Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Income Loss (Unaudited)

v3.7.0.1
Condensed Consolidated Statements of Operations and Comprehensive Income Loss (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]    
Revenue $ 22,815 $ 22,738
Operating costs and expenses:    
Direct course expenses 12,829 11,654
Advertising and sales expenses 4,591 5,267
Royalty expenses 893 973
General and administrative expenses 4,341 4,059
Total operating costs and expenses 22,654 21,953
Income from operations 161 785
Other income (expense):    
Interest expense, net 3 3
Other income (expense), net 83 (179)
Total other income (expense), net 80 (182)
Income before income taxes 241 603
Income tax expense (21) (10)
Net income $ 220 $ 593
Basic earnings per common share $ 0.01 $ 0.03
Diluted earnings per common share $ 0.01 $ 0.03
Basic weighted average common shares outstanding 21,284 20,961
Diluted weighted average common shares outstanding 22,631 21,846
Comprehensive income/(loss):    
Net income $ 220 $ 593
Foreign currency translation adjustments, net of tax of $0 (298) 485
Total comprehensive income (loss) $ (78) $ 1,078