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Unaudited Condensed Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
REVENUE:    
Tuition and registration fees $ 197,785 $ 225,691
Other 1,101 1,323
Total revenue 198,886 227,014
OPERATING EXPENSES:    
Educational services and facilities 61,538 74,894
General and administrative 123,563 163,673
Depreciation and amortization 6,569 6,786
Asset impairment 237 6,019
Total operating expenses 191,907 251,372
Operating income (loss) 6,979 (24,358)
OTHER INCOME (EXPENSE):    
Interest income 265 160
Interest expense (236) (162)
Miscellaneous income (expense) 217 (380)
Total other income (expense) 246 (382)
PRETAX INCOME (LOSS) 7,225 (24,740)
Provision for (benefit from) income taxes 4,135 (211)
INCOME (LOSS) FROM CONTINUING OPERATIONS 3,090 (24,529)
LOSS FROM DISCONTINUED OPERATIONS, net of tax (79) (352)
NET INCOME (LOSS) 3,011 (24,881)
OTHER COMPREHENSIVE INCOME, net of tax:    
Foreign currency translation adjustments 193  
Unrealized gains on investments 323 195
Total other comprehensive income 516 195
COMPREHENSIVE INCOME (LOSS) $ 3,527 $ (24,686)
NET INCOME (LOSS) PER SHARE - BASIC and DILUTED:    
Income (loss) from continuing operations $ 0.04 $ (0.36)
Loss from discontinued operations   (0.01)
Net income (loss) per share $ 0.04 $ (0.37)
WEIGHTED AVERAGE SHARES OUTSTANDING:    
Basic 68,155 67,534 [1]
Diluted 68,798 67,534 [1]
[1] Due to the fact that we reported a loss from continuing operations for the quarter ended March 31, 2015, potential common stock equivalents are excluded from the diluted common shares outstanding calculation. Per FASB ASC Topic 260 – Earnings Per Share, an entity that reports discontinued operations shall use income or loss from continuing operations as the benchmark for calculating diluted common shares outstanding, and as such, we have zero common stock equivalents since these shares would have an anti-dilutive effect on our net loss per share for the quarter ended March 31, 2015.