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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Revenues $ 409,507 $ 376,145 $ 809,733 $ 747,105
Instructional costs and services 261,950 246,754 535,774 487,823
Gross margin 147,557 129,391 273,959 259,282
Selling, general, and administrative expenses 90,642 90,939 224,021 208,766
Income from operations 56,915 38,452 49,938 50,516
Interest expense, net (1,875) (5,024) (3,868) (7,131)
Other income, net 3,884 1,361 3,795 1,790
Income before income taxes and income (loss) from equity method investments 58,924 34,789 49,865 45,175
Income tax expense (15,928) (10,642) (13,035) (8,266)
Income (loss) from equity method investments (992) 354 (709) 258
Net income attributable to common stockholders $ 42,004 $ 24,501 $ 36,121 $ 37,167
Net income attributable to common stockholders per share:        
Basic (in dollars per share) $ 1.01 $ 0.61 $ 0.88 $ 0.93
Diluted (in dollars per share) $ 1.00 $ 0.60 $ 0.85 $ 0.89
Weighted average shares used in computing per share amounts:        
Basic (in shares) 41,525,736 40,160,362 41,042,401 40,072,360
Diluted (in shares) 41,963,399 41,102,425 42,413,828 41,681,061