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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2023
CONSOLIDATED STATEMENTS OF OPERATIONS      
Revenues $ 2,405,317 $ 2,040,069 $ 1,837,358
Instructional costs and services 1,461,398 1,276,466 1,190,288
Gross margin 943,919 763,603 647,070
Selling, general, and administrative expenses 524,347 514,003 481,571
Impairment of long-lived assets 59,478    
Income from operations 360,094 249,600 165,499
Interest expense, net (10,504) (8,812) (8,404)
Other income, net 33,629 26,900 15,452
Income before income taxes and income (loss) from equity method investments 383,219 267,688 172,547
Income tax expense (93,007) (64,482) (45,346)
Income (loss) from equity method investments (2,271) 977 (334)
Net income attributable to common stockholders $ 287,941 $ 204,183 $ 126,867
Net income attributable to common stockholders per share:      
Basic (in dollars per share) $ 6.69 $ 4.79 $ 3
Diluted (in dollars per share) $ 5.95 $ 4.69 $ 2.97
Weighted average shares used in computing per share amounts:      
Basic (in shares) 43,041,274 42,626,588 42,286,392
Diluted (in shares) 48,413,717 43,535,441 42,728,108