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Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Condensed Consolidated Statements of Income        
Revenue $ 387,877 $ 401,849 $ 771,048 $ 785,806
Costs and expenses:        
Cost of educational services 142,272 133,763 280,198 268,145
Student services and administrative expenses 115,626 110,954 220,209 217,914
Total costs and expenses 257,898 244,717 500,407 486,059
Operating income 129,979 157,132 270,641 299,747
Interest income 790 533 1,625 1,242
Interest (expense) (507) (514) (1,064) (934)
Income before provision for income taxes 130,262 157,151 271,202 300,055
Provision for income taxes 51,262 61,111 106,816 116,564
Net income $ 79,000 $ 96,040 $ 164,386 $ 183,491
Earnings per share:        
Basic $ 2.88 $ 2.82 $ 5.81 $ 5.31
Diluted $ 2.85 $ 2.78 $ 5.77 $ 5.24
Weighted average shares outstanding:        
Basic 27,474 34,081 28,275 34,552
Diluted 27,719 34,525 28,511 35,010