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v3.8.0.1

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2018 | Mar. 31, 2017
Statements of Income [Abstract] |  |
Revenues | $ 116,469 | $ 114,912
Costs and expenses: |  |
Instruction and educational support | 63,776 | 61,416
Marketing | 20,124 | 18,718
Admissions advisory | 4,676 | 4,716
General and administration | 11,218 | 11,619
Merger costs | 5,347 |
Total costs and expenses | 105,141 | 96,469
Income from operations | 11,328 | 18,443
Investment income | 448 | 181
Interest expense | 159 | 159
Income before income taxes | 11,617 | 18,465
Provision for income taxes | 2,150 | 7,887
Net income | $ 9,467 | $ 10,578
Earnings per share: |  |
Basic | $ 0.88 | $ 1.00
Diluted | $ 0.84 | $ 0.95
Weighted average shares outstanding: |  |
Basic | 10,745 | 10,630
Diluted | 11,311 | 11,121

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