XML 15 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Unaudited Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Statements of Income [Abstract]        
Revenues $ 110,031 $ 124,260 $ 379,517 $ 420,046
Costs and expenses:        
Instruction and educational support 63,673 72,997 208,405 222,413
Marketing 23,077 23,171 57,026 53,693
Admissions advisory 5,188 6,487 15,751 19,733
General and administration 11,472 13,769 35,538 39,345
Total costs and expenses 103,410 116,424 316,720 335,184
Income from operations 6,621 7,836 62,797 84,862
Investment income 1 1 1 4
Interest expense 1,391 1,055 4,024 3,373
Income before income taxes 5,231 6,782 58,774 81,493
Provision for income taxes 2,082 2,679 23,392 32,190
Net income $ 3,149 $ 4,103 $ 35,382 $ 49,303
Earnings per share:        
Basic $ 0.30 $ 0.36 $ 3.34 $ 4.31
Diluted $ 0.30 $ 0.36 $ 3.32 $ 4.29
Weighted average shares outstanding:        
Basic 10,510 11,433 10,608 11,428
Diluted 10,552 11,487 10,646 11,482