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Unaudited Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
REVENUE:    
Tuition and fees $ 147,510 $ 161,377
Other 555 732
Total revenue 148,065 162,109
OPERATING EXPENSES:    
Educational services and facilities 26,946 40,173
General and administrative 98,008 108,245
Depreciation and amortization 2,582 3,910
Total operating expenses 127,536 152,328
Operating income 20,529 9,781
OTHER INCOME:    
Interest income 634 390
Interest expense (109) (113)
Miscellaneous income 328 40
Total other income 853 317
PRETAX INCOME 21,382 10,098
Provision for income taxes 3,498 4,501
INCOME FROM CONTINUING OPERATIONS 17,884 5,597
LOSS FROM DISCONTINUED OPERATIONS, net of tax (382) (420)
NET INCOME 17,502 5,177
OTHER COMPREHENSIVE (LOSS) INCOME, net of tax:    
Foreign currency translation adjustments 86 41
Unrealized (loss) gain on investments (218) 23
Total other comprehensive (loss) income (132) 64
COMPREHENSIVE INCOME $ 17,370 $ 5,241
NET INCOME (LOSS) PER SHARE - BASIC:    
Income from continuing operations $ 0.26 $ 0.08
Loss from discontinued operations (0.01)  
Net income per share 0.25 0.08
NET INCOME (LOSS) PER SHARE - DILUTED:    
Income from continuing operations 0.25 0.08
Loss from discontinued operations   (0.01)
Net income per share $ 0.25 $ 0.07
WEIGHTED AVERAGE SHARES OUTSTANDING:    
Basic 69,216 68,578
Diluted 71,119 70,319