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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Revenue $ 98,248 $ 79,133 $ 264,803 $ 235,876
Costs and expenses:        
Instructional costs and services 42,544 31,084 105,257 91,058
Selling and promotional 23,458 18,523 60,350 53,765
General and administrative 26,598 22,574 75,579 65,314
Loss on disposals of long-lived assets 0 418 182 742
Depreciation and amortization 4,386 3,226 9,561 9,955
Total costs and expenses 96,986 75,825 250,929 220,834
Income from operations before interest and income taxes 1,262 3,308 13,874 15,042
Interest (expense) income (1,305) 121 (1,167) 1,002
(Loss) income before income taxes (43) 3,429 12,707 16,044
Income tax expense 224 785 3,509 4,291
Equity investment loss 0 (2) (827) (2)
Net (loss) income $ (267) $ 2,642 $ 8,371 $ 11,751
Net (loss) income per common share:        
Basic (in dollars per share) $ (0.01) $ 0.18 $ 0.47 $ 0.79
Diluted (in dollars per share) $ (0.01) $ 0.18 $ 0.46 $ 0.78
Weighted average number of common shares:        
Basic (in shares) 18,700 14,797 17,874 14,870
Diluted (in shares) 18,855 15,011 18,048 15,021