XML 51 R41.htm IDEA: XBRL DOCUMENT v3.24.0.1
Summary of Significant Accounting Policies (Effect of Revision on Affected Line Items Within Consolidated Statements of Income) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Error Corrections and Prior Period Adjustments Restatement [Line Items]        
Revenue $ 393,242 $ 362,834 $ 762,087 $ 717,103
Student services and administrative expense 155,584 141,802 321,679 288,187
Business integration expense 6,909 14,816 12,171 24,356
Total operating cost and expense 334,630 317,284 675,281 647,919
Operating income 58,612 45,550 86,806 69,184
Other expense, net 3,563 (1,440) 5,777 (679)
Income from continuing operations before income taxes 45,482 28,521 60,233 35,156
Provision for income taxes (7,769) (4,395) (10,561) (5,517)
Income from continuing operations 37,713 24,126 49,672 29,639
Income (loss) from discontinued operations before income taxes 2,926 524 1,161 (2,741)
(Provision for) benefit from income taxes (748) (182) (296) 1,521
Income (loss) from discontinued operations $ 2,178 527 865 (4,394)
Net income   $ 24,653 $ 50,537 $ 25,245
Basic:        
Continuing operations (In dollars per share) $ 0.95 $ 0.53 $ 1.22 $ 0.65
Discontinued operations (In dollars per share) 0.05 0.01 0.02 (0.10)
Total basic earnings per share (In dollars per share) 1.00 0.54 1.24 0.56
Diluted:        
Continuing operations (In dollars per share) 0.92 0.52 1.20 0.64
Discontinued operations (In dollars per share) 0.05 0.01 0.02 (0.10)
Total diluted earnings per share (In dollars per share) $ 0.98 $ 0.53 $ 1.22 $ 0.55
Previously Reported        
Error Corrections and Prior Period Adjustments Restatement [Line Items]        
Revenue   $ 363,302   $ 717,861
Student services and administrative expense   140,668   289,009
Business integration expense   15,941   24,356
Total operating cost and expense   317,275   648,741
Operating income   46,027   69,120
Other expense, net   (2,574)   (1,007)
Income from continuing operations before income taxes   27,864   34,764
Provision for income taxes   (4,247)   (5,301)
Income from continuing operations   23,617   29,463
Income (loss) from discontinued operations before income taxes   524   (2,914)
(Provision for) benefit from income taxes   (182)   2,961
Income (loss) from discontinued operations   527   (3,127)
Net income   $ 24,144   $ 26,336
Basic:        
Continuing operations (In dollars per share)   $ 0.52   $ 0.65
Discontinued operations (In dollars per share)   0.01   (0.07)
Total basic earnings per share (In dollars per share)   0.53   0.58
Diluted:        
Continuing operations (In dollars per share)   0.51   0.64
Discontinued operations (In dollars per share)   0.01   (0.07)
Total diluted earnings per share (In dollars per share)   $ 0.52   $ 0.57
Adjustment        
Error Corrections and Prior Period Adjustments Restatement [Line Items]        
Revenue   $ (468)   $ (758)
Student services and administrative expense   1,134   (822)
Business integration expense   (1,125)    
Total operating cost and expense   9   (822)
Operating income   (477)   64
Other expense, net   1,134   328
Income from continuing operations before income taxes   657   392
Provision for income taxes   (148)   (216)
Income from continuing operations   509   176
Income (loss) from discontinued operations before income taxes       173
(Provision for) benefit from income taxes       (1,440)
Income (loss) from discontinued operations       (1,267)
Net income   $ 509   $ (1,091)
Basic:        
Continuing operations (In dollars per share)   $ 0.01   $ 0.00
Discontinued operations (In dollars per share)   0.00   (0.03)
Total basic earnings per share (In dollars per share)   0.01   (0.02)
Diluted:        
Continuing operations (In dollars per share)   0.01   0.00
Discontinued operations (In dollars per share)   0.00   (0.03)
Total diluted earnings per share (In dollars per share)   $ 0.01   $ (0.02)