XML 55 R46.htm IDEA: XBRL DOCUMENT v3.23.1
Summary of Significant Accounting Policies (Effect of Revision on Affected Line Items Within Consolidated Statements of Income) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
Mar. 31, 2022
Error Corrections and Prior Period Adjustments Restatement [Line Items]        
Revenue $ 369,082 $ 364,281 $ 1,086,185 $ 1,021,195
Student services and administrative expense 144,526 148,863 432,713 433,379
Total operating cost and expense 309,653 331,332 957,572 990,412
Operating (loss) income 59,429 32,949 128,613 30,783
Other income (expense), net 3,980 (327) 3,301 2,435
Loss from continuing operations before income taxes 48,952 (3,963) 84,108 (76,689)
Benefit from income taxes (389) 8,363 (5,906) 39,597
Loss from continuing operations 48,563 4,400 78,202 (37,092)
Income from discontinued operations before income taxes (3,993) 3,426 (6,734) 1,535
Income from discontinued operations (2,694) 343,340 (7,088) 341,337
Net income $ 45,869 $ 347,740 $ 71,114 $ 304,245
Basic:        
Continuing operations $ 1.08 $ 0.09 $ 1.73 $ (0.75)
Discontinued operations (0.06) 7.02 (0.16) 6.90
Total basic earnings per share 1.02 7.11 1.57 6.15
Diluted:        
Continuing operations 1.06 0.09 1.70 (0.75)
Discontinued operations (0.06) 6.95 (0.15) 6.90
Total diluted earnings per share $ 1.00 $ 7.04 $ 1.54 $ 6.15
Previously Reported [Member]        
Error Corrections and Prior Period Adjustments Restatement [Line Items]        
Revenue   $ 365,623   $ 1,025,891
Student services and administrative expense   149,890   432,923
Total operating cost and expense   332,359   989,956
Operating (loss) income   33,264   35,935
Other income (expense), net   1,045   2,784
Loss from continuing operations before income taxes   (2,276)   (71,188)
Benefit from income taxes   8,133   38,897
Loss from continuing operations   5,857   (32,291)
Income from discontinued operations before income taxes   4,071   2,180
Income from discontinued operations   343,985   341,982
Net income   $ 349,842   $ 309,691
Basic:        
Continuing operations   $ 0.12   $ (0.65)
Discontinued operations   7.03   6.91
Total basic earnings per share   7.15   6.26
Diluted:        
Continuing operations   0.12   (0.65)
Discontinued operations   6.97   6.91
Total diluted earnings per share   $ 7.09   $ 6.26
Adjustment        
Error Corrections and Prior Period Adjustments Restatement [Line Items]        
Revenue   $ (1,342)   $ (4,696)
Student services and administrative expense   (1,027)   456
Total operating cost and expense   (1,027)   456
Operating (loss) income   (315)   (5,152)
Other income (expense), net   (1,372)   (349)
Loss from continuing operations before income taxes   (1,687)   (5,501)
Benefit from income taxes   230   700
Loss from continuing operations   (1,457)   (4,801)
Income from discontinued operations before income taxes   (645)   (645)
Income from discontinued operations   (645)   (645)
Net income   $ (2,102)   $ (5,446)
Basic:        
Continuing operations   $ (0.03)   $ (0.10)
Discontinued operations   (0.01)   (0.01)
Total basic earnings per share   (0.04)   (0.11)
Diluted:        
Continuing operations   (0.03)   (0.10)
Discontinued operations   (0.02)   (0.01)
Total diluted earnings per share   $ (0.05)   $ (0.11)