v3.22.4
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]    
Revenues $ 120,004 $ 105,075
Operating expenses:    
Educational services and facilities 61,408 47,901
Selling, general and administrative 54,148 43,596
Total operating expenses 115,556 91,497
Income from operations 4,448 13,578
Other income (expense):    
Interest income 823 12
Interest expense (1,423) (233)
Other income, net 325 118
Total other expense, net (275) (103)
Income before income taxes 4,173 13,475
Income tax (expense) benefit (See Note 15) (1,525) 1,347
Net income 2,648 14,822
Preferred stock dividends (1,277) (1,323)
Income available for distribution 1,371 13,499
Income allocated to participating securities (514) (5,267)
Net income available to common shareholders $ 857 $ 8,232
Earnings per share (See Note 18):    
Net income per share - basic (in dollars per share) $ 0.03 $ 0.25
Net income per share - diluted (in dollars per share) $ 0.02 $ 0.25
Weighted average number of shares outstanding:    
Basic (in shares) 33,805 32,849
Diluted (in shares) 34,408 33,572