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Consolidated Income Statements - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Consolidated Income Statements    
Service revenue $ 244,133 $ 236,934
Costs and expenses:    
Technology and academic services 36,306 32,051
Counseling services and support 67,513 61,239
Marketing and communication 50,851 47,731
General and administrative 9,893 9,582
Amortization of intangible assets 2,105 2,105
Total costs and expenses 166,668 152,708
Operating income 77,465 84,226
Interest income on Secured Note   14,549
Interest expense   (799)
Investment interest and other 205 121
Income before income taxes 77,670 98,097
Income tax expense 19,592 19,985
Net income $ 58,078 $ 78,112
Earnings per share:    
Basic income per share $ 1.67 $ 1.70
Diluted income per share $ 1.66 $ 1.69
Basic weighted average shares outstanding 34,806 46,084
Diluted weighted average shares outstanding 34,901 46,300