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v3.10.0.1

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016
Statements of Income [Abstract] |  |  |
Revenues | $ 634,185 | $ 454,851 | $ 441,088
Costs and expenses: |  |  |
Instruction and educational support | 340,076 | 249,939 | 242,099
Marketing | 136,979 | 82,540 | 79,025
Admissions advisory | 31,466 | 19,004 | 17,832
General and administration | 57,056 | 46,792 | 47,873
Amortization of intangible assets | 25,694 |  |
Merger costs | 45,745 | 11,879 |
Fair value adjustments and impairment of intangible assets | 19,909 | (7,512) | (3,213)
Total costs and expenses | 656,925 | 402,642 | 383,616
Income (loss) from operations | (22,740) | 52,209 | 57,472
Other (expense) income | 3,601 | 437 | (180)
Income (loss) before income taxes | (19,139) | 52,646 | 57,292
Provision (benefit) for income taxes | (3,468) | 32,034 | 22,490
Net income (loss) | $ (15,671) | $ 20,612 | $ 34,802
Earnings (loss) per share: |  |  |
Basic | $ (1.03) | $ 1.93 | $ 3.28
Diluted | $ (1.03) | $ 1.84 | $ 3.21
Weighted average shares outstanding: |  |  |
Basic | 15,190 | 10,678 | 10,610
Diluted | 15,190 | 11,199 | 10,845
Cash dividend declared per share (in dollars per share) | $ 1.50 | $ 1.00 |

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