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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]        
REVENUE $ 88,646 $ 82,142 $ 175,929 $ 164,697
COSTS AND EXPENSES:        
Educational services and facilities 40,030 36,106 78,123 72,302
Selling, general and administrative 51,814 45,835 102,119 92,520
Gain on sale of assets (30,933) (195) (30,933) (195)
Impairment of goodwill and long-lived assets 4,220 0 4,220 0
Total costs & expenses 65,131 81,746 153,529 164,627
OPERATING INCOME 23,515 396 22,400 70
OTHER:        
Interest income 547 0 1,013 0
Interest expense (28) (35) (53) (77)
INCOME (LOSS) BEFORE INCOME TAXES 24,034 361 23,360 (7)
PROVISION (BENEFIT) FOR INCOME TAXES 6,784 102 6,219 (539)
NET INCOME 17,250 259 17,141 532
PREFERRED STOCK DIVIDENDS 0 304 0 608
INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS $ 17,250 $ (45) $ 17,141 $ (76)
Basic        
Net income (loss) per common share (in dollars per share) $ 0.57 $ 0 $ 0.57 $ 0
Diluted        
Net income (loss) per common share (in dollars per share) $ 0.57 $ 0 $ 0.57 $ 0
Weighted average number of common shares outstanding:        
Basic (in shares) 30,140,221 25,962,617 30,090,113 25,842,456
Diluted (in shares) 30,397,308 25,962,617 30,333,495 25,842,456