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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2018
Mar. 31, 2017
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Revenues $ 232,864 $ 222,533 $ 678,860 $ 672,761
Cost and expenses        
Instructional costs and services 148,878 136,431 435,408 418,072
Selling, administrative, and other operating expenses 62,267 69,828 220,507 236,826
Product development expenses 2,002 3,511 7,276 9,446
Total costs and expenses 213,147 209,770 663,191 664,344
Income from operations 19,717 12,763 15,669 8,417
Interest income, net 261 641 535 1,247
Income before income taxes and noncontrolling interest 19,978 13,404 16,204 9,664
Income tax benefit (expense) (6,935) (4,522) 1,869 (3,520)
Net income 13,043 8,882 18,073 6,144
Add net loss attributable to noncontrolling interest 27 233 200 790
Net income attributable to common stockholders $ 13,070 $ 9,115 $ 18,273 [1] $ 6,934
Net income attributable to common stockholders per share:        
Basic (in dollars per share) $ 0.33 $ 0.24 $ 0.46 $ 0.18
Diluted (in dollars per share) $ 0.32 $ 0.23 $ 0.45 $ 0.18
Weighted average shares used in computing per share amounts:        
Basic (in shares) 39,644,074 38,376,984 39,366,497 38,145,671
Diluted (in shares) 40,766,203 39,328,127 40,771,437 38,956,081
[1] Net income excludes $0.2 million due to the redeemable noncontrolling interest related to LearnBop, which is reported outside of permanent equity in the accompanying unaudited condensed consolidated balance sheets.