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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Revenues $ 153,286 $ 100,966 $ 437,110 $ 308,127
Operating expenses:        
Educational services and facilities 88,377 53,216 236,715 150,326
Selling, general and administrative 64,246 45,796 189,335 138,892
Total operating expenses 152,623 99,012 426,050 289,218
Income from operations 663 1,954 11,060 18,909
Other (expense) income:        
Interest income 1,632 68 4,260 88
Interest expense (2,957) (552) (7,017) (1,251)
Other income (expense), net 89 (291) 540 (336)
Total other expense, net (1,236) (775) (2,217) (1,499)
(Loss) income before income taxes (573) 1,179 8,843 17,410
Income tax benefit (expense) (See Note 15) 64 (336) (3,224) 5,609
Net (loss) income (509) 843 5,619 23,019
Preferred stock dividends (1,263) (1,296) (3,791) (3,913)
(Loss) income available for distribution (1,772) (453) 1,828 19,106
Income allocated to participating securities 0 0 (684) (7,272)
Net (loss) income available to common shareholders $ (1,772) $ (453) $ 1,144 $ 11,834
Earnings per share (See Note 18):        
Net (loss) income per share - basic (in dollars per share) $ (0.05) $ (0.01) $ 0.03 $ 0.36
Net (loss) income per share - diluted (in dollars per share) $ (0.05) $ (0.01) $ 0.03 $ 0.35
Weighted average number of shares outstanding:        
Basic (in shares) 34,067 33,257 33,956 33,032
Diluted (in shares) 34,067 33,257 34,402 33,550