XML 24 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Income Statements (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Consolidated Income Statements [Abstract]    
Net revenue $ 117,131 $ 101,709
Costs and expenses:    
Instructional costs and services 50,824 48,875
Selling and promotional, including $447 and $401 to related parties for March 31, 2012 and 2011, respectively 34,559 29,832
General and administrative 7,544 6,832
Total costs and expenses 92,927 85,539
Operating income 24,204 16,170
Interest expense (207) (107)
Interest income 10 32
Income before income taxes 24,007 16,095
Income tax expense 9,538 6,614
Net income $ 14,469 $ 9,481
Earnings per share:    
Basic income per share $ 0.33 $ 0.21
Diluted income per share $ 0.32 $ 0.21
Basic weighted average shares outstanding 44,371 45,590
Diluted weighted average shares outstanding 45,151 46,089