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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Revenue $ 149,608 $ 78,014 $ 304,355 $ 166,555
Costs and expenses:        
Instructional costs and services 72,089 30,394 143,787 62,713
Selling and promotional 35,846 17,490 75,165 36,892
General and administrative 29,923 25,457 59,512 48,981
Impairment of goodwill and intangible assets 144,900 0 144,900 0
(Gain) loss on disposals of long-lived assets (9) 174 784 182
Depreciation and amortization 8,119 2,524 16,267 5,175
Total costs and expenses 290,868 76,039 440,415 153,943
Income from operations before interest and income taxes (141,260) 1,975 (136,060) 12,612
Gain On Acquisition (705) 0 3,828 0
Interest (expense) income (3,390) 24 (6,745) 138
(Loss) income before income taxes (145,355) 1,999 (138,977) 12,750
Income tax (benefit) expense (35,332) 646 (34,292) 3,285
Equity investment loss (6) (822) (11) (827)
Net (loss) income $ (110,029) $ 531 $ (104,696) $ 8,638
Net (loss) income per common share:        
Basic (in dollars per share) $ (5.83) $ 0.03 $ (5.56) $ 0.49
Diluted (in dollars per share) $ (5.82) $ 0.03 $ (5.54) $ 0.49
Weighted average number of common shares:        
Basic (in shares) 18,865 18,684 18,835 17,454
Diluted (in shares) 18,907 18,840 18,893 17,654