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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) [Abstract]        
REVENUE $ 78,792 $ 72,594 $ 211,303 $ 199,427
COSTS AND EXPENSES:        
Educational services and facilities 34,251 33,211 90,733 92,940
Selling, general and administrative 40,700 37,451 117,011 111,512
Loss (gain) on disposition of assets 1 (211) (96) (211)
Total costs & expenses 74,952 70,451 207,648 204,241
OPERATING INCOME (LOSS) 3,840 2,143 3,655 (4,814)
OTHER:        
Interest income 0 1 0 7
Interest expense (278) (754) (960) (2,141)
INCOME (LOSS) BEFORE INCOME TAXES 3,562 1,390 2,695 (6,948)
PROVISION FOR INCOME TAXES 50 50 150 244
NET INCOME (LOSS) 3,512 1,340 2,545 (7,192)
PREFERRED STOCK DIVIDENDS 1,074 0 1,074 0
INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS $ 2,438 $ 1,340 $ 1,471 $ (7,192)
Basic        
Net income (loss) per common share (in dollars per share) $ 0.08 $ 0.05 $ 0.05 $ (0.29)
Diluted        
Net income (loss) per common share (in dollars per share) $ 0.08 $ 0.05 $ 0.05 $ (0.29)
Weighted average number of common shares outstanding:        
Basic (in shares) 24,821,665 24,563,038 24,720,817 24,550,999
Diluted (in shares) 24,821,665 24,607,504 24,720,817 24,550,999