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Unaudited Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
REVENUE:        
Total revenue $ 145,690 $ 144,986 $ 435,791 $ 453,317
OPERATING EXPENSES:        
Educational services and facilities 27,201 37,788 84,437 114,367
General and administrative 96,842 99,077 293,190 304,158
Depreciation and amortization 2,364 3,582 7,049 11,368
Total operating expenses 126,407 140,447 384,676 429,893
Operating income 19,283 4,539 51,115 23,424
OTHER INCOME:        
Interest income 950 474 2,326 1,328
Interest expense (108) (114) (323) (340)
Miscellaneous income 32 196 225 489
Total other income 874 556 2,228 1,477
PRETAX INCOME 20,157 5,095 53,343 24,901
Provision for income taxes 5,089 1,597 11,527 11,143
INCOME FROM CONTINUING OPERATIONS 15,068 3,498 41,816 13,758
LOSS FROM DISCONTINUED OPERATIONS, net of tax (211) (476) (706) (1,273)
NET INCOME 14,857 3,022 41,110 12,485
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:        
Foreign currency translation adjustments (21) 105 (103) 368
Unrealized gain (loss) on investments 106   (4) 34
Total other comprehensive income (loss) 85 105 (107) 402
COMPREHENSIVE INCOME $ 14,942 $ 3,127 $ 41,003 $ 12,887
NET INCOME (LOSS) PER SHARE - BASIC:        
Income from continuing operations $ 0.21 $ 0.05 $ 0.60 $ 0.20
Loss from discontinued operations   (0.01) (0.01) (0.02)
Net income per share 0.21 0.04 0.59 0.18
NET INCOME (LOSS) PER SHARE - DILUTED:        
Income from continuing operations 0.21 0.05 0.59 0.20
Loss from discontinued operations   (0.01) (0.01) (0.02)
Net income per share $ 0.21 $ 0.04 $ 0.58 $ 0.18
WEIGHTED AVERAGE SHARES OUTSTANDING:        
Basic 69,737 69,082 69,542 68,897
Diluted 71,790 70,865 71,425 70,660
Tuition and Fees [Member]        
REVENUE:        
Total revenue $ 144,882 $ 144,408 $ 433,736 $ 451,292
Other [Member]        
REVENUE:        
Total revenue [1] $ 808 $ 578 $ 2,055 $ 2,025
[1] Other revenue primarily includes contract training revenue and bookstore and laptop sales.