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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Dec. 31, 2012
Jun. 30, 2012
Income Statement [Abstract]          
Revenue $ 260,459 $ 328,061 $ 545,521   $ 667,270
Costs and expenses:          
Cost of educational services 123,541 140,067 247,717   275,008
Student services and administrative expenses 98,335 105,895 200,056   207,214
Legal and other investigation costs 213 873 1,713   873
Loss related to loan program guarantees 0 3,906 3,803   6,960
Provision for PEAKS Trust student loan losses 4,319 0 4,319   0
Total costs and expenses 226,408 250,741 457,608   490,055
Operating income 34,051 77,320 87,913   177,215
(Loss) on consolidation of PEAKS Trust 0 0 (73,248)   0
Interest income 25 502 59   1,183
Interest (expense) (7,369) (1,254) (10,943)   (1,801)
Income before provision for income taxes 26,707 76,568 3,781   176,597
Provision for income taxes 6,503 30,627 849   70,011
Net income $ 20,204 $ 45,941 $ 2,932 $ 32,384 $ 106,586
Earnings per share:          
Basic $ 0.86 $ 1.96 $ 0.13   $ 4.37
Diluted $ 0.86 $ 1.95 $ 0.12   $ 4.34
Weighted average shares outstanding:          
Basic 23,414 23,390 23,406   24,405
Diluted 23,550 23,529 23,516   24,583