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v3.19.2

Unaudited Condensed Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2019 | Jun. 30, 2018 | Jun. 30, 2019 | Jun. 30, 2018
Income Statement [Abstract] |  |  |  |
Revenues | $ 245,110 | $ 114,668 | $ 491,618 | $ 231,137
Costs and expenses: |  |  |  |
Instructional and support costs | 130,704 | 69,299 | 264,754 | 137,751
General and administration | 68,374 | 32,176 | 132,513 | 63,518
Amortization of intangible assets | 15,417 | 0 | 30,834 | 0
Merger and integration costs | 3,019 | 2,824 | 10,198 | 8,171
Impairment of intangible assets | 0 | 6,185 | 0 | 6,185
Total costs and expenses | 217,514 | 110,484 | 438,299 | 215,625
Income from operations | 27,596 | 4,184 | 53,319 | 15,512
Other income | 4,125 | 447 | 7,452 | 736
Income before income taxes | 31,721 | 4,631 | 60,771 | 16,248
Provision (benefit) for income taxes | 7,312 | (557) | 24,862 | 1,593
Net income | $ 24,409 | $ 5,188 | $ 35,909 | $ 14,655
Earnings per share: |  |  |  |
Basic (In Dollars per Share) | $ 1.12 | $ 0.48 | $ 1.66 | $ 1.36
Diluted (In Dollars per Share) | $ 1.10 | $ 0.46 | $ 1.63 | $ 1.29
Weighted average shares outstanding: |  |  |  |
Basic (In Shares) | 21,777 | 10,879 | 21,638 | 10,812
Diluted (In Shares) | 22,109 | 11,380 | 22,079 | 11,346
Cash dividend declared per share (in dollars per share) | $ 0.50 | $ 0.25 | $ 1.00 | $ 0.50

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