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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Revenues $ 257,154 $ 253,252 $ 771,834 $ 759,438
Instructional costs and services 178,968 168,260 515,796 487,574
Gross margin 78,186 84,992 256,038 271,864
Selling, general, and administrative expenses 63,687 61,725 230,622 229,059
Income from operations 14,499 23,267 25,416 42,805
Interest income (expense), net (76) 754 1,275 1,547
Other income (expense), net (1,093) 556 (736) (40)
Income before income taxes and loss from equity method investments 13,330 24,577 25,955 44,312
Income tax expense (4,419) (5,842) (5,993) (9,858)
Loss from equity method investments (157) (273) (344) (562)
Net income attributable to common stockholders $ 8,754 $ 18,462 $ 19,618 $ 33,892
Net income attributable to common stockholders per share:        
Basic (in dollars per share) $ 0.22 $ 0.47 $ 0.50 $ 0.87
Diluted (in dollars per share) $ 0.22 $ 0.44 $ 0.48 $ 0.84
Weighted average shares used in computing per share amounts:        
Basic (in shares) 39,539,791 39,008,990 39,426,121 38,753,236
Diluted (in shares) 39,938,898 41,753,323 40,461,290 40,548,959