
$797,739 $190,815 $154,758 $190,461 $140,832 $76,788 $1,551,393 
Other Intangible Assets
Other intangible assets consist of the following:
As of September 30, 2026As of December 31, 2025
(in thousands)Useful Life
Range		Gross
Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount		Gross
Carrying
Amount		Accumulated
Amortization		Net
 Carrying
Amount
Amortized Intangible Assets              
Student and customer relationships
2–10 years
$286,235 $257,124 $29,111 $307,312 $266,453 $40,859 
Trade names and trademarks
2–10 years
107,338 95,613 11,725 114,227 98,147 16,080 
Network affiliation agreements
10 years
17,400 16,893 507 17,400 15,588 1,812 
Databases and technology
3–6 years
30,496 28,811 1,685 32,376 30,293 2,083 
Other
1–8 years
37,863 37,256 607 38,063 37,266 797 
    $479,332 $435,697 $43,635 $509,378 $447,747 $61,631 
Indefinite-Lived Intangible Assets
              
Franchise agreements$97,002 $97,002 
Trade names and trademarks  62,187     62,653     
FCC licenses11,000 11,000 
Other150 150 
  $170,339 $170,805 
Education and Healthcare Divisions [Member]  
Changes in Carrying Amount of Goodwill
The changes in carrying amount of goodwill at the Company’s education and healthcare divisions were as follows:
(in thousands)
Kaplan
International
Higher
Education
Supplemental EducationTotal
Education		CSIOther HealthcareTotal Healthcare
As of December 31, 2025      
Goodwill$614,096 $174,564 $392,624 $1,181,284 $87,140 $49,497 $136,637 
Accumulated impairment losses— (111,324)(219,827)(331,151)— — — 
614,096 63,240 172,797 850,133 87,140 49,497 136,637 
Acquisition— — — — — 18,121 18,121 
Impairment(976)— — (976)— — — 
Disposition— — — — — — — 
Reclassification to assets held for sale(51,786)— — (51,786)— — — 
Foreign currency exchange rate changes431 — (63)368 — — — 
As of September 30, 2026      
Goodwill561,765 174,564 392,561 1,128,890 87,140 67,618 154,758 
Accumulated impairment losses— (111,324)(219,827)(331,151)— — — 
$561,765 $63,240 $172,734 $797,739 $87,140 $67,618 $154,758