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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]        
Revenue $ 412,658 $ 369,082 $ 1,174,745 $ 1,086,185
Operating cost and expense:        
Cost of educational services 175,321 165,820 516,008 484,768
Student services and administrative expense 156,689 144,526 478,368 432,713
Restructuring expense 473 1,278 1,217 17,706
Business integration expense 18,450 11,346 30,621 35,702
Gain on sale of assets 0 (13,317) 0 (13,317)
Total operating cost and expense 350,933 309,653 1,026,214 957,572
Operating income 61,725 59,429 148,531 128,613
Other income (expense):        
Interest expense (16,560) (14,457) (48,910) (47,806)
Other income, net 2,871 3,980 8,648 3,301
Income from continuing operations before income taxes 48,036 48,952 108,269 84,108
Provision for income taxes (10,595) (389) (21,156) (5,906)
Income from continuing operations 37,441 48,563 87,113 78,202
Discontinued operations:        
(Loss) income from discontinued operations before income taxes (832) (3,993) 329 (6,734)
Loss on disposal of discontinued operations before income taxes 0 (402) 0 (3,576)
Benefit from (provision for) income taxes 212 1,701 (84) 3,222
(Loss) income from discontinued operations (620) (2,694) 245 (7,088)
Net income and comprehensive income $ 36,821 $ 45,869 $ 87,358 $ 71,114
Basic:        
Continuing operations (In dollars per share) $ 0.97 $ 1.08 $ 2.18 $ 1.73
Discontinued operations (In dollars per share) (0.02) (0.06) 0.01 (0.16)
Total basic earnings per share (In dollar per share) 0.95 1.02 2.18 1.57
Diluted:        
Continuing operations (In dollars per share) 0.94 1.06 2.13 1.70
Discontinued operations (In dollars per share) (0.02) (0.06) 0.01 (0.15)
Total diluted earnings per share (In dollars per share) $ 0.93 $ 1.00 $ 2.14 $ 1.54
Weighted-average shares outstanding:        
Basic shares (In shares) 38,713 45,125 40,000 45,276
Diluted shares (In shares) 39,636 45,801 40,874 46,089