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Consolidated Statements of (Loss) Income and Comprehensive (Loss) Income - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
REVENUE:      
Tuition and fees $ 593,849 $ 700,525 $ 842,062
Other 2,586 3,867 5,211
Total revenue [1] 596,435 704,392 847,273
OPERATING EXPENSES:      
Educational services and facilities 143,344 235,100 289,777
General and administrative 404,965 477,725 564,211
Depreciation and amortization [1] 13,990 22,747 24,938
Asset impairment   1,164 60,515
Total operating expenses 562,299 736,736 939,441
Operating income (loss) [1] 34,136 (32,344) (92,168)
OTHER INCOME (EXPENSE):      
Interest income 1,900 1,262 794
Interest expense (451) (584) (835)
Loss on sale of business     (1,793)
Miscellaneous income (expense) 665 300 (436)
Total other income (expense) 2,114 978 (2,270)
PRETAX INCOME (LOSS) 36,250 (31,366) (94,438)
Provision for (benefit from) income taxes 67,125 (16,550) (147,454)
(LOSS) INCOME FROM CONTINUING OPERATIONS (30,875) (14,816) 53,016
LOSS FROM DISCONTINUED OPERATIONS, net of tax (1,022) (3,896) (1,131)
NET (LOSS) INCOME (31,897) (18,712) 51,885
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:      
Foreign currency translation adjustments 288 (77)  
Unrealized (losses) gains on investments (194) 699 (27)
Total other comprehensive income (loss) 94 622 (27)
COMPREHENSIVE (LOSS) INCOME $ (31,803) $ (18,090) $ 51,858
NET (LOSS) INCOME PER SHARE - BASIC and DILUTED:      
(Loss) income from continuing operations $ (0.45) $ (0.22) $ 0.78
Loss from discontinued operations (0.01) (0.05) (0.02)
Net (loss) income per share $ (0.46) $ (0.27) [2] $ 0.76
WEIGHTED AVERAGE SHARES OUTSTANDING:      
Basic 68,949 [3] 68,373 [3] 67,860
Diluted 68,949 [3] 68,373 [3] 68,328
[1] The statement of (loss) income and comprehensive (loss) income balances including revenue, operating income (loss), depreciation and amortization and capital expenditures are presented above on a continuing operations basis. Total assets are presented on a consolidated basis including continuing and discontinued operations.
[2] Basic and diluted earnings per share are calculated independently for each of the quarters presented. Accordingly, the sum of the quarterly earnings per share amounts may not agree with the annual earnings per share amount for the corresponding year.
[3] Due to the fact that we reported a loss from continuing operations for the years ended December 31, 2017 and 2016, potential common stock equivalents were 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 years ended December 31, 2017 and 2016.