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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]        
Revenue $ 203,178 $ 242,561 $ 647,384 $ 718,580
Costs and expenses:        
Cost of educational services 93,274 117,539 298,692 353,930
Student services and administrative expenses 84,622 100,440 266,282 297,225
Goodwill impairment 5,203 0 5,203 0
Settlements and legal and professional fees related to certain lawsuits, investigations and accounting matters 6,813 11,269 20,104 25,196
Loss related to loan program guarantees 0 2,019 0 2,019
Provision for private education loan losses 754 4,511 5,311 13,582
Total costs and expenses 190,666 235,778 595,592 691,952
Operating income 12,512 6,783 51,792 26,628
Gain on consolidation of variable interest entity 0 16,631 0 16,631
Interest income 22 17 57 51
Interest (expense) (9,709) (9,292) (30,088) (28,315)
Income before provision for income taxes 2,825 14,139 21,761 14,995
Provision for income taxes 1,137 6,017 8,910 6,266
Net income $ 1,688 $ 8,122 $ 12,851 $ 8,729
Earnings per share:        
Basic $ 0.07 $ 0.35 $ 0.54 $ 0.37
Diluted $ 0.07 $ 0.34 $ 0.54 $ 0.37
Weighted average shares outstanding:        
Basic 23,692 23,483 23,625 23,463
Diluted 23,937 23,703 23,947 23,668