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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Revenues $ 376,145 $ 257,559 $ 747,105 $ 514,680
Instructional costs and services 246,754 167,470 487,823 336,828
Gross margin 129,391 90,089 259,282 177,852
Selling, general, and administrative expenses 90,939 59,784 208,766 166,935
Income from operations 38,452 30,305 50,516 10,917
Interest income (expense), net (5,024) 441 (7,131) 1,351
Other income, net 1,361 365 1,790 357
Income before income taxes and loss from equity method investments 34,789 31,111 45,175 12,625
Income tax expense (10,642) (10,392) (8,266) (1,574)
Income (loss) from equity method investments 354 (125) 258 (187)
Net income attributable to common stockholders $ 24,501 $ 20,594 $ 37,167 $ 10,864
Net income attributable to common stockholders per share:        
Basic (in dollars per share) $ 0.61 $ 0.52 $ 0.93 $ 0.28
Diluted (in dollars per share) $ 0.60 $ 0.52 $ 0.89 $ 0.27
Weighted average shares used in computing per share amounts:        
Basic (in shares) 40,160,362 39,450,017 40,072,360 39,369,287
Diluted (in shares) 41,102,425 39,973,933 41,681,061 40,692,822