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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2021
Mar. 31, 2020
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Revenues $ 392,145 $ 257,154 $ 1,139,250 $ 771,834
Instructional costs and services 253,128 178,968 740,951 515,796
Gross margin 139,017 78,186 398,299 256,038
Selling, general, and administrative expenses 100,464 63,687 309,230 230,622
Income from operations 38,553 14,499 89,069 25,416
Interest income (expense), net (5,371) (76) (12,502) 1,275
Other income (expense), net 486 (1,093) 2,276 (736)
Income before income taxes and income (loss) from equity method investments 33,668 13,330 78,843 25,955
Income tax expense (10,275) (4,419) (18,541) (5,993)
Income (loss) from equity method investments 396 (157) 654 (344)
Net income attributable to common stockholders $ 23,789 $ 8,754 $ 60,956 $ 19,618
Net income attributable to common stockholders per share:        
Basic (in dollars per share) $ 0.59 $ 0.22 $ 1.52 $ 0.50
Diluted (in dollars per share) $ 0.57 $ 0.22 $ 1.46 $ 0.48
Weighted average shares used in computing per share amounts:        
Basic (in shares) 40,286,109 39,539,791 40,143,610 39,426,121
Diluted (in shares) 41,690,509 39,938,898 41,701,955 40,461,290