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Unaudited Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
REVENUE:    
Total revenue $ 170,994 $ 157,853
OPERATING EXPENSES:    
Educational services and facilities 26,911 26,327
General and administrative 103,529 99,322
Depreciation and amortization 2,639 2,233
Asset impairment 612  
Total operating expenses 133,691 127,882
Operating income 37,303 29,971
OTHER INCOME:    
Interest income 1,487 1,440
Interest expense (41) (42)
Miscellaneous (expense) income (13) 226
Total other income 1,433 1,624
PRETAX INCOME 38,736 31,595
Provision for income taxes 9,604 6,407
INCOME FROM CONTINUING OPERATIONS 29,132 25,188
LOSS FROM DISCONTINUED OPERATIONS, net of tax (26) (397)
NET INCOME 29,106 24,791
OTHER COMPREHENSIVE (LOSS) INCOME, net of tax:    
Foreign currency translation adjustments (48) (52)
Unrealized (loss) gain on investments (839) 399
Total other comprehensive (loss) income (887) 347
COMPREHENSIVE INCOME $ 28,219 $ 25,138
NET INCOME (LOSS) PER SHARE - BASIC:    
Income from continuing operations $ 0.42 $ 0.36
Loss from discontinued operations   (0.01)
Net income per share 0.42 0.35
NET INCOME (LOSS) PER SHARE - DILUTED:    
Income from continuing operations 0.41 0.35
Net income per share $ 0.41 $ 0.35
WEIGHTED AVERAGE SHARES OUTSTANDING:    
Basic 69,839 69,837
Diluted 71,714 71,492
Tuition and Fees [Member]    
REVENUE:    
Total revenue $ 170,394 $ 157,228
Other [Member]    
REVENUE:    
Total revenue [1] $ 600 $ 625
[1] Other revenue primarily includes contract training revenue and bookstore sales.