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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 375,515 $ 311,732
Marketable securities 39,288 37,121
Tuition receivable, net 47,340 55,694
Income taxes receivable 10,518 0
Other current assets 17,660 15,814
Total current assets 490,321 420,361
Property and equipment, net 118,462 122,677
Right-of-use lease assets 97,484  
Marketable securities, non-current 25,737 37,678
Intangible assets, net 300,678 328,344
Goodwill 732,104 732,540
Other assets 19,784 19,429
Total assets 1,784,570 1,661,029
Current liabilities:    
Accounts payable and accrued expenses 86,066 85,979
Income taxes payable 0 419
Contract liabilities 40,919 38,733
Lease liabilities 26,834  
Total current liabilities 153,819 125,131
Deferred income tax liabilities 66,323 59,358
Lease liabilities, non-current 86,998  
Other long-term liabilities 39,554 51,316
Total liabilities 346,694 235,805
Commitments and contingencies
Stockholders’ equity:    
Common stock, par value $0.01; 32,000,000 shares authorized; 21,743,498 and 21,948,563 shares issued and outstanding at December 31, 2018 and June 30, 2019, respectively 219 217
Additional paid-in capital 1,305,148 1,306,653
Accumulated other comprehensive income 449 32
Retained earnings 132,060 118,322
Total stockholders’ equity 1,437,876 1,425,224
Total liabilities and stockholders’ equity $ 1,784,570 $ 1,661,029