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Unaudited Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
REVENUE:    
Tuition and fees $ 161,377 $ 197,785
Other 732 1,101
Total revenue 162,109 198,886
OPERATING EXPENSES:    
Educational services and facilities 40,173 61,538
General and administrative 108,245 123,563
Depreciation and amortization 3,910 6,569
Asset impairment   237
Total operating expenses 152,328 191,907
Operating income 9,781 6,979
OTHER INCOME:    
Interest income 390 265
Interest expense (113) (236)
Miscellaneous income 40 217
Total other income 317 246
PRETAX INCOME 10,098 7,225
Provision for income taxes 4,501 4,135
INCOME FROM CONTINUING OPERATIONS 5,597 3,090
LOSS FROM DISCONTINUED OPERATIONS, net of tax (420) (79)
NET INCOME 5,177 3,011
OTHER COMPREHENSIVE INCOME, net of tax:    
Foreign currency translation adjustments 41 193
Unrealized gains on investments 23 323
Total other comprehensive income 64 516
COMPREHENSIVE INCOME $ 5,241 $ 3,527
NET INCOME (LOSS) PER SHARE - BASIC:    
Income from continuing operations $ 0.08 $ 0.04
Net income per share 0.08 0.04
NET INCOME (LOSS) PER SHARE - DILUTED:    
Income from continuing operations 0.08 0.04
Loss from discontinued operations (0.01)  
Net income per share $ 0.07 $ 0.04
WEIGHTED AVERAGE SHARES OUTSTANDING:    
Basic 68,578 68,155
Diluted 70,319 68,798