XML 15 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]    
Revenue $ 75,688 $ 83,966
Costs and expenses:    
Instructional costs and services 28,956 29,708
Selling and promotional 15,435 16,469
General and administrative 17,756 16,669
Loss on disposals of long-lived assets 490 261
Depreciation and amortization 4,744 4,889
Total costs and expenses 67,381 67,996
Income from continuing operations before interest income and income taxes 8,307 15,970
Interest income 11 37
Income from continuing operations before income taxes 8,318 16,007
Income tax expense 3,849 6,267
Equity investment income 40 600
Net income $ 4,509 $ 10,340
Net Income per common share:    
Basic (in dollars per share) $ 0.28 $ 0.64
Diluted (in dollars per share) $ 0.28 $ 0.64
Weighted average number of common shares:    
Basic (in shares) 16,190,061 16,038,243
Diluted (in shares) 16,320,858 16,171,424