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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Income Statement [Abstract]    
Revenue $ 174,738 $ 164,551
Costs and expenses:    
Instructional costs and services 74,630 74,944
Selling and promotional 37,867 35,205
General and administrative 36,290 36,407
Depreciation and amortization 4,154 3,992
Loss on assets held for sale (Note 2) 0 1,527
Loss on disposals of long-lived assets 154 230
Total costs and expenses 153,095 152,305
Income from operations before interest and income taxes 21,643 12,246
Loss on extinguishment of debt (1,672) 0
Interest expense, net (725) (887)
Income before income taxes 19,246 11,359
Income tax expense 1,515 2,466
Net income 17,731 8,893
Preferred stock dividends 0 1,432
Net income available to common stockholders basic 17,731 7,461
Net income available to common stockholders diluted $ 17,731 $ 7,461
Income per common share:    
Basic (in dollars per share) $ 0.97 $ 0.42
Diluted (in dollars per share) $ 0.94 $ 0.41
Weighted average number of common shares:    
Basic (in shares) 18,282 17,840
Diluted (in shares) 18,804 18,417