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Unaudited Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net income (loss) $ (2,028) $ 7,029
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Amortization of deferred financing costs 138 138
Amortization of investment discount/premium 3 15
Depreciation and amortization 14,651 16,272
Deferred income taxes 1,872 (4,955)
Stock-based compensation 5,632 5,068
Impairment of right-of-use lease assets 3,649 0
Changes in assets and liabilities:    
Tuition receivable, net (8,892) (12,669)
Other assets (10,891) (6,374)
Accounts payable and accrued expenses 1,831 2,972
Income taxes payable and income taxes receivable (4,613) 9,660
Contract liabilities 34,035 41,012
Other liabilities (145) (1,573)
Net cash provided by operating activities 35,242 56,595
Cash flows from investing activities:    
Purchases of property and equipment (8,270) (9,686)
Purchases of marketable securities (17,103) 0
Proceeds from marketable securities 1,960 1,100
Proceeds from other investments 457 0
Other investments (118) (175)
Cash paid for acquisition, net of cash acquired (211) 0
Net cash used in investing activities (23,285) (8,761)
Cash flows from financing activities:    
Common dividends paid (14,755) (15,018)
Net payments for stock awards (4,964) (2,849)
Repurchase of common stock 0 (3,961)
Net cash used in financing activities (19,719) (21,828)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (887) 2,097
Net increase (decrease) in cash, cash equivalents, and restricted cash (8,649) 28,103
Cash, cash equivalents, and restricted cash — beginning of period 227,454 279,212
Cash, cash equivalents, and restricted cash — end of period 218,805 307,315
Non-cash transactions:    
Non-cash additions to property and equipment 1,447 5,111
Right-of-use lease assets obtained in exchange for operating lease liabilities $ 5,124 $ 418