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Unaudited Condensed Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
REVENUE:        
Tuition and fees $ 144,408 $ 166,819 $ 451,292 $ 546,036
Other 578 806 2,025 3,101
Total revenue 144,986 167,625 453,317 549,137
OPERATING EXPENSES:        
Educational services and facilities 37,788 51,393 114,367 170,993
General and administrative 99,077 111,723 304,158 337,358
Depreciation and amortization 3,582 5,215 11,368 16,986
Asset impairment       237
Total operating expenses 140,447 168,331 429,893 525,574
Operating income (loss) 4,539 (706) 23,424 23,563
OTHER INCOME:        
Interest income 474 334 1,328 900
Interest expense (114) (117) (340) (469)
Miscellaneous income (expense) 196 10 489 (4)
Total other income 556 227 1,477 427
PRETAX INCOME (LOSS) 5,095 (479) 24,901 23,990
Provision for income taxes 1,597 21 11,143 8,776
INCOME (LOSS) FROM CONTINUING OPERATIONS 3,498 (500) 13,758 15,214
LOSS FROM DISCONTINUED OPERATIONS, net of tax (476) (186) (1,273) (1,050)
NET INCOME (LOSS) 3,022 (686) 12,485 14,164
OTHER COMPREHENSIVE INCOME, net of tax:        
Foreign currency translation adjustments 105 47 368 143
Unrealized gains on investments   370 34 824
Total other comprehensive income 105 417 402 967
COMPREHENSIVE INCOME (LOSS) $ 3,127 $ (269) $ 12,887 $ 15,131
NET INCOME (LOSS) PER SHARE - BASIC and DILUTED:        
Income (loss) from continuing operations $ 0.05 $ (0.01) $ 0.20 $ 0.22
Loss from discontinued operations (0.01)   (0.02) (0.01)
Net income (loss) per share $ 0.04 $ (0.01) $ 0.18 $ 0.21
WEIGHTED AVERAGE SHARES OUTSTANDING:        
Basic 69,082 68,460 [1] 68,897 68,328
Diluted 70,865 68,460 [1] 70,660 68,889
[1] Due to the fact that we reported a loss from continuing operations for the quarter ended September 30, 2016, 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 September 30, 2016.