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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
REVENUE:        
Total revenue $ 167,684 $ 175,539 $ 350,643 $ 359,177
OPERATING EXPENSES:        
Educational services and facilities 27,269 28,532 55,357 57,506
General and administrative 101,332 107,132 207,628 217,177
Depreciation and amortization 4,909 3,913 9,791 7,915
Asset impairment 228   228  
Total operating expenses 133,738 139,577 273,004 282,598
Operating income 33,946 35,962 77,639 76,579
OTHER INCOME:        
Interest income 1,094 322 1,427 681
Interest expense (99) (280) (202) (389)
Miscellaneous (expense) income (226) (36) (315) 95
Total other income 769 6 910 387
PRETAX INCOME 34,715 35,968 78,549 76,966
Provision for income taxes 8,948 9,319 20,704 19,564
NET INCOME $ 25,767 $ 26,649 $ 57,845 $ 57,402
NET INCOME PER SHARE - BASIC: $ 0.38 $ 0.38 $ 0.84 $ 0.82
NET INCOME PER SHARE - DILUTED: $ 0.37 $ 0.37 $ 0.83 $ 0.80
WEIGHTED AVERAGE SHARES OUTSTANDING:        
Basic 68,341 70,299 68,542 70,224
Diluted 69,182 71,679 69,376 71,616
Tuition and Fees [Member]        
REVENUE:        
Total revenue $ 165,896 $ 174,804 $ 347,223 $ 357,635
Other [Member]        
REVENUE:        
Total revenue [1] $ 1,788 $ 735 $ 3,420 $ 1,542
[1] Other revenue primarily includes contract training revenue and miscellaneous non-student related revenue.