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CONSOLIDATED STATEMENTS OF INCOME (unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Income Statement [Abstract]                      
Revenue $ 267,173 $ 259,617 $ 260,459 $ 285,062 $ 305,572 $ 313,791 $ 328,061 $ 339,209 $ 1,072,311 $ 1,286,633 $ 1,499,977
Costs and expenses:                      
Cost of educational services 118,432 120,204 123,541 124,176 129,394 133,948 140,067 134,941 486,353 538,350 553,065
Student services and administrative expenses 101,303 96,182 98,335 101,721 88,995 104,647 105,895 101,319 397,541 400,856 414,156
Asset impairment         15,166 0 0 0 0 15,166 0
Legal and other investigation costs 3,121 2,089 213 1,500 0 0 873 0 6,923 873 0
Loss related to loan program guarantees 82,335 4,826 0 3,803 88,970 5,095 3,906 3,054 90,964 101,025 23,500
Provision for PEAKS Trust student loan losses 8,648 16,382 4,319 0         29,349 0 0
Total costs and expenses                 1,011,130 1,056,270 990,721
Operating income (46,666) 19,934 34,051 53,862 (16,953) 70,101 77,320 99,895 61,181 230,363 509,256
(Loss) on consolidation of PEAKS Trust 0 0 0 (73,248)         (73,248) 0 0
Interest income 33 16 25 34 40 125 502 681 108 1,348 2,902
Interest (expense) (7,144) (7,190) (7,369) (3,574) (901) (1,021) (1,254) (547) (25,277) (3,723) (1,825)
Income (loss) before provision for income taxes (53,777) 12,760 26,707 (22,926) (17,814) 69,205 76,568 100,029 (37,236) 227,988 510,333
Provision for income taxes (14,396) 3,336 6,503 (5,655) (7,740) 26,747 30,627 39,384 (10,212) 89,018 201,247
Net income (loss) $ (39,381) $ 9,424 $ 20,204 $ (17,271) $ (10,074) $ 42,458 $ 45,941 $ 60,645 $ (27,024) $ 138,970 $ 309,086
Earnings (loss) per share:                      
Basic $ (1.68) $ 0.40 $ 0.86 $ (0.74) $ (0.44) $ 1.82 $ 1.96 $ 2.39 $ (1.15) $ 5.82 $ 11.27
Diluted $ (1.68) $ 0.40 $ 0.80 $ (0.63) $ (0.44) $ 1.81 $ 1.95 $ 2.37 $ (1.15) $ 5.79 $ 11.18
Weighted average shares outstanding:                      
Basic                 23,412 23,880 27,429
Diluted                 23,412 23,999 27,655