ITT Educational Services Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company reported revenue of $203,178,000 compared to $242,561,000 a year ago. Operating income was $12,512,000 compared to $6,783,000 a year ago. Income before provision for income taxes was $2,825,000 compared to $17,600,000 a year ago. Net income was $1,688,000 compared to $10,322,000 a year ago. Basic and diluted earnings per share were $0.07 compared to $0.44 a year ago. Net cash flows from operating activities were $21,292,000 compared to $33,122,000 a year ago. Capital expenditures, net were $3,310,000 compared to $1,798,000 a year ago.

For the nine months, the company reported revenue of $647,384,000 compared to $718,580,000 a year ago. Operating income was $51,792,000 compared to $26,628,000 a year ago. Income before provision for income taxes was $21,761,000 compared to $24,315,000 a year ago. Net income was $12,851,000 compared to $14,336,000 a year ago. Basic and diluted earnings per share were $0.54 compared to $0.60 per diluted share a year ago. Net cash flows from operating activities were $53,319,000 compared to $91,603,000 a year ago. Capital expenditures, net were $5,819,000 compared to $4,455,000 a year ago.

The company reported Goodwill impairment charge for the third quarter ended September 30, 2015. For the quarter, the company reported Goodwill impairment of $5,203,000.