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Unaudited Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
REVENUE:    
Total revenue $ 157,853 $ 148,065
OPERATING EXPENSES:    
Educational services and facilities 26,327 26,946
General and administrative 99,322 98,008
Depreciation and amortization 2,233 2,582
Total operating expenses 127,882 127,536
Operating income 29,971 20,529
OTHER INCOME:    
Interest income 1,440 634
Interest expense (42) (109)
Miscellaneous income 226 328
Total other income 1,624 853
PRETAX INCOME 31,595 21,382
Provision for income taxes 6,407 3,498
INCOME FROM CONTINUING OPERATIONS 25,188 17,884
LOSS FROM DISCONTINUED OPERATIONS, net of tax (397) (382)
NET INCOME 24,791 17,502
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:    
Foreign currency translation adjustments (52) 86
Unrealized gain (loss) on investments 399 (218)
Total other comprehensive income (loss) 347 (132)
COMPREHENSIVE INCOME $ 25,138 $ 17,370
NET INCOME (LOSS) PER SHARE - BASIC:    
Income from continuing operations $ 0.36 $ 0.26
Loss from discontinued operations (0.01) (0.01)
Net income per share 0.35 0.25
NET INCOME (LOSS) PER SHARE - DILUTED:    
Income from continuing operations 0.35 0.25
Net income per share $ 0.35 $ 0.25
WEIGHTED AVERAGE SHARES OUTSTANDING:    
Basic 69,837 69,216
Diluted 71,492 71,119
Tuition and Fees [Member]    
REVENUE:    
Total revenue $ 157,228 $ 147,510
Other [Member]    
REVENUE:    
Total revenue [1] $ 625 $ 555
[1] Other revenue primarily includes contract training revenue and bookstore and laptop sales.