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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
REVENUE:    
Total revenue $ 195,598 $ 182,959
OPERATING EXPENSES:    
Educational services and facilities 33,851 28,088
General and administrative 112,686 106,296
Depreciation and amortization 5,155 4,882
Asset impairment 570  
Total operating expenses 152,262 139,266
Operating income 43,336 43,693
OTHER INCOME:    
Interest income 3,818 333
Interest expense (95) (103)
Miscellaneous expense (6) (89)
Total other income 3,717 141
PRETAX INCOME 47,053 43,834
Provision for income taxes 12,569 11,756
NET INCOME $ 34,484 $ 32,078
NET INCOME PER SHARE - BASIC: $ 0.51 $ 0.47
NET INCOME PER SHARE - DILUTED: $ 0.50 $ 0.46
WEIGHTED AVERAGE SHARES OUTSTANDING:    
Basic 67,235 68,746
Diluted 68,514 69,567
Tuition and Fees, Net [Member]    
REVENUE:    
Total revenue $ 193,319 $ 181,327
Other [Member]    
REVENUE:    
Total revenue [1] $ 2,279 $ 1,632
[1] Other revenue primarily includes contract training revenue and miscellaneous non-student related revenue.