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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2018
CONSOLIDATED STATEMENTS OF OPERATIONS      
Revenues $ 1,040,765 $ 1,015,752 $ 917,734
Instructional costs and services 693,232 663,437 592,495
Gross margin 347,533 352,315 325,239
Selling, general, and administrative expenses 315,076 306,829 299,694
Income from operations 32,457 45,486 25,545
Interest income, net 698 2,761 965
Other income, net 272 114  
Income before income taxes and loss from equity method investments 33,427 48,361 26,510
Income tax (expense) benefit (8,541) (10,520) 910
Loss from equity method investments (380) (632)  
Net income 24,506 37,209 27,420
Add net loss attributable to noncontrolling interest 200
Net income attributable to common stockholders $ 24,506 $ 37,209 $ 27,620
Net income attributable to common stockholders per share:      
Basic (in dollars per share) $ 0.62 $ 0.96 $ 0.70
Diluted (in dollars per share) $ 0.60 $ 0.91 $ 0.68
Weighted average shares used in computing per share amounts:      
Basic (in shares) 39,478,928 38,848,780 39,282,674
Diluted (in shares) 40,663,224 40,944,800 40,637,744