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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Revenues $ 613,376 $ 520,837 $ 1,751,670 $ 1,505,886
Instructional costs and services 364,086 319,508 1,046,670 930,495
Gross margin 249,290 201,329 705,000 575,391
Selling, general, and administrative expenses 118,504 113,016 401,771 399,469
Income from operations 130,786 88,313 303,229 175,922
Interest expense, net (2,787) (2,404) (7,810) (6,494)
Other income, net 7,360 7,678 23,469 19,381
Income before income taxes and income (loss) from equity method investments 135,359 93,587 318,888 188,809
Income tax expense (35,450) (24,657) (80,088) (48,383)
Income (loss) from equity method investments (563) 757 (2,179) 975
Net income attributable to common stockholders $ 99,346 $ 69,687 $ 236,621 $ 141,401
Net income attributable to common stockholders per share:        
Basic (in dollars per share) $ 2.31 $ 1.63 $ 5.5 $ 3.32
Diluted (in dollars per share) $ 2.02 $ 1.6 $ 4.95 $ 3.26
Weighted average shares used in computing per share amounts:        
Basic (in shares) 43,092,682 42,684,561 42,992,727 42,581,869
Diluted (in shares) 49,181,728 43,655,841 47,798,923 43,389,903