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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]        
REVENUE $ 114,410 $ 99,618 $ 320,691 $ 275,548
COSTS AND EXPENSES:        
Educational services and facilities 48,055 43,129 136,639 121,251
Selling, general and administrative 63,339 54,485 181,697 156,603
(Gain) loss on sale of assets (12) 8 901 (30,923)
Gain on insurance proceeds (2,794) 0 (2,794) 0
Impairment of goodwill and long-lived assets 0 0 0 4,220
Total costs & expenses 108,588 97,622 316,443 251,151
OPERATING INCOME 5,822 1,996 4,248 24,397
OTHER:        
Interest income 464 878 1,800 1,891
Interest expense (659) (21) (1,893) (74)
INCOME BEFORE INCOME TAXES 5,627 2,853 4,155 26,214
PROVISION FOR INCOME TAXES 1,674 789 1,098 7,009
NET INCOME $ 3,953 $ 2,064 $ 3,057 $ 19,205
Basic        
Net income per common share (in dollars per share) $ 0.13 $ 0.07 $ 0.1 $ 0.64
Diluted        
Net income per common share (in dollars per share) $ 0.13 $ 0.07 $ 0.1 $ 0.63
Weighted average number of common shares outstanding:        
Basic (in shares) 30,681,594 30,163,745 30,547,187 30,114,926
Diluted (in shares) 31,041,592 30,698,475 30,806,247 30,455,155